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November 4, 2023, 4:05 AM
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Top News

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 …
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.
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 …
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.
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 …
New York Times:
Sources: GM spent an average of $588M a quarter on Cruise in the past year, up 42% YoY, and staff intervened to assist Cruise's vehicles every 2.5 to five miles  —  Cruise has hired a law firm to investigate how it responded to regulators, as its cars sit idle and questions grow about its C.E.O.'s expansion plans.
Akash Sriram / Reuters:
Elon Musk says xAI will release its AI model called Grok to a select group on November 4 and to all X Premium+ subscribers once it's out of early beta  —  Elon Musk's artificial intelligence startup xAI will release its first AI model to a select group on Saturday, the billionaire and Tesla (TSLA.O) CEO said on Friday.
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 …
NBC News:
On Instagram, journalists and creators inside Gaza see a surge in followers as they document the Israel-Hamas war, even as Meta has broadly moved away from news  —  One journalist has added more than 12 million followers.  The work highlights some of the challenges and dangers of covering the conflict.
More: SPJ News.  Threads: @jasonabbruzzese and @jasonabbruzzese.  Bluesky: @mattnavarra.com.  X: @jasonabbruzzese.  LinkedIn: Marc Owen Jones
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, The Verge, BBC, New York Times, Cointelegraph, CNBC, Ars Technica, US Department of Justice, Blockonomi, NBC News, CoinDesk, Reuters, CNN, Wired, Forbes, Bitcoin Insider, Bloomberg, PYMNTS.com, The Ringer, New York Times, Crunchbase News, Molly White, Coinpedia Fintech News, The Information, Fortune, PC Gamer, HealthcareInfoSecurity.com, Coinspeaker, Ghacks, NPR, DL News, TechStartups, New York Times, crypto.news, Finextra, NBC 7 San Diego, CCN.com, ChinaTechNews.com, Bloomberg, Decrypt, UPROXX, Blockworks, The Verge, ABC News, Decrypt, Financial Times, Wall Street Journal, Engadget, New York Times, Wired, Reuters, Washington Post, Reuters, Variety, New York Post, Sky News, Reuters, Courthouse News Service, MarketWatch, Insider, The Messenger, Axios, Fortune, and The Daily Beast
Threads: @carnage4life and @alexkantrowitz.  Mastodon: @tek@freeradical.zone
X: @haydenzadams, @erikvoorhees, @alfred_lin, @innercitypress, @steinkobbe, @dougjballoon, @styledape, @stevelohr, @jason, @danprimack, @harrymccracken, @adamscochran, @tomcoates, @mikeduda, @zeffmax, @dougjballoon, @hshaban, @alfred_lin, @lastcallcnbc, @mattbinder, @ajb_powell, @ben_mckenzie, @obsoletedogma, @cramertracker, @drjbhattacharya, @drawandstrike, @glennthrush, @anammostarac, @parikpatelcfa, @albz321, @wutangkids, @ryxcommar, @steinkobbe, @silvermanjacob, @rscharf_, @mattbinder, @foldablehuman, @mattyglesias, @byyourlogic, @intern, @altcoinpsycho, @ryansadams, @erikvoorhees, @robustus, @hsakatrades, @gfodor, @autismcapital, @lilmoonlambo, @davecraige, @chafkin, @thejusticedept, @ntmoney, @garrytan, @0xfoobar, @loopifyyy, @innercitypress, @indian_bronson, @cryptonator1337, @unusual_whales, @greentexts_bot, @coinmamba, @wifeyalpha, @satoshibaggins, @alexluck9, @librariancap, @thekinocorner, @markdice, @macromate8, @markdice, @wolf_vukovic, @jimmyvs24, @jasonklau, @vishal4c, @eking0x, @internethippo, @divine_economy, @autismcapital, @danprimack, @jacqmelinek, @moorehn, @nichcarlson, @teddyschleifer, @collinrugg, @eringriffith, @kantrowitz, @parismarx, @innercitypress, @tristansnell, @asilbwrites, and @dlauer
LinkedIn: Michael Van Niekerk, Alex Witt, CFA, Neville Poncha, Joern Leogrande, Allan Matheson, Temerlan Kaiyrzhanov, George Chilton, 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

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:05 AM ET, November 4, 2023.

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From Mediagazer

Benjamin Mullin / New York Times:
CPB says the Department of Education has terminated Ready To Learn, the grant program that funded Sesame Street and would've provided $23M for children's shows

Alex Sherman / CNBC:
Comcast's spinoff of the majority of the NBCU cable network portfolio will be named Versant; the “holding company” name is for “business-to-business purposes”

New York Times:
California Gov. Gavin Newsom says he wants to work with the Trump administration to craft a $7.5B federal film tax credit; the state allocates $330M annually

More News

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
More: The Register and OpenELA
X: @tguemes, @lionswaycontent, @suse, @_prbh, and @openelaorg.  LinkedIn: Matt Shelley.  Forums: Slashdot
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
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
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
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

Earlier Picks

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.
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
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%+
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