YouTube’s Q3 ad revenue dropped 1.9% YoY to $7.07B, below expectations of $7.42B and marking YouTube’s slowest ad growth in at least two years (Todd Spangler/Variety)

Jon Swartz / MarketWatch:
Alphabet reports Q3 advertising sales of $54.5B, up from $53.1B YoY, missing estimates of $56.6B, and Google Search revenue of $39.5B, up from $37.9B YoY  —  Total Google ad sales miss expectations by more than $2 billion as Alphabet revenue grows at its slowest pace in more than two years

Todd Spangler / Variety:
Netflix plans to stop sharing projected subscriber numbers in its earnings starting in Q4 2022, instead stressing new revenue streams like ads and paid sharing  —  Netflix will no longer share projected subscriber targets in upcoming earnings reports — a closely tracked metric among investors …

Todd Spangler / Variety:
Roku reports Q3 revenue up 12% YoY to $761.4M vs. $694M est., 21.9B streaming hours, and 2.3M streaming accounts added; stock drops 17%+ on weak Q4 guidance  —  Roku handily topped Wall Street estimates for the third quarter of 2022, as the streaming platform and media company packed …

Todd Spangler / Variety:
Elon Musk seeks to reassure Twitter advertisers, arguing his goal is not “to make more money” and the service “cannot become a free-for-all hellscape”  —  Mega-billionaire Elon Musk, nearing the finish line in his rocky takeover of Twitter, posted an open letter …

Todd Spangler / Variety:
A Twitter thread from Matt Taibbi exposes Twitter documents on the internal debate over the handling of content related to NY Post’s Hunter Biden laptop story  —  The new disclosures, touted as “The Twitter Files,” were posted in a lengthy Twitter thread by investigative reporter and author Matt Taibbi (and retweeted by Musk).

Matt Day / Bloomberg:
Research: Amazon Air ran 194 daily cargo flights on average in September 2022, up from 164 in August 2021 and 187 in March 2022, the slowest growth since 2020  —  Amazon.com Inc.’s cargo airline is growing at the slowest pace since the start of the pandemic, the latest sign that the e-commerce giant is adjusting to slackening demand.