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October 3, 2021, 11:15 PM
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| CBS News: |
In a 60 Minutes interview, the Facebook Files whistleblower says the company is misleading the public on progress against hate speech, misinformation, more — Frances Haugen says in her time with Facebook she saw, “conflicts of interest between what was good for the public and what was good for Facebook.”
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| Mike Isaac / New York Times: |
Prior to the 60 Minutes interview, Nick Clegg posted an internal memo saying the whistleblower would accuse Facebook of relaxing election safeguards too soon — In an internal memo, Facebook defended itself and said that social media was not a primary cause of polarization. — Read in app
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| Jeff Horwitz / Wall Street Journal: |
Ex-Facebook PM Frances Haugen comes forward as a key source behind Facebook Files, says she became increasingly alarmed by how profits came before public safety — The former Facebook employee says her goal is to help prompt change at the social-media giant
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The Guardian, Washington Post, CNN, rfob.medium.com, Protocol, Axios, NBC News, Politico, and Financial Times
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| Tim Higgins / Wall Street Journal: |
Analysis: Apple's operating profits from games in FY 2019 totaled $8.5B, $2B more than the combined profits of Sony, Activision, Nintendo, and Microsoft — CEO Tim Cook quietly turned the iPhone company into a superpower in the videogame business. Now he's fighting rivals in a multiplayer universe.| Chance Miller / 9to5Mac: |
Gurman: M1X-powered MacBook Pros with 8 high-performance cores, 2 high-efficiency cores, and 16 or 32 graphics cores, will launch “in the next month” — Now that the iPhone 13 and Apple Watch Series 7 have officially been announced, attention has shifted to Apple's highly …
Source:
Bloomberg. More:
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Tweets: @lukemiani, @samifathi_, @stroughtonsmith, and @rustybrick
| Bloomberg: |
A shortage of silicon metal, sparked by China cutting output, has sent prices up 300% in less than two months, impacting production of chips, glass, and more — - Silicon metal output disrupted amid electricity curbs in China — Chemicals firms declare force majeure on silicone products| Sami Fathi / MacRumors: |
Kuo: Apple has canceled plans to release an iPad Air with an OLED display in 2022 due to quality and cost concerns, will still release mini-LED 11" iPad Pro — Apple has canceled its plans to release an updated iPad Air with an OLED display next year due to concerns around quality and costs …
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Tweets: @joe_wrighttt, @briantong, @aapltree, @ethanlipnik, and @apple_tomorrow
| Issie Lapowsky / Protocol: |
Apple and Google could help with child safety online by determining a user's age at device setup and sharing it with apps implementing child safety features — At a moment of almost frightening technological advancement, the tech industry's best defense against children accessing websites … | Chris Metinko / Crunchbase News: |
Analysis: global VC funding for semiconductor startups has reached $3.7B in 2021 so far, up from 2020's record of $3.4B, with US-based startups raising ~$1.7B — Editor's note: This is Mergers & Money, a monthly column by Senior Reporter Chris Metinko that covers dealmaking in the enterprise tech space.
Tweets: @crunchbasenews
| Brandon Katz / Observer: |
A look at Apple's TV+ progress and strategy as it navigates a crowded streaming video market — Why Apple TV+ isn't necessarily competing with Netflix. — Nearly two years after launching Apple TV+ in November of 2019, Apple has remained notoriously secretive about its fledgling streaming service.
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Philip Elmer‑DeWitt. Tweets: @reckless, @nreviewed, @gtinari, @loudmouthjulia, @great_katzby, and @observer
| Nabila Ahmed / Bloomberg: |
Australia-based Cover Genius, a B2B insurance service which counts eBay and Intuit as partners, raises A$100M Series C led by Sompo Holdings at a A$1B valuation — - Investors included G Squared, Japanese insurer Sompo Holdings — Fundraise is among the biggest by an Australian fintech| Xinmei Shen / South China Morning Post: |
China releases its first set of AI ethics guidelines, emphasizing user rights and data control, that align with Beijing's efforts to crack down on Big Tech — China released the country's first set of guidelines on AI ethics, emphasising user rights and data control The guidelines are part …
Tweets: @paula_piccard and @alecolarizi
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