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November 3, 2023, 10:15 PM
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Andrew Hayward / Decrypt:
OpenSea lays off ~50% of staff and is moving to “OpenSea 2.0”; after laying off 20% of its workforce in July 2022, the NFT marketplace said 230 staff remained  —  A company representative told Decrypt that approximately 50% of employees were impacted across the company.
Sarah Perez / TechCrunch:
An interview with Mozilla Senior Director of Content Carolyn O'Hara about joining the fediverse, technical hurdles when onboarding users, moderation, and more  —  Consumers are hungry for a new way of social networking, where trust and safety are paramount and power isn't centralized …
Thomas Claburn / The Register:
As the EU prepared to designate Apple as a gatekeeper under the DMA, Apple argued that it has three distinct browsers: Safari for iOS, iPadOS, and macOS  —  And with a straight face, too.  Brussels didn't buy it  —  Apple tried to avoid regulation in the European Union by making a surprising claim …
Paresh Dave / Wired:
Ad blockers saw record uninstalls in October after YouTube expanded its crackdown on ad blockers, while those unaffected by the clampdown saw record installs  —  YouTube expanded a “test” that threatens to cut off users who don't turn off their ad blocker.  Developers of the tools are scrambling to respond.
Lora Kelley / The Atlantic:
Sam Bankman-Fried, who is unkempt, pedigreed, and awkward, replicated what VCs believe a founder should look like, and the door remains open for others like him  —  The tech industry is designed for people like Sam Bankman-Fried.  —  Over and over during Sam Bankman-Fried's trial …
Jonathan Randles / Bloomberg:
Court records show FTX advisers gave trading data and customer details to the FBI in recent months in response to subpoenas from at least five FBI field offices
Jacquelyn Melinek / TechCrunch:
A jury finds Sam Bankman-Fried guilty on all seven counts of fraud and money laundering in the FTX trial; the judge sets SBF's sentencing for March 28, 2024
More: Reuters, US Department of Justice, BBC, The Verge, New York Times, CNBC, Cointelegraph, Ars Technica, NBC News, US Department of Justice, CoinDesk, Reuters, CNN, Wired, Molly White, PYMNTS.com, Bitcoin Insider, New York Times, Coinpedia Fintech News, NPR, Forbes, Bloomberg, New York Times, Fortune, The Ringer, HealthcareInfoSecurity.com, Crunchbase News, The Information, PC Gamer, Coinspeaker, Ghacks, DL News, TechStartups, crypto.news, Decrypt, Finextra, NBC 7 San Diego, The Verge, CCN.com, ABC News, Bloomberg, Decrypt, Financial Times, Wall Street Journal, Engadget, Wired, Washington Post, Reuters, New York Times, Reuters, Variety, New York Post, Sky News, Reuters, Courthouse News Service, MarketWatch, Insider, The Messenger, Axios, Fortune, The Daily Beast, Blockworks, and The Verge
Threads: @carnage4life and @alexkantrowitz.  Mastodon: @tek@freeradical.zone
X: @haydenzadams, @erikvoorhees, @alfred_lin, @innercitypress, @alfred_lin, @lastcallcnbc, @steinkobbe, @markdice, @garrytan, @ryansadams, @ryxcommar, @ben_mckenzie, @coinmamba, @dougjballoon, @styledape, @obsoletedogma, @davecraige, @erikvoorhees, @cramertracker, @steinkobbe, @robustus, @silvermanjacob, @macromate8, @stevelohr, @jason, @greentexts_bot, @drjbhattacharya, @rscharf_, @mattbinder, @foldablehuman, @drawandstrike, @markdice, @parikpatelcfa, @hsakatrades, @0xfoobar, @hshaban, @danprimack, @wolf_vukovic, @wifeyalpha, @glennthrush, @gfodor, @albz321, @anammostarac, @satoshibaggins, @mattbinder, @chafkin, @autismcapital, @loopifyyy, @harrymccracken, @internethippo, @vishal4c, @jimmyvs24, @adamscochran, @innercitypress, @wutangkids, @librariancap, @indian_bronson, @jasonklau, @intern, @tomcoates, @eking0x, @mattyglesias, @ntmoney, @alexluck9, @lilmoonlambo, @mikeduda, @altcoinpsycho, @cryptonator1337, @zeffmax, @dougjballoon, @byyourlogic, @unusual_whales, @ajb_powell, @thejusticedept, @thekinocorner, @divine_economy, @autismcapital, @danprimack, @jacqmelinek, @moorehn, @nichcarlson, @teddyschleifer, @collinrugg, @eringriffith, @kantrowitz, @parismarx, @innercitypress, @tristansnell, @asilbwrites, and @dlauer
LinkedIn: Joern Leogrande, Allan Matheson, Michael Van Niekerk, Alex Witt, CFA, Temerlan Kaiyrzhanov, George Chilton, Neville Poncha, Daniel Tunkelang, David Lighton, and Alex Kantrowitz
Forums: Hacker News, r/business, r/JoeRogan, r/technology, r/bitcoincashSV, r/CryptoCurrencyMAX, r/Destiny, r/bayarea, r/neoliberal, r/nyc, r/Buttcoin, r/Buttcoin, r/wallstreetbets, r/GME, r/Superstonk, Beehaw, and Ars OpenForum
Dan Goodin / Ars Technica:
A security researcher says that a Flipper Zero device can carry out DoS attacks on iPhones running iOS 17 by continuously sending Bluetooth pairing requests  —  No cure yet for a popular iPhone attack, except for turning off Bluetooth.  —  One morning two weeks ago, security researcher Jeroen van der Ham …
Kevin Purdy / Ars Technica:
DC's AG sues RealPage and 14 of Washington DC's largest landlord firms for using RealPage's rent-setting software to allegedly collude on rent price increases  —  Suit claims employees were told pricing outside the algorithm was “unacceptable.”  —  DC's attorney general has sued 14 …
Alex Konrad / Forbes:
Emails: X has begun work on an account handle marketplace for purchasing handles left unused, requesting a flat fee of $50K from potential buyers in some cases  —  Rumored to be in the works for the past year, the initiative appears to have begun rolling out recently, with email solicitations being sent to potential buyers.
Tom Warren / The Verge:
Microsoft employees will keep free access to Xbox Game Pass Ultimate after Phil Spencer stepped in to reverse the company's plans to remove the benefit  —  Microsoft was planning to remove a free Xbox Game Pass Ultimate benefit for most of its 238,000 employees in January …
Mariella Moon / Engadget:
Google ends its deal with Lendlease to build 15K homes in the Bay Area; in 2019, Google announced plans to build houses on $750M+ worth of land the company owns  —  The company has ended its agreement with its real estate developer.  —  Google has ended its agreement with real estate developer Landlease …
Sergiu Gatlan / BleepingComputer:
Okta says hackers who breached its support system in October accessed the files of 134 customers, five of whom were later targeted in session hijacking attacks  —  Okta says attackers who breached its customer support system last month gained access to files belonging to 134 customers …
Steven Vaughan-Nichols / ZDNet:
Oracle, SUSE, and CIQ release the source code for OpenELA, their Red Hat Enterprise Linux challenger, offering all the packages to build an enterprise Linux OS  —  When Mike McGrath, Red Hat's Red Hat Core Platforms vice president, announced that Red Hat was putting new restrictions …
More: OpenELA and The Register
X: @tguemes, @lionswaycontent, @suse, @_prbh, and @openelaorg.  LinkedIn: Matt Shelley.  Forums: Slashdot
Joseph Hoppe / Wall Street Journal:
The UK CMA says Meta pledged to let Facebook Marketplace users opt out of Meta using their data and limit how the company uses ad data for product development  —  The U.K. competition regulator said Meta Platforms has pledged to allow its Facebook Marketplace customers to opt out of having …
Apple:
Apple reports Q4 revenue down 1% YoY to $89.5B, vs. $89.3B est., net income up 11% to $23B, Americas sales up 1% to $40.1B, and Europe sales down 1% to $22.5B  —  iPhone revenue sets September quarter record Services revenue reaches new all-time high  —  Apple® today announced financial results …
Mark Gurman / Bloomberg:
Apple expects its revenue in the holiday quarter, normally the company's biggest sales period, to stay the same as in 2022; Wall Street had projected ~5% growth

