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October 26, 2021, 7:00 AM
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WeSmirchTop News
| Jacob Kastrenakes / The Verge: |
Zuckerberg says he's redirected Facebook teams to serve young adults over older users, and that significant changes to Instagram will lean into video and Reels — Expect changes to Instagram to highlight Reels — Facebook CEO Mark Zuckerberg says he's redirected teams within his company to …
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Financial Times, Financial Times, Variety, CNN, Insider, Engadget, CNBC, Nikkei Asia, and SlashGear
Facebook: Mark Zuckerberg. Tweets: @sarafischer, @granick, @esaagar, @mediaevan, @themaxburns, @matthewstoller, @caslernoel, @caseynewton, @carnage4life, @jonfavs, @briannawu, @matthewstoller, @annemariebridy, @mattgaetz, @matthewstoller, @sarafischer, @reckless, @maxthegirl, @juddlegum, @ditzkoff, @baekdal, @sarafischer, @paulconstant, @rschooley, @fmanjoo, @jonlovett, @jason_kint, @kantrowitz, @pixelatedboat, @joncoopertweets, and @slpng_giants
| 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.
More:
Protocol, Quartz, Bloomberg, Yahoo Finance, and Vox
Tweets: @kantrowitz, @mikeisaac, @kantrowitz, @alexeheath, @jamesliamcook, @alex, @alexeheath, @post_market, @stevekovach, @profcarroll, @maxkennerly, and @morningbrew
| 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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Associated Press, Facebook, MacRumors, The Verge, Axios, iThinkDifferent, 9to5Mac, phonearena.com, AppleInsider, TechCircle, Wall Street Journal, and Investor's Business Daily
| 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 …
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Coinspeaker, SiliconANGLE, Bloomberg, PYMNTS.com, and Blockworks
Tweets: @pearkes, @thestalwart, and @sherman4949
| 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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The Information. Tweets: @mikeisaac, @mylesudland, @alexeheath, @sleepwellcap, @carolinehydetv, @jank0, @alexeheath, @alexeheath, @matt_cochrane7, @carnage4life, @rosemontseneca, and @jank0
| 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:
Macworld, techadvisor.com, 9to5Mac, AppleInsider, MacRumors, BGR, iMore, and Wccftech
Tweets: @andysomerfield, @fukuemon3, @rucola_neko, @cixliv, @kevinctofel, @ozskier, @fpiednoel, @kelseyhightower, and @fpiednoel. Thanks:@iancutress
| Andrew Cunningham / Ars Technica: |
macOS 12 Monterey review: automation on Mac is revitalized with Shortcuts, Low Power Mode is nice, and it's packed with tons of small tweaks like AirPlay to Mac — An iterative update to Big Sur that has a little something for everyone. — Big Sur was a landmark release of macOS, in ways both technical and symbolic.
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Apple, AppleInsider, AppleInsider, Thurrott, MacRumors, Gizmodo, iMore, Engadget, MacStories, TechCrunch, and AppleInsider
Tweets: @tapbot_paul, @ccgus, @loudestnoise, @tapbot_paul, @ccgus, @sogonsec, @marioguzman, and @adders
| Nilay Patel / The Verge: |
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techadvisor.com, AnandTech, YouTube, MacRumors, Forbes, CNBC, 9to5Mac, Macworld, iMore, Daring Fireball, and AppleInsider
Tweets: @dcseifert, @htfiii, @pierce, @stammy, @hawkeward, @fmanjoo, @erithacus_, @fmanjoo, @tldtoday, @rainofterra, @rajamagdich, @demozabel, @reckless, @mcoley, @lightsleeper, @pierce, @andrewtalbott, @stevemoser, @reckless, and @techkafa
| Alex Kantrowitz / Big Technology: |
Docs: Facebook tested turning off News Feed ranking for 0.05% of users in Feb. 2018 and found engagement dropped, Groups content rose, and ad views increased — New leaked Facebook documents show what happened when Facebook tried to remove feed ranking. It didn't go well.
