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November 2, 2021, 7:50 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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Gizmodo, Meta, Reuters, Ars Technica, CNBC, PYMNTS.com, iTnews, USA Today, Fortune, BleepingComputer, TNW, Wired, Electronic Frontier Foundation, PCMag, CyberScoop, AppleInsider, Social Media Today, Associated Press, The Verge, NBC News, Game Developer, CNET, CNN, Quartz, ZDNet, VICE, Security Affairs, Insider, Liliputing, Voice of America, Neowin, TechRadar, MacRumors, TechCrunch, Tom's Guide, WRAL TechWire, Variety, Financial Times, Protocol, Android Central, Engadget, Input, The Irish Times, The Hill, Mashable, MSPoweruser, NBC Bay Area, SlashGear, and Wall Street Journal
Tweets: @kashhill, @nytimes, @kevinbankston, @eff, @caseyjohnston, @shahidforchange, @jovialjoy, @xor, @broderick, @aprilaser, @aprilaser, @tomgara, @shiraovide, @rmac18, @jt_teran, @brianbrackeen, @alexhern, @evacide, @om, @stephenpunwasi, @ryan_browne_, @om, @guntruth, @rcalo, @donie, @katienotopoulos, @mattburgess1, @nickwatts1988, @slpng_giants, @edzitron, @eculliford, @jfreewright, @jonrosenberg, @marshacollier, @jason_grosse, @jason_kint, @peninsulaqatar, @akianastasiou, @neontaster, @jkosseff, @digiphile, @om, @kashhill, @jbadomics, and @blackamazon
| 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, The Official Microsoft Blog, Microsoft, ZDNet, Microsoft Tech Community, Benzinga, Fast Company, Microsoft 365 Blog, CNET, Gizmodo, Social Media Today, VentureBeat, Blockworks, Decrypt, PCWorld, Thurrott, The Week, XDA Developers, Neowin, KnowTechie, Computerworld, TechCrunch, TechRadar, Engadget, MSPoweruser, GeekWire, Protocol, HotHardware.com News, cloudpro.co.uk, SlashGear, and Digital Trends
| 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 …
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Bloomberg, CNBC, Zillow Group, Inc., VICE, MarketWatch, ZDNet, Protocol, New York Business Journal, The Verge, and CNN
Tweets: @opendoor, @jowens510, @carnage4life, @jonfortt, @paul_essen, @seldo, @kelseyhightower, @samro, @dangeiger79, @xerxeswuff, @ajlatrace, @carnage4life, @jowens510, @kyweise, @mikeisaac, @killedbygoogle, and @jowens510. Thanks:@kslosh
| Kyle Wiggers / VentureBeat: |
Microsoft announces Loop, an app that combines a “flexible canvas” with collaborative components that sync across Microsoft 365 services — At its Ignite 2021 conference today, Microsoft announced Loop, a new app that combines a “flexible canvas” with components … | 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.
Source:
About Netflix. More:
USA Today, Gizmodo, FrontPageTech.com, Ars Technica, Polygon, Moneycontrol, Reuters, AppleInsider, iPhone in Canada Blog, 9to5Google, CNET, CNBC, Variety, Android Headlines, Engadget, and SlashGear. Tweets: @alexisohanian
| 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 — Activision Blizzard announced today that Jen Oneal is stepping down from her role as Blizzard co-leader, which she started in August along with Mike Ybarra.
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Blizzard News, Game Developer, Washington Post, GamesIndustry.biz, The Verge, PC Gamer, gamerant.com, IGN, Polygon, Destructoid, and Video Games Chronicle
Tweets: @pezradar, @velocciraptor, @lepidopterrors, @blizzard_ent, and @jasonschreier
| Dean Takahashi / VentureBeat: |
| 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, Protocol, Engadget, ZDNet, The Hill, iPhone in Canada Blog, iMore, 9to5Mac, Windows Central, and PCMag
Tweets: @hhariri, @saralivingston, @pierrefar, @ndiakopoulos, @jaycuthrell, @s_m_i, and @quinnypig
| 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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Benzinga, MobileSyrup, Reuters, Kotaku, thegamer.com, The Verge, Tom's Guide, iMore, KnowTechie, GameSpot, Gameranx, Digital Trends, gamerant.com, TechSpot, Insider, TechRadar, Wccftech, and 9to5Toys. Tweets: @stealth40k
| 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 …
More:
The Coinbase Blog, The Economic Times, Benzinga, and Coinspeaker
Tweets: @pankaj, @thinkspection, @refsrc, @sanjaynath, @shanaggarwal, and @coinbase
| 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.
More:
Windows Blog, MSPoweruser, About Chromebooks, Ars Technica, PCWorld, XDA Developers, and OnMSFT.com
Tweets: @kylealden, @liliputingnews, and @maryjofoley
| 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 …
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New York Post, Protocol, Gizmodo, MacDailyNews, Softpedia News, KnowTechie, BGR India, MSPoweruser, iDownloadBlog.com, Digital Trends, Telecoms.com, Ubergizmo, TechSpot, Pocketnow, SlashGear, and iPhone in Canada Blog. Tweets: @natisho
| Cameron Faulkner / The Verge: |
Oculus rolls out v34, adding a Space Sense safety feature notifying users when objects, people, or animals intrude on a safe VR space, alongside other features — Version 34 is starting to roll out today — Fresh off of Meta's Connect 2021 keynote, where Grand Theft Auto …
More:
Oculus Blog, Road to VR, SlashGear, Kotaku, UploadVR, Android Central, and VRScout
Tweets: @schrep, @thekenyeung, @j_shepz, @rufftalkvr, @matinassi, and @olifranklin
| 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 …
More:
research.swtch.com, iTnews, HotHardware.com News, Washington Post, Gizmodo, and TechSpot
Tweets: @filosottile, @filosottile, @siddhesh_p, and @chandlerc1024
| 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 …
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ZDNet, Reuters, Protocol, South China Morning Post, iTnews, Japan Today, Variety, SlashGear, Barron's Online, Quartz, The Guardian, Newser, Toronto Star, PCMag, The Hill, TechSpot, and Associated Press
Tweets: @lizalinwsj, @jojjeols, @dalperovitch, @jilliancyork, @jacobhelberg, @bigblackjacobin, @keithjkrach, @isaacstonefish, and @mdubowitz
| 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.| Emily Flitter / New York Times: |
After downplaying cryptocurrencies early on, banks are experimenting with them more and lobbying regulators for rules to deny crypto lenders “unfair” advantages — Digital payments technology is forcing the financial system to evolve. Banks feel their power waning and want to regain control.
More:
BitcoinExchangeGuide
| Jessica Bursztynsky / CNBC: |
Lyft reports Q3 revenue of $864.4M, up 73% YoY and up 13% QoQ, but misses with 18.9M active riders vs 19.7M estimated; stock up 12%+ after hours — - Lyft reported third-quarter earnings on Tuesday after the bell, sending shares surging in extended trading.
More:
Barron's Online, TechCrunch, Wall Street Journal, Bloomberg, Reuters, FreightWaves, MarketWatch, and Lyft
| 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.
Tweets: @anupkaphle
| 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
Tweets: @federicoantoni
| 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 …
More:
TechCrunch, Associated Press, Input, Gizmodo, Engadget, BGR, and KnowTechie. Tweets: @jurijuri
| 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.
More:
FinSMEs, PYMNTS.com, TechCrunch, Benzinga, DealStreetAsia, Forbes, Crunchbase News, and SiliconANGLE. Tweets: @katstevns
| 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.| 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
More:
Match Group, Dallas Business Journal, and MarketWatch
| 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.
More:
Bitcoin Magazine, CoinDesk, The Block, TechCabal, afrotech.com, and BENJAMIN DADA
Tweets: @hserunjogi, @chippercashapp, @500globalvc, @samwyri, @adetolaov, @pitdesi, and @arlanwashere
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