| Wall Street Journal: |
Internal documents: Facebook's AI has minimal success enforcing its rules against problematic content, including removing just an estimated 3%-5% of hate speech — AI has only minimal success in removing hate speech, violent images and other problem content, according to internal company reports| Kim Lyons / The Verge: |
Facebook disputes WSJ report, saying the prevalence of hate speech on the platform dropped by 50% over the past three years to about 0.05% of content viewed — The Wall Street Journal said in a new report that Facebook's AI is not consistently successful at removing objectionable content| Juli Clover / MacRumors: |
What to expect from Apple's Unleashed event on Monday: 14-inch and 16-inch MacBook Pros with mini-LED, AirPods 3, redesigned Mac mini, and macOS Monterey launch — Apple's first fall event of 2021 focused on the iPhone and the Apple Watch, but the second, set to be held on Monday, October 18, is expected to be Mac-centric.| Mark Gurman / Bloomberg: |
A Mac developer says new MacBook Pro chips named M1 Pro and M1 Max appeared in app logs; sources: MacBook Pros will regain MagSafe and may lose the Touch Bar — This is the free version of Power On. If you like it, consider subscribing to Bloomberg.com—you'll receive this newsletter several hours earlier … | Patrick McGee / Financial Times: |
Analysis: Apple Search Ads now account for 58% of iOS app installs from an ad click, up from 17% a year ago; Apple to earn $5B from its ads business in FY 2021 — iPhone maker's share of mobile app advertising market has tripled in six months — Apple's advertising business has more than tripled … | Reuters: |
Five US House Judiciary committee members write to Amazon accusing executives of either misleading Congress or lying about promoting its brands above rivals — Five members of the U.S. House Judiciary committee wrote to Amazon.com Inc's chief executive Sunday, and accused the company's top executives … | Bloomberg: |
Sources: China is considering asking Tencent, ByteDance, and other media companies to let rivals access and display their content in search results — - MIIT may ask Tencent to allow Baidu, others to search WeChat — If implemented, it could shake up the online advertising arena| Cynthia O'Murchu / Financial Times: |
Nine UK schools to start taking payments for lunches by scanning students' faces, claiming that the system speeds up queues and is more COVID-safe — Advocates say they speed up queues, but privacy campaigners query whether they are necessary — Facial recognition computers have found … | Mary Ann Azevedo / TechCrunch: |
Deel, which provides tools for payroll, compliance, and other services to help remote hiring, raises a $425M Series D led by Coatue at a $5.5B valuation — As more people continue to work remotely, organizations globally have had to adjust — particularly when it comes to onboarding … | New York Times: |
NYSE says ProShares will launch an exchange-traded fund (ETF) linked to Bitcoin futures, giving investors exposure without having to hold bitcoin directly — An exchange-traded fund tied to the cryptocurrency is set to begin trading on the New York Stock Exchange, a milestone for the industry.| Catalin Cimpanu / The Record: |
In an SEC filing, Sinclair confirms it suffered a ransomware attack that disrupted its channels on Sunday; Sinclair initially blamed technical issues — TV broadcasts for Sinclair-owned channels have gone down today across the US in what the stations have described as technical issues … | Lucas Shaw / Bloomberg: |
Internal document: Netflix estimates Squid Game will create almost $900M in value for the company; 87M viewers finished the series in the first 23 days — More than 130 million people have watched the Korean show — Netflix estimates that its latest megahit, “Squid Game,” …
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| Christopher Mims / Wall Street Journal: |
| Connie Guglielmo / CNET: |
| Eliot Brown / Wall Street Journal: |
| Julie Jargon / Wall Street Journal: |
| Mitchell Clark / The Verge: |