Sources: Twitter froze some staff access to content moderation and policy enforcement tools, raising worries about a misinformation spike before the US midterms
Twitter Inc., the social network being overhauled by new owner Elon Musk, has frozen some employee access to internal tools used …
Sources: Elon Musk asks trusted staff from his other companies, including 50+ from Tesla, two from Boring Company, and one from Neuralink, to help at Twitter
- Tesla CEO Elon Musk, now sole director and CEO of Twitter, is asking employees of the social network to redesign their subscription and verification systems within one week.
Elon Musk's plan to monetize Twitter verification would generate little revenue, even at $20/month, and could create myriad issues, including enabling spammers
Elon Musk's latest brainwave risks alienating the users Twitter depends on and would expose it to lawsuits.
Sources: Elon Musk told Twitter engineers to work on a Vine reboot that may be ready by the end of 2022; Twitter acquired Vine in 2012 and shut it down in 2016
Elon Musk has instructed Twitter engineers to work on a Vine reboot that could be ready by year end, multiple sources tell Axios.
SEC filing: Jack Dorsey rolled over his remaining 2.4% stake in Twitter, worth $1B+, into X Holdings, which Elon Musk didn't have to pay to acquire the company
- Dorsey left his second stint as CEO of Twitter last year. — A co-founder of the platform and friend of Musk, he's been supportive of the $44 billion takeover.
Sony reports PlayStation Plus subscribers declined to 45.4M in Q2, down from 47.3M in Q1, and PlayStation Network MAUs dropped to 102M in Q2 from 103M in Q1
PlayStation Plus subscribers have dropped by nearly 2 million users since the revamped service launched in June.
Elon Musk violated more contracts when he fired top Twitter executives, including Parag Agrawal, for “cause”, as they did not breach their employment agreements
Massive loss for Twitter. — Musk has been in NYC this week, meeting with advertisers https://twitter.com/...
Sony reports Q2 gaming revenue rose 12% YoY to $4.92B and ships 3.3M PS5 units, flat YoY, bringing total sales to 25M; software sales fell to 62.5M units
Steve Dent / Engadget :
Sources detail the twists and turns in Elon Musk's $44B Twitter takeover, starting in late March 2022, falling apart in July, and closing late on October 27
Financial Times :
Source: Elon Musk plans to lay off 25% of Twitter's 7,000+ staff in the coming days
Q&A with Amazon VP of Music Steve Boom on making its ~100M song library available to Prime users without ads, running the unit, music industry, labels, and more
Apple Music raised its rates. Will Amazon Music follow suit? … Steve Boom is the VP of Amazon Music, and he has a great name for the music business.
Sources: Twitter is planning to end the ability of Twitter Blue subscribers to access ad-free articles from hundreds of publishers
The move comes as the company's new owner, Tesla Chief Executive Elon Musk, makes sweeping changes from high-profile firings to product updates since closing the $44 billion deal last week.
YouTube rolls out Primetime Channels in the US, with shows and movies from 35 partners, including Paramount+ and Epix, and plans to add NBA League Pass soon
Streaming services are coming to YouTube. The company is rolling out a new feature called Primetime Channels that will bring shows …
Google rolls out Search shopping features to help users find deals, including copying coupon codes directly from results and side-by-side comparisons on mobile
Google's rolling out a handful of new shopping features that should make it easier to find good deals directly from search.
Uber reports Q3 revenue rose 72% YoY to $8.34B, beating $8.1B estimates; gross bookings rose 26% YoY to $29.1B, including $13.7B from Uber Eats; UBER jumps 15%+
Uber Technologies Inc. rose after reporting revenue that beat analysts' expectations as gains in ridership assuaged investor concerns …
Sources: Apple VP of Online Retail Anna Matthiasson is leaving the company, to be replaced by Karen Rasmussen; CIO Mary Demby is retiring after three decades
Apple Inc.'s top executives in charge of its online retail store and information-systems divisions are stepping down …
Inside Foxconn's Zhengzhou iPhone plant as the company uses harsh lockdown measures to try to contain a weekslong COVID-19 outbreak in a crucial ordering period
Military moving into the Chinese iPhone factory to reinforce lockdown. Zhengzhou City October 30th, 2022 https://twitter.com/... Dan Nystedt / @dnystedt : A Covid-19 outbreak at the world's biggest iP...
