Sources: Mark Zuckerberg told staff layoffs will begin tomorrow, he is accountable for Meta’s missteps, and his overoptimism about growth led to overstaffing (Wall Street Journal)

Eleanor Cummins / Wired:
Holding platforms accountable for algorithms promoting self-harm is hard because research linking mental health and social media doesn’t establish causation  —  A British court ruled that teenager Molly Russell died in part because of online content—but holding platforms accountable is complicated.

Meta:
Mark Zuckerberg says Meta plans to lay off 13% of its staff, or 11,000+ employees, and will cut discretionary spending and extend its hiring freeze through Q1  —  Mark Zuckerberg just shared the following with Meta employees:  —  Today I’m sharing some of the most difficult changes we’ve made in Meta’s history.

South China Morning Post:
Inside Zhengzhou’s “iPhone City” lockdown, where China’s zero COVID-19 policy, related propaganda and fears, and Foxconn’s missteps led to the worker riots  —  In a widely cited anecdote about the power of the Chinese workforce, a manager at an iPhone factory was once able …

Bloomberg:
Sources: SoftBank begins laying off Vision Fund employees, with cuts expected to impact over 100 people, or 20%+ of its staff, following massive losses  —  SoftBank Group Corp. has started laying off employees at its loss-making Vision Fund, with cuts expected to exceed 20% of its staff, according to people familiar with the matter.

Wall Street Journal:
Sources: Alameda CEO Caroline Ellison told staff on November 9 that she, SBF, and two FTX executives were aware that FTX lent its customers’ money to Alameda  —  Trading firm Alameda’s troubles helped lead to the bankruptcy of crypto exchange FTX  —  Alameda Research’s chief executive …

The Verge:
Hundreds of Twitter employees post farewell messages and salute emojis in Slack and tweets, announcing their resignations after Elon Musk’s “hardcore” ultimatum  —  Musk gave Twitter staff a deadline to say if they are staying for his cultural reset of the company.