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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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Wall Street Journal, The Hill, CNBC, Forbes, Barron's Online, The Economic Times, The Guardian, TechCrunch, The Register, Associated Press, Insider, Ad Age, Bloomberg, Washington Post, The Wrap, SlashGear, CNN, and New Republic
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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Bloomberg, Ars Technica, Insider, Forbes, Decrypt, Social Media Today, ZyCrypto, Wall Street Journal, Vox, ZDNet, Fortune, and International Business Times
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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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