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Steve Jobs’ old Birkenstocks sell for nearly $220,000

‘Well-worn’ German sandals owned by Apple co-founder set record at auction Steve Jobs left an indelible footprint on the technology industry. Now, a different kind of legacy – in the form of a “well-used” pair of Birkenstocks that still retain his feet’s imprints – has fetched a record-breaking price at auction. A suede pair of …

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Major investor calls on Google owner to ‘aggressively’ cut staff and pay

Hedge fund owned by Christopher Hohn urges Alphabet to emulate cost-cutting measures of Silicon Valley rivals The hedge fund of the billionaire Sir Christopher Hohn has written to Alphabet saying staff at the Google and YouTube parent are paid too much and its workforce should be drastically cut back. London-based TCI, which has been a …

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Inspirational passion or paid-for promotion: can BookTok be taken on face value?

TikTok’s book reviewing community is here to stay, having even received publishing awards for innovation, but issues of authenticity and safety abound BookTok, the nickname for TikTok videos in which books are discussed, analysed, cried about and turned into “aesthetic” moodboards, began as a small group of the app’s users who wanted a place to …

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Why were so many smart people so dumb about FTX? Did they seriously just like Sam Bankman-Fried’s ‘vibe’?

The collapse of the cryptocurrency exchange will cost investors billions. But why would anyone give money to a man who plays video games in important meetings? Do you ever get the impression that the entire economy is an elaborate scheme and nobody in charge actually knows what the hell they’re doing? I’ve been getting that …

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UK Treasury joins chat app Discord and is met with torrent of abuse

Users on gamer-focused platform manage to respond to posts despite government blocking all comments The UK Treasury has opened an account on Discord to a torrent of abuse from users of the gamer-focused chat app – abuse they managed to send despite the government blocking all comments on the service. As Twitter’s future looks increasingly …

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Access All Areas review – brave family’s quest to change attitudes to disability

Charlotte Fantelli’s documentary about activist Simon Sansome and his wife is let down by clichés and embarrassing reconstruction scenes The intentions behind this documentary about disabled rights activist Simon Sansome and his wife, Kate, are noble, but the tacky, cliché-ridden execution doesn’t live up to them. Essentially, the film is built around one long interview …

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TechScape: Inside the $8bn FTX crypto scandal – and its real-world impact

Sam Bankman-Fried was what everyone wanted a crypto billionaire to be – until things began to go very, very wrong Don’t get TechScape delivered to your inbox? Sign up for the full article here Every week after I finish writing this newsletter, I think: “Next week I’ll try not to devote the whole email to …

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Sam Bankman-Fried was hailed as a crypto wonder child. What happened? | David Gerard

Bankman-Fried promoted himself as an eccentric genius. In reality, his image was a distraction from what was going on inside FTX Last Tuesday, FTX, the second-largest cryptocurrency exchange in the world, closed withdrawals, blaming “severe liquidity problems”. By Friday, FTX had filed for bankruptcy. After a stupendously profitable asset bubble in 2021, the cryptocurrency industry …

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China circles El Salvador’s economy as country edges toward crypto plunge

President Nayib Bukele bet on bitcoin and its tumbling value has put the Central American country in a financially precarious spot As crypto-Twitter cascaded with apocalyptic memes about the bankruptcy of cryptocurrency exchange FTX and the sharp drop in the bitcoin price, one account has remained notably silent on the topic. Unlike in previous crashes, …

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Crypto exchange FTX expects to have more than 1m creditors

Bankruptcy filing says ‘questions arose’ about founder Sam Bankman-Fried’s leadership The collapsed crypto exchange FTX expects to have more than 1 million individual creditors, the company has said in its first bankruptcy filing, scattered across more than 100 companies in the wider group. According to the filing at the bankruptcy court in the US state …

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