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Techmeme
The essential tech news of the moment. Technology's news site of record. Not for dummies.
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Externals
1,493- https://twitter.com/techmeme
- Site News
- Mediagazer
- memeorandum
- WeSmirch
- New York Times
- https://www.nytimes.com/2022/11/03/technology/elon-musk-twitter-profitable.html
- Sources: Elon Musk is weighing adding paid DMs to let users privately message “Very Important Tweeters”; docs: Twitter Blue checks won't require ID verification
- The Verge
- Newser
- MUO
- VICE
- Big Technology
- @wongmjane
- @kurtwagner8
- @rmac18
- @esthercrawford
- @ariehkovler
- @mikeisaac
- @tomcoates
- @clarajeffery
- @goldman
- @dlind
- @pt
- @ibd_ecarson
- @gwillowwilson
- @leahmcelrath
- @modernistwitch
- @parkerortolani
- @nameshiv
- @kenbensinger
- @laurenwilliams
- @mattgertz
- @matthewbevan
- @radiofreetom
- @sheeraf
- @firstadopter
- @rmac18
- @ryanlcooper
- @adamparkhomenko
- @mmasnick
- @dantwany
- @brianmcc
- @nickconfessore
- @hankgreen
- @karaswisher
- See also Mediagazer
- The Verge
- Elon Musk is meeting with advisors to review Twitter's coming job cuts.
- Newser
- Stephen King: Elon Musk Is Like Tom Sawyer
- MUO
- Will Elon Musk Really Bring Back Vine?
- VICE
- Elon Musk Wants Us to Think He's at War With the Elites
- Big Technology
- “Now pay $8.” Evaluating Elon Musk's Early Plan For Twitter.
- @wongmjane
- Twitter is working on “Paid DMs”
- @kurtwagner8
- NEW: Elon Musk plans to eliminate ~3,700 jobs at Twitter on Friday. About half the staff. He also plans to end the “work from anywhere” policy... story w/ @EdLudlow https://twitter.com/...
- @rmac18
- We saw internal docs with more insight into the new Twitter Blue: -Launch on Nov. 7 but only in current markets (US, CA, Aus, NZ) -Check marks for subscribers, no current ID authentication -Some features announced by Musk won't be ready -Euro launch soon https://www.nytimes.com/... https://twitter.com/...
- @esthercrawford
- When your team is pushing round the clock to make deadlines sometimes you #SleepWhereYouWork https://twitter.com/...
- @ariehkovler
- Ohhh. This is bad. The new Twitter blue badge won't actually verify your identity at all. You just pay the money and they give you the tick. It's a scammers' charter. https://twitter.com/...
- @mikeisaac
- a few things: everything inside of twtr right now is fluid (and insane) so it's unclear what will launch the paid dms product seems like a way to give revenue to creators or celebs, like Post Malone as a mock-up example seems tough to do without annoying them but maybe opt-in
- @tomcoates
- This stuff is literally why the verification badge was created - so that the public on twitter would not be confused about whether people or organizations or politicians were really who they claimed to be, and wouldn't put themselves at risk.
- @clarajeffery
- “Mr. Musk and his advisers have discussed adding paid direct messages — which would let users send private messages to high-profile users ” sounds like a super efficient way to get celebrities to abandon your platform! https://www.nytimes.com/...
- @goldman
- If you were the head of product for a small startup and announced that your product strategy was “Make Money” you should be fired. It's not a product strategy and without one to inform the revenue plan, you are lost. https://www.nytimes.com/... https://twitter.com/...
- @dlind
- Note that what Musk has publicly described as a “public figure” designation is only for government officials. The idea that “public figure” would apply to journalists—the exact class that Musk's folks think of MOST pejoratively as “blue checks”—never struck me as super plausible. https://twitter.com/...
- @pt
- So far this is like a caricature of an unimaginative hostile takeover by a management team looking to strip mine a business. I hope week two will be some ideas for cool new products. https://twitter.com/...
- @ibd_ecarson
- Sending private spam to top Tweeters? https://twitter.com/...
- @gwillowwilson
- No ID requirements for a blue check. Just your credit card details. https://twitter.com/...
- @leahmcelrath
- So Elon Mush is planning to roll out these changes that will essentially delegitimize verified account identities on THE DAY BEFORE MIDTERM ELECTIONS. Purposeful or not, that creates a situation for bad actors to spread even more misinformation than usual at a critical time. ⚠️ https://twitter.com/...
- @modernistwitch
- disinformation network is go https://twitter.com/...
- @parkerortolani
- Is Twitter just gonna become OnlyFans? They already have the same brand colors! https://twitter.com/...
- @nameshiv
- this idea is the gift that just keeps giving- you may have thought it was a shoddy, uncreative trite plan with no real rhyme or reason to it but it's actually even less well thought out than that https://twitter.com/...
- @kenbensinger
- So basically Cameo but in reverse? I look forward to paying paying money to send a video of myself to Rudy Giuliani or the Tiger King lady? @MikeIsaac @RMac18 https://www.nytimes.com/... https://twitter.com/...
- @laurenwilliams
- Opening up blue checks to anyone with $8, with no ID verification, the day before Election Day, is a choice. https://twitter.com/...
- @mattgertz
- Soooo you'll be able to set up an account with a check mark spoofing a candidate? On Election Day? https://twitter.com/...
- @matthewbevan
- Also, he wants to allow users to pay him to send DMs to famous people, thereby guaranteeing the famous people will leave the platform. So he wants to turn Twitter into Reddit, basically. https://twitter.com/...
- @radiofreetom
- This is just the dumbest thing, and amounts to an 8 dollar fee for a check mark that will verify nothing except being a sucker. https://twitter.com/...
- @sheeraf
- No ID verification and they want to launch the day before the midterms... cool, cool. https://twitter.com/...
- @firstadopter
- You literally can't make this stuff up. Verified in name only as we all expected “Subscribers would not need their identities authenticated to get the check mark, the documents suggested.” via @MikeIsaac https://www.nytimes.com/... https://twitter.com/...
- @rmac18
- @MikeIsaac ... “Hi Mr. Postie, can you tell me why you think Revolver was The Beatles' best studio album? https://www.nytimes.com/... https://twitter.com/...
- @ryanlcooper
- “last year Twitter had less than $1 billion in cash flow, partly because of a one-time charge, meaning it generated less money than what it now owes its lenders annually. The company was also unprofitable for eight of the last 10 years.” https://www.nytimes.com/...
- @adamparkhomenko
- Musk plans to sell verified badges with “no ID authentication” the day before the US Election. https://twitter.com/...
- @mmasnick
- @MikeIsaac @RMac18 FWIW, the “pay to DM someone idea” seems like one of the better ideas I've heard from them, so long as it's set up similar to the current “super follows” (which is getting a name change). If the focus is on ways for fans to support creators, could be cool for some.
- @dantwany
- Just need to add crypto to paid direct messages and can call it https://earn.com/ https://twitter.com/...
- @brianmcc
- Ok. Can't resist. Going back to 2009-10 when I first went to CES and gave out my twitter handle instead of my email, PROFESSIONAL COMMUNICATIONS! Yo... Twitter could have owned this... https://www.techmeme.com/...
- @nickconfessore
- This seems like it would turn a feature intended to limit impersonation into a feature that would encourage it. https://twitter.com/...
- @hankgreen
- See, I was like, “I don't think that verifying people's identities will actually help that much with Twitter's content problems,” but maybe that was too much credit and they aren't going to verify the new verified uses at all. https://twitter.com/...
- @karaswisher
- No ID verification? You are kidding me. They have to do that if stopping bots is the actual goal. Otherwise, a scam, like Hershel Walker's police badge, except stupider? Let's hope this is more than that. https://twitter.com/... https://twitter.com/...
- See also Mediagazer
- Washington Post
- https://www.washingtonpost.com/technology/2022/11/03/elon-musk-twitter-layoffs/
- In an email, Twitter told its employees that layoffs will begin on Friday and they will receive an email with the subject line “Your Role at Twitter” by 9AM PST
- New York Times
- Livemint
- The Information
- Insider
- The Register
- Financial Times
- CNN
- The Economic Times
- Silicon Valley Business …
- Fortune
- Forbes
- Reuters
- New York Post
- Neowin
- The Hill
- Newser
- Mashable
- Engadget
- Variety
- Deadline
- SlashGear
- The Hollywood Reporter
- Digital Trends
- @ruchowdh
- @willoremus
- @sbkcrn
- @oneunderscore__
- @maxkennerly
- @caseynewton
- @carnage4life
- @caseynewton
- @karaswisher
- @pandemona
- @goldman
- @caseynewton
- @caseynewton
- @lizzadwoskin
- @hunterwalk
- @carnage4life
- @ericajoy
- @ackocher
- @oneunderscore__
- @fmanjoo
- @caseynewton
- @harryh
- @bborrman
- @billmckibben
- @danprimack
- @faizsays
- New York Times
- Elon Musk Begins Layoffs at Twitter
- Livemint
- Twitter down for users across countries, including India
- The Information
- Twitter Plans to Fire Employees by Email
- Insider
- Elon Musk starts layoffs at Twitter shortly after an email went out telling employees cuts would start the next day
- The Register
- Elon Musk reportedly outlines horrible Twitter layoff process
- Financial Times
- Elon Musk to begin Twitter lay-offs
- CNN
- Elon Musk's Twitter informs staff layoffs are set to begin
- The Economic Times
- Twitter lay-offs start, internal emails sent days after Elon Musk takes over
- Silicon Valley Business Journal
- Twitter outlines plans for layoffs Friday
- Fortune
- Elon Musk will start laying off thousands of Twitter's workers on Friday amid a growing exodus of advertisers
- Forbes
- Twitter To Begin Layoffs, Will Notify Workers Over Email
- Reuters
- Twitter to start layoffs -internal email
- New York Post
- ‘Unfortunately necessary’: Mass layoffs begin at Twitter under new CEO Elon Musk
- Neowin
- This is how Twitter will lay off half of its employees
- The Hill
- Musk sends email to Twitter employees, confirming plans for mass layoffs Friday: report
- Newser
- Twitter Employees Told to Stay Away From the Office as Layoffs Commence
- Mashable
- Elon Musk will reportedly lay off thousands of Twitter employees by Friday morning
- Engadget
- Twitter warns employees that layoffs are happening Friday
- Variety
- Elon Musk's Twitter to Make Massive Layoffs Friday via Email
- Deadline
- Twitter Mass Layoffs Expected To Begin Shortly, As Elon Musk Starts His Overhaul
- SlashGear
- Twitter Employees Get Last-Minute Email Warning Layoffs Will Start On Friday
- The Hollywood Reporter
- Mass Layoffs to Hit Twitter on Friday, Employees Told in Email
- Digital Trends
- Twitter to start layoffs on Friday, internal email reveals
- @ruchowdh
- Has it already started? Happy layoff eve! https://twitter.com/...
- @willoremus
- Here's the first official communication from Twitter's new leadership to its staff, a week after Musk took over: a fun game where you get to find out if you're laid off or not based by 9am tomorrow, based on whether the email pops up in your Twitter account or personal account. https://twitter.com/...
- @sbkcrn
- Looks like I'm unemployed y'all. Just got remotely logged out of my work laptop and removed from Slack. #OneTeam forever. Loved you all so much. So sad it had to end this way 💔
- @oneunderscore__
- Employees in Twitter just got an email from their bosses saying layoffs are coming tomorrow. Those who are staying will get a note tomorrow in their work email. Those who are let go will get an email sent to their personal address. Slot machine-style layoffs.
- @maxkennerly
- It appears Elon Musk has fired the director of software engineering at Twitter who, with a team of researchers, found “Tweets posted by accounts from the political right receive more algorithmic amplification than the political left.” 🤔 https://blog.twitter.com/... https://twitter.com/... https://twitter.com/...
- @caseynewton
- According to the email went out to employees at 5:21P PT: everyone affected will receive an email by 9AM PST Friday. 😞 https://t.co/am0atONQeP
- @carnage4life
- If the rumors are true that this will affect 50% of the company, I can't see how this isn't disruptive to the site since there's no way they could have figured out all the essential versus inessential people in a week.
- @caseynewton
- Also worth noting: the email that just went out to every Twitter employee is unsigned. Whatever is about to happen, Elon is not putting his name on it.
- @karaswisher
- Heard from six Twitter folks who were laid off so far. All really sharp and talented. Zero suck ups. I get there need to be some layoffs right now across tech. But so it goes here in part because someone had to overpay egregiously. https://twitter.com/...
- @pandemona
- my heart goes out to all the tweeps tonight. if you are a tweep or ever were a tweep, there's something that will always bind us together. godspeed on the next adventure, wherever it may lead you. 💙🫡
- @goldman
- I guess this is all part of the singular solution. https://twitter.com/...
- @caseynewton
- Tweeps are just hanging out in Slack saying nice things to each other until their access is cut off. I've never seen anything like it. Some really incredible people leaving Twitter tonight. We are all worse off without them there
- @caseynewton
- Twitter employees get endless shit, but the ones I knew — they worked hard, their work mattered, and they never stopped trying. Not until the moment their screens went blank
- @lizzadwoskin
- I've been covering this space, & Twitter, for nearly a decade. Twitter employees have their flaws. But to fire so many at once with no notice, no info about severance, no clear rationale, not even a word to people— there's just such a calibrated coldness about that
- @hunterwalk
- which former Twitter CEO will be the first to offer a tweet of empathy to the folks being let go the field is wide open so far!
- @carnage4life
- Twitter employees have started getting logged out of systems and removed from Slack. Thanks for all you've done working on this app. You all deserved better. 💙 https://twitter.com/...
- @ericajoy
- this is so foul. they couldn't even wait until the 9am email to start locking people out. https://twitter.com/...
- @ackocher
- Sounds like @twitter layoffs are rolling out already and anyone let go is having their access to everything pulled before they are personally informed. Might not be unusual (I don't know) but feels painful for people who invested their careers in the company. https://twitter.com/...
- @oneunderscore__
- Some employees I'm hearing from at Twitter are desperate to get laid off and get severance. The work culture there is beyond toxic. Some are afraid to push back against Elon because they don't want to risk getting fired for cause — disagreeing with Elon — and losing severance.
- @fmanjoo
- 1) love how the email is from “Twitter” 2) a more honest message would be “this action is unfortunately necessary because we now have to pay for debt servicing instead of workers” https://twitter.com/...
- @caseynewton
- In Slack, dozens of employees are posting the 🫡 emoji as a possible farewell. Anticipating the loss of half their colleagues, some have begun calling Friday “The Snap” and posting Thanos memes.
- @harryh
- Real leaders sign important emails with their name on the bottom. Saw some folks do that today and other folks.....not.
- @bborrman
- Couldn't even let people try to sleep tonight. https://twitter.com/...
- @billmckibben
- I guess we better hope self-driving Twitter works better than self-driving Teslas https://www.washingtonpost.com/ ...
- @danprimack
- Reminder: There is no good way to fire thousands of people, particularly in the remote work era. There are some particularly callous ways, and some more generous ways (see Stripe today), but in general it's a horrible experience for all involved — no matter the intentions.
- @faizsays
- For employees, this begins an anxious wait to find out their job status — potentially stretching 24 hours. Employees will receive an email with the subject line “Your Role at Twitter:” If retained, it'll go to work account If let go, it'll go to personal https://www.washingtonpost.com/ ...
- Platformer
- https://www.platformer.news/p/inside-twitters-product-roadmap-under?post_id=82372028
- Sources: Twitter plans to shut down newsletter platform Revue, acquired in January 2021, by the end of 2022, and has paused its four-month-old Notes product
- CoinDesk
- SlashGear
- MacDailyNews
- @mattnavarra
- @niubi
- @caseynewton
- @hunterwalk
- @martinsfp
- @mcwm
- @ryneismean
- @adrierising
- CoinDesk
- Twitter Reportedly Halts Work on Crypto Wallet, Driving Dogecoin Down 10%
- SlashGear
- Twitter May Shutter Two Features Made For Creators
- MacDailyNews
- Elon Musk said to eliminate half of Twitter staff; require those left standing to actually work
- @mattnavarra
- Twitter looks set to shut down its newsletter platform and 4-month old Twitter Notes is on indefinite pause https://www.platformer.news/ ...
