| Tom Warren / The Verge: |
Microsoft reports overall gaming revenue of $3.6B in Q1, up 16% YoY, with hardware revenue up 166% YoY on continued demand for Xbox Series X and S consoles — Microsoft's overall cloud revenue has jumped by 31 percent — Microsoft posted the first quarter of its 2022 financial results today … | Steve Clarke / Microsoft: |
| Casey Newton / Platformer: |
Ex-Facebook integrity member says articles on Haugen leaks are based on internal posts and comments, making it hard to assign credibility as names are redacted — A former integrity worker on Facebook's internal “posting culture” and why it's easy to misread the Haugen leaks| Casey Newton / Platformer: |
| 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 … | Jon Porter / The Verge: |
Instagram rolls out link stickers to everyone, 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 … | Jon Brodkin / Ars Technica: |
FCC orders China Telecom Americas to stop providing services in the US within 60 days, says the US unit is subject to Chinese government control and influence — China Telecom Americas ordered to stop providing service in US within 60 days. — The Federal Communications Commission today voted … | Justine Calma / The Verge: |
Microsoft sets a goal of reducing data center water consumption by 95% by 2024, building on broader 2030 climate commitments — It's turning to new technology to cool servers without using water — Microsoft ramped up its commitments today to conserve water and energy in its data centers … | David McCabe / New York Times: |
A look at efforts by countries, including the UK, EU, Japan, and China, and companies, such as Facebook and YouTube, to implement age verification checks — To protect children online, more companies and governments are forcing users to prove how old they are.| 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 … | Abner Li / 9to5Google: |
Alphabet's “Other Bets” had a Q3 operating loss of $1.29B, up from $1.1B YoY, on revenue of $182M primarily generated by Verily and Fiber, up from $178M YoY — Alphabet today announced Q3 2021 earnings with $65.11 billion in revenue. These numbers range from July to September … | Alphabet: |
| Jennifer Elias / CNBC: |
| Nancy Scola / New York Magazine: |
Interview with FTC Chair Lina Khan on leading the agency, its regulatory failures and avoiding future missteps, Facebook, Amazon, Alphabet, and more — Lina Khan was an associate professor at Columbia Law, working remotely from Texas, when she found out that President Joe Biden wanted her on the Federal Trade Commission.| Wall Street Journal: |
Sources: FTC staff are investigating whether Frances Haugen's documents show Facebook violated a 2019 privacy settlement, which resulted in a $5B fine — Lawmakers want agency to determine if Facebook engaged in deceptive conduct; company says internal research is mischaracterized| Todd Spangler / Variety: |
Spotify reports Q3 revenue of $2.9B, up 27% YoY; MAUs rose 19% YoY to 381M as Premium users rose 19% YoY to 172M; ad sales rose 75% YoY to $374M; stock up 6%+ — Spotify posted double-digit gains for overall monthly users and paid subscribers for the third quarter of 2021, in line with expectations … | Christine Hall / TechCrunch: |
Fellow, which offers meeting management tools, raises a $24M Series A led by Craft Ventures, bringing total funding to $30.5M — As more people venture back into the office, meetings have become more hybrid, with people at both home and in the office. Fellow aims to help managers … | The Economic Times: |
Snap says it has 100M MAUs in India and partners with Flipkart, Zomato, and others to boost e-commerce offerings — Bengaluru: Snap Inc., which houses Snapchat, has hit 100 million monthly users in India for the first time, the US-based company announced on Wednesday adding … | Foo Yun Chee / Reuters: |
EU opens an investigation into Nvidia's planned Arm acquisition on competition grounds, the latest setback for the deal — Nvidia (NVDA.O) suffered a setback on Wednesday as EU antitrust regulators opened a full-scale investigation into its $54 billion bid for British chip designer ARM … | Reuters: |
Source: Paytm plans to price shares at ~$27.70-$28.70, raising $2.44B and valuing the company at around $20B — Indian digital payments leader Paytm has boosted the size of its initial public offering to 183 billion rupees ($2.44 billion) from 166 billion rupees, as existing shareholders look … | 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 … | Mary Ann Azevedo / TechCrunch: |
New York-based Extend, which helps financial institutions offer virtual cards, raises a $40M Series B led by March Capital — We've written a lot about fintechs that aim to help other fintechs and traditional banks launch products and services. — But it feels like we have written far less … | Dr. Ian Cutress / AnandTech: |
Interview with Mike Clark, AMD's Chief Architect of Zen, on the history Zen and Ryzen branding, x86 limitations, future design considerations, and more — AMD is calling this time of the year as its ‘5 years of Zen’ time, indicating that back in 2016, it was starting to give the press … | Ingrid Lunden / TechCrunch: |
London-based Attest, which offers no-code tools for research surveys across 110M participants, raises $60M, bringing total funding to $85M — Surveys have long been used by marketing teams and other business decision makers to learn how customers tick. But they can be costly to put together … | Sarah Perez / TechCrunch: |
In Senate hearing, TikTok dodges questions about its plans for biometric data collected from US users, after changing its terms of use to allow the practice — In its first-ever Congressional hearing, TikTok successfully dodged questions about what it plans to do with the biometric data … | Kyle Wiggers / VentureBeat: |
AWS launches EC2 instances powered by AI accelerators from Intel's Habana, claiming 40% better price-performance to train ML models over last-gen GPU instances — Amazon Web Services (AWS), Amazon's cloud services division, today announced the general availability of Elastic Compute Cloud (EC2) DL1 instances.| Meir Orbach / CTech: |
Israeli venture capital platform OurCrowd raises $25M from SoftBank Vision Fund 2; PitchBook says OurCrowd has invested in 280+ companies and 30 funds — The Israeli venture capital platform will also enter into a strategic partnership with SoftBank Investment Advisers to consider investment opportunities| Ron Miller / TechCrunch: |
Abacus.AI, which helps companies manage AI models, raises a $50M Series C led by Tiger Global, bringing its total funding to over $90M — Abacus.ai wants to build an AI platform that simplifies machine learning model creation, while still leaving room for power users.| Christine Hall / TechCrunch: |
Truepill, which offers telehealth and prescription delivery services, raises a $142M Series D at a $1.6B valuation, bringing total funding to $256M — After developing a network of telehealth, diagnostics and pharmacies for consumers, digital health company Truepill is targeting healthcare incumbents …
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| Christine Hall / TechCrunch: |
| Tiernan Ray / ZDNet: |
| Maggie Fitzgerald / CNBC: |