Docs: if Elon Musk buys Twitter, he plans to cut nearly 75% of staff; otherwise, Twitter aims to cut payroll by ~$800M by the end of 2023, ousting ~25% of staff
Previously unreported details shed new light on Twitter's motivations for selling the company — and Elon Musk's plans to transform it
YouTube announces YouTube Premium's first major price hike, increasing the family plan from $17.99/month to $22.99/month, or $29.99/month in the App Store
YouTube Premium is getting its first major price hike as the service will now charge $22.99 per month for its family plan.
Sources: White House is weighing subjecting some Musk ventures, including the Twitter deal and Starlink, to national security reviews; Twitter stock is down 5%+
Biden administration officials are discussing whether the US should subject some of Elon Musk's ventures to national security reviews …
Documents: a China-based ByteDance audit and risk control team planned to collect TikTok location data of specific US citizens never employed by the company
The project, assigned to a Beijing-led team, would have involved accessing location data from some U.S. users' devices without their knowledge or consent.
Apple's VP of industrial design Evans Hankey is leaving, after replacing Jony Ive in 2019; sources: Airbnb's VP of design Gary Butcher is returning to Apple
Apple Inc.'s head of hardware design, Evans Hankey, is leaving the iPhone maker three years after taking the role …
Amazon quietly shuts down Fabric.com, an online retailer of fabrics, trims, notions, and other supplies since 1999; Amazon acquired the company in 2008
Crafters, home sewists, and small businesses will soon lose a major online fabric source. … Since launching in the late '90s …
Microsoft publishes the first Windows Subsystem for Android roadmap, including Android 13, file transfer support, picture-in-picture, and local network access
Microsoft has been rolling out several updates for the Windows Subsystem for Android on Windows 11.
Memo: Twitter told staff that there haven't been plans for companywide layoffs since it signed a deal with Elon Musk, and that it can't confirm Musk's plans
Twitter Inc., confronting reports that Elon Musk aims to gut its workforce as part of his takeover, told staff that there haven't been plans …
Sources: Twitter and Elon Musk are preparing for his buyout to be completed by the October 28 court-issued deadline, thanks to a breakthrough between both sides
Advisers to Twitter Inc. and Elon Musk are hard at work trying to get the $44 billion deal closed by the end of the month, according to people familiar with the matter.
Snap reports Q3 revenue up 6% YoY to $1.13B, vs. $ 1.14B est., DAUs up 19% YoY to 363M, vs. 358.2M est., a $360M net loss, up from $72M YoY; stock is down 25%+
Jonathan Vanian / CNBC :
Apple sues Masimo, says the medical tech company “carefully studied Apple's IP” during its patent-infringement suit against Apple in order to make its W1 watch
Apple Inc sued medical technology company Masimo Corp in Delaware federal court on Thursday, accusing its new W1 line …
Meta adds Reels to Facebook Groups, and says that most Facebook users are members of at least 15 active groups and there are 100M+ “group joins” every day
Telegram will launch auctions for its usernames via TON blockchain, following a TON auction for wallet usernames, some of which sold for $200K+
- The Telegram messaging app is soon to launch a username auction platform. — Other elements of the Telegram ecosystem, including channels …
Texas' AG sues Google for allegedly using Photos, Assistant, and Nest features to collect facial- and voice-recognition data without seeking users' full consent
Miles Kruppa / Wall Street Journal :
DeFi proponents criticize Sam Bankman-Fried for a regulatory proposal suggesting websites facilitating trading on decentralized exchanges should be regulated
I probably am wrong about some! But in the end the most important thing is to keep commerce and expression free. Scott / @scott_lew_is : now is the time to get loud and fight Dave Friedman / @friedman...
Microsoft confirms some customer data was exposed due to a server configuration error but says SOCRadar exaggerated by claiming 65K+ companies were affected
Kyle Alspach / Protocol :
Google now lets users disable targeted ads without breaking useful features by having to turn off settings like Web & App Activity and YouTube History
Online advertising doesn't need to be confusing or out of your control. Sofia Wyciślik-Wilson / BetaNews : Google launches My Ad Center to give you more control over the ads you see Chris Stokel-Walke...
AdGuard: EasyList, a community-run filter list used by popular ad blockers, is being throttled by the YuZu browser; many ad blockers cannot download updates
Access to popular filter list is being throttled — Audio player loading... EasyList has been hit with a burst of highly unusual traffic …
Meta's Oversight Board says that as of October, it can make binding decisions to apply a warning screen when “leaving up or restoring qualifying content”
Chavi Mehta / Reuters :
Sources: Instacart decided to delay its highly anticipated IPO to 2023 as the current stock market is too volatile; the company filed for an IPO earlier in 2022
Dan Primack / Axios :
Mailchimp CEO Ben Chestnut stepped down in August 2022 after sending an email saying that staff announcing their pronouns in meetings “does more harm than good”
even coercive. Read it in full: https://www.platformer.news/ ... James DePorre / @revshark : I think he had a good point. https://twitter.com/...
Sources: Paris-based BeReal closed a $60M Series B earlier in 2022 at a ~$600M valuation; source: the photo-sharing app has ~20M DAUs, up from 7.9M in July 2022
TechCrunch :
Sources: the Biden administration is exploring the possibility of new export controls that would limit China's access to quantum computing tech and AI software
Bloomberg :
Sources: senior Stripe executives asked managers to restart giving lower ratings on performance reviews to 10% to 15% of staff, to prune the company's workforce
India fines Google $161.9M for requiring Android device makers to pre-install its entire Google Mobile Suite and mandating the prominent placement of those apps
CoinGecko: the Aptos token fell 40.5% on its first day of trading; Aptos' Layer 1 blockchain was panned for opaque tokenomics and a low transaction throughput
Sources: OpenAI is in advanced talks to raise more funding from Microsoft, after a 2021 raise at an implied ~$20B valuation from Sequoia, Tiger, a16z, others
The Information :
Snap adds new features to its $4/month Snapchat+ subscription service, including Story Expiration controls, custom notification sounds, and camera color borders
Shopify's new AI commerce stack
Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.