Source: Elon Musk plans to become Twitter CEO after completing his $44B acquisition and reverse lifetime bans, but may eventually cede the role (Bloomberg)

Jasper Ward / Reuters:
Source: Sam Bankman-Fried plans to reverse his decision to contest extradition to the US; legal experts say any trial is likely more than a year away  —  Former FTX CEO Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition …

Paige Tortorelli / CNBC:
S. Daniel Leon, Celsius co-founder and chief strategy officer, has resigned; Lior Koren, the company’s global tax director, will assume the role  —  – S. Daniel Leon, co-founder and strategy chief of bankrupt crypto lending platform Celsius, has stepped down, according to an internal email.

Nilay Patel / The Verge:
Q&A with LinkedIn’s Chief Product Officer Tomer Cohen on the number of people hired via LinkedIn being a core metric, generative AI, regulation, and more  —  We dive into managing the relationships between designers, engineers, and PMs. … Tomer Cohen is the chief product officer at LinkedIn …

Dan Goodin / Ars Technica:
The creator of Kiwi Farms, known for hosting targeted harassment campaigns, says the forum site was hacked and users’ email and IP address data is compromised  —  Harassment site is down for now after hacker gains access to admin account.  —  The head of Kiwi Farms, the Internet forum best known …

Aaron Tilley / Wall Street Journal:
A look at HoloLens’ development, as Microsoft spurned an early lead in AR to cede ground to Meta and others; one executive blames a lack of money and people  —  Problems plagued development of its HoloLens augmented reality headset; ‘we had the opportunity to own this market’

Bloomberg:
Elon Musk’s revived $44B Twitter acquisition could rely on $12.5B from banks at a time when offloading risky debt is difficult, potentially leading to losses  —  Elon Musk’s shock proposal to proceed with his acquisition of Twitter Inc. for the original offer price poses a headache …