Techmeme
October 21, 2022, 12:05 PM

Top News

Washington Post:
Docs: if Elon Musk buys Twitter, he plans to cut nearly 75% of staff; otherwise, Twitter aims to cut payroll by ~$800M by the end of 2023, ousting ~25% of staff  —  Previously unreported details shed new light on Twitter's motivations for selling the company — and Elon Musk's plans to transform it
Bloomberg:
Sources: White House is weighing subjecting some Musk ventures, including the Twitter deal and Starlink, to national security reviews; Twitter stock is down 5%+  —  Biden administration officials are discussing whether the US should subject some of Elon Musk's ventures to national security reviews …
Bloomberg:
Sources: Twitter and Elon Musk are preparing for his buyout to be completed by the October 28 court-issued deadline, thanks to a breakthrough between both sides  —  Advisers to Twitter Inc. and Elon Musk are hard at work trying to get the $44 billion deal closed by the end of the month, according to people familiar with the matter.
Kurt Wagner / Bloomberg:
Memo: Twitter told staff that there haven't been plans for companywide layoffs since it signed a deal with Elon Musk, and that it can't confirm Musk's plans  —  Twitter Inc., confronting reports that Elon Musk aims to gut its workforce as part of his takeover, told staff that there haven't been plans …
Mark Gurman / Bloomberg:
Apple's VP of industrial design Evans Hankey is leaving, after replacing Jony Ive in 2019; sources: Airbnb's VP of design Gary Butcher is returning to Apple  —  Apple Inc.'s head of hardware design, Evans Hankey, is leaving the iPhone maker three years after taking the role …
Emily Baker-White / Forbes:
Documents: a China-based ByteDance audit and risk control team planned to collect TikTok location data of specific US citizens never employed by the company  —  The project, assigned to a Beijing-led team, would have involved accessing location data from some U.S. users' devices without their knowledge or consent.
Blake Brittain / Reuters:
Apple sues Masimo, says the medical tech company “carefully studied Apple's IP” during its patent-infringement suit against Apple in order to make its W1 watch  —  Apple Inc sued medical technology company Masimo Corp in Delaware federal court on Thursday, accusing its new W1 line …
Ben Schoon / 9to5Google:
YouTube announces YouTube Premium's first major price hike, increasing the family plan from $17.99/month to $22.99/month, or $29.99/month in the App Store  —  YouTube Premium is getting its first major price hike as the service will now charge $22.99 per month for its family plan.
Mayank Parmar / Windows Latest:
Microsoft publishes the first Windows Subsystem for Android roadmap, including Android 13, file transfer support, picture-in-picture, and local network access  —  Microsoft has been rolling out several updates for the Windows Subsystem for Android on Windows 11.
Mia Sato / The Verge:
Amazon quietly shuts down Fabric.com, an online retailer of fabrics, trims, notions, and other supplies since 1999; Amazon acquired the company in 2008  —  Crafters, home sewists, and small businesses will soon lose a major online fabric source. … Since launching in the late '90s …

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