Carvana says it will lay off about 1,500 people, or ~8% of its workforce, adding to the ~2,500 workers it laid off in May 2022 (Kathryn Hardison/Wall Street Journal) - TechnW3 Reviewed by TechNW3 on 13:41 Rating: 5

Sources: some internal estimates show that at least 1,200 full-time Twitter employees resigned on Thursday; Twitter had about 3,700 staff after mass layoffs (New York Times) - TechnW3 Reviewed by TechNW3 on 12:41 Rating: 5

[Thread] Elon Musk says "new Twitter policy" will deboost and demonetize "negative/hate tweets", reinstates Kathy Griffin, Jordan Peterson, and Babylon Bee (Elon Musk/@elonmusk) - TechnW3 Reviewed by TechNW3 on 11:41 Rating: 5

US Citizenship and Immigration Services data shows Twitter had nearly 300 people approved to work on H-1B visas in FY 2022 and Meta had more than 1,300 (CNN) - TechnW3 Reviewed by TechNW3 on 10:41 Rating: 5

Analysis: Masayoshi Son personally owes SoftBank ~$5B due to its growing losses; his stake in the second Vision Fund is close to zero, down from $2.8B in 2021 (Financial Times) - TechnW3 Reviewed by TechNW3 on 13:41 Rating: 5

TikTok begins testing its research API, announced in July, with members of its Content and Safety Advisory Councils, and is working on a content moderation API (Aisha Malik/TechCrunch) - TechnW3 Reviewed by TechNW3 on 12:41 Rating: 5

An update to About Twitter Blue page shows it won't let accounts less than 90 days old sign up for Blue when the service relaunches, probably on November 29 (Mitchell Clark/The Verge) - TechnW3 Reviewed by TechNW3 on 11:41 Rating: 5

Facebook will remove religious and political views, addresses, and "Interested in" field, which indicates sexual preference, from user profiles on December 1 (Thomas Germain/Gizmodo) - TechnW3 Reviewed by TechNW3 on 11:41 Rating: 5

Sources: SoftBank sells 29.35M Paytm shares, or a 4.5% stake, for $200M, causing Paytm stock to drop 9%+; Vision Fund was Paytm's second-largest shareholder (Reuters) - TechnW3 Reviewed by TechNW3 on 10:41 Rating: 5

Coinbase's stock has dropped 81% in 2022, taking its market cap down from $81B at its IPO to $11B, as the broader crypto market falters and investors lose faith (Sam Goldfarb/Wall Street Journal) - TechnW3 Reviewed by TechNW3 on 10:41 Rating: 5