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October 26, 2021, 6:05 AM
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| Jacob Kastrenakes / The Verge: |
Zuckerberg says he's redirected Facebook teams to serve young adults over older users, and that significant changes to Instagram will lean into video and Reels — Expect changes to Instagram to highlight Reels — Facebook CEO Mark Zuckerberg says he's redirected teams within his company to …
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Financial Times, Financial Times, Variety, CNN, Insider, Engadget, CNBC, Nikkei Asia, PCMag, and SlashGear
Facebook: Mark Zuckerberg. Tweets: @sarafischer, @granick, @esaagar, @mediaevan, @themaxburns, @matthewstoller, @caslernoel, @caseynewton, @carnage4life, @briannawu, @matthewstoller, @annemariebridy, @mattgaetz, @matthewstoller, @sarafischer, @reckless, @maxthegirl, @juddlegum, @ditzkoff, @baekdal, @sarafischer, @paulconstant, @rschooley, @fmanjoo, @jonlovett, @jason_kint, @kantrowitz, @pixelatedboat, @joncoopertweets, and @slpng_giants
| Stephanie Condon / ZDNet: |
Facebook says Q3 ad revenue grew 33% YoY to $28.28B but warns of “continued headwinds” in Q4 due to Apple's ATT changes in iOS — The social media giant also expects its “metaverse” investments will reduce operating profits by $10B for FY 2021, as it begins breaking out Facebook Reality Labs as its own business segment
More:
Facebook, Associated Press, The Verge, iThinkDifferent, 9to5Mac, phonearena.com, Bloomberg, AppleInsider, TechCircle, Wall Street Journal, and Investor's Business Daily
| Salvador Rodriguez / CNBC: |
Facebook misses on Q3 revenue, $29.01B vs $29.57B expected, and monthly active users, 2.91B vs 2.93B expected, but beat on EPS of $3.22 vs $3.19 expected — - Facebook's third-quarter earning report comes as the company faces an onslaught of stories related to its internal research.
More:
Protocol, Bloomberg, Yahoo Finance, and Vox
Tweets: @kantrowitz, @mikeisaac, @kantrowitz, @alexeheath, @alex, @alexeheath, @post_market, @stevekovach, @profcarroll, @maxkennerly, and @morningbrew
| Facebook: |
Facebook reports Q3 revenue up 35% YoY to $29.0B, profit of $9.2B, up 17% YoY, DAUs up 6% to 1.93B, headcount up 20% to 68,177, and ups share buybacks by $50B — Third Quarter 2021 Operational and Other Financial Highlights 1 Facebook daily active users (DAUs) - DAUs were 1.93 billion …
More:
The Verge, SiliconANGLE, Bloomberg, PYMNTS.com, and Blockworks
Tweets: @pearkes and @sherman4949
| Janko Roettgers / Protocol: |
Facebook plans to spend $10B+ on AR and VR this year, including metaverse apps and related hardware, and report FRL segment separately starting in Q4 — Facebook expects to spend more than $10 billion on AR, VR and related hardware as well as the development of metaverse apps and services this year …
More:
Wall Street Journal and The Information
| Andrei Frumusanu / AnandTech: |
Apple M1 Pro and Max review: CPU and GPU improvements offer an unparalleled combination of raw performance, unique acceleration, and power efficiency — Last week, Apple had unveiled their new generation MacBook Pro laptop series, a new range of flagship devices that bring with them significant updates …
More:
techadvisor.com, 9to5Mac, AppleInsider, MacRumors, Macworld, BGR, iMore, and Wccftech
Tweets: @andysomerfield, @rucola_neko, @fukuemon3, @ozskier, @cixliv, @kevinctofel, @fpiednoel, and @kelseyhightower. Thanks:@iancutress
| Andrew Cunningham / Ars Technica: |
macOS 12 Monterey review: automation on Mac is revitalized with Shortcuts, Low Power Mode is nice, and it's packed with tons of small tweaks like AirPlay to Mac — An iterative update to Big Sur that has a little something for everyone. — Big Sur was a landmark release of macOS, in ways both technical and symbolic.
More:
Apple, AppleInsider, Thurrott, MacRumors, Gizmodo, iMore, Engadget, MacStories, TechCrunch, and AppleInsider
Tweets: @tapbot_paul, @ccgus, @loudestnoise, @tapbot_paul, @ccgus, @sogonsec, @marioguzman, @vmlemon, and @adders
| Nilay Patel / The Verge: |
More:
techadvisor.com, MacRumors, AnandTech, YouTube, Forbes, CNBC, 9to5Mac, iMore, Daring Fireball, and AppleInsider
Tweets: @dcseifert, @htfiii, @pierce, @stammy, @hawkeward, @fmanjoo, @erithacus_, @fmanjoo, @tldtoday, @rainofterra, @rajamagdich, @demozabel, @reckless, @reneritchie, @mcoley, @lightsleeper, @pierce, @andrewtalbott, @stevemoser, @reckless, and @techkafa
| Alex Kantrowitz / Big Technology: |
Docs: Facebook tested turning off News Feed ranking for 0.05% of users in Feb. 2018 and found engagement dropped, Groups content rose, and ad views increased — New leaked Facebook documents show what happened when Facebook tried to remove feed ranking. It didn't go well.
Tweets: @roddylindsay, @roddylindsay, and @fbajak
| Emily Birnbaum / Politico: |
| Alex Heath / The Verge: |
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Platformer, Axios, Fast Company, NPR, CNBC, Australian Financial Review, Politico, ZDNet, and iTnews
Tweets: @nicholasvinocur, @issielapowsky, @kurtwagner8, @kantrowitz, @kantrowitz, @alexeheath, @reckless, @carlquintanilla, @kantrowitz, @willmcavoyacn, @bcmerchant, @kantrowitz, @dilipthecherian, @business, @modestproposal1, @mattrosoff, @adamkovac, @ayshardzn, @johnrobb, @juliettekayyem, @crussian17, @bcmerchant, @modestproposal1, and @kantrowitz. Thanks:@thekenyeung
| Associated Press: |
Facebook docs detail issues with moderating non-English speech, leading to inflammatory language in Afghanistan, bans on common words in Palestine, and more — DUBAI, United Arab Emirates (AP) — As the Gaza war raged and tensions surged across the Middle East last May …
More:
The Atlantic, CNN, CNN, Politico, and Nieman Lab
Tweets: @donie, @shiraovide, @elcush, @lizcarolan, @isdglobal, @belachewm, @incindia, @restofworld, @ericgarland, @addisstandard, @davesison, @themaxburns, @3r1ng, @isdglobal, and @boomartins
| Gilad Edelman / Wired: |
More:
Wired, Wired, and Fortune
Tweets: @lizzadwoskin, @evelyndouek, @martyswant, @laurengoode, @repkenbuck, @laurengoode, and @c_c_krebs
| Steven Levy / Wired: |
More:
CNN and inews.co.uk
| Washington Post: |
More:
CNN, Washington Post, The Verge, Reason, Silicon Republic, Bloomberg, Rolling Stone, and MediaNama
Tweets: @jesselehrich, @reppeterdefazio, @hshaban, @gopleader, @alexthomp, @willoremus, @robbysoave, @joshuahol, @jessicahuseman, @rashadrobinson, @markberman, @swodinsky, @runwithskizzers, @ggreenwald, @ap, @swodinsky, @tonyajoriley, @kazweida, @jonlovett, @senalexpadilla, @yaeleisenstat, @repjayapal, @niubi, @brhodes, @andymstone, @repkenbuck, @lollardfish, @asharangappa_, @fawfulfan, @jowens510, @repjayapal, @samidh, @jessicahuseman, @palmerluckey, @repcardenas, @thedextriarchy, @donwinslow, @repandybarr, @aletweetsnews, @crecenteb, @mattnegrin, and @andymstone. Thanks:@thekenyeung
| Casey Newton / The Verge: |
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Bloomberg, Protocol, New York Magazine, Marketplace, The National, and Pixel Envy
Tweets: @mhbergen, @chinmayiarun, @kevinroose, @ewarren, @carolecadwalla, @carolecadwalla, @kharge, @verge, @dkshivakumar, @kharge, and @_maargentino
