Techmeme
November 4, 2022, 10:20 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.
J.D. Capelouto / Semafor:
A Birdwatch note adding context to Elon Musk's tweet about Twitter's revenue drop is gone; Musk called the community notes feature “awesome” earlier this week  —  Sign up for Semafor Tech, led by Reed Albergotti, to get our scoops and coverage of the industry's biggest stories in your inbox twice a week.
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, New York Times, Wall Street Journal, Politico, Gizmodo, The Verge, The Guardian, Reuters, San Francisco Chronicle, CNN, NBC News, Moneycontrol, Insider, VICE, TYT Network, Collective Action in Tech, Bloomberg, Insider, Wired, BBC, Reuters, Washington Post, Crunchbase News, The Irish Times, NewsBTC, Deadline, Barron's Online, Ars Technica, Forbes, BGR, ComputerWeekly.com, Fortune, The Hollywood Reporter, TIME, Insider, San Francisco Business Journal, Mercury News, Android Central, Los Angeles Times, Silicon Valley Business …, fpt., San Francisco Business Journal, Timeless & Timely, Financial Times, and New York Post
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.
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:
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.

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