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1:50 PM ET, November 6, 2022

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 Top News: 
Elon Musk / @elonmusk:
RELATED:
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.
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
RELATED:
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
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.
Austin Karp / Sports Business Journal:
Average NFL game viewership through Week 8 is down 5% compared to 2021 due to Amazon's Thursday Night Football games, which average 10.3M viewers, down 16% YoY  —  Viewership of “Thursday Night Football” on Amazon has become a slow drag on the NFL's overall numbers through Week 8 …
Discussion: Awful Announcing
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
Michael M. Grynbaum / New York Times:
A profile of Molly Jong-Fast, who became a liberal media star by amassing 1M Twitter followers and joined Vanity Fair as a special correspondent on November 3  —  She wasn't a political expert.  But her Trump-era angst found a following among Democrats — and even the White House is interested.
Nilay Patel / The Verge:
Q&A with telecom reporter Karl Bode about Gigi Sohn's nomination to the FCC as Comcast and Fox Corp. team up to lobby swing votes in the Senate against her  —  How often do the parent companies of Fox News and MSNBC team up?  —  Today, we're just talking about a problem.
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.
Billy Binion / Reason:
Texas journalist Priscilla Villarreal was jailed for two routine 2017 stories due to a state law; a US court isn't sure her First Amendment rights were violated  —  It has been five years since police in Laredo, Texas, mocked and jeered at Priscilla Villarreal, a local journalist often critical of cops …
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.
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 …
 
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 More News: 
Dawn Chmielewski / Reuters:
Fox wins 10-year right to buy an 18.6% stake for $3.72B in sports betting company FanDuel at a $20B valuation, settling a dispute with majority owner Flutter
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
Bloomberg:
Sources: Apple is building a live TV ad network and talking to ad partners as part of its deal to stream Major League Soccer games starting in February 2023
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
 Earlier Picks: 
Richard J. Tofel / Second Rough Draft:
Institutional investors like the Knight Foundation should give grants directly to news nonprofits rather than going through intermediaries like the INN and LION
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
Alexandra Bruell / Wall Street Journal:
Over 200 employees from 14 Gannett newsrooms are staging a one-day strike to push for better wages and benefits while protesting layoffs and other cost-cutting
 

 
From Techmeme:

Kent Walker / The Keyword:
Google says the DOJ's “wildly overbroad proposal goes miles beyond the Court's decision”, would hurt US consumers, and jeopardize the US' global tech leadership

Daniel Howley / Yahoo Finance:
Nvidia reports Q3 revenue up 94% YoY to $35.1B, vs. $33.2B est., Data Center revenue up 112% YoY to $30.8B, vs. $29B est., and forecasts Q4 revenue above est.

Matt Swayne / The Quantum Insider:
Google Quantum AI and DeepMind researchers debut ML decoder AlphaQubit, which surpasses existing methods in identifying and correcting quantum computing errors

 
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