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October 21, 2022, 1:25 AM
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| Washington Post: |
Docs: if Elon Musk buys Twitter, he plans to cut nearly 75% of staff; otherwise, Twitter aims to cut payroll by ~$800M by the end of 2023, ousting ~25% of staff — Previously unreported details shed new light on Twitter's motivations for selling the company — and Elon Musk's plans to transform it| Bloomberg: |
Sources: the Biden administration is considering subjecting some of Elon Musk's ventures, including the Twitter deal and Starlink, to national security reviews — Biden administration officials are discussing whether the US should subject some of Elon Musk's ventures to national security reviews …
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CNET, Reuters, and Politico
Tweets: @matt_levine, @jenniferjjacobs, @niklentz, @elonmusk, @rakeshlobster, @tomgara, @carnage4life, @jenniferjjacobs, and @danprimack
| Emily Baker-White / Forbes: |
Documents: a China-based ByteDance audit and risk control team planned to collect TikTok location data of specific US citizens never employed by the company — The project, assigned to a Beijing-led team, would have involved accessing location data from some U.S. users' devices without their knowledge or consent.
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BBC, The Verge, Insider, Variety, and Bloomberg
Tweets: @tiktokcomms, @tiktokcomms, @klonkitchen, @rmac18, @tiktokcomms, @ebakerwhite, @markwarner, @tiktokcomms, @tiktokcomms, @klonkitchen, @paulszoldra, @alexstamos, @brendancarrfcc, @klonkitchen, @rmac18, @profcarroll, @nycsouthpaw, @kevincollier, @iron_man_actual, @repjamescomer, and @greggfavre
| Platformer: |
Mailchimp CEO Ben Chestnut stepped down in August 2022 after sending an email saying that staff announcing their pronouns in meetings “does more harm than good” — Ben Chestnut stepped down in August after arguing that asking for pronouns at the start of meetings “does more harm than good”
Tweets: @caseynewton, @justkelly_ok, @katienotopoulos, @revshark, @zoeschiffer, @mattzeitlin, and @golikehellmachi
| Ben Schoon / 9to5Google: |
YouTube announces YouTube Premium's first major price hike, increasing the family plan from $17.99/month to $22.99/month, or $29.99/month in the App Store — YouTube Premium is getting its first major price hike as the service will now charge $22.99 per month for its family plan.
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The Verge, Pocket-lint, AppleInsider, iPhone in Canada Blog, Deadline, Engadget, Droid Life, Digital Trends, iPhone Hacks, iMore, How-To Geek, BGR, Android Central, MobileSyrup, Pocketables, Android Authority, Phandroid, and Android Police
Tweets: @patrickmcgee_, @nexusben, and @aroondeep
| Thomas Germain / Gizmodo: |
Google now lets users disable targeted ads without breaking useful features by having to turn off settings like Web & App Activity and YouTube History — In a major fix, Google's own privacy settings will no longer disable crucial features of its apps. — Alerts
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The Keyword, Wall Street Journal, Wired UK, Social Media Today, ZDNet, Search Engine Journal, The Verge, Digiday, and The Hill
Tweets: @eric_seufert, @doctorow, @mcproulx, @adsliaison, @glenngabe, @carnage4life, @blakersdozen, @gartenberg, @ryanbarwick, @google, and @baxiabhishek
| The Information: |
Sources: OpenAI is in advanced talks to raise more funding from Microsoft, after a 2021 raise at an implied ~$20B valuation from Sequoia, Tiger, a16z, others — OpenAI, whose text- and image-generating artificial intelligence has become a mainstream hit, is in advanced talks to raise …
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Wall Street Journal
| Kyle Alspach / Protocol: |
Microsoft confirms some customer data was exposed due to a server configuration error but says SOCRadar exaggerated by claiming 65K+ companies were affected — Microsoft said Wednesday that an unspecified amount of customer data, including contact info and email content …
More:
SOCRadar® Cyber …, Microsoft Security …, Ars Technica, BleepingComputer, Security Affairs, Metacurity, SecurityWeek, HotHardware, Windows Central, SC Media, HackRead, Digital Trends, Petri IT Knowledgebase, The Register, TechRadar, Graham Cluley, and BetaNews
Tweets: @gossithedog, @quinnypig, @ryanaraine, @vxunderground, and @david_obrien
| Miles Kruppa / Wall Street Journal: |
Texas' AG sues Google for allegedly using Photos, Assistant, and Nest features to collect facial- and voice-recognition data without seeking users' full consent — State alleges tech giant didn't obtain user consent for biometric-data use — The Texas attorney general sued Alphabet Inc …
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Texas Attorney General, New York Times, Bloomberg, Ars Technica, BleepingComputer, Reuters, Engadget, USA Today, New York Post, MUO, International Business Times, CNN, The Register, Android Authority, Fortune, Gizmodo, and PCMag
Tweets: @jmbooyah, @kashhill, @chronotope, @margimurphy, @blaw, and @kimcrayton1
| Adam James / The Block: |
DeFi proponents criticize Sam Bankman-Fried for a regulatory proposal suggesting websites facilitating trading on decentralized exchanges should be regulated — - Various individuals in the blockchain and cryptocurrency industry are lambasting Sam Bankman-Fried after the FTX CEO shared …
More:
FTX Policy, Money and State, DeFi Education, Crypto Briefing, CryptoPotato, CryptoSlate, Bloomberg, Protos, and CoinJournal
Tweets: @sbf_ftx, @erikvoorhees, @ryansadams, @sbf_ftx, @scupytrooples, @defikash, @scott_lew_is, @friedmandave, @petrifytcg, @sbf_ftx, @sbf_ftx, @erikvoorhees, @degenspartan, @dystopiabreaker, @cagyjan1, @chrisamccoy, @sbf_ftx, @cburniske, @sbf_ftx, @sbf_ftx, @fintechfrank, @sassal0x, @twobitidiot, @goldk3y_, and @mrjasonchoi
| Bloomberg: |
Sources: the US is exploring the possibility of new export controls that would limit China's access to quantum computing technology and AI software — The Biden administration is exploring the possibility of new export controls that would limit China's access to some of the most powerful … | Mayank Parmar / Windows Latest: |
Microsoft publishes a Windows Subsystem for Android roadmap including Android 13, file transfer support, picture-in-picture, and local network access — Microsoft has been rolling out several updates for the Windows Subsystem for Android on Windows 11. The WSA is now significantly faster … | Jonathan Vanian / CNBC: |
Snap reports Q3 revenue up 6% YoY to $1.13B, vs. $ 1.14B est., DAUs up 19% YoY to 363M, vs. 358.2M est., a $360M net loss, up from $72M YoY; stock is down 25%+ — - Snap beat analysts' expectations on earnings per share but missed on revenue. — The company's board authorized a stock repurchase program of up to $500 million.
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The Hollywood Reporter, Snap Inc., The Information, Bloomberg, Benzinga, MarketWatch, Axios, Adweek, Financial Times, Los Angeles Times, Wall Street Journal, SiliconANGLE, Variety, Reuters, Investor's Business Daily, Deadline, Shacknews, CNN, New York Times, TechCrunch, Mobile Dev Memo, and Barron's Online
Tweets: @chrisjbakke, @carnage4life, @meghanbobrowsky, @pt, @ericjackson, @stockmarketnerd, @zerohedge, @levynews, and @teroterotero
| Mia Sato / The Verge: |
Amazon quietly shuts Fabric.com, an online retailer of fabrics, trims, notions, and other supplies since the late 1990s before being acquired by Amazon in 2008 — Crafters, home sewists, and small businesses will soon lose a major online fabric source.
More:
Craft Industry Alliance and Associated Press
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