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October 7, 2022, 8:50 AM
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Top News

Richard Lawler / The Verge:
Filing: a judge grants Elon Musk's request to halt the Twitter trial and says that if the deal doesn't close by 5pm on October 28, the trial begins in November  —  The pending trial between Elon Musk and Twitter is suddenly on hold, as Judge Kathaleen McCormick granted the Musk side's request for a stay …
Bloomberg:
Sources: Musk-Twitter talks are stuck on a debt-financing issue; Musk wants to reserve the right to sue Twitter for allegedly misleading him about bot accounts  —  Talks between Elon Musk and Twitter Inc. to reach a resolution of the $44 billion takeover are stuck in part over Musk's statement …
CoinDesk:
Binance Smart Chain suspends transactions due to a bridge exploit, estimating that $100M to $110M in assets were moved off chain, of which $7M has been frozen  —  The chain has now resumed operations after fixing a exploit that allowed an attacker moved $100 million-$110 million in crypto off the Binance-linked blockchain.
Alex Heath / The Verge:
Internal memo: Meta's VP of Metaverse says Horizon Worlds is suffering from too many quality issues and even the team building the app isn't using it very much  —  Meta's VR social network Horizon Worlds — the company's flagship “metaverse” app — is suffering from too many quality issues …
Bloomberg:
Amazon stops working on Scout, its autonomous, cooler-sized home delivery robot in testing since 2019; source: ~400 people were working on the project globally  —  Amazon.com Inc. is shutting down tests of its home delivery robot, the latest sign that the e-commerce giant is starting to wind …
Todd Haselton / CNBC:
AMD announces ~$5.6B in preliminary Q3 revenue, below its outlook of $6.7B plus or minus $200M, driven by weaker Client segment revenue and supply chain issues  —  - AMD issued preliminary third-quarter results Thursday that are well below its initial guidance.
Damien Wilde / 9to5Google:
Google announces the Pixel 7 Pro with a 6.7-inch 120Hz LTPO display, updated “camera bar”, Tensor G2, Android 13, and software face unlock, starting at $899  —  At the latest Made by Google launch event, Google has fully detailed the Pixel 7 Pro following a number of early looks, leaks, and teases.
Kyle Bradshaw / 9to5Google:
Google says Pixel 7 and Pixel 7 Pro users will get free access to Google One's VPN service later in 2022, but other Google One features will require subscribing
Ina Fried / Axios:
Six robotics companies, including Boston Dynamics, pledge not to support the weaponization of their products and say adding weapons will erode trust in robots  —  Several robotics companies, including Boston Dynamics, are pledging not to support the weaponization of their products and are calling …
Brian Heater / TechCrunch:
Google unveils the circular Pixel Watch with a 41mm case, a curved display, Fitbit health features, and Wear OS, $350 for Wi-Fi and $400 for LTE; preorder now  —  Google gets into the smartwatch game for real with the $350 Wear OS device  —  2021 was the Pixel's year.
Victoria Song / The Verge:
Pixel Watch hands-on: it feels like a round Apple Watch with Wear OS 3.5 taking some cues from watchOS, but its band mechanism might take some getting used to
Tiffany Hsu / New York Times:
Pew: 6% of US adults regularly get news on BitChute, Gab, Gettr, Parler, Rumble, Telegram, or Truth Social, but no one site drew over 2% of those seeking news  —  The appeal of platforms like Parler, Truth Social and Telegram is another symptom of the partisan divide in media, according to the Pew Research Center.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:50 AM ET, October 7, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Wall Street Journal:
Sources: ABC could lose ~$50M in licensing costs to WBD and an estimated $35M in advertising revenue after abruptly pulling the new season of The Bachelorette

Chris Geidner / Law Dork:
A federal judge slows Voice of America return-to-work order and eliminates the March 23 deadline, now ordering 70 people due back each week

Erik Wemple / New York Times:
A district court judge rules in favor of the NYT in its suit challenging rules that limited press access to the Pentagon, citing the First Amendment

More News

Dan Primack / Axios:
Letter: Tiger Global is aiming to raise $6B for its next fund that invests in privately held tech companies, less than half of what it raised for its prior fund

Earlier Picks

Jay Peters / The Verge:
Twitter starts rolling out an edit button to Twitter Blue subscribers in the US, a few days after giving it to subscribers in Canada, Australia, and New Zealand
Salvador Rodriguez / Wall Street Journal:
Internal ByteDance report: revenue grew nearly 80% YoY to $61.7B in 2021 but operating losses more than tripled YoY from $2.14B to $7.15B due to growth spending
Max Chafkin / Bloomberg:
After investors bet an estimated ~$100B on self-driving vehicles, startups see little progress, falling back on simulations and remote operators as losses mount
Mathieu Rosemain / Reuters:
A Paris court lowered a 2020 antitrust fine against Apple from a record €1.1B to €372M; the fine was tied to alleged behavior in Apple's distribution network
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