Techmeme
November 4, 2022, 9:40 AM

Top News

Faiz Siddiqui / Washington Post:
More: New York Times, Collective Action in Tech, The Verge, Irish Examiner, Bloomberg, Engadget, RTÉ, BBC, Insider, The Guardian, The i Paper, Livemint, The Economic Times, The Irish Times, The Information, TheGamer, Wired, BuzzFeed News, Forbes, Barron's Online, iPhone in Canada Blog, Attack of the 50 Foot …, Insider, CNN, Memeburn, Reuters, MobileSyrup, Silicon Republic, The Guardian, Android Headlines, City A.M., Fossbytes, Insider, CNBC, Tech in Asia, Silicon Valley Business …, CoinGape, Variety, New York Post, TechCircle, Financial Times, BGR India, The Register, Digital Trends, Mashable, Neowin, Pixel Envy, and Newser
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 …
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 …
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
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.
Jordan Novet / CNBC:
Atlassian reports Q1 revenue up 31% YoY to $807.4M, vs. $806.4M est., and forecasts lower than expected Q2 revenue; stock drops 20%+ after falling 54% in 2022  —  - Atlassian's quarterly revenue outlook missed expectations.  — The software maker said existing customers are adding users at a reduced pace.
Nelson Wang / CoinDesk:
Coinbase Q3: net revenue down 28% QoQ to $576M, net loss down 50% QoQ to $545M, subscription and services up 43% QoQ, and monthly transacting users down to 8.5M  —  The crypto exchange's transaction revenue fell 44% from the second quarter.  —  Crypto exchange Coinbase (COIN) …

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More News

Dina Bass / Bloomberg:

Earlier Picks

Thomas Brewster / Forbes:
More: PYMNTS.com and CoinGeek
Tweets: @iblametom, @forbes, @elizableu, and @forbesThanks:@alexrkonrad
Jennifer Pattison Tuohy / The Verge:
Kate Irwin / Decrypt: