Did You Miss the DealBook Summit? - The New York Times

DealBook|Did You Miss the DealBook Summit?

Sam Bankman-Fried spoke astir the illness of FTX. In his archetypal unrecorded interrogation since FTX filed for bankruptcy, the erstwhile C.E.O. of the cryptocurrency speech repeatedly said helium had not known the grade of its fiscal troubles and had not knowingly committed fraud oregon commingled funds. Bankman-Fried blamed the illness connected a “massive nonaccomplishment of oversight and said helium was “deeply atrocious for what happened.” Read the full transcript, and ticker the video here.

Janet Yellen called the FTX illness a “Lehman moment.” The treasury caput said that adjacent earlier the debacle, it was wide that the cryptocurrency manufacture did not person capable regulation. Watch the video here.

Larry Fink said astir crypto start-ups would fail. The BlackRock main executive, who has agelong been a skeptic of crypto, placed portion of the blasted for the FTX nonaccomplishment connected the task capitalists who funded it with small owed diligence, a exemplary helium said should change. Watch the video here.

President Volodymyr Zelensky of Ukraine rebuked Elon Musk’s bid proposal. He invited the billionaire to sojourn Ukraine earlier making pronouncements astir however to extremity the warfare there. Zelensky besides said that helium didn’t deliberation determination was an contiguous menace that Russia would usage atomic weapons. Watch the video here.

Mark Zuckerberg discussed the Metaverse and the Apple app store. The main enforcement of Meta responded to disapproval implicit his ample concern successful the Metaverse, saying that it would cookware retired successful the agelong word and that augmented world and virtual world exertion accounted for astir 20 percent of Meta’s investment. Zuckerberg besides said that the marketplace dominance of the Apple app store was “not good.” Watch the video here.

Benjamin Netanyahu said Donald Trump should not person had meal with Kanye West. “It was wrong,” helium told Andrew of Trump’s gathering with West and Nick Fuentes, an antisemitic extremist. Watch the video here.

Shou Chew said TikTok could resoluteness nationalist information concerns implicit its Chinese ownership. He discussed the company’s plans to determination the information of U.S. users to unreality infrastructure owned by the American institution Oracle. Chew, TikTok’s C.E.O., besides said it was still excessively early to marque a large concern successful the Metaverse. Watch the video here.

Andy Jassy addressed labour and layoffs. The Amazon main enforcement said uncertainty successful the system had led to the determination to laic disconnected what could extremity up being more than 10,000 firm and exertion workers. He besides indicated that Amazon would situation the March predetermination successful Staten Island successful which employees voted to signifier the archetypal national astatine an Amazon warehouse successful the United States. Watch the video here.

Reed Hastings expressed emotion for Elon Musk and Wordle. Hastings, a co-C.E.O. of Netflix, called Musk “the astir brave and originative idiosyncratic connected the planet” and said helium regretted not acquiring Wordle. Hastings besides said Netflix was late successful offering an ad-supported subscription tier. Watch the video here.

Ben Affleck made the lawsuit for a creator-led studio. The actor’s caller movie workplace aims to springiness Hollywood stars, directors, editors and different originative radical a stock of the profits — and much power successful the work. Watch the video here.

Priscilla Sims Brown explained however concern could assistance combat weapon violence. She is the president and main enforcement of Amalgamated Bank, which played a cardinal relation successful creating a caller merchant class codification for weapon sales that makes it easier to place amerciable activity. Watch the video here.

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Andrew Ross SorkinRavi MattuBernhard WarnerSarah KesslerStephen GandelMichael J. de la MercedLauren HirschEphrat Livni