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October 28, 2021, 7:50 AM
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| New York Times: |
Facebook tells employees to preserve internal docs and communications related to its business since 2016, as governments and legislative bodies begin inquiries — Facebook has told employees to “preserve internal documents and communications since 2016” that pertain to its businesses …
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Axios, Washington Post, Bloomberg, CNET, The Independent, Forbes, CNN, Slate, Insider, and The Hill
Tweets: @mikeisaac, @lurker_tech, @firebellys, @rmac18, @justitiamatrona, @joe3barrera, @benbn, @netculture, @pikhq, @ericajoy, @baddcompani, @joshsternberg, and @rmac18
| Jacob Silverman / New York Magazine: |
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MUO and New York Times
| Casey Newton / Platformer: |
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Galaxy Brain and Washington Post
Tweets: @jbakcoleman, @brandonsilverm, @terronk, @caseynewton, @martinsfp, @brandonsilverm, @brandonsilverm, @evelyndouek, @ewarren, @benedictevans, @alexstamos, @daphnehk, @jeffhorwitz, @taylorhughes, @antoniogm, @hcetamd, @brianfishman, @jasonhirschhorn, @bennyfactor, @mattdrange, @jeffhorwitz, @caseynewton, @jamesliamcook, and @_arianna
| Wall Street Journal: |
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New York Magazine, The Guardian, ETF Trends, Insider, Fortune, Securities and Exchange Commission, WRAL TechWire, CNN, Telegraph, CNET, The Hill, The Verge, Protocol, Reuters, and New York Times
Tweets: @martyswant, @sarafischer, @wsj, @jason_kint, @wsjpolitics, @repcasten, and @donie
| Richard Lawler / The Verge: |
Samsung reports Q3 net profit of ~$10.5B, up 31% YoY, on record revenue of ~$63B, up 10% YoY, beating estimates; operating profit rose 26% YoY to ~$13B — Credit high demand for chips, foldables, Switch OLED, and the iPhone 13. — In 2020, Samsung weathered the pandemic by posting …
Source:
Samsung Global Newsroom. More:
Engadget, Thurrott, ZDNet, Wall Street Journal, Bloomberg, SiliconANGLE, phonearena.com, Financial Times, CNET, Bloomberg, The Economic Times, and MSN
Tweets: @tarunpathak and @samsung
| Joe Rossignol / MacRumors: |
Apple support documents says 14- and 16-inch MacBook Pro users can turn on “scale to fit below built-in camera” to avoid notch app compatibility issues — Apple today shared a new support document that explains how users can ensure that an app's menu bar items do not appear hidden behind … | Ron Amadeo / Ars Technica: |
Google unveils Android 12L update focused on tablets, foldables, and Chromebooks, which tweaks big screen UI layouts, adds a taskbar, more, coming early 2022 — Android 12L brings tablet-focused features, like a dock and dual-pane interfaces. — Have you heard about the new version of Android?
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Android Developers Blog. More:
Android Developers, Laptop Mag, Thurrott, The Verge, About Chromebooks, fossbytes.com, Windows Central, Phandroid, Gizmodo, SlashGear, Pocketnow, TechRadar, phonearena.com, BGR India, Android Headlines, Tom's Guide, Pocket-lint, CNET, OSnews, MSPoweruser, Android Central, Droid Life, and Notebookcheck.net
Tweets: @suka_hiroaki, @backlon, @epro, @mishaalrahman, @suka_hiroaki, and @ronamadeo
| Sarah Perez / TechCrunch: |
Spotify cites Edison Research and its own internal data to claim it “recently became” the most-used podcast platform in the US and says it has 3.2M podcasts — In September, analysts at eMarketer predicted Spotify was poised to overtake Apple Podcasts in U.S. listenership sometime this year.
Source:
Spotify. More:
Benzinga, AppleInsider, Input, Wall Street Journal, FrontPageTech.com, Android Police, RAIN News, 9to5Mac, Finbold, and The Verge
Tweets: @richlightshed, @morningbrew, @edisonresearch, @sarafischer, and @lucas_shaw
| Ben Thompson / Stratechery: |
The Sequoia Fund announcement shows Sequoia Capital wants to invest and keep long-term positions in SaaS companies with proven business models — Two weeks ago, in The Death and Birth of Technological Revolutions,1 I puzzled about exactly where we were in the Age of Information and Telecommunications …
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howardlindzon.com, TechCrunch, and Axios
Tweets: @sequoia, @roelofbotha, @klarnaseb, @tobi, @tyler, @plibin, @modestproposal1, @natbullard, @stratechery, @timmlatimer, @kayvz, @honam, and @sajithpai
| Bryan Walsh / Axios: |
GitHub says as much as 30% of new code on its network is written with its AI tool Copilot, and 50% of developers who tried it since July have kept using it — The open-source software developer GitHub says as much as 30% of newly written code on its network is being done with the help of the company's AI programming tool Copilot.| Bloomberg: |
GlobalFoundries raises $2.6B in an IPO, selling shares for $47, valuing the company at over $25B, the third biggest US listing in 2021 behind Coupang and Didi — - Chipmaker's shares price at top of $42-$47 marketed range — Mubadala's portion of share sale increased from earlier plan
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Albany Times Union and Reuters
| Eli Tan / CoinDesk: |
QuickNode, which helps developers build blockchain apps, raises a $35M Series A led by Tiger Global, following a $5.3M seed round in May — The Series A follows a $5.3 million seed round earlier this year and includes participation from Reddit founder Alexis Ohanian and entrepreneur Anthony Pompliano.
