| Patrick McGee / Financial Times: |
Estimate: Apple's iOS App Tracking Transparency policy has cost Snap, Facebook, Twitter, and YouTube almost $10B in combined ad revenue in H2 2021 — Forcing apps to ask for permission to track users for advertising purposes leads to big hit for social media platforms| Zack Zwiezen / Kotaku: |
After a three-day outage, Roblox says it is back online — According to Roblox's status page, all versions of the game have been down since Oct 28 starting at 7 pm EST — Roblox, one of the most popular games in the world, has been down for over a day now and while many frustrated players … | Mark Gurman / Bloomberg: |
Chip shortage hits Apple at the worst possible time ahead of the holidays, and Meta and Apple are set to be smartwatch and mixed reality headset rivals in 2022 — Apple had seemingly avoided the chip shortage for months, but the company's fortunes have now changed.| Paul Vigna / Wall Street Journal: |
Digital Currency Group raises $700M at a $10B+ valuation led by SoftBank's Vision Fund 2 and Latin America Fund, with CapitalG and others participating — The Grayscale and CoinDesk owner sells $700 million of shares at a $10 billion valuation, in a funding round led by two SoftBank funds| Rolfe Winkler / Wall Street Journal: |
Sources: Apple plans a “crash detection” feature next year for iPhones and Watches, which measures a spike in g-forces to detect car accidents and auto-dail 911 — Safety feature is also planned for Apple Watches expected in 2022, according to company documents| Wall Street Journal: |
Experts say sourcing chips has almost turned into a lottery amid the global chip shortage, as wait times ballooned to 22 weeks in October — Nearly a year into the crisis, some customers are finding it is taking months more than expected to get needed parts| Richard Waters / Financial Times: |
Dell spins off its 81% stake in VMware, creating a $64B independent software company; Dell's remaining hardware operations have an implied value of $33B — Share sale completes eight-year saga that will unwind part of the 2018 deal for server and storage company EMC| Salvador Rodriguez / CNBC: |
In 2018, Oculus' Jason Rubin sent a paper to Facebook executives laying the foundation for Meta's ambitions and detailing the need to own the VR market — - In 2018, an Oculus executive named Jason Rubin wrote a 50-page document headlined “The Metaverse” that he sent to a Facebook board member and some top execs.| Gene Park / Washington Post: |
| Ethan Zuckerman / The Atlantic: |
| Siddharth Venkataramakrishnan / Financial Times: |
A look at “creepypasta”, ghost stories such as Slender Man that spread online, and how decentralized myth-making can explain the rise of meme stocks and QAnon — Or: how the tale of Slender Man can explain the rise of QAnon. … These words, posted on a forum in 2009 … | Meg Jones Wall / Wired: |
How payment processors hold the power to decide which products and services can be purchased online, as Stripe bans businesses like tarot card reading — Payment processing companies decide who is empowered to buy and sell online—and their policies show a gross misunderstanding of metaphysical practitioners.| Andrew Tarantola / Engadget: |
Facebook AI unveils open source tactile tech, including a robot “skin” and high-resolution robot fingertip sensors, to impart a sense of touch to robots — Without a sense of touch, Frankenstein's monster would never have realized that “fire bad” and we would have had an unstoppable reanimated killing machine on our hands.| Zheping Huang / Bloomberg: |
ByteDance limits staff working hours from 10am to 7pm on weekdays, becoming one of the first tech companies in China to officially end its “996” culture — - Employees will need to seek permission to work overtime — China's 996 culture has drawn criticism, government scrutiny| Austin Craig / TechBuzz: |
Utah-based Awardco, which makes HR software, raises a $65M Series A led by General Catalyst and Qualtrics co-founder Ryan Smith at a valuation of $900M+ — Our mission is to shine a spotlight on all great things happening in the Utah technology/startup community and be a fair, independent voice for the Utah Tech Scene.
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| Adam Satariano / New York Times: |
| Daisuke Wakabayashi / New York Times: |