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October 27, 2021, 11:05 PM
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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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The Guardian, Washington Post, CNN, Slate, Protocol, The Independent, Forbes, Insider, TNW, Politico, and CNET
Tweets: @joe3barrera, @firebellys, @pikhq, @baddcompani, @justitiamatrona, @benbn, @mikeisaac, @lurker_tech, @rmac18, @rmac18, @netculture, @ericajoy, and @joshsternberg
| 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
More:
Gizmodo and Galaxy Brain
Tweets: @jbakcoleman, @brandonsilverm, @caseynewton, @martinsfp, @alexstamos, @evelyndouek, @ewarren, @brandonsilverm, @benedictevans, @brandonsilverm, @terronk, @jeffhorwitz, @daphnehk, @taylorhughes, @antoniogm, @brianfishman, @jasonhirschhorn, @bennyfactor, @mattdrange, @jeffhorwitz, @caseynewton, @jamesliamcook, @kentbye, and @_arianna
| Wall Street Journal: |
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Insider, Fortune, Securities and Exchange Commission, Telegraph, CNN, WRAL TechWire, CNET, The Hill, Protocol, and Reuters
Tweets: @martyswant, @sarafischer, @wsj, @donie, and @wsjpolitics
| 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.
More:
Spotify, AppleInsider, FrontPageTech.com, Wall Street Journal, RAIN News, Android Police, Input, 9to5Mac, Finbold, The Verge, and Variety
Tweets: @edisonresearch, @richlightshed, @sarafischer, @lucas_shaw, and @morningbrew
| Jon Porter / The Verge: |
Instagram rolls out link stickers to all users, expanding on verified and high-follower accounts — They can add links in Stories posts but not your feed — Instagram's link stickers, which let you include hyperlinks in Stories in the form of stickers, will now be available to everyone on the platform …
More:
Instagram, Gizmodo, TechCrunch, Insider, Social Media Today, iThinkDifferent, XDA Developers, Wccftech, TechRadar, 9to5Mac, Mashable, Digital Trends, KnowTechie, Search Engine Journal, Tubefilter, techadvisor.com, Engadget, Android Headlines, MUO, iDownloadBlog.com, CNET, and Adweek. Tweets: @mattnavarra
| 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.
More:
NME, The Wrap, The Week, IndieWire, Vulture, CNET, and Variety
| 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?
More:
Android Developers Blog, The Verge, Android Developers, Windows Central, OSnews, CNET, phonearena.com, Android Headlines, Droid Life, XDA Developers, Pocket-lint, Wccftech, About Chromebooks, MSPoweruser, and Android Central
Tweets: @backlon, @epro, @mishaalrahman, @ronamadeo, and @suka_hiroaki
| 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 …
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AnandTech, HotHardware.com News, OSnews, Tom's Hardware, PCWorld, Forbes, Engadget, Gizmodo, BGR India, WikiChip Fuse, SiliconANGLE, VentureBeat, XDA Developers, and SemiAccurate
Tweets: @cstar_ow, @tomwarren, @bdsams, @tomwarren, @cdemerjian, @cdemerjian, @cdemerjian, @cdemerjian, and @starfire2258
| 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 … | 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 …
More:
SiliconANGLE, Bloomberg, and Samsung Global Newsroom
| 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
More:
PYMNTS.com, Barron's Online, and Reuters
| 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 … | 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.
Tweets: @kvnweb, @_vectorist, @ryanjtracy, @viacristiano, @sarahmillerdc, @nancyscola, @nancyscola, @jenhoward80, @henryfarrell, @jenhoward80, @nymag, and @ugambini
| 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.
More:
Slashdot. Tweets: @lil_dill, @mattparlmer, @silagene, @ksavitt, @patrickc, @benlandautaylor, @hassankhan, @orbuch, @hanlonbt, @charmindustrial, @duncan__c, @jasonclimateguy, and @kdenkss
| Justine Calma / The Verge: |
Microsoft sets a goal to reduce 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 …
Source:
The Official Microsoft Blog. More:
The Official Microsoft Blog, ZDNet, Input, Silicon Republic, WinBuzzer, Engadget, Fast Company, and ZDNet
Tweets: @bradsmi, @satyanadella, and @paulfabretti
| David McCabe / New York Times: |
A look at online age verification checks being implemented by countries, including the UK, EU members, Japan, and China, and companies like Facebook and YouTube — To protect children online, more companies and governments are forcing users to prove how old they are.
More:
South China Morning Post. Tweets: @dmccabe, @neerajka, @sarafischer, @shiraovide, @yo_bj, and @brentnyt
| Tiernan Ray / ZDNet: |
Twilio Q3: rev. of $740.2M vs. $681M est., up 65% YoY, loss of $224.1M, up from $116.9M YoY, 250K+ active customer accounts, up from 208K YoY; stock down 11%+ — Twilio said Dollar-Based Net Expansion Rate was 131%, down from 137% in the prior-year period.
More:
SiliconANGLE, Twilio, MarketWatch, MarketWatch, and Investor's Business Daily. Tweets: @tiernanraytech
| 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 …
Source:
Blizzard News. More:
PCMag, Insider, Gamereactor UK, techadvisor.com, MSPoweruser, Ubergizmo, GamingBolt, TechSpot, SlashGear, CNET, IGN, Video Games Chronicle, Wccftech, Windows Central, Engadget, and Game Developer
Tweets: @ethangach, @stylosa, and @forcestrategy
| 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.
More:
PR Newswire, PYMNTS.com, Cointelegraph, SiliconANGLE, Bloomberg, and refreshmiami.com
Tweets: @hsakatrades, @alexisohanian, @apompliano, and @ldrogen
| 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.| TechCrunch: |
Brazilian neobank Nubank files for a US IPO and plans to “negotiate a program of Brazilian Depositary Receipts”; Nubank raised $750M at a $30B valuation in June — This morning Brazilian neobank Nu, better known as Nubank, announced that it has filed to go public.
More:
Business Wire, PYMNTS.com, The Block, and Forbes
Tweets: @psb_dc, @ryan_browne_, @kr00ney, and @rodrisanzrios
| 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:
PCMag, ZDNet, European Commission, Japan Today, Euractiv, Windows Central, AnandTech, TechRadar, Bloomberg, The Verge, CNBC, and Barron's Online
| Anna Kramer / Protocol: |
Internal docs show how Facebook calculates the number of engineers needed and how it has struggled to recruit talent, missing recruitment goals in 2019 and 2021 — Facebook cannot find enough candidates to meet engineering demand, especially in the Bay Area, and has struggled and failed …
Tweets: @william_fitz, @profcarroll, @mmalcangio, @ianguider, and @kscottz
| Manish Singh / TechCrunch: |
Indian insurtech startup Acko raises $255M co-led by General Atlantic and Multiples Private Equity at a $1.1B valuation, bringing its total raised to $450M — Insurance policy provider Acko is the latest Indian startup to become a unicorn, joining nearly three dozen other firms …
More:
The Economic Times, Reuters, VCCircle, and DealStreetAsia
| Bloomberg: |
After raising $357M in its IPO, Rent the Runway closes at $19.29, down 8% from its $23 opening price, valuing the company at $1.2B — - Shares open above price in $357 million IPO before dropping — CEO says company will push subscription sign-ups in marketing| 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:
Business Wire, FinSMEs, PYMNTS.com, FinLedger, and Finextra
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