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October 26, 2022, 4:40 PM
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memeorandum
WeSmirchTop News
| Joe Rossignol / MacRumors: |
After Apple rolls out its new App Store ad units, prominent developers complain about gambling ads appearing in their app listings with no way to turn them off — Apple today rolled out new ad placements in the App Store on the iPhone, allowing developers to advertise their apps in more places …
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AppleInsider, BGR, AppleInsider, AppleInsider, iPhone Hacks, FOSS Patents, KnowTechie, Macworld, iMore, and Financial Times
Tweets: @simonbs, @marcoarment, @cabel, @basicappleguy, @viticci, @hot_doggin_jon, @wolfiechristl, @gruber, @hot_doggin_jon, @simonbs, @stuntpants, @stuntpants, @fromedome, @stroughtonsmith, @simonbs, @gte, @jasoneccles, @rauschma, @eshumarneedi, @alexeheath, @apollozac, @tapbot_paul, @fahim_al_mahmud, @wolfiechristl, @gartenberg, @cabel, @krausefx, @mr_james_c, @jesslynnrose, @johnbalestrieri, @rsgnl, @antumbral, @eslivka, @uzmabarlaskar, @sub8u, @pt, @thomasfuchs, @snazzyq, @radiantav, @reinholdkesler, @stuntpants, @benedictevans, @tariqkrim, @gergelyorosz, @jamesthomson, @asallen, @gruber, @seyitaylor, @darth, @mikemilzz, @marcoarment, @keleftheriou, @gruber, @rsgnl, @bzamayo, @sdw, @pdparticle, @drbarnard, @viticci, @parkerortolani, @marcoarment, and @keleftheriou
| Edward Ludlow / Bloomberg: |
Elon Musk changes his Twitter bio to Chief Twit and visits the company's San Francisco office; memo to employees: “you'll all hear directly from him on Friday” — Elon Musk made his presence felt at Twitter's San Francisco headquarters Wednesday, posting a video clip of himself walking …
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The Hill, Financial Times, Forbes, Reuters, CNN, TheStreet, Fortune, New York Times, TechCrunch, The Block, The Economic Times, Insider, CNBC, New York Post, iPhone in Canada Blog, iMore, The Register, Ethereum World News, TechCircle, and Cointelegraph
Tweets: @elonmusk, @donie, @kyliebytes, @carlquintanilla, and @donie
| Berber Jin / Wall Street Journal: |
Sources: a16z's flagship crypto fund is down ~40% in H1 2022, above the 10%-20% losses at rival funds; a16z dramatically slowed its crypto investments in 2022 — Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’ — Crypto Crashed, Coinbase's Stock Followed: What Went Wrong
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The Block, Crunchbase News, Blockworks, Protocol, Watcher Guru, Decrypt, Cointelegraph, Protos, and CoinDesk
Tweets: @cararlombardo, @wublockchain, @berber_jin1, @paleofuture, @dhm, @eliotwb, @iankar_, @mayazi, @mayazi, @cavandy, @riddle245, @carnage4life, @somospostpc, and @0xcrypton
| Nelson Wang / CoinDesk: |
Meta's Reality Labs division posts a $3.67B loss for Q3 2022 on $285M in revenue vs. $406M est., up from its Q2 2022 loss of $2.81B on $452M in revenue — Meta's revenues for the division came in at $285 million, down from $452 million in the second quarter.
More:
The Block and TheStreet
Tweets: @tomwarren, @rsg, @richlightshed, @jerrycap, @firstadopter, @gavinsbaker, @nickstatt, @firstadopter, @lanceulanoff, @jerrycap, @pkafka, @alexeheath, @stevekovach, @tonyromm, and @rustybrick
| Meta - Investor Relations: |
Meta Q3: revenue down 4% YoY to $27.7B, net income down 52% YoY to $4.4B, family daily active people up 4% YoY to 2.93B, headcount up 28% YoY; stock drops 10%+ — MENLO PARK, Calif. - October 26, 2022 - Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2022.