| Mike Isaac / New York Times: |
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The Guardian, ScreenRant, and The Daily Beast
| Sergiu Gatlan / BleepingComputer: |
Microsoft says Russia-backed Nobelium, behind the 2020 SolarWinds hack, is still targeting the global IT supply chain with 14 providers breached since May 2021 — Microsoft says the Russian-backed Nobelium threat group behind last year's SolarWinds hack is still targeting the global IT supply chain …
Source:
Microsoft On the Issues. More:
New York Times, Thurrott, Wall Street Journal, CyberScoop, Microsoft Partner Network, HackRead, Bloomberg, and OnMSFT.com
Tweets: @msftsecurity, @jennamc_laugh, @senblumenthal, @kaitlancollins, and @kimzetter
| Emily Graffeo / Bloomberg: |
Study: the top 10K individual bitcoin investors control about one-third of the cryptocurrency in circulation and ~50 miners control 50% of the mining capacity — - Research shines light on Bitcoin's elusive ownership structure — Top 10,000 investors control over one-third of supply| Jennifer Surane / Bloomberg: |
Mastercard partners with Bakkt to let banks offer cryptocurrency rewards on credit and debit card purchases; Bakkt's stock closes at $30.60, up 234.43% — Mastercard Inc. is making it easier for banks to offer cryptocurrency rewards on their credit and debit cards as part of the payment network's recent embrace of digital currencies.
Source:
Mastercard USA. More:
CNBC, Forkast, Bankless Times, Coinspeaker, Wall Street Journal, Yahoo Finance, Barron's Online, Insider, The Motley Fool, and Bitcoin News. Tweets: @hugh_son
| Juli Clover / MacRumors: |
Apple releases iOS 15.1 and iPadOS 15.1 with SharePlay, iPhone 13 ProRes video capture, a toggle for automatic macro mode, vaccine cards in Wallet, and more — Apple today released iOS and iPadOS 15.1, the first major updates to the iOS 15 operating system that was released …
More:
Apple, Laptop Mag, Softpedia News, Ars Technica, 9to5Mac, AppleInsider, phonearena.com, Digital Trends, and Macworld
Tweets: @bzamayo, @caramalameet, @mkbhd, @outsetarcana, @cameracaleb, @donl____, @mgsiegler, @chrismessina, @mkbhd, @mohandark_s, @_mchristensen, and @distinctivename
| Bloomberg: |
Sources: US Treasury to give the SEC considerable concessions for regulating stablecoins like Tether in a report later this week — - Behind the scenes, Wall Street agency has pushed for key role — Some U.S. officials want to saddle tokens with bank rules
More:
Forkast, cryptonews.com, Decrypt, Crypto Briefing, Crowdfund Insider, and Blockworks
Tweets: @saylor and @thecryptolark
| BBC: |
Frances Haugen told UK MPs that Facebook is “unquestionably making hate worse”, and warns that Instagram is “more dangerous than other forms of social media” — Whistleblower Frances Haugen has told MPs Facebook is “unquestionably making hate worse” …
More:
Common Dreams, The Guardian, Washington Post, and Wall Street Journal
| Ben Schoon / 9to5Google: |
Pixel 6 Pro review: an impressive flagship with excellent cameras, all day battery, and charging speeds up to 30W, but fingerprint sensor is “not super quick” — 2016 marked a major year for Google, with the launch of Assistant and its first self-made smartphone, the Google Pixel.
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Android Headlines
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