Sure, it may not sound like the spiciest headline, but Sam Bankman-Fried is in a weird place to be starting a Substack. He’s facing up to 115 years in prison if he’s convicted of federal fraud and conspiracy charges. And yet the embattled founder of collapsed crypto exchange FTX – who pleaded not guilty and is out on a $250 million bond while awaiting trial – figured it’d be a great idea to write about his perspective on the saga in a Substack newsletter.In his first post, about the collapse of FTX International, Bankman-Fried (aka SBF) claims “I didn’t steal funds, and I certainly didn’t stash billions away.” SBF notes that FTX US (which serves customers in America) “remains fully solvent and should be able to return all customers’ funds.” However, he does not mention that FTX co-founder Zixiao "Gary" Wang and former Alameda Research CEO Caroline Ellison pleaded guilty to fraud charges and are cooperating with prosecutors.– Mat SmithThe Morning After isn’t just a newsletter – it’s also a daily podcast. Get our daily audio briefings, Monday through Friday, by subscribing right here.The biggest stories you might have missedApple CEO Tim Cook is taking a 40 percent pay cut in 2023The best projectors you can buy in 2023, plus how to choose oneApple TV and Apple Music apps quietly appear on the Microsoft Store Samsung's Galaxy Watch 5 falls back to an all-time lowIntel’s new desktop processor reaches 6GHz without overclockingAmazon fails to overturn Staten Island warehouse's... Continue reading at 'Engadget'
[ Engadget | 2023-01-13 12:15:24 UTC ]
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After entering the fiction market in 2005 with the launch of its Pyr science fiction imprint, Prometheus has sold that imprint and another one to return to its original focus: nonfiction. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-11-12 00:00:00 UTC ]
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Kyle Kuzma stepped to the free-throw line with 17.8 seconds left and the Lakers clinging to a one-point lead after Dallas’ Harrison Barnes had drilled a three-pointer from the corner with 23.9 seconds left. The arena went quiet when Kuzma stepped to the line, groaned when he missed the first free... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-11-01 00:00:00 UTC ]
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At the Frankfurt Book Fair’s inaugural Audiobook Conference on Wednesday, experts told attendees that the audio book is indeed a global trend with more growth to come. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-10 00:00:00 UTC ]
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Stephen Fry usurps Mark Manson to top the audio chart for August, as his narration of the Harry Potter titles enjoy an Indian summer. Continue reading at The Bookseller
[ The Bookseller | 2018-10-09 00:00:00 UTC ]
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'What I hadn’t anticipated was just how difficult it is to start a publishing business,' writes Richard Charkin in a Frankfurt installment of his exclusive series for Publishing Perspectives. The post Richard Charkin: How (Not) To Start a Publishing Company, a Case Study appeared first on... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-10-09 00:00:00 UTC ]
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The American Bookseller Association’s Pre-Order Task Force, an initiative to encourage customers to pre-order books at 22 indie bookstores around the country, shared encouraging early results at the NCIBA Fall Discovery Show. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-05 00:00:00 UTC ]
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Independent booksellers have expressed concerns that Waterstones is selling Super Thursday titles ahead of their publication date. Continue reading at The Bookseller
[ The Bookseller | 2018-10-04 00:00:00 UTC ]
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PublishDrive, a global ebook distribution platform for authors and independent publishers, has introduced a new subscription pricing option allowing authors to pay a flat fee. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-10-03 00:00:00 UTC ]
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The set of Brother, Vertical Networks’ irreverent digital magazine for young men, which publishes daily on Snapchat and Facebook. Continue reading at The New York Times
[ The New York Times | 2018-10-01 00:00:00 UTC ]
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The founders of Instagram announced in a surprise move Monday that they were leaving Facebook Inc. Kevin Systrom and Mike Krieger said they were “ready for their next chapter” and said they were grateful for the six years they spent at Facebook, which acquired the photo sharing app for $1... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-09-25 00:00:00 UTC ]
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Publishing micro-genres often reflect the fashions and anxieties of the age – bad news for us literary editorsOne day last week, after I spent the best part of an hour opening two days’ worth of post at my office – I work as literary editor of the Spectator – I posted a peevish tweet: “Can we... Continue reading at The Guardian
[ The Guardian | 2018-09-24 00:00:00 UTC ]
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Facebook announced that it has begun the process of indexing news pages in order to determine which publishers should be included in the Ad Archive that it introduced in June. The Ad Archive, which is available globally, gives people the ability to search for ads related to politics or issues of... Continue reading at AdWeek
[ AdWeek | 2018-09-19 00:00:00 UTC ]
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Salesforce founder Marc Benioff and his wife Lynne agreed to acquire Time magazine from Meredith for $190 million in cash, joining Jeff Bezos among tech billionaires buying venerable print publications.The move thrusts the brash 53-year-old entrepreneur, who helped lead the shift of software to... Continue reading at Advertising Age
[ Advertising Age | 2018-09-17 00:00:00 UTC ]
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Welcome to Ad Age's Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device. Search for "Ad Age" under "Skills" in the Alexa app. What people are talking about today: Time magazine is getting new... Continue reading at Advertising Age
[ Advertising Age | 2018-09-17 00:00:00 UTC ]
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After months of searching, Meredith Corporation has finally found a proper suitor for Time magazine. On Sunday, September 16, the company announced it has sold the legacy brand it acquired in January this year for $190 million in cash to Marc and Lynne Benioff. Marc Benioff is the founder,... Continue reading at Folio Magazine
[ Folio Magazine | 2018-09-17 00:00:00 UTC ]
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SAGE has acquired technology start-up Lean Library and its associated products, for an undisclosed sum. Continue reading at The Bookseller
[ The Bookseller | 2018-09-13 00:00:00 UTC ]
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Across the capital and across the country, booksellers reported brisk sales of Bob Woodward’s 'Fear' on its first day on the shelves. B&N called it the fastest selling adult title in three years. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-09-12 00:00:00 UTC ]
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Just in time for New York Fashion Week (Sept. 6-14), Elle, the venerable women's fashion magazine published in the U.S. and more than a dozen other countries by Hearst, is taking to the streets to promote its brand with a new tagline."So Elle" will be the message plastered across entire... Continue reading at Advertising Age
[ Advertising Age | 2018-09-04 00:00:00 UTC ]
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Multimedia publisher OWN IT! has launched a literary agency arm, signing author Courttia Newland as its first client. Continue reading at The Bookseller
[ The Bookseller | 2018-08-30 00:00:00 UTC ]
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Penguin Random House Children’s has sold Charlie Changes Into a Chicken, the debut children’s book by literary agent Sam Copeland, in 17 languages. Continue reading at The Bookseller
[ The Bookseller | 2018-08-30 00:00:00 UTC ]
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