Posts

Sources: Twitter has frozen some employee access to content moderation and policy enforcement tools, raising concerns about misinformation ahead of US midterms (Bloomberg)

Coinbase requests to file an amicus brief to support Ripple's case against the US SEC, which sued Ripple for allegedly selling XRP as an unregistered security (Nikhilesh De/CoinDesk)

Anchorage Digital plans to custody a "significant portion" of Apollo Global's crypto portfolio and offer crypto custody services to Apollo's clients (Andrew Throuvalas/Decrypt)

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 (Kali Hays/Insider)

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 (Samuel Stolton/Politico)

Sources: Elon Musk has pulled more than 50 of his trusted Tesla employees, mostly software engineers from the Autopilot team, to help at Twitter (Lora Kolodny/CNBC)

Q&A with the CEO of Clearwater Compliance, a health care-focused cybersecurity firm, on HIPAA, ransomware attacks, medical IoT device vulnerabilities, and more (Nilay Patel/The Verge)

CoinGecko: normalized exchange volume for Crypto.com has dropped 91% over the past year, 90% for Huobi, 77% for FTX, 75% for Coinbase, and 57% for Binance (Stacy Elliott/Decrypt)

Sources: US-based self-driving trucking company TuSimple faces US federal probes into whether it improperly financed and transferred tech to a Chinese startup (Wall Street Journal)

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 (Alex Heath/The Verge)

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 (Khari Johnson/Wired)

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 (Alex Heath/The Verge)

Canary Technologies, which offers hotels guest management and other tools, raised a $30M Series B led by Insight Partners, bringing its total funding to $45M (Kathryn Walson/PhocusWire)

Source: Elon Musk fired top Twitter executives, including CEO Parag Agrawal, "for cause", in an apparent attempt to avoid severance and unvested stock payouts (Martin Peers/The Information)

New Orleans-based Resilia, which sells software to help nonprofits manage their operations, raised a $35M Series B, bringing its total funding to ~$50M (Jared Council/Forbes)

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 (Yashu Gola/Cointelegraph)

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 (New York Times)

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 (Olatunji Olaigbe/Rest of World)

Adobe apps will no longer support Pantone-owned colors for free due to a licensing change; users would need an Adobe plug-in costing $15/month to access colors (John Walker/Kotaku)

Court filing: Mark Zuckerberg, Meta CTO Andrew Bosworth, Within CEO Chris Milk, and others to testify in the FTC case against Meta's acquisition of Within (Ismail Shakil/Reuters)

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 (Financial Times)

General Motors says it is suspending advertising on Twitter as it evaluates the "direction of the platform under their new ownership" (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 (Kif Leswing/CNBC)

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 (Mike Masnick/Techdirt)

Some users are testing the limits of Twitter's moderation system following Musk's takeover by using hate speech like profane slurs, racial epithets, and more (David Gilbert/VICE)