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 …
Sources: Twitter teams hit hardest by the layoffs span communications, tweet curation, ethical AI, data science, research, ML, and some core engineering teams
spreading a lie that it was ‘Russian disinfo’, and thus materially interfering in a US Presidential election — have been removed. https://twitter.com/... Ryan Shattuck / @ryanmer : I can't get over ho...
Twitter lays off about half its staff, sending a “Your Role at Twitter” email to their company account for those staying and personal account for those leaving
which was maybe ~80-100 people — is down to just two people after layoffs today.... Will Oremus / @willoremus : Here's the first official communication from Twitter's new leadership to its staff, a we...
Elon Musk says Twitter suffered “a massive drop in revenue” due to activist groups pressuring advertisers, despite doing “everything” to “appease the activists”
lets be honest—isn't any less “brand safe” than two weeks ago. But it's an unspoken rule of Serious Media that we report the weather, we don't make it. https://twitter.com/... @cabel : @elonmusk Come ...
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.
Current and former Twitter staffers shed light on Musk's “War Room”, which includes Jason Calacanis and David Sacks, tasked with transforming Twitter's business
In his first week as owner, billionaire axed management, began mass job cuts and launched new products
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 …
Elon Musk's focus on Twitter Blue is part of a trend in which consumer tech platforms pivot from advertising in favor of recurring revenue through subscriptions
Tech's marriage of convenience to the ad industry hits the rocks — Request: Please fill out this survey as I think through …
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
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Cairo-based Money Fellows, which digitizes money circles or rotating savings and credit associations, raised a $31M Series B, bringing its total funding to $37M
Egyptian fintech Money Fellows has raised $31 million in what it describes as the first close of its Series B investment.
Source: Indian B2B marketplace Udaan plans to lay off 325 to 350 employees, or about 10% of its workforce, a week after raising $120M in convertible debt
Up to 350 on-payroll employees to get impacted, apart from a number of contractual workers — A week after securing $120 million …
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.
Sources: Twitter plans to shut down newsletter platform Revue, acquired in January 2021, by the end of 2022, and pauses its new Notes product and crypto wallet
Casey Newton / Platformer :
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
including harmful misinformation that can suppress the vote and combatting state-backed information operations — remain a top priority. Yoel Roth / @yoyoel : Last week, for security reasons, we restri...
Sources: 1,300 Starlink units in Ukraine went offline over funding issues, as SpaceX negotiates with US DoD despite Musk's claims to keep funding the units
Ukraine's fears that its troops may lose access to Elon Musk's crucial Starlink internet service deepened in the past week …
A look at the Rust programming language after 12 years, evolving from side project to robust ecosystem, as developers praise its security, ease, and performance
Rust makes it impossible to introduce some of the most common security vulnerabilities. And its adoption can't come soon enough. Tweets: @nathanielmott Tweets: Nathaniel Mott / @nathanielmott : You s...
Microsoft accuses China-backed nation state hackers of abusing the country's vulnerability disclosure requirements to discover and develop zero-day exploits
Jonathan Greig / The Record :
Q&A with telecom reporter Karl Bode about Gigi Sohn's nomination to the FCC as Comcast and Fox Corp. team up to lobby swing votes in the Senate against her
How often do the parent companies of Fox News and MSNBC team up? … Today, we're just talking about a problem. Tweets: @karlbode , @commoncause , @starfire2258 , and @reckless Tweets: Karl Bode / @karl...
El Salvador's Bitcoin “revolution” is failing miserably and behind the debacle are crypto evangelists from wealthier countries who cheered on President Bukele
ing rich down here!” https://twitter.com/... Tonya Garcia / @tgarcianyc : This story is unbelievable. “He doesn't behave as the president of an in-debt and poor country.” https://www.bloomberg.com/......
As chess explodes on Twitch, a look at Chess.com's Global Championship, its first in-person event since 2018, and “fair play” measures amid a cheating scandal
Cheating allegations have changed how chess is played, just as the game is shifting into looking a lot more like esports.
Loop, a logistics payments startup that matches shipping invoices to pricing, raised $30M across a seed and a Series A from Founders Fund, Flexport, and others
Jack Daleo / FreightWaves :
Insurance giant Zurich's $100M+ settlement to cover losses suffered by Mondelez International from NotPetya may reshape the entire cyber insurance marketplace
Suzanne Smalley / CyberScoop :
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”
Alex Barinka / Bloomberg : Tweets: @epro and @alexbarinka Tweets: Emil Protalinski / @epro : Narrator: He continued to make mistakes https://twitter.com/... Alex Barinka / @alexbarinka : Instagram is...
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