Techmeme
November 5, 2021, 4:00 PM

Top News

Mike Isaac / New York Times:
Sources: Meta has discussed opening retail stores globally to showcase devices made by its Reality Labs division, like VR headsets and, eventually, AR glasses  —  The social networking company has discussed opening physical stores to showcase its virtual reality and augmented reality devices.
Benjamin Mayo / 9to5Mac:
Report: Apple and TSMC plan to produce 3nm chips for Macs as soon as 2023, with as many as four dies and up to 40 CPU cores per chip  —  Apple is taking the PC world by storm with its first debut of Apple Silicon chips inside of Macs, taking what it learned from developing the iPhone and iPad …
Wall Street Journal:
Internal docs: a Facebook well-being team's survey found 12.5% of participants reported compulsive use of Facebook that negatively impacted their lives  —  The app hurts sleep, work, relationships or parenting for about 12.5% of users, who reported they felt Facebook was more of a problem than other social media
Balaji Srinivasan / @balajis:
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
Muhdan Saglam / Middle East Eye:
Turkish live streamers expose a fraud ring that used Twitch's Bit platform to launder ~$10M; Twitch says it has taken action against 150 users  —  Hundreds of streamers said to have taken 20 percent cut to help launder money stolen by hackers through credit cards
Katie Jennings / Forbes:
Papa, which connects elderly Americans with virtual and physical companions, raises a $150M Series D led by Vision Fund 2 at a $1.4B valuation  —  I am a staff writer covering healthcare.  Email me at kjennings@forbes.com.  —  Andrew Parker's grandfather needed help, but he didn't need a doctor.
Anna Pruchnicka / Reuters:
Polish e-commerce company Allegro to buy Czech online retailer Mall Group for about $1.02B  —  (Reuters) -Polish e-commerce group Allegro has agreed to buy Czech online retailer Mall Group for 881 million euros ($1.02 billion) to create a regional platform, sending its shares up as much as 11%.
More: PYMNTS.com
Takashi Mochizuki / Bloomberg:
Nintendo president says he doesn't “see a sign of the component shortages recovering” as the company cuts Switch sales target for FY 2021 from 25.5M to 24M  —  - Company upgrades operating profit outlook citing FX rates  — Sustaining sales momentum will depend heavily on OLED model
Paul Sawers / VentureBeat:
Reltio, an enterprise data management tool that unifies data from many sources to offer insights, raises $120M led by Brighton Park Capital at a $1.7B valuation  —  Reltio, a master data management (MDM) platform that helps enterprises unify data from myriad sources to unearth new insights …
More: Reltio

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify: Revolutionizing Commerce with Winter Edition '26  —  Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Zoho:
Email fatigue is real: Here's how smart email tools help you regain control  —  Picture this: It's Monday morning.  You walk into the office feeling energized and ready to take on the week.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
OpenAI's 2026 Priority, Disney's AI Play, Datacenter Buildout Trouble
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
Australia Kicks Kids Off Social Media + Is the A.I. Water Issue Fake? + Hard Fork Wrapped
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Access:
Why the next AI frontier is phone calls, with Beside CEO Maxime Germain
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Great Chat:
So what happens after AGI?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Channels with Peter Kafka:
Lachlan Cartwright Started in Tabloids. Now He's a Must-Read Media Gossip.
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:00 PM ET, November 5, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Juli Clover / MacRumors:
Samantha Subin / CNBC:
Jessica Bursztynsky / CNBC:

Earlier Picks

MacKenzie Sigalos / CNBC:
Eli Tan / CoinDesk:
AnandTech:
Sarah Perez / TechCrunch:
Dean Takahashi / VentureBeat:
Vlad Savov / Bloomberg:
Rebecca Heilweil / Vox: