Techmeme
November 28, 2022, 8:55 PM

Top News

Juli Clover / MacRumors:
Financial Times:
Source: Musk sought to call some brands' CEOs to berate them for advertising less on Twitter; others lowered spend to the minimum needed to avoid confrontation  —  Top brands abandon social media platform as billionaire owner berates chief executives who have curbed spending
Washington Post:
Source: in Q1 2022, Apple was the top advertiser on Twitter, spending $48M and accounting for over 4% of Twitter's revenue that quarter  —  In a series of tweets, the billionaire says Apple also has mostly stopped advertising on Twitter  —  Elon Musk on Monday went on a tear against Apple …
Joseph Menn / Washington Post:
Researchers: China seems to be flooding Twitter with porn tweets mentioning places where people are protesting, overwhelming Twitter's reduced moderation team  —  For hours, links to adult content overwhelmed other posts from cities where dramatic rallies escalated
Wall Street Journal:
Chinese protestors are holding up blank pieces of paper as a protest against censorship, leading platforms and censors to quickly remove the images  —  Protesters are using few or no words in public and online demonstrations to speak out against Beijing's zero-Covid policies
Decrypt:
BlockFi files for Chapter 11 bankruptcy protection in New Jersey, plans to lay off a large portion of its staff, and says it has $256.9M cash on hand  —  The FTX contagion has just claimed another crypto firm. … The crypto lender is also laying off a large portion of its staff, the source said.
Sam Schechner / Wall Street Journal:
Ireland's Data Protection Commission fines Meta €265M for failing to safeguard data on 500M+ users from data scrapers, the third fine by the DPC on Meta  —  Company gets new EU privacy fine as bloc tightens regulation of big tech companies  —  A top European regulator fined Facebook …
Foo Yun Chee / Reuters:
Sources: Microsoft will likely soon offer the EU concessions regarding the Activision deal; source: the main remedy would be a 10-year licensing deal to Sony  —  Microsoft (MSFT.O) is likely to offer remedies to EU antitrust regulators in the coming weeks to stave off formal objections …
Vlad Savov / Bloomberg:
Source: turmoil at Foxconn's Zhengzhou hub is likely to lower iPhone 14 Pro production by close to 6M units in 2022, potentially worsening if lockdowns continue  —  Turmoil at Apple Inc.'s key manufacturing hub of Zhengzhou is likely to result in a production shortfall of close …

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Earlier Picks

Charley Adams / BBC:
Ben Bartenstein / Bloomberg:
Eva Corlett / The Guardian: