|
October 27, 2022, 4:50 AM
|
Mediagazer
memeorandum
WeSmirchTop News
| Meta - Investor Relations: |
Meta reports Q3 revenue down 4% YoY to $27.7B, net income down 52% YoY to $4.4B, family daily active users up 4% YoY to 2.93B, staff up 28% YoY; stock down 20%+ — MENLO PARK, Calif. - October 26, 2022 - Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2022.
More:
Ed Zitron's Where's Your Ed At, Bloomberg, The Verge, Engadget, The Register, New York Times, Bloomberg, Mobile Dev Memo, CNBC, Seeking Alpha, Financial Times, Insider, Reuters, MarketWatch, New York Magazine, Financial Times, Wall Street Journal, Forkast, MindWar, The Great Reset Diary 2022, ZDNet, Search Engine Journal, PC Gamer, Social Media Today, Newser, MBI Deep Dives, CoinDesk, TrackRecord Daily, and Washington Post
Tweets: @zerohedge, @munster_gene, @carlquintanilla, @munster_gene, @conorsen, @bgurley, @malwaretechblog, @sarahfrier, @dansolomon, @thestalwart, @antoniogm, @mikeisaac, @gavinsbaker, @dougboneparth, @robenfarzad, @modestproposal1, @anshelsag, @howardlindzon, @eric_seufert, @edzitron, @levynews, @shiraovide, @shiraovide, @munster_gene, @kalinh, @fbbagholder, @thestalwart, @jyarow, @karissabe, @munster_gene, @jamespmcleod, @verdetrades, @munster_gene, @mikeisaac, @timothynoah1, @jimcramer, @mikeinspace, @wsbchairman, @profitstaken, @jeffhorwitz, @jason_kint, @dailydirtnap, @edzitron, @bdsams, @rmac18, @rihardjarc, @bdsams, @arty_burton, @teroterotero, @jimcramer, @howardlindzon, @pt, @alexjamesfitz, @ecommerceshares, @edbott, @edzitron, @shiraovide, @stillgray, @jason, @jason_kint, @jimcramer, @revshark, @shiraovide, @mmasnick, @levynews, @pathedger18, @antoniogm, @teroterotero, @mikeisaac, @mikeisaac, @davewiner, @sarahfrier, @munster_gene, @karlbode, @munster_gene, and @shiringhaffary
| Nelson Wang / CoinDesk: |
Meta reports Reality Labs had a $3.67B loss in Q3 on $285M in revenue, vs. $406M est., and says the unit's operating loss will grow “significantly” in 2023 — Meta's revenues for the division came in at $285 million, down from $452 million in the second quarter.
More:
The Block, TechCrunch, Bitcoinist.com, Blockworks, TechCrunch, TheStreet, Silicon Valley Business …, and San Francisco Business Journal
Tweets: @marionawfal, @firstadopter, @jerrycap, @pkafka, @sadlyitsbradley, @cixliv, @sal19, @cixliv, @tomwarren, @alexeheath, @rsg, @tonyromm, @cixliv, @firstadopter, @stevekovach, @nickstatt, @rustybrick, @richlightshed, @alistairmbarr, @jerrycap, @lanceulanoff, @loudmouthjulia, @cixliv, and @cixliv
| Nick Statt / Protocol: |
More:
IGN, Pocket-lint, TechCrunch, Game Rant, Road to VR, CNET, Shacknews, PYMNTS.com, Engadget, Laptop Mag, BGR, and UploadVR
Tweets: @alexhcranz, @jank0, @davezatz, @nickstatt, @sadlyitsbradley, @epro, and @nickstatt
| Edward Ludlow / Bloomberg: |
Elon Musk changes his Twitter bio to “Chief Twit” and visits the company's San Francisco office; Twitter tells staff they'll “hear directly from him on Friday” — Elon Musk made his presence felt at Twitter's San Francisco headquarters Wednesday …
More:
Bloomberg, New York Times, Reuters, The Hill, CNBC, Ars Technica, Wall Street Journal, International Business Times, Fossbytes, New York Post, Coinpedia Fintech News, Insider, CNN, The Economic Times, TechCrunch, Newser, BBC, CoinDesk, Mashable, CoinGape, Livemint, Digital Trends, Deadline, and Australian Financial Review
Tweets: @elonmusk, @elonmusk, @donie, @kyliebytes, @rmac18, @teroterotero, @karlbode, @carlquintanilla, @teroterotero, @karlbode, @donie, @compilesandruns, @mmasnick, @gossithedog, @tszzl, and @gartenberg
| Kirsten Korosec / TechCrunch: |
Autonomous vehicle startup Argo AI, which raised $2.6B+, is shutting down; sources say parts of the company and some employees would be absorbed by Ford and VW — Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $1 billion investment, is shutting down …
More:
Financial Times, Forbes, MarketWatch, Engadget, Wall Street Journal, Bloomberg, Slashdot, SiliconANGLE, SlashGear, The Robot Report, Reuters, CNN, Technical.ly, Digital Trends, Detroit News, and Axios
Tweets: @jswatz, @jotrader4, @rodneyabrooks, @amir, @alex_avoigt, @garymarcus, @tslafanmtl, @grady_booch, @john__rosevear, @jason, and @somospostpc
| Tom Warren / The Verge: |
Microsoft says Xbox Game Pass is profitable and accounts for ~15% of Xbox's content and services revenue, after sharing PC Game Pass subscriptions rose 159% YoY — Microsoft Gaming CEO Phil Spencer has revealed that the company's Xbox Game Pass subscription service is already profitable.