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FinSMEs, PR Newswire, cryptodaily.co.uk, Cointelegraph, PYMNTS.com, pitchbook.com, SiliconANGLE, Bloomberg, and refreshmiami.com
Tweets: @hsakatrades, @apompliano, @alexisohanian, and @ldrogen
| Carly Page / TechCrunch: |
Dragos, which helps secure control systems for critical infrastructure, raises a $200M Series D at a $1.7B valuation led by Koch Disruptive Tech and BlackRock — Dragos has raised $200 million in Series D funding at a valuation of $1.7 billion. The investment, which Dragos …
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VentureBeat, Yahoo Finance, Bloomberg, and SiliconANGLE
| Aria Alamalhodaei / TechCrunch: |
Skyryse, which develops a flight automation operating system called FlightOS, raises a $200M Series B co-led by Fidelity and Monashee Investment Management — Five-year-old startup Skyryse has raised a $200 million Series B to develop FlightOS, a flight automation technology stack … | Ed Ballard / Wall Street Journal: |
A look at Stripe's carbon-removal investments, including $9M in 10 projects; nearly 9K businesses use Stripe Climate to divert some revenue to carbon-removal — The technology for removing billions of tons of carbon dioxide from the atmosphere isn't ready. Stripe wants to speed things up.
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Slashdot. Tweets: @lil_dill, @orbuch, @sub8u, @ksavitt, @kdenkss, @hanlonbt, @mattparlmer, @silagene, @hassankhan, @jasonclimateguy, @charmindustrial, @duncan__c, @benlandautaylor, and @patrickc
| Ingrid Lunden / TechCrunch: |
LinkedIn launches its freelance services marketplace globally after picking up 2M users in a quietly run US beta, to compete with the likes of Fiverr and Upwork — LinkedIn, the Microsoft-owned platform for those connecting with others in their fields of work and those looking for work … | Bloomberg: |
Google, Apple, Twitter, Snap, Microsoft, and others form the Catalyze Tech coalition, committing to improve DEI, share demographic data, and more — New report underscores importance of sharing data and supporting K-12 computer science education. — Alphabet Inc.'s Google, Twitter Inc. … | Reuters: |
Chinese banking official issues a warning to cross-border online brokerages operating with only overseas licenses, causing Futu, UP Fintech, and others to drop — Online brokerages not licensed in China are conducting illegal businesses if they serve Chinese clients via the internet …
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Bloomberg
| Kyle Wiggers / VentureBeat: |
Apple joins Sustainable Semiconductor Technologies and Systems, a program by Belgium-based R&D organization Imec to help reduce environmental impact of chips — Apple today announced that it has joined Sustainable Semiconductor Technologies and Systems (SSTS), a new research program launched … | Wall Street Journal: |
Sources: DOJ is investigating whether Visa used financial incentives to keep Square, Stripe, and PayPal from using other card networks or payment systems — Antitrust investigators are scrutinizing financial incentives Visa gave to Square, Stripe and PayPal| Catalin Cimpanu / The Record: |
Hackers steal an estimated $130M from DeFi platform Cream Finance in a flash loan attack; the company lost $37M in Feb. and $29M in Aug. in similar attacks — Hackers have stolen an estimated $130 million worth of cryptocurrency assets from Cream Finance, a decentralized finance (DeFi) …
More:
Forkast, Bloomberg, Decrypt, The Block, Yahoo Finance, Yahoo Movies, and Crypto Briefing
Tweets: @creamdotfinance, @frankresearcher, @azflin, @creamdotfinance, @thijsniks, and @carnage4life
| Michelle F Davis / Bloomberg: |
Hinge Health, a digital physical therapy service that uses an app and sensors, raises $400M led by Tiger and Coatue at a $6.2B valuation, up from $3B in January — - Digital physical therapy provider raised $400 million — Demand for remote health services has grown during pandemic| Zoe Schiffer / The Verge: |
Internal docs show Netflix tried to minimize public backlash to the film Cuties by stopping it from appearing in some search results and recommendations — In September 2020, Netflix was in turmoil as the company battled its most significant PR scandal to date.
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NME, The Wrap, IndieWire, The Week, Vulture, CNET, and Variety
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