Disney Plus extends subscriber lead over HBO Max – but Netflix is still top dog

Just days after HBO Max owner Warner Bros. Discovery (WBD) lifted the lid on its latest set of streaming results, Disney has followed suit with its own quarterly earnings report.  The entertainment giant revealed its flagship streaming property – Disney Plus – attracted a whopping 12.1 million new subscribers between July and September of this…

Twitter staffer says Elon Musk and his close advisers failed to inform employees of the plan of action after layoffs, report says

Twitter owner Elon Musk. Patrick Pleul/Pool/AFP via Getty Images Twitter staff told WIRED they’ve heard nothing from Elon Musk and his advisors since the layoffs. One Twitter engineer in the report described the past week as “radio silence.” Despite this, Musk has frequently tweeted about upcoming changes on Twitter and had scraps. Elon Musk and…

The House member who received Elon Musk’s first vote for a Republican lost her seat after only 5 months

Elon Musk (L) and Mayra Flores (R) Muhammed Selim Korkutata/Getty Images / Bill Clark/CQ-Roll Call, Inc via Getty Images The GOP candidate whom Elon Musk says got his first Republican vote lost her race.  Musk said he voted for Mayra Flores in the June special election she won in Texas.  Flores lost to Democrat Vicente…

Facebook has announced layoffs. Here’s which teams are likely to be affected.

Hello again, tech fans. Writing to you from New York, I’m your host, Jordan Parker Erb. First things first: results from the 2022 midterm elections are still coming in – follow Insider’s live coverage here. But in the tech world: There’s one thing we can’t seem to escape — layoffs. This morning Meta announced it will…

Elon Musk’s Twitter took no action against problematic election posts flagged on Tuesday, watchdog says

A watchdog group has said Elon Musk’s Twitter took little action against election posts they flagged, per Reuters. Alex Kantrowitz A watchdog group has said Musk’s Twitter took no action against election posts they flagged. The group said tweets by some Republican politicians should have included a warning under Twitter’s current policy.  Elon Musk has…

Binance just bought FTX. Here’s how rumors of insolvency and fears of contagion led Sam Bankman-Fried into a deal.

Good morning team, Phil Rosen here. When I woke up yesterday, I would not have guessed that the day after a major US election (live updates here) I’d be leading the newsletter with cryptocurrency — but the world of deal-making waits for no one.  Here’s the short of it: The once-top-dog crypto firm, FTX, helmed…

Bitcoin and other cryptos spiral lower as worries about the fallout from FTX’s troubles grow

FTX boss Sam Bankman-Fried. Photo by Alex Wong/Getty Images Bitcoin and most cryptos extended losses Wednesday as worries built about the FTX fallout. Sol plunged 31% and the crypto market cap dropped 11% on fears the troubles would spread. FTX has seen $6 billion in withdrawals and is suffering a ” liquidity crunch”, Binance’s CEO…

Read the memo Mark Zuckerberg sent to employees announcing Meta’s plans to lay off more than 11,000 people

Meta CEO Mark Zuckerberg sent a note to employees on Wednesday about layoffs. AP Photo/Mark Lennihan Mark Zuckerberg sent a memo to employees on Wednesday announcing mass layoffs at Meta. The CEO said Meta planned to reduce its workforce by laying off more than 11,000 workers. He added that he wanted to take accountability for…