Techmeme
November 3, 2022, 5:50 AM

Top News

Bloomberg:
Sources: Elon Musk plans to cut ~3,700 jobs at Twitter, or half of the company's workforce, starting on November 4, and reverse its 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, give current verified users a multi-month grace period, and make the edit button free  —  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:
Dan Milmo / The Guardian:
TikTok plans to update its privacy policy on December 2 to confirm that its staff outside of Europe, including in China, can access the data of European users  —  Privacy policy update confirms data of continent's users available to range of TikTok bases including in Brazil, Israel and US
Kate Irwin / Decrypt:
Meta lets select Instagram creators in the US 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.”
Sarah Perez / TechCrunch:
WhatsApp announces Communities, a group messaging feature for larger, more structured groups of up to 1,024 people, rolling out worldwide in the coming months  —  WhatsApp today is officially launching Communities, the new feature offering larger, more structured discussion groups that first entered into testing earlier this year.
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 …
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:
Ivan Mehta / TechCrunch:
Twitter cancels its Chirp developer conference, set for November 16, and says it is building “some things that we're excited to share with you soon”  —  Twitter is canceling its developer-focused Chirp conference amid management transition, the company said late Thursday.
Bloomberg:
Apple's unionized Maryland store files 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 …
Maria Deutscher / SiliconANGLE:
Google debuts Code as Policies, a tool that uses AI models to generate code for robots to perform a variety of tasks, under an open-source license on GitHub  —  Google LLC today debuted an internally developed software tool that can reduce the amount of effort involved in training a robot to perform new tasks.
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 …
Joel Khalili / Wired:
A look at Twitter's Bluesky “federated social network” project under Elon Musk; CEO Jay Graber recently tweeted that she is “very glad we're independent”  —  For years, the platform has funded a project that's meant to create a better, decentralized online experience.
Annie Massa / Bloomberg:
Robinhood reports Q3 revenue down 1% YoY to $361M, vs. $357.8M est., net loss down 87% YoY to $175M, and MAUs down 1.8M QoQ to 12.2M in September 2022  —  Robinhood Markets Inc. posted third-quarter revenue that beat analysts' estimates as transaction-based income increased from the previous three-month period.
Benj Edwards / Ars Technica:
Meta AI researchers unveil Encodec, a neural network trained to compress audio at a ~10x rate compared with the MP3 format at 64Kbps, without a loss in quality  —  Technique could allow high-quality calls and music on low-quality connections.  —  Last week, Meta announced …

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