More:
The Verge, Android Authority, Video Games Chronicle, Neowin, 9to5Google, BGR India, Kotaku, Engadget, TheGamer, BGR, Wccftech, Android Headlines, Sports Business Journal, MobileSyrup, and Stevivor
Tweets: @tomwarren, @tomwarren, @k__med, @kmega4, @jmaine518, @vicious696, @iansherr, and @destinlegarie
| Sohee Kim / Bloomberg: |
Samsung Electronics formally names de facto leader Jay Y. Lee executive chairman; his ascension had been delayed by graft investigations and two stints in jail — Samsung Electronics Co. named Jay Y. Lee executive chairman of South Korea's largest company, finalizing a long-anticipated elevation …
More:
Samsung Newsroom, The Verge, Reuters, Nikkei Asia, CNN, BBC, SamMobile, CNET, and Nikkei Asia
| Steven Musil / CNET: |
Samsung reports Q3 operating profit down 31%+ YoY to $7.65B, the first decline in ~3 years, revenue up ~4% YoY to $54.1B, and semiconductor sales down 14% YoY — Samsung's quarterly profit declined in the third quarter for the first time in nearly three years economic uncertainty continues … | 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 …
More:
Ars Technica, SiliconANGLE, SlashGear, Insider, The Register, Bloomberg, Forbes, Gizmodo, and dot.LA
Tweets: @reuters, @mountainherder, @karlbode, @karlbode, @mccarthyryanj, and @filippie509
| Chance Miller / 9to5Mac: |
Apple patches a bug in iOS 16.1 and macOS Ventura that could let apps with Bluetooth access record user conversations with Siri without needing mic access — Apple released iOS 16.1 and macOS Ventura to the public this week. In addition to headlining new features and changes, there are also essential security fixes as well.
Source:
Rambo Codes. More:
iPhone in Canada Blog
Tweets: @pirafrank, @_chuckyc, @lapcatsoftware, and @jonathan_wise
| Jon Victor / The Information: |
Andy Rubin incorporated home security monitoring software startup Simple Things in July 2020 and appears to have hired staff from his defunct startup Essential — Andy Rubin is planning his next act. — The former Google executive, who received a $90 million severance package following … | David Gutman / The Seattle Times: |
A Washington judge fines Meta ~$24.7M, the maximum possible amount, after finding the company intentionally violated campaign finance disclosure laws 822 times — Meta, Facebook's parent company, was fined nearly $25 million Wednesday for intentionally and repeatedly violating Washington's campaign finance laws.
