Top News:
Wall Street Journal:
Elon Musk says Twitter suffered “a massive drop in revenue” due to activist groups pressuring advertisers, despite doing “everything” to “appease the activists” — Chief of social-media company cites activist groups pressuring advertisers, as many staffers brace to lose jobs
Discussion:
@elonmusk, @elonmusk, Platformer, @laurenshirsch, New York Times, @loupas, Insider, Bloomberg, Semafor, @erininthemorn, Forbes, @nickstatt, @themaxburns, Grid News, Politico, The Verge, @jamessurowiecki, @bradmossesq, @joshtpm, @robinsonmeyer, @reckless, @karilake, @chadloder, @karaswisher, @nandoodles, @mattblaze, @scottmonty, IGN India, @golub, Washington Post, @emptywheel, @sruhle, @adam_creighton, The Wrap, @laurenshirsch, @ngrossman81, @mattgertz, @mattgertz, @jeffjarvis, @oliverdarcy, @elivalley, @ggreenwald, @elivalley, @evanhill, @scottnover, @bradmossesq, @bgrueskin, The Daily Wire, @loudmouthjulia, @gregstohr, @therickwilson, Variety, @nichcarlson, Al Jazeera, @heerjeet, ABC7, GeekWire, AppleInsider, Engadget, The Drum, Fortune, Raw Story, Bloomberg, New Republic, Reclaim The Net, Deadline, The Guardian, TechCrunch, Rolling Stone, PRWeek, The Daily Beast, The Hill, New York Post, Quartz, The Post Millennial and Boing Boing, more at Techmeme »
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Faiz Siddiqui / Washington Post:
Twitter lays off about half its staff, sending a “Your Role at Twitter” email to their company account for those staying and personal account for those leaving — Employees said the layoffs came across teams, as Twitter broadly reduced its workforce.
Discussion:
@yoyoel, @donmoyn, NBC News, Wall Street Journal, CNN, @parkermolloy, New York Times, New York Magazine, @edzitron, @jonbernhardt, @ashtonpittman, @donie, @mirandadevine, @bradmossesq, @karaswisher, @elonmusk, @oneunderscore__, Insider, The Hill, @sarafischer, The Verge, Engadget, Bloomberg, @byronyork, @rmac18, Rolling Stone, Deadline, Vanity Fair, @jesselehrich, BBC, Awful Announcing, Axios, Timeless & Timely, Quartz, The A.V. Club, ABC7, The Indian Express, al.com, TMZ.com, Raw Story, New York Post, One Man & His Blog, Al Jazeera, ZDNet, Gizmodo, The Daily Wire, Reuters, Insider, Scroll.in, CNET, The Guardian, The Wrap, The Information, Wall Street Journal and The Hollywood Reporter, more at Techmeme »
Paul Farhi / Washington Post:
NBC News retracts an erroneous story about the attack on Paul Pelosi that relied on an unnamed source, saying the story did not meet its standards — People at the network said the ‘Today’ show report was based on ‘unreliable’ information from a source who was unnamed in the story.
Discussion:
TODAY.com, @danpfeiffer, @jonfavs, @keitholbermann, Deadline, @stevekrak, CNN, New York Post, Fox News, The Wrap, The Post Millennial and Decoding Fox News
Brian Morrissey / The Rebooting:
Elon Musk's focus on Twitter Blue is part of a trend in which consumer tech platforms pivot away from advertising to recurring revenue through subscriptions — Tech's marriage of convenience to the ad industry hits the rocks — Request: Please fill out this survey as I think through what a Rebooting membership plan would look like.
Discussion:
New York Times, @zeynep, @apsmunro, @zeynep, @alexgibneyfilm, @heerjeet, @zeynep, @charlesarthur, @jarango, @crampell and Vanity Fair, more at Techmeme »
Rory Carroll / The Guardian:
Lyra, Alison Millar's documentary film about murdered Northern Irish journalist Lyra McKee, is out now in UK and Irish theaters and on Channel 4 next year — An intimate documentary on the writer, who was shot dead at a riot in Derry, is released this week - tracing her impact on those around her and the fury that followed her killing
Jason Guerrasio / Insider:
The US DOJ charges two former MoviePass executives in a securities fraud case for allegedly trying to artificially inflate parent company HMNY's stock price — - Lowe and Farnsworth have been charged in a securities fraud case by the Department of Justice.
Discussion:
U.S. Department of Justice, The Wrap, @tomgara, @godsewa, @mattdpearce, @nickstatt, @susanthesquark, @matt_levine, @pattymo, @embryethan, @mohammedmiah_91, @bobbybigwheel, Engadget, @jbarro, @mattzeitlin, @bendreyfuss, Deadline, Variety, CNET, CNBC, Financial Times, The Verge and IndieWire
Alex Sherman / CNBC:
Sources: Shonda Rhimes is among several creators telling Netflix that midroll ads disrupt storytelling; Netflix doesn't plan to share ad revenue with creators — - Shonda Rhimes, the high-powered producer behind “Bridgerton,” is among creators who have told Netflix they feel midroll advertising disrupts …
Discussion:
The A.V. Club, @lindaholmes, @nicoleanell, @sherman4949, Insider, @mgsiegler, @taylorbuley and Adweek
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Jay Peters / The Verge:
Hands-on with Netflix's Basic with Ads: most shows have pre-roll ads, the number of mid-roll ads is unpredictable, and many popular shows require a higher tier
Discussion:
@sherman4949, @spooloflies, @richlightshed, @sherman4949, IGN India, 9to5Mac, Deadline, Engadget, The Verge, The Verge, Tubefilter, Inverse, 9to5Google, Collider and Forbes
Josh Eidelson / Bloomberg:
US Thomson Reuters journalists represented by the NewsGuild vote to authorize a strike if progress isn't made in contract talks, which resume on November 14 — Thomson Reuters Corp. journalists in the US have authorized their union to call a strike against the media company …
Discussion:
@josheidelson, nyguild.org and Talking Biz News
Bill Toulas / BleepingComputer:
The US DOJ seizes internet domains for Z-Library, a repository that went viral on TikTok for offering 11M+ books, including pirated textbooks, and 84M articles — Internet domains for the popular Z-Library online eBook repository were seized early this morning by the U.S. Department of Justice, preventing easy access to the service.
Discussion:
Fast Company, @wrathsemilia, Sportskeeda, @sillysoups and TorrentFreak
Brian Steinberg / Variety:
Sources: MSNBC decided not to renew its contract with Tiffany Cross, the weekend host of Cross Connection, after executives grew concerned about her commentary — Tiffany Cross, the MSNBC weekend host who was known for running a freewheeling commentary program, is leaving the NBCUniversal-owned cable-news outlet.
Discussion:
@tiffanydcross, Mediaite, The Wrap, Washington Post, REVOLT, @wesleylowery, TheGrio, @kumarraonyc, @marclamonthill, Variety, @ynb, @jamaalbowmanny, @sifill_, @ellenbarkin, The Hill, Forbes, @cjp_still, @ynb, @mayawiley, @dlamontjenkins, @jemelehill, @keitholbermann, @adamserwer, @whstancil, @whstancil, Fox News, @exavierpope, @ksvarnon, @akilahobviously, @sianmorson, @delanosquires, @michaelsmith, @natsechobbyist, @taradublinrocks, @ynb, @deetwocents, Newser, New York Post, TVLine, Barrett Media, The Post Millennial, The Daily Beast, The Daily Wire, The Hollywood Reporter, The Wrap, Los Angeles Times, Fox News, Mediaite and Deadline
Dylan Byers / Puck:
Sources: Chris Licht was asked in October to cut $100M, ~10% of CNN's overall budget; proposals for jobs, shows, and other cuts are now under review — A brutal $100 million financial engineering effort begins at CNN. — When Chris Licht became chairman and chief executive of CNN …
Discussion:
@magills_, @yashar, @dylanbyers and Mediaite
New York Times:
How a Los Angeles police captain helped suppress details of a 2017 police report with sexual assault claims from the 1980s against former CBS CEO Leslie Moonves — A captain in the department, who had moonlighted as a security guard for CBS, disclosed to the network information …
Discussion:
Los Angeles Times, @dennisjromero, @jbflint, @flitteronfraud, @rachelabramsny, Popula, Washington Post, Variety and Los Angeles Times
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