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The Latest Breaking News from Andrew Ross Sorkin

Stephen Ross reportedly looking to sell Dolphins stake to equity firm

Stephen Ross is reportedly looking to sell as much as a $1 billion stake in the Dolphins before the end of the year.

USA Today Sports Media Group

Trump reacts angrily to claims he was ‘meandering’ at meeting with CEOs: ‘Bunch of BS’

Republican scrambles to firefight concerns over his age and mental wellbeing after turning 78

The Independent UK

Gensler Dodges ETH Question, Says Crypto A 'Small Piece' Of Overall US Financial Market

Gensler, seemingly unmoved by calls for him and the SEC to be held accountable for "misleading" statements regarding Ether's status as a security or a commodity, once again dodged a direct question regarding the world's second-largest cryptocurrency.

International Business Times

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Friday briefing: What Elon Musk’s latest outburst means for the future of X

In today’s newsletter: The Twitter owner told advertisers to ‘go fuck yourselves’ in an interview this week – will they?

The Guardian - UK

Warner Discovery CEO David Zaslav says he was forced to lay off hundreds because WarnerMedia ‘had never been restructured for the future’

The layoffs were his "worst day on the job," but necessary to address the “generational disruption” in the industry, Zaslav said.

Fortune

Elon Musk admits X is on death row—but he won't save it

Musk's profanity-laden DealBook Summit interview was incredibly revealing.

Fortune

Twitter owner Elon Musk tells departing advertisers to 'Go f*** yourself' in baffling on-stage interview: 'This advertising boycott is going to kill the company… Let's see how Earth responds to that'

Musk was being interviewed as part of the New York Times' DealBook Summit.

PC Gamer

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X CEO Linda Yaccarino tries to bail Elon Musk out of trouble again, as she labels his expletive-laden rant against advertisers a ‘candid’ exchange

Yaccarino finds herself in the role of a modern-day Sisyphus, whose work is constantly undermined by owner Elon Musk.

Fortune

Go f*** yourself,' Elon Musk tells the advertisers he says X can't live without

Elon Musk says that X will die if advertisers boycotting the platform don't come back, but all that they should "go f*** themselves."

iMore

Musk Regrets Controversial Post But Won't Bow To Advertiser 'Blackmail'

In a comment on X, formerly Twitter, Musk on November 15 called a post "the actual truth" that said Jewish communities advocated a "dialectical hatred against whites," which was criticized as echoing longtime conspiracy theory among White supremacists.

International Business Times

If You Invested $1000 In Bitcoin, Ethereum Or Apple Stock When Tim Cook Said He Owned Cryptocurrency, Here’s How Much You’d Have Today

The cryptocurrency market soared in late 2021 with many coins hitting all-time highs

Zenger

Sun Valley 2023 Guest List Spans With Prominent Guests — Will Tesla Boss Elon Musk Attend?

This year's installment of the Sun Valley Conference is about a month away, and excitement is building up ahead of this annual event

Zenger

NBCU Upfront Show Goes on With Picketing Writers Outside

Shorter presentation than previous years at Radio City

Broadcasting & Cable

3 takeaways on SBF, Mark Zuckerberg, and Larry Fink from DealBook’s buzzy Summit

The former FTX CEO took the lawyerly route, while the Meta chief blasted Apple and the BlackRock leader forecasted change in tech.

Fortune

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Chicago Sun-Times

Ex-FTX CEO Bankman-Fried says he didn’t ‘knowingly’ misuse clients’ funds

“I didn’t ever want to commit fraud on anyone. I was shocked at what happened this month,” Sam Bankman-Fried says.

Fortune

Even by crypto standards, that New York Times interview with SBF was a disaster

The notorious Bankman-Fried interview showed the FTX's sociopathy on full display.

Bangkok Post

FTX missing billions remain a mystery

Mystery continues to shroud the missing billions at the bankrupt crypto exchange FTX after its disgraced founder Sam Bankman-Fried denied trying to perpetrate a fraud while admitting to grievous managerial errors.

Fortune

BlackRock's Fink predicts most crypto firms will go under

BlackRock CEO Larry Fink thinks that most crypto companies won't survive in the wake of Bankman Fried's FTX collapse.

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news in one place.

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The Independent UK

Ex-FTX CEO says he didn't 'knowingly' misuse clients' funds

The former CEO of the failed cryptocurrency exchange FTX says that he did not "knowingly” misuse customers' funds

WEKU

Sam Bankman-Fried strikes apologetic pose as he describes being shocked by FTX's fall

During an hour-long interview at the New York Times Dealbook Summit, Bankman-Fried frequently portrayed himself as in the dark about the condition of the multi-billion dollar exchange he founded.

The Guardian - US

FTX chief Sam Bankman-Fried says he ‘screwed up’ but rejects fraud claim

Disgraced chief executive tells summit he ‘didn’t knowingly commingle funds’ with FTX’s sister company Alameda Research

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