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Elon Musk plans to cut 75% of Twitter staff if he takes over company – report — Guardian

Elon Musk told prospective investors that he plans to eliminate nearly 75% of Twitter’s staff, writes Kari Paul.

Here is the link: https://www.theguardian.com/technology/2022/oct/20/elon-musk-twitter-staff-layoff-takeover

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Island raises $175M

Dallas, Texas-based enterprise browser company Island raised $175 million in Series D funding, raising the company's valuation to $3 billion.

Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison — Gizmodo

Zhao pleaded guilty to money laundering violations as part of Binance’s agreement with the United States Department of Justice, writes Maxwell Zeff in Gizmodo.