Techmeme
November 2, 2022, 11:20 PM

Top News

Bloomberg:
Sources: Elon Musk plans to cut ~3,700 jobs at Twitter, half of the company's workforce, starting November 4, and reverse its existing 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, with a grace period for current verified users, and give all users edit button access  —  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 …
Washington Post:
Elon Musk says Twitter will not reinstate banned accounts “until we have a clear process for doing so, which will take at least a few more weeks”  —  After Zoom meeting, Twitter boss tweets that no suspended accounts will return to site until there is clear process for doing so
Tom Warren / The Verge:
Sony plans to launch the PlayStation VR2 with Sense controllers and stereo headphones on February 22 for $550, £530, or €600; preorders open on November 15  —  Sony will launch its PSVR2 headset on February 22nd priced at $549.99.  The PSVR2 will be priced at $549.99 in the US …
Kate Irwin / Decrypt:
Meta is letting select Instagram US creators 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.”
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 …
Reuters:
Manish Singh / TechCrunch:
South Korea-based Wemade, which develops the Wemix blockchain gaming platform, raised ~$46M from Microsoft, Shinhan Asset Management, and Kiwoom Securities  —  Microsoft has backed Wemade, a popular video game developer that has made aggressive bets on blockchain in recent years …
Tom Warren / The Verge:
Google expands Google Play Games beta for PC to the US, Canada, Mexico, Brazil, Indonesia, the Philippines, Malaysia, and Singapore, offering 85 Android games  —  Google Play Games is launching in open beta in the US today, allowing anyone to try out a selection of Android games on PC.
Elisa Lipsky-Karasz / Wall Street Journal:
A profile of, and interview with, Jony Ive, covering life before and after Apple, his design philosophy, his company LoveFrom, the importance of words, and more  —  can always write an awful lot that I can't draw,“ Jony Ive, the mastermind behind Apple's most revolutionary products, says as he holds up a Space Age-style coffee cup. ”
Patrick Clark / Bloomberg:
Home buying startup Opendoor lays off ~550 employees, or ~18% of its staff, after higher rates and a shift in prices forced the company to sell homes at a loss  —  Opendoor Technologies Inc. is laying off about 550 employees after higher mortgage rates cratered US housing demand.
Todd Spangler / Variety:
Roku reports Q3 revenue up 12% YoY to $761.4M, vs. $694M est., 21.9B streaming hours, and 2.3M active accounts added; the stock drops 18%+ on weak Q4 guidance  —  Roku handily topped Wall Street estimates for the third quarter of 2022, as the streaming platform and media company packed …
Ian Allison / CoinDesk:
A financial document details some ties between Sam Bankman-Fried's FTX and Alameda Research; Alameda's biggest asset is $3.66B of unlocked FTT, an FTX token  —  Alameda had $14.6 billion of assets as of June 30, according to a private document CoinDesk reviewed.
Bloomberg:
Apple's unionized Maryland store filed a complaint with the NLRB after Apple withheld medical, educational, and other new benefits given to non-union workers  —  Apple Inc.'s unionized retail store in Maryland is filing a complaint with the National Labor Relations Board after it was excluded …
Karen Hao / Wall Street Journal:
China's Zhengzhou industrial park, home of Foxconn's most advanced iPhone plant, begins a weeklong lockdown to combat COVID-19's “severe and complicated” spread  —  HONG KONG—The industrial park where Foxconn Technology Group's iPhone assembly plant is struggling to maintain production amid …
Hamish McKenzie / On Substack:
Chris Welch / The Verge:
Apple TV 4K (2022) review: affordable, snappy performance, and a USB-C Siri Remote, but no AirTag-like remote tracking, lackluster live TV, and a stale design  —  Packing more speed than ever (and now HDR10 Plus) at a cheaper price, the Apple TV 4K is the best overall streamer on the market — even if tvOS is falling behind in places

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
5 common accounting mistakes  —  This is a guest post by Yaali Bizappln Solutions.  A lot of businesses manage their customers and finances on separate platforms.  This disconnect often leads to missed invoices …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Fri. 11/22 - An LLM Siri But... Only The Year AFTER Next?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:20 PM ET, November 2, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Raksha Kumar / Rest of World:
William Turvill / Press Gazette:
Wall Street Journal:
Washington Post: