In a Senate committee hearing, Meta, YouTube, TikTok, and Twitter execs defended their platforms and dodged questions about security, privacy, and moderation (Taylor Hatmaker/TechCrunch)

Colin Wilhelm / The Block:
The House Financial Services Committee plans a hearing on FTX’s collapse in December and invites Sam Bankman-Fried and other executives  —  – The House Financial Services Committee will hold a hearing on FTX in December.  — In a joint statement announcing the hearing, current Chair Maxine Waters …

Senate.gov:
Live stream of the hearing “Data Security at Risk: Testimony from a Twitter Whistleblower” at the Senate Judiciary Committee  —  Skip to primary navigationSkip to content column-logo Committee on the Judiciary logo HEARINGS LEGISLATION NOMINATIONS LIBRARY PRESS ABOUT HEARINGS Data Security …

Diane Bartz / Reuters:
A US Senate committee votes 15-7 to pass the Journalism Competition and Protection Act letting news organizations band together to negotiate with tech platforms  —  The U.S. Senate Judiciary Committee voted Thursday to approve a bill aimed at allowing news organizations to band together …

Wall Street Journal:
General Mills and Audi paused Twitter ads, and sources say Pfizer and Mondelez have as well, as concern over content moderation grows  —  Advertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s plans for content moderation

Taylor Hatmaker / TechCrunch:
Fake Twitter accounts of athletes and other celebrities, some now suspended, are spreading fake announcements and chaos as paid Blue checkmarks become available  —  Elon Musk’s mercurial leadership and half-baked product plans are already creating fertile ground for confusion on Twitter.

Wall Street Journal:
New US export controls may affect 43+ senior execs at 16 public semiconductor companies in China, forcing them to choose between US citizenship and their jobs  —  At least 43 senior executives working with 16 listed Chinese semiconductor companies hold roles from CEO to vice president