Techmeme
October 5, 2022, 3:15 AM

Top News

Ed Hammond / Bloomberg:
SEC filing: in a letter to Twitter, Elon Musk revives his original bid for $54.20 per share, aiming to avoid a courtroom fight; Twitter's stock closes up 22.24%  —  Elon Musk is proposing to buy Twitter Inc. for the original offer price of $54.20 a share, Bloomberg News reports.Musk …
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Jeremy C. Owens / MarketWatch:
Elon Musk says that buying Twitter “is an accelerant to creating X, the everything app”; in August 2022, Musk teased launching X.com as a social media site  —  Entrepreneur's first big hit was with X.com, an online bank that was acquired by PayPal; he re-acquired the rights …
Axios:
Mariella Moon / Engadget:
Blizzard President Mike Ybarra says Overwatch 2 is “experiencing a mass DDoS attack” on its servers, preventing hundreds of users from joining the game's launch  —  Overwatch 2's early access launch has been marred by a few bugs and a massive DDoS attack preventing players from getting into the game.
Caitlin Huston / The Hollywood Reporter:
Meta plans to shut down its newsletter subscription service Bulletin by early 2023; the Substack competitor launched in January 2021 and now has 120+ writers  —  The social media company plans to bring more content back to the Facebook platform directly.  —  Meta will be shutting down Bulletin …
Jennifer Pattison Tuohy / The Verge:
The Connectivity Standards Alliance launches the Matter 1.0 smart home standard and its certification program; Matter devices may be sold as soon as this month  —  The smart home standard is open for certification at last.  We could see Matter devices in our homes as soon as this month.
Jason Cipriani / ZDNet:
Sarah Perez / TechCrunch:
Meta debuts Instagram ads on the Explore page and tests ads in profile feeds, letting creators earn extra income, and a shorter ad format for Facebook Reels  —  Following another quarter that saw marketers pull back on their ad spending, Meta today announced it's increasing its ad load on Instagram with the launch of two new ad slots.
David Voreacos / Bloomberg:
US prosecutors accuse a man of remotely swiping 713 bitcoins from a hardware wallet seized in a case against his brother, who ran crypto mixing service Helix  —  Gary Harmon grinned as he lounged in a bathtub full of dollar bills surrounded by scantily clad women.
Katyanna Quach / The Register:
Amazon sues Washington state's Department of Labor & Industries, claiming an order forcing the company to reduce a warehouse's hazards breaks the 14th Amendment  —  Somebody missed the memo - this internet giant always gets its own way  —  Amazon has sued Washington state's Department …

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