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San Francisco Chronicle, MarketScreener, Variety, MarketWatch, AlphaStreet, and CNBC
| Reuters: |
Sources: the US DOJ launched a criminal probe into Tesla in 2021 that is still underway, following over a dozen crashes, some fatal, with Autopilot activated — Tesla Inc (TSLA.O) is under criminal investigation in the United States over claims that the company's electric vehicles can drive themselves …
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TechCrunch
| Wayne Ma / The Information: |
Source: Apple is working on an iPad with a 16-inch screen, the largest iPad yet and in line with the company's largest laptop, and is planning a Q4 2023 release — Apple is developing its largest iPad yet, a model with a 16-inch screen that it hopes to release in the fourth quarter of next year …
More:
MacRumors, The Verge, Android Authority, Macworld, AppleInsider, Digital Trends, 9to5Mac, iThinkDifferent, Redmond Pie, iPhone in Canada Blog, Notebookcheck.net, Pocket-lint, BGR, Cult of Mac, iMore, and iClarified
Tweets: @parismartineau, @anm, @samifathi_, @bengeskin, @jessicalessin, @rsgnl, @stroughtonsmith, and @mcwm
| Emma Roth / The Verge: |
Spotify says Apple's behavior is “choking competition” after Apple rejected its proposed audiobook purchasing process three times for breaking App Store rules — The company called Apple practices “anticompetitive” and said it was “choking competition” in a blog post published …
More:
New York Times, Forbes, Spotify, Neowin, City A.M., 9to5Mac, iThinkDifferent, iMore, Gizchina, Engadget, Fortune, and Digit
Tweets: @eldsjal, @elonmusk, @ballmatthew, @timsweeneyepic, @_kylejs_, @dangillmor, @pat_garofalo, @nirzicherman, @dariuszdziuk, @wolfejosh, @brandonking4787, @jeffjarvis, @trippmickle, @chrisamccoy, @balestrapatrick, @jherskowitz, @benedictevans, @timsweeneyepic, @timsweeneyepic, @neilkatz, @migueldeicaza, @benedictevans, and @shiraovide
| Alex Heath / The Verge: |
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Read and Share Twitter …, AppleInsider, Bloomberg, TheStreet, XDA Developers, CNBC, ExtremeTech, Philip Elmer‑DeWitt, AppleInsider, 9to5Mac, iPhone in Canada Blog, Android Authority, Mobile Dev Memo, Mashable, MacRumors, iThinkDifferent, and BGR India
Tweets: @nickstatt, @uwukko, @richlightshed, @michaelzimmer, @mergesort, @film_girl, @uwukko, @anildash, @fosspatents, @nikitonsky, @sal19, @stalman, @tonyarnold, @gartenberg, @alexeheath, @gfodor, @akindolu, @michaelbtech, @exiledsurfer, @markgutman9, @anshelsag, @bcmerchant, @alexeheath, @dangillmor, @jameshercher, @madthunderdome, and @axelroark
| Lauren Hirsch / New York Times: |
A profile of Delaware Chancery Court judge Kathaleen McCormick, who is overseeing the Elon Musk-Twitter lawsuit and set an October 28 deadline to close the deal — Kathaleen St. J. McCormick, the chief judge of Delaware's Chancery Court, gave Mr. Musk until Friday to acquire Twitter.| Aaron Tilley / Wall Street Journal: |
A look at HoloLens' development, as Microsoft ceded its early lead in AR to Meta and others; one executive blames a lack of money and people behind the effort — Problems plagued development of its HoloLens augmented reality headset; ‘we had the opportunity to own this market’
More:
Insider and Thurrott
Tweets: @mims, @jeffhorwitz, @joepwilliams31, @smashdawg, @ericbellmanwsj, @aatilley, and @avibarzeev
| Steve Johnson / Financial Times: |
Analysis: one year after the most successful ETF launch to date, ProShares' bitcoin ETF has lost ~$1.2B of investors' money as its share price has dropped 70% — BITO's 70 per cent decline suggests it has burnt through $1.2bn of investors' cash — One year after its record-breaking launch … | Clare Duffy / CNN: |
LinkedIn starts letting users verify their profile with a work email address or phone number and plans to alert users if a message they receive seems suspicious — Here's how Elon Musk calculated the number of bots on Twitter — Robot artist Ai-Da reset while speaking to UK politicians
More:
LinkedIn Official Blog, BleepingComputer, Mo's Letter, TechRadar, Silicon Republic, and BGR India
Tweets: @claresduffy, @tonyajoriley, @byjulialove, @lamonicabuzz, @caseynewton, and @rachelmetz
| Richard Vanderford / Wall Street Journal: |
Google agrees to improve its compliance program for legal demands in a settlement with the US DOJ, which said Google lost data sought by investigators in 2016 — The tech company will be monitored by a compliance professional after the Justice Department said Google lost data sought in a U.S. investigation
More:
The Register, Blockworks, and U.S. Department of Justice
| Ashley Capoot / CNBC: |
Mobileye's stock pops 37.95% on its first day of trading after spinning out from Intel — - Shares of self-driving car technology company Mobileye climbed in their first day of trading on Wednesday after Intel sold stock to the public. — Intel bought the Israeli company for $15.3 billion in 2017 … | Echo Wang / Reuters: |
| Reuters: |
SK Hynix warns memory chip demand faces an “unprecedented deterioration” and reports Q3 2022 operating profit fell 60% YoY to ~$1.16B amid soaring inflation — South Korea's SK Hynix Inc (000660.KS) warned on Wednesday of an “unprecedented deterioration” in memory chip demand …
More:
Bloomberg, Nikkei Asia, Tom's Hardware, Protocol, Wall Street Journal, Bloomberg, Financial Times, and Bloomberg
Tweets: @martijnrasser, @chengtingfang, and @pstasiatech
| Jon Swartz / MarketWatch: |
Alphabet reports Google ad sales of $54.5B in Q3, up from $53.1B YoY, missing estimates of $56.6B, and Google Search revenue of $39.5B, up from $37.9B YoY — Total Google ad sales miss expectations by more than $2 billion as Alphabet revenue grows at its slowest pace in more than two years
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CNBC, The Motley Fool, Financial Times, NBC Bay Area, Yahoo News, Search Engine Journal, BBC, Forbes, and Mobile Dev Memo
Tweets: @eric_seufert, @jenn_elias, @jason_kint, @marketwatch, and @kantrowitz
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