- @niubi
- Inside Twitter's product roadmap under Musk, by @CaseyNewton https://open.substack.com/... “A new Vine camera is in. Notes and Revue are out”. Another giant throws in the towel on newsletters
- @caseynewton
- Some Twitter news as we wait for layoffs to hit: - Its Revue newsletter product will be sunset by end of year - ‘Notes’ longform writing product is on indefinite ‘pause’ - Details on the Vine reboot Subscribe to read ➡️ https://www.platformer.news/ ...
- @hunterwalk
- @CaseyNewton WHOA! casey did they notify all the Revue users yet???? . . . or are they planning on making those 12 phone calls over the coming weeks
- @martinsfp
- Looks like we left Revue just in time, @MattNavarra - it's closing down by the end of the year, along with the new Notes feature 😬 https://www.platformer.news/ ...
- @mcwm
- aw man I'm sorry to my 102 subscribers https://twitter.com/...
- @ryneismean
- If they gut the content moderation team while releasing a video product....lmaoooo https://twitter.com/...
- @adrierising
- monetizing individual tweets without longer form content to supplement it lmao he's such a jackass https://twitter.com/...
- Reuters
- https://www.reuters.com/technology/musk-orders-twitter-cut-infrastructure-costs-by-1-bln-sources-2022-11-03/
- Sources: Elon Musk directed Twitter's teams to find $1B+ in annual infrastructure cost savings, including reduced spending on cloud services and server space
- SlashGear
- @iboudreau
- @mattsheffield
- @lgbtqfc
- SlashGear
- Leak Claims Elon Musk Is Going After Twitter's Infrastructure Costs Next
- @iboudreau
- Man, this site is just straight up not going to work. Forget the eight bucks https://twitter.com/...
- @mattsheffield
- Looks like someone is trying to service his acquisition debt. But tbh if they're using Amazon services, dropping that overpriced stuff would easily help. It's astounding to me that so many companies remain on S3 and other Amazon services that offer such poor value. https://twitter.com/...
- @lgbtqfc
- Starting to think he genuinely did buy the company in order to destroy it? https://www.reuters.com/...
- Bloomberg
- https://www.bloomberg.com/news/articles/2022-11-04/twitter-sued-for-mass-layoffs-by-musk-without-enough-notice
- Twitter has been sued in San Francisco federal court for conducting mass layoffs without providing the required notice of at least 60 days under the WARN Act
- Wall Street Journal
- The Guardian
- NBC Bay Area
- SlashGear
- @lisabloom
- @elizabeth_joh
- @evan_gocats
- @josheidelson
- @karaswisher
- Wall Street Journal
- Elon Musk's Twitter Tells Staff Layoffs Will Be Announced Friday
- The Guardian
- Elon Musk announces Twitter mass layoffs to begin Friday
- NBC Bay Area
- San Francisco Mayor Encourages Laid Off Workers Apply for City Jobs
- SlashGear
- Elon Musk's Leaked Twitter Verification Plan Is Light On Verification
- @lisabloom
- Hey Twitter employees getting laid off tomorrow! IMPORTANT INFO from a CA employment attorney (me): CA's “WARN” law requires Twitter to give you 60 days notice of a massive layoff. A layoff of 50+ employees within a 30 day period qualifies. I know you didn't get that notice.
- @elizabeth_joh
- Twitter lawsuit filed: “The lawsuit asks the court to issue an order requiring Twitter to obey the WARN Act, and restricting the company from soliciting employees to sign documents that could give up their right to participate in litigation” https://www.bloomberg.com/...
- @evan_gocats
- This seems frivolous. Mass layoffs in WARN states occur without notice regularly. They just keep you on the payroll and pay you not to work for however long they're required. I feel horrendous for the employees. Getting laid off is among the worst things to ever go through https://twitter.com/...
- @josheidelson
- Scoop: Twitter was just sued in a proposed class action for conducting a mass layoff without the required 60 day notice https://www.bloomberg.com/...
- @karaswisher
- As expected @LisaBloom has entered the room. (WARN is a thing, for those who will try to say it is not — have covered this layoff aspect before many times and it can get thorny fast for companies) https://twitter.com/...
- Washington Post
- https://www.washingtonpost.com/technology/2022/11/03/elon-musk-twitter-layoffs-silence-blind/
- Sources: Twitter staff have yet to receive a single official message since Elon Musk took over, relying instead on his tweets, media reports, and private chats
- Bloomberg
- Ars Technica
- The Verge
- Insider
- Livemint
- TWC Newsletter
- BBC
- Attack of the 50 Foot …
- The Pragmatic Engineer
- Tech.co
- Digiday
- Fortune
- SlashGear
- Reuters
- The Register
- @willoremus
- @willoremus
- @willoremus
- @willoremus
- @loriamontgomery
- @jesselehrich
- @katies
- @marketurbanism
- @willoremus
- @kurtwagner8
- @minhtngo
- @stonekettle
- @damianpaletta
- @issielapowsky
- @edludlow
- @davetroy
- @schwarz
- @kyliebytes
- @mmasnick
- @chetfaliszek
- @mmasnick
- @msshanitarenee
- Bloomberg
- Musk Eliminates ‘Days of Rest’ From Twitter Employee Calendars
- Ars Technica
- Musk to cut half of Twitter jobs and end remote work for the rest, report says
- The Verge
- Elon Musk could cut half of Twitter's workforce
- Insider
- Elon Musk takes away ‘days of rest’ at Twitter in another major shift from Jack Dorsey's leadership style
- Livemint
- ‘If you are in office or on your way, please...’: Twitter to employees as layoffs begin today
- TWC Newsletter
- A Layoff Guide for Twitter Workers
- BBC
- Twitter to make job cuts after Elon Musk takeover
- Attack of the 50 Foot Blockchain
- Welcome to Twitter, Mr. Musk! Here's your accordion
- The Pragmatic Engineer
- The Scoop: Turmoil at Twitter
- Tech.co
- Twitter May Lay Off 50% of Employees and Shut Down Remote Working
- Digiday
- Advertisers say they're still uneasy about Twitter after talking with Elon Musk
- Fortune
- Silicon Valley is telling us something about the recession to come with a huge wave of layoffs and hiring freezes this week
- SlashGear
- Elon Musk Removes ‘Days Of Rest’ For Twitter Employees, Plans To Eliminate Remote Work
- Reuters
- Chaos, confusion reign ahead of Twitter layoffs
- The Register
- Latest layoffs: Lyft, Stripe more than decimate staff
- @willoremus
- Since taking over a week ago, Musk has not even officially told his new staff that he is in charge. Or that he fired their CEO and other top leaders. Staff have to follow his tweets to learn about major changes in company direction. “We're all working for the Trump White House.” https://twitter.com/...
- @willoremus
- Inside Elon Musk's “free speech” Twitter, a culture of secrecy and fear has taken hold. Managers and employees have been muzzled, Slack channels have gone dark, and workers are turning to anonymous gossip apps to find out basic info about their jobs. https://t.co/Mn21Ko9CqM
- @willoremus
- On Oct. 26, Twitter's head of people emailed staff that Elon was visiting the office, and that they'd all hear from him directly the next day. Musk took over that night and fired the C-Suite. Staff have not heard from him, or anyone in leadership, since. https://t.co/Mn21Koaagk https://t.co/bRTAHo3kEw
- @willoremus
- UPDATE: Twitter's chief accounting officer is rumored to have been “walked out” of the building and his Slack appears deactivated, a day after he was thanked by workers for a Slack post sharing long-awaited details about the stock payouts they're owed. https://www.washingtonpost.com/ ... https://twitter.com/...
- @loriamontgomery
- NEW via @WillOremus —> “We're all working for the Trump White House”: Under Musk, Twitter is mired in chaos and fear, as workers brace for tweets announcing bewildering new policies — and layoffs. https://www.washingtonpost.com/ ...
- @jesselehrich
- Elon is set to fire 3700 employees + force the rest to work from the office ~80 hrs/wk — and hasn't bothered to communicate a single thing to staff since he took over. https://www.washingtonpost.com/ ... https://twitter.com/...
- @katies
- “Communicate fearlessly to build trust” was one of the best core values at Twitter. https://twitter.com/...
- @marketurbanism
- In March, Twitter's CEO committed to remote work. Today we're learning that there's no such thing as a credible commitment to remote work. Workers - choose your place of residence accordingly. https://twitter.com/...
- @willoremus
- Current Twitter employees can't say anything to the boss but former Twitter employees are out here avenging the best way they know how https://t.co/kxfeQBr1Fy
- @kurtwagner8
- Not surprising but Elon is quickly eliminating the work-lifestyle perks at Twitter. “Days of rest” are out. Eliminating “Work from anywhere” is next. https://twitter.com/...
- @minhtngo
- “'We're all working for the Trump White House,' the worker said, comparing the atmosphere to Donald Trump's administration, where tweets from the president announcing policies that hadn't been discussed internally could come at any time.” https://www.washingtonpost.com/ ...
- @stonekettle
- Outside Twitter too. https://twitter.com/...
- @damianpaletta
- Amazing details in this @WillOremus piece of the culture of silence, fear and management mishaps spreading inside Twitter. https://www.washingtonpost.com/ ...
- @issielapowsky
- “Another Twitter employee was able to view a group on Slack, the workplace chat tool, in which company administrators appeared to be finalizing the precise number of workers to be laid off, and how much they'd receive in severance.” Brutal. https://twitter.com/...
- @edludlow
- NEW: Musk Eliminates ‘Days of Rest’ From Twitter Employee Calendars Along with plans to cancel Twitter's remote work policies, Musk is replicating playbooks from $TSLA and SpaceX. Story with @KurtWagner8 https://www.bloomberg.com/...
- @davetroy
- Going from “ongoing business concern” to “global information warfare apparatus” is going to necessarily be a rocky transition. Don't want pesky employees getting in the way of “the event.” https://twitter.com/...
- @schwarz
- One reason I think Elon Musk will succeed with Twitter is that smart, talented people respond well to management by fear and secrecy https://www.washingtonpost.com/ ... by @WillOremus
- @kyliebytes
- I have to be honest, it's deeply depressing to watch Twitter employees work over the weekend and sleep in the office to push out impossible deliverables that not one user wants, get zero internal comms, only to hear through the media thaf half of them are about to get laid off.
- @mmasnick
- ‘Free speech’ champion Elon Musk has never been a fan of free speech within his own companies. https://t.co/kunxET2xjR
- @chetfaliszek
- No As someone who has crunched. Who has done 36 hour days No Musk does not respect you, he exploits you.If he respected you he would have come in with a plan, not vague tweets asking people what they will pay for You are not working for a greater good, you are being exploited https://twitter.com/...
- @mmasnick
- Wow. I hadn't even realized that there's been no internal announcement on any of this. That's... dreadful leadership. https://twitter.com/...
- @msshanitarenee
- This is awful. Not only do I personally know some dope folks who work for Twitter, but I know the pain of an unexpected income loss. I hope they all land in a much better space. This would be a great time to relaunch BlackPlanet. https://twitter.com/...
- Wall Street Journal
- https://www.wsj.com/articles/general-mills-audi-and-pfizer-join-growing-list-of-companies-pausing-twitter-ads-11667507765?mod=djemalertNEWS
- General Mills and Audi paused Twitter ads, and sources say Pfizer and Mondelez have as well, as concern over content moderation grows
- Financial Times
- Mobile Dev Memo
- Los Angeles Times
- Washington Post
- CNBC
- The Guardian
- Associated Press
- Al Arabiya
- TechCrunch
- New York Post
- Reuters
- @patrickcoffee
- @jason_kint
- @lopezlinette
- @techwontsaveus
- @dalitdiva
- @danprimack
- @rfsquared
- @fpwellman
- @gregbensinger
- @gerritd
- See also Mediagazer
- Financial Times
- L'Oréal suspends advertising spending on Twitter
- Mobile Dev Memo
- Elon's dilemma — When he purchased Twitter via a consortium of investors …
- Los Angeles Times
- Twitter advertiser pause widens as General Mills taps the brakes
- Washington Post
- World's richest man decides to set $44 billion on fire
- CNBC
- Here's how Twitter and Elon Musk can prevent racist ‘raids’ on the social network
- The Guardian
- General Mills latest to halt Twitter ads as Musk takeover sparks brand exodus
- Associated Press
- General Mills, Audi pause Twitter ads, will evaluate site
- Al Arabiya
- Ad mogul Martin Sorrell says ‘Meta is the Issue, Twitter inconsistent but tiny’
- TechCrunch
- GM pauses paid advertising on Twitter as Chief Twit Elon Musk takes ownership
- New York Post
- General Mills, Audi, Pfizer pausing Twitter ads amid Musk drama: report
- Reuters
- Audi of America pauses paid Twitter advertising
- @patrickcoffee
- “Mr. Musk participated in a video call with WPP...& some of its clients such as Coca-Cola Co., Unilever and Google. Mr. Musk stressed that Twitter would be a safe place for brands, promising to rid the platform of bots and add community-management tools” https://www.wsj.com/...
- @jason_kint
- total own goal by Musk that will take significant work and time to regain trust of brands and their agencies who are accountable for them. More brands and likely publishers soon, too. https://www.wsj.com/...
- @lopezlinette
- Just in time for an economic slowdown. An easy line item to cross off. Some might call it a “no brainer.” https://twitter.com/...
- @techwontsaveus
- “Food company General Mills, Oreo maker Mondelez International, Pfizer, and Volkswagen AG's Audi are among a growing list of brands that have temporarily paused their Twitter advertising in the wake of the takeover of the company by Elon Musk.” https://www.wsj.com/...
- @dalitdiva
- Dropping this right here so that @elonmusk can see how important safety is for twitter's bottom line. https://www.wsj.com/...
- @danprimack
- More big advertisers pause Twitter spend. https://www.wsj.com/... (this is all of much greater financial consequence than blue checks... could have been mitigated by having content moderation group in place when Elon took over... or at least by now).
- @rfsquared
- . @pfizer doesn't need to pay for ads on here. @DrCaliff_FDA is doing it for them for free. https://twitter.com/...
- @fpwellman
- Told ya. Nobody wants screenshots of their brands next to hate, racism, and antisemitism. — General Mills, Audi, Mondelez and Pfizer join a growing list of companies pausing Twitter advertising https://www.wsj.com/...
- @gregbensinger
- Not conducive to servicing that debt https://www.wsj.com/...
- @gerritd
- Musk pitched advertisers on a PG-rated version of Twitter. Not sure what that means for regular Twitter... https://www.wsj.com/... https://twitter.com/...
- See also Mediagazer
- CNBC
- https://www.cnbc.com/2022/11/03/amazon-pauses-hiring-for-corporate-workforce.html
- Amazon pauses hiring for roles in its corporate workforce, after announcing in October plans to freeze hiring for corporate roles in its retail business
- About Amazon
- New York Times
- SiliconANGLE
- Engadget
- The Register
- BGR
- GeekWire
- PYMNTS.com
- Neowin
- CNN
- @thedomino
- @gergelyorosz
- @lesliejosephs
- @conorjrogers
- About Amazon
- A note about hiring from Beth Galetti
- New York Times
- A Slew of Tech Companies Announce Hiring Freezes and Job Cuts
- SiliconANGLE
- The freeze deepens: Amazon pauses hiring, Lyft and Stripe lay off workers
- Engadget
- Amazon freezes hiring at its corporate offices
- The Register
- Amazon freezes corporate hiring amid worsening economic outlook
- BGR
- Amazon corporate has stopped hiring
- GeekWire
- Amazon pauses hiring in corporate workforce for the ‘next few months’
- PYMNTS.com
- Amazon to Freeze Hiring for Corporate Positions
- Neowin
- Amazon decides to freeze corporate hires for several months due to the economy
- CNN
- Amazon will pause corporate hiring for months
- @thedomino
- Today's jobs related headlines (ahead of tmrw's big jobs report) - Amazon pauses hiring for corporate workforce - Stripe lays off 14% of workers - Lyft cuts 13% of workforce - Morgan Stanley to start layoffs in coming weeks
- @gergelyorosz
- Full email that Amazon sent out today: https://www.aboutamazon.com/ ... This makes all the largest public tech companies in various states of hiring freezes (Amazon, Apple, Google, Microsoft, Meta): https://blog.pragmaticengineer.com/ ...
