| Ina Fried / Axios: |
Microsoft announced layoffs across multiple divisions on October 17; source: less than 1,000 jobs were cut across various levels, teams, and parts of the world — Microsoft announced layoffs across multiple divisions on Monday, Axios has confirmed. — Why it matters: The move … | Natasha Lomas / TechCrunch: |
Meta confirms it will divest itself of Giphy globally after UK's CMA gives a final order to sell the company, following a court-ordered reassessment in July — Bye-bye: Meta has again been ordered by the UK's competition watchdog to sell animated GIF platform, Giphy. And this time it's final.| Janko Roettgers / Protocol: |
Netflix rolls out a feature globally to let users transfer all their personalized viewing data to a new account, ahead of a crackdown on account sharing in 2023 — Netflix is making it easier for people to disentangle their personal viewing data: The streaming service is rolling … | Platformer: |
Interviews with journalists at The Wire, sources at Meta, and knowledgeable outside observers describe the messy fight between Meta and The Wire — The journalists behind a controversial series of stories tell us they haven't been hoaxed. We're not so sure| Avery Menegus / Engadget: |
Internal doc: Amazon has a high attrition rate across all levels, costing $8B annually, and workers choose to leave twice as often as layoffs and firings occur — Amazon churns through workers at an astonishing rate, well above industry averages. According to a tranche of documents marked … | Corrie Driebusch / Wall Street Journal: |
Sources: Intel is eyeing a significantly lower sub-$20B valuation for the IPO of its Mobileye self-driving car unit, down from the originally expected $50B+ — A target valuation of under $20 billion is expected, down from $50 billion — Intel Corp. INTC 1.97%▲ … | Ivan Mehta / TechCrunch: |
Google adds new kids-focused features to Google TV, including parent-controlled watchlists and AI-powered suggestions — Google is bringing a set of new kids-focused features such as parent-controlled watchlists and AI-powered suggestions to Google TV, the latest in a series of efforts … | Jon Porter / The Verge: |
Carl Pei's Nothing will hike the price of its Ear (1) wireless earbuds from $99 to $149 on October 26, citing “an increase in costs” — Nothing is hiking the price of its debut Ear 1 earbuds from $99 to $149, the company's CEO Carl Pei has announced.| Noah Smith / Noahpinion: |
Analysis: why the Biden administration's sweeping export controls on China's chip sector happened now and how they could usher in a new global economic paradigm — Now it's on. — “You come at the king, you best not miss.” — Omar Little — In a post back in August … | Nikkei Asia: |
| The Information: |
Sources: worried about a threat from Apple, Google doubles down on its own hardware and moves some staff from other teams to work on Google-branded devices — It may be Google's worst nightmare. Apple's iPhone is stealing share from Samsung phones powered by Google's Android software.| Yun Li / CNBC: |
Salesforce stock is up 6%+ pre-market after activist investor Starboard reveals a “significant” stake; shares of Salesforce have fallen more than 40% in 2022 — Follow your favorite stocksCREATE FREE ACCOUNT — Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John's International Inc.| Kyle Wiggers / TechCrunch: |
Enable, which lets B2B companies manage their rebate programs, raised a $94M Series C led by Insight Partners, bringing its total funding to $156M — Enable, a startup selling access to a platform that helps business-to-business (B2B) companies manage their rebate programs … | Kyle Wiggers / TechCrunch: |
RisingWave Labs, which is developing a data stream processing service, raised a $36M Series A led by Yunqi Partners, bringing its total funding to $40M+ — RisingWave Labs, a company developing a platform for data stream processing, today announced that it raised $36 million in a Series …
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| Bryan Pietsch / Washington Post: |
| Bloomberg: |
| Mia Sato / The Verge: |
| Nikhilesh De / CoinDesk: |
| Ann-Marie Alcántara / Wall Street Journal: |
| Jon Porter / The Verge: |