Tweets: @daphnehk, @evan_greer, @roddylindsay, @roddylindsay, @dlberes, @fbajak, @hkanji, @kantrowitz, and @ericgoldman
| Emily Birnbaum / Politico: |
| Leah Nylen / Politico: |
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The Atlantic and Bloomberg
Tweets: @adriennelaf, @jessefelder, @jeffhorwitz, @adamkovac, @urocklive1, and @grahambrookie
| Alexandra S. Levine / Politico: |
| Alex Heath / The Verge: |
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Axios, Fast Company, NPR, CNBC, diginomica, Marketplace, Politico, iTnews, Australian Financial Review, and ZDNet
| Siddharth Venkataramakrishnan / Financial Times: |
Stripe partners with Klarna to let retailers in the US, UK, and Europe more easily offer a buy now, pay later option — Tie-up will allow retailers easily to add option for customers to pay in instalments at checkouts — Online payments processor Stripe has entered a strategic partnership with …
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Finextra, PYMNTS.com, altfi.com, Bloomberg, PR Newswire, and London Evening Standard
| Emily Graffeo / Bloomberg: |
Study: the top 10K individual bitcoin investors control about one-third of the cryptocurrency in circulation and ~50 miners control 50% of the mining capacity — - Research shines light on Bitcoin's elusive ownership structure — Top 10,000 investors control over one-third of supply| Juli Clover / MacRumors: |
Apple releases iOS 15.1 and iPadOS 15.1 with SharePlay, iPhone 13 ProRes video capture, a toggle for automatic macro mode, vaccine cards in Wallet, and more — Apple today released iOS and iPadOS 15.1, the first major updates to the iOS 15 operating system that was released …
More:
Apple, Laptop Mag, Softpedia News, Ars Technica, 9to5Mac, AppleInsider, phonearena.com, Digital Trends, and Macworld
Tweets: @mkbhd, @bzamayo, @caramalameet, @mkbhd, @outsetarcana, @cameracaleb, @donl____, @mgsiegler, @chrismessina, @mohandark_s, @_mchristensen, and @distinctivename
| 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, Forkast, Bankless Times, Wall Street Journal, Coinspeaker, Yahoo Finance, Barron's Online, Insider, The Motley Fool, Bitcoin News, and AMBCrypto. Tweets: @hugh_son
| Bloomberg: |
Sources: US Treasury to give the SEC considerable concessions for regulating stablecoins like Tether in a report later this week — - Behind the scenes, Wall Street agency has pushed for key role — Some U.S. officials want to saddle tokens with bank rules
More:
Forkast, cryptonews.com, Decrypt, Crypto Briefing, Crowdfund Insider, and Cointelegraph
Tweets: @saylor and @thecryptolark
| Associated Press: |
Facebook docs detail issues with moderating non-English speech, leading to inflammatory language in Afghanistan, bans on common words in Palestine, and more — DUBAI, United Arab Emirates (AP) — As the Gaza war raged and tensions surged across the Middle East last May …
More:
The Atlantic, CNN, Politico, CNN, and Nieman Lab
| Steven Levy / Wired: |
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CNN, Protocol, and inews.co.uk
| Washington Post: |
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CNN, The Verge, Reason, Silicon Republic, Bloomberg, Rolling Stone, Pixel Envy, and MediaNama
Tweets: @jesselehrich, @reppeterdefazio, @hshaban, @gopleader, @willoremus, @alexthomp, @robbysoave, @ewarren, @joshuahol, @carolecadwalla, @jessicahuseman, @rashadrobinson, @markberman, @kharge, @swodinsky, @runwithskizzers, @ggreenwald, @ap, @swodinsky, @tonyajoriley, @kazweida, @jonlovett, @senalexpadilla, @yaeleisenstat, @repjayapal, @brhodes, @andymstone, @repkenbuck, @lollardfish, @asharangappa_, @jowens510, @dkshivakumar, @repjayapal, @samidh, @jessicahuseman, @palmerluckey, @repcardenas, @thedextriarchy, @donwinslow, @repandybarr, @aletweetsnews, @crecenteb, @mattnegrin, @andymstone, and @_maargentino. Thanks:@thekenyeung
| Mike Isaac / New York Times: |
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The Guardian, Bloomberg, New York Magazine, ScreenRant, and The Daily Beast
| 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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Android Headlines
Sponsor Posts
Command Line:
Bringing local models and sandboxed tools to Windows and GitHub Copilot — GitHub Copilot will soon determine when a task is best handled by on-device AI and when it needs cloud-scale models.
Bringing local models and sandboxed tools to Windows and GitHub Copilot — GitHub Copilot will soon determine when a task is best handled by on-device AI and when it needs cloud-scale models.
Will Reed:
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
Zoho Books now supports CT600 & Final Accounts Filing as an add-on in the FREE plan — Managing end-of-year filing for limited companies in the UK is often expensive and multi-layered.
Zoho Books now supports CT600 & Final Accounts Filing as an add-on in the FREE plan — Managing end-of-year filing for limited companies in the UK is often expensive and multi-layered.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Sources:
Qualcomm's CEO on the coming AI phone supercycle
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
The Upstarts Podcast:
Bringing Back Mammoths And Building Noah's Ark 2.0 | Colossal's Ben Lamm
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Great Chat:
The launch industrial complex
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Big Technology Podcast:
Can AI Keep Growing Exponentially? Let's Ask SemiAnalysis — With Dylan Patel and Jordan Nanos
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Larry Ellison's Media Ambitions & Kevin Roose on AI's Biggest Gamble
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Training Data:
Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
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Tweets: @msftsecurity, @kimzetter, and @jennamc_laugh