- @lesliejosephs
- Slower growth, aircraft for replacement and now, the office chill. @annierpalmer on Amazon's corp workforce pause. $AMZN https://www.cnbc.com/...
- @conorjrogers
- Oh fun! We're doing that thing where we all say there's gonna be a recession and then companies go do things that cause one. Great work everyone. https://twitter.com/...
- Wall Street Journal
- https://www.wsj.com/articles/lyft-plans-to-lay-off-hundreds-of-staffers-11667490092?mod=djemalertNEWS
- Lyft plans to cut 13% of its 5,000+ employees, or nearly 700 jobs, due to “a probable recession”, after laying off 60 people, or under 2% of staff, in July 2022
- Lyft
- CNBC
- Insider
- Los Angeles Times
- CNN
- Bloomberg
- TechSpot
- PYMNTS.com
- Protocol
- San Francisco Business Journal
- WRAL TechWire
- Gizmodo
- Neowin
- @modestproposal1
- @izakaminska
- @jessicalessin
- @preetika_rana
- @davemcclure
- Lyft
- An update on our team — Below is an excerpt of a note our co-founders Logan Green …
- CNBC
- Lyft cuts 13% of its workforce
- Insider
- Read part of the memo Lyft's cofounders sent to employees as the company begins laying off nearly 700 staffers
- Los Angeles Times
- With Twitter layoffs set to start, employees worry about getting their severance
- CNN
- Lyft to lay off 13% of staff
- Bloomberg
- Lyft Is Cutting 13% of Staff Amid Tough Economic Conditions
- TechSpot
- Lyft to release 13% of workforce in latest wave of job cuts
- PYMNTS.com
- Lyft Lays Off Nearly 700 Staff and Braces for Changing Economy
- Protocol
- Sharpen your knives: 81% of CHROs say they're cutting head count
- San Francisco Business Journal
- Citing insurance costs, Lyft sheds hundreds of staff in new round of layoffs
- WRAL TechWire
- Lyft to cut 13% of workforce, lay off about 700 workers
- Gizmodo
- Lyft Just Laid Off Nearly 700 Corporate Employees and Partly Blamed It on Paying for Drivers' Insurance
- Neowin
- Lyft says it's cutting 13% of jobs as it faces up to “tough reality”
- @modestproposal1
- The right message even if a suspect messenger. Companies that react will be disadvantaged. “We need 2023 to be a period where we can better execute without having to change plans in response to external events — and the tough reality is that today's actions set us up to do that” https://twitter.com/...
- @izakaminska
- Uber's gain is Lyft's loss? In an inflationary high-interest rate environment it's going to be increasingly tougher to sustain low profitability or cash burn businesses. https://www.wsj.com/...
- @jessicalessin
- 12% to 14% seems to be the magic number for layoffs. - Stripe - Chime - Lyft https://www.theinformation.com/ ...
- @preetika_rana
- SCOOP: Lyft is cutting 13% of staff, or about 700 jobs, marking the second round of layoffs in recent months. My latest w/ the incredible @EmilyGlazer https://www.wsj.com/...
- @davemcclure
- ok so now that Facebook, Stripe, Twitter, Lyft, etc are all making cutbacks this week — expect every other private company that hasn't announced layoffs to do so in next 30d / before the holidays. #TheCurrentThing... is laying off at least 10-30% of your workforce.
- TechCrunch
- https://techcrunch.com/2022/11/02/momento-launches-out-of-stealth-with-a-serverless-cache/
- Momento, which offers a “serverless cache” optimized for cloud computing that it claims developers can add with ~5 lines of code, exits stealth with a $15M seed
- Momento
- SiliconANGLE
- DevOps.com
- Momento
- Founded by Former AWS DynamoDB Engineering Leadership, Momento Reinvents Caching for Cloud Databases With $15 Million in Seed Funding Led by Bain Capital Ventures
- SiliconANGLE
- Serverless cache startup Momento exits stealth mode with $15M in funding
- DevOps.com
- Momento Launches Elastic Cloud Caching Service
- Bloomberg
- https://www.bloomberg.com/news/articles/2022-11-03/stripe-cutting-headcount-by-14-as-it-readies-for-leaner-times
- Memo: Stripe plans to lay off 14% of its staff this week, reducing its headcount by 1,000+ to almost 7,000, to trim expenses in preparation for “leaner times”
- CNBC
- Stripe
- Morning Brew
- Forbes
- International Business Times
- TechCrunch
- Tech in Asia
- The Information
- Crowdfund Insider
- @mikeisaac
- @gergelyorosz
- @kateclarktweets
- @markdistef
- @librariancap
- @kr00ney
- @yashar
- @carnage4life
- @cee_pain
- @levie
- @alexrkonrad
- @nmasc_
- @mdudas
- @buccocapital
- @kvlly
- @ricburton
- @gergelyorosz
- @sue_bohn
- @copyconstruct
- @irreverentmike
- @adrianweckler
- @makispoke
- @eladgil
- @izakaminska
- @cavandy
- @kateclarktweets
- @film_girl
- @stop
- @asolove
- @shaneoleary1
- @paulcolgan
- @ow
- @mikeisaac
- @humanworkplace
- @om
- @carlquintanilla
- @mcwm
- @kateclarktweets
- @liron
- @chastaylor
- @markdistef
- @suzanbond
- @brandur
- @gergelyorosz
- @madhavchanchani
- @carnage4life
- @makispoke
- @micsolana
- @sts_news
- @tylerdinucci
- @bdsams
- @margaretomara
- @semil
- @decryptlyfe
- CNBC
- Stripe lays off 14% of workers
- Stripe
- CEO Patrick Collison's email to Stripe employees
- Morning Brew
- Tech layoffs came fast and furious on Thursday
- Forbes
- Stripe Lays Off More Than 1,000 Workers, 14% Of Staff
- International Business Times
- Stripe Layoffs: Twitter Reacts To Company's ‘Generous’ Exit Package Amid Widespread Tech Job Cuts
- TechCrunch
- Stripe cuts 14% of its workforce, CEO says they 'overhired for the world we're in'
- Tech in Asia
- Stripe to lay off 14% staff amid economic downturn
- The Information
- The Truth About Tech Layoffs
- Crowdfund Insider
- Stripe Slashes Workforce by 14% as Tough Economy Hits Business
- @mikeisaac
- also i think these two mistakes are true of most tech companies i can think of after the first six-nine months of the pandemic — recall a lot of “everything is online forever” thinking https://twitter.com/...
- @gergelyorosz
- Stripe laid off 14% of their team, informed people about an hour ago. 14 weeks of severance, they pay out 2022 bonus, accelerated RSU vesting, career + immigration support. A very interesting comparison: Adyen, Stripe's competitor is massively profitable, has no layoff risks.
- @kateclarktweets
- Stripe cuts 14% of staff: https://t.co/gmgG308PSS https://t.co/y3liQ3F3c7
- @markdistef
- New: Hearing that Stripe, one of the top private tech companies, has told staff there's a significant round of redundancies coming. One source says as many as 14% of the workforce affected.
- @librariancap
- Stripe reportedly cutting 14% of its headcount “Many of our competitors have had to pull back ... because they lose money every quarter & the capital that they needed to get placement as well as to continue to grow has been at least taken away for now” $PYPL CEO, Sep-22 GS conf. https://twitter.com/... https://twitter.com/...
- @kr00ney
- More fintech cost-cutting: Stripe plans to lay off 14% of workers “We were too optimistic about the internet economy's near-term growth in 2022 and 2023 and underestimated both the likelihood and impact of a broader slowdown.” https://www.cnbc.com/... https://twitter.com/...
- @yashar
- Stripe is laying off 14% of its workforce. Layoffs always suck but as far as layoff notices go, this email from co-founders @patrickc and @collision is about as empathetic as a corporate email can get. https://stripe.com/... https://twitter.com/...
- @carnage4life
- Stripe announces 14% layoffs this morning. It's one of the better layoff packages I've seen - 14 weeks severance - 2022 bonus + unused PTO will be paid - stipend for 6 months of healthcare - accelerated RSU vesting - immigration support for those on visas https://stripe.com/...
- @cee_pain
- Man .. many of these companies were overvalued and ramped up crazy during the past 4-5 years *BUT* this 2023 retraction/recession is starting to look nasty. https://twitter.com/...
- @levie
- Tech is going through an important phase of getting more efficient. Companies can't burn cash forever, and irrational spending hurts the entire sector as it inflates costs unsustainably. This is a healthy shift.
- @alexrkonrad
- Stripe announced it's laying off 14% of staff, or more than 1,000 people. @JeffKauflin and I had previously reported the company was looking to reduce headcount without a formal layoff. Evidently, such a cut wasn't going to go deep enough. https://www.forbes.com/...
- @nmasc_
- this is key i kind of take back that the cadence of layoffs might be slowing (even though that's what data shows). this forbes story on Stripe is a good reminder how there's more subtle ways to cut staff until The Big Reduction happens. https://twitter.com/...
- @mdudas
- “@Stripe's employee base more than doubled over the past two years. As of last month, it had more than 8,000 employees, and the new cuts bring it slightly below 7,000, the same staff size it had in February 2022.” https://www.forbes.com/...
- @buccocapital
- There's a different world here where Stripe goes public at peak fintech valuations, has a massive cash reserve, and doesn't *have to* lay off 15% of staff Still a head scratcher to me why they didn't IPO. Can't imagine employees love that decision, and less so today
- @kvlly
- I wouldn't say any company has zero layoff risk. We're in a very unpredictable macroeconomic environment that can take a turn none of us saw coming. We're also still very much coming down from the “glory days” of 2021 hiring. My heart goes out to those impacted by Stripe's RIF. https://twitter.com/...
- @ricburton
- I really admire the way the Collisons have built Stripe over the years Now they are setting a new bar for how to let people go humanely & talk about resizing candidly https://twitter.com/... https://twitter.com/...
- @gergelyorosz
- Stripe posted the message they sent to employees: https://stripe.com/... It's hard avoid comparisons to Adyen, which processes a similar volume to Stripe, but employs ~half the people than Stripe, in lower cost regions (Europe, mostly). Which is a better positioned business?
- @sue_bohn
- I am excited to announce @AzureAD Certificate-Based Authentication (CBA) on mobile. Now customers can work anywhere on their mobile devices. @Yubico is our first partner on this journey and we are partnering with other hardware security key vendors. https://techcommunity.microsoft.com/ ...
- @copyconstruct
- As always, Stripe is a cut above the rest when it comes to execution, including layoffs. - leadership accepts blame (whoa, this must be a first) - support with immigration for laid off employees - alumni email Having an alumni email address is something every company should do. https://twitter.com/...
- @irreverentmike
- 🚨 I was laid off from my job at Stripe this morning. I will always look back on my time at Stripe DevRel fondly. Time to unwind and decompress. If you are a newly-former Stripe, DM or email hello@mikebifulco.com. I'll do whatever I can to help you find your next job.
- @adrianweckler
- Stripe to cut 14pc of workforce (>1,000 jobs). Patrick Collison tells staff in memo: - “we overhired” - “[we were] much too optimistic about the internet economy's near-term growth in 2022 and 2023.” No word yet on Dublin office. https://www.independent.ie/...
- @makispoke
- Stripe's exit package for folks affected by the layoffs. https://twitter.com/...
- @eladgil
- Environment is only going to get tougher for private tech in 2023 Hard work to be done, but Stripe going to emerge stronger than ever. Incredibly bullish on their future 💪 Good time for other companies to focus on what 2023 means for them https://www.bloomberg.com/...
- @izakaminska
- Another example of how profitable established models will win out to non-profitable high growth models in an inflationary high-interest economy https://www.cnbc.com/...
- @cavandy
- spends 1.5 pages talking about how other ppl are telling them the world's changing (we see you Larry) but then states their recent Q signed 75% more custs YOY, record transactions this does not look like a biz that's slowing but sure, prematurely clip your wings I guess? #stripe https://twitter.com/... https://twitter.com/...
- @kateclarktweets
- “In making these changes, you might reasonably wonder whether Stripe's leadership made some errors of judgment. We'd go further than that. In our view, we made two very consequential mistakes.” https://twitter.com/...
- @film_girl
- Heart goes out to the Stripe team. There is not a good way to do a layoff, but there are bad ways. From what I can see so far, this is at least not a bad way. Let me know if I can signal boost anyone. Love and hugs.
- @stop
- Layoffs at any company are difficult. But if they need to happen, ideally the company handles them in such a transparent, apologetic, and dignified way as Stripe is doing for its employees being let go today. https://stripe.com/...
- @asolove
- Hugs to Stripe folks today. Let me know if I can make intros, write recommendations, or try to hire you.
- @shaneoleary1
- Between Shopify & Stripe, the theme of ‘we hired too much post covid because we thought the e-commerce boom would continue to accelerate’ is a pretty consistent one. https://twitter.com/...
- @paulcolgan
- Bad 24 hours on the tech front. Stripe to let over 1,000 go - worries in Dublin. Musk reportedly set to halve the Twitter workforce - impact on European HQ in Dublin unclear. Added to concerns about Intel.
- @ow
- Tough morning. I am still here, however we lost many *incredibly* talented people today that I was lucky to work with 💔. If you're hiring you should snap them up quick, these are some of the brightest, most impactful people in the industry. https://stripe.com/...
- @mikeisaac
- this is a pretty “good” letter (inasmuch as any layoffs letter like this can be) to stripe employees with actual insight into why cuts to the biz are coming — feels like a real window into macroeconomic trends and how they're hitting tech in general https://stripe.com/...
- @humanworkplace
- If you have to lay people off, this is the way to do it https://stripe.com/...
- @om
- This is a very good way to communicate with your company when facing a tough time, layoffs and in general emotional upheaval. Take note, other startups. @stripe @patrickc https://stripe.com/...
- @carlquintanilla
- “.. reduced investment budgets, sparser startup funding. .. We think that 2022 represents the beginning of a different economic climate.” #Stripe https://twitter.com/...
- @mcwm
- Can you imagine the panic employees felt after receiving this email and the next 15 minutes of their life https://twitter.com/...
- @kateclarktweets
- Stripe is cutting 14% of staff, which will return it to a headcount of about 7,000, and is “firmly reining in all other sources of cost.” https://stripe.com/...
- @liron
- Every company needs a valve to smoothly lay off 14% of staff every few years. That this is happening is a great sign that the US is still economically and culturally the best home for businesses. https://t.co/nqVOOkgAXp
- @chastaylor
- No word yet on how many people might lose their jobs in Dublin as Stripe announces plans to cut 1,000 jobs https://www.businesspost.ie/ ...
- @markdistef
- The air is coming out of the e-commerce balloon. https://twitter.com/...
- @suzanbond
- Layoffs are always difficult and hard to handle well. That said, Stripe did a good job. The founders were transparent and took responsibility for mistakes. They were also thorough and mindful on how to minimize the impact of those affected. https://stripe.com/...
- @brandur
- Stripe's prime competency isn't payments, engineering, or product — it's PR, and always was. I look on in reluctant admiration at how even layoffs are executed about as masterfully as is possible. Sorry to anyone who got hit. This sucks.
- @gergelyorosz
- I want to call out that all things considered, the way Stripe is doing layoffs set a new bar. 1. Generous severance and more support than most places give. 2. Transparent on WHY this happened and the mistakes leadership made 3. alumni. stripe. com email addresses created.
- @madhavchanchani
- Big! Online payments giant Stripe is laying off roughly 14% of its staff Cuts are a result of operating costs growing too quickly, and leadership misjudged how much the internet economy would continue to grow, CEO Patrick Collison wrote in a memo https://www.cnbc.com/...
- @carnage4life
- Stripe leadership deserves all the flowers for acknowledging that like lots of e-commerce related companies they overhired during the COVID boom and now need to address that mistake. There are tech companies who've made similar mistakes that haven't owned up and changed course. https://twitter.com/...
- @makispoke
- it's a brutal week in tech. 14% layoffs at Stripe. 12% layoffs at Chime. 50% layoffs at Twitter with removal of WFH with a sadistic new boss expecting minimum 80 hour work weeks. hang in there everyone! 💙 https://twitter.com/...
- @micsolana
- layoffs at coinbase, robinhood, lyft, meta, stripe (!!) — good people at good companies. really alarming macro story unfolding, somewhat drown out in the twitter drama. anyone even remotely keyed into the economy is bracing for a long winter.
