Techmeme
November 1, 2022, 6:20 AM

Top News

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.
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 …
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.
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:
Washington Post:
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.
Ben Thompson / Stratechery:
Debunking five myths that may be sinking Meta's stock, including claims of Facebook users deserting, Instagram engagement falling, and TikTok dominating  —  What happened to Meta last week — and my response to it — expressed in meme-form:  —  In 2018, the market was panicking …
Steve Dent / Engadget:
Sony reports Q2 gaming revenue rose 12% YoY to $4.92B and ships 3.3M PS5 units, flat YoY, bringing total sales to 25M; software sales fell to 62.5M units  —  In its latest earnings drop, Sony said it sold 3.3 million PlayStation 5s this quarter, matching exactly what it did last year …

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More News

Kate Kaye / Protocol:
Natasha Singer / New York Times:

Earlier Picks

Amanda Hoover / Wired:
The Intercept:
Selina Cheng / Wall Street Journal: