| Bloomberg: |
Sources: hundreds of Foxconn workers at the iPhone plant in Zhengzhou clashed with security guards as protests erupted over unpaid wages and COVID-19 fears — Hundreds of workers at Apple Inc.'s main iPhone-making plant in China clashed with security personnel, as tensions boiled over after almost … | Nikhilesh De / CoinDesk: |
SBF claims FTX had ~$60B in collateral in spring 2022, before a credit squeeze, market selloff, and “run on the bank” reduced it to $9B and led to bankruptcy — The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.| Berber Jin / Wall Street Journal: |
| Ken Sweet / Associated Press: |
| AJ Vicens / CyberScoop: |
In its Q3 Adversarial Threat Report, Meta attributes a pro-US campaign to US military-run phony Facebook accounts, Pages, Groups, and Instagram accounts — People associated with the U.S. military were behind dozens of phony Facebook accounts, more than a dozen pages, a pair of groups … | Jeff Horwitz / Wall Street Journal: |
| Taylor Lorenz / Washington Post: |
An interview with @dril on Elon Musk's Twitter, which he says is “a work in progress”, like Hyperloop, and will be a “beautiful thing at the end of the day” — The ‘patron saint of the internet’ tells The Post he'll never pay for verification but will learn to code if Musk offers him a job| Anton Shilov / Tom's Hardware: |
Research: discrete and integrated GPU shipments fell 25.1% YoY to 75.5M in Q3, desktop GPUs fell 15.43% YoY, and notebook 30% YoY, the biggest drop since 2009 — Intel solidifies GPU positions amid graphics market slump. — Shipments of integrated and discrete graphics processing units dropped … | David Dayen / American Prospect: |
A look at a letter from March by four GOP and four Democratic House members discouraging the SEC from probing crypto firms; five had donations from FTX staff — The Securities and Exchange Commission was seeking information from collapsed cryptocurrency exchange FTX earlier this year … | Sergiu Gatlan / BleepingComputer: |
Windows Subsystem for Linux is now generally available for Windows 10 and 11 via the Microsoft Store, as Microsoft makes the Store version of WSL the default — Microsoft announced today that the Store version of Windows Subsystem for Linux (WSL) is generally available for Windows 10 and 11 customers.| Cecilia D'Anastasio / Bloomberg: |
Amazon's Twitch makes changes to address child predation concerns, including mandatory phone verification and improving account termination for users under 13 — Twitch, the video game livestreaming site popular with teens and kids, announced changes it's making on the platform to increase safety … | New York Times: |
New York becomes the first US state to restrict crypto-mining as Gov. Kathy Hochul signs a bill imposing a two-year moratorium on permits at fossil fuel plants — National cryptocurrency industry groups had lobbied Gov. Kathy Hochul to veto the environmental ban, fearful that other states could follow New York's lead.| Brody Ford / Bloomberg: |
HP reports Q4 revenue down 11.2% YoY to $14.8B and Personal Systems revenue down 13% YoY to $10.3B, and forecasts a 10% drop in PC sales in FY 2023 — HP Inc. said it will eliminate as many as 6,000 jobs over the next three years amid declining demand for personal computers that has cut into profits.| Denny Jacob / Wall Street Journal: |
| Patricia Nilsson / Financial Times: |
Omdia: in 2022, Alphabet, Amazon, Meta, and Apple are on pace to take 68% of ~$500B in online ad revenue made by non-China companies, driven by video campaigns — TV and film companies are racing to capture some of the marketing cash pouring into the likes of YouTube| Stuart A. Thompson / New York Times: |
Analysis: of the estimated 140,000 accounts paying for Twitter Blue, many are far-right influencers, the average has 560 followers, some are spoofs, and more — When Elon Musk bought Twitter last month, he made Twitter Blue, an existing subscription service, the backbone of his strategy to increase revenue.| Bloomberg: |
Xiaomi reports Q3 revenue down 9.7% YoY to ~$9.85B, slightly above estimates, and a ~$210M net loss, following a ~$420M writedown on investments — Xiaomi Corp.'s quarterly revenue fell almost 10% as it battled a slumping global smartphone market and weak consumer demand at home.| Julian Mark / Washington Post: |
Digital World Acquisition Corp. says investors voted to extend the deadline to merge with Truth Social to September 2023, pending an investigation by regulators — The move by shareholders of the company that would merge with Trump Media & Technology Group buys time as regulators investigate the proposed deal.
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| Jennifer Pattison Tuohy / The Verge: |
| Manish Singh / TechCrunch: |
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| Mack DeGeurin / Gizmodo: |