Techmeme
October 28, 2021, 9:35 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:
Jennifer Ryan / Bloomberg:
Activision Blizzard CEO Bobby Kotick, who earned $154.6M last year, will take a pay cut to $62,500 and forego equity grants until diversity goals are met  —  - Compensation included paying CEO $154.6 million last year  — Company facing sexual harassment and discrimination case
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; semiconductor sales nearly doubled to ~$8.5B  —  Credit high demand for chips, foldables, Switch OLED, and the iPhone 13.  —  In 2020, Samsung weathered the pandemic by posting …
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 …
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.
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
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.
Patience Haggin / Wall Street Journal:
Washington Post:
NYU research suggests Twitter's algorithms promote conservative politicians because they are more likely to be “ratioed”, which Twitter may count as engagement  —  Our research suggests conservative politicians are ‘ratioed’ more often.  That may explain why they're in your timeline.
Kyle Wiggers / VentureBeat:
Apple joins Sustainable Semiconductor Technologies and Systems, a program by Belgium-based R&D organization Imec to help reduce environmental impact of chips  —  Apple today announced that it has joined Sustainable Semiconductor Technologies and Systems (SSTS), a new research program launched …
Source: imecMore: Tech.eu, 9to5Mac, AppleInsider, and iMore
Tweets: @imec_int and @robinwauters
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?
Ingrid Lunden / TechCrunch:
Open-source SQL database developer Yugabyte raises a $188M Series C at a $1.3B valuation led by Sapphire Ventures  —  Today's world is run on data, and the amount of it that is being produced, managed and used to power services is growing by the minute — to the tune of some 79 zettabytes this year, according to one estimate.
Ali Breland / Mother Jones:
Internal document from far-right militia Oath Keepers, with details on 25,000 members, shows Facebook was the most common way of discovering the group  —  Fight disinformation.  Get a daily recap of the facts that matter.  Sign up for the free Mother Jones newsletter.  —  How does one come to join a militia?
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) …
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.
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.

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More News

Loveday Morris / Washington Post:
Anna Kramer / Protocol:

Earlier Picks

Bloomberg:
Zoe Schiffer / The Verge:
Chaim Gartenberg / The Verge:
Foo Yun Chee / Reuters:
Jon Porter / The Verge:
Justine Calma / The Verge: