🔥 The Hottest App Right Now? One Where Teens Have to Say Nice Things About Each Other

Plus: Amazon's attrition costs $8 billion annually, Andreessen Horowitz's Crypto Lobbying Blitz Is Paying Off, and more…

Today’s pick

The Hottest App Right Now? One Where Teens Have to Say Nice Things About Each Other.. TBH was hot. Five years ago, the app, which prompted teens to compliment one another, topped Apple's App Store charts and quickly amassed millions of users in the coveted high-school demographic. Facebook snapped it up less than three months after… (Ann-Marie Alcántara / Wall Street Journal)

Ann-Marie Alcántara @itstheannmarie

my latest story looks at gas, an anon app where teens share nice things about each other! ty to @nikitabier for chatting with me about it!

wsj.comThe Hottest App Right Now? One Where Teens Have to Say Nice Things About Each OtherGas is topping Apple’s App Store charts even though it’s live in fewer than a dozen states.

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Exclusive: Amazon's attrition costs $8 billion annually according to leaked documents. And it gets worse. Amazon churns through workers at an astonishing rate, well above industry averages. According to a tranche of documents marked “Amazon Confidential” provided to Engadget and not previously reported on, that staggering attrition now… (Avery Menegus / Engadget)

Avery (holographic, mint condition) @averysmallghost

Scoop: leaked internal documents finally provided an estimate for how much Amazon's strategy of burning through the American workforce costs -- $8 billion a year

engadget.comExclusive: Amazon’s attrition costs $8 billion annually according to leaked documents. And it gets worse. | EngadgetAmazon churns through workers at an astonishing rate, well above industry averages.

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Andreessen Horowitz's Crypto Lobbying Blitz Is Paying Off. In April, Andreessen Horowitz partners Ben Horowitz, Anthony Albanese, and Chris Dixon threw a fundraiser for Bronx congressman Ritchie Torres at the New York nightclub Zero Bond. They encouraged guests to donate between $500 and $5,800 in U.S. (David Jeans / Forbes)

David Jeans @DavidJeans2

Partners at Andreessen Horowitz, which has $7B for Web3 investments, held a fundraiser for Bronx congressman Ritchie Torres. A few months later, Torres pressured an obscure industry group that threatened to derail a portfolio company.

forbes.comAndreessen Horowitz’s Crypto Lobbying Blitz Is Paying OffPartners at A16Z held a fundraiser for New York congressman Ritchie Torres. Soon after, he pressured an industry group that threatened to derail a portfolio company.

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Microsoft lays off nearly 1,000 people across the company. Microsoft lays off nearly 1,000 people across the company. A week after Microsoft announced new hardware and big moves in the VR and AR space it's reportedly laid off nearly 1,000 people across the… ( The Verge)

Tom Warren @tomwarren

Microsoft has started layoffs today. I’m hearing some in Experiences + Devices, Xbox, legal, strategic tech positions, and elsewhere are impacted. The layoffs impact less than 1,000 employees, but some veterans and truly talented teams are impacted 😔 theverge.com/2022/10/17/234…

theverge.comMicrosoft lays off nearly 1,000 people across the company. - The VergeA week after Microsoft announced new hardware and big moves in the VR and AR space it’s reportedly laid off nearly 1,000 people across the company, including on the Xbox and Edge teams. Also affected was the MSMT division, which is focused on developing next gen tech.

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Stability AI, the startup behind Stable Diffusion, raises $101M. Stability AI, the company funding the development of open source music- and image-generating systems like Dance Diffusion and Stable Diffusion, today announced that it raised $101 million in a funding round… (Kyle Wiggers / TechCrunch)

TechCrunch @TechCrunch

Stability AI, the startup behind Stable Diffusion, raises $101M tcrn.ch/3eBkKOS by @Kyle_L_Wiggers

tcrn.chStability AI, the startup behind Stable Diffusion, raises $101MStability AI, the startup behind the image-generating AI system Stable Diffusion, has raised $101 million at a reported valuation over $1 billion.

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