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October 27, 2022, 10:25 PM
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| Washington Post: |
Sources: Elon Musk takes over Twitter, and has fired 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. — SAN FRANCISCO — Elon Musk became Twitter's owner late Thursday …
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Tweets: @mattzeitlin, @jsnell, @nickbilton, @film_girl, @film_girl, @karaswisher, @biz, @sarthakgh, @carnage4life, @danprimack, @sriramk, @growing_daniel, @megan, @neilcybart, @mmasnick, and @itguy1959
| Todd Spangler / Variety: |
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” — Mega-billionaire Elon Musk, nearing the finish line in his rocky takeover of Twitter …
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New York Times, The Verge, TechCrunch, New York Times, CNBC, Vox, Associated Press, Social Media Today, That Was The Week, Forkast, BGR, Politico, USA Today, Quartz, CNN, Gizmodo, Reuters, Financial Times, iPhone in Canada Blog, iMore, SlashGear, WRAL TechWire, Tech Flash, San Francisco Business Journal, MobileSyrup, Newser, and Financial Times
Tweets: @elonmusk, @theonion, @beccalew, @jamesfourm, @sarthakgh, @silvermanjacob, @mmasnick, @jason_a_w, @tweetermeyer, @nycsouthpaw, @onelouderash, @profmjcleveland, @david_ingram, @kept_simple, @manan, @dsilverman, @parismarx, @heydave7, @paldhous, @buzz, @emmmacfarlane, @shannoncoulter, and @parkermolloy
| Bloomberg: |
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 — Elon Musk asked engineers from Tesla Inc., the electric-car maker he runs, to meet with product leaders at Twitter Inc. …
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The Block, The Verge, and Mashable
Tweets: @levie, @ross, @schachin, @rustybrick, @lawrencehurley, @jckarter, and @wongmjane
| Wall Street Journal: |
Sources: ahead of Elon Musk's takeover, advertisers on Twitter are concerned about looser content moderation and potential conflicts of interest for car ads — Marketers worry about the Tesla CEO's stance on content moderation, potential conflicts in auto advertising if the Twitter deal completes| Wall Street Journal: |
Sources: banks have started transferring the $13B in cash backing Elon Musk's Twitter takeover, signaling the $44B deal could close by the Friday deadline — Mr. Musk sends borrowing notice, kicking off process to complete the $44 billion deal — Elon Musk Plans to Change Twitter, Here Are the Challenges He Faces
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Insider, Reuters, Slate, The Hill, Bloomberg, and Ars Technica
Tweets: @sawyermerritt and @arthurb
| Edward Ludlow / Bloomberg: |
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TMZ.com, The Atlantic, The Verge, Engadget, Observer, New York Post, MAGA Underground, IGN, The Hill, KnowTechie, Android Headlines, and Crypto Briefing
| Apple: |
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 — September quarter record for Revenue and EPS — Active installed base of devices reaches all-time high for all major product categories
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MacDailyNews, Wall Street Journal, CNET, Philip Elmer‑DeWitt, Apple Inc., Appleosophy, CNET, Neowin, Gizmodo, Engadget, Macworld, Six Colors, Associated Press, The Verge, MobileSyrup, and MacRumors
Tweets: @austen, @waltlightshed, @iansherr, @joannastern, @joannastern, @pt, @carnage4life, @benbajarin, and @rsgnl
| Kif Leswing / CNBC: |
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.
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Financial Times, Bloomberg, SiliconANGLE, 9to5Mac, Livemint, VentureBeat, Philip Elmer‑DeWitt, Patently Apple, 9to5Mac, MacRumors, AppleInsider, AppleInsider, Deadline, Wccftech, TechCrunch, Six Colors, Financial Times, MacRumors, 9to5Mac, MacStories, and AppleInsider
Tweets: @jsnell, @samifathi_, @neilcybart, @neilcybart, @patrickmcgee_, @trippmickle, @patrickmcgee_, @jyarow, @adamnash, @rsgnl, and @samifathi_
| Annie Palmer / CNBC: |
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.
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Los Angeles Times, CoinDesk, Vox, Blockworks, Associated Press, Reuters, Washington Post, The Guardian, CNN, Forbes, New York Times, and Quartz. Tweets: @lorakolodny
| Amazon: |
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.
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Reuters, GeekWire, Seattle Business Journal, The Verge, CNBC, and Reuters
Tweets: @pt, @mgsiegler, @jlinwins, @jaminball, @eamonjavers, @stockmktnewz, @jyarow, @stevekopack, and @eugenekim222
| Sofia Pitt / CNBC: |
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 — - The parent company of Facebook reported its second straight quarterly decline. — Meta's Reality Labs division …
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Facebook, Bloomberg, Financial Times, Bloomberg, Ed Zitron's Where's Your Ed At, Bloomberg, TechCrunch, Gizmodo, Game Developer, Washington Examiner, Marketing Dive, Observer, Wall Street Journal, CNBC, PC Gamer, Fortune, The Wrap, The Hill, The Information, NBC News, iPhone in Canada Blog, Reuters, Pixel Envy, and New York Post
Tweets: @squawkstreet, @pwnallthethings, @snowden, @zerohedge, @unusual_whales, @lizannsonders, @shiraovide, @carnage4life, @altcap, @chrisjbakke, @kenklippenstein, @wealthordie, @lisaabramowicz1, @thestalwart, @shortformernie, @sherrod_im, @garethsoloway, @zachweiner, @zachweiner, @carlquintanilla, @mgeist, @munster_gene, @antoniogm, @alexandrosm, @golikehellmachi, @mgsiegler, @golikehellmachi, @kantrowitz, @elosolich, @northmantrader, @golikehellmachi, @lisaabramowicz1, @thetranscript_, @teroterotero, @antoniogm, @thebradsmith, @econompic, @alex, @fmanjoo, @stevekovach, @adamsinger, @edbott, @dansolomon, @business, @mollywood, @matthewstoller, @saylor, and @tszzl
| Ari Levy / CNBC: |
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CBS News, Big Technology, VICE, NPR, Brad DeLong's Grasping Reality, The Daily Dot, and CryptoSlate
Tweets: @aparanjape, @markgongloff, and @jimcramer
| Andrew Hayward / Decrypt: |
Twitter is testing a blockchain-agnostic feature for displaying NFTs through tweets 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.
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Social Media Today, MarketWatch, Bitcoinist.com, U.Today, and Tokenist. Tweets: @twitterdev. Thanks:@hawaii
| Lauren Forristal / TechCrunch: |
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 — Snapchat has changed the way it pays creators through its Spotlight reward fund. Creators that use Snapchat's TikTok clone … | Stephanie Condon / ZDNet: |
Google Cloud announces the Blockchain Node Engine, a fully managed service to help developers build and manage blockchain-based products, starting with Ethereum — Google Cloud on Thursday unveiled Blockchain Node Engine - a fully managed service for Web3 developers that wants to build … | Jordan Novet / CNBC: |
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 — - Intel plans up to $10 billion in cost reductions and efficiency improvements in the next three years.| Harmeet Singh Walia / Counterpoint Research: |
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% — - The global smartphone market declined by 12% YoY even as it grew by 2% QoQ to reach 301 million units in Q3 2022.
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Bloomberg, Forbes, Canalys, and Strategy Analytics
| 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; the stock jumps 11%+ — Pinterest Inc (PINS.N) posted its slowest quarterly revenue growth in nearly two years and turned a loss, the latest social media platform …
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Adweek, The Information, Social Media Today, and Bloomberg
| Nicole Wetsman / The Verge: |
YouTube opens a verification program for licensed health care professionals, adding panels to videos that mark them as reliable sources of health information — They'll also be able to have videos added to health content shelves, which compile information on specific medical conditions.
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YouTube Official Blog, XDA Developers, and Gizmodo
| Mary Jo Foley / ZDNet: |
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.
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OnMSFT.com
| Janko Roettgers / Protocol: |
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 — Last week, the Competition Commission of India published a damning report, alleging that Google was preventing major TV manufacturers … | Yousef Saba / Reuters: |
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 — Classera, an education technology company headquartered in San Francisco, said on Thursday it had raised $40 million from investors …
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FinSMEs, Classera, TechEconomy Nigeria, and The Capital Quest
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