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Techmeme
November 29, 2022, 8:10 AM

Top News

Juli Clover / MacRumors:
Washington Post:
Source: in Q1 2022, Apple was the top advertiser on Twitter, spending $48M and accounting for over 4% of Twitter's revenue that quarter  —  In a series of tweets, the billionaire says Apple also has mostly stopped advertising on Twitter  —  Elon Musk on Monday went on a tear against Apple …
Financial Times:
Source: Musk sought to call some brands' CEOs to berate them for advertising less on Twitter; others lowered spend to the minimum needed to avoid confrontation  —  Top brands abandon social media platform as billionaire owner berates chief executives who have curbed spending
Platformer:
Sources: Twitter begins reinstating ~62K accounts with more than 10K followers after Elon Musk's poll on general amnesty; one account has over 5M followers  —  They're skeptical of their workers, too.  PLUS: New details on Musk's ‘general amnesty’ for banned Twitter users  —  and Zoë Schiffer
Donie O'Sullivan / CNN:
Twitter stopped enforcing its longstanding COVID-19 “harmful misinformation” policy on November 23; more than 11,000 accounts were suspended under the rules  —  New York (CNN Business)Twitter said it will no longer enforce its longstanding Covid misinformation policy …
Financial Times:
BlockFi sues Sam Bankman-Fried's Emergent Fidelity Technologies to seize Robinhood shares that SBF had pledged as collateral under an agreement on November 9  —  Complaint against FTX founder comes as crypto company becomes the latest to seek bankruptcy protection
Decrypt:
Ryan Weeks / The Block:
Binance's $1B recovery fund is a lifeline, but questions remain, including on decision making and why funds came from a cold wallet that holds customer funds  —  - The billion-dollar fund could be a crucial lifeline for the industry, as companies tussle with the aftershocks of FTX's collapse.
Morgan Meaker / Wired:
Sources: Twitter has one staffer left on a team dedicated to removing CSAM after layoffs, despite Elon Musk saying “removing child exploitation is priority #1”  —  Just one person remains to enforce the company's ban on child sexual abuse content across Japan and the Asia Pacific region.
Haje Jan Kamps / TechCrunch:
Apple Watch Ultra and Oceanic+ review by a scuba diver: user interface and screen are better than other dive computers, but misses some high-end features  —  In short: dive computer makers should be worried  —  In September, Apple launched the Apple Watch Ultra, which is not only waterproof to 100 meters …
Alex Barinka / Bloomberg:
Memo: Evan Spiegel told Snap employees that he expects them to be in the company's offices 80% of the time, or four or more days a week, starting February 2023  —  Snap Inc. Chief Executive Officer Evan Spiegel told employees that he expects them to be in the social media company's offices …
Paul Sandle / Reuters:
The UK government says the updated Online Safety Bill won't force tech giants to remove content that is “legal but harmful”, following free speech complaints  —  Britain will not force tech giants to remove content that is “legal but harmful” from their platforms after campaigners …
Swati Bhat / Reuters:
The Reserve Bank of India plans to launch a retail pilot for its CBDC on December 1, after testing with nine banks since November 1  —  The Reserve Bank of India's first pilot for a retail e-rupee, its version of the central bank digital currency (CBDC), will be launched on Dec. 1, it said in a statement on Tuesday.

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Wall Street Journal:
Jay Peters / The Verge:
Wall Street Journal:
Sam Schechner / Wall Street Journal: