Techmeme
November 4, 2022, 2:30 PM

Top News

Faiz Siddiqui / Washington Post:
More: New York Times, Wired, The Verge, Wall Street Journal, Collective Action in Tech, Reuters, Gizmodo, VICE, TYT Network, Fortune, Barron's Online, Protocol, RTÉ, Reuters, Insider, Bloomberg, Bloomberg, South China Morning Post, New York Post, BBC, The Economic Times, Wired, New York Magazine, Engadget, BetaKit, Financial Times, Android Central, PCMag, Politico, Livemint, Politico, Observer, The Information, Inc42 Media, MSPoweruser, fpt., IGN, Timeless & Timely, The Hollywood Reporter, The Irish Times, CNN, Forbes, Insider, Attack of the 50 Foot …, Insider, Profectio, Insider, Digit, TheGamer, The Guardian, Fossbytes, Tech in Asia, ComputerWeekly.com, CNBC, Android Headlines, and TechCircle
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” …
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
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
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 …
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 …
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.
Brianna Wessling / The Robot Report:
AMP Robotics, which creates robotics systems that use AI to sort recyclable materials, raised a $91M Series C, bringing its total raised to $165.5M  —  AMP Robotics, a company creating robots that can organize recycling, brought in $91 million in corporate equity in a Series C funding round.

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Nelson Wang / CoinDesk: