Techmeme
October 28, 2022, 12:55 PM

Top News

Washington Post:
Elon Musk takes over Twitter and fires several top executives, including CEO Parag Agrawal, CFO Ned Segal, and policy head Vijaya Gadde  —  Musk's $44 billion deal to acquire the social media company closed on Thursday night  — Elon Musk became Twitter's owner late Thursday …
More: Wall Street Journal, Reuters, Bloomberg, The Verge, TechCrunch, New York Times, Insider, Reuters, Reuters, Bloomberg, Fortune, Bloomberg, Decrypt, CNN, CNN, TheStreet, The Hill, Bloomberg, Insider, Bloomberg, Club386, The Economic Times, Thurrott, Livemint, New York Times, The Irish Times, Axios, CoinDesk, Associated Press, The Atlantic, Axios, Redmond Pie, MobileSyrup, Mashable, BuzzFeed News, Global Nerdy, Washington Post, SlashGear, Forbes, KnowTechie, Android Central, CoinGape, BBC, Social Signals, The Addition, Metaverse Post, CNBC, Wired UK, Financial Times, Neowin, TheGamer, Wired, Tech.co, USA Today, New York Times, Watcher Guru, Blockworks, Coinspeaker, Protos, Bitcoinist.com, Firstpost Tech, Pocket-lint, CryptoPotato, BGR India, Silicon Republic, Insider, Broadband TV News, MacRumors, TechCrunch, and Ethereum World News
Nilay Patel / The Verge:
“Welcome to hell, Elon”: Musk won't be able to grow Twitter users and revenue without compromises and realizing that content moderation is the main product  —  You break it, you buy it. … Twitter is a disaster clown car company that is successful despite itself …
Bloomberg:
Source: Elon Musk plans to become Twitter CEO, but may cede the role, and reverse lifetime bans, including eventually for Donald Trump  —  Elon Musk plans to assume the role of chief executive officer at Twitter Inc. after completing his $44 billion acquisition, taking the helm …
Kate Conger / New York Times:
Elon Musk takes Twitter private, merging the company with X Holdings, delisting from NYSE, dissolving the board, and moving to cash-based employee compensation  —  The social media company went public in 2013.  But Elon Musk is taking it private as part of his acquisition of the firm.
Anders Melin / Bloomberg:
Analysis: with Elon Musk cleaning out Twitter's executive ranks, CEO Parag Agrawal is eligible to receive ~$50M, CFO Ned Segal $37M, and Vijaya Gadde $17M  —  Three of Twitter Inc.'s top executives who were said to be fired after Elon Musk completed his takeover are poised to collect …
Todd Spangler / Variety:
Bloomberg:
Apple:
Apple reports record Q4 revenue up 8% YoY to $90.1B, net income up 1% YoY to $20.7B, and annual revenue up 8% YoY to $394.3B; stock is up 6%+  —  September quarter record for Revenue and EPS  —  Active installed base of devices reaches all-time high for all major product categories
Kif Leswing / CNBC:
Michael Potuck / 9to5Mac:
Apple says it has awarded researchers ~$20M total, including 20 rewards of $100K+ each for high-impact issues, since opening its bug bounty in December 2019  —  Along with announcing its new Lockdown Mode feature this past summer, the company mentioned an upgraded bounty program, a donation to fund ethical security research, and more.
Amazon:
Sarah Perez / TechCrunch:
Responding to user feedback, YouTube splits video content into three tabs on channel pages: Videos, Shorts, and Live  —  YouTube is rolling out a change impacting how videos appear on its platform.  The company today announced a redesign that now splits video content into three different tabs …
Meghan Bobrowsky / Wall Street Journal:
Earnings from Amazon, Microsoft, Meta, Alphabet, Intel, and others signal the tech boom is over, as inflation, lower demand, and interest rates weigh on results  —  Tech giants embark on belt tightening to ease investor concerns over slowing growth  —  A week of earnings by big technology companies …

Sponsor Posts

Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Prospect:
A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
Zoho:
The evolution of remote support in telecommunications  —  Remote support, once a novel concept, has now become an indispensable tool in the telecom industry.  It offers a way to troubleshoot issues …
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Big Technology Podcast:
OpenAI's Big Week, Did Google Kill The Web, AWS CEO Resigns
The Big Technology Podcast, hosted by journalist Alex Kantrowitz, takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Techmeme Ride Home:
Fri. 05/17 - Reddit Embraces Its AI Role
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:55 PM ET, October 28, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Ari Levy / CNBC: