Twitter plans to label select accounts “Official” when the new Blue launches; not all previously verified accounts will get the label, which won’t be for sale (Jay Peters/The Verge)

Jay Peters / The Verge: Twitter plans to label select accounts “Official” when the new Blue launches; not all previously verified accounts will get the label, which won’t be for sale  —  Twitter is rolling out another type of check mark to help distinguish accounts that users actually need to know are real.

Sources: UMG, Sony, and Warner have been negotiating with ByteDance for a share of TikTok ad revenue and increased royalties before their contracts expire (Bloomberg)

Bloomberg: Sources: UMG, Sony, and Warner have been negotiating with ByteDance for a share of TikTok ad revenue and increased royalties before their contracts expire  —  TikTok has attracted more than 1 billion users with videos set to music.  Now the world’s largest record labels want the social media app to pay more for those […]

New research collaboration aims to tackle global societal challenges through design

At a signing ceremony last week, leaders from the MIT School of Architecture and Planning, the MIT Morningside Academy for Design (MAD) and the Hasso Plattner Institute (HPI) announced the Hasso Plattner Institute-MIT Research Program on Designing for Sustainability. This research collaboration, funded by the Hasso Plattner Foundation, is an eight-year program to drive joint […]

Urbanization: No fast lane to transformation

Accra, Ghana, “is a city I’ve come to know as well as any place in the U.S,” says Associate Professor Noah Nathan, who has conducted research there over the past 15 years. The booming capital of 4 million is an ideal laboratory for investigating the rapid urbanization of nations in Africa and beyond, believes Nathan, […]

As Twitter’s problems mount, Elon Musk is on pace to tweet over 750 times in November, or more than 25 times a day, up from around 13 per day in April (Ryan Mac/New York Times)

Ryan Mac / New York Times: As Twitter’s problems mount, Elon Musk is on pace to tweet over 750 times in November, or more than 25 times a day, up from around 13 per day in April  —  The new owner of Twitter has embarked on a tweeting spree to push back, spar and justify […]

Nintendo reports Q2 operating profit of ~$809M, up from ~$685M YoY, and cuts its fiscal year Switch sales forecast by 10% to 19M; a weakened yen boosts results (Takashi Mochizuki/Bloomberg)

Takashi Mochizuki / Bloomberg: Nintendo reports Q2 operating profit of ~$809M, up from ~$685M YoY, and cuts its fiscal year Switch sales forecast by 10% to 19M; a weakened yen boosts results  —  Nintendo Co. cut its fiscal-year forecast for Switch console sales by 10% to 19 million after reporting earnings in line with expectations.

Indonesia-based PT Global Digital Niaga, which owns e-commerce group Blibli, raised ~$509M in Jakarta’s second-largest IPO in 2022, after GoTo’s $1.1B April IPO (Bloomberg)

Bloomberg: Indonesia-based PT Global Digital Niaga, which owns e-commerce group Blibli, raised ~$509M in Jakarta’s second-largest IPO in 2022, after GoTo’s $1.1B April IPO  —  PT Global Digital Niaga, the owner of Indonesia’s e-commerce group Blibli, ended its first day of trade unchanged …

An easier way to remove medical devices

By taking advantage of a phenomenon that leads to fractures in metal, MIT researchers have designed medical devices that could be used inside the body as stents, staples, or drug depots, then safely broken down on demand when they’re no longer needed. The researchers showed that biomedical devices made from aluminum can be disintegrated by […]

Activision Blizzard reports Q3 net bookings down 3% YoY to $1.83B vs. $1.7B est., and MAUs down 6% YoY to 368M; Modern Warfare II made $1B+ in its first 10 days (Dean Takahashi/VentureBeat)

Dean Takahashi / VentureBeat: Activision Blizzard reports Q3 net bookings down 3% YoY to $1.83B vs. $1.7B est., and MAUs down 6% YoY to 368M; Modern Warfare II made $1B+ in its first 10 days  —  Activision Blizzard reported that its bookings for the third quarter ended September 30 fell 3% to $1.83 billion compared […]

Source: Twitter is telling advertisers the site added 15M+ mDAUs since the end of Q2, “crossing the quarter billion mark”; Musk also tweeted user numbers are up (Alex Heath/The Verge)

Alex Heath / The Verge: Source: Twitter is telling advertisers the site added 15M+ mDAUs since the end of Q2, “crossing the quarter billion mark”; Musk also tweeted user numbers are up  —  Twitter’s daily user growth hit “all-time highs” during the first full week of Elon Musk owning the platform …

End-to-end encrypted messaging app Signal launches its Stories feature out of beta on Android and iOS; users’ Stories will automatically expire after 24 hours (Aisha Malik/TechCrunch)

Aisha Malik / TechCrunch: End-to-end encrypted messaging app Signal launches its Stories feature out of beta on Android and iOS; users’ Stories will automatically expire after 24 hours  —  End-to-end encrypted messaging app Signal is rolling out a new Stories feature to all users on Android and iOS, the company announced on Monday.

