The top 20 tech billionaires globally have lost $480B+ on paper in the past year; Mark Zuckerberg’s wealth drops by $87B+, Elon Musk and Jeff Bezos by $58B+ (Alyssa Lukpat/Wall Street Journal)

Brian Fung / CNN:
Jeff Bezos says he plans to give away the majority of his $124B net worth, but offers few specifics; Bezos has been criticized for not signing the Giving Pledge  —  Exclusive: Amazon founder Jeff Bezos says he’ll give away his wealth  —  Twitter users are flocking to Mastodon.  What is it?

Dave Michaels / Wall Street Journal:
The FTC says Jeff Bezos and Andy Jassy cannot avoid testifying in an ongoing investigation into Prime membership, after Amazon pushed back against the probe  —  Commissioners deny company’s request to quash subpoenas and pare back investigation  —  Amazon vs. Walmart: How the Giants Look to Each Other to Best Each Other

Bill Toulas / BleepingComputer:
Researchers find 75 apps on Google Play and 10 on Apple’s App Store that engaged in ad fraud, collectively had 13M installs, and have since been removed  —  Security researchers have discovered 75 applications on Google Play and another ten on Apple’s App Store engaged in ad fraud.

Reuters:
Sources detail FTX’s rise and fall: CZ’s ~$100M investment in 2019, deteriorating relationship with Binance, significant losses at Alameda in 2022, and more  —  Nov 10 (Reuters) – (This story contains language some readers may find offensive in paragraph 2)

Jacob Silverman / New Republic:
A profile of venture capitalist and former PayPal COO David Sacks, who is using his wealth and online clout to lead a reactionary movement against liberalism  —  Last month, Chesa Boudin, the former district attorney of San Francisco, spoke with the leftist podcaster and political commentator Katie Halper …

Connie Loizos / TechCrunch:
Cloudflare says Greylock, Bessemer, and other VC firms have collectively offered to invest up to $1.25B in startups that use its serverless computing platform  —  Cloudflare, the security, performance and reliability company that went public three years ago, said this morning …