Techmeme
October 26, 2021, 5:45 AM

Top News

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 …
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
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.
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 …
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 …
Washington Post:
Sources detail Zuckerberg's decisions to put growth over safety, like to ban anti-state posts in Vietnam and to halt a WhatsApp US voting info center in Spanish  —  Late last year, Mark Zuckerberg faced a choice: Comply with demands from Vietnam's ruling Communist Party to censor anti-government dissidents …
Gilad Edelman / Wired:
Associated Press:
Steven Levy / Wired:
Casey Newton / The Verge:
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 …
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.
Nilay Patel / The Verge:
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 …
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.
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 …
Leah Nylen / Politico:
Internal Facebook docs: employees touted its scale and dominance in presentations, including showing 78% of US adults and nearly all US teens use its services  —  Documents collected by whistleblower Frances Haugen could give the company “a lot to regret” in its fights to prove it's not a monopoly.
Emily Birnbaum / Politico:
Alex Heath / The Verge:
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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