Techmeme
November 4, 2022, 8:15 PM

Top News

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
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.
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.
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” …
Faiz Siddiqui / Washington Post:
More: Wired, The Guardian, New York Times, Wall Street Journal, Platformer, San Francisco Chronicle, The Verge, Reuters, CNN, Insider, TechCrunch, Bloomberg, Axios, TYT Network, Insider, Collective Action in Tech, New York Times, VICE, Crunchbase News, BBC, Wired, Gizmodo, Forbes, Los Angeles Times, NBC News, San Francisco Business Journal, The Irish Times, Mashable, Deadline, Fortune, New York Post, MobileSyrup, TheGamer, Barron's Online, Ars Technica, ComputerWeekly.com, BuzzFeed News, The Hollywood Reporter, IGN, Insider, Slate, Android Central, fpt., iPhone in Canada Blog, The Information, and TechSpot
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 …
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.
Reuters:
Casey Newton / Platformer:
Jay Peters / The Verge:
Filing: Apple settles lawsuit against an ex-employee accused of stealing trade secrets and sharing them with the media; he will pay an undisclosed sum to Apple  —  Apple has settled its lawsuit against Simon Lancaster, a former design architect, who the company accused of stealing trade secrets and sharing them with a journalist.
Jack Daleo / FreightWaves:
Loop, which uses AI to digitize shipping invoices and other logistics documents, raised $30M across a seed and a Series A from Founder's Fund, Flexport, others  —  Company handled $1B in payment volume in its 1st year … Here's a wild stat: Between 20% and 30% of all invoices today contain some form of exception or error.
More: Axios

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