- @sts_news
- Daaaaaaamn. Wild. We should expect a lot more. And as a friend put it, “Stripe is actually a useful product.” So what will happen with all of the unprofitable crap that is not useful (which let's face it, is a lot of it). https://twitter.com/...
- @tylerdinucci
- Compare that to Elon's layoff email, where he didn't even sign his name at the end. https://twitter.com/...
- @bdsams
- A bit of self-fulfilling prophecy going on with layoffs: Expectations: A recession is coming, companies making cuts. These cuts impact consumer spending/confidence, accelerating expectations of recession. Last month - private job sector growth outpaced expectations https://twitter.com/...
- @margaretomara
- “we're very sorry to be taking this step and John and I are fully responsible for the decisions leading up to it” — this indeed good and all too rare https://twitter.com/...
- @semil
- Stripe's '22 has seen a valuation markdown, layoffs, and an IPO indefinitely delayed. There hasn't been a private company as revered as Stripe since Facebook. Everyone's bracing for rough days ahead, but looking at Stripe as a lighthouse example, it drives it home even more.
- @decryptlyfe
- Hi all Unfortunately Stripe has decided to reduce HC including my role. I have over 25yrs of exp in Information Security, with specialties in Insider Risk, Beyondcorp/Zero Trust and Vuln Management. Open to remote roles or in Los Angeles.
- The Verge
- https://www.theverge.com/2022/11/3/23439107/amd-rx-7900-xtx-xt-graphics-cards-rdna-3
- AMD unveils the RX 7900 XTX for $999 and the lower powered RX 7900 XT for $899, its first GPUs built on the RDNA 3 chiplet architecture, coming December 13
- Ars Technica
- TechPowerUp
- Digital Trends
- Club386
- Wccftech
- Dexerto
- IGN
- PC Gamer
- SlashGear
- Appuals.com
- Tom's Hardware
- Gizmodo
- TechSpot
- TechRadar
- Neowin
- AnandTech
- PCWorld
- Forbes
- Ars Technica
- AMD's next-gen Radeon RX 7900 XTX and XT launch December 13 for $999 and $899
- TechPowerUp
- AMD Announces the $999 Radeon RX 7900 XTX and $899 RX 7900 XT, 5nm RDNA3, DisplayPort 2.1, FSR 3.0 FluidMotion
- Digital Trends
- AMD's new RX 7900 XTX is here, and it dramatically undercuts Nvidia
- Club386
- AMD announces RTX 40 Series rivals - enter $999 RDNA 3 Radeon RX 7900 XTX and $899 RX 7900 XT
- Wccftech
- AMD Radeon RX 7900 XT Unveiled: Navi 31 XT GPU With 20 GB Memory, Faster Than NVIDIA 3090 Ti For $899 US
- Dexerto
- AMD announces RX 7900 XT & XTX RDNA 3 GPUs, starting at $899
- IGN
- AMD Officially Announces the Radeon RX 7000 Desktop GPUs
- PC Gamer
- AMD announces $999 RX 7900 XTX and $899 RX 7900 XT, available next month
- SlashGear
- AMD Reveals First RDNA 3 GPUs With The Radeon RX 7900 XTX And XT
- Appuals.com
- AMD Reveals the RDNA3-Based RX 7900 XTX & RX 7900 XT Flagship Graphics Cards
- Tom's Hardware
- AMD Radeon RX 7900 XTX, Radeon 7900 XT, and RDNA 3 Revealed
- Gizmodo
- AMD's RDNA 3 GPUs are Way Cheaper Than the RTX 4090
- TechSpot
- AMD Radeon RX 7900 XTX and 7900 XT launched at $999 and $899
- TechRadar
- AMD challenges Nvidia with Radeon RX 7900 XTX and RX 7900 XT graphics card reveal
- Neowin
- AMD's new RDNA 3 RX 7900 XTX, 7900 XT look like true Nvidia RTX 4090, 4080 killers
- AnandTech
- AMD Reveals Radeon RX 7900 XTX and 7900 XT: First RDNA 3 Parts To Hit Shelves in December
- PCWorld
- AMD's radical Radeon RX 7900 XTX is brutally fast and a lot cheaper than Nvidia
- Forbes
- AMD Confirms Radeon RX 7900 XTX And 7900 XT Graphics Cards Set To Take The Fight To Nvidia
- CNBC
- https://www.cnbc.com/2022/11/03/atlassian-team-q1-2023.html
- Atlassian reports Q1 revenue of $807.4M, up 31% YoY, and forecasts lower than expected Q2 revenue; stock is down 20%+, after having fallen 54% already this year
- SiliconANGLE
- SiliconANGLE
- Investors hammer Atlassian on earnings miss and weak outlook
- Bloomberg
- https://www.bloomberg.com/news/articles/2022-11-03/apple-pauses-hiring-for-roles-outside-research-and-development
- Sources: Apple paused hiring last month for many jobs outside of R&D, including some corporate functions and hardware and software engineering roles
- The Mac Observer
- The Mac Observer
- Apple Corporate May Be a Few Degrees from Freezing
- The Verge
- https://www.theverge.com/2022/11/2/23434360/google-1000-languages-initiative-ai-llm-research-project
- Google unveils an AI model trained on 400+ languages with the largest “coverage seen in a speech model” and plans to support the 1,000 most spoken languages
- CoinDesk
- https://www.coindesk.com/business/2022/11/03/coinbase-cuts-q3-losses-in-half-to-545m/
- Coinbase Q3: net revenue down 28% QoQ to $576M, net loss down 50% QoQ to $545M, subscription and services up 43% QoQ, and monthly transacting users down to 8.5M
- Bloomberg
- The Block
- CNBC
- Coinbase Global, Inc.
- PYMNTS.com
- Digiday
- Cointelegraph
- Protocol
- Decrypt
- Ethereum World News
- Financial Times
- Bloomberg
- CryptoSlate
- SiliconANGLE
- @b1ockgreg
- @crypto
- @fintechfrank
- See also Mediagazer
- Bloomberg
- Coinbase CFO Sees Risk of ‘Sustained’ Revenue Hit in Crypto Rout
- The Block
- Coinbase MTUs beat estimates, trading volumes miss
- CNBC
- Coinbase reports better-than-expected user numbers even as third-quarter revenue plunges
- Coinbase Global, Inc.
- Shareholder Letter — Fellow shareholders, Chapter 1 Chapter 2 Chapter 3 Q3 was a mixed quarter for Coinbase.
- PYMNTS.com
- Coinbase Loses Half Billion Dollars and Half Million Customers in Q3
- Digiday
- Gannett's Q3 earnings were bleak, but CEO Mike Reed expects the worst is behind the publisher
- Cointelegraph
- Coinbase transaction revenues plummet 44% as users activity declines in Q3
- Protocol
- Coinbase is still losing users. The damage wasn't as bad as Wall Street feared.
- Decrypt
- Coinbase Revenue Down 28% as Trading Volume Sinks Amid Brutal Bear Market
- Ethereum World News
- Coinbase Q3 Report: Coin Stock Tanks 4% As Exchange Misses Revenue Estimates
- Financial Times
- Coinbase blames sagging crypto volumes as revenue plummets
- Bloomberg
- Coinbase's Third-Quarter Sales Miss Wall Street's Targets
- CryptoSlate
- Coinbase burns $546M of USD resources as it reports another quarter in the red with a 55% revenue decline
- SiliconANGLE
- Higher-than-expected user numbers elevate Coinbase shares
- @b1ockgreg
- 1/ Not looking good for Coinbase. Coinbase's ~$6.9bn debt outstanding traded at ~60 cents on the dollar this morning, with some bonds trading below ~60 cents — falling close, if not into distressed territory #COIN #coinbase https://twitter.com/...
- @crypto
- BREAKING: Coinbase, the largest US crypto exchange, posted a narrower loss and said revenue fell for a third consecutive quarter in its latest earnings report https://www.bloomberg.com/... https://twitter.com/...
- @fintechfrank
- “As of the end of the quarter, roughly 25% of the 100 largest hedge funds in the world by reported assets under management have chosen to onboard with Coinbase.” ~ COIN Q3 earnings report The institutions are coming?
- See also Mediagazer
- MacRumors
- https://www.macrumors.com/2022/11/03/paypal-venmo-apple-tap-to-pay-integration/
- PayPal plans to add support for iPhone's Tap to Pay feature in its PayPal and Venmo iOS apps “soon”, add Apple Pay to its checkout options, and more
- 9to5Mac
- iMore
- The Verge
- AppleInsider
- The Apple Post
- Bloomberg
- @chancehmiller
- 9to5Mac
- PayPal and Venmo adding Tap to Pay on iPhone, Apple Pay for online purchases, and Wallet app support
- iMore
- Apple Tap to Pay is coming to PayPal and Venmo
- The Verge
- PayPal and Venmo will soon support Apple's Tap to Pay contactless payments tech
- AppleInsider
- PayPal to add Tap to Pay on iPhone, Apple Pay, and Wallet support
- The Apple Post
- Apple Tap to Pay on iPhone support coming to PayPal and Venmo apps
- Bloomberg
- PayPal and Apple reach a truce: PayPal and Venmo debit cards will soon be accepted in Apple Wallet and PayPal will add Apple Pay to its checkout options
- @chancehmiller
- Tap to Pay on iPhone support is cool, but PayPal _finally_ adding Apple Pay support for purchases + its credit/debit/Venmo cards is great. https://twitter.com/...
- VentureBeat
- https://venturebeat.com/ai/dall-e-api-released-by-openai-in-public-beta/
- OpenAI releases a DALL-E API in public beta, letting developers integrate DALL-E into their apps and products; the API is priced per image output, based on size
- OpenAI
- Ars Technica
- The Information
- @openai
- @gdb
- @om
- OpenAI
- DALL·E API Now Available in Public Beta
- Ars Technica
- OpenAI debuts DALL-E API so devs can integrate its AI artwork into their apps
- The Information
- OpenAI Launches DALL-E 2 Service for Software Developers
- @openai
- We've just launched the DALL·E API so developers can integrate DALL·E directly into their own apps and products. https://openai.com/...
- @gdb
- DALL-E API now live: https://openai.com/... https://twitter.com/...
- @om
- So much of OpenAI latest moves around visual/generative AI is being reactive to @StableDiffusion & the attention/momentum it has been getting. Nevertheless it is good to see the whole ecosystem have a Cambrian moment. https://twitter.com/...
- The Verge
- https://www.theverge.com/2022/11/3/23438286/amazon-matter-support-alexa-echo-smart-home-platform
- Amazon plans to roll out the Matter over Wi-Fi standard to 17 Echo devices in December, starting with Android phones, covering smart plugs, bulbs, and switches
- alexa-blog
- XDA Developers
- Connectivity Standards …
- AppleInsider
- Sammy Fans
- TechCrunch
- iPhone in Canada Blog
- Redmond Pie
- Appuals.com
- Gizmodo
- Thurrott
- NextPit
- 9to5Mac
- @alexadevs
- @jp2e
- @stshank
- @caro_milanesi
- @smartthingsbeat
- alexa-blog
- Announcing Matter Launch and Introducing Works with Alexa (WWA) for Matter devices
- XDA Developers
- Matter officially launches with strong support from Amazon, Samsung, Philips, and more
- Connectivity Standards Alliance
- Smart Home Innovation Set To Accelerate With Matter
- AppleInsider
- What's next for the Matter smart home
- Sammy Fans
- Matter announces official debut, support for Samsung products and more
- TechCrunch
- Amazon details Matter rollout for Alexa devices
- iPhone in Canada Blog
- Amazon Announces Matter Support for Alexa Devices
- Redmond Pie
- Amazon Is Adding Matter To Echo Devices But iOS Support To Come Later
- Appuals.com
- New Smart Home Standard Matter Finally Launches, Amazon's Alexa Among Many to Pledge Support
- Gizmodo
- These Are the First Devices to Work With the Matter Smart Home Standard
- Thurrott
- Amazon to Roll Out Matter Support on Alexa-Powered Devices by December
- NextPit
- What is (the) Matter? The smart home standard to rule them all
- 9to5Mac
- Amazon adding Matter support to Echo devices next month; Philips Hue update in 2023
- @alexadevs
- As a founding member and key contributor, we're excited about the launch of Matter. Get a view of our Matter launch plans, new collaborations, and how we're getting it right for customers by prioritizing quality. Learn more: https://developer.amazon.com/ ... https://twitter.com/...
- @jp2e
- Amazon is taking a slow-but-steady approach to rolling out Matter to its over 100 million Echo devices in the wild. https://www.theverge.com/... https://twitter.com/...
- @stshank
- I'm encouraged by Matter progress. Smart-home tech is a huge pain to set up: download app, find device, set up network, hook into Google/Amazon/Apple app... Even Apple is on board: “Apple Home isn't just about HomeKit anymore,” the company said. https://t.co/1uDSgmqdHc
- @caro_milanesi
- Great to see that through #Matter customers will be able to control their devices with @alexa99 or @smartthings without having to set them up on each platform individually https://developer.amazon.com/ ...
- @smartthingsbeat
- “Amazon also announced a collaboration with Samsung SmartThings that will make it easy to set up Matter devices on one platform and port them to the other without having to set them up again. This is similar to the collaboration with Google that Samsung announced last month” https://twitter.com/...
- CNBC
- https://www.cnbc.com/2022/11/03/block-sq-earnings-q3-2022.html
- Block Q3: revenue up 17% YoY to $4.52B, vs. $4.49B est., gross profit up 38% YoY to $1.57B, vs. $1.53B est., and Cash App gross profit up 51% YoY; stock up 12%+
- CoinDesk
- Bloomberg
- Block, Inc.
- The Information
- Seeking Alpha
- SiliconANGLE
- Protocol
- Crowdfund Insider
- MarketWatch
- Reuters
- CoinDesk
- Jack Dorsey's Block Sees Drop in Bitcoin Revenue as Consumer Demand, Crypto Prices Slump
- Bloomberg
- Block Shares Climb on Earnings Beat, Cash App's Growth
- Block, Inc.
- Q3 2022 Shareholder Letter
- The Information
- Block Shares Jump On Cash App Growth
- Seeking Alpha
- Block stock surges after Cash App, Square drive big Q3 earnings beat
- SiliconANGLE
- Block shares surge on strong earnings beat
- Protocol
- Block is cashing in on Cash App
- Crowdfund Insider
- A Tale of Two Fintechs: PayPal Drops as Block Pops
- MarketWatch
- Block stock rockets higher after earnings as Square parent beats on profit
- Reuters
- Block revenue jumps on Cash App growth
- TechCrunch
- https://techcrunch.com/2022/11/03/decentralized-social-network-mastodon-grows-to-655k-users-in-wake-of-elon-musks-twitter-takeover/
- Mastodon says 230,000 people joined its open-source decentralized social network in the past week and the service has hit a record 655,000 active users
- Financial Times
- Gizmodo
- Data protection …
- Politico
- 9to5Google
- @joinmastodon
- @baekdal
- Financial Times
- Twitter: the bird is free but can't fly financially
- Gizmodo
- How to Join Mastodon, the Ad-Free Social Network Billionaires Can't Buy
- Data protection and digital competition
- Tools for the great Twitter migration
- Politico
- EU Twitterati plot escape amid Musk takeover
- 9to5Google
- Here are the best Mastodon apps to download for Android
- @joinmastodon
- The number of people who switched over to #Mastodon in the last week alone has surpassed 230 thousand, along with many returning to old accounts bumping the network to over 655 thousand active users, highest it's ever been! Why? 👉 https://twitter.com/...
- @baekdal
- It's going to take a long time before they get close to Twitter (if ever) https://twitter.com/...
- The Guardian
- https://www.theguardian.com/technology/2022/nov/02/tiktok-tells-european-users-its-staff-in-china-get-access-to-their-data
- TikTok plans to update its privacy policy on December 2 to confirm that its staff outside of Europe, including in China, can access the data of European users
- Quartz
- Pandaily
- Tubefilter
- The Information
- @isaacstonefish
- @lukolejnik
- @niubi
- Quartz
- TikTok's updated data privacy policy does little to settle nerves
- Pandaily
- TikTok to Expand E-Commerce Business to US and Spain
- Tubefilter
- As the FCC renews calls for a TikTok ban, European user data heads to China
- The Information
- QVC Emerges as a Draw for Influencers
- @isaacstonefish
- TikTok just acknowledged to European users that it can share their data with the Chinese government. This is a massive admission, and a key to a puzzle. To understand why, it's important to understand CCP influence in Chinese companies (thread). https://www.theguardian.com/ ...
