Techmeme
October 31, 2022, 6:30 PM

Top News

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.
Alex Heath / The Verge:
Sources: Twitter could make Twitter Blue a $20/month subscription that verifies users; staff have until November 7 to build the feature or face being fired  —  Now that he owns Twitter, Elon Musk has given employees their first ultimatum: Meet his deadline to introduce paid verification on Twitter or pack up and leave.
More: Washington Post, Bloomberg, Protocol, AppleInsider, Financial Times, Garbage Day, Techdirt, USA Today, Ars Technica, The Information, Quartz, Deadline, Pocket-lint, Crypto Adventure, CoinGape, VICE, Newser, Reuters, Twitter Help Center, Kotaku, Insider, Daring Fireball, CNN, PYMNTS.com, TIME, New York Post, ZDNet, The Hill, WRAL TechWire, MobileSyrup, Tubefilter, Engadget, International Business Times, TechSpot, PLYR1NE Newsletter, Android Headlines, The Economic Times, crypto.news, BGR, MSPoweruser, Thurrott, KnowTechie, Droid Life, iPhone in Canada Blog, Tech Advisor, MediaNama, ExchangeWire.com, Android Central, iThinkDifferent, and Gizmodo
Lora Kolodny / CNBC:
Sources: Elon Musk has pulled more than 50 of his trusted Tesla employees, mostly software engineers from the Autopilot team, 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.
Washington Post:
Source: Elon Musk plans to lay off 25% of Twitter's 7,000+ staff in the coming days  —  The first round of layoffs, led by his lawyer Alex Spiro, will target 25 percent of the workforce  —  SAN FRANCISCO — Members of billionaire Elon Musk's inner circle huddled with Twitter's remaining …
Lauren Hirsch / New York Times:
Selina Cheng / Wall Street Journal:
Inside Foxconn's Zhengzhou iPhone plant as the company uses harsh lockdown measures to try to contain a weekslong COVID-19 outbreak in a crucial ordering period  —  As it adheres to Beijing's strict epidemic controls, Apple's biggest smartphone assembler scrambles to keep production lines moving
Alyssa Lukpat / Wall Street Journal:
The world's top 20 tech billionaires have lost $480B+ on paper in 2022; Mark Zuckerberg's wealth dropped by $87B+, and Elon Musk and Jeff Bezos lost $58B+ each  —  Moguls including Mark Zuckerberg and Jeff Bezos have collectively lost more on paper than the market values of most S&P 500 companies
Natasha Singer / New York Times:
The FTC accuses homework help app Chegg of security lapses, such as ~40M users' personal info and passwords stolen in 2018; Chegg agrees to boost data security  —  Chegg, a homework help app, exposed the data of 40 million users, including details about some students' sexual orientation and religion …
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 …
The Intercept:
An investigation details the US DHS' ongoing plans to police misinformation on COVID-19, Afghanistan, Ukraine, and more; Meta built a portal to flag content  —  The Department of Homeland Security is quietly broadening its efforts to curb speech it considers dangerous, an investigation by The Intercept has found.
Samuel Stolton / Politico:
Sources: the EU is set to launch an in-depth probe into Microsoft's Activision Blizzard deal after Microsoft opted not to file remedies to antitrust enforcers  —  The European Commission is set to launch an in-depth investigation into Microsoft's record $69 billion splash …
More: Reuters
Amanda Hoover / Wired:
Some Twitter users, concerned about Elon Musk's ownership, are moving to alternative platforms, including Mastodon, which has seen sign-ups surge, and Discord  —  Discord, Mastodon and other services are bustling as Twitter fans make backup plans for their online social lives.

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Dan Milmo / The Guardian: