Yahoo Finance The Morning After: Elon Musk now owns Twitter
And Twitter’s CEO is out.
After a months-long legal battle that has engulfed Twitter since Elon Musk first offered to buy the company for $44 billion in April, the deal is done, and Musk is already ringing in the changes. Musk, who has criticized Twitter's leadership, fired CEO Parag Agrawal and Chief Financial Officer Ned Segal, as well as several more top executives. He’s also likely to let more staff go, though he has told employees the cuts won't be as high as 75 percent.
Musk spent time in Twitter's San Francisco headquarters this week, where he met with employees. Bloomberg reported that he brought in some Tesla engineers to help "assess" Twitter's code. The new owner wants to loosen moderation rules and even make the social network “open source” so users can better understand what Twitter is recommending. Longer term, Musk has mentioned turning Twitter into “the everything app” akin to WeChat in China, and even the possibility of charging companies for tweet embeds.
– Mat Smith
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Microsoft Surface Pro 9 5G (SQ3 chip) review
Not this one.
The Surface Pro 9 with 5G makes it clear that Microsoft has learned some lessons since its first tablets – the original Surface launched ten years ago. The company’s latest hybrid is impeccably designed and can tap into speedy 5G networks. Unfortunately, it also retreads some errors of the past. These boil down to the custom SQ3 ARM system-on-a-chip, which isn’t as good as the Intel silicon found in the other Surface Pro 9. According to Engadget’s Devindra Hardawar, this custom chip leads to generally slow performance, compatibility issues and disappointment. It’s also more expensive than the faster Intel model.
Samsung posts a 23 percent profit decline due to weak demand
But its mobile business still had a stellar third quarter.
Samsung has reported a record consolidated revenue of 76.78 trillion Korean won ($54 billion) for the third quarter of 2022, but this included a decline in profit from the previous quarter and year-over-year. The tech giant's operating profit (KRW 10.85 trillion or $7.6 billion) has declined 23 percent from the second quarter. This was due to less demand for its component business, but the company’s phone and networks arm had a great quarter, attributed to sales of the Galaxy Z Fold 4 and Z Flip 4, both of which showed stronger growth than their foldable predecessors.
Apple pulls gambling ads from App Store product pages following backlash
It’s paused the ads for now.
On October 25th, Apple started displaying more ads in the App Store, particularly in the "Today" tab and at the bottom of app listings. Since then, multiple developers have complained about seeingads for gambling under their listings' "You Might Also Like" section, when they have nothing to do with their applications. Apple told MacRumors that it has "paused ads related to gambling and a few other categories on App Store product pages."
NASA's InSight lander detected a meteoroid impact on Mars
This may be InSight's last big accomplishment before it shuts down.
Researchers learned that a quake detected by the lander in Mars' Amazonis Planitia region on December 24th, 2021 was actually a meteoroid impact — the first time any mission has witnessed a crater forming on the planet. The meteoroid is believed to have been somewhere between 16 and 39 feet long. It would have burned up in Earth's skies, but it was large enough to survive Mars' extra-thin atmosphere.
Netflix's animated Sonic series will arrive on December 15th
And our first look at 'Sonic Prime'.
Almost two years after Netflix tweeted (and deleted) about an animated Sonic the Hedgehog series that's coming to the streaming service, the show has a release date. Season one of Sonic Prime will hit the platform on December 15th. The first season will have 24 episodes. Netflix has also tweeted a teaser for the series.
UN warns there's currently 'no credible pathway' to keep temperature rise under 1.5C
It says societal and infrastructure overhauls are needed.
The United Nations has issued another stark warning that, under current policies, the planet is falling far short of the Paris Agreement goal of keeping the rise in global temperatures below 1.5 degrees Celsius. That's the threshold scientists say we have to remain under in order to mitigate extreme, life-threatening weather events, such as heatwaves, droughts and tropical storms. The statement added there was "no credible pathway to 1.5C in place." The 13th edition of the Emissions Gap Report reiterates that major changes are required. It laid out the necessary actions across electricity supply, industry, transport and buildings, along with food and financial systems. The report noted that we'd need to reduce greenhouse gas emissions by a further 45 percent by 2030.
