Advertiser exodus expected to deeply impact X ad revenue, analysis indicates

Even before major brands like Apple, Disney and IBM paused their ad spending on X in the wake of Elon Musk’s endorsement of an antisemitic post, the company formerly known as Twitter had seen its revenues severely impacted by brand safety concerns. According to an October forecast from Inside

Apple, Disney, Comcast among X advertisers pausing spending after Musk endorsed antisemitic post

After X owner Elon Musk amplified antisemitic conspiracy theories on the platform, numerous high-profile advertisers have paused their spending on the platform formerly known as Twitter. Since Friday, per various news reports, the following advertisers have paused their spending on X advertisement

OpenAI fires CEO Sam Altman, Airbnb acquires GamePlanner.AI, and Epic battles Google over antitrust

"">Howdy, folks, and welcome to Week in Review (WiR), technewss's newsletter that recaps the major tech industry happenings over the past week (or so). Microsoft’s Ignite conference, where the tech giant pitched its vision of a “copilot”-powered future, flooded the channels mi

Backlash builds after Elon Musk called an antisemitic conspiracy theory the ‘actual truth’

Elon Musk has encouraged extremists and white supremacists throughout his yearlong tenure as the owner of X, formerly Twitter, but this week he still managed to push the limits of what behavior mainstream users — and advertisers — will tolerate. On Wednesday, Musk endorsed a post from an X user

Twitch launches Privacy Center to educate users about their personal data

In the name of transparency and accessibility, Twitch launched its new Privacy Center to educate users, after conducting “extensive research” and finding that many of its users had no idea how their personal data is collected and used. The Privacy Center, which launched on Thursday, is

X is leaving up antisemitic and Islamophobic hate, new report shows

In the midst of escalating conflict in the Middle East, X is failing to moderate hate speech on its platform that promotes antisemitic conspiracies, praises Hitler and dehumanizes Muslims and Palestinians. In new research, the Center for Countering Digital Hate (CCDH), a nonprofit that researches o

Amazon Games will close its Crown channel on Twitch and cut 180 jobs

Amazon announced another cluster of layoffs this week along with plans to discontinue the Crown channel, a flashy Amazon-run Twitch channel that featured television-like programming. Amazon will also shutter its Game Growth group, which helped creators in the gaming world market themselves. In a le

TikTok disputes claims of anti-Israel bias amid calls to ban the app

TikTok is pushing back against claims of bias in the Israel-Hamas war, after American politicians resumed efforts to ban the app over the apparent popularity of pro-Palestinian content. In a recent open letter, Senator Josh Hawley (R-MO) said that the influx of content critical of Israel could R

Instagram brings Close Friends feature to the main feed

Instagram’s Close Friends feature is expanding. Previously, users could share stories with a select group of people, rather than all of their followers, but now, users can also share main feed posts and reels exclusively to their Close Friends. Before sharing a post or reel, users can tap an

X says 325K posts and 375K accounts ‘actioned’ over Israel-Hamas war violations

X, the social platform formerly known as Twitter, has been facing waves of criticism over how it has, under owner Elon Musk, grappled with issues of trust and safety, and specifically how well it handled content moderation and taking down malicious or harmful posts and accounts. Today, the company,

Pebble, a startup that tried and failed to take on Twitter, finds new life on Mastodon

Pebble, a startup that took on Twitter and failed, has returned from the dead — as a Mastodon instance, it seems. The company announced last month that it was shutting down its Twitter/X alternative citing the increasingly competitive landscape, X’s ability to retain users and its own f

Meta and Snap latest to get EU request for info on child safety, as bloc shoots for ‘unprecedented’ transparency

Meta and Snap are the latest tech firms to get formal requests for information (RFI) from the European Commission about the steps they’re taking to safeguard minors on their platforms in line with requirements set out in the bloc’s Digital Services Act (DSA). Yesterday the Commission se

Tumblr to run on skeleton crew as parent company Automattic absorbs staff

According to a leaked memo, Tumblr’s longterm financial woes have reached a breaking point. Aside from a skeleton crew of essential workers in departments like trust and safety, the majority of Tumblr's 139 workers will be reassigned to other products at parent company Automattic, which e

LGBTQ suicide prevention org the Trevor Project is leaving Elon Musk’s X for good

One of the most prominent LGBTQ organizations in the U.S. will close its account on X, formerly Twitter. The Trevor Project announced Thursday that it has decided to end its presence on the platform in light of “increasing hate and vitriol” targeting the queer community on X, which Elon