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October 28, 2022, 12:30 PM
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memeorandum
WeSmirchTop News
| Washington Post: |
Elon Musk takes over Twitter and fires 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 — Elon Musk became Twitter's owner late Thursday …
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Tweets: @elonmusk, @walterisaacson, @thierrybreton, @davidfaber, @nedsegal, @cz_binance, @mmasnick, @techemails, @mattzeitlin, @briannawu, @snowden, @austinj, @repmtg, @biz, @eliothiggins, @kashhill, @binance, @sarthakgh, @beeple, @nedsegal, @lkrauss1, @cwarzel, @taylorlorenz, @film_girl, @taylorlorenz, @sifill_, @dbreunig, @jsnell, @oneunderscore__, @danprimack, @danprimack, @repboebert, @ben_rosen, @duolingo, @cnbctech, @marcoarment, @vilile, @davemilbo, @striedinger, @jennaellisesq, @cnbctech, @rsarver, @alexhern, @hsouthwellfe, @buzz, @spencerchen, @klonick, @growing_daniel, @pulte, @film_girl, @paulg, @jason_kint, @lizzadwoskin, @backlon, @pwnallthethings, @campuscodi, @megan, @maxkennerly, @bondhack, @pkedrosky, @ashcryptoreal, @paulg, @karaswisher, @keemstar, @paulmozur, @petestrzok, @mmasnick, @pwnallthethings, @0xfoobar, @esqueer_, @davidakaye, @wajahatali, @functi0nzer0, @noahpinion, @itguy1959, @anthony, @ross, @eve6, @xpangler, @sriramk, @heydave7, @jaredlholt, and @robbystarbuck
| Nilay Patel / The Verge: |
“Welcome to hell, Elon”: Musk won't be able to grow Twitter users and revenue without compromises and realizing that content moderation is the main product — You break it, you buy it. … Twitter is a disaster clown car company that is successful despite itself … | Bloomberg: |
Source: Elon Musk plans to become Twitter CEO, but may cede the role, and reverse lifetime bans, including eventually for Donald Trump — Elon Musk plans to assume the role of chief executive officer at Twitter Inc. after completing his $44 billion acquisition, taking the helm …
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The Block, New York Times, NBC News, Ars Technica, BBC, Protocol, CNN, The Hill, The Guardian, Insider, Forbes, The Information, Today's Take, New York Post, The Economic Times, CoinGape, CNBC, Engadget, Coinpedia Fintech News, TechSpot, USA Today, Continuations, The Guardian, Gizmodo, and Trak.in
| Kate Conger / New York Times: |
Elon Musk takes Twitter private, merging the company with X Holdings, delisting from NYSE, dissolving the board, and moving to cash-based employee compensation — The social media company went public in 2013. But Elon Musk is taking it private as part of his acquisition of the firm.
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Associated Press, TechCrunch, SEC.gov, Financial Times, 9to5Mac, TechCrunch, CNN, The Independent, Fox Business, Bloomberg, The Wrap, Variety, Cointelegraph, Sky News, Barron's Online, ITV News, Cointelegraph, and Slate
Tweets: @davidmackau, @chrismessina, @oothoon, @jolyonmaugham, @soutikbbc, @carnage4life, and @edludlow
| Anders Melin / Bloomberg: |
Analysis: with Elon Musk cleaning out Twitter's executive ranks, CEO Parag Agrawal is eligible to receive ~$50M, CFO Ned Segal $37M, and Vijaya Gadde $17M — Three of Twitter Inc.'s top executives who were said to be fired after Elon Musk completed his takeover are poised to collect …
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The Atlantic, Wall Street Journal, and Axios
Tweets: @jackalltogether, @nut_bunnies, @tanayj, @alexhern, @vaniilaessence, and @jcoviedo6
| Todd Spangler / Variety: |
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New York Times, Insider, Bloomberg, Washington Post, TheStreet, Forbes, HITC, New York Post, Mashable, Fossbytes, Insider, Pirate Wires, Cryptopolitan, Tech Xplore, AdExchanger, and NPR
Tweets: @elonmusk, @elonmusk, @sep, @esqueer_, @theonion, @hasanthehun, @oneunderscore__, @beccalew, @mollyjongfast, @taylorlorenz, and @robinw
| Bloomberg: |
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Tweets: @sawyermerritt, @schachin, @cz_binance, @rustybrick, @wongmjane, @levie, @lawrencehurley, and @wongmjane
| 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; stock is up 6%+ — 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, Apple Inc., CNBC, Six Colors, CNBC, KnowTechie, and Coinspeaker
Tweets: @waltlightshed, @greengart, @rsgnl, and @austen
| 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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The Register, 9to5Mac, AppleInsider, iThinkDifferent, The Hollywood Reporter, TechSpot, Macworld, and Livemint
Tweets: @jsnell, @neilcybart, @patrickmcgee_, @neilcybart, @patrickmcgee_, and @trippmickle
| 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.| 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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TechCrunch, CNBC, RCR Wireless News, Protocol, Clouded Judgement, and Coinspeaker
Tweets: @retail_guru, @pt, @jimcramer, @firstadopter, @tcarmody, and @retail_guru
| Michael Potuck / 9to5Mac: |
Apple says it has awarded researchers ~$20M total, including 20 rewards of $100K+ each for high-impact issues, since opening its bug bounty in December 2019 — Along with announcing its new Lockdown Mode feature this past summer, the company mentioned an upgraded bounty program, a donation to fund ethical security research, and more.
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Apple, Apple Security Research, Forbes, Dark Reading, Apple Must, and SecurityWeek
Tweets: @kifleswing, @pwnallthethings, @classicii_mrmac, @brinlystorm, @mdisec, @thomasareed, @campuscodi, @_r3ggi, and @martijn_grooten
| Dylan Patel / SemiAnalysis: |
A look at the ongoing Qualcomm-Arm legal dispute, as Qualcomm claims Arm plans to stop licensing its CPUs to semiconductor companies after 2024 — No More External GPU, NPU, or ISP's Allowed In Arm-Based SOCs — The Qualcomm-Arm saga is epic and there is a new massive update in the case.| Sarah Perez / TechCrunch: |
Responding to user feedback, YouTube splits video content into three tabs on channel pages: Videos, Shorts, and Live — YouTube is rolling out a change impacting how videos appear on its platform. The company today announced a redesign that now splits video content into three different tabs … | Mary Jo Foley / ZDNet: |
Internal email: Joe Belfiore, who has been Microsoft's CVP of Office Group for the past two years and with the company for 32 years, announces 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 …
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GeekWire, XDA Developers, Thurrott, Windows Central, WinBuzzer, and TechCircle
| Meghan Bobrowsky / Wall Street Journal: |
Earnings from Amazon, Microsoft, Meta, Alphabet, Intel, and others signal boom times are over, as inflation, lower demand, and interest rates weigh on results — Tech giants embark on belt tightening to ease investor concerns over slowing growth — A week of earnings by big technology companies …
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TheStreet, Adweek, Insider, Australian Financial Review, Reuters, and Bloomberg. Tweets: @cortessteve
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