90 – Breaking News & Latest Updates 2026
Skip to main content

Elizabeth Lopatto

Elizabeth Lopatto

Senior Reporter

Senior Reporter

    More From Elizabeth Lopatto

    Elizabeth Lopatto
    Elizabeth Lopatto
    It’s spooky season!

    What is the difference between spooky versus scary, and how do you design that experience? I loved this essay, which uses examples from the set of Hocus Pocus and haunted houses, to think a little more about the difference:

    Unsurprisingly, McHale told me that he finds comfort in spookiness, for the way it lets us think about life and death at the same time. It allows us to play with those ideas, as Clasen would say. “If it goes too far, you’re confronted with things you don’t want to deal with, but if it’s just enough, it’s a comfort,” McHale said. “If it’s lightly spooky, it’s almost a whimsical reminder of what life is about.”

    Dirt: On Spookiness

    [dirt.substack.com]

    Elizabeth Lopatto
    Elizabeth Lopatto
    Twitter is freezing its employees’ equity awards.

    This week was supposed to be the trial for Twitter v Musk, but there’s been a pause in the case to let the deal close. The deadline for closing is October 28th. Looks like Twitter thinks he’s serious this time!

    Elizabeth Lopatto
    Elizabeth Lopatto
    Do Kwon is once again insisting, despite the existence of an Interpol red notice, that he is not on the run.

    “Since the end of last year, I haven’t been living in South Korea, so it wouldn’t be accurate to say ‘returning to South Korea’” to face the music, the noted crypto villain tells Laura Shin.

    He says he hasn’t seen a copy of the warrant for his arrest. He still won’t say where he is (for “personal security” reasons), and, of the charges against him, says, “we are a little bit disappointed in the way that prosecutors are attempting to create new regulation through criminal enforcement proceedings.”

    Elizabeth Lopatto
    Elizabeth Lopatto
    You ever read a court filing and just think “headline bait?”

    So Twitter has filed a motion to compel production of documents, which begins “Elon Musk is presently under investigation by federal authorities for his conduct in connection with the acquisition of Twitter. “ The motion doesn’t say which authorities, or what “under investigation” means in this context, which seems like it covers a wide range of severity? Anyway you can read the documents for yourself but... odd.

    Bloomberg notes that the SEC sent Musk a letter earlier this year about how he’d disclosed his stake in Twitter (weirdly using a schedule 13G, which suggests he didn’t plan to be an activist, and also a little late).

    Elizabeth Lopatto
    Elizabeth Lopatto
    Elon Musk’s Twitter investors have cold feet, too.

    Around $7 billion of the money Musk is buying Twitter with comes from VC funds and other (wealthy) entities that committed earlier this year. But now that the deal is back on?

    “We’re all trying to get out of it, to be honest,” said Andrea Walne, a general partner at Manhattan Venture Partners.

    MVP committed to invest in the deal earlier this year, but a question remains as to whether the firm and others will actually be on the hook for the full amount they committed to, according to Walne. “We talked to the other investors, everyone’s trying to get out of it, no one thinks the company should be valued at $44 billion,” she said.

    Elizabeth Lopatto
    Elizabeth Lopatto
    Forget AI prompts, the real money is in writing tweets for VCs.

    I feel like such a dummy, thinking writing was about making sense of the world and like, “personal expression,” whatever that is. Please pay me $100,000 to do a thinkfluencer tweet thread! I would like to own an Eames chair one day.

    Elizabeth Lopatto
    Elizabeth Lopatto
    Were you wondering about Elon Musk’s personal life?

    After interviewing “more than 40 people who have spent time socially with Mr. Musk over the past 15 years,” The New York Times has discovered Musk likes Nathan Fielder, costume parties, and Monty Python.

    Also, Twitter is an important emotional outlet for him.

    Elizabeth Lopatto
    Elizabeth Lopatto
    The SEC is looking into Yuga Labs.

    Hey, remember when I was like “gee, ApeCoin seems weird and if I were the SEC I’d be looking into it” back in March? Yeah, well, the SEC is looking into it. Doesn’t necessarily mean there will be charges, though!