- @lukolejnik
- TikTok updating its privacy policy, clarifying that it can transfer European (EU+UK+Switzerland+etc) users data to China. https://www.theguardian.com/ ... https://newsroom.tiktok.com/ ... https://twitter.com/...
- @niubi
- TikTok tells European users its staff in China get access to their data https://www.theguardian.com/ ... confused, I thought tiktok said this wasn't possible?
- Add your company here
- https://www.ridehome.info/show/techmeme-ride-home/
- Techmeme Ride Home:
- Thu. 11/03 - How About Some Non-Twitter News?
- Apple Podcasts
- Spotify
- RSS
- Twitter has been sued in San Francisco federal court for conducting mass layoffs without providing the required notice of at least 60 days under the WARN Act
- AMD unveils the RX 7900 XTX for $999 and the lower powered RX 7900 XT for $899, its first GPUs built on the RDNA 3 chiplet architecture, coming December 13
- Momento, which offers a “serverless cache” optimized for cloud computing that it claims developers can add with ~5 lines of code, exits stealth with a $15M seed
- Atlassian reports Q1 revenue of $807.4M, up 31% YoY, and forecasts lower than expected Q2 revenue; stock is down 20%+, after having fallen 54% already this year
- PayPal plans to add support for iPhone's Tap to Pay feature in its PayPal and Venmo iOS apps “soon”, add Apple Pay to its checkout options, and more
- Sources: Elon Musk directed Twitter's teams to find $1B+ in annual infrastructure cost savings, including reduced spending on cloud services and server space
- Sources: Apple paused hiring last month for many jobs outside of R&D, including some corporate functions and hardware and software engineering roles
- Full Time-Sorted List
- Some journalists say they are deleting their Twitter DMs, as many scoff at the idea of an $8 verification fee and make plans to use rival social media platforms
- Since WarnerMedia's Discovery merger on April 8, the stock is down ~48%, debt is higher than at other media companies, and sources say 1,000+ have been let go
- CNBC cancels primetime general news show The News with Shepard Smith to refocus on business and market coverage; source: Smith plans to leave later in November
- View all events
- Add your event here
- Add to your calendar
- CNBC
- Twilio reports Q3 revenue up 33% YoY to $983M, vs. $972.2M est., 280K+ active customer accounts, and Q4 revenue guidance below estimates; the stock drops 15%+
- Twilio
- Benzinga
- SiliconANGLE
- @jonahlupton
- Twilio
- Twilio Announces Third Quarter 2022 Results
- Benzinga
- Block, Paypal, Twilio, Atlassian, Doordash: Why These Stocks Moved Significantly In Afterhours Trading Today
- SiliconANGLE
- Twilio's stock crumbles on poor revenue guidance
- @jonahlupton
- Just sent out my writeup on $TWLO (no position) https://jonahlupton.substack.com/ ... $TWLO is down 83% from early 2021 when it was trading at 32x NTM EV/Sales; now it's trading at 3x NTM EV/Sales despite 48% annualized revenue growth from 2020 to 2022. $TWLO reports Q3 earnings on Thursday. https://twitter.com/...
- Bloomberg
- PayPal reports Q3 revenue up 12% YoY to $6.85B, vs. $6.81B est., and payments volume up 14% YoY to $337B, vs. $343.2B est.; stock drops 8%+ on lower FY forecast
- The Block
- CNBC
- Reuters
- The Block
- PayPal reports $6.85 billion in Q3 net revenue, beats Wall Street estimate
- CNBC
- Paypal drops on light revenue forecast for Q4
- Reuters
- PayPal slides after forecasting lower annual revenue
- Wall Street Journal
- DoorDash reports Q3 revenue up 33% YoY to $1.7B, orders up 27% YoY to 439M, and net loss up 193% YoY to $296M; the stock jumps 15%+ on strong Q4 guidance
- DoorDash, Inc.
- CNBC
- MarketWatch
- DoorDash, Inc.
- Investor Letter — Fellow Shareholders, DoorDash's mission is to grow and empower local economies.
- CNBC
- DoorDash stock surges after sales beat expectations
- MarketWatch
- DoorDash orders hit all-time records as growth continues; stock shoots higher
- New York Times
- US political groups are increasingly using influencers, a practice the FEC's campaign finance laws do not regulate, relying on an honor system for disclosures
- @juliammccarthy
- @seangraf
- @ryannewyork
- @ryannewyork
- @juliammccarthy
- @stephaniealai
- See also Mediagazer
- @juliammccarthy
- #hotgirlsvote in the new york freaking times!!!!! 🤠 https://www.nytimes.com/... https://twitter.com/...
- @seangraf
- In a September poll by The New York Times/Siena College, just 30 percent of young voters said they were “almost certain” they would vote in the midterm elections. Campaigns Pay Influencers to Carry Their Messages, Skirting Political Ad Rules https://www.nytimes.com/...
- @ryannewyork
- “Mr. Hougland said People First had worked with about 10,000 influencers this election cycle to cover seven congressional races and about a dozen other advocacy and state-level campaigns.” https://peoplefirst.cc/
- @ryannewyork
- “@PeopleFirst_cc a liberal-leaning firm that specializes in partnership with influencers, found in one study that 43 percent of people surveyed trusted influencers more than political campaigns themselves, said Curtis Hougland, the company's CEO. https://www.nytimes.com/...
- @juliammccarthy
- Our athlete ambassador program and Hot Girls Vote have been two of the most impactful (and FUN) campaigns to run at @NextGenAmerica, and I am so honored to have them spotlighted in the @nytimes. https://www.nytimes.com/... https://twitter.com/...
- @stephaniealai
- Away with the yard signs, Gen-Z is using dating apps and TikTok to show their political support, and political campaigns are increasingly turning to them. It's cost-effective and hyper-targeted. And it's a novel practice with largely no federal guidance. https://www.nytimes.com/...
- See also Mediagazer
- MIT Technology Review
- Bot Sentinel: ~877K Twitter users deactivated their accounts and 497K suspended their accounts between October 27 and November 1, more than double the usual
- SlashGear
- @cbouzy
- @charles_gaba
- SlashGear
- Twitter Account Deactivations Have Skyrocketed Amid Musk Takeover Controversy
- @cbouzy
- Exclusive: Based on our internal data, we estimate 877,000 Twitter accounts were deactivated, and a further 497,000 were suspended between October 27 and November 1. That's more than double the usual number. https://www.technologyreview.com/ ...
- @charles_gaba
- Twitter had around ~238M active users in June, so losing ~1.4M accounts is roughly 0.6%. Of course they also gained some accounts over the past week as well, so... https://www.google.com/... https://twitter.com/...
- TechCrunch
- Substack announces Chat, an opt-in feature letting writers host discussions with their subscribers, available in the Substack iOS app and coming soon to Android
- On Substack
- Oliver Bateman Does the Work
- Search Engine Journal
- Numeric Citizen Substack
- @ericnewcomer
- @niubi
- @hamishmckenzie
- @hamishmckenzie
- @substackinc
- @yoda
- @heidibriones
- See also Mediagazer
- On Substack
- Introducing Substack Chat
- Oliver Bateman Does the Work
- Do the work of chatting on the Substack app
- Search Engine Journal
- Substack Sets Its Sights On Twitter With New Chat Feature
- Numeric Citizen Substack
- Join my new subscriber chat
- @ericnewcomer
- Newsletters are cults! https://twitter.com/...
- @niubi
- Sinocism was one of the first beta testers, a very interesting and evolving product with a lot of potential https://open.substack.com/...
- @hamishmckenzie
- Chat with your mind on. https://twitter.com/...
- @hamishmckenzie
- Your own private social network where you make the rules. https://open.substack.com/...
- @substackinc
- We designed Chat so it's simple and fun to use. Writers set the topic and the tone for every discussion and can turn the feature on or off at any time. Read the Chat FAQ: https://on.substack.com/... https://twitter.com/...
- @yoda
- a16z on a16z crime https://twitter.com/...
- @heidibriones
- The idea is that you can curate your own community from your subscribers. Something Twitter should've done a lot time ago, IMO. They're trying with “Circles” but this seems to make more sense. https://on.substack.com/p/chat
- See also Mediagazer
- Forbes
- Police and other sources say Block's Cash App has become a primary payment tool for adult and children sex traffickers due to lax monitoring and user ID rules
- @iblametom
- @forbes
- @iblametom
- @elizableu
- @forbes
- @kimcrayton1
- @iblametom
- @alexrkonrad
- @iblametom
- NEW - An investigation into Block Inc - the company that makes @jack worth $4 billion. Its $700m monster Cash App has a gnarly problem with sex trafficking. Built on 100s of pages of court docs, interviews w/ current/former employees, police, nonprofits. https://www.forbes.com/...
- @forbes
- One major issue is that Block isn't taking part in collaborative efforts to fight this crime, as rivals like PayPal are. It has never submitted a tip on child exploitation to the relevant authority - NCMEC - despite the clear problems on its platform. https://www.forbes.com/...
- @iblametom
- - Current Block employee says issues raised around the lack of checks on Cash App for Teens and sex trafficking. Leadership ignored, they said. No direct response on that from Cash App. https://www.forbes.com/...
- @elizableu
- You'd have to go after any and all currency/good/service/gift used for human trafficking to make this argument stick, including the US dollar. For Sex Traffickers, Jack Dorsey's Cash App Is ‘King’ https://www.forbes.com/...
- @forbes
- This story is built on 100s of pages of court docs, interviews w/ current/former employees, police, and nonprofits that work with the government to fight child exploitation and trafficking. https://www.forbes.com/...
- @kimcrayton1
- Tech is not neutral nor apolitical... https://twitter.com/...
- @iblametom
- In Arizona, between 2016-2021, there were 480,000 sex ads where Cash App was listed as a form of payment, nearly double that of rival Venmo at 260,000. Ex-Arizona AG investigator told me Block is taking increasingly long to respond to court orders. https://www.forbes.com/...
- @alexrkonrad
- Wall Street Journal
- Ericsson's Vonage agrees to pay $100M to settle FTC allegations about creating obstacles to canceling internet-based phone services and charging unexpected fees
- Federal Trade Commission
- The Verge
- PYMNTS.com
- @ftc
- @linakhanftc
- @matthewstoller
- Federal Trade Commission
- FTC Action Against Vonage Results in $100 Million to Customers Trapped by Illegal Dark Patterns and Junk Fees When Trying to Cancel Service
- The Verge
- Vonage to pay $100 million to settle ‘junk fee’ allegations
- PYMNTS.com
- Vonage to Pay $100M Settlement in FTC Subscription Fee Lawsuit
- @ftc
- FTC action against Vonage results in $100 million to customers trapped by illegal dark patterns and junk fees when trying to cancel service. Vonage will be required to provide a simple way to cancel: https://www.ftc.gov/...
- @linakhanftc
- 1. @FTC has taken action against Vonage, a home-phone services company, for charging junk fees and trapping customers into unwanted subscriptions. We're requiring Vonage to simplify its cancellation process and pay $100 million. https://www.wsj.com/...
- @matthewstoller
- The FTC just forced Vonage to pay $100 million for disconnecting customers and businesses when they try to cancel their phone service (and lying and continuing to charge them). Lina Khan continues to impose her woke critical theory Marxist agenda. https://www.ftc.gov/...
- TechCrunch
- Ajit Mohan, the head of Meta India who joined the company in January 2019, has left to become the president of Snap's Asia Pacific business
- Bloomberg
- The Economic Times
- PYMNTS.com
- Adweek
- @madhavchanchani
- @chandrarsrikant
- @chandrarsrikant
- Bloomberg
- Meta's India Chief Quits To Become Snap's Asia-Pacific President
- The Economic Times
- Google-Facebook ad duopoly continues; Ajit Mohan quits Meta to join Snap
- PYMNTS.com
- Snap Hires Meta Veteran Ajit Mohan as President of APAC
- Adweek
- Snap Taps Ajit Mohan as President, Asia-Pacific Region
- Ajit Mohan's Post
- @madhavchanchani
- This is a very interesting move from a much larger to a smaller social platform Meta's Facebook and Instagram have over 400 million and 200 million active users in India From such a large platform to move to Snap, which has just about 100 million https://twitter.com/...
- @chandrarsrikant
- Manish Chopra, director and head of partnerships will lead Meta India for now https://twitter.com/...
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- Sources tell Moneycontrol the exit was sudden and the employees are in a state of shock. Ajit Mohan's next move is not known as yet. https://www.moneycontrol.com/ ...
- TechCrunch
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- Patreon Blog
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- TechRadar
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- @juliangutman
- 1/6 Today we're launching @Patreon video, a different vision for video on the internet: https://blog.patreon.com/...
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- Bloomberg
- Preqin: Chinese VC deals fell 44% YoY to $62.1B from January to October 2022, of which $7.9B went to semiconductor companies, up 24% YoY from $6.3B in 2021
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- @twitterdev
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- We're currently hard at work to make Twitter better for everyone, including developers! We've decided to cancel the #Chirp developer conference while we build some things that we're excited to share with you soon.
- Wired
- A look at what Elon Musk might do with Twitter's Bluesky “federated social network”; CEO Jay Graber tweeted on October 27 she is “very glad we're independent”
- @arcalinea
- @arcalinea
- Very curious to see where Elon is going to take Twitter. Very glad we're independent — will keep working on building protocols that make social more resilient to rapid change. Nobody can buy “email” as a platform, and that's a good thing.
- TechCrunch
- WhatsApp launches Communities, a structured discussion group feature for of up to 1,024 people, in testing since August 2022, worldwide over the next few months
- MacRumors
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- IT PRO
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- MacRumors
- WhatsApp Now Supports 32-Person Video Chats, Communities Feature Goes Global
- Engadget
- WhatsApp's new Communities feature aims to bring related group chats together
- Social Media Today
- WhatsApp Launches Communities to Maximize Topic-Based Discovery and Engagement
- Android Central
- WhatsApp Communities starts rolling out to users globally
- iThinkDifferent
- WhatsApp rolls out Communities globally, adds support for 32-person video calls to platform
- IT PRO
- WhatsApp Communities to unify workplace group chats, expand functionality
- MobileSyrup
- WhatsApp rolls out Communities, 32-person video calls, 1,024 user groups and more
- Mark Zuckerberg
- Today we're launching Communities on WhatsApp.
- Welcome to Communities 👋 Now admins can bring related groups together in one place to keep conversations organized. Organized. Private. Connected 🤝 https://twitter.com/...
- @venkatananth
- whatsapp is the new discord? https://techcrunch.com/...
- @sub8u
- Whatsapp is launching Communities, a la Facebook groups for up to 1,024 users! Given Whatsapp's overt reliance on your phone no, and fact that your privacy is a function of your least tech-literate ‘contact with your phone number’, this will be fun! https://techcrunch.com/...
- Decrypt
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- @sandeepnailwal
- See also Mediagazer
- Engadget
- Meta will allow creators to sell NFTs directly on Instagram
- Meta
- Introducing New Tools for Creators to Build Businesses on Facebook and Instagram
- Axios
- Instagram jumps into NFTs with minting and selling feature
- Tech.co
- Meta Has Just Made It Easier For Creators to Make Money
- Ethereum World News
- Instagram Announces Its Own NFT Marketplace
- Cryptopolitan
- Meta selects Polygon to mint digital collectables on Instagram
- Metaversal
- Instagram adds NFT toolkit 📱
- Blockworks
- Meta Pins Web3 Hopes on Instagram Creators Minting NFTs
- Adweek
- Meta Details Several New Features at Its Creator Week 2022
- PYMNTS.com
- Metaverse Alliance Seeks Interoperability Standards as Meta Shareholders Rage
- CoinGape
- Here's Why Polygon Price Rally Is Set For Another 8% Jump
- Redmond Pie
- Meta Details NFT And Other Changes Coming To Facebook And Instagram
- Bitcoinist.com
- Why Meta Launched A NFT Minting Feature On Instagram
- The Daily Hodl
- Meta Announces New Product Allowing Creators To Build Instagram NFTs on Polygon (MATIC)
- Hacker Noon
- 🎮 NFTs are Coming to Instagram
- @meta
- Soon you'll be able to make and sell #NFTs on @instagram, starting with @0xPolygon. You can also now connect to @solana and Phantom wallet, and see information about @opensea collection: https://about.fb.com/... Comment your #NFT below 👇 https://twitter.com/...
- @0xpolygon
- .@Meta has selected @0xpolygon for minting digital collectables 🧑🎨 For the 1st time ever, @Meta is empowering creators to mint & sell @0xpolygon powered digital collectibles on & off @instagram 🙌🏿 https://twitter.com/...
- @sandeepnailwal
- .@instagram influencers, creators, users you can now mint your NFTs. Previously you could “only display” your NFTs from 4 different blockchains, now you can “mint”. Minting is only on @0xPolygon Bringing the world to #Ethereum https://twitter.com/...
- See also Mediagazer
- Mediagazer
- memeorandum
- WeSmirch
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- Twitter is working on “Paid DMs”
- @kurtwagner8
- NEW: Elon Musk plans to eliminate ~3,700 jobs at Twitter on Friday. About half the staff. He also plans to end the “work from anywhere” policy... story w/ @EdLudlow https://twitter.com/...
- @rmac18
- We saw internal docs with more insight into the new Twitter Blue: -Launch on Nov. 7 but only in current markets (US, CA, Aus, NZ) -Check marks for subscribers, no current ID authentication -Some features announced by Musk won't be ready -Euro launch soon https://www.nytimes.com/... https://twitter.com/...
- @esthercrawford
- When your team is pushing round the clock to make deadlines sometimes you #SleepWhereYouWork https://twitter.com/...
- @ariehkovler
- Ohhh. This is bad. The new Twitter blue badge won't actually verify your identity at all. You just pay the money and they give you the tick. It's a scammers' charter. https://twitter.com/...
- @mikeisaac
- a few things: everything inside of twtr right now is fluid (and insane) so it's unclear what will launch the paid dms product seems like a way to give revenue to creators or celebs, like Post Malone as a mock-up example seems tough to do without annoying them but maybe opt-in
- @tomcoates
- This stuff is literally why the verification badge was created - so that the public on twitter would not be confused about whether people or organizations or politicians were really who they claimed to be, and wouldn't put themselves at risk.
- @clarajeffery
- “Mr. Musk and his advisers have discussed adding paid direct messages — which would let users send private messages to high-profile users ” sounds like a super efficient way to get celebrities to abandon your platform! https://www.nytimes.com/...
- @goldman
- If you were the head of product for a small startup and announced that your product strategy was “Make Money” you should be fired. It's not a product strategy and without one to inform the revenue plan, you are lost. https://www.nytimes.com/... https://twitter.com/...
- @dlind
- Note that what Musk has publicly described as a “public figure” designation is only for government officials. The idea that “public figure” would apply to journalists—the exact class that Musk's folks think of MOST pejoratively as “blue checks”—never struck me as super plausible. https://twitter.com/...
- @pt
- So far this is like a caricature of an unimaginative hostile takeover by a management team looking to strip mine a business. I hope week two will be some ideas for cool new products. https://twitter.com/...
- @ibd_ecarson
- Sending private spam to top Tweeters? https://twitter.com/...
- @gwillowwilson
- No ID requirements for a blue check. Just your credit card details. https://twitter.com/...
- @leahmcelrath
- So Elon Mush is planning to roll out these changes that will essentially delegitimize verified account identities on THE DAY BEFORE MIDTERM ELECTIONS. Purposeful or not, that creates a situation for bad actors to spread even more misinformation than usual at a critical time. ⚠️ https://twitter.com/...
- @modernistwitch
- disinformation network is go https://twitter.com/...
- @parkerortolani
- Is Twitter just gonna become OnlyFans? They already have the same brand colors! https://twitter.com/...
- @nameshiv
- this idea is the gift that just keeps giving- you may have thought it was a shoddy, uncreative trite plan with no real rhyme or reason to it but it's actually even less well thought out than that https://twitter.com/...
- @kenbensinger
- So basically Cameo but in reverse? I look forward to paying paying money to send a video of myself to Rudy Giuliani or the Tiger King lady? @MikeIsaac @RMac18 https://www.nytimes.com/... https://twitter.com/...
- @laurenwilliams
- Opening up blue checks to anyone with $8, with no ID verification, the day before Election Day, is a choice. https://twitter.com/...
- @mattgertz
- Soooo you'll be able to set up an account with a check mark spoofing a candidate? On Election Day? https://twitter.com/...
- @matthewbevan
- Also, he wants to allow users to pay him to send DMs to famous people, thereby guaranteeing the famous people will leave the platform. So he wants to turn Twitter into Reddit, basically. https://twitter.com/...
- @radiofreetom
- This is just the dumbest thing, and amounts to an 8 dollar fee for a check mark that will verify nothing except being a sucker. https://twitter.com/...
- @sheeraf
- No ID verification and they want to launch the day before the midterms... cool, cool. https://twitter.com/...
- @firstadopter
- You literally can't make this stuff up. Verified in name only as we all expected “Subscribers would not need their identities authenticated to get the check mark, the documents suggested.” via @MikeIsaac https://www.nytimes.com/... https://twitter.com/...
- @rmac18
- @MikeIsaac ... “Hi Mr. Postie, can you tell me why you think Revolver was The Beatles' best studio album? https://www.nytimes.com/... https://twitter.com/...
- @ryanlcooper
- “last year Twitter had less than $1 billion in cash flow, partly because of a one-time charge, meaning it generated less money than what it now owes its lenders annually. The company was also unprofitable for eight of the last 10 years.” https://www.nytimes.com/...
- @adamparkhomenko
- Musk plans to sell verified badges with “no ID authentication” the day before the US Election. https://twitter.com/...
- @mmasnick
- @MikeIsaac @RMac18 FWIW, the “pay to DM someone idea” seems like one of the better ideas I've heard from them, so long as it's set up similar to the current “super follows” (which is getting a name change). If the focus is on ways for fans to support creators, could be cool for some.
- @dantwany
- Just need to add crypto to paid direct messages and can call it https://earn.com/ https://twitter.com/...
- @brianmcc
- Ok. Can't resist. Going back to 2009-10 when I first went to CES and gave out my twitter handle instead of my email, PROFESSIONAL COMMUNICATIONS! Yo... Twitter could have owned this... https://www.techmeme.com/...
- @nickconfessore
- This seems like it would turn a feature intended to limit impersonation into a feature that would encourage it. https://twitter.com/...
- @hankgreen
- See, I was like, “I don't think that verifying people's identities will actually help that much with Twitter's content problems,” but maybe that was too much credit and they aren't going to verify the new verified uses at all. https://twitter.com/...
- @karaswisher
- No ID verification? You are kidding me. They have to do that if stopping bots is the actual goal. Otherwise, a scam, like Hershel Walker's police badge, except stupider? Let's hope this is more than that. https://twitter.com/... https://twitter.com/...
- @ruchowdh
- @willoremus
- @sbkcrn
- @oneunderscore__
- @maxkennerly
- @caseynewton
- @carnage4life
- @caseynewton
- @karaswisher
- @pandemona
- @goldman
- @caseynewton
- @caseynewton
- @lizzadwoskin
- @hunterwalk
- @carnage4life
- @ericajoy
- @ackocher
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- @fmanjoo
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- @harryh
- @bborrman
- @billmckibben
- @danprimack
- @faizsays
- @ruchowdh
- Has it already started? Happy layoff eve! https://twitter.com/...
- @willoremus
- Here's the first official communication from Twitter's new leadership to its staff, a week after Musk took over: a fun game where you get to find out if you're laid off or not based by 9am tomorrow, based on whether the email pops up in your Twitter account or personal account. https://twitter.com/...
- @sbkcrn
- Looks like I'm unemployed y'all. Just got remotely logged out of my work laptop and removed from Slack. #OneTeam forever. Loved you all so much. So sad it had to end this way 💔
- @oneunderscore__
- Employees in Twitter just got an email from their bosses saying layoffs are coming tomorrow. Those who are staying will get a note tomorrow in their work email. Those who are let go will get an email sent to their personal address. Slot machine-style layoffs.
- @maxkennerly
- It appears Elon Musk has fired the director of software engineering at Twitter who, with a team of researchers, found “Tweets posted by accounts from the political right receive more algorithmic amplification than the political left.” 🤔 https://blog.twitter.com/... https://twitter.com/... https://twitter.com/...
- @caseynewton
- According to the email went out to employees at 5:21P PT: everyone affected will receive an email by 9AM PST Friday. 😞 https://t.co/am0atONQeP
- @carnage4life
- If the rumors are true that this will affect 50% of the company, I can't see how this isn't disruptive to the site since there's no way they could have figured out all the essential versus inessential people in a week.
- @caseynewton
- Also worth noting: the email that just went out to every Twitter employee is unsigned. Whatever is about to happen, Elon is not putting his name on it.
- @karaswisher
- Heard from six Twitter folks who were laid off so far. All really sharp and talented. Zero suck ups. I get there need to be some layoffs right now across tech. But so it goes here in part because someone had to overpay egregiously. https://twitter.com/...
- @pandemona
- my heart goes out to all the tweeps tonight. if you are a tweep or ever were a tweep, there's something that will always bind us together. godspeed on the next adventure, wherever it may lead you. 💙🫡
- @goldman
- I guess this is all part of the singular solution. https://twitter.com/...
- @caseynewton
- Tweeps are just hanging out in Slack saying nice things to each other until their access is cut off. I've never seen anything like it. Some really incredible people leaving Twitter tonight. We are all worse off without them there
- @caseynewton
- Twitter employees get endless shit, but the ones I knew — they worked hard, their work mattered, and they never stopped trying. Not until the moment their screens went blank
- @lizzadwoskin
- I've been covering this space, & Twitter, for nearly a decade. Twitter employees have their flaws. But to fire so many at once with no notice, no info about severance, no clear rationale, not even a word to people— there's just such a calibrated coldness about that
- @hunterwalk
- which former Twitter CEO will be the first to offer a tweet of empathy to the folks being let go the field is wide open so far!
- @carnage4life
- Twitter employees have started getting logged out of systems and removed from Slack. Thanks for all you've done working on this app. You all deserved better. 💙 https://twitter.com/...
- @ericajoy
- this is so foul. they couldn't even wait until the 9am email to start locking people out. https://twitter.com/...
- @ackocher
- Sounds like @twitter layoffs are rolling out already and anyone let go is having their access to everything pulled before they are personally informed. Might not be unusual (I don't know) but feels painful for people who invested their careers in the company. https://twitter.com/...
- @oneunderscore__
- Some employees I'm hearing from at Twitter are desperate to get laid off and get severance. The work culture there is beyond toxic. Some are afraid to push back against Elon because they don't want to risk getting fired for cause — disagreeing with Elon — and losing severance.
- @fmanjoo
- 1) love how the email is from “Twitter” 2) a more honest message would be “this action is unfortunately necessary because we now have to pay for debt servicing instead of workers” https://twitter.com/...
- @caseynewton
- In Slack, dozens of employees are posting the 🫡 emoji as a possible farewell. Anticipating the loss of half their colleagues, some have begun calling Friday “The Snap” and posting Thanos memes.
- @harryh
- Real leaders sign important emails with their name on the bottom. Saw some folks do that today and other folks.....not.
- @bborrman
- Couldn't even let people try to sleep tonight. https://twitter.com/...
- @billmckibben
- I guess we better hope self-driving Twitter works better than self-driving Teslas https://www.washingtonpost.com/ ...
- @danprimack
- Reminder: There is no good way to fire thousands of people, particularly in the remote work era. There are some particularly callous ways, and some more generous ways (see Stripe today), but in general it's a horrible experience for all involved — no matter the intentions.
- @faizsays
- For employees, this begins an anxious wait to find out their job status — potentially stretching 24 hours. Employees will receive an email with the subject line “Your Role at Twitter:” If retained, it'll go to work account If let go, it'll go to personal https://www.washingtonpost.com/ ...
- @mattnavarra
- @niubi
- @caseynewton
- @hunterwalk
- @martinsfp
- @mcwm
- @ryneismean
- @adrierising
- @mattnavarra
- Twitter looks set to shut down its newsletter platform and 4-month old Twitter Notes is on indefinite pause https://www.platformer.news/ ...
- @niubi
- Inside Twitter's product roadmap under Musk, by @CaseyNewton https://open.substack.com/... “A new Vine camera is in. Notes and Revue are out”. Another giant throws in the towel on newsletters
- @caseynewton
- Some Twitter news as we wait for layoffs to hit: - Its Revue newsletter product will be sunset by end of year - ‘Notes’ longform writing product is on indefinite ‘pause’ - Details on the Vine reboot Subscribe to read ➡️ https://www.platformer.news/ ...
- @hunterwalk
- @CaseyNewton WHOA! casey did they notify all the Revue users yet???? . . . or are they planning on making those 12 phone calls over the coming weeks
- @martinsfp
- Looks like we left Revue just in time, @MattNavarra - it's closing down by the end of the year, along with the new Notes feature 😬 https://www.platformer.news/ ...
- @mcwm
- aw man I'm sorry to my 102 subscribers https://twitter.com/...
- @ryneismean
- If they gut the content moderation team while releasing a video product....lmaoooo https://twitter.com/...
- @adrierising
- monetizing individual tweets without longer form content to supplement it lmao he's such a jackass https://twitter.com/...
- @iboudreau
- @mattsheffield
- @lgbtqfc
- @iboudreau
- Man, this site is just straight up not going to work. Forget the eight bucks https://twitter.com/...
- @mattsheffield
- Looks like someone is trying to service his acquisition debt. But tbh if they're using Amazon services, dropping that overpriced stuff would easily help. It's astounding to me that so many companies remain on S3 and other Amazon services that offer such poor value. https://twitter.com/...
- @lgbtqfc
- Starting to think he genuinely did buy the company in order to destroy it? https://www.reuters.com/...
- @lisabloom
- @elizabeth_joh
- @evan_gocats
- @josheidelson
- @karaswisher
- @lisabloom
- Hey Twitter employees getting laid off tomorrow! IMPORTANT INFO from a CA employment attorney (me): CA's “WARN” law requires Twitter to give you 60 days notice of a massive layoff. A layoff of 50+ employees within a 30 day period qualifies. I know you didn't get that notice.
- @elizabeth_joh
- Twitter lawsuit filed: “The lawsuit asks the court to issue an order requiring Twitter to obey the WARN Act, and restricting the company from soliciting employees to sign documents that could give up their right to participate in litigation” https://www.bloomberg.com/...
- @evan_gocats
- This seems frivolous. Mass layoffs in WARN states occur without notice regularly. They just keep you on the payroll and pay you not to work for however long they're required. I feel horrendous for the employees. Getting laid off is among the worst things to ever go through https://twitter.com/...
- @josheidelson
- Scoop: Twitter was just sued in a proposed class action for conducting a mass layoff without the required 60 day notice https://www.bloomberg.com/...
- @karaswisher
- As expected @LisaBloom has entered the room. (WARN is a thing, for those who will try to say it is not — have covered this layoff aspect before many times and it can get thorny fast for companies) https://twitter.com/...
- @willoremus
- @willoremus
- @willoremus
- @willoremus
- @loriamontgomery
- @jesselehrich
- @katies
- @marketurbanism
- @willoremus
- @kurtwagner8
- @minhtngo
- @stonekettle
- @damianpaletta
- @issielapowsky
- @edludlow
- @davetroy
- @schwarz
- @kyliebytes
- @mmasnick
- @chetfaliszek
- @mmasnick
- @msshanitarenee
- @willoremus
- Since taking over a week ago, Musk has not even officially told his new staff that he is in charge. Or that he fired their CEO and other top leaders. Staff have to follow his tweets to learn about major changes in company direction. “We're all working for the Trump White House.” https://twitter.com/...
