Techmeme
October 21, 2022, 2:35 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: Twitter and Elon Musk are preparing to complete his $44B buyout by the October 28 court-issued deadline, as talks between the two have turned cordial  —  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.
Bloomberg:
Sources: the White House is weighing national security reviews for some Elon Musk ventures, including the Twitter deal and Starlink; Twitter's stock is down 4%+  —  Biden administration officials are discussing whether the US should subject some of Elon Musk's ventures to national security reviews …
Kurt Wagner / Bloomberg:
Memo: Twitter told staff there haven't been plans for companywide layoffs since signing the deal with Elon Musk, and that the company 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 VP of Industrial Design Evans Hankey is leaving, after replacing Jony Ive in 2019; sources say Airbnb 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 …
Jennifer Korn / CNN:
When researchers submitted 20 ads with “blatant” voting misinformation, TikTok approved 90%, Facebook approved a “significant number”, and YouTube approved zero  —  New York CNN Business —  Facebook and TikTok failed to block advertisements with “blatant” …
Blake Brittain / Reuters:
Apple sues Masimo, saying the medical tech company “carefully studied Apple's IP” during its patent-infringement lawsuit against Apple to make its W1 watches  —  Apple Inc sued medical technology company Masimo Corp in Delaware federal court on Thursday, accusing its new W1 line …
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 …
Thomas Seal / Bloomberg:
UK's Ofcom proposes changes to net neutrality rules carried over from the EU to give ISPs more flexibility, like offering deals on latency and other parameters  —  UK regulator Ofcom proposed changes to net neutrality rules carried over from the European Union to give telecommunications and internet providers more flexibility.
More: Neowin and Slashdot
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.

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