| Adi Robertson / The Verge: |
Meta unveils the $1,499 Quest Pro headset, offering eye and face tracking and color passthrough video for mixed reality, shipping on October 25 in 22 countries — Meta has finally announced the Meta Quest Pro: a $1,499 virtual reality headset it's been teasing for the past year.| Adi Robertson / The Verge: |
Hands-on with Meta Quest Pro: feels like a sophisticated development kit with a thoughtful design, improved controllers, one to two hours of battery, and more — Meta's new high-end headset introduces eye tracking and mixed reality for $1,499 … The first thing I notice with the Meta Quest Pro is the fit.| Tom Warren / The Verge: |
Meta partners with Microsoft to bring Teams, Office, Windows 365, and Xbox Cloud Gaming to Quest VR headsets in the coming months; Teams will use Meta's avatars — Microsoft and Meta looked like they were on a collision course last year, poised to compete heavily for the future of work in the metaverse.| Sam Kessler / CoinDesk: |
| Meta on YouTube: |
A video of Meta's Connect 2022 keynote, showcasing the Quest Pro mixed reality headset, plans for the metaverse, new partnerships, and more — See how we're building the future of the metaverse together, and catch the latest updates, announcements and key moments from Connect 2022.Pre-order Meta Que...| Darrell Etherington / TechCrunch: |
| Bloomberg: |
Sources: Intel is planning major job cuts, likely in the thousands, close to October 27; some divisions, including sales and marketing, could see ~20% cuts — Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope … | Matt Robinson / Bloomberg: |
Source: the US SEC is investigating whether Yuga Labs, the creator of Bored Ape Yacht Club NFTs, violated securities laws by selling its NFTs and ApeCoins — The US Securities and Exchange Commission is investigating Yuga Labs Inc., the creator of the popular Bored Ape Yacht Club collection of NFTs … | Chance Miller / 9to5Mac: |
Kuo predicts that, in the next three to five years, Apple may be able to supply the US market, or ~25% of global shipments, from assembly sites outside of China — Apple analyst Ming-Chi Kuo is out today with some new predictions on how Apple can continue to reduce its reliance on China.| Jay Peters / The Verge: |
Meta announces Horizon Worlds avatars are getting legs using an AI model to predict the body's position, an avatar store, avatars are coming to Reels, and more — Meta's Horizon avatars will be getting legs. So far, the company's avatars have weirdly just hovered off the ground … | Mary Ann Azevedo / TechCrunch: |
Brex, valued at $12.3B in January 2022, lays off 136, or 11% of its staff, as part of a restructuring, and its CFO departs to join HR software startup Rippling — The startup's CFO is departing to join Rippling, which recently entered the spend management space| Scott Stein / CNET: |
A look inside Meta's Reality Labs, featuring demos of a neural input wristband, 3D audio, photorealistic avatars with Codec Avatars 2.0, and 3D object scanning — My visit to a future that isn't quite here yet: neural wristbands, ghostly 3D audio and lifelike avatars. Plus, the new Meta Quest Pro.| Dustin Volz / Wall Street Journal: |
In a rare speech, the UK's GCHQ head Jeremy Fleming warns China's tech ambitions, including a CBDC currency, are a security issue “that will define our future” — Confronting Beijing's technological ambitions is ‘the national security issue that will define our future,’ Jeremy Fleming says| The Verge: |
Q&A with Mark Zuckerberg on the Quest Pro, mixed reality, the Microsoft partnership, metaverse plans, TikTok, BeReal, the Discovery Engine approach, and more — A year after rebranding Facebook to Meta, Mark Zuckerberg is still all in on building the metaverse| Kollen Post / The Block: |
Crypto exchange Bittrex agrees to a $29.3M settlement with the US Treasury Department over potential liability for sanctions violations between 2014 and 2017 — - Bittrex is facing record fines from the U.S. Treasury Department over the exchange's lack of sanctions controls between 2014 and 2017.| Noam Scheiber / New York Times: |
The Department of Labor proposes a rule that would make it harder for companies to classify US workers as independent contractors; Uber and Lyft drop 5%+ — A proposed rule, long awaited by labor activists, would make it harder for companies to classify workers as independent contractors.| Jordan Novet / CNBC: |
Google partners with Coinbase to let some customers pay for cloud services using crypto, starting in 2023; Coinbase will move some apps from AWS to Google Cloud — - Google will start allowing a subset of customers to pay for cloud services with digital currencies early next year.| BBC: |
TikTok plans to take prompt action against “exploitative begging” after an investigation found refugees in Syrian camps pleading for digital gifts on the app — BBC Global Disinformation Unit, BBC News Arabic and BBC Eye Investigations — Refugee families in Syrian camps … | Justin Baer / Wall Street Journal: |
New York grants BNY Mellon, the US' oldest bank, permission to receive some customers' BTC and ETH; BNY will store keys, offer bookkeeping services, and more — Founded by Alexander Hamilton, BNY Mellon is the first large U.S. bank to safeguard digital assets alongside traditional investments| Huw Jones / Reuters: |
The Financial Stability Board publishes nine crypto regulation proposals for public consultation until December 15, planning to finalize suggestions by mid-2023 — Cryptoasset companies should set aside capital like banks when undertaking similar activities, regulators proposed on Tuesday … | Sara Fischer / Axios: |
Over a dozen job openings hint TikTok plans to open fulfillment centers in the US as the company looks to build an “international e-commerce fulfillment system” — TikTok is planning to build its own product fulfillment centers in the U.S., creating an e-commerce supply chain system … | Natasha Mascarenhas / TechCrunch: |
Sources: NYC-based health coaching app developer Noom, reportedly valued at $3.7B in May 2021, laid off 10%, or ~500 people, mostly from its coaching team — Noom, a health coaching platform valued at $3.7 billion last year, is laying off a portion of staff for the second time in a matter of months … | Hannah Miller / Bloomberg: |
PitchBook: venture capital investment in crypto startups declined 37% YoY in Q3 2022 to $4.44B, the industry's lowest level in more than a year — Crypto startups are suffering from this year's mass selloff of digital currencies. Venture capital investment in the industry sank to its lowest level …
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| Washington Post: |