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October 25, 2021, 10:35 PM
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| Salvador Rodriguez / CNBC: |
Facebook misses on Q3 revenue, $29.01B vs $29.57B expected, and monthly active users, 2.91B vs 2.93B expected, but beat on EPS of $3.22 vs $3.19 expected — - Facebook's third-quarter earning report comes as the company faces an onslaught of stories related to its internal research.
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Protocol, Gizmodo, Bloomberg, NBC News, and Axios
Tweets: @kantrowitz, @mikeisaac, @kantrowitz, @alexeheath, @alex, @alexeheath, @post_market, @stevekovach, and @profcarroll
| Facebook: |
Facebook reports Q3 revenue up 35% YoY to $29.0B, profit of $9.2B, up 17% YoY, DAUs up 6% to 1.93B, headcount up 20% to 68,177, and ups share buybacks by $50B — Third Quarter 2021 Operational and Other Financial Highlights 1 Facebook daily active users (DAUs) - DAUs were 1.93 billion …
More:
PYMNTS.com, Blockworks, Bloomberg, 9to5Mac, The Verge, SiliconANGLE, CoinDesk, and Variety
Tweets: @pearkes and @sherman4949
| Stephanie Condon / ZDNet: |
Facebook says Q3 ad revenue grew 33% YoY to $28.28B but warns of “continued headwinds” in Q4 due to Apple's ATT changes in iOS — The social media giant also expects its “metaverse” investments will reduce operating profits by $10B for FY 2021, as it begins breaking out Facebook Reality Labs as its own business segment
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Facebook, The Verge, AppleInsider, Bloomberg, Yahoo Finance, Wall Street Journal, and Bloomberg
Tweets: @sarafischer, @jason_kint, @eric_seufert, @eric_seufert, @eric_seufert, and @richlightshed
| Janko Roettgers / Protocol: |
Facebook plans to spend $10B+ on AR and VR this year, including metaverse apps and related hardware, and report FRL segment separately starting in Q4 — Facebook expects to spend more than $10 billion on AR, VR and related hardware as well as the development of metaverse apps and services this year …
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Wall Street Journal, The Information, and Channel NewsAsia
Tweets: @mikeisaac, @mylesudland, @alexeheath, @sleepwellcap, @carolinehydetv, @jank0, @alexeheath, and @alexeheath
| Jacob Kastrenakes / The Verge: |
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Nikkei Asia, Fox Business, New York Post, Engadget, Insider, CNBC, and SlashGear
| Alex Heath / The Verge: |
Internal documents show Facebook is struggling to attract US users under the age of 30, with US teenage users of the Facebook app declining by 13% since 2019 — The world's largest social network is internally grappling with an existential crisis: an aging user base
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Platformer, Big Technology, Bloomberg, iTnews, ZDNet, Fast Company, TechCrunch, CNET, Axios, iPhone in Canada Blog, CBS News, phonearena.com, and Forbes
Tweets: @nicholasvinocur, @issielapowsky, @kantrowitz, @kantrowitz, @alexeheath, @johnrobb, @reckless, @alexeheath, @kantrowitz, @willmcavoyacn, @bcmerchant, @kantrowitz, @dilipthecherian, @venkatananth, @kantrowitz, @modestproposal1, @mattrosoff, @jake_k, @jeffnolan, @ayshardzn, and @mattnavarra. Thanks:@thekenyeung
| Alexandra S. Levine / Politico: |
Internal documents show Facebook had no clear playbook for handling the dangerous content delegitimizing the US elections ahead of the January 6 riots — Facebook's rules left giant holes for U.S. election falsehoods to metastasize. On the day of the Capitol riot, employees began pulling levers to try to stave off the peril.
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CNN, NBC News, and The Guardian
Tweets: @ali_lev, @carolecadwalla, @amyklobuchar, @leah_nylen, @edyong209, @stevesi, @markscott82, and @adriennelaf
| Washington Post: |
Sources detail Zuckerberg's decisions to put growth over safety, like to ban anti-state posts in Vietnam and to halt a WhatsApp US voting info center in Spanish — Late last year, Mark Zuckerberg faced a choice: Comply with demands from Vietnam's ruling Communist Party to censor anti-government dissidents …
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Washington Post, Reuters, Reason, The Verge, CNN, The Hill, Associated Press, Bloomberg, BBC, Insider, and Financial Times
Tweets: @jesselehrich, @reppeterdefazio, @hshaban, @gopleader, @alexthomp, @willoremus, @andymstone, @jowens510, @jessicahuseman, @lollardfish, @yaeleisenstat, @jessicahuseman, @mattnegrin, @markberman, @swodinsky, @swodinsky, @andymstone, @samidh, @robbysoave, @joshuahol, @rashadrobinson, @justinhendrix, @watchdogdiva, @maxboot, @runwithskizzers, @ggreenwald, @peterwsinger, @mikeduncan, @washingtonpost, @sheeraf, @washingtonpost, @kazweida, @jonlovett, @senalexpadilla, @zephyrteachout, @washingtonpost, @repjayapal, @niubi, @brhodes, @amnestytech, @repkenbuck, and @nihamasih. Thanks:@thekenyeung
| Associated Press: |
