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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Anthony Bourdain Invested in This Website After Founder Sent Him a Drunken Email

Among the many ways for a business to raise capital these days, sending a drunken e-mail to Anthony Bourdain probably isn't the most fruitful strategy. But it worked for Roads & Kingdoms, a burgeoning web magazine offering an eclectic mix of food, politics, and travel fare."It was like a... Continue reading at Advertising Age

[ Advertising Age | 2015-05-27 00:00:00 UTC ]
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BEA 2015: A Promising, 'Weird' Start

Despite uncertainty about how big a draw an afternoon opening would be, a line had already formed more than an hour before the one o'clock opening of the show floor. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-27 00:00:00 UTC ]
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Why some media newsletters aren’t designed for clicks

Email newsletters are increasingly popular as a way for readers to cut through the online clutter. That trend has given rise to newsletters that are designed to be read entirely in email. These products, say publishers including Quartz and Ozy, are based on the counterintuitive idea that the end... Continue reading at Digiday

[ Digiday | 2015-05-26 00:00:00 UTC ]
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Skyhorse Starts Investigative Book Imprint

Skyhorse Publishing and David Talbot, founder of Salon, are teaming to launch a new imprint, Hot Books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-26 00:00:00 UTC ]
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Publishers are Treating Email Newsletters as a Platform of its Own

Publishers are scrambling to figure out their platform-publishing strategies, eyeing opportunities on Facebook, Snapchat and beyond.   But many are already treating email newsletters, often used a way to lure people back to publishing sites, as ... Continue reading at Editor & Publisher

[ Editor & Publisher | 2015-05-26 00:00:00 UTC ]
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Good Start for HMH Trade

Sales in Houghton Mifflin Harcourt’s trade division rose 5% in the first quarter ended March 31, 2105 over the first quarter of 2014 and the loss was trimmed. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-07 00:00:00 UTC ]
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Founder Buys Back FastPencil

Courier Corp. has sold its self-publishing unit, FastPencil, back to company cofounder Steve Wilson. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-05-06 00:00:00 UTC ]
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eBay founder Pierre Omidyar is Hawaii's richest person, Forbes says

Pierre Omidyar, founder and chairman of eBay, who lives in Honolulu and has a net worth of $8.1 billion, is the richest person in Hawaii, according to Forbes magazine. The 47-year-old billionaire Hawaii resident, who also is a co-founder of Honolulu Civil Beat, ranks No. 168 on the 2015... Continue reading at Silicon Valley Business Journal

[ Silicon Valley Business Journal | 2015-04-30 00:00:00 UTC ]
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MH Abrams, Norton anthology founder, influential critic, dead at age 102

Esteemed critic, teacher and tastemaker helped shape the modern literary canon and wrote one of the 20th century’s most acclaimed works of criticismMH Abrams, an esteemed critic and teacher who helped shape the modern literary canon as founding editor of the Norton Anthology of English... Continue reading at The Guardian

[ The Guardian | 2015-04-23 00:00:00 UTC ]
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Hearst’s new platform approach: ‘You have to get it right at the start.’

The platform approach has become a favorite tactic of publishers in the quest for scale. But while multi-title publishers Time Inc. and Condé Nast are cautiously rolling out platforms at an individual brand level, Hearst is taking a shortcut to scale. Hearst has created a centralized contributor... Continue reading at Digiday

[ Digiday | 2015-04-15 00:00:00 UTC ]
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Runaway Father, Bitter Son: PW Talks with Sam Keen and Gifford Keen

'Fire in the Belly' author Sam Keen urged men to embrace an ideal of fatherhood, but had walked out on his family. A new book shows how Keen and his son dug out the roots of their conflict and buried the hatchet. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-04-03 00:00:00 UTC ]
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UK reprint for Eat. Nourish. Glow. after Sam Smith plug

HarperCollins is reprinting 150,000 copies of Amelia Freer's Eat. Nourish. Glow., after it was recommended by singer Sam Smith. Freer's book is one of the first to be released under the revamped Harper Thorsons list, dedicated to mind, body and spirit. It was published in print and digital on... Continue reading at The Bookseller

[ The Bookseller | 2015-04-01 00:00:00 UTC ]
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Library task force starts work

A new task force for libraries, which met for the first time last week, will focus its attention on sharing best practice between councils, promoting the role of digital and shaping a workforce for the future. One of the key aims of the Leadership for Libraries task force will be to highlight... Continue reading at The Bookseller

[ The Bookseller | 2015-03-17 00:00:00 UTC ]
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Jean Vanier, L’Arche Founder, Wins Templeton Prize

Jean Vanier, who pioneered inclusive communities for the disabled who were previously isolated and institutionalized, has won the $1.7 million Templeton Prize. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-11 00:00:00 UTC ]
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Facebook's Most-Shared Publisher to Start Paying Its Quiz Makers

Even if you've never heard of PlayBuzz, you've probably come across its end product. Its platform is behind such Facebook quizzes as "Which Disney Mom Are You?" and lists like "18 Photos That Prove That Online Dating Is Terrifying." The company, thanks to the virality of such content, has become... Continue reading at Advertising Age

[ Advertising Age | 2015-02-25 00:00:00 UTC ]
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Pan Mac starts sports list with two titles

Pan Macmillan has acquired the first titles for its new sports list. Non-fiction Publisher Robin Harvie acquired UK and Commonwealth rights to Daniel Friebe’s The Best There Never Was from David Luxton Associates. Friebe’s book will be the “definitive” biography of Jan Ullrich, who alongside... Continue reading at The Bookseller

[ The Bookseller | 2015-02-21 00:00:00 UTC ]
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Uncle Sam and the Illusion of Privacy Online

The U.S. government doubled its requests for Twitter user information in late 2014 compared with the year before. Most of the time, the publishing platform gave officials what they wanted. Continue reading at The Atlantic

[ The Atlantic | 2015-02-10 00:00:00 UTC ]
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Jewish online magazine starts charging commenters to deter 'offenders'

Tablet says charge of $2 a day is not aimed at making money, but at creating ‘a more pleasant and cultivated environment’ for its readersDealing with “toxic” commenters is a problem faced by many websites – and must be a particular problem for faith-based publishers. US-based Tablet, which... Continue reading at The Guardian

[ The Guardian | 2015-02-10 00:00:00 UTC ]
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Car Brands Are Starting to Get the Marketing Data They've Always Wanted

The car industry isn't slowing down when it comes to employing more data for everything from vehicle malfunctions to marketing. In fact, in terms of digital advertising, the category looks like it's putting the pedal to the metal, as tech vendors, publishers and other players increasingly roll... Continue reading at AdWeek

[ AdWeek | 2015-02-04 00:00:00 UTC ]
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Founders of Electric Lit; Black Balloon Launch New Publishing Venture

Catapult will launch in fall 2015, with Padgett Powell's story collection, 'Cries for Help, Various.' Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-03 00:00:00 UTC ]
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