- @willoremus
- Inside Elon Musk's “free speech” Twitter, a culture of secrecy and fear has taken hold. Managers and employees have been muzzled, Slack channels have gone dark, and workers are turning to anonymous gossip apps to find out basic info about their jobs. https://t.co/Mn21Ko9CqM
- @willoremus
- On Oct. 26, Twitter's head of people emailed staff that Elon was visiting the office, and that they'd all hear from him directly the next day. Musk took over that night and fired the C-Suite. Staff have not heard from him, or anyone in leadership, since. https://t.co/Mn21Koaagk https://t.co/bRTAHo3kEw
- @willoremus
- UPDATE: Twitter's chief accounting officer is rumored to have been “walked out” of the building and his Slack appears deactivated, a day after he was thanked by workers for a Slack post sharing long-awaited details about the stock payouts they're owed. https://www.washingtonpost.com/ ... https://twitter.com/...
- @loriamontgomery
- NEW via @WillOremus —> “We're all working for the Trump White House”: Under Musk, Twitter is mired in chaos and fear, as workers brace for tweets announcing bewildering new policies — and layoffs. https://www.washingtonpost.com/ ...
- @jesselehrich
- Elon is set to fire 3700 employees + force the rest to work from the office ~80 hrs/wk — and hasn't bothered to communicate a single thing to staff since he took over. https://www.washingtonpost.com/ ... https://twitter.com/...
- @katies
- “Communicate fearlessly to build trust” was one of the best core values at Twitter. https://twitter.com/...
- @marketurbanism
- In March, Twitter's CEO committed to remote work. Today we're learning that there's no such thing as a credible commitment to remote work. Workers - choose your place of residence accordingly. https://twitter.com/...
- @willoremus
- Current Twitter employees can't say anything to the boss but former Twitter employees are out here avenging the best way they know how https://t.co/kxfeQBr1Fy
- @kurtwagner8
- Not surprising but Elon is quickly eliminating the work-lifestyle perks at Twitter. “Days of rest” are out. Eliminating “Work from anywhere” is next. https://twitter.com/...
- @minhtngo
- “'We're all working for the Trump White House,' the worker said, comparing the atmosphere to Donald Trump's administration, where tweets from the president announcing policies that hadn't been discussed internally could come at any time.” https://www.washingtonpost.com/ ...
- @stonekettle
- Outside Twitter too. https://twitter.com/...
- @damianpaletta
- Amazing details in this @WillOremus piece of the culture of silence, fear and management mishaps spreading inside Twitter. https://www.washingtonpost.com/ ...
- @issielapowsky
- “Another Twitter employee was able to view a group on Slack, the workplace chat tool, in which company administrators appeared to be finalizing the precise number of workers to be laid off, and how much they'd receive in severance.” Brutal. https://twitter.com/...
- @edludlow
- NEW: Musk Eliminates ‘Days of Rest’ From Twitter Employee Calendars Along with plans to cancel Twitter's remote work policies, Musk is replicating playbooks from $TSLA and SpaceX. Story with @KurtWagner8 https://www.bloomberg.com/...
- @davetroy
- Going from “ongoing business concern” to “global information warfare apparatus” is going to necessarily be a rocky transition. Don't want pesky employees getting in the way of “the event.” https://twitter.com/...
- @schwarz
- One reason I think Elon Musk will succeed with Twitter is that smart, talented people respond well to management by fear and secrecy https://www.washingtonpost.com/ ... by @WillOremus
- @kyliebytes
- I have to be honest, it's deeply depressing to watch Twitter employees work over the weekend and sleep in the office to push out impossible deliverables that not one user wants, get zero internal comms, only to hear through the media thaf half of them are about to get laid off.
- @mmasnick
- ‘Free speech’ champion Elon Musk has never been a fan of free speech within his own companies. https://t.co/kunxET2xjR
- @chetfaliszek
- No As someone who has crunched. Who has done 36 hour days No Musk does not respect you, he exploits you.If he respected you he would have come in with a plan, not vague tweets asking people what they will pay for You are not working for a greater good, you are being exploited https://twitter.com/...
- @mmasnick
- Wow. I hadn't even realized that there's been no internal announcement on any of this. That's... dreadful leadership. https://twitter.com/...
- @msshanitarenee
- This is awful. Not only do I personally know some dope folks who work for Twitter, but I know the pain of an unexpected income loss. I hope they all land in a much better space. This would be a great time to relaunch BlackPlanet. https://twitter.com/...
- @patrickcoffee
- @jason_kint
- @lopezlinette
- @techwontsaveus
- @dalitdiva
- @danprimack
- @rfsquared
- @fpwellman
- @gregbensinger
- @gerritd
- @patrickcoffee
- “Mr. Musk participated in a video call with WPP...& some of its clients such as Coca-Cola Co., Unilever and Google. Mr. Musk stressed that Twitter would be a safe place for brands, promising to rid the platform of bots and add community-management tools” https://www.wsj.com/...
- @jason_kint
- total own goal by Musk that will take significant work and time to regain trust of brands and their agencies who are accountable for them. More brands and likely publishers soon, too. https://www.wsj.com/...
- @lopezlinette
- Just in time for an economic slowdown. An easy line item to cross off. Some might call it a “no brainer.” https://twitter.com/...
- @techwontsaveus
- “Food company General Mills, Oreo maker Mondelez International, Pfizer, and Volkswagen AG's Audi are among a growing list of brands that have temporarily paused their Twitter advertising in the wake of the takeover of the company by Elon Musk.” https://www.wsj.com/...
- @dalitdiva
- Dropping this right here so that @elonmusk can see how important safety is for twitter's bottom line. https://www.wsj.com/...
- @danprimack
- More big advertisers pause Twitter spend. https://www.wsj.com/... (this is all of much greater financial consequence than blue checks... could have been mitigated by having content moderation group in place when Elon took over... or at least by now).
- @rfsquared
- . @pfizer doesn't need to pay for ads on here. @DrCaliff_FDA is doing it for them for free. https://twitter.com/...
- @fpwellman
- Told ya. Nobody wants screenshots of their brands next to hate, racism, and antisemitism. — General Mills, Audi, Mondelez and Pfizer join a growing list of companies pausing Twitter advertising https://www.wsj.com/...
- @gregbensinger
- Not conducive to servicing that debt https://www.wsj.com/...
- @gerritd
- Musk pitched advertisers on a PG-rated version of Twitter. Not sure what that means for regular Twitter... https://www.wsj.com/... https://twitter.com/...
- @thedomino
- @gergelyorosz
- @lesliejosephs
- @conorjrogers
- @thedomino
- Today's jobs related headlines (ahead of tmrw's big jobs report) - Amazon pauses hiring for corporate workforce - Stripe lays off 14% of workers - Lyft cuts 13% of workforce - Morgan Stanley to start layoffs in coming weeks
- @gergelyorosz
- Full email that Amazon sent out today: https://www.aboutamazon.com/ ... This makes all the largest public tech companies in various states of hiring freezes (Amazon, Apple, Google, Microsoft, Meta): https://blog.pragmaticengineer.com/ ...
- @lesliejosephs
- Slower growth, aircraft for replacement and now, the office chill. @annierpalmer on Amazon's corp workforce pause. $AMZN https://www.cnbc.com/...
- @conorjrogers
- Oh fun! We're doing that thing where we all say there's gonna be a recession and then companies go do things that cause one. Great work everyone. https://twitter.com/...
- @modestproposal1
- @izakaminska
- @jessicalessin
- @preetika_rana
- @davemcclure
- @modestproposal1
- The right message even if a suspect messenger. Companies that react will be disadvantaged. “We need 2023 to be a period where we can better execute without having to change plans in response to external events — and the tough reality is that today's actions set us up to do that” https://twitter.com/...
- @izakaminska
- Uber's gain is Lyft's loss? In an inflationary high-interest rate environment it's going to be increasingly tougher to sustain low profitability or cash burn businesses. https://www.wsj.com/...
- @jessicalessin
- 12% to 14% seems to be the magic number for layoffs. - Stripe - Chime - Lyft https://www.theinformation.com/ ...
- @preetika_rana
- SCOOP: Lyft is cutting 13% of staff, or about 700 jobs, marking the second round of layoffs in recent months. My latest w/ the incredible @EmilyGlazer https://www.wsj.com/...
- @davemcclure
- ok so now that Facebook, Stripe, Twitter, Lyft, etc are all making cutbacks this week — expect every other private company that hasn't announced layoffs to do so in next 30d / before the holidays. #TheCurrentThing... is laying off at least 10-30% of your workforce.
- @mikeisaac
- @gergelyorosz
- @kateclarktweets
- @markdistef
- @librariancap
- @kr00ney
- @yashar
- @carnage4life
- @cee_pain
- @levie
- @alexrkonrad
- @nmasc_
- @mdudas
- @buccocapital
- @kvlly
- @ricburton
- @gergelyorosz
- @sue_bohn
- @copyconstruct
- @irreverentmike
- @adrianweckler
- @makispoke
- @eladgil
- @izakaminska
- @cavandy
- @kateclarktweets
- @film_girl
- @stop
- @asolove
- @shaneoleary1
- @paulcolgan
- @ow
- @mikeisaac
- @humanworkplace
- @om
- @carlquintanilla
- @mcwm
- @kateclarktweets
- @liron
- @chastaylor
- @markdistef
- @suzanbond
- @brandur
- @gergelyorosz
- @madhavchanchani
- @carnage4life
- @makispoke
- @micsolana
- @sts_news
- @tylerdinucci
- @bdsams
- @margaretomara
- @semil
- @decryptlyfe
- @mikeisaac
- also i think these two mistakes are true of most tech companies i can think of after the first six-nine months of the pandemic — recall a lot of “everything is online forever” thinking https://twitter.com/...
- @gergelyorosz
- Stripe laid off 14% of their team, informed people about an hour ago. 14 weeks of severance, they pay out 2022 bonus, accelerated RSU vesting, career + immigration support. A very interesting comparison: Adyen, Stripe's competitor is massively profitable, has no layoff risks.
- @kateclarktweets
- Stripe cuts 14% of staff: https://t.co/gmgG308PSS https://t.co/y3liQ3F3c7
- @markdistef
- New: Hearing that Stripe, one of the top private tech companies, has told staff there's a significant round of redundancies coming. One source says as many as 14% of the workforce affected.
- @librariancap
- Stripe reportedly cutting 14% of its headcount “Many of our competitors have had to pull back ... because they lose money every quarter & the capital that they needed to get placement as well as to continue to grow has been at least taken away for now” $PYPL CEO, Sep-22 GS conf. https://twitter.com/... https://twitter.com/...
- @kr00ney
- More fintech cost-cutting: Stripe plans to lay off 14% of workers “We were too optimistic about the internet economy's near-term growth in 2022 and 2023 and underestimated both the likelihood and impact of a broader slowdown.” https://www.cnbc.com/... https://twitter.com/...
- @yashar
- Stripe is laying off 14% of its workforce. Layoffs always suck but as far as layoff notices go, this email from co-founders @patrickc and @collision is about as empathetic as a corporate email can get. https://stripe.com/... https://twitter.com/...
- @carnage4life
- Stripe announces 14% layoffs this morning. It's one of the better layoff packages I've seen - 14 weeks severance - 2022 bonus + unused PTO will be paid - stipend for 6 months of healthcare - accelerated RSU vesting - immigration support for those on visas https://stripe.com/...
- @cee_pain
- Man .. many of these companies were overvalued and ramped up crazy during the past 4-5 years *BUT* this 2023 retraction/recession is starting to look nasty. https://twitter.com/...
- @levie
- Tech is going through an important phase of getting more efficient. Companies can't burn cash forever, and irrational spending hurts the entire sector as it inflates costs unsustainably. This is a healthy shift.
- @alexrkonrad
- Stripe announced it's laying off 14% of staff, or more than 1,000 people. @JeffKauflin and I had previously reported the company was looking to reduce headcount without a formal layoff. Evidently, such a cut wasn't going to go deep enough. https://www.forbes.com/...
- @nmasc_
- this is key i kind of take back that the cadence of layoffs might be slowing (even though that's what data shows). this forbes story on Stripe is a good reminder how there's more subtle ways to cut staff until The Big Reduction happens. https://twitter.com/...
- @mdudas
- “@Stripe's employee base more than doubled over the past two years. As of last month, it had more than 8,000 employees, and the new cuts bring it slightly below 7,000, the same staff size it had in February 2022.” https://www.forbes.com/...
- @buccocapital
- There's a different world here where Stripe goes public at peak fintech valuations, has a massive cash reserve, and doesn't *have to* lay off 15% of staff Still a head scratcher to me why they didn't IPO. Can't imagine employees love that decision, and less so today
- @kvlly
- I wouldn't say any company has zero layoff risk. We're in a very unpredictable macroeconomic environment that can take a turn none of us saw coming. We're also still very much coming down from the “glory days” of 2021 hiring. My heart goes out to those impacted by Stripe's RIF. https://twitter.com/...
- @ricburton
- I really admire the way the Collisons have built Stripe over the years Now they are setting a new bar for how to let people go humanely & talk about resizing candidly https://twitter.com/... https://twitter.com/...
- @gergelyorosz
- Stripe posted the message they sent to employees: https://stripe.com/... It's hard avoid comparisons to Adyen, which processes a similar volume to Stripe, but employs ~half the people than Stripe, in lower cost regions (Europe, mostly). Which is a better positioned business?
- @sue_bohn
- I am excited to announce @AzureAD Certificate-Based Authentication (CBA) on mobile. Now customers can work anywhere on their mobile devices. @Yubico is our first partner on this journey and we are partnering with other hardware security key vendors. https://techcommunity.microsoft.com/ ...
- @copyconstruct
- As always, Stripe is a cut above the rest when it comes to execution, including layoffs. - leadership accepts blame (whoa, this must be a first) - support with immigration for laid off employees - alumni email Having an alumni email address is something every company should do. https://twitter.com/...
- @irreverentmike
- 🚨 I was laid off from my job at Stripe this morning. I will always look back on my time at Stripe DevRel fondly. Time to unwind and decompress. If you are a newly-former Stripe, DM or email hello@mikebifulco.com. I'll do whatever I can to help you find your next job.
- @adrianweckler
- Stripe to cut 14pc of workforce (>1,000 jobs). Patrick Collison tells staff in memo: - “we overhired” - “[we were] much too optimistic about the internet economy's near-term growth in 2022 and 2023.” No word yet on Dublin office. https://www.independent.ie/...
- @makispoke
- Stripe's exit package for folks affected by the layoffs. https://twitter.com/...
- @eladgil
- Environment is only going to get tougher for private tech in 2023 Hard work to be done, but Stripe going to emerge stronger than ever. Incredibly bullish on their future 💪 Good time for other companies to focus on what 2023 means for them https://www.bloomberg.com/...
- @izakaminska
- Another example of how profitable established models will win out to non-profitable high growth models in an inflationary high-interest economy https://www.cnbc.com/...
- @cavandy
- spends 1.5 pages talking about how other ppl are telling them the world's changing (we see you Larry) but then states their recent Q signed 75% more custs YOY, record transactions this does not look like a biz that's slowing but sure, prematurely clip your wings I guess? #stripe https://twitter.com/... https://twitter.com/...
- @kateclarktweets
- “In making these changes, you might reasonably wonder whether Stripe's leadership made some errors of judgment. We'd go further than that. In our view, we made two very consequential mistakes.” https://twitter.com/...
- @film_girl
- Heart goes out to the Stripe team. There is not a good way to do a layoff, but there are bad ways. From what I can see so far, this is at least not a bad way. Let me know if I can signal boost anyone. Love and hugs.
- @stop
- Layoffs at any company are difficult. But if they need to happen, ideally the company handles them in such a transparent, apologetic, and dignified way as Stripe is doing for its employees being let go today. https://stripe.com/...
- @asolove
- Hugs to Stripe folks today. Let me know if I can make intros, write recommendations, or try to hire you.
- @shaneoleary1
- Between Shopify & Stripe, the theme of ‘we hired too much post covid because we thought the e-commerce boom would continue to accelerate’ is a pretty consistent one. https://twitter.com/...
- @paulcolgan
- Bad 24 hours on the tech front. Stripe to let over 1,000 go - worries in Dublin. Musk reportedly set to halve the Twitter workforce - impact on European HQ in Dublin unclear. Added to concerns about Intel.
- @ow
- Tough morning. I am still here, however we lost many *incredibly* talented people today that I was lucky to work with 💔. If you're hiring you should snap them up quick, these are some of the brightest, most impactful people in the industry. https://stripe.com/...
