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November 3, 2022, 10:15 AM
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| 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 …
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The Verge, Insider, New York Times, Washington Post, Collective Action in Tech, The Verge, Axios, The Guardian, TheStreet, Gizmodo, TheGamer, Financial Times, Newser, CNBC, TechCrunch, iMore, TechSpot, The Guardian, Coinspeaker, Business Post, Reuters, WRAL TechWire, GSMArena.com, Silicon Republic, International Business Times, TechCircle, New York Post, Engadget, Neowin, and Gizchina
Tweets: @kurtwagner8, @daniellecitron, @sheonhan, @willoremus, @willoremus, @annevclark, @fchollet, @thecryptomonk, @msshanitarenee, @marketurbanism, @mdudas, @schmittnyc, @realdvb, @mattbc, @adamserwer, @zenofdesign, @caseynewton, @cwarzel, @gergelyorosz, @juliahobsbawm, @gergelyorosz, @inafried, @corpaltaddison, @corpaltaddison, @cassiecodes, @nick_craver, @martinsfp, @kurtwagner8, @josephmenn, @kurtwagner8, @heihachimachi, @secretnofun, @lib_crusher, @defnotbeka, @alexeheath, @paulcolgan, @laurenthoman, @parismarx, @hunterwalk, @qualityrye, @kyliebytes, @dandrezner, @arthurschwartz, @arielbogle, @ranimolla, @jasonschreier, @parismarx, @isosteph, @quantian1, @chrislhayes, @dcwoodruff, @caseynewton, @claytravis, and @patblanchfield
| 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 …
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The Verge, The Verge, Bloomberg, MacRumors, TheStreet, Insider, Los Angeles Times, Fossbytes, Newser, Android Headlines, CryptoPotato, Vanity Fair, Reuters, Insider, Daily Mail, City A.M., SlashGear, International Business Times, and Ark Media
Tweets: @davidsacks, @elonmusk, @elonmusk, @aoc, @robertkazinsky, @vitalikbuterin, @elonmusk, @maxboot, @sarahfrier, @williamshatner, @halomancer1, @oliviasolon, @malwaretechblog, @hashtaggriswold, @julian_epp, @blogjam, @caseynewton, @danrather, @daniellecitron, @felixsalmon, @prchovanec, @silvermanjacob, @vitalikbuterin, @arr, @saylor, @simonstalenhag, @neontaster, @joshuaphilll, @kurtwagner8, @robleathern, @steventdennis, @hkesvani, @cobie, @hsajwanization, @matt_levine, @keffals, @johncoogan, @erikvoorhees, @q_review, @thehowie, @rightwingcope, @mepfuller, @timcast, @caitiedelaney, @eliothiggins, @mnateshyamalan, @atrupar, @matt_levine, @malwaretechblog, @dancow, @malwaretechblog, @scottnover, @martinsfp, @gcluley, @cushbomb, and @junlper
| 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
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Metacurity, Quartz, Silicon Republic, Fortune, Light Reading, CNN, TikTok, Security Affairs, China Research Group News, BBC, and The Hacker News
Tweets: @isaacstonefish, @vtchakarova, @mrbcyber, @williamyang120, @brianhonan, and @alexhern
| 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.
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Android Police, MacRumors, Silicon Republic, Thurrott, Engadget, Moneycontrol, XDA Developers, MUO, KnowTechie, BGR, gHacks Technology News, TechCircle, SamMobile, Sky News, Livemint, Memeburn, Daily Mail, Metro.co.uk, CNET, Gizchina, BGR India, Pocket-lint, WABetaInfo, Mashable, Adweek, Wccftech, and The Verge
| 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.
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The Economic Times. Tweets: @twitterdev, @karissabe, @harrymccracken, @carnage4life, @simonw, @twitterdev, @metzinaround, @ashevat, @igorbrigadir, @i_am_daniele, @karissabe, and @igb
| 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.”
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Meta, Facebook, CoinDesk, Ethereum World News, Cryptopolitan, The Block, TechCrunch, CoinDesk, CoinGape, Polygon | Blog, The Verge, Blockchain News, The New Age, Music Ally, Crypto Daily, Livemint, BGR India, Coinspeaker, Cointelegraph, and Crypto Blurt
| Jennifer Surane / Bloomberg: |
Memo: Stripe plans to lay off 14% of its staff, reducing its headcount by 1,000 to almost 7,000, to prepare for “leaner times” — Stripe Inc., one of the world's most valuable startups, will cut more than 1,000 jobs as it seeks to rein in costs ahead of any economic downturn.| 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 …
More:
Dapper Labs, Coinspeaker, Music Ally, CoinDesk, and CryptoPotato
| 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.
More:
Google AI Blog, ZDNet, Silicon Republic, and TechCrunch
Tweets: @jackyliang42 and @haydenfield
| 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 … | 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 …
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The Information
| 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
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The Sun and Guido Fawkes
| 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 …
Tweets: @lizthewhizard, @seldo, @joshua_sisco, and @matthewstoller
| 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 …
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Silicon Republic, IAMAW, and iThinkDifferent
Tweets: @pulledfrmrepair, @flaggedfordepot, and @markgurman
| Adi Robertson / The Verge: |
Whenever US politicians talk about changing Section 230 or regulating Big Tech and websites, they are almost always talking about imperiling the First Amendment — The First Amendment is one of America's most distinctive pieces of law. But as the midterm — and, quickly, the presidential …
Tweets: @evan_greer, @thedextriarchy, @navinram999, @reckless, @senatorshoshana, and @senatorshoshana
| 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.
Tweets: @aipio and @mattburgess1
| 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 …
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The Register, Bloomberg, Financial Times, Lenovo StoryHub, and Coinspeaker
| Aisha Malik / TechCrunch: |
Facebook expands professional mode, letting all creators globally earn money from various monetization programs, including Reels Play bonuses and subscriptions — Meta has announced the global expansion of its professional mode profile setting on Facebook to all creators.| Maria Deutscher / SiliconANGLE: |
Oro Labs, which offers cloud-based tools to help streamline enterprise procurement, raised a $25M Series A led by Norwest Venture Partners and B Capital — Oro Labs Inc., a startup working to ease the work of enterprise procurement teams, today announced that it has secured $25 million in early-stage funding.
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Enterprise Times
| 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.| 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
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Nauta Capital and Silicon Canals
| 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 …
Tweets: @suhail, @suhail, @nikitabase, @nymanobeats, @lilyjclifford, @dcherring, @ishahluwalia, @hadiazouni, and @kylezappitell
| 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 …
More:
Wemade Co., Ltd, ajunews, and GameSpot
| Kyle Barr / Gizmodo: |
Malwarebytes: four malicious Android apps from developer Mobile apps Group, which has deployed malware before, remain on Google Play with millions of downloads — Google is still failing to catch malicious apps from being listed on its app store, but it seems that some developers …
More:
HotHardware and Malwarebytes Labs
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