Techmeme
November 4, 2022, 1:05 PM

Top News

Faiz Siddiqui / Washington Post:
More: Wired, New York Times, The Verge, VICE, Collective Action in Tech, Wall Street Journal, Bloomberg, RTÉ, Insider, Bloomberg, BetaKit, BBC, The Economic Times, Wired, Engadget, Reuters, PCMag, Livemint, Politico, The Information, Insider, IGN, The Guardian, The i Paper, Profectio, CNN, ComputerWeekly.com, Elezea, Forbes, NBC News, The Irish Times, Attack of the 50 Foot …, Insider, Digit, TheGamer, Fossbytes, Tech in Asia, CNBC, Android Headlines, TechCircle, BGR India, iPhone in Canada Blog, and Silicon Republic
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  —  Twitter Inc. was sued over Elon Musk's plan to eliminate about 3,700 jobs at the social-media platform — half of its workforce …
Wall Street Journal:
Elon Musk says Twitter has had a “massive” revenue drop 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
Reed Albergotti / Semafor:
A profile of Twitter's global head of safety and integrity Yoel Roth, who has become one of few executives to gain Elon Musk's public support after his 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:
General Mills and Audi paused Twitter ads, and sources say Pfizer and Mondelez have as well, as concern over content moderation grows  —  Advertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk's plans for content moderation
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.
Casey Newton / Platformer:
Sources: Twitter plans to shut down newsletter platform Revue, acquired in January 2021, by the end of 2022, and pauses its new Notes product and crypto wallet  —  A new Vine camera is in.  Notes and Revue are out  —  With massive layoffs expected to hit Twitter tomorrow …
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 …
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.
Richard Waters / Financial Times:
Combined capital spending by Alphabet, Amazon, Apple, Meta, and Microsoft grew 32% in 2021, same as in 2020, to $140B, and 20% in the first nine months of 2022  —  Companies are not going to let up spending despite weakening economy  —  Investors have grown accustomed to periodic leaps …
More: Yahoo NewsTweets: @ianzelbo

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Nelson Wang / CoinDesk: