Techmeme
October 26, 2021, 7:00 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 …
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.
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
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 …
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:
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.
Emily Birnbaum / Politico:
Leah Nylen / Politico:
Alex Heath / The Verge:
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 …
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.
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 …
Steven Levy / Wired:
Washington Post:

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
MicroAcquire:
New opportunities are waiting for you  —  Join 100,000+ entrepreneurs buying and selling startups on the world's #1 acquisition marketplace.  Expertly curated to match serious buyers with pre-vetted startups of all sizes.
Zoho:
Zoho Sign and eID Easy for eIDAS-compliant digital signatures  —  The use of e-signatures is becoming increasingly widespread because of its extensive ease of use and collaboration.
Ortto:
Should you be using a CDP?  —  What is a customer data platform?  How is it different to a CRM and how will it help your business grow?
Techmeme Ride Home:
(TWTR SPC) - a16z's Chris Dixon (@cdixon) On The State Of Crypto And Web3
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:00 AM ET, October 26, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

BBC:
Chris Welch / The Verge:

Earlier Picks

Sergiu Gatlan / BleepingComputer: