Techmeme
October 27, 2022, 3:25 PM

Top News

Todd Spangler / Variety:
Wall Street Journal:
Sources: ahead of Elon Musk's takeover, advertisers on Twitter are concerned about looser content moderation and potential conflicts of interest for car ads  —  Marketers worry about the Tesla CEO's stance on content moderation, potential conflicts in auto advertising if the Twitter deal completes
Wall Street Journal:
Edward Ludlow / Bloomberg:
Sofia Pitt / CNBC:
Meta's stock plummets 22%+, opening at ~$100, the lowest price since 2016, after Mark Zuckerberg reiterated his commitment to spending billions on the metaverse  —  - The parent company of Facebook reported its second straight quarterly decline.  — Meta's Reality Labs division …
Meta - Investor Relations:
Mia Sato / The Verge:
Sohee Kim / Bloomberg:
Samsung Electronics formally names de facto leader Jay Y. Lee as executive chairman; his ascension was 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 …
The Verge:
Spotify updates its iOS app to remove audiobook purchasing instructions, replaced with a message saying “it's not ideal”, to comply with Apple's App Store rules  —  An update for Spotify's iOS app released Thursday had a big change for its audiobooks vertical — and not for the better.
David Gutman / The Seattle Times:
A Washington judge fines Meta $24.66M, 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.
Financial Times:
Sources: TikTok plans to add a dedicated gaming tab to its app, announced as soon as November 2, featuring ad-supported mobile games and in-game purchases  —  Dedicated tab on platform's homepage is company's first venture beyond videos  —  TikTok is making a big push into gaming …

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Featured Podcasts

Hard Fork:
Tim Cook's Legacy + The Future of U.B.I. With Andrew Yang + HatGPT
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.
The Upstarts Podcast:
Chapter's Cobi Blumenfeld-Gantz: From Palantir To $3B Medicare Disruptor
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Big Technology Podcast:
OpenAI President Greg Brockman on GPT-5.5 "Spud," AI Model Moats, and Cybersecurity Risks
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.
Lenny's Podcast:
How Anthropic's product team moves faster than anyone else | Cat Wu (Head of Product, Claude Code)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Access:
Silicon Valley finally has its "Succession"
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
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.
 

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Reuters:
Tom Warren / The Verge: