| Sheila Dang / Reuters: |
Analytics firm Guideline: X's monthly US ad revenue has declined 55%+ YoY in each of the 10 months after Elon Musk's October 2022 takeover through August 2023 — Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought … | Shawn Tully / Fortune: |
How interest rates and X's weak performance, which prevented banks from unloading their debt, gave Elon Musk the upper hand before X CEO's meeting with banks — Elon Musk may hold the upper hand when negotiating with the banks that financed his Twitter bid. — LEAH MILLIS—REUTERS| Tom Warren / The Verge: |
The CMA opens an investigation into public cloud providers AWS and Azure in the UK, after a referral from Ofcom, and sets a statutory deadline for April 4, 2025 — The clouds are gathering over Microsoft's Azure operations in the EU and now the UK, with the launch of a new investigation … | Ryan Browne / CNBC: |
Ofcom finds that “hyperscalers” like AWS and Microsoft Azure are limiting competition in the UK's cloud market by making it difficult for businesses to switch — - Ofcom is concerned that so-called “hyperscalers” like Amazon Web Services and Microsoft Azure are limiting competition in the cloud computing market.| Tom Warren / The Verge: |
Microsoft rolls out a new version of Microsoft Teams, in preview since March 2023, rebuilt from the ground up to be less resource-hungry on Windows and macOS — Microsoft is rolling out a new and improved version of its Microsoft Teams chat client today.| Leah Nylen / Bloomberg: |
US v. Google: in 2018 and 2019, Apple and DuckDuckGo talked changing Safari private mode's default search engine; an Apple exec said it's “probably a bad idea” — - DuckDuckGo spoke with Apple about 20 times on possible change — Apple exec testified he viewed it as ‘probably a bad idea’| Ben Schoon / 9to5Google: |
Samsung unveils the Galaxy SmartTag 2, with a revamped design, Bluetooth, UWB, and still compatible only with Samsung devices, available on October 10 for $30 — As the smart tracker market waits for Google to shake things up on the Android side of things, Samsung has today unveiled the Galaxy SmartTag 2 … | Wall Street Journal: |
Sources: some US FTX staff found and internally reported Alameda's backdoor used to allegedly withdraw billions in client funds, months before FTX's collapse — The crypto exchange allowed Alameda to have a negative balance of up to $65 billion, prosecutors say| Bryant Francis / Game Developer: |
Epic Games plans an Unreal Engine per-seat licensing fee for non-gaming sectors like film and TV; Tim Sweeney says “financial problems” hit Epic ~10 weeks ago — A week after laying off almost 900 employees, Epic Games announced that it's increasing the price to use Unreal Engine … | Sam Reynolds / CoinDesk: |
The Hong Kong Stock Exchange announces Synapse to help execute post-trade processes and reduce settlement risk using smart contracts, launching on October 9 — HKEX says the system, used by traders in Hong Kong to buy stocks in China, will speed up settlement and provide greater transparency.| George Dvorsky / Gizmodo: |
Amazon's Project Kuiper plans to launch its first demo internet satellites, KuiperSat-1 and KuiperSat-2, on October 6 for its 3,236-satellite megaconstellation — Jeff Bezos's space venture, Project Kuiper, is set for a Friday launch, aiming to challenge Elon Musk's Starlink in the satellite internet arena.| Financial Times: |
Belgium's intelligence service has been monitoring Alibaba's logistics hub in Europe at Liège's cargo airport to detect “possible espionage” by Chinese entities — Belgian security service says Chinese group's logistics arm in Liège under scrutiny over use of sensitive data| Sebastiaan de With / Lux: |
In-depth iPhone 15 Pro Max camera review: native 24MP capture and 5x lens represent one of the biggest camera upgrades in iPhone's history for everyday users — Sebastiaan de With reviews the latest telephoto-equipped camera out of Cupertino in our annual iPhone 15 Pro Max camera review.| Bloomberg: |
Sources: AT&T is exploring options for its 70% DirecTV stake, such as adding a new investor or selling the stake and exiting the venture as early as August 2024 — - Telecoms giant majority owns DirecTV with private equity TPG — Declining pay-TV customer base has cut into AT&T's cash flow| Elizabeth Lopatto / The Verge: |
In its opening statement, SBF's defense said FTX was a futures exchange that “didn't have a chief risk officer, which became an issue” when the crypto crash hit — The prosecution came out swinging. Oddly, Bankman-Fried's defense didn't.| Jamie Crawley / CoinDesk: |
Messari: crypto startup funding fell to sub $2.1B across 297 deals in Q3 2023, the lowest since Q4 2020, after a nearly $17.5B peak across 900+ deals in Q1 2022 — The amount raised by crypto firms in Q3 fell to just under $2.1 billion, across 297 deals, the lowest on both counts since Q4 2020
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| Reuters: |
| Natalie Korach / The Wrap: |
| Abner Li / 9to5Google: |
| Juli Clover / MacRumors: |
| Ivan Mehta / TechCrunch: |
| Steve Dent / Engadget: |
| Wes Davis / The Verge: |
| Sarah Perez / TechCrunch: |