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October 31, 2022, 2:40 PM
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| Alex Heath / The Verge: |
Sources: Twitter could make Twitter Blue a $20/month subscription that verifies users; staff have until November 7 to build the feature or face being fired — Now that he owns Twitter, Elon Musk has given employees their first ultimatum: Meet his deadline to introduce paid verification on Twitter or pack up and leave.
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BBC, Moneycontrol, Garbage Day, Associated Press, Financial Times, Bloomberg, VICE, PYMNTS.com, CNN, Insider, ZDNet, TechCrunch, The Hill, Ars Technica, Reuters, TIME, Digital Trends, PCMag, Fortune, WRAL TechWire, Tubefilter, Techdirt, SlashGear, MobileSyrup, Droid Life, CryptoPotato, PLYR1NE Newsletter, Variety, New York Post, iPhone Hacks, CoinGape, Engadget, Neowin, TechSpot, Android Headlines, The Economic Times, Watcher Guru, BGR, iMore, Deadline, MSPoweruser, TechRadar, KnowTechie, iPhone in Canada Blog, City A.M., Tech Advisor, MediaNama, TechCircle, ExchangeWire.com, TheGamer, and Firstpost Tech
Tweets: @elonmusk, @jason, @reckless, @alexeheath, @elonmusk, @stephenking, @alexeheath, @cd_hooks, @nickstatt, @antoniogm, @mmasnick, @astrokatie, @tszzl, @i_zzzzzz, @gergelyorosz, @trustnobis, @k8em0, @martinslewis, @mattyglesias, @danslott, @chey_cobb, @sm, @mexopolis, @taylorlorenz, @sethanikeem, @iamtexture, @can, @dangillmor, @asharangappa_, @rcmb323, @joannastern, @petekeeley, @fg_dolan, @bchesky, @katzonearth, @mattblaze, @bradmossesq, @evan_greer, @stevenglinert, @drmistercody, @privacylaw_jjw, @reckless, @jeremymonjo, @ericgeller, @mattwalshblog, @gerritd, @tszzl, @hiattb, @mattblaze, @michaelaokla, @pt, @kendrawrites, @emmetpeppers, @joshtpm, @jackbutcher, @edbott, @simplylay, @profcarroll, @alexhern, @fawfulfan, @hotchnersgf, @sarthakgh, @can, @ernopp, @lukeplunkett, @turnernovak, @jburnmurdoch, @eric_seufert, @megreenwell, @krishnanrohit, @calebsaysthings, @thestalwart, @pwnallthethings, @fawfulfan, @andrewwrites, @chescaleigh, @kevincollier, @nickstatt, @danprimack, @malwaretechblog, @gergelyorosz, @normcharlatan, @adrierising, @dalailama, @kimzetter, @joesiegler, @mikalfm, @rob_sheridan, @michaelcrider, @maxberger, @tomwarren, @runasand, @jbouie, @pwnallthethings, @moorehn, @kevinrose, @seangentille, @peteblackburn, @matthew_d_green, @joshtpm, @parismarx, @cyynapse, @oranicuhh, @alexrkonrad, @tahk0, @joshuagrubbsphd, @gergelyorosz, @disinformeddan, and @benjaminwittes
| Casey Newton / Platformer: |
Sources: Twitter is strongly considering taking away its verified users' badges if they don't subscribe to Twitter Blue — Under pressure to generate revenue quickly, Twitter's new CEO considers ending free verification — Twitter is strongly considering making its users pay to remain verified …
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The Guardian, TechCrunch, Gizmodo, Thurrott, Insider, SlashGear, Ron Placone, CoinGape, Twitter Help Center, Bloomberg, MobileSyrup, Android Central, Internet Governance Project, International Business Times, ZDNet, crypto.news, PCMag, and MacRumors
Tweets: @caseynewton, @tiffanycli, @brendannyhan, @emilygorcenski, @hankgreen, @broderick, @ketanj0, @blackamazon, @g_e_anderson, @mgerrydoyle, @cfq, @evleaks, @alwaystheself, @jhweissmann, @mattgurney, @justkelly_ok, @trentbwrites, @epiellie, @danushman, @shahmiruk, @malwaretechblog, @randyrenstrom, @tiffanycli, @mattgertz, @mmasnick, @klasfeldreports, and @hinadirah
| Washington Post: |
Source: Elon Musk plans to lay off 25% of Twitter's 7,000+ staff in the coming days, focusing on sales, product, engineering, legal, and trust and safety — The first round of layoffs, led by his lawyer Alex Spiro, will target 25 percent of the workforce — SAN FRANCISCO …
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Washington Post, Ars Technica, The Atlantic, Video Games Chronicle, The Guardian, Fortune, San Francisco Business Journal, Reuters, iPhone in Canada Blog, Insider, New York Post, Financial Times, Bloomberg, The Economic Times, NBC News, and WRAL TechWire
Tweets: @mikeisaac, @elonmusk, @taylorleese, @massawyrm, @ericuman, @caspiancey, @washingtonpost, @taylorleese, @lizzadwoskin, @faizsays, @washingtonpost, @washingtonpost, @washingtonpost, @washingtonpost, @catstaggs, @r0wdy_, @lukeplunkett, @garywhitta, @carnage4life, @teddyschleifer, @bruceqburke, @jdcmedlock, @shiraovide, @mmasnick, @tomgara, @carlquintanilla, @shannonpareil, @hacks4pancakes, @kylesouther1, @davidheniguk, @grady_booch, @washingtonpost, @techwontsaveus, @johnhawkinsrwn, @amandarivkin, @ruskin147, @johnmcquaid, @daveyalba, @parismartineau, @katymontgomerie, and @gergelyorosz
| Lauren Hirsch / New York Times: |
Twitter faces ~$1B per year in interest expenses after Elon Musk's deal added ~$13B in debt, up from ~$50M in 2021 when operations generated ~$633M in cash flow — Mr. Musk faces financial challenges in owning Twitter. The site frequently loses money and took on $13 billion in debt for the blockbuster deal.
More:
Bloomberg, The Verge, Insider, TechCrunch, and Axios
| Financial Times: |
Sources detail the twists and turns in Elon Musk's $44B Twitter takeover, starting in late March 2022, falling apart in July, and closing late on October 27 — Even as his $44bn buyout came down to the wire, Elon Musk kept Twitter guessing. — Normally, lawyers and advisers on each side …
More:
SlashGear, The Guardian, and The Economic Times
Tweets: @sindap, @marioescribano_, @matt_levine, and @mroliverbarnes
| Alex Heath / The Verge: |
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Decrypt, Insider, The Economic Times, SlashGear, Digit, Dinner Table Don'ts, New York Post, and Coinspeaker
Tweets: @sriramk, @alexeheath, @nickrw, @alexeheath, @joshelman, @mniehaus, and @dansaltzstein
| Alyssa Lukpat / Wall Street Journal: |
The world's top 20 tech billionaires have lost $480B+ on paper in 2022; Mark Zuckerberg's wealth dropped by $87B+, and Elon Musk and Jeff Bezos lost $58B+ each — Moguls including Mark Zuckerberg and Jeff Bezos have collectively lost more on paper than the market values of most S&P 500 companies
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Bloomberg, Fortune, Axios, Daily Mail, and Philip Elmer‑DeWitt
Tweets: @steventdennis, @mattyglesias, @robinwauters, @gunnelswarren, @fmanjoo, @rwang0, @nspector4, and @iseff
| Selina Cheng / Wall Street Journal: |
Inside Foxconn's Zhengzhou iPhone plant as the company uses harsh lockdown measures to try to contain a weekslong COVID-19 outbreak in a crucial ordering period — As it adheres to Beijing's strict epidemic controls, Apple's biggest smartphone assembler scrambles to keep production lines moving
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Reuters, Insider, Financial Times, AppleInsider, Financial Times, 9to5Mac, AppleInsider, Associated Press, Fortune, Nikkei Asia, The Guardian, Financial Times, City A.M., The Mac Observer, WinBuzzer, iThinkDifferent, Associated Press, Bloomberg, PYMNTS.com, The Information, Bloomberg, iPhone in Canada Blog, MacDailyNews, iMore, BGR, Neowin, and South China Morning Post
| Natasha Singer / New York Times: |
The FTC accuses homework help app Chegg of security lapses, such as ~40M users' personal info and passwords stolen in 2018; Chegg agrees to boost data security — Chegg, a homework help app, exposed the data of 40 million users, including details about some students' sexual orientation and religion …
More:
Federal Trade Commission, BleepingComputer, Engadget, and Reuters
Tweets: @frankcatalano and @natashanyt
| Wall Street Journal: |
TuSimple's board fires CEO Xiaodi Hou after finding that the company shared confidential information with Chinese trucking startup Hydron; the stock drops 44%+ — Self-driving trucking company's leadership faces federal investigations into whether it improperly financed and transferred technology to a Chinese startup
More:
FreightWaves and Reuters
| Wall Street Journal: |
More:
Forbes, TechCrunch, PingWest, The Verge, TuSimple Holdings, Inc., and FreightWaves
Tweets: @niubi, @john__rosevear, and @byron_wan
| Amanda Hoover / Wired: |
Some Twitter users, concerned about Elon Musk's ownership, are moving to alternative platforms, including Mastodon, which has seen sign-ups surge, and Discord — Discord, Mastodon and other services are bustling as Twitter fans make backup plans for their online social lives.
More:
TechCrunch, The Verge, SlashGear, and Bloomberg
Tweets: @joinmastodon, @joinmastodon, @joinmastodon, @mer__edith, @sgirardclos, @joinmastodon, @zeithistoriker, @mjg59, @davewiner, @uint8_t, @dsquintana, @1br0wn, and @blakereid
| Amitoj Singh / CoinDesk: |
The Reserve Bank of India plans to begin testing its CBDC on November 1, with nine banks participating, and a retail version in select locations within a month — A pilot for a retail version will start within a month. — India's central bank will introduce a pilot wholesale central bank digital currency …
More:
Reuters, Moneycontrol, Cointelegraph, BGR India, The Indian Express, and The Economic Times
| The Intercept: |
An investigation details the US DHS' ongoing plans to police misinformation on COVID-19, Afghanistan, Ukraine, and more; Meta built a portal to flag content — The Department of Homeland Security is quietly broadening its efforts to curb speech it considers dangerous, an investigation by The Intercept has found.
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GovTech. Tweets: @lhfang, @theintercept, @rogerdhodge, @jackshafer, @jessespector, @kenklippenstein, and @thackerpd
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Tweets: @elonmusk, @daveyalba, @jsrailton, @hankgreen, @justinhendrix, @jason, @donmoyn, @yair_rosenberg, @tomcoates, and @juddlegum