The Morning After: Disgraced FTX founder Sam Bankman-Fried started a newsletter

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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Lonely Planet co-founder: 'The first book was an accident'

Launched in the 1970s, the travel empire preempted the gap year trend. Today Tony Wheeler is working on five books and is still an avid travellerTony and Maureen Wheeler co-founded Lonely Planet in 1973 after the couple travelled overland from London to Australia. The travel publisher, which has... Continue reading at The Guardian

[ The Guardian | 2017-02-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #travel publisher #bbc worldwide


PubTech Connect: Meet Jay Lauf of Atlantic Media and Sam Olstein of GE, Pioneers Who Revitalize Legacy Brands

Through disruptive thinking, Jay Lauf and Sam Olstein have taken two of America's oldest brands to the forefront of media Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-02-24 00:00:00 UTC ]
More news stories like this | News stories tagged with: #atlantic media #pubtech connect #jay lauf


Preface founder Trevor Dolby to retire

Trevor Dolby, founder and publisher for Cornerstone imprint Preface, is to retire in the autumn.  Continue reading at The Bookseller

[ The Bookseller | 2017-02-22 00:00:00 UTC ]
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For Librarians, 2017 Is Off to a Rough Start

Low attendance at ALA Midwinter, and thorny questions about the fate of libraries under Trump. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-27 00:00:00 UTC ]
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A Cold Start to the Year for Poland’s Publishers: Waiting for Regulatory Help

In Poland, publishing stakeholders stay the need for protective regulation—liked fixed book prices—and IP protection are needed to curb declining book sales. The post A Cold Start to the Year for Poland’s Publishers: Waiting for Regulatory Help appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2017-01-19 00:00:00 UTC ]
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Best of the week: Publishers weigh in on mid-roll Facebook ads and earlier start times

A roundup of some of our best stories this week: We spoke with publishers about reports that Facebook will start showing ads in the middle of videos. And we spoke with publishers who insist their reporters get an earlier start to their days. Publishers have also found a way to frack more traffic... Continue reading at Digiday

[ Digiday | 2017-01-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #publishers weigh #moment -- #media equation #holding companies #clients alike #downward spiral


Bertelsmann acquires Indian analytics start-up Ramyam

Bertelsmann division Arvato has acquired India-based IT analytics start-up Ramyam to expand its footprint in India. Continue reading at The Bookseller

[ The Bookseller | 2017-01-12 00:00:00 UTC ]
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Future House Publishing: A Young Press Off to a Bright Start

After only two years of publishing, Utah’s Future House Publishing has seen a fair amount of success. Continue reading at Publishers Weekly

[ Publishers Weekly | 2017-01-10 00:00:00 UTC ]
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Milo Yiannopoulos peddles hate. It’s not censorship to refuse to publish it | Sam Sedgman

Defenders of free speech are misguided in championing his cause. Reasoned debate will never arise from his utterances – and others will be scared into silenceA coalition of free speech organisations rallied together last week to defend Simon & Schuster’s choice to publish professional... Continue reading at The Guardian

[ The Guardian | 2017-01-09 00:00:00 UTC ]
More news stories like this | News stories tagged with: #free speech #chilling effect #greater success


Barefoot Books co-founder Strickland retires

Tessa Strickland, the co-founder and editor-in-chief of Barefoot Books, is retiring at the end of the year. Continue reading at The Bookseller

[ The Bookseller | 2016-12-17 00:00:00 UTC ]
More news stories like this | News stories tagged with: #barefoot books


Mendeley co-founder Jan Reichelt leaves Elsevier

Jan Reichelt, co-founder and managing director of Mendeley, now part of Elsevier, has left the company "to pursue other interests".  Continue reading at The Bookseller

[ The Bookseller | 2016-12-15 00:00:00 UTC ]
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Delay to Libraries Taskforce report 'a disgrace'

Library campaigners have expressed their intense frustration at the continued non-appearance of the Libraries Taskforce's Ambition report on a national strategy for England's public libraries. Continue reading at The Bookseller

[ The Bookseller | 2016-11-30 00:00:00 UTC ]
More news stories like this | News stories tagged with: #library campaigners #libraries taskforce #national strategy #public libraries


Six start-ups shortlisted for EdTech pitch-off

Start-ups behind the world’s largest video library for education, an online classroom wall, and an online tutoring resource, are among the six businesses that will take part in a live pitch off at the EdTech for Publishers Conference. Continue reading at The Bookseller

[ The Bookseller | 2016-11-27 00:00:00 UTC ]
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Email newsletters have a measurement problem

Publishers are going crazy for newsletters as a defense against Facebook. But the medium has a measurement problem. Advertisers like their audiences, but the lack of independent audit holds them back as an ad vehicle. "I don’t believe [publishers] overtly lie," said Digital Surgeons' Pete Sena,... Continue reading at Digiday

[ Digiday | 2016-11-21 00:00:00 UTC ]
More news stories like this | News stories tagged with: #email newsletters #measurement problem


PRH Starts Student Loan Repayment Program

Officially called the Penguin Random House Student Loan Repayment Assistance Program, the new employee benefit will repay up to $1,200 annually of student loan debt for employees who have been with the company for at least one year. Continue reading at Publishers Weekly

[ Publishers Weekly | 2016-11-14 00:00:00 UTC ]
More news stories like this | News stories tagged with: #officially called


Wired, with other Conde Nast tech publications, starts a $4,000-a-year-membership program

In the quest for new sources of revenue, publishers have been launching subscription programs and events series. Condé Nast's Wired Media Group is going a step further with a membership program for executives who want to keep up with technology. The $4,000-a-year program blends events, content... Continue reading at Digiday

[ Digiday | 2016-11-03 00:00:00 UTC ]
More news stories like this | News stories tagged with: #revenue streams #membership program


ALLi founder Orna Ross wins best novel award

Orna Ross, the director of the Alliance of Independent Authors (ALLi), has won the best novel award at the inaugural Carousel-Aware Prize (CAP) for independent publishing. Continue reading at The Bookseller

[ The Bookseller | 2016-11-02 00:00:00 UTC ]
More news stories like this | News stories tagged with: #orna ross #independent publishing


Pavilion signs 'ingredients bible' by Planet Organic founder

Pavilion Books has signed the "definitive" guide to healthy eating by the founder of organic supermarket Planet Organic, Renée Elliott. Continue reading at The Bookseller

[ The Bookseller | 2016-10-26 00:00:00 UTC ]
More news stories like this | News stories tagged with: #pavilion signs #pavilion books #healthy eating


Egmont to publish Sam Hay picture book text

Egmont Publishing has acquired world rights to a second picture book text by Sam Hay, author of Do Not Wash This Bear. Continue reading at The Bookseller

[ The Bookseller | 2016-10-22 00:00:00 UTC ]
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DCMS to investigate 'disgraceful' Lancashire library cuts

The government is to investigate plans by Lancashire County Council to close 21 libraries in a move which has been slammed as "disgraceful" by campaigners. Continue reading at The Bookseller

[ The Bookseller | 2016-10-11 00:00:00 UTC ]
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