Uber tests showing ads for other companies in push notifications for its iOS app
Uber recently launched its new advertising division and in-app ads. Apparently, those ads aren't staying within the app. — Instead, ads from other companies are being sent out as push notifications...
Sources: Morgan Stanley and six banks plan to hold $12.7B in debt from Elon Musk's Twitter buyout until early 2023, pending a clearer business plan from Musk
Lenders concede they will struggle to drum up demand until Elon Musk unveils detailed strategy — Banks that lent $12.7bn … Tweets: @maxrothbarth Tweets: Oliver Rivers / @maxrothbarth : “We will be a...
Coinbase asks to file an amicus brief to back Ripple's case against the US SEC, which sued Ripple in 2020 for selling XRP as an allegedly unregistered security
Nikhilesh De / CoinDesk :
China releases its first VR plan, aiming for its domestic industry to ship over 25M devices by 2026; IDC says China shipped just over 500K VR devices in H1 2022
Josh Ye / Reuters :
Gartner forecasts public cloud spending will grow 20.7% to $591.8B in 2023, including SaaS spending up 16.8% to $195.2B and PaaS spending up 23.2% to $136.4B
Maria Deutscher / SiliconANGLE :
Google paused its in-app billing policy in India after the Competition Commission of India ruled not to restrict app developers from using third-party payments
Vikas SN / Moneycontrol :
London-based private equity firm Cinven plans to buy Iowa-based TaxAct, which makes online tax software, for ~$720M; Cinven has made five acquisitions in 2022
Paul Sawers / TechCrunch :
The Reserve Bank of India plans to begin testing its CBDC on November 1, with nine banks participating, and a retail version in select locations within a month
A look at video site Rumble, which has been on an upward trajectory since H2 2020, when right-wing star Dan Bongino moved from YouTube and took an equity stake
but now it's “the right-wing's go-to video site” https://www.theatlantic.com/ ... See also Mediagazer
After a slow start, Donald Trump's Truth Social has passed Gab, Parler, and other right-wing social media in unique visitors, largely due to Trump posting
New York Times : Tweets: @mattgoldstein26 and @risj_oxford Tweets: Matthew Goldstein / @mattgoldstein26 : Trump's Truth Social finds niche on the right even as Trump Media's SPAC deal is in doubt. Co...
A look at Eric Schmidt's push to profit from an AI cold war between the US and China; CB Insights: Schmidt took part in investing $2B+ in AI-focused companies
both to democracy and to his own interests. https://www.protocol.com/... Kate Kaye / @katekayereports : Schmidt's story is an exploration of how a private sector tech mogul has planted the seeds of Ch...
The FTC accuses homework help app Chegg of security lapses, such as ~40M users' personal info and passwords stolen in 2018; Chegg agrees to boost data security
GameStop launches its NFT marketplace out of beta on the Ethereum-based ImmutableX platform, letting users access Web3 games on the layer 2 scaling product
Cameron Thompson / CoinDesk :
Twitter disrupts a China-based influence campaign ahead of the US midterms, spanning nearly 2,000 accounts; two networks skewed right and another left
Washington Post : Tweets: @josephmenn , @naominixwrites , @dfrlab , @drewharwell , and @maxboot Tweets: Joseph Menn / @josephmenn : As Musk was preparing to take control of Twitter, Chinese and Irani...
Sources: Galaxy Digital, the digital assets financial services company run by Michael Novogratz, plans to cut 20%+ of its workforce; its stock is down ~80% YoY
Sources: the EU is set to launch an in-depth probe into Microsoft's Activision Blizzard acquisition after Microsoft didn't file remedies to antitrust enforcers
Samuel Stolton / Politico :
Anchorage Digital plans to custody a “significant portion” of Apollo Global Management's crypto portfolio and offer crypto custody services to Apollo's clients
Andrew Throuvalas / Decrypt :
Debunking five myths that may be sinking Meta's stock, including claims of Facebook users deserting, Instagram engagement falling, and TikTok dominating
Ben Thompson / Stratechery :
TuSimple's board fires CEO Xiaodi Hou after finding that the company shared confidential information with Chinese trucking startup Hydron; the stock drops 44%+
Bright Machines, which automates manufacturing tasks with AI and robotics, raised a $100M Series B and $32M in debt after pulling its SPAC deal in December 2021
Brian Heater / TechCrunch :
India's ban on Chinese video games has boosted its domestic industry, but the heavy-handed approach has made foreign publishers afraid to invest in the country
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.