Techmeme
November 4, 2022, 10:25 AM

Top News

Faiz Siddiqui / Washington Post:
More: New York Times, The Verge, Collective Action in Tech, Irish Examiner, Bloomberg, Engadget, Livemint, RTÉ, Mercury News, Insider, The Guardian, The i Paper, Wall Street Journal, The Irish Times, The Economic Times, The Information, Digit, CNN, TheGamer, Barron's Online, Wired, BuzzFeed News, Forbes, Attack of the 50 Foot …, Insider, iPhone in Canada Blog, Reuters, Memeburn, The Guardian, MobileSyrup, City A.M., Insider, Fossbytes, CNBC, Silicon Republic, Tech in Asia, Android Headlines, CoinGape, New York Post, TechCircle, Financial Times, BGR India, The Register, 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
Jay Peters / The Verge:
Hands-on with Netflix's Basic with Ads: while most shows have pre-roll ads, mid-roll ads are more unpredictable; many popular shows are locked to higher tiers  —  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.
Reuters:
Chainalysis: Binance processed around $7.8B through Iran's largest crypto exchange Nobitex since 2018, despite US sanctions; 75% of transactions were in Tron  —  Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended …
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.
Fortune:
How Reddit's blockchain-based Collectible Avatars, which avoid the NFT label, became popular; Polygon data shows the total sales volume was $10M+ by November 2  —  At 2:59 p.m. ET on Oct. 20, when Reddit announced its second generation of collectible avatars, Ethan Clark was ready, phone in hand.
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.
Kyle Wiggers / TechCrunch:
Dataloop, which offers data annotation and unstructured data management tools, raised a $33M Series B led by Nokia Growth, bringing its total funding to $50M  —  Data annotation, or the process of adding labels to images, text, audio and other forms of sample data, is typically a key step in developing AI systems.
More: FinSMEs

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Brightspot:
Is your CMS solving your content problems, or creating new ones?  —  In a commissioned study written and conducted by Forrester, we revealed that 72% plan to change their CMS platform, is your organization one of them?
Sastrify:
SaaS Prices Are Going Up.  Here's Why (And What You Can Do about It)  —  From inflation issues to rock-bottom retention rates: get the latest industry updates and see how high-growth teams are preparing for 2023.
Zoho:
Remote computer assistance for parents  —  The right tools make it easy to help family members of all generations across technological differences.  Being the “tech-savvy” one in the family is both a gift and a curse.
Vesto:
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Techmeme Ride Home:
Thu. 02/02 - Meta Whistles Past The Metaverse
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:25 AM ET, November 4, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Dina Bass / Bloomberg:
Nelson Wang / CoinDesk:

Earlier Picks

Thomas Brewster / Forbes:
More: PYMNTS.com and CoinGeek
Tweets: @iblametom, @forbes, @elizableu, and @forbesThanks:@alexrkonrad