| 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.| 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.| 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 … | 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.| 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.| Taylor Soper / GeekWire: |
Zillow says it is shutting down its home buying business, laying off ~2,000 employees, and taking a write down of $500M+; stock drops 10%+ — Zillow Group's ambitious tech-fueled bid to shake up how people buy and sell homes is coming to a surprising end. — The Seattle online real estate giant … | 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 … | 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 … | Mike Minotti / VentureBeat: |
Activision Blizzard says Blizzard co-leader Jen Oneal is stepping down, leaving Mike Ybarra as sole leader; Oneal says she'll focus on diversity in the industry — Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.| Nikkei Asia: |
Sources: Apple has cut 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 to allocate … | Manish Singh / TechCrunch: |
Coinbase is acquiring Agara, which operates an AI-powered customer support platform in India and the US; sources say the price is between $40M and $50M — Coinbase is acquiring the startup Agara, which operates an AI-powered customer support platform, the two said Tuesday … | 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.| 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 … | 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 … | 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| 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.| Clara Molot / Bloomberg: |
Match Group reports Q3 revenue of $802M, up 25% YoY, with 16.3M paying users, up 16% YoY, but forecasts weaker Q4 growth, citing lingering COVID effects in Asia — - Fourth-quarter revenue comes in short; Ebitda is in line — Third-quarter revenue up 25%, meeting analysts' estimates| Jessica Bursztynsky / CNBC: |
Lyft reports Q3 revenue of $864.4M, up 73% YoY and 13% QoQ, but misses with 18.9M active riders vs 19.7M estimated — - Lyft reported third-quarter earnings on Tuesday after the bell, sending shares surging in extended trading. — Lyft CEO Logan Green said driver supply materially improved … | Meaghan Tobin / Rest of World: |
As Microsoft shuts down LinkedIn in China, developers worry GitHub could be next, even though nearly 10% of GitHub's contributors in 2020 were from China — As Microsoft scales back the Chinese version of LinkedIn, developers worry the code repository could be next.| 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.| 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 … | 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.| 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 …
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| Mars W. Mosqueda Jr / DealStreetAsia: |