| 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.| 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.| 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 … | 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: |
| Andrew Throuvalas / Decrypt: |
Anchorage Digital plans to custody a “significant portion” of Apollo Global Management's crypto portfolio and offer crypto custody services to Apollo's clients — The private equity giant that manages half a trillion dollars will use Anchorage for institutional crypto custody.| 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: |
| 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 … | 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.| Jackie Davalos / Bloomberg: |
Uber reports Q3 revenue rose 72% YoY to $8.34B, beating $8.1B estimates; gross bookings rose 26% YoY to $29.1B, including $13.7B from Uber Eats; UBER jumps 10%+ — Uber Technologies Inc. rose after reporting revenue that beat analysts' expectations as gains in ridership assuaged investor concerns … | 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: |
| Amitoj Singh / CoinDesk: |
| Selina Cheng / Wall Street Journal: |