| 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.| Platformer: |
Sources describe Twitter after mass layoffs: key teams gutted, severance packages account for WARN Act, ad hoc directories of remaining workers in Google Docs — I. The Snap — The email went out at 5:21 PT PT on Thursday. — For a full week, Twitter employees had waited in hopes … | 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: |
| Josh Eidelson / Bloomberg: |
| 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 … | 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: |
| Alex Barinka / Bloomberg: |
Instagram head Adam Mosseri talks about balancing the urgency to make Reels drive revenue 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.| 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.| Reuters: |
Chainalysis: Binance has processed ~$7.8B through Iran's largest crypto exchange Nobitex since 2018, despite US sanctions; 75% of the Iranian funds were in Tron — Crypto giant Binance has processed Iranian transactions with a value of $8 billion since 2018 despite U.S. sanctions intended …
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