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Tech Brew Ride Home

Mon. 11/14 – Paging Jonah Hill For The SBF Movie

Tech Brew Ride Home

Amalgamated Internets, LLC

Tech News, News, Technology

4.71K Ratings

🗓️ 14 November 2022

⏱️ 22 minutes

🧾️ Download transcript

Summary

Twitter still lives, at least at the time of this writing. But thousands more contractors have been laid off. CZ wants to start a fund to save crypto projects. Paging Jonah Hill to play SBF in the movie that Michael Lewis is shopping around Hollywood. Meta is exiting the Portal business. And a big review of the Meta Quest Pro is just downright befuddling. Sponsors: LadderLife.com/ride Storyblok.com/ridehome Links: Twitter reportedly cut thousands of contractors without warning (The Verge) SpaceX just bought a big ad campaign on Twitter for Starlink (CNBC) Binance Starts Recovery Fund for Crypto Projects Facing Liquidity Crisis (CoinDesk) Exclusive: Jeff Bezos says he will give most of his money to charity (CNN Business) Nearly half of Meta job cuts were in tech, reorg underway - execs say (Reuters) Meta Quest Pro review: get me out of here (The Verge) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Welcome to the Tech Name Ride Home for Monday, November 14th, 2022. I'm Brian McCullough today.

0:09.0

Twitter still lives, at least at the time of this writing, but thousands more contractors have been laid off.

0:14.6

CZ wants to start a fund to save crypto projects, Paging Jonah Hill to play SBF in the movie that Michael

0:20.9

Lewis is shopping around Hollywood.

0:23.0

Meta is exiting the portal business and a big review of the Meta Quest Pro

0:28.0

is just downright befuddling.

0:29.8

Here's what you missed today in the world of tech.

0:37.8

So Twitter survived the weekend, which at this point, I mean that's kind of where we're at.

0:40.6

That doesn't mean there wasn't chaos though.

0:42.6

Twitter apparently cut around 4,400 of its 5,500 contract staff back on November 12th,

0:50.0

which is expected to significantly impact content moderation and core infrastructure.

0:55.2

Quoting the verge.

0:57.0

The job cuts follow layoffs that called about half of Twitter's workforce and slash 15%

1:01.4

of its trust and safety team.

1:03.2

Platformer first reported about the mass firings on Saturday night,

1:06.6

which spanned both US-based and global employees

1:09.3

working in content moderation, real estate, marketing,

1:12.0

engineering, and other departments.

1:13.8

Twitter reportedly failed to notify managers of these job cuts as well, who didn't realize

1:18.5

their colleagues had been terminated until after seeing that their accounts have been deactivated in Twitter's system.

1:25.0

According to an internal email sent to contractors and obtained by Insider, which Insider says

1:30.0

Contractors didn't receive until after they'd learn they'd been locked out of their accounts.

...

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