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In a now deleted tweet, Elon Musk said verified accounts would get a “few weeks grace” but would lose their badges if “they tell they won't pay now” (Aaron McDade/Yahoo Finance) 02-04-2023

Aaron McDade / Yahoo Finance: In a now deleted tweet, Elon Musk said verified accounts would get a “few weeks grace” but would lose their badges if “they tell they won’t pay now”  —  – The first day of Twitter’s previously announced axing of “legacy” verified checks nearly passed without incident. Lees verder op Tech Meme

Twitter removed the verified badge from the New York Times' main account after Elon Musk responded to a meme outlining the outlet's decision not to pay for Blue (Drew Harwell/Washington Post) 02-04-2023

Drew Harwell / Washington Post: Twitter removed the verified badge from the New York Times’ main account after Elon Musk responded to a meme outlining the outlet’s decision not to pay for Blue  —  The Times and other news organizations say they won’t pay for the icon, which is designed to protect against impersonation. Lees verder op Tech Meme

A16Z appears to openly court Saudi capital; Horowitz compared the US unfavorably to the Saudis after the US government appeared unmoved by an Andreessen essay (Connie Loizos/TechCrunch) 02-04-2023

Connie Loizos / TechCrunch: A16Z appears to openly court Saudi capital; Horowitz compared the US unfavorably to the Saudis after the US government appeared unmoved by an Andreessen essay  —  Andreessen Horowitz is now openly courting capital from Saudi Arabia, despite U.S. strains.  —  According to Bloomberg … Lees verder op Tech Meme

Sources: SVB execs bought long-term assets that paid more interest based on a misplaced profit-driven strategy, falling out of compliance with its risk model (Washington Post) 02-04-2023

Washington Post: Sources: SVB execs bought long-term assets that paid more interest based on a misplaced profit-driven strategy, falling out of compliance with its risk model  —  Focused on profits, leaders made decisions that foreshadowed the bank’s surprise failure  —  Flush with cash from a booming tech industry … Lees verder op Tech Meme