| James Ball / New Statesman: |
Elon Musk's plan to monetize Twitter verification would generate marginal revenue, even at $20/month, and create myriad problems, including enabling spammers — Elon Musk's latest brainwave risks alienating the users Twitter depends on and would expose it to lawsuits.| Alexandra Bruell / Wall Street Journal: |
Sources: Twitter is planning to end the ability of Twitter Blue subscribers to access ad-free articles from hundreds of publishers — The move comes as the company's new owner, Tesla Chief Executive Elon Musk, makes sweeping changes from high-profile firings to product updates since closing the $44 billion deal last week.| Bloomberg: |
Sources: Twitter froze some staff access to content moderation and policy enforcement tools, raising worries about a misinformation spike before the US midterms — Twitter Inc., the social network being overhauled by new owner Elon Musk, has frozen some employee access to internal tools used … | Axios: |
Sources: Elon Musk told Twitter engineers to work on a Vine reboot that may be ready by the end of 2022; Twitter acquired Vine in 2012 and shut it down in 2016 — Elon Musk has instructed Twitter engineers to work on a Vine reboot that could be ready by year end, multiple sources tell Axios.| Lora Kolodny / CNBC: |
Sources: Elon Musk asks trusted staff from his other companies, including 50+ from Tesla, two from Boring Company, and one from Neuralink, to help at Twitter — - Tesla CEO Elon Musk, now sole director and CEO of Twitter, is asking employees of the social network to redesign their subscription and verification systems within one week.| David Pierce / The Verge: |
YouTube rolls out Primetime Channels in the US, with shows and movies from 35 partners, including Paramount+ and Epix, and plans to add NBA League Pass soon — Streaming services are coming to YouTube. The company is rolling out a new feature called Primetime Channels that will bring shows … | Kali Hays / Insider: |
SEC filing: Jack Dorsey rolled over his remaining 2.4% stake in Twitter, worth $1B+, into X Holdings, which Elon Musk didn't have to pay to acquire the company — - Dorsey left his second stint as CEO of Twitter last year. — A co-founder of the platform and friend of Musk, he's been supportive of the $44 billion takeover.| Matt Levine / Bloomberg: |
| Financial Times: |
| Mark Gurman / Bloomberg: |
Sources: Apple VP of Online Retail Anna Matthiasson is leaving the company, to be replaced by Karen Rasmussen; CIO Mary Demby is retiring after three decades — Apple Inc.'s top executives in charge of its online retail store and information-systems divisions are stepping down … | Andy Robinson / Video Games Chronicle: |
Sony reports PlayStation Plus subscribers declined to 45.4M in Q2, down from 47.3M in Q1, and PlayStation Network MAUs dropped to 102M in Q2 from 103M in Q1 — PlayStation Plus subscribers have dropped by nearly 2 million users since the revamped service launched in June.| Steve Dent / Engadget: |
| Nikhilesh De / CoinDesk: |
Coinbase asks to file an amicus brief to back Ripple's case against the US SEC, which sued Ripple in 2020 for selling XRP as an allegedly unregistered security — The crypto exchange joins a trade group and other groups in arguing the SEC's case threatens the broader industry.| New York Times: |
After a slow start, Donald Trump's Truth Social has passed Gab, Parler, and other right-wing social media in unique visitors, largely due to Trump posting — The right-wing social network faces two federal investigations and an uncertain financial future. But it has still managed to outpace its rivals.| Josh Ye / Reuters: |
China releases its first VR plan, aiming for its domestic industry to ship over 25M devices by 2026; IDC says China shipped just over 500K VR devices in H1 2022 — China released its first action plan dedicated to virtual reality on Tuesday, with an aim its industry ship more than 25 million devices … | Financial Times: |
Sources: Morgan Stanley and six banks plan to hold $12.7B in debt from Elon Musk's Twitter buyout until early 2023, pending a clearer business plan from Musk — Lenders concede they will struggle to drum up demand until Elon Musk unveils detailed strategy — Banks that lent $12.7bn …
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| Nilay Patel / The Verge: |
| Kate Kaye / Protocol: |
| Vikas SN / Moneycontrol: |
| Natasha Singer / New York Times: |
| Selina Cheng / Wall Street Journal: |