Shopify changes its compensation practices to let staff choose a mix of cash, restricted stock units, and stock options; Shopify stock is down 75% in 2022 (Stefanie Marotta/Bloomberg)

Sunil Jagtiani / Bloomberg:
FTX to provide $6M in compensation to account holders impacted by a phishing incident via a 3rd-party site but says this kind of relief will not become the norm  —  Digital-asset exchange FTX will provide about $6 million compensation to its account holders impacted by a phishing incident via a third-party website.

Annie Palmer / CNBC:
Research firm says Shopify is warning its merchants not to use Amazon’s checkout service Buy with Prime, saying it is a security risk and violates Shopify ToS  —  – Shopify is warning merchants that Amazon’s one-click checkout service violates its terms of service, according to Marketplace Pulse.

Takashi Mochizuki / Bloomberg:
Sources: Sony plans to make 2M PlayStation VR2 units by March 2023, an ambitious target, and has not yet faced supply chain constraints  —  Sony Group Corp. plans to make 2 million units of the PlayStation VR2 headset by March next year, people familiar with the matter said …

Nivedita Balu / Reuters:
Shopify reports Q3 revenue rose 22% YoY to $1.4B, above $1.34B estimates, and GMV grew 11% YoY to $46.2B; shares jump 7%+  —  Shopify Inc (SHOP.TO) beat Wall Street estimates for quarterly revenue on Thursday, as businesses stuck to the Canadian online services provider’s tools and payment options to scale up.

Kyle Wiggers / TechCrunch:
Versa Networks, which helps companies unify network and security tools into a single console, raised $120M in equity and debt, bringing its funding to $316M  —  Networking and cybersecurity firm Versa today announced that it raised $120 million in a mix of equity and debt led by BlackRock, with participation from Silicon Valley Bank.

Blake Brittain / Reuters:
Shopify settles a lawsuit with major educational publishers that claimed the platform ignored notices of users selling pirated textbooks and other materials  —  Shopify Inc has settled allegations by a group of major educational publishers that the Canadian e-commerce company enables piracy on its platform …