| Tom Warren / The Verge: |
Sony plans to launch the PlayStation VR2 with Sense controllers and stereo headphones on February 22 for $550, £530, or €600; preorders open on November 15 — Sony will launch its PS VR2 headset on February 22nd priced at $549.99. The PS VR2 will be priced at $549.99 in the US … | Bloomberg: |
Sources: Elon Musk plans to cut ~3,700 jobs at Twitter, half of the company's workforce, starting November 4, and reverse its existing work-from-anywhere policy — Elon Musk plans to eliminate about 3,700 jobs at Twitter Inc., or half of the social media company's workforce … | Hamish McKenzie / On Substack: |
| Mark Gurman / Bloomberg: |
Qualcomm expects to provide modem chips for the “vast majority” of iPhones in 2023, retaining its current foothold after previously planning to supply ~20% — Qualcomm Inc. will continue to provide the modem chips for the “vast majority” of iPhones in 2023 … | Reuters: |
| Washington Post: |
Elon Musk says Twitter will not reinstate banned accounts “until we have a clear process for doing so, which will take at least a few more weeks” — After Zoom meeting, Twitter boss tweets that no suspended accounts will return to site until there is clear process for doing so| Taylor Hatmaker / TechCrunch: |
| Kate Irwin / Decrypt: |
Meta is letting select Instagram US creators test a toolkit for minting NFTs and selling them on and off the platform, and says it won't charge fees until 2024 — Instagram will soon have NFT creation and trading tools built in, but in-app purchases will be “subject to applicable app store fees.”| Elisa Lipsky-Karasz / Wall Street Journal: |
A profile of, and interview with, Jony Ive, covering life before and after Apple, his design philosophy, his company LoveFrom, the importance of words, and more — can always write an awful lot that I can't draw,“ Jony Ive, the mastermind behind Apple's most revolutionary products, says as he holds up a Space Age-style coffee cup. ”| Washington Post: |
Internal email: Twitter appears to be rushing out a “high”-risk “Paywalled Video” feature, letting users charge to view their videos, with Twitter taking a cut — The tool would let video creators charge users for access. The team working on it flagged big potential pitfalls.| Patrick Clark / Bloomberg: |
Home buying startup Opendoor lays off ~550 employees, or ~18% of its staff, after higher rates and a shift in prices forced the company to sell homes at a loss — Opendoor Technologies Inc. is laying off about 550 employees after higher mortgage rates cratered US housing demand.| Ian Allison / CoinDesk: |
A financial document details some ties between Sam Bankman-Fried's FTX and Alameda Research; Alameda's biggest asset is $3.66B of unlocked FTT, an FTX token — Alameda had $14.6 billion of assets as of June 30, according to a private document CoinDesk reviewed.| Tom Warren / The Verge: |
Google expands Google Play Games beta for PC to the US, Canada, Mexico, Brazil, Indonesia, the Philippines, Malaysia, and Singapore, offering 85 Android games — Google Play Games is launching in open beta in the US today, allowing anyone to try out a selection of Android games on PC.| Steven Musil / CNET: |
Former Apple employee Dhirendra Prasad pleaded guilty to mail and wire fraud charges after defrauding Apple of $17M+, including via kickbacks, starting in 2011 — Former parts buyer engaged in theft, taking kickbacks and inflating invoices, prosecutors say. — Steven Musil| Kyle Barr / Gizmodo: |
Malwarebytes: four malicious Android apps from developer Mobile apps Group, which has deployed malware before, remain on Google Play with millions of downloads — Google is still failing to catch malicious apps from being listed on its app store, but it seems that some developers … | Karen Hao / Wall Street Journal: |
China's Zhengzhou industrial park, home of Foxconn's most advanced iPhone plant, begins a weeklong lockdown to combat COVID-19's “severe and complicated” spread — HONG KONG—The industrial park where Foxconn Technology Group's iPhone assembly plant is struggling to maintain production amid … | Todd Spangler / Variety: |
Roku reports Q3 revenue up 12% YoY to $761.4M, vs. $694M est., 21.9B streaming hours, and 2.3M active accounts added; the stock drops 18%+ on weak Q4 guidance — Roku handily topped Wall Street estimates for the third quarter of 2022, as the streaming platform and media company packed … | Josh Sisco / Politico: |
Sources: the US DOJ is preparing to open an in-depth probe into Adobe's $20B takeover of Figma and has been contacting customers, competitors, and investors — The Justice Department is preparing to open an in-depth investigation of Adobe's $20 billion takeover of design collaboration company Figma … | The Block: |
SEC filing: Coinbase Chief Product Officer Surojit Chatterjee plans to step down on November 30 as the company restructures its product team into four divisions — Chief Product Officer Surojit Chatterjee is set to depart the exchange. — Coinbase revealed plans to overhaul its entire product team … | Meagan Simpson / BetaKit: |
Vancouver-based Dapper Labs, the NFT startup behind CryptoKitties and NBA Top Shot, lays off ~134 staff, or ~22% of its workforce; Dapper Labs has raised $600M+ — Dapper Labs has laid off around 22 percent of its staff, BetaKit has learned. — The company confirmed the layoffs to BetaKit … | Maria Heeter / The Information: |
Neobank Chime lays off 12% of its 1,300-person workforce, or ~150, citing “current market dynamics”; Chime raised $750M at a $25B valuation in August 2021 — Online banking startup Chime, which before this year's market meltdown had been widely seen as a candidate … | Abner Li / 9to5Google: |
Google adds Lens to its search engine's homepage, letting users search by image, after adding the feature on desktop web in Google Images and the results page — Google Lens will only become more important going forward, and one sign of that is its addition to the google.com homepage today.| Annie Massa / Bloomberg: |
Robinhood reports Q3 revenue down 1% YoY to $361M, vs. $357.8M est., net loss down 87% YoY to $175M, and MAUs down 1.8M QoQ to 12.2M in September 2022 — Robinhood Markets Inc. posted third-quarter revenue that beat analysts' estimates as transaction-based income increased from the previous three-month period.| Chris Welch / The Verge: |
Apple TV 4K (2022) review: affordable, snappy performance, and a USB-C Siri Remote, but no AirTag-like remote tracking, lackluster live TV, and a stale design — Packing more speed than ever (and now HDR10 Plus) at a cheaper price, the Apple TV 4K is the best overall streamer on the market — even if tvOS is falling behind in places| Nivedita Balu / Reuters: |
eBay reports Q3 revenue down 5% YoY to $2.4B, vs. $2.32B est., gross merchandise volume down 11% YoY to $17.7B, active buyers down 11% YoY to 135M; stock up 6%+ — Ecommerce company eBay Inc (EBAY.O) on Wednesday beat Wall Street targets for third-quarter revenue as consumers snapped … | Wall Street Journal: |
Netflix rolls out its Basic with Ads tier in 12 countries; sources say licensing negotiations with Disney, Comcast's NBCU, Sony, WBD, and Lions Gate are ongoing — Disney, NBCU and Sony are among the companies still negotiating licensing with the streaming service| James Vincent / The Verge: |
Google plans to add a limited version of the Imagen text-to-image generator to its AI Test Kitchen app, letting users build cities and create little monsters — Google is being extremely cautious with the release of its text-to-image AI systems. … Today, though, the search giant announced … | Jon Fingas / Engadget: |
Google plans to roll out parental controls for Assistant, including disabling features, restricting services, and setting downtime hours, in the “coming weeks” — Kids love to use smart speakers, but it's all too easy for things to go horribly wrong — including content that's decidedly not family-friendly.
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| William Turvill / Press Gazette: |