Musk Orders Twitter Layoffs
Musk observed on Twitter that there appeared to be 10 people 'managing' for every one person coding.
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Recent Editions
Marc Andreessen Backs Andy Rubin’s Security Startup
Andreessen has reportedly taken a seat on Simple Things' board.
Binance to Help Twitter with Crypto and Blockchain Efforts
The new team will examine how blockchain technology might be able to help Twitter such as the platform’s problems with bots.
Elon Musk Will Form New Twitter Content Council
Twitter will not reinstate banned account until council is formed, Musk says
Twitter Shares To Be Delisted Following Musk Takeover
Musk is expected to change Twitter's content moderation rules and to start laying off staff.
Twitter Discontinues Paid Live Audio Conversations
Twitter said it ‘indefinitely’ paused its test of paid live audio conversations.
Apple’s Bond Losses Deepen in September Quarter
All the big tech companies have sustained losses on their bond portfolios this year, reflecting the sharp rise in interest rates.
Musk Completes Twitter Takeover, Fires CEO and CFO
CEO Parag Agrawal, chief financial officer Ned Segal, general counsel Sean Edgett and Vijaya Gadde, head of legal policy, trust, and safety, have reportedly been pushed out.
Amazon Web Services Sees Slowdown in Cloud Sales Growth
AWS, the dominant cloud provider, has maintained a more steady pace of sales growth than its rivals, but now it, too, is feeling the macroeconomic headwinds.
Pinterest Revenue Growth Slows, User Growth Flattens
Company sees “double digit” growth in Gen Z users
Apple’s September Quarter Profit Grew by Less than 1%
Apple's revenue was hurt by a decline in digital advertising and gaming.
Amazon’s Stock Tanks on Grim Holiday Forecast
Amazon’s stock plummeted as much as 20% in after-hours trading after posting weak growth for the third quarter and providing a bleak outlook for the holidays.
TikTok to Launch Games Tab
The tab to feature mobile games expand the short-form video app’s entertainment offerings.
Meta Stock Plunges Following Earnings Announcement
The price has fallen to the lowest point since 2015
Comcast Reports Higher Cord-Cutting, Sky Writedown
Comcast wrote down Sky by $8.6 billion, or about 22% of its purchase price, due to a more pessimistic view about the satellite TV service's future profits.
Blockchain.com Discussing Fresh Funding at Sharply Lower Valuation
The startup last raised a Series D round led by Lightspeed Venture Partners in March that valued the company at $14 billion.
Shopify Shares Surge As Revenue Growth Ticks Higher
Shopify’s revenue jumped 22% as the e-commerce company saw growth in payment processing and other add-on services, sending shares up nearly 18%.
Elon Musk Tells Advertisers Twitter Won’t Become “Free-For-All Hellscape”
The deal’s not closed yet but Musk is making move to assuage Twitter’s clients
Apple Pauses Gambling, Other Ads on App Pages After Criticism
The move comes after online backlash from developers who said the ads on their app pages were hurting their brands.
Mobileye Rises 38% in First Day of Trading
The debut is the first major tech offering this year, a period marked by rising interest rates and falling stock prices.
Weekday mornings
The Information AM by The Information Staff
Start your morning with the important global tech news of the day, covered by The Information team across five time zones.
By providing your email, you agree to The Information’s Privacy Policy