“I can’t explain it. It’s weird,” Alphonzo “Phonz” Terrell said. After losing his job at Twitter when Elon Musk took over, the former global head of Social & Editorial didn’t want to rest — he wanted to build. “Coming straight out of it, I was just like, ‘Oh, it’s time. It’s time to build, whether … Continue reading Three months ago, he was laid off from Twitter. Now, his competing app Spill is funded.
Entrepreneurship
US attorney says ‘we are not done’ charging individuals for FTX collapse
Multiple U.S. government agencies held a press conference Tuesday afternoon regarding the indictment of FTX’s former CEO, Sam Bankman-Fried. When asked whether the entities will bring charges against other individuals allegedly involved in the FTX collapse, Damian Williams, the U.S. attorney for the Southern District of New York, said during the event, “I can only … Continue reading US attorney says ‘we are not done’ charging individuals for FTX collapse
Senate Democrats call for criminal investigation of FTX founder Sam Bankman-Fried
Sens. Elizabeth Warren (D-Mass.) and Sheldon Whitehouse (D-R.I.) sent a letter to the Department of Justice (DOJ) Wednesday calling for a criminal investigation of what they called the “fraudulent tactics” of Sam Bankman-Fried, the founder and CEO of FTX Trading Ltd., which filed for bankruptcy this month. “Given the department’s commitment to holding perpetrators … Continue reading Senate Democrats call for criminal investigation of FTX founder Sam Bankman-Fried
Ford, VW-backed Argo AI is shutting down
Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $1 billion investment, is shutting down — its parts being absorbed into its two main backers: Ford and VW, according to people familiar with the matter. During an all-hands meeting Wednesday, Argo AI employees were told that some people … Continue reading Ford, VW-backed Argo AI is shutting down
Tumblr said 420 Blaze it (but literally)
Yesterday, Tumblr rolled out Tumblr Blaze to all users over 18 in the United States. The feature lets users promote their content in the same way you might boost a tweet or a Facebook post on those respective platforms — you pay a set fee between $10 and $150, and you’ll get an estimated 2,500 … Continue reading Tumblr said 420 Blaze it (but literally)
We just found out how Musk may finance his $43B Twitter bid
In an SEC filing today, Elon Musk indicated that Twitter has yet to respond to his offer to buy the company, and that he is “exploring whether to commence a tender offer to acquire all of the outstanding shares.” Recall that Twitter has itself adopted a poison-pill defense of its equity in light of Musk’s … Continue reading We just found out how Musk may finance his $43B Twitter bid
The Age of the Influencer Has Peaked. It’s Time For the Slacker to Rise Again
There are signs that our individualist culture of achievement and brand alignment has jumped the shark. It’s hard to remember a time when scrolling through Instagram was anything but a thoroughly exhausting experience. Where once the social network was basically lunch and sunsets, it’s now a parade of strategically-crafted life updates, career achievements, and public … Continue reading The Age of the Influencer Has Peaked. It’s Time For the Slacker to Rise Again
Best Blockchain Games of 2022
Adoption is a word you’ll hear on an almost daily basis in the crypto space. It can though mean different things to different people. For some, it’s all about just getting more people into buying crypto and thus pushing the prices up. For them, adoption means nothing more than higher profits. To those of us … Continue reading Best Blockchain Games of 2022
YouTube’s head of Gaming leaves to join blockchain group Polygon
Ryan Wyatt describes himself on Twitter as YouTube’s head of Gaming by day, and a “web3 & crypto advisor/investor by night.” Now, he’ll be working in crypto during the day, too. Today, Wyatt announced that he will be leaving YouTube after almost eight years to join the team at Polygon, a blockchain scaling network built … Continue reading YouTube’s head of Gaming leaves to join blockchain group Polygon
Maybe creator funds are bad
In the summer of 2020, TikTok set aside $200 million to pay U.S. creators in what it called a “creator fund.” This wasn’t a common practice at the time. The more seasoned platform YouTube paid creators by distributing funds through its partner program, established in 2007, which enables revenue sharing on the advertisements that play … Continue reading Maybe creator funds are bad
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