UpNano joins MIT.nano Consortium

MIT.nano has announced that UpNano US Inc., a company that manufactures and supplies high-precision and high-resolution 3D printing instruments for academia and industry, has joined the MIT.nano Consortium. This engagement, initially planned for two years, will include locating one of UpNano’s NanoOne 1000 instruments in MIT.nano. “We’re thrilled to welcome UpNano to the MIT.nano Consortium,” […]

A whole new world of learning via MIT OpenCourseWare videos

Like millions of others during the global Covid-19 lockdowns, Emmanuel Kasigazi, an entrepreneur from Uganda, turned to YouTube to pass the time. But he wasn’t following an influencer or watching music videos. A lifelong learner, Kasigazi was scouring the video-sharing platform for educational resources. Since 2013, when he got his first smartphone, Kasigazi has been […]

Unity, which makes the eponymous game engine, merges with adtech company ironSource in a $4.4B all-stock deal; Unity stock is down ~75% YTD and ironSource ~50% (Paul Sawers/TechCrunch)

Paul Sawers / TechCrunch: Unity, which makes the eponymous game engine, merges with adtech company ironSource in a $4.4B all-stock deal; Unity stock is down ~75% YTD and ironSource ~50%  —  Unity’s proposed merger with IronSource has formally concluded, with the two companies coming together to create an end …

Hua Hong Semiconductor, China’s second-largest chipmaker, receives approval for a ~$2.5B Shanghai IPO and plans to use the funds to build a plant in Wuxi, China (Reuters)

Reuters: Hua Hong Semiconductor, China’s second-largest chipmaker, receives approval for a ~$2.5B Shanghai IPO and plans to use the funds to build a plant in Wuxi, China  —  Chinese chip manufacturer Hua Hong Semiconductor Ltd (1347.HK) has received regulatory approval for an 18 billion yuan …

Algerian startup Yassir, which offers on-demand ride hailing, banking, and more, raised $150M led by BOND to expand overseas, bringing its funding to $193M (Nicolas Parasie/Bloomberg)

Nicolas Parasie / Bloomberg: Algerian startup Yassir, which offers on-demand ride hailing, banking, and more, raised $150M led by BOND to expand overseas, bringing its funding to $193M  —  Startup Yassir secured $150 million from global investors in North Africa’s largest fundraising as the tech firm seeks to roll out its super app overseas.

Apple says it expects iPhone 14 Pro and 14 Pro Max shipments to be lower than anticipated due to COVID-19 restrictions at a Foxconn factory in Zhengzhou, China (Joe Rossignol/MacRumors)

Joe Rossignol / MacRumors: Apple says it expects iPhone 14 Pro and 14 Pro Max shipments to be lower than anticipated due to COVID-19 restrictions at a Foxconn factory in Zhengzhou, China  —  Apple today said it expects iPhone 14 Pro and iPhone 14 Pro Max shipments to be lower than the company previously anticipated […]

Elon Musk tweets that “any Twitter handles engaging in impersonation without clearly specifying ‘parody’ will be permanently suspended” (Richard Lawler/The Verge)

Richard Lawler / The Verge: Elon Musk tweets that “any Twitter handles engaging in impersonation without clearly specifying ‘parody’ will be permanently suspended”  —  Elon Musk’s Twitter has a new rule for everyone with an account on Twitter to follow, as he announced from his own account …

Sources: Meta plans to lay off thousands of employees this week, with an announcement expected as soon as Wednesday, the first broad layoffs in its history (Wall Street Journal)

Wall Street Journal: Sources: Meta plans to lay off thousands of employees this week, with an announcement expected as soon as Wednesday, the first broad layoffs in its history  —  Social-media giant’s planned cuts expected to affect many thousands of its workforce, which exceeded 87,000 as of September

Flipkart CEO Kalyan Krishnamurthy says the company will cut back on dealmaking and hiring as losses mount, amid fierce competition from Amazon and Reliance (Financial Times)

Financial Times: Flipkart CEO Kalyan Krishnamurthy says the company will cut back on dealmaking and hiring as losses mount, amid fierce competition from Amazon and Reliance  —  CEO Krishnamurthy insists country’s ecommerce sector remains ‘vibrant’  —  Flipkart’s chief executive says the Walmart-owned ecommerce group …

Hands-on with Matter devices at an official launch event; Matter has a long way to go before it delivers on a promise of an interoperable and simple smart home (Jennifer Pattison Tuohy/The Verge)

Jennifer Pattison Tuohy / The Verge: Hands-on with Matter devices at an official launch event; Matter has a long way to go before it delivers on a promise of an interoperable and simple smart home  —  At the official launch event for Matter this week, I saw a lot of exciting things: a Google Nest […]

A look at Twitter’s chaotic first week under Elon Musk, who is acting like a poker player on tilt trying too hard to get his money back all at once (Dave Karpf/The Future, Now and Then)

Dave Karpf / The Future, Now and Then: A look at Twitter’s chaotic first week under Elon Musk, who is acting like a poker player on tilt trying too hard to get his money back all at once  —  Well, Elon’s first week running Twitter has gone worse than I expected.  I said last week […]

The US DOJ seizes internet domains for Z-Library, a repository that went viral on TikTok for offering 11M+ books, including pirated textbooks, and 84M articles (Bill Toulas/BleepingComputer)

Bill Toulas / BleepingComputer: The US DOJ seizes internet domains for Z-Library, a repository that went viral on TikTok for offering 11M+ books, including pirated textbooks, and 84M articles  —  Internet domains for the popular Z-Library online eBook repository were seized early this morning by the U.S. Department of Justice, preventing easy access to the […]

A Twitter product lead says the new Blue subscription isn’t live yet, but some users may see updates “because we are testing and pushing changes in real-time” (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: A Twitter product lead says the new Blue subscription isn’t live yet, but some users may see updates “because we are testing and pushing changes in real-time”  —  Just days after newly minted Twitter CEO Elon Musk floated changes to Twitter’s system for verifying user accounts …