Newslit Daily
Newslit Daily
✂️ Meta Lays Off More Than 11,000 Employees
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✂️ Meta Lays Off More Than 11,000 Employees

Plus: Binance backs out of FTX rescue, How TikTok scrutinizes and scores the creators on its shopping platform, and more…

Today’s pick

Meta Lays Off More Than 11,000 Employees. Since Mark Zuckerberg founded Facebook in 2004, the Silicon Valley company has steadily hired more employees. At the end of September it had amassed its largest-ever number of workers, totaling 87,314 people. But on Wednesday, the company —… (Sheera Frenkel / The New York Times)

Meta Official Press Release


Binance backs out of FTX rescue, leaving the crypto exchange on the brink of collapse. Binance is backing out of its plans to acquire FTX, the company said Wednesday. Binance is backing out of its plans to acquire FTX, the company said Wednesday. The reversal comes one day after Zhao announced that Binance, the world's largest… (MacKenzie Sigalos / CNBC)


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Exclusive: How TikTok scrutinizes and scores the creators on its shopping platform. A career as a TikTok creator can be described as equal parts glamorous and soul-crushing. You don't need to look far for stories of those who achieved Tok-stardom, only to be met with a lifestyle full of burnout, instability and constant scrutiny… (Shoshana Wodinsky / MarketWatch)


Musk's First Email to Twitter Staff Ends Remote Work. New Twitter Inc. owner Elon Musk emailed his workers for the first time late Wednesday to prepare them for “difficult times ahead.” Musk said there was “no way to sugarcoat the message” about the economic outlook and how… (Kurt Wagner / Bloomberg)


'Hey, GitHub!' lets programmers code with just their voice. Microsoft-owned GitHub is experimenting with a new voice-based interaction system for its Copilot software. “Hey, GitHub!” will allow programmers to code with just their voice and no keyboard, just like how you'd speak to Siri, Alexa… (Tom Warren / The Verge)


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