Sources: Twitter and Elon Musk are preparing for his buyout to be completed by the October 28 court-issued deadline, thanks to a breakthrough between both sides (Bloomberg)

New York Times:
Sources: Elon Musk and his advisers have discussed adding paid DMs to Twitter, which would let users send private messages to “Very Important Tweeters”  —  The billionaire and his advisers have discussed adding paid direct messages, fees to watch videos and other features to the service.

Jef Feeley / Bloomberg:
Sources: Elon Musk plans to skip his October 6 deposition by Twitter’s lawyers in Austin  —  Elon Musk won’t be showing up Thursday for a long-awaited deposition in Twitter Inc.’s lawsuit aimed at forcing him to go through with a $44 billion buyout of the company, according to people familiar with the matter.

Bailey Lipschultz / Bloomberg:
Coinbase’s stock closed down 9.54%, Robinhood closed down 13.76%, and MicroStrategy closed down 19.58%, amid a meltdown in crypto markets  —  Shares of Robinhood Markets Inc. and Coinbase Global Inc. took another beating Wednesday as the meltdown in crypto markets rattled investors amid doubts …

Jennifer Pattison Tuohy / The Verge:
Hands-on with Matter devices at an official launch event; Matter has a long way to go before it delivers on a promise of an interoperable and simple smart home  —  At the official launch event for Matter this week, I saw a lot of exciting things: a Google Nest Hub controlling an Eve Energy smart plug …

Jennifer Pattison Tuohy / The Verge:
Samsung announces expanded Google partnership to let Galaxy phone and tablet users onboard Matter-compatible devices to both SmartThings and Google Home systems  —  Ahead of its annual developer conference, Samsung has revealed details about how Matter smart home devices will work on its Samsung Galaxy phones and tablets.

Financial Times:
Sources detail the twists and turns in Elon Musk’s $44B Twitter takeover, starting in March, falling apart, and then closing late on October 27  —  Even as his $44bn buyout came down to the wire, Elon Musk kept Twitter guessing.  —  Normally, lawyers and advisers on each side …