Meta tells employees it plans to exit its Portal smart display business and wind down smartwatch projects, and that 46% of the 11K jobs cut were in technology (Reuters) - TechnW3 Reviewed by TechNW3 on 13:41 Rating: 5

Alibaba doesn't disclose its Singles' Day sales for the first time, instead saying gross merchandise value was in line with 2021, when it had $76.1B in sales (Jane Zhang/Bloomberg) - TechnW3 Reviewed by TechNW3 on 12:41 Rating: 5

Europol says it has arrested Russian national in Canada linked to LockBit ransomware attacks on critical infrastructure organizations and high-profile companies (Sergiu Gatlan/BleepingComputer) - TechnW3 Reviewed by TechNW3 on 10:41 Rating: 5

Sources: Twitter's head of Trust & Safety Yoel Roth and head of sales Robin Wheeler resigned today (Kurt Wagner/@kurtwagner8) - TechnW3 Reviewed by TechNW3 on 14:41 Rating: 5

AMD announces its 4th-gen Epyc Genoa chips, based on the Zen 4 architecture, with up to 96 cores and support for DDR5, PCIe 5.0, and Compute Express Link (Tobias Mann/The Register) - TechnW3 Reviewed by TechNW3 on 13:41 Rating: 5

Sources: SBF quietly invested $500M+ in Paradigm, Sequoia, and other VCs, including a $200M commitment to Sequoia; Pitchbook shows he commited $300M to K5 (Kate Clark/The Information) - TechnW3 Reviewed by TechNW3 on 12:41 Rating: 5

Twitter staffers say they are concerned by the rollout of features without the security reviews required by a consent decree the FTC reached with Twitter in May (Washington Post) - TechnW3 Reviewed by TechNW3 on 12:41 Rating: 5

FTX US warns users to close their positions as it might halt trading in the coming days, hours after SBF said in a Twitter thread that FTX US was "100% liquid" (Nikhilesh De/CoinDesk) - TechnW3 Reviewed by TechNW3 on 11:41 Rating: 5

Google expands its user third-party billing pilot to the US, Brazil, and South Africa, with Bumble and Spotify, which will roll out its test this week (Sarah Perez/TechCrunch) - TechnW3 Reviewed by TechNW3 on 10:41 Rating: 5

Amazon becomes the world's first public company to lose $1T in market value, shrinking to ~$879B from $1.88T in July 2021; Microsoft lost $889B since Nov. 2021 (Bloomberg) - TechnW3 Reviewed by TechNW3 on 15:41 Rating: 5