Techmeme
October 28, 2021, 5:20 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 …
Casey Newton / Platformer:
Wall Street Journal:
Ron Amadeo / Ars Technica:
Google unveils Android 12L update focused on tablets, foldables, and Chromebooks, which tweaks big screen UI layouts, adds a taskbar, more, 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.
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 …
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 exploit bug in Cream Finance flash loaning system to steal all Ethereum-based tokens.  — The value of the stolen funds …
Jon Porter / The Verge:
Instagram rolls out link stickers to all users, expanding on verified and high-follower accounts  —  They can add links in Stories posts but not your feed  —  Instagram's link stickers, which let you include hyperlinks in Stories in the form of stickers, will now be available to everyone on the platform …
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.
Zoe Schiffer / The Verge:
Internal docs show Netflix tried to minimize public backlash to the film Cuties by stopping it from appearing in some search results and recommendations  —  In September 2020, Netflix was in turmoil as the company battled its most significant PR scandal to date.
Chaim Gartenberg / The Verge:
Intel launches its 12th-gen Alder Lake chips, led by the flagship Core i9-12900K CPU with 16 cores for $589, shipping November 4  —  A new era for Intel begins  —  Intel's 12th Gen Alder Lake chips have finally arrived, ushering in a new era of the company's chips, lead by the flagship Core i9-12900K CPU …
Anna Kramer / Protocol:
Internal docs show how Facebook calculates the number of engineers needed and how it has struggled to recruit talent, missing recruitment goals in 2019 and 2021  —  Facebook cannot find enough candidates to meet engineering demand, especially in the Bay Area, and has struggled and failed …
Loveday Morris / Washington Post:
Docs: EU politicians said Facebook algorithm changes in 2019 negatively impacted politics, particularly in Poland, where many blamed Facebook for polarization  —  WARSAW — Most political parties in Poland have complaints about Facebook's algorithms, the obscure formulas that decide …
Kyle Orland / Ars Technica:
Amid harassment fallout, Blizzard says it will pause plans for next year's BlizzCon event to focus on supporting its teams and game development  —  Feb. show nixxed in favor of “supporting our teams and progressing development...”  —  Following an online-only BlizzCon earlier this year …

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More News

Eli Tan / CoinDesk:
Bloomberg:
Foo Yun Chee / Reuters:
Nancy Scola / New York Magazine:

Earlier Picks

TechCrunch:
Justine Calma / The Verge:
David McCabe / New York Times:
Jon Brodkin / Ars Technica:
Sarah Perez / TechCrunch: