CyberTechMag

Kali Hays / Insider : SEC filing: Jack Dorsey has agreed to rollover his remaining 2.4% in Twitter, worth over $1B, into X Holdings, an amount Elon Musk won't have to pay   —  - Dorsey left his second stint as CEO of Twitter last year.  — A co-founder of the platform and friend of Musk, he's been supportive of the $44 billion takeover. from Techmeme https://ift.tt/6qVk4EQ via IFTTT

Samuel Stolton / Politico : Sources: the EU is set to launch an in-depth probe into Microsoft's Activision Blizzard deal after Microsoft opted not to file remedies to antitrust enforcers   —  The European Commission is set to launch an in-depth investigation into Microsoft's record $69 billion splash … source http://www.techmeme.com/221031/p21#a221031p21

Lora Kolodny / CNBC : Sources: Elon Musk has pulled more than 50 of his trusted Tesla employees, mostly software engineers from the Autopilot team, to help at Twitter   —  - Tesla CEO Elon Musk, now sole director and CEO of Twitter, is asking employees of the social network to redesign their subscription and verification systems within one week. from Techmeme https://ift.tt/STOezKD via IFTTT

Good news, everyone: Vine is (probably) coming back. The much beloved wacky short-form-video-sharing app had a short life in the limelight from 2012 to 2017, when it was cut off in its prime (as many would have it). That’s helped ensure that it holds a space in many millennials’ hearts as the last glorious stand of the social web before it became tarnished and commoditized and every app started looking the same. Vine was what the internet could have been, rather than what it became. “There are few things the internet can agree on, but almost everyone misses Vine with an intense nostalgia,” says Jessica Maddox, an assistant professor at the University of Alabama College of Communication and Information Sciences.  The fact that so many hold a candle for Vine may well be why Elon Musk, who is facing criticism as he takes over Twitter and enacts dramatic staff cuts and a worrying swing in the social media platform’s policies, has mooted rejuvenating the app. Like many of Musk’s d...

Lora Kolodny / CNBC : Sources: Elon Musk has pulled more than 50 of his trusted Tesla employees, mostly software engineers from the Autopilot team, to help at Twitter   —  - Tesla CEO Elon Musk, now sole director and CEO of Twitter, is asking employees of the social network to redesign their subscription and verification systems within one week. source http://www.techmeme.com/221031/p20#a221031p20

Axios : Sources: Elon Musk told Twitter engineers to work on a Vine reboot that may be ready by the end of 2022; Twitter acquired Vine in 2012 and shut it down in 2016   —  Elon Musk has instructed Twitter engineers to work on a Vine reboot that could be ready by year end, multiple sources tell Axios. source http://www.techmeme.com/221031/p19#a221031p19

Alex Heath / The Verge : Sources: Twitter plans to change Twitter Blue into a $19.99 subscription that verifies users; staff are told they will be fired if they don't build it by Nov. 7   —  Now that he owns Twitter, Elon Musk has given employees their first ultimatum: Meet his deadline to introduce paid verification on Twitter or pack up and leave. source http://www.techmeme.com/221030/p15#a221030p15

Alex Heath / The Verge : Sources: Twitter plans to change Twitter Blue into a $19.99 subscription that verifies users; staff are told they will be fired if they don't build it by Nov. 7   —  Now that he owns Twitter, Elon Musk has given employees their first ultimatum: Meet his deadline to introduce paid verification on Twitter or pack up and leave. from Techmeme https://ift.tt/PDnJQiu via IFTTT

Khari Johnson / Wired : Interview with Gerard de Graaf, director of a new EU office in San Francisco, on the DMA taking force on November 1 and its likely impact on tech companies   —  The Digital Markets Act will force big tech platforms to break open their walled gardens in 2023, says the EU's new ambassador to Silicon Valley. source http://www.techmeme.com/221030/p14#a221030p14

Khari Johnson / Wired : Interview with Gerard de Graaf, director of a new EU office in San Francisco, on the DMA taking force on November 1 and its likely impact on tech companies   —  The Digital Markets Act will force big tech platforms to break open their walled gardens in 2023, says the EU's new ambassador to Silicon Valley. from Techmeme https://ift.tt/af4kr1X via IFTTT

Alex Heath / The Verge : Sources: Musk ordered Twitter homepage to be changed to show the Explore page to logged out users, not a sign-up form, which was quietly implemented on Friday   —  On his first day, Twitter's new ‘Chief Twit’ quietly changed the homepage to send a message. source http://www.techmeme.com/221030/p12#a221030p12

Alex Heath / The Verge : Sources: Musk ordered Twitter homepage to be changed to show the Explore page to logged out users, not a sign-up form, which was quietly implemented on Friday   —  On his first day, Twitter's new ‘Chief Twit’ quietly changed the homepage to send a message. from Techmeme https://ift.tt/Hy2vAlm via IFTTT

Jared Council / Forbes : New Orleans-based Resilia, which sells software to help nonprofits manage their operations, raised a $35M Series B, bringing its total funding to ~$50M   —  Sevetri Wilson is not your average tech company founder.  She's a Black woman, she has no coding experience, no cofounders … from Techmeme https://ift.tt/thR5pux via IFTTT