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This is a Techmeme archive page. It shows how the site appeared at 10:15 PM ET, November 3, 2023.

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From Mediagazer

Wall Street Journal:
Sources: Disney board members are exploring fresh candidates in their search for a successor to Bob Iger, including EA CEO Andrew Wilson

Benjamin Mullin / New York Times:
Nicholas Carlson unveils Dynamo, a video-focused company that aims to make “cinematic” stories, and raised $3.4M from Henry Blodget, Jessica Lessin, and others

Le Monde:
Le Monde, Le Figaro, Les Echos, and other French news outlets sue X, accusing it of running their content without paying, violating so-called neighboring rights

More News

Akash Sriram / Reuters:
Elon Musk says that xAI will release its first AI model to a select group on November 4 and “in some important respects, it is the best that currently exists”
Brian Krebs / Krebs on Security:
A look at Russia-based SWAT USA Drop Service, whose 1,200+ US employees knowingly or unwittingly reship consumer goods purchased online with stolen credit cards
Bloomberg:
Coinbase reports Q3 revenue up 14% YoY to $674M, vs. $654.7M est., net loss down 99.6% YoY to $2.3M from $545M YoY, and $76B in trading volume, vs. $80.4B est.

Earlier Picks

Emily Bary / MarketWatch:
Block reports Q3 revenue up 24% YoY to $5.62B, vs. $5.4B est., profit up 21% YoY to $1.9B, Square profit up 15% YoY, and Cash App profit up 27% YoY; SQ up 10%+
Chris Welch / The Verge:
Paul McCartney and Ringo Starr release Now and Then, the first “new” Beatles song since 1995, created using AI and an old lo-fi John Lennon recording
Julie Jargon / Wall Street Journal:
A New Jersey high school and police investigate after male students shared AI-generated nudes of female students in group chats; parents are unsure what to do
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