| Bloomberg: |
Sources: Elon Musk plans to cut ~3,700 jobs at Twitter, or half of the company's workforce, starting on November 4, and reverse its work-from-anywhere policy — Elon Musk plans to eliminate about 3,700 jobs at Twitter Inc., or half of the social media company's workforce … | Bloomberg: |
Sources: Twitter aims to charge for verification as soon as November 7, give current verified users a multi-month grace period, and make the edit button free — Twitter Inc. aims to start selling blue verification badges for user profiles as soon as next week, part of a plan by new owner Elon Musk … | Dan Milmo / The Guardian: |
TikTok plans to update its privacy policy on December 2 to confirm that its staff outside of Europe, including in China, can access the data of European users — Privacy policy update confirms data of continent's users available to range of TikTok bases including in Brazil, Israel and US| Sarah Perez / TechCrunch: |
WhatsApp announces Communities, a group messaging feature for larger, more structured groups of up to 1,024 people, rolling out worldwide in the coming months — WhatsApp today is officially launching Communities, the new feature offering larger, more structured discussion groups that first entered into testing earlier this year.| Ivan Mehta / TechCrunch: |
Twitter cancels its Chirp developer conference, set for November 16, and says it is building “some things that we're excited to share with you soon” — Twitter is canceling its developer-focused Chirp conference amid management transition, the company said late Thursday.| Sarah Perez / TechCrunch: |
In the coming weeks, Google will update Gmail to show live package tracking for order confirmation emails under the sender's name in the inbox — Google announced today a small but useful update to Gmail that will allow users to soon be able to track their upcoming package deliveries directly from their inbox.| Kate Irwin / Decrypt: |
Meta lets select Instagram creators in the US test a toolkit for minting NFTs and selling them on and off the platform, and says it won't charge fees until 2024 — Instagram will soon have NFT creation and trading tools built in, but in-app purchases will be “subject to applicable app store fees.”| Mark Gurman / Bloomberg: |
Qualcomm expects to provide modem chips for the “vast majority” of iPhones in 2023, retaining its current foothold after previously planning to supply ~20% — Qualcomm Inc. will continue to provide the modem chips for the “vast majority” of iPhones in 2023 … | Meagan Simpson / BetaKit: |
Vancouver-based Dapper Labs, the NFT startup behind CryptoKitties and NBA Top Shot, lays off ~134 staff, or ~22% of its workforce; Dapper Labs has raised $600M+ — Dapper Labs has laid off around 22 percent of its staff, BetaKit has learned. — The company confirmed the layoffs to BetaKit … | Bloomberg: |
Apple's unionized Maryland store files a complaint with the NLRB after Apple withheld medical, educational, and other new benefits given to non-union workers — Apple Inc.'s unionized retail store in Maryland is filing a complaint with the National Labor Relations Board after it was excluded … | Maria Deutscher / SiliconANGLE: |
Google debuts Code as Policies, a tool that uses AI models to generate code for robots to perform a variety of tasks, under an open-source license on GitHub — Google LLC today debuted an internally developed software tool that can reduce the amount of effort involved in training a robot to perform new tasks.| Bloomberg: |
Preqin: Chinese VC deals fell 44% YoY in October to $62.1B, of which $7.9B went to semiconductor companies, up from $6.3B in 2021 — Venture capital investments in China are falling sharply this year, making it one of the worst-performing countries globally after the Communist Party's crackdown … | Mia Sato / The Verge: |
Patreon launches a native ad-free video hosting tool for creators, expanding on support for third-party players, available to a select group in beta — The update marks a major shift in how creators on Patreon can share video content with fans. Previously, creators had to upload videos … | Josh Sisco / Politico: |
Sources: the US DOJ is preparing to open an in-depth probe into Adobe's $20B acquisition of Figma and has been contacting customers, competitors, and investors — The Justice Department is preparing to open an in-depth investigation of Adobe's $20 billion takeover of design collaboration company Figma … | Chloe Chaplain / The i Paper: |
Source: the UK plans to remove the Online Safety Bill's controversial “legal but harmful” content rules, leaving them only for material targeted at children — EXCLUSIVEThe Bill is due to be brought back to Parliament later this month after it was delayed over the summer| Manish Singh / TechCrunch: |
South Korea-based Wemade, which develops the Wemix blockchain gaming platform, raised ~$46M from Microsoft, Shinhan Asset Management, and Kiwoom Securities — Microsoft has backed Wemade, a popular video game developer that has made aggressive bets on blockchain in recent years … | Todd Spangler / Variety: |
Roku reports Q3 revenue up 12% YoY to $761.4M, vs. $694M est., 21.9B streaming hours, and 2.3M active accounts added; the stock drops 18%+ on weak Q4 guidance — Roku handily topped Wall Street estimates for the third quarter of 2022, as the streaming platform and media company packed … | Reuters: |
| Matt Burgess / Wired: |
Egypt is one of the internet's most prominent choke points thanks to 16 subsea cables carrying ~17% of the world's internet traffic touching land in the country — Underwater cables keep the internet online. When they congregate in one place, things get tricky.| Fiona Alston / Tech.eu: |
Barcelona-based Lodgify, which offers SaaS tools for managing rental properties on Airbnb and other platforms, raised a $30M Series B led by Octopus Ventures — The Spanish firm's one stop digital shop for hosts and property managers hopes to capture 80% of the short-term rental market by concentrating on SMEs| Josh Ye / Reuters: |
Lenovo reports Q2 revenue down 4% YoY to $17.09B, above estimates, the first decline in 10 quarters as pandemic-fueled global PC demand weakens — China's Lenovo Group (0992.HK) reported its first revenue decline in 10 quarters as a pandemic-fuelled computer sales boom comes to an end … | Joel Khalili / Wired: |
A look at Twitter's Bluesky “federated social network” project under Elon Musk; CEO Jay Graber recently tweeted that she is “very glad we're independent” — For years, the platform has funded a project that's meant to create a better, decentralized online experience.| Benj Edwards / Ars Technica: |
Meta AI researchers unveil Encodec, a neural network trained to compress audio at a ~10x rate compared with the MP3 format at 64Kbps, without a loss in quality — Technique could allow high-quality calls and music on low-quality connections. — Last week, Meta announced …
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| Tom Warren / The Verge: |