October 5, 2022, 4:20 PM

Top News

Tom Hals / Reuters:
Sources: Elon Musk and Twitter have not yet reached an agreement to end litigation; Musk is scheduled to be deposed on October 6 in Austin  —  Elon Musk and Twitter Inc (TWTR.N) have not yet reached an agreement to end the litigation and clear the way for the world's richest person to close …
Elon Musk's revived $44B Twitter acquisition could rely on banks providing $12.5B at a time when offloading risky debt is difficult, leading to potential losses  —  Elon Musk's shock proposal to proceed with his acquisition of Twitter Inc. for the original offer price poses a headache …
Kevin Roose / New York Times:
A look at possible outcomes for Twitter under Elon Musk: firing Parag Agrawal, a revolt by employees, bringing back Donald Trump, adding new features, and more  —  His deal to buy the company is back on.  Here are six predictions about Twitter under Musk's control, if it happens.  —  Buckle up.
Jon Fingas / Engadget:
What to expect from the “Made by Google” event on October 6: Pixel 7 and Pixel 7 Pro, Pixel Watch, and potentially Nest hardware and previews of Pixel devices  —  - Wildcards: More Pixel device previews and Nest hardware  —  Google's fall hardware event promises to be special this year.
Mariella Moon / Engadget:
Blizzard President Mike Ybarra says Overwatch 2 servers are “experiencing a mass DDoS attack”, preventing users from joining the game's early access 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.
Wall Street Journal:
A report alleges a pattern of likely widespread cheating in 100+ online games by Hans Moke Niemann, whom champion Magnus Carlsen accused of cheating  —  An internal report reviewed by The Wall Street Journal alleges a previously unknown pattern of likely widespread cheating by Hans Moke Niemann …
Kirsten Korosec / TechCrunch:
Tesla plans to remove ultrasonic sensors from some new Model 3 and Y cars in October 2022 and Model S and X cars in 2023, in favor of camera and software  —  Tesla is removing ultrasonic sensors from Model 3 and Model Y vehicles, the next step in CEO Elon Musk's plan to only use cameras …
Steve Dent / Engadget:
Meta details updates to the Facebook Feed that let users show more or show less posts from friends, Groups, and Pages, helping improve Meta's AI-based ranking  —  With profits shrinking of late, Facebook has been shutting down unpopular apps and focusing on its core services.
Jeff John Roberts / Fortune:
Source: Coinbase CEO Brian Armstrong commissioned a documentary about his company and himself as he thinks the media has a malicious agenda to smear tech execs  —  Pass the popcorn.  Coinbase CEO Brian Armstrong just announced a new film titled Coin: A Founder's Story will be available …
Dawn Chmielewski / Reuters:
Spotify acquires Kinzen, which identifies misinformation and hate speech; the Dublin-based company partnered with Spotify in 2020, initially on election content  —  Audio-streaming service Spotify Technology SA (SPOT.N) on Wednesday said it has acquired Kinzen, a firm that has helped it identify harmful content on the platform.
Cheng Ting-Fang / Nikkei Asia:
Sources: in a first, Apple asks suppliers to move some AirPods and Beats devices production to India as early as 2023; some AirPods are already made in Vietnam  —  iPhone maker taps South Asian nation again in push to diversify from China  —  TAIPEI — Apple is asking suppliers to move …
Will Douglas Heaven / MIT Technology Review:
DeepMind uses its AlphaTensor AI to solve a matrix multiplication problem by building a 3D TensorGame board game, beating a record that has stood for 50+ years  —  The new version of AlphaZero discovered a faster way to do matrix multiplication, a core problem in computing that affects thousands of everyday computer tasks.
Yousef Saba / Reuters:
Chainalysis: MENA's crypto market grew the fastest from July 2021 to June 2022, with transaction volume up 48% YoY to $566B; Latin America was second at 40% YoY  —  The Middle East and North Africa are the world's fastest-growing cryptocurrency markets, with the volume of crypto received …
Associated Press:
A US judge sentences Paige Thompson, who accessed the data of 100M+ Capital One customers in 2019, to five years of probation; the DOJ is “very disappointed”  —  A former Seattle tech worker convicted of several charges related to a massive hack of Capital One bank and other companies …
Tom Warren / The Verge:
A review of Intel's $329 Arc A770 and $289 Arc A750: solid 1080p performance, slick design and materials, but weird driver bugs and not enough software controls  —  Intel's GPU effort is impressive but early … Intel's Arc graphics cards are finally here, and they're priced to take on Nvidia's popular RTX 3060 for budget PC gamers.
Anna Edgerton / Bloomberg:
Experts say political ads on Facebook no longer result in a good ROI, due to a stagnating user base and policy changes that make it harder to target voters  —  Beth Becker had just finished teaching Democrats how to use Facebook's digital tools at the Netroots conference in Pittsburgh …
Jeremy C. Owens / MarketWatch:
Elon Musk claims that buying Twitter “is an accelerant to creating X, the everything app”; in August 2022, Musk teased launching as a social media site  —  Entrepreneur's first big hit was with, an online bank that was acquired by PayPal; he re-acquired the rights …
Kyle Wiggers / TechCrunch:
Google unveils Imagen Video, a text-to-video AI generator trained on 14M video-text pairs, 60M image-text pairs, and the LAION-400M image-text dataset  —  Not to be outdone by Meta's Make-A-Video, Google today detailed its work on Imagen Video, an AI system that can generate video clips given a text prompt …

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Paige Tortorelli / CNBC: