Techmeme
November 3, 2022, 1:35 PM

Top News

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 …
Will Oremus / Washington Post:
Sources: Twitter staff are yet to receive a single official message since Musk took over and are relying on media reports, Musk's tweets, and private chats  —  Workers follow new boss's tweets and share rumors on anonymous apps amid silence from leadership on firings, staff cuts and product changes.
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.
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.
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
Wall Street Journal:
Lyft plans to cut 13% of its 4,000 employees, or nearly 700 jobs, after previously cutting 60 people, or under 2% of its workforce, in July  —  Ride-hailing company, which is cutting 13% of staff, maintained its earnings outlook  —  Lyft Inc. said it is cutting 13% of staff, or nearly 700 jobs …
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.
TechCrunch:
Sources: Ajit Mohan, the head of Meta in India who joined the company in 2019, has left to become the president of Snap's APAC business  —  Ajit Mohan, the head of Meta in India, has left the firm and joined rival Snap, according to sources familiar with the matter.
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.”
Jennifer Pattison Tuohy / The Verge:
Amazon will roll out Matter over WiFi smart home standard to 17 Echo devices in December, initially for Android, supporting smart plugs, bulbs, and switches  —  Amazon will start its Matter journey slowly, bringing support for the new smart home standard to 17 Echo devices in December.
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 …
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 …
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
Sharon Goldman / VentureBeat:
OpenAI releases DALL-E API in public beta, letting developers integrate DALL-E into their apps and products; the API is priced per image  —  Get ready, developers: Today, OpenAI released the hotly anticipated DALL-E API in public beta, which means developers can now integrate DALL-E directly into their apps and products.
More: The Verge

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