Techmeme
November 4, 2022, 11:00 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 communications, tweet curation, ethical AI, data science, research, ML, and some core engineering teams  —  About half of Twitter's 7,500 employees are now gone, with teams focused on trust and safety issues hit the hardest.
Faiz Siddiqui / Washington Post:
More: Wired, Wall Street Journal, New York Times, Politico, Gizmodo, The Verge, The Guardian, Reuters, CNN, San Francisco Chronicle, NBC News, Silicon Valley Business …, Insider, VICE, Moneycontrol, TYT Network, Collective Action in Tech, Wired, BBC, Reuters, Bloomberg, Insider, Washington Post, Crunchbase News, The Irish Times, Barron's Online, Ars Technica, Forbes, BGR, NewsBTC, Fortune, The Hollywood Reporter, TIME, Insider, Deadline, Mercury News, Android Central, Los Angeles Times, fpt., San Francisco Business Journal, Timeless & Timely, New York Post, Inc42 Media, and Protocol
Josh Eidelson / Bloomberg:
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.
Jonathan Greig / The Record:
Microsoft accuses China-backed nation state hackers of 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 in an effort to discover and develop zero-day exploits.
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, a logistics payments startup that matches shipping invoices to pricing, raised $30M across a seed and a Series A from Founder's Fund, Flexport, and 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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