Source: Twitter abruptly fired around 50 engineers and warned dozens more on the evening before Thanksgiving; some were told their “code is not satisfactory” (Zoë Schiffer/@zoeschiffer)

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 …

Taylor Hatmaker / TechCrunch:
In a Senate committee hearing, Meta, YouTube, TikTok, and Twitter execs defended their platforms and dodged questions about security, privacy, and moderation  —  Executives from four of the biggest social media companies testified before the Senate Homeland Security Committee Wednesday …

Ingrid Lunden / TechCrunch:
Boston- and London-based Zoe, a nutrition and health tracking app, raised £25M led by Accomplice at a £209M valuation, after closing a £48M Series B in May 2021  —  Zoe, a startup founded by doctors and researchers out of London and Boston, made its name during the pandemic …

Bloomberg:
Sources: Twitter is asking dozens of laid-off staff to return, after realizing some are needed for building prioritized features and some were sacked by mistake  —  Twitter Inc., after laying off roughly half the company on Friday following Elon Musk’s $44 billion acquisition …

Paul Sawers / TechCrunch:
Twitter seems to have disabled Spaces, its live audio service, after Musk joined and then abruptly left a group conversation that included suspended journalists  —  Twitter has apparently pulled its Spaces group audio feature, at least temporarily, after Elon Musk joined a group conversation …

Bloomberg:
Sources: Elon Musk asked Tesla engineers to meet with Twitter product leaders to review code, which Twitter can no longer change until the deal closes  —  Elon Musk asked engineers from Tesla Inc., the electric-car maker he runs, to meet with product leaders at Twitter Inc. …