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October 31, 2022, 8:15 AM
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| Alex Heath / The Verge: |
Sources: Twitter plans to make Twitter Blue a $20/month subscription that verifies users; staff have until November 7 to build the feature or face being fired — Now that he owns Twitter, Elon Musk has given employees their first ultimatum: Meet his deadline to introduce paid verification on Twitter or pack up and leave.
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The Economic Times, Tech Advisor, Engadget, 9to5Mac, Bloomberg, PCMag, TechCrunch, Twitter Help Center, TechRadar, TechSpot, Deadline, iPhone Hacks, iMore, Watcher Guru, Firstpost Tech, TechCircle, City A.M., TheGamer, Neowin, Social Media Today, SlashGear, CoinGape, The Week, Pocket-lint, Wccftech, and New York Post
Tweets: @reckless, @alexeheath, @elonmusk, @jason, @alexeheath, @elonmusk, @stephenking, @nickstatt, @antoniogm, @cd_hooks, @trustnobis, @tszzl, @k8em0, @i_zzzzzz, @privacylaw_jjw, @alexhern, @pt, @gergelyorosz, @martinslewis, @iamtexture, @fawfulfan, @fawfulfan, @gergelyorosz, @drmistercody, @dalailama, @sethanikeem, @can, @dangillmor, @rcmb323, @joannastern, @petekeeley, @fg_dolan, @bchesky, @mattblaze, @bradmossesq, @stevenglinert, @reckless, @jeremymonjo, @ericgeller, @gerritd, @hiattb, @mattblaze, @michaelaokla, @kendrawrites, @emmetpeppers, @joshtpm, @jackbutcher, @edbott, @simplylay, @profcarroll, @hotchnersgf, @can, @lukeplunkett, @turnernovak, @jburnmurdoch, @eric_seufert, @megreenwell, @calebsaysthings, @pwnallthethings, @andrewwrites, @chescaleigh, @kevincollier, @malwaretechblog, @normcharlatan, @adrierising, @kimzetter, @joesiegler, @mikalfm, @michaelcrider, @maxberger, @tomwarren, @jbouie, @pwnallthethings, @moorehn, @kevinrose, @seangentille, @peteblackburn, @matthew_d_green, @joshtpm, @parismarx, @cyynapse, @oranicuhh, @alexrkonrad, and @tahk0
| Casey Newton / Platformer: |
Sources: Twitter is strongly considering taking away its verified users' badges if they don't subscribe to Twitter Blue — Under pressure to generate revenue quickly, Twitter's new CEO considers ending free verification — Twitter is strongly considering making its users pay to remain verified …
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ZDNet, MacRumors, Reuters, Insider, Android Headlines, Digit, The Economic Times, XDA Developers, and Engadget
Tweets: @caseynewton, @tiffanycli, @brendannyhan, @emilygorcenski, @broderick, @ketanj0, @hankgreen, @blackamazon, @sarahfrier, @g_e_anderson, @iamjohnales, @ascannerburkely, @pjbrown_iii, @nedostup, @anylaurie16, @robynelyse, @bboy_izilla, @mmasnick, @acnewman, @davekarpf, @pippuri, @geekgirldiva, @brianyoung, @mgerrydoyle, @cfq, @cari_luna, @demsinarray, @jamessurowiecki, @noahpinion, @davidoatkins, @iansherr, @edbott, @tyburr, @alwaystheself, @jhweissmann, @joshuamzeitz, @jtemple, @jamesgleick, @stephenwarwick9, @mattgurney, @justkelly_ok, @trentbwrites, @tcarmody, @r0wdy_, @brookeobie, @kazweida, @tonyromm, @saintsforecast, @enerianna, @adamsinger, @tcarmody, @coreyschreppel, @nichcarlson, @ronjeffries, @todgoldberg, @petergleick, @danushman, @shahmiruk, @jtemple, @malwaretechblog, @randyrenstrom, @tiffanycli, @exiledsurfer, @mattgertz, @mmasnick, @laurendane, @felixsalmon, @martinsfp, and @meghanor
| Washington Post: |
Source: Elon Musk plans to lay off 25% of Twitter's workforce in the coming days, focusing on sales, product, engineering, legal, and trust and safety — The first round of layoffs, led by his lawyer Alex Spiro, will target 25 percent of the workforce — SAN FRANCISCO …
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Washington Post, NBC News, Insider, Reuters, Reuters, BBC, Livemint, The Hill, Bloomberg, BGR India, Insider, and Financial Times
Tweets: @mikeisaac, @elonmusk, @taylorleese, @caspiancey, @ericuman, @massawyrm, @daveyalba, @shiraovide, @gergelyorosz, @johnhawkinsrwn, @amandarivkin, @kylesouther1, @washingtonpost, @taylorleese, @davidheniguk, @faizsays, @jdcmedlock, @bruceqburke, @teddyschleifer, @mmasnick, @shannonpareil, and @grady_booch
| Lauren Hirsch / New York Times: |
Twitter faces ~$1B per year in interest expenses after Elon Musk's deal added ~$13B in debt, up from ~$50M in 2021 when operations generated ~$633M in cash flow — Mr. Musk faces financial challenges in owning Twitter. The site frequently loses money and took on $13 billion in debt for the blockbuster deal.
More:
Axios and TheStreet
Tweets: @jimmyjazz1968, @scottnover, @obrien, @dasvee, @ncweaver, @obrien, @jimmyjazz1968, @film_girl, @gartmartin9, @clarajeffery, @allanbell247, @russbengtson, @carnage4life, @ncweaver, @matthew_d_green, @laurenshirsch, @carnage4life, @traskjd, @briantashman, @opendna, @nytimes, and @dansaltzstein
| Alex Heath / The Verge: |
Sources: Elon Musk directed Twitter executives to quietly change the homepage for logged out users to the Explore page, instead of a sign-up form, on October 28 — On his first day, Twitter's new ‘Chief Twit’ quietly changed the homepage to send a message.
More:
Protocol, Coinspeaker, Mashable, Livemint, Axios, and SlashGear
Tweets: @sriramk, @alexeheath, @nickrw, @alexeheath, @joshelman, @goldman, @bendreyfuss, @tomwarren, @nycsouthpaw, @nickstatt, @can, @sarafischer, @goldman, @broderick, @carnage4life, and @noahpinion
| Financial Times: |
Sources detail the twists and turns in Elon Musk's $44B Twitter takeover, starting in March, falling apart, and then closing late on October 27 — Even as his $44bn buyout came down to the wire, Elon Musk kept Twitter guessing. — Normally, lawyers and advisers on each side … | Rachel Sharp / The Independent: |
In a now-deleted tweet replying to Hillary Clinton, Elon Musk shared a lurid, baseless conspiracy theory about the hammer attack on Nancy Pelosi's husband Paul — Billionaire peddled the conspiracy theory on Twitter just days after he completed his takeover of the social media platform
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Mercury News, Gizmodo, CNN, New York Post, Los Angeles Times, Washington Post, NBC News, Insider, Today's Edition Newsletter, and Robert Reich
Tweets: @elonmusk, @mollyjongfast, @daveyalba, @elonmusk, @elonmusk, @oneunderscore__, @jason_a_w, @jsrailton, @bgrueskin, @urbanachievr, @hankgreen, @jimmykimmel, @donmoyn, @tomcoates, @seldo, @jtemple, @justinhendrix, @juddlegum, @dappergander, @froomkin, @oneunderscore__, @jsrailton, @pt, @notabigjerk, @smotus, @mmasnick, @wkamaubell, @mollyjongfast, @dandrezner, @dynamicsymmetry, @edbott, @reckless, @timodc, @colinsteele, @carlquintanilla, @cbouzy, @keitholbermann, @noupside, @mathieuvonrohr, @profgalloway, @passantino, @drericding, @timjacobwise, @awallenstein, @keitholbermann, @cbouzy, @jameeljaffer, @ruskin147, @chadloder, @atrupar, @cbouzy, @davidfolkenflik, @vladsavov, @mehdirhasan, @scottjshapiro, and @chris_meloni
| Dan Milmo / The Guardian: |
More:
Insider, Deadline, The Hollywood Reporter, and Firstpost Tech
Tweets: @yoyoel, @jason, @donie, @blackamazon, @wil_da_beast630, @tomgara, @tracynovick, @mikerugnetta, @jeffontheright, and @sundersays
| Alyssa Lukpat / Wall Street Journal: |
The top 20 tech billionaires globally have lost $480B+ on paper in the past year; Mark Zuckerberg's wealth drops by $87B+, Elon Musk and Jeff Bezos by $58B+ — Moguls including Mark Zuckerberg and Jeff Bezos have collectively lost more on paper than the market values of most S&P 500 companies
More:
Bloomberg, Axios, Daily Mail, NBC News, and Bloomberg
Tweets: @iseff, @owencallan, @robinwauters, @nspector4, @steventdennis, @mattyglesias, @gunnelswarren, @fmanjoo, and @rwang0
| Khari Johnson / Wired: |
An interview with Gerard de Graaf, the director of a new EU office in San Francisco, on the DMA coming into force on November 1 and its impact on tech companies — The Digital Markets Act will force big tech platforms to break open their walled gardens in 2023, says the EU's new ambassador to Silicon Valley.
Tweets: @bottythierry, @ieet, @joonaslinkola, @tariqkrim, @cramforce, and @tweetsbyasd
| Justin Ling / Wired: |
Doreen Bogdan-Martin's election to the UN's ITU, beating the Russian candidate, signals support for a US-backed open internet, but significant issues remain — Open-internet advocates are breathing a sigh of relief after a recent election for the International Telecommunications Union's top leadership.| Wall Street Journal: |
Sources: US-based self-driving trucking company TuSimple faces US federal probes into whether it improperly financed and transferred tech to a Chinese startup — Government authorities are investigating whether the U.S. self-driving trucking company defrauded investors by financing and transferring technology to China-backed Hydron
More:
FreightWaves, TheStreet, TuSimple Holdings, Inc., and The Information
Tweets: @john__rosevear, @niubi, @followtheh, @heathersomervil, and @byron_wan
| Sam Kim / Bloomberg: |
SIA data: global semiconductor sales declined 3% YoY in September, the first drop since early 2020; South Korean chip manufacturing dropped by 3.5% YoY — Global chip sales contracted for the first time since early 2020, in a blow to South Korea's economy which is highly geared to the industry …
Tweets: @samkimasia and @samkimasia
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