Elon Musk takes over Twitter and fires several top executives, including CEO Parag Agrawal, CFO Ned Segal, and policy head Vijaya Gadde
Musk's $44 billion deal to acquire the social media company closed on Thursday night — Elon Musk became Twitter's owner late Thursday …
Source: Elon Musk plans to become Twitter CEO, but may cede the role, and reverse lifetime bans, including eventually for Donald Trump
Elon Musk plans to assume the role of chief executive officer at Twitter Inc. after completing his $44 billion acquisition, taking the helm …
Elon Musk takes Twitter private, merging the company with X Holdings, delisting from NYSE, dissolving the board, and moving to cash-based employee compensation
The social media company went public in 2013. But Elon Musk is taking it private as part of his acquisition of the firm.
Elon Musk pens an open letter to calm Twitter advertisers, arguing his goal is not “to make more money” and the service “cannot become a free-for-all hellscape”
Here's What He's Said In The Past Stephanie Stacey / Insider : Right-wing pundits and Russian state media were duped by a fake Trump press release hailing his imminent return to Twitter Alex Barinka /...
Apple reports record Q4 revenue up 8% YoY to $90.1B, net income up 1% YoY to $20.7B, and annual revenue up 8% YoY to $394.3B; stock is up 6%+
September quarter record for Revenue and EPS — Active installed base of devices reaches all-time high for all major product categories
Sources: Elon Musk asked Tesla engineers to meet with Twitter product leaders to review code, which Twitter can no longer change until the deal closes
Bloomberg :
“Welcome to hell, Elon”: Musk won't be able to grow Twitter users and revenue without compromises and realizing that content moderation is the main product
You break it, you buy it. … Twitter is a disaster clown car company that is successful despite itself …
Amazon reports Q3 advertising services revenue grew 25% YoY to $9.55B, vs. $9.48B est., and subscription services revenue grew 9% YoY to $8.9B
- Amazon reported third-quarter results on Thursday that missed analysts' estimates. — It also gave a disappointing sales forecast for the fourth quarter.
Analysis: with Elon Musk cleaning out Twitter's executive ranks, CEO Parag Agrawal is eligible to receive ~$50M, CFO Ned Segal $37M, and Vijaya Gadde $17M
Anders Melin / Bloomberg :
Apple says it has awarded researchers ~$20M total, including 20 rewards of $100K+ each for high-impact issues, since opening its bug bounty in December 2019
Along with announcing its new Lockdown Mode feature this past summer, the company mentioned an upgraded bounty program, a donation to fund ethical security research, and more.
Meta, which hit a $1T market cap in June 2021, is no longer among the 20 most valuable US companies, after losing $730B+ in value since its September 2021 peak
- Last year, Facebook was among the five most valuable U.S. companies, with a market cap over $1 trillion. Now the company is worth about $270 billion.
Apple Q4 revenue: iPhone up 9.67% YoY to $42.63B, iPad down 13.06% YoY to $7.17B, Other Products up 9.85% YoY to $9.65B, and Services up 4.98% YoY to $19.19B
- Apple reported fiscal fourth-quarter earnings on Thursday that beat Wall Street expectations on revenue and earnings per share.
Since its NYSE debut in November 2013, Twitter stock has grown 8.4% annually on average, below the S&P 500's 11% and Nasdaq 100's 15%, due to slow user growth
for Now — Elon Musk has seen the light on advertising … Barron's Online : Elon Musk Takes Over Twitter. He's Already Making Big Moves. Tweets: Steven Russolillo / @srussolillo : The final grade on T...
Apple reports a record $11.5B in Mac revenue for Q4, up 25% YoY, and sets “a quarterly record for upgraders”, but expects a YoY decline in Q1 2023
Andrew Orr / AppleInsider :
Amazon reports Q3 revenue up 15% YoY to $127.1B, net income down 9% YoY to $2.9B, and AWS revenue up 27% YoY to $20.5B; the stock drops 10%+ on weak Q4 guidance
Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2022.
Elon Musk changes his Twitter bio to “Chief Twit” and visits the company's San Francisco office; Twitter tells staff they'll “hear directly from him on Friday”
Responding to user feedback, YouTube splits video content into three tabs on channel pages: Videos, Shorts, and Live
YouTube is rolling out a change impacting how videos appear on its platform. The company today announced a redesign that now splits video content into three different tabs …
Joe Belfiore, who has been Microsoft's VP of Office Group for the past two years and with the company for 32 years, has announced his retirement
Joe Belfiore, who has been the Corporate Vice President of Microsoft's Office Group for the past two years and with the company in various roles for 32 years, has announced his retirement.
A look at the ongoing Qualcomm-Arm legal dispute, as Qualcomm claims Arm plans to stop licensing its CPUs to semiconductor companies after 2024
No More External GPU, NPU, or ISP's Allowed In Arm-Based SOCs — The Qualcomm-Arm saga is epic and there is a new massive update in the case.
Twitter tests a blockchain-agnostic tool for displaying NFTs in tweets with “select users” in partnership with Dapper Labs, Magic Eden, Rarible, and Jump.trade
Social media platform Twitter today announced that it will let users buy, sell, and display NFTs directly through tweets in partnership with four marketplaces.
Meta's stock closes down 24.56% at $97.94, its lowest price since 2016, after Mark Zuckerberg reiterated his commitment to spending billions on the metaverse
AI art sparks backlash from Japan's anime community, which some see as rooted in fans' deep loyalty to artists and lenient copyright and data-scraping laws
by @decka227 Corey Pein / @coreypein : Maybe not in every country, but it seems like existing copyright law could be interpreted to require a commercial AI project to seek permission from artists befo...
India says it will set up a Grievance Appellate Committee with the veto power to reverse the content moderation decisions of social media companies
Manish Singh / TechCrunch :
Despite climate pledges by US tech giants, Greenpeace finds key supplies for Amazon, Microsoft, Google, HP, and others remain deeply reliant on fossil fuels
Bloomberg :
Earnings from Amazon, Microsoft, Meta, Alphabet, Intel, and others signal boom times are over, as inflation, lower demand, and interest rates weigh on results
Meghan Bobrowsky / Wall Street Journal :
Android trojan Drinik targets users of 18 Indian banks, masquerading as the country's official tax management app to steal personal data and banking credentials
Bill Toulas / BleepingComputer :
Intel reports Q3 revenue down 15% YoY to $15.34B, vs. $15.25B est., Datacenter and AI revenue down 27% YoY to $4.21B, and ~$10B in cost cutting over three years
Jordan Novet / CNBC :
Twitter confirms it shut down its Ticketed Spaces test indefinitely before Elon Musk's takeover of the company
Kaya Yurieff / The Information : Tweets: @jakuuire and @kyurieff Tweets: Joseph-Albert / @jakuuire : Was anybody using this? Was saying earlier that Twitter looks a bit unfocused somethings with its ...
Global smartphone shipments fell 12% YoY to 301M units in Q3 2022, the lowest Q3 level since 2014; Apple was the only top-five brand to grow YoY, up 2%
Harmeet Singh Walia / Counterpoint Research :
Sources: Xiaomi quietly discontinues its Mi Pay and Mi Credit financial services apps in India after three years
TechCrunch :
Q&A with Stack Overflow CEO Prashanth Chandrasekar on running the company, growing a SaaS business, content moderation, community satisfaction, Web3, and more
Nilay Patel / The Verge : Tweets: @reckless Tweets: Nilay Patel / @reckless : Talked to Stack Overflow CEO @pchandrasekar on Decoder about how the company works, how he thinks about community, and wh...
YouTube opens a verification program for licensed health care professionals, adding panels to videos that mark them as reliable sources of health information
Nicole Wetsman / The Verge :
Classera, a San Francisco-based edtech startup focused on the Middle East and Africa, raised a $40M Series A led by Sanabil, which is run by Saudi Arabia's PIF
Yousef Saba / Reuters : Tweets: @frankcatalano Tweets: Frank Catalano / @frankcatalano : Classera said “proceeds would be used to continue developing its Learning Super Platform (LSP) for the educati...
Spotify updates its iOS app to remove audiobook purchasing instructions, replaced with a message saying “it's not ideal”, to comply with Apple's App Store rules
A federal jury in Detroit ordered Ford to pay Versata Software $104.6M for breach of a 2004 licensing contract and misuse of trade secrets; Ford plans to appeal
Jonathan Stempel / Reuters :
Pinterest reports Q3 revenue up 8% YoY to $684.6M, vs. $666.7M est., global MAUs flat YoY at 445M, vs. 437.4M est., and a $65.2M net loss
Source: Snapchat now pays creators using its TikTok clone Spotlight millions per year collectively, down from millions per week in 2021 and $1M per day in 2020
again See also Mediagazer
London-based buy now, pay later startup Tymit raised a £23M Series A led by luxury retailer Frasers Group to launch its installment program for merchants
Eric Johansson / Verdict :
NYC-based OpenWeb, which helps outlets target readers with ads and manage comments, raised a $170M Series F at a $1.5B valuation, up from $1B+ in November 2021
Source: Google and Amazon struck a deal in recent months that lets Amazon work with manufacturers like TCL, which also makes Android TVs and phones, and Xiaomi
UserTesting, which helps software companies assess user engagement, agrees to sell to private equity firms Thoma Bravo and Sunstone for ~$1.3B; stock jumps 90%+
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.