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November 4, 2022, 7:35 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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Tweets: @elonmusk, @elonmusk, @loupas, @mikeisaac, @dansinker, @kurtwagner8, @ggreenwald, @noupside, @mikeisaac, @theserfstv, @stevehiltonx, @jessicalessin, @grady_booch, @anildash, @karaswisher, @elivalley, @stevekovach, @washingtonpost, @sarafischer, @rmac18, @heerjeet, @carnage4life, @lizrummy, @evan_greer, @seldo, @katies, @charlesarthur, @bradheath, @harrymccracken, @nicoleperlroth, @fmanjoo, @jamessurowiecki, @oneunderscore__, @cbouzy, @barry, @nberlat, @loloverruled, @alexstamos, @robdenbleyker, @maxberger, @mulligan, @edmundlee, @davewiner, @karaswisher, @gerritd, @carnage4life, @madhurchadha, @alexacorse, @steinkobbe, @sdkstl, @georgetakei, @sarafischer, @fmanjoo, and @stevekovach
| 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.
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Wall Street Journal, Bloomberg, Reuters, CNBC, Insider, and Forbes
Tweets: @yoyoel, @rothschildmd, @daveyalba, @chipgoines, @lmatsakis, and @semafor
| 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.| Faiz Siddiqui / Washington Post: |
Twitter lays off about half its 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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Tweets: @ruchowdh, @willoremus, @sbkcrn, @joandeitchman, @shannonrsingh, @rachbonn, @kurtwagner8, @sheonhan, @oneunderscore__, @joandeitchman, @kurtwagner8, @chrisyounie, @yashagarwalm, @mattdpearce, @scottnover, @nikkimcr, @dickc, @leakissner, @maxkennerly, @tech_actions, @thisisme0311, @oneunderscore__, @martinsfp, @jasonschreier, @scottnover, @elibelly, @c7five, @monikabauerlein, @oneunderscore__, @sarthakgh, @melcolmruffin, @caseynewton, @emilyettel, @kayvz, @elonmusk, @ackocher, @joannag, @biz, @lizzadwoskin, @carnage4life, @ruchowdh, @oneunderscore__, @caseynewton, @louisgray, @wiredbusiness, @lu_shennan, @katestarbird, @krave, @aoc, @damienviel, @jaseemabid, @sillyrobin, @rdassaly, @caseynewton, @jamesrbuk, @jamesrbuk, @scottnover, @sarthakgh, @timnitgebru, @rmac18, @antonschulz, @adambain, @johncusack, @mbfhunzaker, @ianbetteridge, @zoeschiffer, @enzetest, @gossithedog, @mmasnick, @wiczipedia, @hayskali, @okwonga, @jensantamaria, @greenhousenyt, @mattsheffield, @brandyzadrozny, @mulegirl, @tsimonite, @alex_abads, @kiraoconnor, @ashleymayer, @ciplukcarlita, @dsilverman, @sg, @darth, @gossithedog, @kurtwagner8, @pkafka, @tron, @ruchowdh, @kevinbankston, @tomwarren, @lu_shennan, and @cbouzy
| 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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Tweets: @lisabloom, @lmanul, @josheidelson, @ketanj0, @elizabeth_joh, @tomcoates, @lisabloom, @evan_gocats, @drmistercody, @hallam, @amasna, and @jesselehrich
| 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, Washington Post, NBC News, GeekWire, Insider, BGR, and TIME
| Bloomberg: |
Sources: Apple is building a live TV ad network and talking to ad partners as part of its deal to stream Major League Soccer games starting in 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 …
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MacRumors, 9to5Mac, Reuters, AppleInsider, and MacDailyNews
Tweets: @sdw, @mgsiegler, and @markgurman
| 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: @alexbarinka
| Jason Guerrasio / Insider: |
The DOJ charges two former MoviePass execs in a securities fraud case, claiming they sought to artificially inflate the stock price of MoviePass' parent company — - Lowe and Farnsworth have been charged in a securities fraud case by the Department of Justice.| 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.| 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 … | 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.| 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.
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Engadget, Wall Street Journal, Vanity Fair, TechCrunch, Ars Technica, Forbes, Ad Age, MobileSyrup, and SlashGear
Tweets: @rmac18, @clarajeffery, @wongmjane, @esthercrawford, @ariehkovler, @racheltobac, @jason, @alexhern, @smtuffy, @abnerpastoll, @nycsouthpaw, @goldman, @willoremus, @mikeisaac, @katienotopoulos, @jyjault, @racheltobac, @clarajeffery, @peg_perl, @nikkimcr, @clarajeffery, @green_footballs, @radiofreetom, @catovitch, @wsj, @danteatkins, @tomcoates, @grogsgamut, @joshbutler, @oalexanderdk, @mattyglesias, and @hankgreen
| Reuters: |
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DCD, Barron's Online, Bloomberg, TechRadar, Social Media Today, CoinDesk, Insider, and Fortune
Tweets: @dimensionmedia, @gwire, @valpancakes, @tante, @jendrawscomics, @cubicleapril, @quinnypig, @dhh, @petrillic, @kyleworton, and @peteccde
| Casey Newton / Platformer: |
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The Information, Gizmodo, 500ish, Decrypt, San Francisco Chronicle, Protocol, Cointelegraph, and NBC News
Tweets: @mattnavarra and @niubi
| 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.
Tweets: @criticalvas, @ellajakubowska1, @chaosupdates, and @labluetuitea
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Max Tani / Semafor: