Techmeme
November 4, 2021, 11:02 PM

Top News

Kurt Wagner / Bloomberg:
Square reports Q3 revenue of $3.84B, up 27% YoY but missing $4.51B estimates, bitcoin revenue of $1.81B, up 11% YoY, and gross payment volume of $45.4B, up 43%  —  - Overall third-quarter sales fall short of analysts' estimates  — Gross profit was up 43% from the same period a year earlier
Samantha Subin / CNBC:
Airbnb Q3: revenue of $2.24B, up 67% YoY, vs estimates of $2.05B, net income of $834M, up 280% YoY, 79.7M nights and experiences booked, up 29% YoY  —  - Airbnb reported third-quarter earnings on Thursday that beat Wall Street revenue estimates but fell slightly short on bookings.
MacKenzie Sigalos / CNBC:
AnandTech:
Review of Intel's ~$650 flagship i9-12900K Alder Lake CPU, which performs close to AMD's 5950X and 5900X depending on workloads, while adding DDR5 support  —  Today marks the official retail availability of Intel's 12th Generation Core processors, starting with the overclockable versions this side of the New Year, and the rest in 2022.
Jessica Bursztynsky / CNBC:
Uber reports Q3 revenue of $4.8B, up 72% YoY, gross bookings of $23.1B, up 57% YoY, with Mobility up 67% to $9.9B and Delivery up 50% to $12.8B  —  - Uber reported third-quarter financial results Thursday, which included a first-ever adjusted EBITDA profit.  — The company reported a net loss of $2.4 billion for the quarter.
Tom Warren / The Verge:
Microsoft warns Windows 11 users that features, including the Snipping Tool, touch keyboard, and emoji panel, aren't loading due to an expired certificate  —  Snipping Tool, the emoji picker, and other parts of Windows 11 are breaking  —  Microsoft has started warning Windows 11 users …
Takashi Mochizuki / Bloomberg:
Wall Street Journal:
AT&T and Verizon postpone the December 5 launch of C-band 5G spectrum to address the FAA's concerns of potential interference with cockpit safety systems  —  Wireless carriers postpone planned Dec. 5 launch of new spectrum to address concerns about potential interference with cockpit safety systems
Tanya Klich / Forbes:
Babylist, which operates an e-commerce and content hub for new parents, raises a $40M Series C led by Norwest, says revenue will reach $250M this year  —  Babylist, the decade-old registry platform that also operates as an e-commerce and content hub for new parents, just announced …
Vlad Savov / Bloomberg:
Google says it will let Android app developers use alternative billing systems in the Google Play store in South Korea, complying with a new law  —  Alphabet Inc.'s Google said it will add the option for developers to offer alternative billing systems on its Android app store in South Korea …
Sarah Perez / TechCrunch:
Meta announces new tools for Facebook Group admins, including paid subgroups, the ability to create community fundraisers and shops, and more  —  At its Facebook Communities Summit today, the social networking giant announced a series of updates and new tools for managing Facebook Groups …
Dean Takahashi / VentureBeat:
Mythical Games, which is developing a game platform with “playable NFTs”, raises $150M led by a16z at a $1.25B valuation, four months after raising $75M  —  Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10.  Learn more about what comes next.
Eli Tan / CoinDesk:
Game studio Faraway raises a $21M Series A led by Lightspeed and FTX, plans to use the Solana blockchain in its most popular title Mini Royale  —  FTX and Lightspeed Venture Partners have led a $21 million Series A funding round for gaming studio Faraway.  —  Faraway said in a press release Thursday …
Aisha Malik / TechCrunch:
Instagram brings back support for Twitter Card previews after removing the feature in 2012  —  Instagram is bringing back support for Twitter Card previews starting today.  Now when users share an Instagram link on Twitter, a preview of the post will be shown in the tweet.

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Earlier Picks

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