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The Atlantic, CNN, Politico, and Nieman Lab
| Casey Newton / The Verge: |
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Bloomberg, Washington Post, and Associated Press
Tweets: @mhbergen, @chinmayiarun, @dkshivakumar, @carolecadwalla, @kevinroose, @ewarren, @thekenyeung, @alexeheath, @nsnadeemsarwar, @verge, and @reckless
| Andrei Frumusanu / AnandTech: |
Apple M1 Pro and Max review: CPU and GPU improvements offer an unparalleled combination of raw performance, unique acceleration, and power efficiency — Last week, Apple had unveiled their new generation MacBook Pro laptop series, a new range of flagship devices that bring with them significant updates …
More:
iMore, iThinkDifferent, AppleInsider, and MacRumors
Tweets: @cixliv, @fpiednoel, @fpiednoel, @kelseyhightower, @anandtech, and @migueldeicaza. Thanks:@iancutress
| Nilay Patel / The Verge: |
MacBook Pro (2021) hands-on: bringing back ports and removing the Touch Bar is welcome, mini-LED display looks great, and the 1080p webcam is an improvement — New chips, familiar ports, and actual volume buttons — it might be love — It's easy to be excited about the new MacBook Pros …
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AnandTech, Engadget, Six Colors, Forbes, YouTube, Android Authority, MacRumors, CNBC, AppleInsider, CNN, CNET, Pocket-lint, TechCrunch, MobileSyrup, iMore, MacDailyNews, Cult of Mac, and Laptop Mag
Tweets: @reckless, @htfiii, @reckless, @andrewtalbott, @hawkeward, @erithacus_, @mcoley, @stevemoser, @lightsleeper, @rainofterra, @demozabel, @dcseifert, @tldtoday, @rajamagdich, @techkafa, @pierce, @pierce, @stammy, @fmanjoo, @reneritchie, @fmanjoo, and @reneritchie
| Sergiu Gatlan / BleepingComputer: |
Microsoft says Russia-backed Nobelium, behind the 2020 SolarWinds hack, is still targeting the global IT supply chain with 14 providers breached since May 2021 — Microsoft says the Russian-backed Nobelium threat group behind last year's SolarWinds hack is still targeting the global IT supply chain …
Source:
Microsoft On the Issues. More:
New York Times, Microsoft Security Blog, Wall Street Journal, Bloomberg, CyberScoop, CNN, HackRead, Dark Reading, Agence France-Presse, SiliconANGLE, and Threatpost
Tweets: @msftsecurity, @dnvolz, @campuscodi, @arekfurt, @jennamc_laugh, @senblumenthal, and @kaitlancollins
| Gilad Edelman / Wired: |
Leaked docs detail staff's suggestions to solve Facebook's problems: deprioritize engagement, reduce AI reliance, and focus on safety in developing countries — Internal research documents provide a blueprint for solving the company's biggest problems. — The Facebook Papers| Steven Levy / Wired: |
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CNN. Tweets: @adriennelaf, @oliviasolon, @alecmuffett, @wired, @jilliancyork, @alecmuffett, @benedictevans, @caitlin__kelly, @blackamazon, @jason_kint, @benedictevans, @oliviasolon, @benedictevans, @byjacobward, @alecmuffett, and @oliviasolon
| Ben Schoon / 9to5Google: |
Pixel 6 Pro review: an impressive flagship with excellent cameras, all day battery, and charging speeds up to 30W, but fingerprint sensor is “not super quick” — 2016 marked a major year for Google, with the launch of Assistant and its first self-made smartphone, the Google Pixel.
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TechCrunch, CNET, Engadget, IGN, ZDNet, techadvisor.com, Laptop Mag, Digital Trends, MobileSyrup, PetaPixel, CNET, and XDA Developers
| Sam Rutherford / Gizmodo: |
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New York Times, CNET, Android Police, 9to5Google, Laptop Mag, MobileSyrup, t3.com, Android Central, Android Headlines, techadvisor.com, ZDNet, Wired, Bloomberg, Wired UK, and BGR
| Jennifer Surane / Bloomberg: |
Mastercard partners with Bakkt to let banks offer cryptocurrency rewards on credit and debit card purchases; Bakkt's stock closes at $30.60, up 234.43% — Mastercard Inc. is making it easier for banks to offer cryptocurrency rewards on their credit and debit cards as part of the payment network's recent embrace of digital currencies.
Source:
Mastercard USA. More:
CNBC, CoinDesk, The Verge, Vox, Reuters, Blockworks, Insider, Barron's Online, Yahoo Finance, TechSpot, AMBCrypto, The Motley Fool, Bitcoin News, Wall Street Journal, Cointelegraph, The Daily Hodl, Blockworks, The Block, and cryptonews.com
| Chris Welch / The Verge: |
AirPods (third-gen) review: less conspicuous design, IPX4 water resistance, and improved sound quality, but spatial audio is inconsistent and no ANC — The new regular AirPods get a lot right even before the gimmicky spatial audio part — For the first time since their introduction in 2016 …
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9to5Mac, Engadget, Gizmodo, CNBC, Pocket-lint, Input, MacRumors, YouTube, phonearena.com, Wall Street Journal, iPhone Hacks, iThinkDifferent, iDownloadBlog.com, 9to5Mac, MobileSyrup, PCMag, and Laptop Mag
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