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October 26, 2021, 1:40 PM
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| Washington Post: |
Facebook documents show its News Feed algorithm treated emoji reactions as 5x more valuable than Likes starting in 2017, amplifying controversial content — Five years ago, Facebook gave its users five new ways to react to a post in their news feed beyond the iconic “like” thumbs-up: “love,” “haha,” “wow,” “sad” and “angry.”| 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.
More:
Axios, The Economic Times, and Quartz
| 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 …
More:
Ars Technica, New York Times, Reason, CNN, Engadget, Android Headlines, KnowTechie, Financial Times, and Variety
| Salvador Rodriguez / CNBC: |
More:
Protocol, CNN, Bloomberg, NBC News, Silicon Republic, and Quartz
Tweets: @kantrowitz, @mikeisaac, @pearkes, @jamesliamcook, and @hillaryclinton
| Stephanie Condon / ZDNet: |
More:
The Verge, Facebook, MacRumors, Axios, Pocketnow, iThinkDifferent, TechSpot, and 9to5Mac
| Janko Roettgers / Protocol: |
More:
GameSpot. Tweets: @mikeisaac, @shiraovide, @mylesudland, @chandrarsrikant, @daphnehk, @daphnehk, @jamestitcomb, @rightsduff, @thestalwart, and @daphnehk
| Steve Dent / Engadget: |
Adobe announces Photoshop and Illustrator web apps to improve collaboration, make quick edits, and more — Adobe has announced that it's taken “a major step forward for collaboration” by bringing its Photoshop and Illustrator apps to the web. The idea is not to do let you do complex work from a web page …
Source:
Adobe Blog. More:
web.dev, Adobe Blog, PCWorld, TechCrunch, TechCrunch, TechCrunch, Adobe Blog, CNET, Adobe Press Releases, ZDNet, PCMag, MacRumors, OnMSFT.com, The Mac Observer, and SlashGear
Tweets: @davatron5000, @firt, @timsoret, and @chromiumdev
| Mitchell Clark / The Verge: |
Adobe announces Content Credentials for Photoshop, letting NFT sellers link their Adobe ID to authenticate the artwork using IPFS, coming soon in preview — Adobe is looking to fight NFT art theft with Content Credentials — Adobe is launching a system built into Photoshop that can …
More:
Gizmodo, The Verge, Thurrott, Engadget, Adobe Blog, AppleInsider, Windows Central, 9to5Mac, Bloomberg, Digital Photography Review, PetaPixel, XDA Developers, MSPoweruser, Digital Trends, SlashGear, and PetaPixel
Tweets: @carnage4life and @carnage4life
| Casey Newton / Platformer: |
Frances Haugen's documents have been useful to the press and groups opposing Facebook, but reporting should now expand to explore Haugen and her backers' goals — At the end of 2019, the group of Facebook employees charged with preventing harms on the network gathered to discuss the year ahead.
More:
Gizmodo, CNN, and Pixel Envy
Tweets: @alexstamos, @rmac18, @cwarzel, @alexstamos, @_arianna, @kentbye, @jamesliamcook, @shannonpareil, @caseynewton, @johnrobb, @jamesliamcook, @jose_moreno, @caseynewton, and @martinsfp
| 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
Source:
NBER. More:
Tom's Hardware, TechSpot, and cryptonews.com
Tweets: @wublockchain, @crypto, and @latetot
| Makena Kelly / The Verge: |
Biden names Jessica Rosenworcel to officially lead the FCC, nominates Gigi Sohn as third Democratic commissioner, but it's unclear if Senate will confirm soon — And progressive Gigi Sohn as a third Democratic commissioner — President Joe Biden named acting Federal Communications …
Source:
The White House. More:
Ars Technica, PCMag, Politico, Protocol, TechCrunch, CNET, Engadget, Wall Street Journal, Variety, Free Press, and FierceTelecom
Tweets: @senmarkey, @ronwyden, @bergmayer, @bowl_of_worcel, @nytimes, @evan_greer, @kellymakena, and @jake_k
| Dan Primack / Axios: |
Sequoia Capital will establish the Sequoia Fund, which will hold all of its US and European investments, including stakes in public companies — Sequoia Capital, one of the world's oldest and most successful venture capital firms, is forming a single fund to hold all of its U.S. and European investments … | Siddharth Venkataramakrishnan / Financial Times: |
Stripe partners with Klarna to let retailers in the US, UK, and Europe more easily offer a buy now, pay later option — Tie-up will allow retailers easily to add option for customers to pay in instalments at checkouts — Online payments processor Stripe has entered a strategic partnership with …
More:
Klarna US, Finextra, FinLedger, Silicon Republic, CNBC, Tamebay, Silicon Canals, PYMNTS.com, altfi.com, Coinspeaker, and London Evening Standard
Tweets: @carnage4life and @sarthakgh
| Loren Grush / The Verge: |
Verizon partners with Amazon to use its Kuiper satellite network to expand 4G and 5G coverage to rural and remote locations globally — They still have to launch the satellites first — Amazon's ambitious satellite venture, called Kuiper, is teaming up with Verizon to further expand 4G/LTE …
More:
CNBC, GlobeNewswire News Room, Engadget, Gizmodo, ZDNet, International Business Times, TechSpot, FierceWireless, Bloomberg, GeekWire, and CNET
Tweets: @thesheetztweetz, @thesheetztweetz, and @thesheetztweetz
| 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:
Macworld, XDA Developers, 9to5Mac, Pixelmator Blog, ExtremeTech, Forbes, iMore, techadvisor.com, MacStories, and Thurrott
Tweets: @nathandyer_, @htfiii, @tapbot_paul, @ccgus, @loudestnoise, @tapbot_paul, @ccgus, and @adders
| Ashley Carman / The Verge: |
Internal presentation details Amazon's “Project Mic”, a live audio app that lets users host radio shows, complete with music, focused on the US initially — A new app is in the works — Amazon is next on the list of companies getting into the live audio game.
More:
techadvisor.com, Protocol, Engadget, Android Central, and Input
Tweets: @ashleyrcarman and @tomwarren
| Danny Nelson / CoinDesk: |
CoinList, which helps crypto companies raise money via token sales, raises $100M at a $1.5B valuation led by Accomplice VC and Agman Partners — Following a $100 million funding round, the token sale platform is planning to invest heavily in two of its newer business lines.
More:
The CoinList Blog, The Block, Blockworks, Bloomberg, Coinspeaker, Cointelegraph, and Insider
| Financial Times: |
Sources: Amazon signs a contract with GCHQ, MI5, and MI6 to host top-secret material in the UK; the deal is worth an estimated £500M-£1B over a decade — Cloud contract for GCHQ, MI5 and MI6 with US tech group aims to speed analysis but likely to ignite sovereignty fears
More:
The Guardian, Washington Post, ZDNet, Telegraph, TechRadar, Reuters, cloudpro.co.uk, ExchangeWire.com, and The Times
Tweets: @mattgarrahan, @david_k_clark, @financialtimes, @mattgarrahan, @alexsobel, @robertcaruso, @pickardje, and @ellegist
| Issie Lapowsky / Protocol: |
A look at the Integrity Institute, a think tank formed by two former Facebook employees that wants to bring together tech integrity workers studying tech misuse — Shortly before he left Facebook in October 2019, Jeff Allen published his last report as a data scientist for the company's integrity team …
More:
Integrity Institute. Tweets: @sayhar, @protocol, @_karenhao, @issielapowsky, @brandyzadrozny, @issielapowsky, @followalisont, @brandyzadrozny, @issielapowsky, @profcarroll, @issielapowsky, @issielapowsky, @nicole_bonoff, @samidh, @samidh, @justinhendrix, @sayhar, @samidh, @katieharbath, @samidh, and @c_c_krebs
| Chaim Gartenberg / The Verge: |
Amazon Kindle Paperwhite Signature Edition review: better display, monthslong battery, and USB-C, but poor support for non-Amazon books and no physical buttons — The most popular Kindle gets its biggest update in nearly a decade — It's been nearly three years since Amazon has updated its best …
More:
Gizmodo, Laptop Mag, Engadget, CNET, ZDNet, PCWorld, TechCrunch, Mashable, Digital Trends, and Input. Tweets: @cgartenberg
| Chris Metinko / Crunchbase News: |
Devo, which offers cloud logging and security analytics tools, raises a $250M Series E at a $1.5B valuation led by TCV, bringing its total funding to $400M+ — Cambridge, Massachusetts-based cybersecurity firm Devo Technology has closed a $250 million Series E as the company hopes to ride …
More:
TechCrunch, FinSMEs, CRN, VentureBeat, and GlobeNewswire News Room
| Hema Parmar / Bloomberg: |
Sources: Tiger Global raises $8.8B for its PIP 15 fund, focused on tech startups in the US, China, and India, with a $10B target by March 2022 — - The PIP 15 fund will invest in internet technology companies — Firm assets have more than tripled to $95 billion since 2018| Mary Ann Azevedo / TechCrunch: |
Pipefy, which offers low-code workflow management tools, raises a $75M Series C led by SoftBank Latin America Fund, bringing its total raised to $138.7M — Pipefy, a “low-code” workflow management SaaS startup, announced today that it has raised $75 million in Series C funding.| Christine Hall / TechCrunch: |
Logicbroker, which offers cloud-based drop ship software and is on track for $6B in GMV across 4K+ companies in 2021, raises $135M from K1 Investment Management — Logicbroker, a Connecticut-based e-commerce company focused on cloud fulfillment, secured a $135 million growth round from K1 Investment Management.| Cecilia Kang / New York Times: |
The role of the SEC, where Haugen sent her documents, in Facebook's ongoing woes remains to be seen, as experts say proving investor harm could be difficult — One of the most pressing questions is whether the Securities and Exchange Commission will significantly add to the company's woes.| Eyk Henning / Bloomberg: |
Switzerland-based Yokoy, which offers AI tools to manage travel expenses, raises $26M led by Left Lane Capital, source says at a $100M valuation — - Yokoy so far has around 300 corporate customers in Switzerland — Swisscom-backed firm will use funds to grow in Europe, U.S.
More:
VentureBeat, Crowdfund Insider, Tech.eu, Balderton Capital, and Silicon Canals
| Ingrid Lunden / TechCrunch: |
Fabric, which offers “microfulfillment” robots for warehouses, raises a $200M Series C led by Temasek at $1B+ valuation, bringing its total funding to $336M — Amazon continues to be the 800-pound gorilla in the room for companies in the retail sector.
More:
PYMNTS.com, VentureBeat, Globes Online, CTech, and Crunchbase News
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