| 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: |
| 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.| 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.| 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.| 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.| Sharon Goldman / VentureBeat: |
OpenAI releases a DALL-E API in public beta, letting developers integrate DALL-E into their apps and products; the API is priced per image output, based on size — Get ready, developers: Today, OpenAI released the hotly anticipated DALL-E API in public beta, which means developers … | Thomas Brewster / Forbes: |
Police and other sources say Block's Cash App has become a primary payment tool for adult and children sex traffickers due to lax monitoring and user ID rules — The Twitter and Block billionaire made Cash App into a $700 million monster. Now police officers, nonprofit critics and current … | 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 … | 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.| Sarah Perez / TechCrunch: |
Substack announces Chat, which lets writers host discussions with their subscribers, available in the Substack iOS app and coming to Android soon — Another company hoping to capitalize on Twitter's upheaval in the wake of Elon Musk's takeover is the newsletter platform Substack.| 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.”| Sarah Perez / TechCrunch: |
Mastodon says 230,000 people joined its open-source decentralized social network in the past week and the service has hit a record 655,000 active users — Open-source, decentralized social network Mastodon has been benefiting from the chaotic Twitter takeover by Elon Musk.| 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.| Erin Mulvaney / Wall Street Journal: |
Ericsson's Vonage agrees to pay $100M to settle FTC allegations about creating obstacles to canceling internet-based phone services and charging unexpected fees — Agreement with Ericsson subsidiary represents largest penalty in FTC enforcement push to stop companies from creating obstacles to consumer cancellations| 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 … | 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.| 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| 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 … | Joel Khalili / Wired: |
A look at what Elon Musk might do with Twitter's Bluesky “federated social network”; CEO Jay Graber tweeted on October 27 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.
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| Annie Palmer / CNBC: |
| Josh Sisco / Politico: |