Sources: Elon Musk plans to cut ~3,700 jobs at Twitter, or half of the company's workforce, starting on November 4, and reverse its work-from-anywhere policy
Elon Musk plans to eliminate about 3,700 jobs at Twitter Inc., or half of the social media company's workforce …
Sources: Twitter aims to charge for verification as soon as November 7, give current verified users a multi-month grace period, and make the edit button free
Twitter Inc. aims to start selling blue verification badges for user profiles as soon as next week, part of a plan by new owner Elon Musk …
WhatsApp announces Communities, a group messaging feature for larger, more structured groups of up to 1,024 people, rolling out worldwide in the coming months
WhatsApp today is officially launching Communities, the new feature offering larger, more structured discussion groups that first entered into testing earlier this year.
Meta lets select Instagram creators in the US test a toolkit for minting NFTs and selling them on and off the platform, and says it won't charge fees until 2024
Instagram will soon have NFT creation and trading tools built in, but in-app purchases will be “subject to applicable app store fees.”
In the coming weeks, Google will update Gmail to show live package tracking for order confirmation emails under the sender's name in the inbox
Google announced today a small but useful update to Gmail that will allow users to soon be able to track their upcoming package deliveries directly from their inbox.
TikTok plans to update its privacy policy on December 2 to confirm that its staff outside of Europe, including in China, can access the data of European users
Privacy policy update confirms data of continent's users available to range of TikTok bases including in Brazil, Israel and US
Qualcomm expects to provide modem chips for the “vast majority” of iPhones in 2023, retaining its current foothold after previously planning to supply ~20%
Qualcomm Inc. will continue to provide the modem chips for the “vast majority” of iPhones in 2023 …
Amazon will roll out Matter over WiFi smart home standard to 17 Echo devices in December, initially for Android, supporting smart plugs, bulbs, and switches
Amazon will start its Matter journey slowly, bringing support for the new smart home standard to 17 Echo devices in December.
Memo: Stripe plans to lay off 14% of its staff, reducing its headcount by 1,000 to almost 7,000, to prepare for “leaner times”
Stripe Inc., one of the world's most valuable startups, will cut more than 1,000 jobs as it seeks to rein in costs ahead of any economic downturn.
Source: the UK plans to remove the Online Safety Bill's controversial “legal but harmful” content rules, leaving them only for material targeted at children
EXCLUSIVEThe Bill is due to be brought back to Parliament later this month after it was delayed over the summer
Sources: Twitter staff are yet to receive a single official message since Musk took over and are relying on media reports, Musk's tweets, and private chats
Workers follow new boss's tweets and share rumors on anonymous apps amid silence from leadership on firings, staff cuts and product changes.
Patreon launches a native ad-free video hosting tool for creators, expanding on support for third-party players, available to a select group in beta
The update marks a major shift in how creators on Patreon can share video content with fans. Previously, creators had to upload videos …
Twitter cancels its Chirp developer conference, set for November 16, and says it is building “some things that we're excited to share with you soon”
Twitter is canceling its developer-focused Chirp conference amid management transition, the company said late Thursday.
Google debuts Code as Policies, a tool that uses AI models to generate code for robots to perform a variety of tasks, under an open-source license on GitHub
Google LLC today debuted an internally developed software tool that can reduce the amount of effort involved in training a robot to perform new tasks.
Egypt is one of the internet's most prominent choke points thanks to 16 subsea cables carrying ~17% of the world's internet traffic touching land in the country
Underwater cables keep the internet online. When they congregate in one place, things get tricky. Tweets: @chengela , @aipio , and @mattburgess1 Tweets: Angela Chen / @chengela : “Where there are cho...
Sources: Ajit Mohan, the head of Meta in India who joined the company in 2019, has left to become the president of Snap's APAC business
Ajit Mohan, the head of Meta in India, has left the firm and joined rival Snap, according to sources familiar with the matter.
Meta AI researchers unveil Encodec, a neural network trained to compress audio at a ~10x rate compared with the MP3 format at 64Kbps, without a loss in quality
Technique could allow high-quality calls and music on low-quality connections. — Last week, Meta announced … Tweets: @suhail Tweets: @suhail : Amazing. Using AI to compress audio files for quick and...
Whenever US politicians talk about changing Section 230 or regulating Big Tech and websites, they are almost always talking about imperiling the First Amendment
The First Amendment is one of America's most distinctive pieces of law. But as the midterm — and, quickly, the presidential … Tweets: @evan_greer , @thedextriarchy , @navinram999 , @reckless , and @s...
Vancouver-based Dapper Labs, the NFT startup behind CryptoKitties and NBA Top Shot, lays off ~134 staff, or ~22% of its workforce; Dapper Labs has raised $600M+
Dapper Labs has laid off around 22 percent of its staff, BetaKit has learned. — The company confirmed the layoffs to BetaKit …
A look at Twitter's Bluesky “federated social network” project under Elon Musk; CEO Jay Graber recently tweeted that she is “very glad we're independent”
For years, the platform has funded a project that's meant to create a better, decentralized online experience.
