| ABC News: |
Trump announces the Trump Media & Technology Group and TRUTH Social, a social network coming in Nov. to “stand up” to Big Tech, in the App Store for preorder — The former president has been banned from several platforms. — Silenced by many major platforms … | Oversight Board: |
Facebook's Oversight Board releases a report demanding more transparency, including for its “cross-check” system, and says 524K appeals have been submitted — Over the last several weeks, media reporting has drawn renewed attention to the seemingly inconsistent … | Casey Newton / Platformer: |
Sources: Mark Zuckerberg has not settled on a new name for Facebook, which could be announced as early as Monday — See you Monday! — Facebook is changing its name. Perhaps you heard. The news was broken by Alex Heath of The Verge on Tuesday night, and I've since confirmed it with sources of my own.| Sam Rutherford / Gizmodo: |
Nvidia's GeForce Now cloud gaming service adds a $100/month tier with RTX 3080 GPU, hosted inside a bespoke SuperPod server, offering 1440p games at 120fps — Thanks to new custom servers equipped with RTX 3080 GPUs, GeForce Now will support game streaming at up to 1440p at 120fps—but it'll cost you.| Danny Nelson / CoinDesk: |
Bahamas-based crypto exchange FTX raises a $420.69M Series B-1 at a $25B valuation from 69 investors, including BlackRock and Tiger Global — It's a nice Series B-1 for Sam Bankman-Fried's crypto exchange following a $900 million mega-round earlier this year. — FTX has memed itself into another massive funding round.| Mark Gurman / Bloomberg: |
Apple product orders, including iPad mini, MacBook Pro, and $19 cleaning cloth, are delayed into November and December due to chip shortages and other issues — - Store employees say supply situation is the bleakest in years — Latest iPhones, iPads, Macs and watches all see long delays| Wall Street Journal: |
US Consumer Financial Protection Bureau announces a broad investigation into consumer data practices at Amazon, Facebook, Apple, Google, and others — Consumer Financial Protection Bureau is expected to seek information on how those firms and others use consumers' financial information| Ben Sisario / New York Times: |
PleasrDAO, a group of digital asset collectors, says it created an NFT that will stand as an ownership deed for Wu-Tang Clan's one-of-a-kind physical album — The government sold “Once Upon a Time in Shaolin” to satisfy a judgment against its first owner, Martin Shkreli.| Connie Loizos / TechCrunch: |
Rippling, an employee data management company led by Parker Conrad, raises $250M at a valuation of $6.5B, bringing its total raised to $450M — Founded by entrepreneur Parker Conrad in 2013, the HR company Zenefits was quickly anointed one of the fast-growing companies in Silicon Valley … | Mark Gurman / Bloomberg: |
Internal email: Apple will test unvaccinated corporate staff each time they enter offices starting Nov. 1, and asks US staff to report vaccine status by Oct. 24 — - The company is still stopping short of requiring the shots — Unvaccinated retail staff will be asked to test twice a week| Tom Warren / The Verge: |
A first look at Android app support on Windows 11: the apps are nicely integrated, run well, and installing them is simple, only requiring Amazon's Appstore app — Android apps can now run on Windows 11 — Microsoft has released the first preview version of its Android apps support in Windows 11.| Tom Warren / The Verge: |
| Dieter Bohn / The Verge: |
Google lowers Play Store subscription fees to 15% and fees for ebooks and on-demand music streaming services to “as low as 10%” — Subscription fees are lowered to 15 percent, and music streaming services ‘as low as 10%’ — As regulatory pressure on the Play Store for Android increases … | Peter Rudegeair / Wall Street Journal: |
Plaid partners with Square, Stripe, and others to help consumers and businesses make payments funded by their bank accounts after its acquisition by Visa failed — The fintech is teaming up with Square, Stripe and dozens of others on a digital pay-by-bank offering| Dan Seifert / The Verge: |
Microsoft Surface Duo 2 review: futuristic design, excellent multitasking, and useful pen support, but buggy, lousy camera, expensive, and awkward form factor — Microsoft's second attempt at a folding phone rights a lot of the original's wrongs, but doesn't fix everything| Wall Street Journal: |
Over 2,000 hourly Amazon workers at its Staten Island facilities sign union cards and plan to file with the NLRB by October 25; Amazon opposes the move — An effort said to involve more than 2,000 workers across four Amazon facilities in Staten Island faces obstacles| Jason Nelson / Decrypt: |
The Associated Press partners with crypto company Chainlink to authenticate data about elections, sports, and more via its blockchain — The Associated Press, a collective of more than 1,300 newspapers and broadcasters, is moving further into decentralized news and publishing.| Jabari Young / CNBC: |
Sports NFT service Candy Digital, owned by sports e-commerce company Fanatics, raises a $100M Series A at a $1.5B valuation from Vision Fund 2 and others — - Fanatics said it raised $100 million for its NFT company Candy Digital as it looks to pivot outside of sports merchandising.| Manish Singh / TechCrunch: |
Twitter acquires London-based Sphere, which develops a group chat app and has raised $30M to date — Twitter has acquired London-based Sphere, which operates an eponymous groups chat app, the latest in a series of recent moves from the social network as it looks to aggressively broaden and improve its product offerings.| Mercedes Ruehl / Financial Times: |
Sources: Indonesia's GoTo is raising $1.5B at a $28.5B valuation, including $400M from the Abu Dhabi Investment Authority, ahead of an IPO next year — Abu Dhabi Investment Authority-led round lifts super app's value by about 60% ahead of listing — The Abu Dhabi Investment Authority … | Bloomberg: |
Sources: Susquehanna, which owns ~15% of ByteDance, is looking to sell a stake worth ~$500M; source says a shareholder recently sold at a $360B-$370B valuation — - Susquehanna had sought a valuation of more than $400 billion — China's crackdown brings uncertainty to TikTok owner's IPO| Jinshan Hong / Bloomberg: |
Analysis: Chinese livestream salesman Li Jiaqi, known for trying on makeup on his show, sold $1.9B in goods on Alibaba's Taobao during its Singles' Day festival — - Record on first day of Alibaba's Singles' Day shopping binge — Signals China's consumer strength despite economic slowdown| Ryan Browne / CNBC: |
Sam Altman's Worldcoin launches its cryptocurrency that it gives in exchange for users' eye scans, says it has 100K users globally and is valued at $1B — - Tech millionaire Sam Altman's new start-up Worldcoin uses orb-shaped devices to scan people's eyes in exchange for free cryptocurrency.
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| Mikey Campbell / AppleInsider: |
| Emily Birnbaum / Politico: |
| Aisha Counts / Protocol: |