Techmeme
October 28, 2021, 8:25 AM

Top News

New York Times:
Facebook tells employees to preserve internal docs and communications related to its business since 2016, as governments and legislative bodies begin inquiries  —  Facebook has told employees to “preserve internal documents and communications since 2016” that pertain to its businesses …
Jacob Silverman / New York Magazine:
Casey Newton / Platformer:
Wall Street Journal:
Richard Lawler / The Verge:
Samsung reports Q3 net profit of ~$10.5B, up 31% YoY, on record revenue of ~$63B, up 10% YoY, beating estimates; operating profit rose 26% YoY to ~$13B  —  Credit high demand for chips, foldables, Switch OLED, and the iPhone 13.  —  In 2020, Samsung weathered the pandemic by posting …
Bryan Walsh / Axios:
GitHub says as much as 30% of new code on its network is written with its AI tool Copilot, and 50% of developers who tried it since July have kept using it  —  The open-source software developer GitHub says as much as 30% of newly written code on its network is being done with the help of the company's AI programming tool Copilot.
Ben Thompson / Stratechery:
The Sequoia Fund announcement shows Sequoia Capital wants to invest and keep long-term positions in SaaS companies with proven business models  —  Two weeks ago, in The Death and Birth of Technological Revolutions,1 I puzzled about exactly where we were in the Age of Information and Telecommunications …
Ron Amadeo / Ars Technica:
Google unveils Android 12L update focused on tablets, foldables, and Chromebooks, with tweaks like big screen UI layouts and a new taskbar, coming early 2022  —  Android 12L brings tablet-focused features, like a dock and dual-pane interfaces.  —  Have you heard about the new version of Android?
Sarah Perez / TechCrunch:
Spotify cites Edison Research and its own internal data to claim it “recently became” the most-used podcast platform in the US and says it has 3.2M podcasts  —  In September, analysts at eMarketer predicted Spotify was poised to overtake Apple Podcasts in U.S. listenership sometime this year.
Joe Rossignol / MacRumors:
Apple support documents says 14- and 16-inch MacBook Pro users can turn on “scale to fit below built-in camera” to avoid notch app compatibility issues  —  Apple today shared a new support document that explains how users can ensure that an app's menu bar items do not appear hidden behind …
Source: Apple SupportMore: Macworld, AppleInsider, 9to5Mac, The Verge, and BGR
Tweets: @jatodaro and @pogue
Patience Haggin / Wall Street Journal:
Eli Tan / CoinDesk:
QuickNode, which helps developers build blockchain apps, raises a $35M Series A led by Tiger Global, following a $5.3M seed round in May  —  The Series A follows a $5.3 million seed round earlier this year and includes participation from Reddit founder Alexis Ohanian and entrepreneur Anthony Pompliano.
Aria Alamalhodaei / TechCrunch:
Skyryse, which develops a flight automation operating system called FlightOS, raises a $200M Series B co-led by Fidelity and Monashee Investment Management  —  Five-year-old startup Skyryse has raised a $200 million Series B to develop FlightOS, a flight automation technology stack …
Ed Ballard / Wall Street Journal:
A look at Stripe's carbon-removal investments, including $9M in 10 projects; nearly 9K businesses use Stripe Climate to divert some revenue to carbon-removal  —  The technology for removing billions of tons of carbon dioxide from the atmosphere isn't ready.  Stripe wants to speed things up.
Catalin Cimpanu / The Record:
Hackers steal an estimated $130M from DeFi platform Cream Finance in a flash loan attack; the company lost $37M in Feb. and $29M in Aug. in similar attacks  —  Hackers have stolen an estimated $130 million worth of cryptocurrency assets from Cream Finance, a decentralized finance (DeFi) …
Michelle F Davis / Bloomberg:
Hinge Health, a digital physical therapy service that uses an app and sensors, raises $400M led by Tiger and Coatue at a $6.2B valuation, up from $3B in January  —  - Digital physical therapy provider raised $400 million  — Demand for remote health services has grown during pandemic

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More News

Loveday Morris / Washington Post:
Anna Kramer / Protocol:
Bloomberg:
Zoe Schiffer / The Verge:

Earlier Picks

Chaim Gartenberg / The Verge:
Foo Yun Chee / Reuters:
Nancy Scola / New York Magazine:
Jon Porter / The Verge:
TechCrunch:
Justine Calma / The Verge: