Techmeme
November 1, 2021, 1:25 PM

Top News

Mark Gurman / Bloomberg:
Chip shortage hits Apple at the worst possible time ahead of the holidays, and Meta and Apple are set to be smartwatch and mixed reality headset rivals in 2022  —  Apple had seemingly avoided the chip shortage for months, but the company's fortunes have now changed.
Rolfe Winkler / Wall Street Journal:
Zack Zwiezen / Kotaku:
After a three-day outage, Roblox says it is back online  —  According to Roblox's status page, all versions of the game have been down since Oct 28 starting at 7 pm EST  —  Roblox, one of the most popular games in the world, has been down for over a day now and while many frustrated players …
Paul Vigna / Wall Street Journal:
Digital Currency Group raises $700M at a $10B+ valuation led by SoftBank's Vision Fund 2 and Latin America Fund, with CapitalG and others participating  —  The Grayscale and CoinDesk owner sells $700 million of shares at a $10 billion valuation, in a funding round led by two SoftBank funds
Sami Fathi / MacRumors:
Some Mac owners report that upgrading to macOS Monterey bricked their computer  —  macOS Monterey, released last week as the latest version of macOS, is bricking older Mac computers, rendering them unusable and unable to even turn on, according to a number of reports from users across social media and online forums.
Chris Welch / The Verge:
Review of new $200 Beats Fit Pro: comfortable with very good active noise cancellation and transparency mode but no wireless charging and little Android support  —  The latest Beats earbuds are the company's best product since the Powerbeats Pro  —  Beats has been busy.
Axios:
NewsWhip: interest in Facebook, measured by social media interactions per article, declined over 2021, with little mainstream attention for “Facebook Papers”  —  The Facebook Papers and whistleblower accounts were a public relations nightmare for Facebook, but so far …
Mary Ann Azevedo / TechCrunch:
Mosaic, which makes software to automate construction planning, raises a $44M Series B led by Peak State Ventures, bringing its total raised to $68.8M  —  Mosaic Building Group, a Phoenix, Arizona-based construction tech startup, has raised $44 million in a Series B funding round led by Peak State Ventures.
More: FinSMEs
Patrick McGee / Financial Times:
Estimate: Apple's iOS App Tracking Transparency policy has cost Snap, Facebook, Twitter, and YouTube almost $10B in combined ad revenue in H2 2021  —  Forcing apps to ask for permission to track users for advertising purposes leads to big hit for social media platforms

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Adam Satariano / New York Times: