| Axios: |
Sources: Elon Musk told Twitter engineers to work on a Vine reboot that may be ready by the end of 2022; Twitter acquired Vine in 2012 and shut it down in 2016 — Elon Musk has instructed Twitter engineers to work on a Vine reboot that could be ready by year end, multiple sources tell Axios.| Bloomberg: |
Sources: Twitter froze some staff access to content moderation and policy enforcement tools, raising worries about a misinformation spike before the US midterms — Twitter Inc., the social network being overhauled by new owner Elon Musk, has frozen some employee access to internal tools used … | Lora Kolodny / CNBC: |
Sources: Elon Musk asks trusted staff from his other companies, including 50+ from Tesla, two from Boring Company, and one from Neuralink, to help at Twitter — - Tesla CEO Elon Musk, now sole director and CEO of Twitter, is asking employees of the social network to redesign their subscription and verification systems within one week.| Kali Hays / Insider: |
SEC filing: Jack Dorsey rolled over his remaining 2.4% stake in Twitter, worth $1B+, into X Holdings, which Elon Musk didn't have to pay to acquire the company — - Dorsey left his second stint as CEO of Twitter last year. — A co-founder of the platform and friend of Musk, he's been supportive of the $44 billion takeover.| Matt Levine / Bloomberg: |
| Financial Times: |
| Washington Post: |
| Mark Gurman / Bloomberg: |
Sources: Apple VP of Online Retail Anna Matthiasson is leaving the company, to be replaced by Karen Rasmussen; CIO Mary Demby is retiring after three decades — Apple Inc.'s top executives in charge of its online retail store and information-systems divisions are stepping down … | Andrew Throuvalas / Decrypt: |
Anchorage Digital plans to custody a “significant portion” of Apollo Global Management's crypto portfolio and offer crypto custody services to Apollo's clients — The private equity giant that manages half a trillion dollars will use Anchorage for institutional crypto custody.| Nikhilesh De / CoinDesk: |
Coinbase asks to file an amicus brief to back Ripple's case against the US SEC, which sued Ripple in 2020 for selling XRP as an allegedly unregistered security — The crypto exchange joins a trade group and other groups in arguing the SEC's case threatens the broader industry.| Brian Heater / TechCrunch: |
Bright Machines, which automates manufacturing tasks with AI and robotics, raised a $100M Series B and $32M in debt after pulling its SPAC deal in December 2021 — In May of last year, Bright Machines announced plans to embrace the SPAC craze with a merger deal that valued the Bay Area-based manufacturing firm at $1.6 billion.| Vikas SN / Moneycontrol: |
Google paused its in-app billing policy in India after the Competition Commission of India ruled not to restrict app developers from using third-party payments — Google said on November 1 it has paused enforcement of its in-app billing system in India following a recent ruling of the Competition Commission of India (CCI).| Ben Thompson / Stratechery: |
Debunking five myths that may be sinking Meta's stock, including claims of Facebook users deserting, Instagram engagement falling, and TikTok dominating — What happened to Meta last week — and my response to it — expressed in meme-form: — In 2018, the market was panicking … | Steve Dent / Engadget: |
Sony reports Q2 gaming revenue rose 12% YoY to $4.92B and ships 3.3M PS5 units, flat YoY, bringing total sales to 25M; software sales fell to 62.5M units — In its latest earnings drop, Sony said it sold 3.3 million PlayStation 5s this quarter, matching exactly what it did last year … | Financial Times: |
Sources: Morgan Stanley and six banks plan to hold $12.7B in debt from Elon Musk's Twitter buyout until early 2023, pending a clearer business plan from Musk — Lenders concede they will struggle to drum up demand until Elon Musk unveils detailed strategy — Banks that lent $12.7bn …
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| Kate Kaye / Protocol: |
| Cameron Thompson / CoinDesk: |
| Natasha Singer / New York Times: |
| Amanda Hoover / Wired: |
| The Intercept: |
| Selina Cheng / Wall Street Journal: |