Techmeme
November 29, 2022, 4:25 AM

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 …
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.
Financial Times:
BlockFi sues Sam Bankman-Fried's Emergent Fidelity Technologies to seize Robinhood shares that SBF had pledged as collateral under an agreement on November 9  —  Complaint against FTX founder comes as crypto company becomes the latest to seek bankruptcy protection
Haje Jan Kamps / TechCrunch:
Apple Watch Ultra and Oceanic+ review by a scuba diver: user interface and screen are better than other dive computers, but misses some high-end features  —  In short: dive computer makers should be worried  —  In September, Apple launched the Apple Watch Ultra, which is not only waterproof to 100 meters …
Morgan Meaker / Wired:
Sources: Twitter has one staffer left on a team dedicated to removing CSAM after layoffs, despite Elon Musk saying “removing child exploitation is priority #1”  —  Just one person remains to enforce the company's ban on child sexual abuse content across Japan and the Asia Pacific region.
Platformer:
Sources: Twitter begins reinstating ~62K accounts with more than 10K followers after Elon Musk's poll on general amnesty; one account has over 5M followers  —  They're skeptical of their workers, too.  PLUS: New details on Musk's ‘general amnesty’ for banned Twitter users  —  and Zoë Schiffer
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 …
Jay Peters / The Verge:
The FTC and seven US states settle with Google and iHeartMedia, requiring the companies to pay $9.4M for allegedly paying radio hosts for deceptive Pixel 4 ads  —  Google and iHeartMedia are settling with the Federal Trade Commission (FTC) and seven state attorneys general for allegedly paying radio hosts …

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