- @mikeisaac
- this is a pretty “good” letter (inasmuch as any layoffs letter like this can be) to stripe employees with actual insight into why cuts to the biz are coming — feels like a real window into macroeconomic trends and how they're hitting tech in general https://stripe.com/...
- @humanworkplace
- If you have to lay people off, this is the way to do it https://stripe.com/...
- @om
- This is a very good way to communicate with your company when facing a tough time, layoffs and in general emotional upheaval. Take note, other startups. @stripe @patrickc https://stripe.com/...
- @carlquintanilla
- “.. reduced investment budgets, sparser startup funding. .. We think that 2022 represents the beginning of a different economic climate.” #Stripe https://twitter.com/...
- @mcwm
- Can you imagine the panic employees felt after receiving this email and the next 15 minutes of their life https://twitter.com/...
- @kateclarktweets
- Stripe is cutting 14% of staff, which will return it to a headcount of about 7,000, and is “firmly reining in all other sources of cost.” https://stripe.com/...
- @liron
- Every company needs a valve to smoothly lay off 14% of staff every few years. That this is happening is a great sign that the US is still economically and culturally the best home for businesses. https://t.co/nqVOOkgAXp
- @chastaylor
- No word yet on how many people might lose their jobs in Dublin as Stripe announces plans to cut 1,000 jobs https://www.businesspost.ie/ ...
- @markdistef
- The air is coming out of the e-commerce balloon. https://twitter.com/...
- @suzanbond
- Layoffs are always difficult and hard to handle well. That said, Stripe did a good job. The founders were transparent and took responsibility for mistakes. They were also thorough and mindful on how to minimize the impact of those affected. https://stripe.com/...
- @brandur
- Stripe's prime competency isn't payments, engineering, or product — it's PR, and always was. I look on in reluctant admiration at how even layoffs are executed about as masterfully as is possible. Sorry to anyone who got hit. This sucks.
- @gergelyorosz
- I want to call out that all things considered, the way Stripe is doing layoffs set a new bar. 1. Generous severance and more support than most places give. 2. Transparent on WHY this happened and the mistakes leadership made 3. alumni. stripe. com email addresses created.
- @madhavchanchani
- Big! Online payments giant Stripe is laying off roughly 14% of its staff Cuts are a result of operating costs growing too quickly, and leadership misjudged how much the internet economy would continue to grow, CEO Patrick Collison wrote in a memo https://www.cnbc.com/...
- @carnage4life
- Stripe leadership deserves all the flowers for acknowledging that like lots of e-commerce related companies they overhired during the COVID boom and now need to address that mistake. There are tech companies who've made similar mistakes that haven't owned up and changed course. https://twitter.com/...
- @makispoke
- it's a brutal week in tech. 14% layoffs at Stripe. 12% layoffs at Chime. 50% layoffs at Twitter with removal of WFH with a sadistic new boss expecting minimum 80 hour work weeks. hang in there everyone! 💙 https://twitter.com/...
- @micsolana
- layoffs at coinbase, robinhood, lyft, meta, stripe (!!) — good people at good companies. really alarming macro story unfolding, somewhat drown out in the twitter drama. anyone even remotely keyed into the economy is bracing for a long winter.
- @sts_news
- Daaaaaaamn. Wild. We should expect a lot more. And as a friend put it, “Stripe is actually a useful product.” So what will happen with all of the unprofitable crap that is not useful (which let's face it, is a lot of it). https://twitter.com/...
- @tylerdinucci
- Compare that to Elon's layoff email, where he didn't even sign his name at the end. https://twitter.com/...
- @bdsams
- A bit of self-fulfilling prophecy going on with layoffs: Expectations: A recession is coming, companies making cuts. These cuts impact consumer spending/confidence, accelerating expectations of recession. Last month - private job sector growth outpaced expectations https://twitter.com/...
- @margaretomara
- “we're very sorry to be taking this step and John and I are fully responsible for the decisions leading up to it” — this indeed good and all too rare https://twitter.com/...
- @semil
- Stripe's '22 has seen a valuation markdown, layoffs, and an IPO indefinitely delayed. There hasn't been a private company as revered as Stripe since Facebook. Everyone's bracing for rough days ahead, but looking at Stripe as a lighthouse example, it drives it home even more.
- @decryptlyfe
- Hi all Unfortunately Stripe has decided to reduce HC including my role. I have over 25yrs of exp in Information Security, with specialties in Insider Risk, Beyondcorp/Zero Trust and Vuln Management. Open to remote roles or in Los Angeles.
- @b1ockgreg
- @crypto
- @fintechfrank
- @b1ockgreg
- 1/ Not looking good for Coinbase. Coinbase's ~$6.9bn debt outstanding traded at ~60 cents on the dollar this morning, with some bonds trading below ~60 cents — falling close, if not into distressed territory #COIN #coinbase https://twitter.com/...
- @crypto
- BREAKING: Coinbase, the largest US crypto exchange, posted a narrower loss and said revenue fell for a third consecutive quarter in its latest earnings report https://www.bloomberg.com/... https://twitter.com/...
- @fintechfrank
- “As of the end of the quarter, roughly 25% of the 100 largest hedge funds in the world by reported assets under management have chosen to onboard with Coinbase.” ~ COIN Q3 earnings report The institutions are coming?
- @chancehmiller
- @chancehmiller
- Tap to Pay on iPhone support is cool, but PayPal _finally_ adding Apple Pay support for purchases + its credit/debit/Venmo cards is great. https://twitter.com/...
- @openai
- @gdb
- @om
- @openai
- We've just launched the DALL·E API so developers can integrate DALL·E directly into their own apps and products. https://openai.com/...
- @gdb
- DALL-E API now live: https://openai.com/... https://twitter.com/...
- @om
- So much of OpenAI latest moves around visual/generative AI is being reactive to @StableDiffusion & the attention/momentum it has been getting. Nevertheless it is good to see the whole ecosystem have a Cambrian moment. https://twitter.com/...
- @alexadevs
- @jp2e
- @stshank
- @caro_milanesi
- @smartthingsbeat
- @alexadevs
- As a founding member and key contributor, we're excited about the launch of Matter. Get a view of our Matter launch plans, new collaborations, and how we're getting it right for customers by prioritizing quality. Learn more: https://developer.amazon.com/ ... https://twitter.com/...
- @jp2e
- Amazon is taking a slow-but-steady approach to rolling out Matter to its over 100 million Echo devices in the wild. https://www.theverge.com/... https://twitter.com/...
- @stshank
- I'm encouraged by Matter progress. Smart-home tech is a huge pain to set up: download app, find device, set up network, hook into Google/Amazon/Apple app... Even Apple is on board: “Apple Home isn't just about HomeKit anymore,” the company said. https://t.co/1uDSgmqdHc
- @caro_milanesi
- Great to see that through #Matter customers will be able to control their devices with @alexa99 or @smartthings without having to set them up on each platform individually https://developer.amazon.com/ ...
- @smartthingsbeat
- “Amazon also announced a collaboration with Samsung SmartThings that will make it easy to set up Matter devices on one platform and port them to the other without having to set them up again. This is similar to the collaboration with Google that Samsung announced last month” https://twitter.com/...
- @joinmastodon
- @baekdal
- @joinmastodon
- The number of people who switched over to #Mastodon in the last week alone has surpassed 230 thousand, along with many returning to old accounts bumping the network to over 655 thousand active users, highest it's ever been! Why? 👉 https://twitter.com/...
- @baekdal
- It's going to take a long time before they get close to Twitter (if ever) https://twitter.com/...
- @isaacstonefish
- @lukolejnik
- @niubi
- @isaacstonefish
- TikTok just acknowledged to European users that it can share their data with the Chinese government. This is a massive admission, and a key to a puzzle. To understand why, it's important to understand CCP influence in Chinese companies (thread). https://www.theguardian.com/ ...
- @lukolejnik
- TikTok updating its privacy policy, clarifying that it can transfer European (EU+UK+Switzerland+etc) users data to China. https://www.theguardian.com/ ... https://newsroom.tiktok.com/ ... https://twitter.com/...
- @niubi
- TikTok tells European users its staff in China get access to their data https://www.theguardian.com/ ... confused, I thought tiktok said this wasn't possible?
- @jonahlupton
- @jonahlupton
- Just sent out my writeup on $TWLO (no position) https://jonahlupton.substack.com/ ... $TWLO is down 83% from early 2021 when it was trading at 32x NTM EV/Sales; now it's trading at 3x NTM EV/Sales despite 48% annualized revenue growth from 2020 to 2022. $TWLO reports Q3 earnings on Thursday. https://twitter.com/...
- @juliammccarthy
- @seangraf
- @ryannewyork
- @ryannewyork
- @juliammccarthy
- @stephaniealai
- @juliammccarthy
- #hotgirlsvote in the new york freaking times!!!!! 🤠 https://www.nytimes.com/... https://twitter.com/...
- @seangraf
- In a September poll by The New York Times/Siena College, just 30 percent of young voters said they were “almost certain” they would vote in the midterm elections. Campaigns Pay Influencers to Carry Their Messages, Skirting Political Ad Rules https://www.nytimes.com/...
- @ryannewyork
- “Mr. Hougland said People First had worked with about 10,000 influencers this election cycle to cover seven congressional races and about a dozen other advocacy and state-level campaigns.” https://peoplefirst.cc/
- @ryannewyork
- “@PeopleFirst_cc a liberal-leaning firm that specializes in partnership with influencers, found in one study that 43 percent of people surveyed trusted influencers more than political campaigns themselves, said Curtis Hougland, the company's CEO. https://www.nytimes.com/...
- @juliammccarthy
- Our athlete ambassador program and Hot Girls Vote have been two of the most impactful (and FUN) campaigns to run at @NextGenAmerica, and I am so honored to have them spotlighted in the @nytimes. https://www.nytimes.com/... https://twitter.com/...
- @stephaniealai
- Away with the yard signs, Gen-Z is using dating apps and TikTok to show their political support, and political campaigns are increasingly turning to them. It's cost-effective and hyper-targeted. And it's a novel practice with largely no federal guidance. https://www.nytimes.com/...
- @cbouzy
- @charles_gaba
- @cbouzy
- Exclusive: Based on our internal data, we estimate 877,000 Twitter accounts were deactivated, and a further 497,000 were suspended between October 27 and November 1. That's more than double the usual number. https://www.technologyreview.com/ ...
- @charles_gaba
- Twitter had around ~238M active users in June, so losing ~1.4M accounts is roughly 0.6%. Of course they also gained some accounts over the past week as well, so... https://www.google.com/... https://twitter.com/...
- @ericnewcomer
- @niubi
- @hamishmckenzie
- @hamishmckenzie
- @substackinc
- @yoda
- @heidibriones
- @ericnewcomer
- Newsletters are cults! https://twitter.com/...
- @niubi
- Sinocism was one of the first beta testers, a very interesting and evolving product with a lot of potential https://open.substack.com/...
- @hamishmckenzie
- Chat with your mind on. https://twitter.com/...
- @hamishmckenzie
- Your own private social network where you make the rules. https://open.substack.com/...
- @substackinc
- We designed Chat so it's simple and fun to use. Writers set the topic and the tone for every discussion and can turn the feature on or off at any time. Read the Chat FAQ: https://on.substack.com/... https://twitter.com/...
- @yoda
- a16z on a16z crime https://twitter.com/...
- @heidibriones
- The idea is that you can curate your own community from your subscribers. Something Twitter should've done a lot time ago, IMO. They're trying with “Circles” but this seems to make more sense. https://on.substack.com/p/chat
- @iblametom
- @forbes
- @iblametom
- @elizableu
- @forbes
- @kimcrayton1
- @iblametom
- @alexrkonrad
- @iblametom
- NEW - An investigation into Block Inc - the company that makes @jack worth $4 billion. Its $700m monster Cash App has a gnarly problem with sex trafficking. Built on 100s of pages of court docs, interviews w/ current/former employees, police, nonprofits. https://www.forbes.com/...
- @forbes
- One major issue is that Block isn't taking part in collaborative efforts to fight this crime, as rivals like PayPal are. It has never submitted a tip on child exploitation to the relevant authority - NCMEC - despite the clear problems on its platform. https://www.forbes.com/...
- @iblametom
- - Current Block employee says issues raised around the lack of checks on Cash App for Teens and sex trafficking. Leadership ignored, they said. No direct response on that from Cash App. https://www.forbes.com/...
- @elizableu
- You'd have to go after any and all currency/good/service/gift used for human trafficking to make this argument stick, including the US dollar. For Sex Traffickers, Jack Dorsey's Cash App Is ‘King’ https://www.forbes.com/...
- @forbes
- This story is built on 100s of pages of court docs, interviews w/ current/former employees, police, and nonprofits that work with the government to fight child exploitation and trafficking. https://www.forbes.com/...
- @kimcrayton1
- Tech is not neutral nor apolitical... https://twitter.com/...
- @iblametom
- In Arizona, between 2016-2021, there were 480,000 sex ads where Cash App was listed as a form of payment, nearly double that of rival Venmo at 260,000. Ex-Arizona AG investigator told me Block is taking increasingly long to respond to court orders. https://www.forbes.com/...
- @alexrkonrad
- @ftc
- @linakhanftc
- @matthewstoller
- @ftc
- FTC action against Vonage results in $100 million to customers trapped by illegal dark patterns and junk fees when trying to cancel service. Vonage will be required to provide a simple way to cancel: https://www.ftc.gov/...
- @linakhanftc
- 1. @FTC has taken action against Vonage, a home-phone services company, for charging junk fees and trapping customers into unwanted subscriptions. We're requiring Vonage to simplify its cancellation process and pay $100 million. https://www.wsj.com/...
- @matthewstoller
- The FTC just forced Vonage to pay $100 million for disconnecting customers and businesses when they try to cancel their phone service (and lying and continuing to charge them). Lina Khan continues to impose her woke critical theory Marxist agenda. https://www.ftc.gov/...
- @madhavchanchani
- @chandrarsrikant
- @chandrarsrikant
- @madhavchanchani
- This is a very interesting move from a much larger to a smaller social platform Meta's Facebook and Instagram have over 400 million and 200 million active users in India From such a large platform to move to Snap, which has just about 100 million https://twitter.com/...
- @chandrarsrikant
- Manish Chopra, director and head of partnerships will lead Meta India for now https://twitter.com/...
- @chandrarsrikant
- Sources tell Moneycontrol the exit was sudden and the employees are in a state of shock. Ajit Mohan's next move is not known as yet. https://www.moneycontrol.com/ ...
- @juliangutman
- @juliangutman
- 1/6 Today we're launching @Patreon video, a different vision for video on the internet: https://blog.patreon.com/...
- @twitterdev
- @twitterdev
- We're currently hard at work to make Twitter better for everyone, including developers! We've decided to cancel the #Chirp developer conference while we build some things that we're excited to share with you soon.
- @arcalinea
- @arcalinea
- Very curious to see where Elon is going to take Twitter. Very glad we're independent — will keep working on building protocols that make social more resilient to rapid change. Nobody can buy “email” as a platform, and that's a good thing.
- @venkatananth
- @sub8u
- Welcome to Communities 👋 Now admins can bring related groups together in one place to keep conversations organized. Organized. Private. Connected 🤝 https://twitter.com/...
- @venkatananth
- whatsapp is the new discord? https://techcrunch.com/...
- @sub8u
- Whatsapp is launching Communities, a la Facebook groups for up to 1,024 users! Given Whatsapp's overt reliance on your phone no, and fact that your privacy is a function of your least tech-literate ‘contact with your phone number’, this will be fun! https://techcrunch.com/...
- @meta
- @0xpolygon
- @sandeepnailwal
- @meta
- Soon you'll be able to make and sell #NFTs on @instagram, starting with @0xPolygon. You can also now connect to @solana and Phantom wallet, and see information about @opensea collection: https://about.fb.com/... Comment your #NFT below 👇 https://twitter.com/...
- @0xpolygon
- .@Meta has selected @0xpolygon for minting digital collectables 🧑🎨 For the 1st time ever, @Meta is empowering creators to mint & sell @0xpolygon powered digital collectibles on & off @instagram 🙌🏿 https://twitter.com/...
- @sandeepnailwal
- .@instagram influencers, creators, users you can now mint your NFTs. Previously you could “only display” your NFTs from 4 different blockchains, now you can “mint”. Minting is only on @0xPolygon Bringing the world to #Ethereum https://twitter.com/...
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