Techmeme
October 27, 2021, 1:20 PM

Top News

Tom Warren / The Verge:
Microsoft reports overall gaming revenue of $3.6B in Q1, up 16% YoY, with hardware revenue up 166% YoY on continued demand for Xbox Series X and S consoles  —  Microsoft's overall cloud revenue has jumped by 31 percent  —  Microsoft posted the first quarter of its 2022 financial results today …
Steve Clarke / Microsoft:
Casey Newton / Platformer:
Ex-Facebook integrity member says articles on Haugen leaks are based on internal posts and comments, making it hard to assign credibility as names are redacted  —  A former integrity worker on Facebook's internal “posting culture” and why it's easy to misread the Haugen leaks
Casey Newton / Platformer:
Kyle Orland / Ars Technica:
Amid harassment fallout, Blizzard says it will pause plans for next year's BlizzCon event to focus on supporting its teams and game development  —  Feb. show nixxed in favor of “supporting our teams and progressing development...”  —  Following an online-only BlizzCon earlier this year …
Chaim Gartenberg / The Verge:
Intel launches its 12th-gen Alder Lake chips, led by the flagship Core i9-12900K CPU with 16 cores for $589, shipping November 4  —  A new era for Intel begins  —  Intel's 12th Gen Alder Lake chips have finally arrived, ushering in a new era of the company's chips, lead by the flagship Core i9-12900K CPU …
Jon Brodkin / Ars Technica:
FCC orders China Telecom Americas to stop providing services in the US within 60 days, says the US unit is subject to Chinese government control and influence  —  China Telecom Americas ordered to stop providing service in US within 60 days.  —  The Federal Communications Commission today voted …
Justine Calma / The Verge:
Microsoft sets a goal of reducing data center water consumption by 95% by 2024, building on broader 2030 climate commitments  —  It's turning to new technology to cool servers without using water  —  Microsoft ramped up its commitments today to conserve water and energy in its data centers …
Nancy Scola / New York Magazine:
Interview with FTC Chair Lina Khan on leading the agency, its regulatory failures and avoiding future missteps, Facebook, Amazon, Alphabet, and more  —  Lina Khan was an associate professor at Columbia Law, working remotely from Texas, when she found out that President Joe Biden wanted her on the Federal Trade Commission.
Wall Street Journal:
Sources: FTC staff are investigating whether Frances Haugen's documents show Facebook violated a 2019 privacy settlement that included a record $5B fine  —  Lawmakers want agency to determine if Facebook engaged in deceptive conduct; company says internal research is mischaracterized
Todd Spangler / Variety:
Spotify reports Q3 revenue of $2.9B, up 27% YoY; MAUs rose 19% YoY to 381M as Premium users rose 19% YoY to 172M; ad sales rose 75% YoY to $374M; stock up 6%+  —  Spotify posted double-digit gains for overall monthly users and paid subscribers for the third quarter of 2021, in line with expectations …
Alphabet:
Jennifer Elias / CNBC:
Christine Hall / TechCrunch:
Fellow, which offers meeting management tools, raises a $24M Series A led by Craft Ventures, bringing total funding to $30.5M  —  As more people venture back into the office, meetings have become more hybrid, with people at both home and in the office.  Fellow aims to help managers …
More: FinSMEs and BetaKit
Ron Miller / TechCrunch:
Abacus.AI, which helps companies manage AI models, raises a $50M Series C led by Tiger Global, bringing its total funding to over $90M  —  Abacus.ai wants to build an AI platform that simplifies machine learning model creation, while still leaving room for power users.
Foo Yun Chee / Reuters:
EU opens an investigation into Nvidia's planned Arm acquisition on competition grounds, the latest setback for the deal  —  Nvidia (NVDA.O) suffered a setback on Wednesday as EU antitrust regulators opened a full-scale investigation into its $54 billion bid for British chip designer ARM …
More: Bloomberg and CNBC
Steve Dent / Engadget:
Adobe announces Photoshop and Illustrator web apps to improve collaboration, make quick edits, and more  —  Adobe has announced that it's taken “a major step forward for collaboration” by bringing its Photoshop and Illustrator apps to the web.  The idea is not to do let you do complex work from a web page …
Mary Ann Azevedo / TechCrunch:
New York-based Extend, which helps financial institutions offer virtual cards, raises a $40M Series B led by March Capital  —  We've written a lot about fintechs that aim to help other fintechs and traditional banks launch products and services.  —  But it feels like we have written far less …
More: FinLedger and Finextra
Christine Hall / TechCrunch:
Truepill, which offers telehealth and prescription delivery services, raises a $142M Series D at a $1.6B valuation, bringing total funding to $256M  —  After developing a network of telehealth, diagnostics and pharmacies for consumers, digital health company Truepill is targeting healthcare incumbents …

Sponsor Posts

Google:
Generate videos with Veo 3 in Google Gemini  —  Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator.  Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
Warp:
The #1 Coding Agent  —  #1 on Terminal-Bench.  71% on SWE-bench Verified.  Trusted by 600K+ devs.  Try the top agentic dev tool for $1 for 1st month with code TECHMEME.
Zoho:
Tuning response time psychology with an integrated solution  —  This is a guest post by Sharath Joji, Content Marketing Lead at Office24by7.Indecision and delays are often considered the parents of failure, and nowhere is this more true than in sales.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Tech Brew Ride Home:
Now Meta Has Frozen AI Hiring
Tech news headlines every day. 15 minutes and you're up to date. From Tech Brew, Morning Brew's tech hub.
Subscribe to Tech Brew Ride Home.
Decoder with Nilay Patel:
Amazon is betting on agents to win the AI race
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
How Intercom rose from the ashes by betting everything on AI | Eoghan McCabe (founder and CEO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Great Chat:
Is AI a job killer or job creator?
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.
Spotlight On:
Figma IPO, GPT-5, and a Q+A with Kerry Wang
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Big Technology Podcast:
Inside Google's Generative AI Reinvention -- With Nick Fox and Liz Reid
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.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:20 PM ET, October 27, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Tiernan Ray / ZDNet:
Maggie Fitzgerald / CNBC:
Sarah Perez / TechCrunch: