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☆ Twitter says 50% of staff laid off, moves to reassure on content moderation
▼ + stars: | 2022-11-05 | by ( Sheila Dang | ) www.reuters.com time to read: +1 min

REUTERS/Nathan FrandinoNov 4 (Reuters) - Twitter has laid off 50% of its employees, the company's head of safety and integrity said on Friday in a tweet, while saying that the social media platform's content moderation capabilities remained in place. The tweet by safety and integrity head Yoel Roth moved to reassure users and advertisers following the company's takeover by billionaire Elon Musk. Roth said 15% of Twitter's employees on the trust and safety team, which is responsible for preventing the spread of misinformation and harmful content, were laid off. Company-wide, the layoffs affected 50% of employees, he added, which was the first confirmation from Twitter about the size of the layoffs. "Again, to be crystal clear, Twitter’s strong commitment to content moderation remains absolutely unchanged," Musk tweeted shortly after Roth's own tweet.

Twitter's chief of safety and integrity on Monday night confirmed a news report saying that the company froze some employee access to internal tools used for content moderation after billionaire Elon Musk took over. Bloomberg, citing unnamed people familiar with the matter, reported that employees still had access to content moderation tools to crack down on "high-impact violations" that would involve "real-world harm." Musk backed Roth’s statement, delivering him a public vote of confidence at a particularly crucial moment for the company’s moderation effort. Twitter's new approach to content moderation also looms over the 2024 presidential contest and former President Donald Trump's possible bid for the Republican nomination. Trump frequently violated the company's policies before he was barred from the platform two days after the Jan. 6, 2021, riot at the U.S. Capitol.

☆ The 6 best business books of the year examine Silicon Valley, Chinese tech giants and even murder
▼ + stars: | 2022-09-25 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +5 min

If you're looking for your next absorbing and informative business-centric read, then the Financial Times has you covered with the newly unveiled shortlist for the publication's 2022 Business Book of the Year Award. On Thursday, the Financial Times announced six finalists for this year's award, all of them published between Nov. 16, 2021 and Nov. 15 of this year. The Financial Times review calls the book "in part a well-written, well-paced thriller. In "Influence Empire," Bloomberg tech reporter Lulu Chen uses insider interviews to track Tencent's rise to become a nearly $360 billion company. His latest book, "The Power Law," looks at the role venture capitalists have played in shaping Silicon Valley and the tech industry overall.

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