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November 4, 2022, 6:10 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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| 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.| 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.| Wall Street Journal: |
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| 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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| Faiz Siddiqui / Washington Post: |
Twitter begins laying off 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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| 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, The Information, Insider, BGR, and TIME
Tweets: @donmoyn, @contextfall, @arctictony, @nytimes, @_micheleaustin, @marklittlenews, @hugovk, @carnage4life, @jesselehrich, @rmac18, @rmac18, @kateconger, @bgrueskin, @meghann, @ggreeneva, @jsrailton, @normative, @nslwin, @b52malmet, @stevekovach, @markjeffrey, @ryanmer, @byajperez, @rnoweber, @alexeheath, and @joshelman
| Reuters: |
Sources: Elon Musk told Twitter's teams to find up to $1B in annual infrastructure cost savings, including reduced spending on cloud services and server space — Elon Musk has directed Twitter Inc's teams to find up to $1 billion in annual infrastructure cost savings, according …
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Bloomberg, Social Media Today, Ars Technica, ZyCrypto, Insider, ZDNet, and Fortune
Tweets: @dimensionmedia, @gwire, @quinnypig, @valpancakes, @tante, @jendrawscomics, @cubicleapril, @dhh, @petrillic, and @kyleworton
| Casey Newton / Platformer: |
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| New York Times: |
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| 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.
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9to5Mac, Variety, Android Central, CNBC, Ars Technica, Deadline, and Variety. Tweets: @michellemanafy
| 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 … | 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.| Bloomberg: |
Sources: Apple is building an advertising network for live television as part of its deal to stream Major League Soccer games from 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, according to people with knowledge of the matter.| 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.
Tweets: @epro
| Vas Panagiotopoulos / Wired: |
A look at the use of biometric surveillance tech in European soccer stadiums; 15,000+ cameras will monitor fans in eight stadiums at the 2022 World Cup in Qatar — Stadiums around the world, including at the 2022 World Cup in Qatar, are subjecting spectators to invasive biometric surveillance tech.Sponsor Posts
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