The announcement of Butterfield's departure comes less than a week after Salesforce said its co-CEO Brett Taylor would leave the company in January. Salesforce, which bought Slack last year, said Stewart Butterfield would be replaced by another Slack executive. The CEO and co-founder of Slack is leaving the company. Google didn't respond to a request for comment. Facebook at one point blocked news on its platform in Australia while legislation there was being debated, and it's threatened to do the same thing in Canada. On Monday, Meta's regional policy director said the proposal misunderstands the relationship between Facebook and news outlets. The New Zealand proposal is likely to set up a fight between the country's parliament and big tech firms. That's similar to the proposal in Canada and a law in Australia. The law would allow Google and Facebook to negotiate with publishers without government intervention, but if the sides can't reach a deal, the law would have a mandatory negotiating process. A proposed law there is aimed at encouraging platforms to reach deals with local news outlets. Now New Zealand says it wants to do the same. Zoe Thomas: Yesterday we told you about Canada's efforts to force social media companies to pay domestic news publishers for content. They were basically overvalued coins that Sam Bankman-Fried and his associates created. So what that means is that if you were a creditor or maybe you wanted to bail out FTX because FTX was going around asking for funds to help keep it operational, and you took a look at some of these assets on the balance sheet, you would quickly realize that you couldn't easily sell these tokens for as much as they were valued for. At one point one token was worth as much as $127 billion, but there was hardly any trading activity of users trading with these tokens. Bankman-Fried promoted these cryptocurrencies publicly. But according to documents viewed by the Wall Street Journal, the tokens were likely worth far less than Bankman-Fried claimed. And CEO Sam Bankman-Fried said FTX use the collateral to try and convince investors of the company's financial health. When the crypto exchange was struggling to raise cash early last month, it seized billions of dollars worth of collateral from its trading arm Alameda Research, mostly in the form of four crypto tokens. On today's show our personal tech columnist, Nicole Nguyen joins us to discuss the detailed personal insights that Spotify shares about its users and whether more companies should do the same. Its annual report on users listening habits, Spotify Wrapped, lights up social media as people share what the service knows about them. A lot of us worry about how much tech companies really know about us, but at the end of each year, the streaming service Spotify makes many of us question whether that data exchange is such a bad thing. I'm Zoe Thomas for the Wall Street Journal. Zoe Thomas: This is your Tech News Briefing for Tuesday, December 6th. This version may not be in its final form and may be updated. This transcript was prepared by a transcription service.
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