Techmeme
October 29, 2021, 8:25 AM

Top News

Mark Zuckerberg / About Facebook:
Mark Zuckerberg says Facebook the company is now Meta, to better encompass all of its products  —  We are at the beginning of the next chapter for the internet, and it's the next chapter for our company too.  —  In recent decades, technology has given people the power to connect and express ourselves more naturally.
More: YouTube, The Atlantic, CNET, Wall Street Journal, Engadget, inews.co.uk, Associated Press, cziscience.medium.com, Livemint, The Economic Times, Decrypt, Washington Post, The Guardian, techadvisor.com, The Guardian, Bloomberg, Techpoint Africa, Insider, Search Engine Roundtable, New York Times, Rock, Paper, Shotgun, WISH-TV, Quartz, Financial Times, Firstpost Tech, cryptonews.com, Tom's Guide, fossbytes.com, Silicon Canals, and Search Engine Journal
Alex Heath / The Verge:
Interview with Mark Zuckerberg on rebranding the company to Meta to avoid the awkwardness of sharing the name of its main app, building the metaverse, and more  —  The company wants to move past the ‘confusion and awkwardness’ of sharing a name with its main app
Ben Thompson / Stratechery:
Facebook's Meta renaming is a bet on the power of founder control, and is about a future that doesn't yet exist, but one that Zuckerberg believes needs to  —  The obvious analogy to Facebook's announcement that it is renaming itself Meta and re-organizing its financials to separate …
Andrew Bosworth:
Andrew Bosworth says Facebook Reality Labs will become Reality Labs, Oculus brand will shift to Meta for hardware and Oculus Quest app starting in early 2022  —  Well the cat's (officially) out of the bag: Our company is now Meta to better reflect who we are and our ambitions to help build the metaverse.
YouTube:
Video of Facebook Connect 2021, where VR updates, Project Cambria, and a new Meta brand name were announced  —  Tune in at 10:00am PT / 1:00pm ET on Thurs.  Oct. 28 when Facebook holds its annual Facebook Connect.  The company is expected to announce Oculus updates and o...
Dean Takahashi / VentureBeat:
Facebook unveils Horizon Home social VR spaces, Messenger VR calls, fitness VR, Quest for Business, including Work Accounts support on Quest 2, and more  —  this upcoming November 9-10.  Learn more about what comes next.  —  Facebook has turned its social media battleship toward the metaverse …
Apple:
Apple misses with Q4 revenue of $83.4B, up 29% YoY, vs $84.85B est., iPhone revenue of $38.87B, up 47% YoY, services revenue of $18.3B, up 25.6%; stock down 3%+  —  New September quarter record with revenue up 29 percent  —  Services and Mac revenue reach new all-time highs
Kif Leswing / CNBC:
Apple reports Q4 Mac revenue of $9.18B, up 1.6% YoY, and iPad revenue of $8.25B, up 21.4% YoY, and says supply chain issues cost the company ~$6B in the quarter  —  - Apple revenue fell short of Wall Street expectations in its fiscal fourth quarter on Thursday, which Apple CEO Tim Cook attributed …
Mark Gurman / Bloomberg:
The Facebook View app on iOS contains an image of a potential Meta smartwatch, which has a front-facing camera, rounded screen, and a detachable wrist strap  —  - Device has front-facing camera, possibly for videoconferencing  — Image of watch is found inside of Facebook View iPhone app
About Amazon:
Amazon misses with Q3 revenue of $110.8B, up 15% YoY, vs $111.6B est., net income of $3.2B, down from $6.3B YoY, AWS net sales of $16.1B, up 39%; stock down 4%+  —  SEATTLE—(BUSINESS WIRE)— Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2021.
Catalin Cimpanu / The Record:
Europol says it has detained 12 suspects that were orchestrating ransomware attacks that hit 1,800+ victims across 71 countries since 2019  —  - Twelve members of a ransomware group were detained this week in Ukraine and Switzerland, Europol said.  — Suspects are believed to have orchestrated …
Reuters:
Meme-based coin Shiba Inu rose about 160% this week, briefly surpassing dogecoin to become the eighth biggest cryptocurrency by market cap  —  Dogecoin, watch out!  —  Meme-based cryptocurrency Shiba Inu soared more than 45% over the last 24 hours, muscling its way into the top 10 largest digital tokens by market capitalization.

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Alexander Osipovich / Wall Street Journal:
Joe Rossignol / MacRumors: