| Juli Clover / MacRumors: |
Elon Musk says Apple threatened to “withhold” Twitter from App Store “but won't tell us why” and calls out Apple's lower Twitter ad spend and alleged censorship — Apple has cut back on its Twitter advertising, according to Twitter CEO Elon Musk.| 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| 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 … | Morgan Meaker / Wired: |
Sources: Twitter only has one staffer left on a team dedicated to removing CSAM after layoffs, despite 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.| Platformer: |
Sources: Twitter has begun reinstating ~62K accounts with more than 10K followers after Musk's poll on general amnesty; one of those accounts has 5M+ followers — They're skeptical of their workers, too. PLUS: New details on Musk's ‘general amnesty’ for banned Twitter users — and Zoë Schiffer| Joseph Menn / Washington Post: |
Researchers: China seems to be flooding Twitter with porn tweets mentioning places where people are protesting, overwhelming Twitter's reduced moderation team — For hours, links to adult content overwhelmed other posts from cities where dramatic rallies escalated| Wall Street Journal: |
Chinese protestors are holding up blank pieces of paper as a protest against censorship, leading platforms and censors to quickly remove the images — Protesters are using few or no words in public and online demonstrations to speak out against Beijing's zero-Covid policies| Decrypt: |
BlockFi files for Chapter 11 bankruptcy protection in New Jersey, plans to lay off a large portion of its staff, and says it has $256.9M cash on hand — The FTX contagion has just claimed another crypto firm. … The crypto lender is also laying off a large portion of its staff, the source said.| Sam Schechner / Wall Street Journal: |
Ireland's Data Protection Commission fines Meta €265M for failing to safeguard data on 500M+ users from data scrapers, the third fine by the DPC on Meta — Company gets new EU privacy fine as bloc tightens regulation of big tech companies — A top European regulator fined Facebook … | Foo Yun Chee / Reuters: |
Sources: Microsoft will likely soon offer the EU concessions regarding the Activision deal; source: the main remedy would be a 10-year licensing deal to Sony — Microsoft (MSFT.O) is likely to offer remedies to EU antitrust regulators in the coming weeks to stave off formal objections … | Jay Peters / The Verge: |
The FTC and seven US states settle with Google and iHeartMedia, requiring the companies to pay $9.4M for allegedly paying radio hosts for deceptive Pixel 4 ads — Google and iHeartMedia are settling with the Federal Trade Commission (FTC) and seven state attorneys general for allegedly paying radio hosts … | Vlad Savov / Bloomberg: |
Source: turmoil at Foxconn's Zhengzhou hub is likely to lower iPhone 14 Pro production by close to 6M units in 2022, potentially worsening if lockdowns continue — Turmoil at Apple Inc.'s key manufacturing hub of Zhengzhou is likely to result in a production shortfall of close … | Gian Volpicelli / Politico: |
EU lawmakers claim the Markets in Crypto Assets rules, expected to be approved in 2023, would prevent an FTX-like crash, but some say the proposal needs updates — The cryptocurrency world is reeling after the collapse of crypto exchange FTX — but EU policymakers are patting themselves on the back.
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