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October 31, 2022, 10:00 AM
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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, 9to5Mac, AppleInsider, The Economic Times, Tech Advisor, Engadget, New York Post, Bloomberg, PCMag, KnowTechie, BGR, MediaNama, ExchangeWire.com, TechCrunch, iPhone in Canada Blog, Android Headlines, Morning Shots, TechSpot, TechRadar, Deadline, TechCircle, City A.M., iPhone Hacks, CoinGape, Neowin, The Week, Pocket-lint, Watcher Guru, Wccftech, iMore, Social Media Today, TheGamer, and Firstpost Tech
Tweets: @elonmusk, @alexeheath, @reckless, @jason, @stephenking, @alexeheath, @elonmusk, @gergelyorosz, @antoniogm, @mattyglesias, @tszzl, @cd_hooks, @martinslewis, @nickstatt, @trustnobis, @mmasnick, @k8em0, @i_zzzzzz, @rob_sheridan, @nickstatt, @nickstatt, @mattwalshblog, @ernopp, @tszzl, @sarthakgh, @katzonearth, @danprimack, @krishnanrohit, @privacylaw_jjw, @alexhern, @taylorlorenz, @pt, @gergelyorosz, @iamtexture, @fawfulfan, @fawfulfan, @sethanikeem, @can, @dangillmor, @rcmb323, @joannastern, @petekeeley, @fg_dolan, @bchesky, @mattblaze, @bradmossesq, @stevenglinert, @drmistercody, @reckless, @jeremymonjo, @ericgeller, @gerritd, @hiattb, @mattblaze, @michaelaokla, @kendrawrites, @emmetpeppers, @joshtpm, @jackbutcher, @edbott, @simplylay, @profcarroll, @hotchnersgf, @can, @lukeplunkett, @turnernovak, @jburnmurdoch, @eric_seufert, @megreenwell, @calebsaysthings, @pwnallthethings, @andrewwrites, @chescaleigh, @kevincollier, @malwaretechblog, @gergelyorosz, @normcharlatan, @adrierising, @dalailama, @kimzetter, @joesiegler, @mikalfm, @michaelcrider, @maxberger, @tomwarren, @jbouie, @pwnallthethings, @moorehn, @kevinrose, @seangentille, @peteblackburn, @matthew_d_green, @joshtpm, @parismarx, @cyynapse, @oranicuhh, @alexrkonrad, @tahk0, and @joshuagrubbsphd
| 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, Financial Times, ZDNet, Insider, Twitter Help Center, International Business Times, Reuters, MacRumors, CoinGape, crypto.news, The Economic Times, XDA Developers, Engadget, New York Post, and Livemint
Tweets: @caseynewton, @tiffanycli, @brendannyhan, @emilygorcenski, @broderick, @ketanj0, @hankgreen, @blackamazon, @sarahfrier, @g_e_anderson, @iamjohnales, @ascannerburkely, @pjbrown_iii, @nedostup, @anylaurie16, @robynelyse, @bboy_izilla, @mmasnick, @acnewman, @davekarpf, @pippuri, @geekgirldiva, @brianyoung, @mgerrydoyle, @cfq, @cari_luna, @demsinarray, @jamessurowiecki, @noahpinion, @davidoatkins, @iansherr, @edbott, @tyburr, @alwaystheself, @jhweissmann, @joshuamzeitz, @jtemple, @jamesgleick, @stephenwarwick9, @mattgurney, @justkelly_ok, @trentbwrites, @tcarmody, @r0wdy_, @brookeobie, @kazweida, @tonyromm, @saintsforecast, @enerianna, @adamsinger, @tcarmody, @coreyschreppel, @nichcarlson, @ronjeffries, @todgoldberg, @petergleick, @danushman, @shahmiruk, @jtemple, @malwaretechblog, @randyrenstrom, @tiffanycli, @exiledsurfer, @mattgertz, @mmasnick, @laurendane, @felixsalmon, @martinsfp, @meghanor, @pbump, @lancestorm, @klasfeldreports, and @hinadirah
| Washington Post: |
Source: Elon Musk plans to lay off 25% of Twitter's workforce 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, Video Games Chronicle, Insider, The Economic Times, Livemint, NBC News, Reuters, Tech News, New York Post, Financial Times, The Hill, and BGR India
Tweets: @mikeisaac, @elonmusk, @taylorleese, @caspiancey, @ericuman, @massawyrm, @b52malmet, @parismartineau, @carlquintanilla, @johnmcquaid, @techwontsaveus, @daveyalba, @shiraovide, @gergelyorosz, @faizsays, @johnhawkinsrwn, @teddyschleifer, @bruceqburke, @jdcmedlock, @taylorleese, @mmasnick, @shannonpareil, @kylesouther1, @davidheniguk, @grady_booch, @washingtonpost, and @amandarivkin
| 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:
Axios. Tweets: @scottnover, @jimmyjazz1968, @jimmyjazz1968, @gartmartin9, @clarajeffery, @allanbell247, @russbengtson, @carnage4life, @ncweaver, @matthew_d_green, @dasvee, @ncweaver, @laurenshirsch, @carnage4life, @traskjd, @obrien, @obrien, @briantashman, and @nytimes
| Alex Heath / The Verge: |
Sources: Elon Musk directed Twitter executives to quietly change the homepage for logged out users to the Explore page, instead of a sign-up form, on October 28 — On his first day, Twitter's new ‘Chief Twit’ quietly changed the homepage to send a message.
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WRAL TechWire, Protocol, Axios, Coinspeaker, and SlashGear
Tweets: @sriramk, @alexeheath, @nickrw, @alexeheath, @joshelman, @bendreyfuss, @tomwarren, @nycsouthpaw, @can, @sarafischer, @goldman, @broderick, @carnage4life, @dansaltzstein, @noahpinion, and @sharonodea
| Financial Times: |
Sources detail the twists and turns in Elon Musk's $44B Twitter takeover, starting in March, falling apart, and then 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:
The Economic Times and The Guardian
Tweets: @sindap, @marioescribano_, @matt_levine, and @mroliverbarnes
| Alyssa Lukpat / Wall Street Journal: |
The top 20 tech billionaires globally have lost $480B+ on paper in the past year; Mark Zuckerberg's wealth drops by $87B+, Elon Musk and Jeff Bezos by $58B+ — Moguls including Mark Zuckerberg and Jeff Bezos have collectively lost more on paper than the market values of most S&P 500 companies
More:
Bloomberg, Axios, and Daily Mail
Tweets: @steventdennis, @mattyglesias, @iseff, @robinwauters, @gunnelswarren, @fmanjoo, @rwang0, and @nspector4
| Selina Cheng / Wall Street Journal: |
Inside Foxconn's Zhengzhou iPhone plant as the company grapples with a weekslong COVID-19 outbreak during a critical period, leading to harsh lockdown measures — 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, Financial Times, 9to5Mac, Associated Press, PYMNTS.com, The Information, MacRumors, AppleInsider, Reuters, TheStreet, Bloomberg, Bloomberg, Financial Times, iPhone in Canada Blog, MacDailyNews, Neowin, Tech Xplore, South China Morning Post, Barron's Online, South China Morning Post, Pandaily, Insider, Nikkei Asia, iMore, and Livemint
| Rachel Sharp / The Independent: |
In a now-deleted tweet replying to Hillary Clinton, Elon Musk shared a lurid, baseless conspiracy theory about the hammer attack on Nancy Pelosi's husband Paul — Billionaire peddled the conspiracy theory on Twitter just days after he completed his takeover of the social media platform
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Mercury News, Gizmodo, CNN, New York Post, Los Angeles Times, Washington Post, NBC News, Today's Edition Newsletter, and Robert Reich
Tweets: @elonmusk, @daveyalba, @elonmusk, @jason_a_w, @bgrueskin, @urbanachievr, @jimmykimmel, @jsrailton, @hankgreen, @seldo, @donmoyn, @tomcoates, @jtemple, @justinhendrix, @juddlegum, @roarquette, @dappergander, @pt, @froomkin, @oneunderscore__, @mmasnick, @wkamaubell, @dandrezner, @dynamicsymmetry, @reckless, @cbouzy, @keitholbermann, @passantino, @drericding, @timjacobwise, @keitholbermann, @ruskin147, @cbouzy, @davidfolkenflik, @vladsavov, @mehdirhasan, @chris_meloni, @jsrailton, @grogsgamut, and @johnjharwood
| 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 by the end of November — A pilot for a retail version will start within a month. — India's central bank will introduce a pilot wholesale central bank digital currency … | Justin Ling / Wired: |
Doreen Bogdan-Martin's election to the UN's ITU, beating the Russian candidate, signals support for a US-backed open internet, but significant issues remain — Open-internet advocates are breathing a sigh of relief after a recent election for the International Telecommunications Union's top leadership.
Tweets: @justin_ling
| Khari Johnson / Wired: |
An interview with Gerard de Graaf, the director of a new EU office in San Francisco, on the DMA coming into force on November 1 and its impact on tech companies — The Digital Markets Act will force big tech platforms to break open their walled gardens in 2023, says the EU's new ambassador to Silicon Valley.
Tweets: @tariqkrim
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