Yashu Gola / Cointelegraph : Dogecoin surged by nearly 75% on Saturday after Elon Musk took control of Twitter, its biggest daily gain since April 2021, as it rallied 150% since October 25   —  DOGE price could drop 60% by the end of this year as it reaches its most overbought level since April 2021.  —  5093 Total views source http://www.techmeme.com/221029/p13#a221029p13

New York Times : Sources: Elon Musk plans to begin layoffs at Twitter as soon as Saturday, to take place before November 1, when staff were scheduled to receive stock grants   —  The billionaire planned to begin layoffs as soon as Saturday, people with knowledge of the matter said. from Techmeme https://ift.tt/aXeltWA via IFTTT

New York Times : Sources: Elon Musk plans to begin layoffs at Twitter as soon as Saturday, to take place before November 1, when staff were scheduled to receive stock grants   —  The billionaire planned to begin layoffs as soon as Saturday, people with knowledge of the matter said. source http://www.techmeme.com/221029/p12#a221029p12

Olatunji Olaigbe / Rest of World : A look at an online reputation laundering market for victims of Nigeria's unlicensed, predatory loan apps, which publicly shame borrowers who can't pay   —  In Nigeria, a gray market has emerged to defend against predatory loan apps that publicly shame people who can't pay.  —  • ILORIN, NIGERIA source http://www.techmeme.com/221029/p11#a221029p11

Olatunji Olaigbe / Rest of World : A look at an online reputation laundering market for victims of Nigeria's unlicensed, predatory loan apps, which publicly shame borrowers who can't pay   —  In Nigeria, a gray market has emerged to defend against predatory loan apps that publicly shame people who can't pay.  —  • ILORIN, NIGERIA from Techmeme https://ift.tt/1DRuF7z via IFTTT

Financial Times : eMarketer: US advertisers are on track to spend $65.3B on Facebook, Twitter, and other social networks in 2022, up just 3.6% YoY, and ~10x slower than in 2021   —  A decade-long era of breakneck growth in social media advertising has come to an abrupt halt.  Who killed the boom? source http://www.techmeme.com/221028/p25#a221028p25

Financial Times : eMarketer: US advertisers are on track to spend $65.3B on Facebook, Twitter, and other social networks in 2022, up just 3.6% YoY, and ~10x slower than in 2021   —  A decade-long era of breakneck growth in social media advertising has come to an abrupt halt.  Who killed the boom? from Techmeme https://ift.tt/bfX2oQT via IFTTT

CNBC : General Motors says it is suspending advertising on Twitter as it evaluates the “direction of the platform under their new ownership”   —  Follow your favorite stocksCREATE FREE ACCOUNT  —  A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. from Techmeme https://ift.tt/iZ1Gpas via IFTTT

CNBC : General Motors says it is suspending advertising on Twitter as it evaluates the “direction of the platform under their new ownership”   —  Follow your favorite stocksCREATE FREE ACCOUNT  —  A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. source http://www.techmeme.com/221028/p24#a221028p24

Kif Leswing / CNBC : Apple stock closes up 7.56%, its best day since April 2020; it was the second-best performing stock in the Dow Jones Industrial Average behind Intel on Friday   —  - Apple stock rose 7.5% on Friday, a day after it reported September quarter earnings that modestly beat expectations on revenue … from Techmeme https://ift.tt/IQFeS4i via IFTTT

Kif Leswing / CNBC : Apple stock closes up 7.56%, its best day since April 2020; it was the second-best performing stock in the Dow Jones Industrial Average behind Intel on Friday   —  - Apple stock rose 7.5% on Friday, a day after it reported September quarter earnings that modestly beat expectations on revenue … source http://www.techmeme.com/221028/p23#a221028p23

Mike Masnick / Techdirt : Elon Musk firing Vijaya Gadde is a loss for free speech as she was the most responsible for Twitter's unmatched record defending “actual” free speech globally   —  Last night, Elon Musk closed his on-again, off-again, on-again deal to buy Twitter, and his very first order of business was to fire a bunch of top executives. source http://www.techmeme.com/221028/p22#a221028p22

Elon Musk / @elonmusk : Elon Musk says Twitter will form a content moderation council with “widely diverse viewpoints” for making major decisions about content and reinstating accounts   —  Twitter will be forming a content moderation council with widely diverse viewpoints. No major content decisions or account reinstatements will happen before that council convenes. from Techmeme https://ift.tt/WTyBDaQ via IFTTT

Kif Leswing / CNBC : Apple Q4: iPhone revenue up 9.67% YoY to $42.63B, Mac up 25.3% to $11.51B, iPad down 13.06% to $7.17B, Other Products up 9.8% to $9.65B, and Services up 4.98%   —  - Apple reported fiscal fourth-quarter earnings on Thursday that beat Wall Street expectations on revenue and earnings per share. source http://www.techmeme.com/221027/p38#a221027p38