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Amazon layoffs begin, Ticketmaster can’t handle Taylor Swift, and much of Twitter HQ quits

Summary

1. Twitter employees are resigning en masse after being presented with an ultimatum by CEO Elon Musk. 2. FTX cryptocurrency exchange founder Sam Bankman-Fried gives a candid interview via DM to a Vox reporter. 3. Evernote is acquired by Italian app developer Bending Spoons. 4. Amazon begins its layoffs, which are expected to continue into next year. 5. Ticketmaster's website crashes due to overwhelming demand for Taylor Swift tickets.

Q&As

What was the ultimatum that Elon Musk presented to Twitter employees?
The ultimatum that Elon Musk presented to Twitter employees was that they had to commit to being "extremely hardcore" as "part of the new Twitter" or leave with three months severance.

How many people are estimated to have left Twitter as a result of the ultimatum?
The estimated number of people who have left Twitter as a result of the ultimatum is hundreds to thousands.

What was the biggest regret of the FTX founder?
The biggest regret of the FTX founder is filing for bankruptcy.

When did Evernote get bought?
Evernote was bought by Italian app developer Bending Spoons this week.

What was the reason for the Ticketmaster outage?
The reason for the Ticketmaster outage was that the website couldn't keep up with the demand for tickets for Taylor Swift's tour.

AI Comments

👍 It's good to see Amazon taking responsibility for its environmental impact.

👎 The company is only doing this to save face and it won't make a difference.

AI Discussion

Me: Amazon layoffs have begun, Ticketmaster can't handle Taylor Swift, and a lot of Twitter HQ quits.

Friend: That's a lot of news! Do you think the Amazon layoffs are going to continue into next year like the article says?

Me: I'm not sure. I heard that they might lay off up to 10,000 employees, so it's possible that the layoffs could continue for a while.

Friend: Yeah, that makes sense. I wonder how many people at Twitter HQ decided to quit after Elon Musk's ultimatum.

Me: I'm not sure, but I've heard that it's a lot. I guess we'll have to wait and see how things play out.

Action items

Technical terms

Layoffs
the act of reducing the number of employees at a company, typically in order to save money.
Ticketmaster
an online ticketing service for events.
Twitter HQ
the headquarters of the social media company Twitter.
SBF DMs
DMs (direct messages) from Sam Bankman-Fried, the founder of FTX.
Evernote
a note-taking app.
Bending Spoons
an Italian app developer.
Amazon
a multinational technology company.
Taylor Swift
an American singer-songwriter.

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