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October 31, 2024, 6:25 AM
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Mediagazer
memeorandum
WeSmirchTop News
| Meta Investor Relations: |
Meta reports Q3 revenue up 19% YoY to $40.59B, net income up 35% to $15.69B, and family daily active people up 5% to 3.29B on average for September 2024 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2024.
More: Watcher Guru, PYMNTS.com, Punch Newspapers, SiliconANGLE, The Times, Australian Financial Review, Android Central, Shacknews, Fortune, Shacknews, New York Times, Associated Press, Forbes, Deadline, MarketWatch, Yahoo Finance, Reuters, and Cointelegraph
Threads: @laurengoode, @katieharbath, @rpn, and @lanceulanoff
| Karissa Bell / Engadget: |
Mark Zuckerberg says Threads has almost 275M MAUs and is adding more than a million sign ups per day, while Meta AI has passed 500M MAUs — Threads has surged to reach “almost 275 million” people, Mark Zuckerberg said. — Last month at Meta Connect, Mark Zuckerberg said that Meta AI was …
More: PhoneArena, The Verge, Social Media Today, Moneycontrol, Quartz, and NewsBytes
Threads: @zuck, @alexheath, @ceciliakangwriting, @alexheath, @georgescriban, @lanceulanoff, @ryanschwartztv, @richardlawler, @vishesh92, @abelian_cat, @laurengoode, @pkafka, @alexcartaz, @masonpelt, @mattnavarra, @martinsfp, and @kurtwag8. Mastodon: @SpaceLifeForm@infosec …
X: @swiftstories, @txmctrades, @stockmarketnerd, and @zerohedge
| Wired: |
Zuckerberg says Meta is training Llama 4 models on a cluster of 100K+ H100 chips, “or bigger than anything that I've seen reported for what others are doing” — The race for better generative AI is also a race for more computing power. On that score, according to CEO Mark Zuckerberg, Meta appears to be winning.
More: Moneycontrol, The Verge, AIM, Investopedia, Benzinga, The Register, and NewsBytes
X: @timnitgebru and @peard33
| Sarah E. Needleman / Wall Street Journal: |
Mark Zuckerberg says the company's AI-driven feed and video recommendations have led to an 8% increase in time spent on Facebook and a 6% increase on Instagram — Meta META -0.25%decrease; red down pointing triangle Platforms on Wednesday reported record revenue despite slower digital advertising growth …
More: Fortune, Silicon Republic, Bloomberg, Investor's Business Daily, The Hollywood Reporter, TheStreet, Billboard, CNBC, and Business Insider
Threads: @kalihays1. Bluesky: @cinematological.bsky.social and @jenncutter.bsky.social. Forums: Slashdot
| Jonathan Vanian / CNBC: |
More: MIXED Reality News, UploadVR, and Shacknews
| Microsoft: |
Microsoft reports Q1 revenue up 16% YoY to $65.6B, Microsoft 365 Commercial products and cloud services up 13%, LinkedIn up 10%, and net income up 11% to $24.7B — Microsoft Cloud Strength Drives First Quarter Results REDMOND, Wash. — October 30, 2024 — Microsoft Corp. today announced …
More: Ars Technica, Microsoft, Social Media Today, XboxEra, Neowin, Windows Central, Financial Times, Dot Esports, and GeekWire
| Antonio G. Di Benedetto / The Verge: |
Apple's new MacBook Pro has M4 Pro or Max with 24GB+ RAM and Thunderbolt 5 for $1,999+ (14") or $2,499+ (16"), or M4 with 16GB+ RAM for $1,599+, shipping Nov. 8 — Apple is updating the MacBook Pro and introducing some even more powerful chips. Announced this morning via a low-key press release …
More: Apple, Apple on YouTube, Apple on YouTube, Apple on YouTube, ZDNET, MacRumors, Livemint, MacRumors, AppleInsider, Tom's Guide, iDownloadBlog.com, Press Start, TechEBlog, KnowTechie, TechSpot, Yanko Design, ExtremeTech, Six Colors, MacRumors, Lifewire, CNBC, MakeUseOf, Hindustan Times, WinBuzzer, Thurrott, Tech in Asia, 9to5Mac, MacStories, Stuff, MacRumors, PCMag, and Engadget
Threads: @tookthescenicroute. Mastodon: @davemark@mastodon.social. X: @vadimyuryev, @rsgnl, @mkbhd, @maxwinebach, @tailosivetech, @tim_cook, @vadimyuryev, @migueldeicaza, @vadimyuryev, @ijustine, @elonmusk, @lukemiani, @maxwinebach, @joannastern, @tailosivetech, @brandonbutch, @sdw, @luciascarlet, @aaronp613, @connorjewiss, @connorjewiss, @superscientific, @ranvir2612, @heychazza, @vadimyuryev, @dylanmcd8, @maxwinebach, @markgurman, and @jsnell
Forums: r/blender, r/applesucks, r/JusticeMusic, r/apple, r/macbook, Slashdot, and MacRumors Forums
| Hartley Charlton / MacRumors: |
More: Apple, O'Grady's PowerPage, 9to5Mac, Engadget, TechCrunch, TweakTown, mjtsai.com, MySmartPrice, Benzinga, BGR, GSMArena.com, Business Today, XDA Developers, Guru3D, T3, Cult of Mac, and Engadget
Threads: @migueldeicaza. X: @highyieldyt, @awnihannun, @concept_central, @aapltree, @rsgnl, @dylanmcd8, @vadimyuryev, and @benbajarin
Forums: Hacker News, r/apple, r/mac, and MacRumors Forums
| Andrew Webster / The Verge: |
Nintendo launches Nintendo Music, an iOS and Android app that lets Switch Online subscribers stream or download gaming tunes from Nintendo titles — This time, it's a mobile app called Nintendo Music, which lets users listen to classic gaming tunes from Nintendo games spanning the last few decades …
More: Nintendo of America on YouTube, Nintendo Official Site, 9to5Google, Neowin, Trusted Reviews, Gameranx, TheGamer, AppleInsider, SoraNews24, MacStories, The Indian Express, Tom's Guide, Game Rant, Comic Book, Digital Music News, VICE, IGN, 9to5Toys, Press Start, VG Charts, Gaming Nexus, GoNintendo, Variety, Notebookcheck, and Phandroid
Forums: r/fuckepic, r/starfox, r/Switch, and Slashdot
| Gerrit De Vynck / Washington Post: |
Chinese and Israeli academics predict the AI boom will increase global e-waste by 3% to 12% by 2030, or up to 2.5M metric tons of additional e-waste each year — Most e-waste is never recycled. Data center upgrades for AI projects could significantly add to the problem, researchers say.| New York Times: |
Kraken lays off workers and names Arjun Sethi as co-CEO; sources say the cuts are to 15% of its workforce, or ~400 employees, and include its COO and CTO — The influential cryptocurrency exchange has undergone several reorganizations in recent years. — Kraken, one of the world's largest …
More: Kraken Blog, Kraken, Cryptopolitan, CryptoGlobe, Cryptonews, The Information, Cointelegraph, Decrypt, Bloomberg, crypto.news, Blockworks, and CryptoSlate
| Tanaya Macheel / CNBC: |
Coinbase reports Q3 revenue up 79% YoY to $1.21B, vs. $1.26B est., a $75M net income, vs. a $2.3M loss in Q3 2023, and announces a $1B stock buyback — - CNBC Councils — CNBC on Peacock — Join the CNBC Panel — Supply Chain Values — Select Shopping — Ad Choices| Kali Hays / Fortune: |
Internal memo: Block CEO Jack Dorsey says Tidal is in for another mass layoff; insiders say as many as 100 people could be laid off, or ~25% of Tidal's staff — Block CEO and founder Jack Dorsey wants streaming music app Tidal to operate like a startup again - and that means layoffs
More: Proactive, San Francisco Chronicle, Digital Music News, and Benzinga
| Financial Times: |
China sanctions Skydio, the US' largest drone maker and a supplier to Ukraine's military; sources say Skydio is rushing to find new suppliers for critical parts — Skydio, the US's largest drone maker and a supplier to Ukraine's military, faces a supply chain crisis after Beijing imposed sanctions …
More: Wall Street Journal and DroneXL.co
Mastodon: @kevinrothrock@infosec …. X: @avidcommentator, @jorge_guajardo, @samgoodman22, @noahpinion, @jhl_express, @repmeijer, @softminus, @collinslkoh, @doggydog1208, and @dimi
| John O'Nolan: |
John O'Nolan, CEO of open-source CMS Ghost, outlines the organization's governance structure and says the platform generates around $7.5M in annual revenue — Ghost is a distributed non-profit foundation which gives away all of its intellectual property under a permissive MIT license.
Threads: @prschulz, @dvdwinden, and @quillmatiq. Mastodon: @ben@werd.social
X: @markjaquith, @johnonolan, @drdevroy, and @duanestorey
| New York Times: |
Former FTX chief engineer Nishad Singh avoids prison time over his role in the collapse of FTX, after a US judge lauded his cooperation with prosecutors — Mr. Singh, who was a top executive in Sam Bankman-Fried's business empire, had pleaded guilty to fraud and campaign finance violations that contributed to the collapse of FTX.| Washington Post: |
CCDH: of 283 X posts in 2024 with false election claims that Community Notes members had responded to, only 20 had notes with enough votes to be publicly shown — X's crowdsourced fact-checking program has been hailed as a bold idea for social media. Research shows it's failing at a critical moment.| Jason Schreier / Bloomberg: |
Many long-time game workers are ditching large productions in favor of smaller teams, enabled by growing accessibility of Unreal Engine and other powerful tools — Thanks in part to the growing accessibility of powerful game-making tools, pared-down studios are proliferating
More: Game Developer. X: @thecarteldel, @ckaleiki, @dirtyeffinhippy, @seanthebaptiste, @jasonschreier, @jasonschreier, and @nazihfares
LinkedIn: Nate Purkeypile, Del Walker, and Heather C.
Forums: r/pcgaming and r/Games
| Bloomberg: |
Analysis: Taiwan has become Asia's best performing major stock market in 2024 thanks to TSMC and others, which make almost all of the critical AI hardware — - Stock market is hottest major Asian exchange thanks to AI — 'Taiwan is really the engine that's driving AI,' says analyst
More: TweakTown
| Daniel Zuidijk / Bloomberg: |
Ubisoft reports Q2 net bookings down 36% YoY to €352.3M, vs. €368M est., and expects Q3 net bookings of €380M, down from €626M in Q3 2023, as its big games flop — - Expects net bookings over lucrative holiday season to be down — Success of Assassin's Creed Shadows in February is critical
More: PC Games Insider, Reuters, 80 Level, VentureBeat, and GamesIndustry.biz
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