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November 4, 2022, 4:25 PM
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| Faiz Siddiqui / Washington Post: |
Twitter begins laying off 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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| 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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| 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, BGR, and TIME
| 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
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| Reed Albergotti / Semafor: |
A profile of Twitter's global head of safety and integrity Yoel Roth, who has become one of few executives to gain Elon Musk's public support after his 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.| 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
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Tweets: @reckless, @markgongloff, @jessicalessin, @nkulw, @chriswarcraft, and @citizenjaneph
| 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 …
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| Casey Newton / Platformer: |
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| New York Times: |
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| 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 … | 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.
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Gizmodo, 9to5Mac, Variety, Insider, Tech Advisor, Ars Technica, CNBC, PCMag, GameSpot, Deadline, Variety, LightShed Partners, and MacRumors. Tweets: @michellemanafy
| Jonathan Greig / The Record: |
Microsoft says China-based nation state threat actors are 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 …
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Microsoft On the Issues
| Alex Barinka / Bloomberg: |
The head of Instagram Adam Mosseri talks about balancing the urgency to make Reels work 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
| 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.| Juli Clover / MacRumors: |
PayPal plans to support iPhone's Tap to Pay in its PayPal and Venmo iOS apps “soon”, add Apple Pay to its checkout options on merchant platforms, and more — The PayPal and Venmo iOS apps will soon offer Apple's Tap to Pay on iPhone functionality, allowing merchants that use PayPal …
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TechRadar, iDownloadBlog.com, Apple Must, and BGR
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