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November 2, 2021, 2:15 PM
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| New York Times: |
Meta plans to shut down Facebook's decade-old facial recognition system this month, deleting the face scan data of 1B+ users following legal and regulatory woes — Saying it wants “to find the right balance” with the technology, the social network will delete the face scan data of more than one billion users.
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Meta, Bloomberg, CNBC, Protocol, The Hill, The Verge, Wall Street Journal, Engadget, Reuters, and Axios
Tweets: @kashhill, @tomgara, @rmac18, @neontaster, @rcalo, @alexhern, @jason_grosse, @donie, @mattburgess1, @nytimes, @nickwatts1988, and @jonrosenberg
| Tom Warren / The Verge: |
Microsoft will bring its mixed reality platform Mesh with 3D avatars and VR support to Teams in the first half of 2022 — Microsoft and Meta are on a collision course for metaverse competition — Microsoft is entering the race to build a metaverse inside Teams, just days after Facebook rebranded …
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Bloomberg, ZDNet, Microsoft, ZDNet, Decrypt, Fast Company, HotHardware.com News, Protocol, Computerworld, CNET, PCWorld, XDA Developers, GeekWire, VentureBeat, Microsoft Tech Community, The Official Microsoft Blog, Thurrott, TechCrunch, Engadget, The Week, cloudpro.co.uk, Neowin, TechRadar, Digital Trends, and MSPoweruser
| Nikkei Asia: |
Sources: Apple has cut back on iPad production by 50% from its original plans for the past two months, to allocate more chips to the iPhone 13 — U.S. tech giant produces 50% fewer tablets than planned in September-October — TAIPEI — Apple has cut back sharply on iPad production …
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Softpedia News, CNET, Protocol, PCMag, Gizmodo, 9to5Mac, SlashGear, iDownloadBlog.com, MacDailyNews, BGR, iMore, KnowTechie, BGR India, MacRumors, MSPoweruser, Cult of Mac, Benzinga, Digital Trends, Mashable, Telecoms.com, iPhone Hacks, Ubergizmo, PhoneArena, TechSpot, Pocketnow, iPhone in Canada Blog, Patently Apple, Tom's Guide, TechRadar, iThinkDifferent, AppleInsider, Reuters, and GSMArena.com
Tweets: @sino_market, @imaruritokyo, and @natisho
| Jon Porter / The Verge: |
Zoom says it is testing ads on its free Basic tier; the ads appear on the browser page shown to users at the end of a call — They'll appear in a browser page at the end of meetings — Zoom is piloting showing ads to users on its free “Basic” tier, the company has announced in a blog post.
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Zoom Blog, TechCrunch, The Hill, 9to5Mac, ZDNet, Engadget, CNET, PCMag, TechRadar, Windows Central, iMore, and iPhone in Canada Blog
Tweets: @hhariri, @saralivingston, @ndiakopoulos, @s_m_i, and @quinnypig
| Kyle Wiggers / VentureBeat: |
Microsoft announces Loop, an app that combines a “flexible canvas” with collaborative components that sync across Microsoft 365 services — Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.
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Microsoft 365 Blog, ZDNet, The Verge, TechCrunch, SiliconANGLE, PCWorld, Windows Central, XDA Developers, GeekWire, 9to5Mac, Thurrott, CNBC, Engadget, iPhone in Canada Blog, iMore, Neowin, MSPoweruser, OnMSFT.com, Microsoft Dynamics 365 Blog, and WinBuzzer
Tweets: @elipariser, @obra, @strumanchu, @jkap, and @caseynewton
| Nikkei Asia: |
Sources: Nintendo will only be able to produce ~24M units of its Switch game console in FY 2021 due to chip shortages, 20% below its original plan of 30M — Production revised down to 24 million units for fiscal 2021 despite high demand — OSAKA — Nintendo will only be able to produce …
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Game Developer, GamesIndustry.biz, Reuters, iMore, Wccftech, TechSpot, Kotaku, gamerant.com, TechRadar, GameSpot, KnowTechie, Digital Trends, thegamer.com, Dot Esports, and Video Games Chronicle. Tweets: @stealth40k
| Brian Krebs / Krebs on Security: |
Researchers discover a Unicode security vulnerability that affects most code compilers, including for Go, C++, C#, JavaScript, Java, Rust, and Python — Virtually all compilers — programs that transform human-readable source code into computer-executable machine code …
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research.swtch.com, Light Blue Touchpaper, Gizmodo, Washington Post, Dark Reading, Security Affairs, fossbytes.com, SiliconANGLE, BleepingComputer, TechRadar, The Hacker News, Phoronix, Threatpost, ComputerWeekly.com, HackRead, SecurityWeek, ZDNet, and The Record
Tweets: @briankrebs and @filosottile
| Sarah Perez / TechCrunch: |
Netflix rolls out its exclusive mobile games globally to the Play Store and plans to feature them in its Android app starting this week — After early tests in select markets, Netflix announced today its debut lineup of exclusive mobile games will begin rolling out to all members globally on Android devices, starting this week.| Liza Lin / Wall Street Journal: |
Yahoo pulls its services out of China in a largely symbolic gesture following LinkedIn, citing an “increasingly challenging business and legal environment” — Yahoo Inc. said it was pulling out of China, citing an increasingly challenging business and legal environment … | Mary Jo Foley / ZDNet: |
Microsoft Edge for Linux is now available for all users, supporting multiple distributions including Ubuntu, Debian, Fedora, and openSUSE — It's ‘Chredge’ time for Linux: Microsoft's Edge browser is now generally available for a number of Linux distributions.
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The Verge, Ars Technica, PCWorld, XDA Developers, Windows Central, Windows Blog, BleepingComputer, and OnMSFT.com. Tweets: @kylealden
| Andrei Frumusanu / AnandTech: |
Deep dive on Pixel 6's Tensor SoC, its architecture, and how it compares to rival chips like Snapdragon 888 and Exynos 2100 in performance and efficiency tests — It's been about two weeks since Google officially announced their newest flagship devices in the form of the Pixel 6, and Pixel 6 Pro.| CNBC: |
NHTSA says Tesla is recalling 11,704 cars after a “Full Self-Driving” update led to a false forward-collision warning or inadvertent emergency brake activation — - Tesla is recalling nearly 12,000 U.S. vehicles sold since 2017 because a communication error may cause … | Krystal Hu / Reuters: |
Hong Kong-based Sandbox, which lets users build a virtual world using NFTs, raises $93M led by SoftBank's Vision Fund 2 — The Sandbox, a Hong Kong-based gaming platform that allows users to build a virtual world using non-fungible tokens (NFTs), has raised $93 million from investors led …
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animocabrands, VentureBeat, Tech in Asia, and The Block
| Reuters: |
Leaked memo: ByteDance CFO Shou Zi Chew will step down to focus on being TikTok CEO full time, amid a major ByteDance reorganization — TikTok Chief Executive Officer Shou Zi Chew will step down as its parent ByteDance's chief financial officer (CFO) to focus on running the short video business full time …
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GamesIndustry.biz, CNBC, Forbes, Protocol, Financial Times, CNET, Bloomberg, and Axios
| Frederic Lardinois / TechCrunch: |
Lumigo, a cloud-native observability service for application monitoring and debugging, raises a $29M Series A led by Redline Capital — Lumigo, a cloud-native application monitoring and debugging platform, today announced that it has raised a $29 million Series A funding round led by Redline Capital.
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Lumigo
| Paul Sawers / VentureBeat: |
Autonomous delivery startup Nuro raises a $600M Series D led by Tiger Global, sources say at an $8.6B valuation, up from $5B in November 2020 — Autonomous vehicle (AV) company Nuro has raised $600 million in a series D round of funding from high-profile investors, including Tiger Global Management and Google.
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SiliconANGLE, Forbes, and TechCrunch
| James Vincent / The Verge: |
Microsoft will invite select businesses to use GPT-3 as an Azure tool; Open AI will continue selling its own GPT-3 API with the latest upgrades — A promising and problematic AI tool — It's the AI system once deemed too dangerous to release to the public by its creators.
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VentureBeat, TechCrunch, blogs.microsoft.com, and WinBuzzer
| Dan Taylor / Tech.eu: |
Permutive, whose ad platform lets publishers deliver personalized ads in a privacy-safe manner, raises a $75M Series C led by SoftBank Vision Fund 2 — London's Permutive has raised $75 million in a Series C round. The eight-year-old company specialises in providing publishers and advertisers … | Tage Kene-Okafor / TechCrunch: |
Chipper Cash, which provides cross-border payments services in Africa, raises a $150M Series C extension led by cryptocurrency exchange platform FTX — Chipper Cash, an African cross-border payments company, has raised $150 million in a Series C extension round led by Sam Bankman-Fried's cryptocurrency exchange platform FTX.| Eduardo Thomson / Bloomberg: |
Chilean fintech startup Fintual raises a $39M Series B led by Sequoia, says it manages $665M in assets for 70,000+ clients through passive investments like ETFs — - Chilean startup Fintual will use the funds to expand in Mexico — Fintual CEO Pedro Pineda speaks in exclusive interview| Jon Fingas / Engadget: |
Microsoft will integrate the recently acquired video editing web app Clipchamp into its Office apps and add an audio “recording studio” to PowerPoint — Microsoft is boosting Office with some (arguably overdue) media creation tools. As part of a sweeping set of updates … | Kyle Wiggers / VentureBeat: |
Microsoft launches Dynamics 365 offerings such as cloud-powered marketing, supply chain insights, observing how people move in retail spaces, and more — Beyond updates across Azure, this week at its Ignite 2021 conference, Microsoft has announced additions to its Dynamics 365 business app …
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TechCrunch and Microsoft Industry Blogs
| Lucas Shaw / Bloomberg: |
With Spotify on pace to cross $1B in ad sales this year, a look at its growing ambitions in advertising and its plans to become the YouTube of podcasting — Millions of people watch videos of Joe Rogan's podcast. They used to do that on YouTube, where Rogan posted full episodes.| Bloomberg: |
Sources: Zillow is pitching institutional investors on the sale of 7K homes for ~$2.8B to recover from buying too many, which it blames on its bidding algorithm — - Online listing giant has been buying thousands of homes — Zillow Group Inc. is looking to sell about 7,000 homes as it seeks …
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The Verge, MarketWatch, Insider, The Real Deal New York, The Real Deal New York, UPROXX, Vox, and GeekWire
| FinSMEs: |
Prepaid Technologies, which provides payments software to financial institutions and government agencies, raises $96M led by Edison Partners — Prepaid Technologies, a Birmingham, Ala.-based provider of prepaid digital payment solutions, raised $96m in growth funding.
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Finextra and Wall Street Journal
| Nikhilesh De / CoinDesk: |
Biden admin urges Congress to subject stablecoin issuers to federal oversight like banks and limit their interactions with non-financial companies, such as Meta — If U.S. lawmakers don't act, regulators have the authority to take their own measures, according to the long-awaited report …
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U.S. Department …, PYMNTS.com, FinLedger, CNBC, CoinDesk, Reuters, Wall Street Journal, Coinspeaker, WRAL TechWire, Forkast, cryptonews.com, Finextra, ZDNet, The Block, Crypto Briefing, Associated Press, Cointelegraph, Protocol, Blockworks, Bank Automation News, Washington Post, and President's Working Group …
| Rita Liao / TechCrunch: |
China-based Moka, which aims to automate the talent acquisition process for Chinese companies, raises a $100M Series C led by Tiger Global — Moka, a six-year-old Chinese startup that wants to make human resources management easier with software, said today it has closed a $100 million Series C round.
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The Economic Times
| Ingrid Lunden / TechCrunch: |
Fiverr acquires Stoke Talent, which helps companies manage their freelance teams, for $95M; Stoke raised about $20M and was last valued at around $44M — On the heels of LinkedIn last week launching Service Marketplace, a competitor to freelance platforms like Fiverr and Upwork … Sponsor Posts
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