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October 26, 2022, 4:25 PM
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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, AppleInsider, BGR, AppleInsider, iPhone Hacks, KnowTechie, FOSS Patents, Macworld, iMore, Financial Times, and CNBC
Tweets: @simonbs, @marcoarment, @cabel, @basicappleguy, @viticci, @hot_doggin_jon, @wolfiechristl, @gruber, @hot_doggin_jon, @simonbs, @stuntpants, @stuntpants, @fromedome, @stroughtonsmith, @gte, @simonbs, @jasoneccles, @rauschma, @eshumarneedi, @alexeheath, @stuntpants, @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, @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 Economic Times, The Block, Insider, CNBC, New York Post, iPhone in Canada Blog, iMore, Ethereum World News, The Register, TechCircle, Cointelegraph, and SlashGear
Tweets: @elonmusk, @donie, @kyliebytes, @carlquintanilla, and @donie
| 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 …
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MacRumors, The Verge, Android Authority, Macworld, AppleInsider, Digital Trends, 9to5Mac, iThinkDifferent, Redmond Pie, iPhone in Canada Blog, Cult of Mac, iMore, BGR, Pocket-lint, and iClarified
Tweets: @parismartineau, @anm, @samifathi_, @bengeskin, @jessicalessin, @rsgnl, @stroughtonsmith, and @mcwm
| 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, Silicon Valley Business …, Crunchbase News, Blockworks, Protocol, Watcher Guru, Decrypt, Cointelegraph, Protos, and CoinDesk
Tweets: @berber_jin1, @cararlombardo, @wublockchain, @paleofuture, @dhm, @eliotwb, @iankar_, @mayazi, @mayazi, @cavandy, @riddle245, @carnage4life, @somospostpc, and @0xcrypton
| 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
| Alex Heath / The Verge: |
Meta says Apple updated its App Store rules to require IAPs for social media “boosts” to grow its business “while undercutting others in the digital economy” — Just when I thought the relationship between Apple and Meta couldn't get more hostile, here we are.
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Read and Share Twitter …, AppleInsider, Bloomberg, 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, @fosspatents, @uwukko, @anildash, @nikitonsky, @sal19, @stalman, @tonyarnold, @gartenberg, @alexeheath, @gfodor, @akindolu, @michaelbtech, @exiledsurfer, @markgutman9, @anshelsag, @bcmerchant, @alexeheath, @dangillmor, @jameshercher, @madthunderdome, @axelroark, @chrismessina, and @mattnavarra
| Emma Roth / The Verge: |
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New York Times, Forbes, Spotify, Neowin, City A.M., 9to5Mac, iThinkDifferent, iMore, Gizchina, Fortune, Engadget, Digit, Digital Music News, and Music Ally
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
| 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.| Meta: |
Meta Q3: revenue of $27.7B, down 4% YoY, net income of $4.4B, down 52% YoY, 2.93B family daily active people, up 4% YoY, headcount up 28% YoY; stock drops 8%+ — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2022.
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CoinDesk, TheStreet, San Francisco Chronicle, MarketScreener, Variety, AlphaStreet, and CNBC
Tweets: @anshelsag, @eric_seufert, @levynews, @jyarow, @mikeisaac, @tonyromm, and @rustybrick
| 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 … | 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, Thurrott, and MarketWatch
Tweets: @smashdawg, @avibarzeev, @mims, @jeffhorwitz, @joepwilliams31, @ericbellmanwsj, and @aatilley
| 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 …
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Reuters, CRN, Fortune, and Silicon Valley Business …
| 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 …
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Bloomberg, Nikkei Asia, Tom's Hardware, Protocol, Wall Street Journal, Bloomberg, Financial Times, Bloomberg, South China Morning Post, and ZDNet
Tweets: @martijnrasser, @chengtingfang, and @pstasiatech
| 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
| Omose Ighodaro / Bloomberg: |
An interview with Kickstarter CEO Everette Taylor, appointed in September 2022, on running the company as a Black man, diversity and UX plans, bias, and more — Kickstarter, the crowd-funding platform, is looking to Everette Taylor, its new chief executive officer, to return the company to its core values.| Anne Steele / Wall Street Journal: |
Spotify CEO Daniel Ek says US subscribers can expect price hikes in 2023, after recent increases by Apple and YouTube; Premium has cost $9.99/month since 2011 — Audio streaming giant surpassed growth forecasts, increasing monthly active users by 20% to reach 456 million
More:
Deadline, XDA Developers, Silicon Republic, Thurrott, iMore, KnowTechie, ExchangeWire.com, Android Headlines, Music Ally, Insider, and Mint Insights
Tweets: @richlightshed and @richlightshed
| Dawn Chmielewski / Reuters: |
More:
Spotify, Spotify, Variety, XDA Developers, Android Headlines, Coinspeaker, CNBC, and The Verge
| 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
More:
CNBC, The Motley Fool, Financial Times, NBC Bay Area, Search Engine Journal, Yahoo News, BBC, Forbes, Mobile Dev Memo, and CNN
Tweets: @eric_seufert, @jenn_elias, @jason_kint, @marketwatch, and @kantrowitz
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