Techmeme
October 7, 2022, 1:05 AM

Top News

Richard Lawler / The Verge:
Filing: a judge grants Elon Musk's request to halt the Twitter trial and says that if the deal doesn't close by 5pm on October 28, the trial begins in November  —  The pending trial between Elon Musk and Twitter is suddenly on hold, as Judge Kathaleen McCormick granted the Musk side's request for a stay …
Bloomberg:
Sources: Musk-Twitter talks are stuck on a debt-financing issue; Musk wants to reserve the right to sue Twitter for allegedly misleading him about bot accounts  —  Talks between Elon Musk and Twitter Inc. to reach a resolution of the $44 billion takeover are stuck in part over Musk's statement …
CoinDesk:
Binance Smart Chain suspends transactions due to a bridge exploit, estimating that $100M to $110M in assets were moved off chain, of which $7M has been frozen  —  An attacker moved $100-$110 million in crypto off the Binance linked blockchain.  —  Binance Smart Chain hit the brakes Thursday …
Damien Wilde / 9to5Google:
Google announces the Pixel 7 Pro with a 6.7-inch 120Hz LTPO display, updated “camera bar”, Tensor G2, Android 13, and software face unlock, starting at $899  —  At the latest Made by Google launch event, Google has fully detailed the Pixel 7 Pro following a number of early looks, leaks, and teases.
Kyle Bradshaw / 9to5Google:
Frederic Lardinois / TechCrunch:
Todd Haselton / CNBC:
AMD announces ~$5.6B in preliminary Q3 revenue, below its outlook of $6.7B plus or minus $200M, driven by weaker Client segment revenue and supply chain issues  —  - AMD issued preliminary third-quarter results Thursday that are well below its initial guidance.
Brian Heater / TechCrunch:
Google unveils the circular Pixel Watch with a 41mm case, a curved display, Fitbit health features, and Wear OS, $350 for Wi-Fi and $400 for LTE; preorder now  —  Google gets into the smartwatch game for real with the $350 Wear OS device  —  2021 was the Pixel's year.
Victoria Song / The Verge:
Ina Fried / Axios:
Six robotics companies, including Boston Dynamics, pledge not to support the weaponization of their products and say adding weapons will erode trust in robots  —  Several robotics companies, including Boston Dynamics, are pledging not to support the weaponization of their products and are calling …
Alex Heath / The Verge:
In an internal memo, Meta's VP of Metaverse said Horizon Worlds is suffering from too many quality issues and even the team building it isn't using it very much  —  Meta's VR social network Horizon Worlds — the company's flagship “metaverse” app — is suffering from too many quality issues …
Tiffany Hsu / New York Times:
Pew: 6% of US adults regularly get news on BitChute, Gab, Gettr, Parler, Rumble, Telegram, or Truth Social, but no one site drew over 2% of those seeking news  —  The appeal of platforms like Parler, Truth Social and Telegram is another symptom of the partisan divide in media, according to the Pew Research Center.
Max Chafkin / Bloomberg:
After investors bet an estimated ~$100B on self-driving vehicles, startups see little progress, falling back on simulations and remote operators as losses mount  —  The first car woke Jennifer King at 2 a.m. with a loud, high‑pitched hum.  “It sounded like a hovercraft,” she says, and that wasn't the weird part.
Salvador Rodriguez / Wall Street Journal:
Internal ByteDance report: revenue grew nearly 80% YoY to $61.7B in 2021 but operating losses more than tripled YoY from $2.14B to $7.15B due to growth spending  —  Social-media giant saw its operating losses more than triple last year to above $7 billion  —  TikTok, Instagram Reels …

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More News

Dan Primack / Axios:
Jay Peters / The Verge:
Mathieu Rosemain / Reuters:
Sarah Perez / TechCrunch:

Earlier Picks

Financial Times:
Allison Johnson / The Verge: