Techmeme
October 29, 2021, 11:15 AM

Top News

Mark Zuckerberg / About Facebook:
Mark Zuckerberg says Facebook the company is now Meta, to better encompass all of its products  —  We are at the beginning of the next chapter for the internet, and it's the next chapter for our company too.  —  In recent decades, technology has given people the power to connect and express ourselves more naturally.
More: Meta, The Guardian, The Atlantic, YouTube, New York Times, Search Engine Land, GamesIndustry.biz, Bloomberg, BBC, UploadVR, BBC, The Hill, Associated Press, cziscience.medium.com, Washington Post, CNET, Wall Street Journal, Engadget, inews.co.uk, Livemint, Quartz, Politico, Memeburn, The Economic Times, ComputerWeekly.com, Cointelegraph, BitcoinExchangeGuide, dexerto.com, OneZero , Decrypt, Newser, WISH-TV, Micky, Search Engine Roundtable, techadvisor.com, Rock, Paper, Shotgun, cryptonews.com, Tom's Guide, fossbytes.com, Silicon Canals, Firstpost Tech, and Forkast
Ben Thompson / Stratechery:
Facebook's Meta renaming is a bet on the power of founder control, and is about a future that doesn't yet exist, but one that Zuckerberg believes needs to  —  The obvious analogy to Facebook's announcement that it is renaming itself Meta and re-organizing its financials to separate …
Alex Heath / The Verge:
Interview with Mark Zuckerberg on rebranding the company to Meta to avoid the awkwardness of sharing the name of its main app, building the metaverse, and more  —  The company wants to move past the ‘confusion and awkwardness’ of sharing a name with its main app
Andrew Bosworth:
Andrew Bosworth says Facebook Reality Labs will become Reality Labs, Oculus brand will shift to Meta for hardware and Oculus Quest app starting in early 2022  —  Well the cat's (officially) out of the bag: Our company is now Meta to better reflect who we are and our ambitions to help build the metaverse.
Kevin Roose / New York Times:
Facebook's metaverse is designed to solve several problems: an ageing userbase, dependence on Google and Apple, regulatory risk, and reputational damage  —  If his new strategy works — a big if — it could help address several of Facebook's biggest problems.
Mark Gurman / Bloomberg:
The Facebook View app on iOS contains an image of a potential Meta smartwatch, with a front-facing camera notch, rounded screen, and a detachable wrist strap  —  - Device has front-facing camera, possibly for videoconferencing  — Image of watch is found inside of Facebook View iPhone app
Dean Takahashi / VentureBeat:
Facebook unveils Horizon Home social VR spaces, Messenger VR calls, fitness VR, Quest for Business, including Work Accounts support on Quest 2, and more  —  this upcoming November 9-10.  Learn more about what comes next.  —  Facebook has turned its social media battleship toward the metaverse …
YouTube:
Video of Facebook Connect 2021, where VR updates, Project Cambria, and a new Meta brand name were announced  —  Tune in at 10:00am PT / 1:00pm ET on Thurs.  Oct. 28 when Facebook holds its annual Facebook Connect.  The company is expected to announce Oculus updates and o...
Apple:
Apple misses with Q4 revenue of $83.4B, up 29% YoY, vs $84.85B est., iPhone revenue of $38.87B, up 47% YoY, services revenue of $18.3B, up 25.6%; stock down 3%+  —  New September quarter record with revenue up 29 percent  —  Services and Mac revenue reach new all-time highs
Tom Warren / The Verge:
Microsoft acquires Two Hat, a content moderation provider that it has been working with for the past few years to improve Xbox communities  —  The deal will help Microsoft's consumer services push  —  Microsoft has acquired Two Hat, a content moderation provider that's helped keep harmful content off Xbox.
Catalin Cimpanu / The Record:
Europol says it has detained 12 suspects that were orchestrating ransomware attacks that hit 1,800+ victims across 71 countries since 2019  —  Europol said it detained 12 suspects this week it believes were part of a professional criminal group that orchestrated a long string of ransomware attacks …
About Amazon:
Amazon misses with Q3 revenue of $110.8B, up 15% YoY, vs $111.6B est., net income of $3.2B, down from $6.3B YoY, AWS net sales of $16.1B, up 39%; stock down 4%+  —  SEATTLE—(BUSINESS WIRE)— Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2021.
Lawrence Abrams / BleepingComputer:
Google releases a Chrome update that fixes seven vulnerabilities, including two zero-days exploited in the wild  —  Google has released Chrome 95.0.4638.69 for Windows, Mac, and Linux to fix two zero-day vulnerabilities that attackers have actively exploited.
Manish Singh / TechCrunch:
Google and Jio debut $87 JioPhone Next with a 5.45-inch HD+ display and Qualcomm's quad-core QM-215 chipset, available November 4 in India  —  Google and Indian telecom network Jio Platforms said on Friday that their much-anticipated budget smartphone, JioPhone Next, will go on sale …

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