More:
Washington State, Seattle Business Journal, and GeekWire
Tweets: @elijsanders, @agowa, @elijsanders, @katieharbath, @brierdudley, @jvagle, @elijsanders, @evelyndouek, @karlbode, and @jason_kint
| The Wire: |
The Wire apologizes, saying technical evidence should have been independently verified and that it was deceived “by a member of our Meta investigation team” — Last week, The Wire formally retracted its Meta stories after conducting an internal review of the technical source material used …
More:
The Verge and OpIndia
Tweets: @thewire_in, @caseynewton, @newspaperwallah, @potaxalum, @saiarav, @film_girl, @pratyasharath, @film_girl, @vishwanathsarng, @opindia_com, @caseynewton, @tweetinderkaul, @indiaspeakspr, @film_girl, @pratyasharath, @svaradarajan, @evacide, @film_girl, @adityamenon22, @pratyasharath, @sjckannadiga, @aditi_muses, @film_girl, @mmasnick, @film_girl, @film_girl, @autiqueering, and @pratyasharath
| 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, BGR India, Wall Street Journal, SlashGear, and XDA Developers
Tweets: @parismartineau, @jessicalessin, @viticci, @mcwm, @samifathi_, @parkerortolani, @stroughtonsmith, @stroughtonsmith, @bengeskin, @gartenberg, and @anm
| Mack DeGeurin / Gizmodo: |
The UK's ICO warns organizations about the risks of using “emotional analysis” tech, and plans to publish its biometric guidance in spring 2023 — The watchdog's deputy commissioner warned the tech wasn't backed by science and that any benefits were outweighed by the risks. — Alerts
More:
Information Commissioner's … and The Guardian
Tweets: @iconews, @alexhern, @katecrawford, and @privacymatters
| Han Chen / Axios: |
Report: US state and local governments kept buying Chinese telecom equipment despite a federal-level ban; only five states have rules to limit such purchases — Despite federal efforts to block Chinese telecom equipment from U.S. supply chains, state and local governments across …
More:
Center for Security …, Nextgov, StateScoop, and Defense One
Tweets: @csetgeorgetown, @loopemma, @joshuasteinman, @mytechmusings, and @williamyang120
Sponsor Posts
Command Line:
Copilot to autopilot: Why no single safeguard is enough — Microsoft designed a layered model that lets an AI agent resolve network incidents on its own within defined boundaries.
Copilot to autopilot: Why no single safeguard is enough — Microsoft designed a layered model that lets an AI agent resolve network incidents on its own within defined boundaries.
Will Reed:
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
The best sales leaders aren't job hunting. Here's how to reach them without months of cold outreach. — Our team came from Box, Square, and Brex, so we already know the GTM leaders worth meeting.
Zoho:
UK tax compliance with Zoho Books — The evolving tax landscape in the UK has added an additional responsibility to business owners, accountants, and bookkeepers to ensure their choice of accounting software supports compliance …
UK tax compliance with Zoho Books — The evolving tax landscape in the UK has added an additional responsibility to business owners, accountants, and bookkeepers to ensure their choice of accounting software supports compliance …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce 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:
Google CEO Sundar Pichai: AI's Infinite Possibilities, Compute Scarcity Dilemmas, Future AI Products
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.
Cheeky Pint:
How Toto Wolff built the most valuable team in F1
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Training Data:
Inside the Robot Data Factory: Mecka's Josh Gao on Sensorizing Humans to Train Robots
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
Christina Cacioppo - Building an Enduring Software Company in the Age of AI
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Grit:
The 20-Year Bet to Make Fusion Energy Work | Jeff Lawson
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
About This Page
This is a Techmeme archive page. It shows how the site appeared at 4:50 AM ET, October 27, 2022.
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.
From Mediagazer
Steven McIntosh / BBC:Bloomberg:
Tanya Fedak / Variety:
Upcoming Tech Events
Earlier Picks
| Aaron Tilley / Wall Street Journal: |
Tweets: @mims, @davvyk, @jeffhorwitz, @joepwilliams31, @smashdawg, @aatilley, @bartronpolygon, @avibarzeev, and @ericbellmanwsj
| Joe Rossignol / MacRumors: |
More:
Engadget, Read and Share Twitter …, AppleInsider, Livemint, AppleInsider, BGR, FOSS Patents, iThinkDifferent, Cult of Mac, 9to5Mac, Pixel Envy, and iMore
Tweets: @simonbs, @basicappleguy, @viticci, @marcoarment, @hot_doggin_jon, @cabel, @gruber, @jasoneccles, @frederikriedel, @simonbs, @simonbs, @fromedome, @sub8u, @notspamipromise, @marcoarment, @cabel, @wolfiechristl, @gte, @johnvoorhees, @willrbishop, @chris_lawley, @krausefx, @benedictevans, @rauschma, @chrismessina, @djbentley, @rsgnl, @chrisfnicholson, @gruber, @cabel, @rsgnl, @jonkeegan, @seyitaylor, and @darth