Sony plans to launch the PlayStation VR2 with Sense controllers and stereo headphones on February 22 for $550, £530, or €600; preorders open on November 15
Sources: Lyft plans to cut 13% of its 4,000 employees, after previously cutting 60 people, or under 2% of its workforce, in July
Ride-hailing company to cut 13% of staff in second round of job cuts — Lyft Inc. LYFT -0.43%decrease; red down pointing triangle is cutting 13% of staff …
Apiiro, which lets developers and application security engineers proactively fix problems, raised a $100M Series B, bringing its total funding to $135M
At a time when large rounds are a thing of the past, especially in the early stages, Apiiro, an applications security startup …
Preqin: Chinese VC deals fell 44% YoY in October to $62.1B, of which $7.9B went to semiconductor companies, up from $6.3B in 2021
Venture capital investments in China are falling sharply this year, making it one of the worst-performing countries globally after the Communist Party's crackdown …
Chicago-based supply chain management startup project44 raised $80M led by Generation Investment and A.P. Moller at a $2.7B post-money valuation
U.S.-based supply chain management technology company project44 said on Thursday it was valued at $2.7 billion after its latest funding round …
A financial document details some ties between Sam Bankman-Fried's FTX and Alameda Research; Alameda's biggest asset is $3.66B of unlocked FTT, an FTX token
Ian Allison / CoinDesk :
Apple's unionized Maryland store files a complaint with the NLRB after Apple withheld medical, educational, and other new benefits given to non-union workers
Bloomberg :
Lenovo reports Q2 revenue down 4% YoY to $17.09B, above estimates, the first decline in 10 quarters as pandemic-fueled global PC demand weakens
Josh Ye / Reuters :
Barcelona-based Lodgify, which offers SaaS tools for managing rental properties on Airbnb and other platforms, raised a $30M Series B led by Octopus Ventures
Fiona Alston / Tech.eu :
Tech insiders and academics say most independent Uyghur-run websites ceased to exist as Beijing's crackdown in the Muslim-majority Xinjiang region unfolded
a future for their own society.” https://www.wired.com/... Masha Borak / @mashaborak : “It's like erasing the life work of thousands and thousands of people to build something—a future for their own s...
Oro Labs, which offers cloud-based tools to help streamline enterprise procurement, raised a $25M Series A led by Norwest Venture Partners and B Capital
Maria Deutscher / SiliconANGLE :
Google expands Google Play Games beta for PC to the US, Canada, Mexico, Brazil, Indonesia, the Philippines, Malaysia, and Singapore, offering 85 Android games
Tom Warren / The Verge :
Sources: the EU plans light-touch rules for Airbnb and other rental companies, including providing data on usership, in a bid to unify laws across the bloc
Foo Yun Chee / Reuters : Tweets: @news_by_nick Tweets: Nicholas Brown / @news_by_nick : “Under the draft rules, short-term home rental companies will have to provide data on numbers using their servi...
Malwarebytes: four malicious Android apps from developer Mobile apps Group, which has deployed malware before, remain on Google Play with millions of downloads
Kyle Barr / Gizmodo :
Substack co-founder says it's time for a “real alternative” to Twitter, and plans features to let writers and readers “hang out”, show their status, and more
Robinhood reports Q3 revenue down 1% YoY to $361M, vs. $357.8M est., net loss down 87% YoY to $175M, and MAUs down 1.8M QoQ to 12.2M in September 2022
Annie Massa / Bloomberg :
Sources: the US DOJ is preparing to open an in-depth probe into Adobe's $20B acquisition of Figma and has been contacting customers, competitors, and investors
Josh Sisco / Politico :
SEC filing: Coinbase Chief Product Officer Surojit Chatterjee plans to step down on November 30 as the company restructures its product team into four divisions
A look at the fintech startups serving small and large US-based cannabis retailers in an industry dominated by cash, as Visa, Mastercard, and others steer clear
and it's a nuisance for business owners and buyers. Fintech players are entering the fray. https://www.wired.com/...
South Korea-based Wemade, which develops the Wemix blockchain gaming platform, raised ~$46M from Microsoft, Shinhan Asset Management, and Kiwoom Securities
Manish Singh / TechCrunch :
Roku reports Q3 revenue up 12% YoY to $761.4M, vs. $694M est., 21.9B streaming hours, and 2.3M active accounts added; the stock drops 18%+ on weak Q4 guidance
Fellow Shareholders, November 2, 2022 In Q3, we delivered meaningful growth in scale and engagement. Tweets: Todd Spangler / @xpangler : also - Roku said CFO Steve Louden plans to leave the company so...
Former Apple employee Dhirendra Prasad pleaded guilty to mail and wire fraud charges after defrauding Apple of $17M+, including via kickbacks, starting in 2011
Home buying startup Opendoor lays off ~550 employees, or ~18% of its staff, after higher rates and a shift in prices forced the company to sell homes at a loss
Patrick Clark / Bloomberg :
eBay reports Q3 revenue down 5% YoY to $2.4B, vs. $2.32B est., gross merchandise volume down 11% YoY to $17.7B, active buyers down 11% YoY to 135M; stock up 6%+
Neobank Chime lays off 12% of its 1,300-person workforce, or ~150, citing “current market dynamics”; Chime raised $750M at a $25B valuation in August 2021
Facebook expands professional mode, letting all creators globally earn money from various monetization programs, including Reels Play bonuses and subscriptions
Aisha Malik / TechCrunch : See also Mediagazer
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.