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November 4, 2022, 7:50 PM
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| Wall Street Journal: |
Elon Musk says Twitter suffered “a massive drop in revenue” due to activist groups pressuring advertisers, despite doing “everything” to “appease the activists” — Chief of social-media company cites activist groups pressuring advertisers, as many staffers brace to lose jobs
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Tweets: @elonmusk, @elonmusk, @loupas, @mikeisaac, @dansinker, @kurtwagner8, @ggreenwald, @noupside, @mikeisaac, @theserfstv, @stevehiltonx, @jessicalessin, @grady_booch, @anildash, @karaswisher, @elivalley, @stevekovach, @sarafischer, @rmac18, @heerjeet, @carnage4life, @lizrummy, @evan_greer, @seldo, @katies, @charlesarthur, @bradheath, @harrymccracken, @nicoleperlroth, @fmanjoo, @jamessurowiecki, @oneunderscore__, @cbouzy, @barry, @nberlat, @loloverruled, @alexstamos, @robdenbleyker, @maxberger, @mulligan, @edmundlee, @davewiner, @karaswisher, @gerritd, @carnage4life, @madhurchadha, @alexacorse, @steinkobbe, @sdkstl, @georgetakei, @sarafischer, and @fmanjoo
| The Verge: |
Sources: Twitter teams hit hardest by the layoffs span product trust and safety, policy, and fighting election misinformation ahead of next week's US midterms — About half of Twitter's 7,500 employees are now gone, with teams focused on trust and safety issues hit the hardest.
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New York Times, Washington Post, NBC News, Engadget, GeekWire, Insider, BGR, and TIME
| Josh Eidelson / Bloomberg: |
Twitter workers file a class action lawsuit against the company in San Francisco for executing mass layoffs without at least 60 days notice, per the WARN Act — The lawyer who sued Twitter Inc. “pre-emptively” on the eve of mass layoffs by Elon Musk said she's “pleased” …
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Politico, TechCrunch, The Verge, New York Times, TechCrunch, Moneycontrol, Protocol, Engadget, GamesIndustry.biz, CNBC, Insider, The Register, NBC News, NewsBTC, Variety, Decryptor0 Newsletter, Gizmodo, Los Angeles Times, Adweek, The Information, AppleInsider, Insider, Silicon Republic, Fortune, TechCircle, Daily Mail, USA Today, Watcher Guru, SiliconANGLE, San Francisco Business Journal, Mercury News, TheStreet, MobileSyrup, and SlashGear
Tweets: @lisabloom, @lmanul, @josheidelson, @ketanj0, @nytimes, @willoremus, @elizabeth_joh, @tomcoates, @lisabloom, @evan_gocats, @drmistercody, @hallam, @amasna, and @jesselehrich
| Reed Albergotti / Semafor: |
A profile of Twitter Head of Safety & Integrity Yoel Roth, who joined in 2015 and is one of few executives to gain Elon Musk's public support after the takeover — Reed is Semafor's Technology Editor, joining us from the Washington Post. Louise is a Technology Reporter for Semafor, joining us from NBC News.
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Wall Street Journal, Bloomberg, Reuters, CNBC, Forbes, and Insider
Tweets: @yoyoel, @rothschildmd, @daveyalba, @chipgoines, @lmatsakis, and @semafor
| J.D. Capelouto / Semafor: |
A Birdwatch note adding context to Elon Musk's tweet about Twitter's revenue drop is gone; Musk called the community notes feature “awesome” earlier this week — Sign up for Semafor Tech, led by Reed Albergotti, to get our scoops and coverage of the industry's biggest stories in your inbox twice a week.| Faiz Siddiqui / Washington Post: |
Twitter lays off about half its staff, sending a “Your Role at Twitter” email to their company account for those staying and personal account for those leaving — Employees said the layoffs came across teams, as Twitter broadly reduced its workforce.
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Wired, The Guardian, New York Times, Wall Street Journal, The Verge, Reuters, CNN, Insider, TechCrunch, Axios, Bloomberg, Insider, TYT Network, Collective Action in Tech, New York Times, VICE, BBC, Wired, Gizmodo, Forbes, Los Angeles Times, NBC News, Mashable, New York Post, The Irish Times, Deadline, Fortune, MobileSyrup, Barron's Online, Neowin, TheGamer, Android Central, Marketing Dive, Ars Technica, The Guardian, ComputerWeekly.com, BuzzFeed News, The Hollywood Reporter, IGN, Insider, Slate, fpt., iPhone in Canada Blog, and The Information
Tweets: @ruchowdh, @willoremus, @shannonrsingh, @sbkcrn, @joandeitchman, @rachbonn, @kurtwagner8, @sheonhan, @oneunderscore__, @joandeitchman, @kurtwagner8, @chrisyounie, @yashagarwalm, @mattdpearce, @scottnover, @nikkimcr, @dickc, @leakissner, @maxkennerly, @tech_actions, @thisisme0311, @oneunderscore__, @martinsfp, @jasonschreier, @scottnover, @elibelly, @c7five, @monikabauerlein, @oneunderscore__, @sarthakgh, @melcolmruffin, @caseynewton, @emilyettel, @kayvz, @joannag, @biz, @elonmusk, @ackocher, @lizzadwoskin, @carnage4life, @ruchowdh, @oneunderscore__, @caseynewton, @wiredbusiness, @lu_shennan, @louisgray, @katestarbird, @krave, @aoc, @damienviel, @jaseemabid, @rdassaly, @sillyrobin, @caseynewton, @jamesrbuk, @jamesrbuk, @scottnover, @sarthakgh, @timnitgebru, @rmac18, @antonschulz, @adambain, @johncusack, @mbfhunzaker, @ianbetteridge, @zoeschiffer, @enzetest, @gossithedog, @mmasnick, @wiczipedia, @hayskali, @okwonga, @jensantamaria, @greenhousenyt, @mattsheffield, @brandyzadrozny, @mulegirl, @tsimonite, @alex_abads, @kiraoconnor, @ashleymayer, @ciplukcarlita, @dsilverman, @sg, @darth, @gossithedog, @kurtwagner8, @pkafka, @tron, @ruchowdh, @kevinbankston, @tomwarren, and @lu_shennan
| Bloomberg: |
Sources: Apple is building a live TV ad network and talking to ad partners as part of its deal to stream Major League Soccer games starting in February 2023 — Apple Inc. is building an advertising network for live television as part of its deal to stream Major League Soccer games next year …
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MacRumors, 9to5Mac, Reuters, AppleInsider, and MacDailyNews
Tweets: @newsynick, @zatara214, @sdw, @mgsiegler, and @markgurman
| Jason Guerrasio / Insider: |
The US DOJ charges two former MoviePass executives in a securities fraud case for allegedly trying to artificially inflate parent company HMNY's stock price — - Lowe and Farnsworth have been charged in a securities fraud case by the Department of Justice.
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U.S. Department of Justice, The Verge, Financial Times, CNBC, and Bloomberg
Tweets: @mattdpearce and @silvermanjacob
| Alex Barinka / Bloomberg: |
Instagram head Adam Mosseri talks about balancing the urgency to make Reels drive revenue for Meta and not making “any mistakes by pushing too hard or too fast” — As Meta Platforms Inc. pursues an expensive, unproven metaverse strategy, success will depend in part on whether Instagram can pay the bills.| Jonathan Greig / The Record: |
Microsoft accuses China-backed nation state hackers of abusing the country's vulnerability disclosure requirements to discover and develop zero-day exploits — Microsoft on Friday accused state-backed hackers in China of abusing the country's vulnerability disclosure requirements in an effort to discover and develop zero-day exploits.| Reuters: |
Chainalysis: Binance has processed ~$7.8B through Iran's largest crypto exchange Nobitex since 2018, despite US sanctions; 75% of the Iranian funds were in Tron — Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended … | Jay Peters / The Verge: |
Hands-on with Netflix's Basic with Ads: most shows have pre-roll ads, the number of mid-roll ads is unpredictable, and many popular shows require a higher tier — Clicking into something on Netflix's new ads tier is a roll of the dice: you never know how many ads you might have to sit through.| Jay Peters / The Verge: |
Filing: Apple settles lawsuit against an ex-employee accused of stealing trade secrets and sharing them with the media; he will pay an undisclosed sum to Apple — Apple has settled its lawsuit against Simon Lancaster, a former design architect, who the company accused of stealing trade secrets and sharing them with a journalist.
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MacRumors and AppleInsider
| New York Times: |
Sources: Elon Musk weighs adding paid DMs to let users privately message “Very Important Tweeters”; docs show Twitter Blue checks won't require ID verification — The billionaire and his advisers have discussed adding paid direct messages, fees to watch videos and other features to the service.
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Bloomberg, Engadget, Wall Street Journal, Fortune, Vanity Fair, Ars Technica, Forbes, SlashGear, and MobileSyrup
Tweets: @rmac18, @clarajeffery, @wongmjane, @esthercrawford, @ariehkovler, @racheltobac, @jason, @alexhern, @smtuffy, @abnerpastoll, @nycsouthpaw, @goldman, @mikeisaac, @jyjault, @racheltobac, @katienotopoulos, @clarajeffery, @peg_perl, @nikkimcr, @clarajeffery, @green_footballs, @radiofreetom, @catovitch, @wsj, @danteatkins, @tomcoates, @grogsgamut, @joshbutler, @oalexanderdk, @mattyglesias, and @hankgreen
| Reuters: |
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DCD, Barron's Online, Bloomberg, TechRadar, Social Media Today, CoinDesk, Insider, Fortune, and SlashGear
Tweets: @dimensionmedia, @valpancakes, @tante, @jendrawscomics, @gwire, @cubicleapril, @quinnypig, @dhh, @petrillic, @kyleworton, and @peteccde
| Casey Newton / Platformer: |
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The Information, Gizmodo, 500ish, San Francisco Chronicle, Decrypt, Cointelegraph, Protocol, Vox, and NBC News
Tweets: @gray, @mattnavarra, and @niubi
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