| Platformer: |
Interviews with journalists at The Wire, sources at Meta, and knowledgeable outside observers describe the messy fight between Meta and The Wire — The journalists behind a controversial series of stories tell us they haven't been hoaxed. We're not so sure| Ina Fried / Axios: |
Microsoft announced layoffs across multiple divisions on October 17; source: less than 1,000 jobs were cut across various levels, teams, and parts of the world — Microsoft announced layoffs across multiple divisions on Monday, Axios has confirmed. — Why it matters: The move … | Janko Roettgers / Protocol: |
Netflix rolls out a feature globally to let users transfer all their personalized viewing data to a new account, ahead of a crackdown on account sharing in 2023 — Netflix is making it easier for people to disentangle their personal viewing data: The streaming service is rolling … | Avery Menegus / Engadget: |
Internal doc: Amazon has a high attrition rate across all levels, costing $8B annually, and workers choose to leave twice as often as layoffs and firings occur — Amazon churns through workers at an astonishing rate, well above industry averages. According to a tranche of documents marked … | Jon Porter / The Verge: |
Carl Pei's Nothing will hike the price of its Ear (1) wireless earbuds from $99 to $149 on October 26, citing “an increase in costs” — Nothing is hiking the price of its debut Ear 1 earbuds from $99 to $149, the company's CEO Carl Pei has announced.| Corrie Driebusch / Wall Street Journal: |
Sources: Intel is eyeing a significantly lower sub-$20B valuation for the IPO of its Mobileye self-driving car unit, down from the originally expected $50B+ — A target valuation of under $20 billion is expected, down from $50 billion — Intel Corp. INTC 1.97%▲ … | Noah Smith / Noahpinion: |
Analysis: why the Biden administration's sweeping export controls on China's chip sector happened now and how they could usher in a new global economic paradigm — Now it's on. — “You come at the king, you best not miss.” — Omar Little — In a post back in August … | Nikkei Asia: |
| Bloomberg: |
Stability AI raised a $101M seed, a source says at a ~$1B valuation, and its CEO says Stable Diffusion has 10M DAUs and its web app DreamStudio has 1.5M+ users — The parent company of Stable Diffusion, an artificial intelligence tool that makes digital art, has reached unicorn status … | Natasha Lomas / TechCrunch: |
UK's CMA gives a final order to Meta to sell Giphy, after a judge ordered the CMA to reassess the case in July — Bye-bye: Meta has again been ordered by the UK's competition watchdog to sell animated GIF platform, Giphy. And this time it's final. — The decision follows a 'stay … | Tim Hardwick / MacRumors: |
Apple restores Russia's largest social network VKontakte, Mail.ru, and other apps from VK, three weeks after removing them citing UK sanctions — Apple has restored Russian apps for social network VKontakte and webmail provider Mail.ru to the App Store, three weeks after removing … | Bryan Pietsch / Washington Post: |
A recent Kakao outage has raised monopoly concerns in South Korea; the company had previously claimed it had ~47.5M active users in the country of 51M+ people — SEOUL — In South Korea, Kakao is ubiquitous. Nearly everyone, from schoolchildren to the elderly, uses the Korean tech company's apps … | Sam Bourgi / Cointelegraph: |
Toronto-based ChainSafe, the developer of an SDK for connecting games built on the Unity platform to the blockchain, raised a CA$25.7M Series A led by Round13 — The Canadian company is focused on multi-chain R&D and blockchain gaming, which is a growing industry that's expected to achieve multi-billion-dollar valuations.| Masha Borak / Wired: |
New research, which details pro-Kremlin edits made to the English Wikipedia page for the Russo-Ukrainian war, could be used to create models to detect disinfo — Custodians of the crowdsourced encyclopedia are charged with protecting it from state-sponsored manipulators. A new study reveals how.
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| Mia Sato / The Verge: |
| Nikhilesh De / CoinDesk: |
| Ann-Marie Alcántara / Wall Street Journal: |
| Jon Porter / The Verge: |