Techmeme
November 5, 2021, 11:50 AM

Top News

Mike Isaac / New York Times:
Sources: Meta has discussed opening retail stores globally to showcase devices made by its Reality Labs division, like VR headsets and, eventually, AR glasses  —  The social networking company has discussed opening physical stores to showcase its virtual reality and augmented reality devices.
Kurt Wagner / Bloomberg:
Square reports Q3 revenue of $3.84B, up 27% YoY but missing $4.51B estimates, bitcoin revenue of $1.81B, up 11% YoY, and gross payment volume of $45.4B, up 43%  —  - Overall third-quarter sales fall short of analysts' estimates  — Gross profit was up 43% from the same period a year earlier
Tom Warren / The Verge:
Microsoft warns Windows 11 users that features, including the Snipping Tool, touch keyboard, and emoji panel, aren't loading due to an expired certificate  —  Snipping Tool, the emoji picker, and other parts of Windows 11 are breaking  —  Microsoft has started warning Windows 11 users …
Muhdan Saglam / Middle East Eye:
Turkish live streamers expose a fraud ring that used Twitch's Bit platform to launder ~$10M; Twitch says it has taken action against 150 users  —  Hundreds of streamers said to have taken 20 percent cut to help launder money stolen by hackers through credit cards
Takashi Mochizuki / Bloomberg:
Katie Jennings / Forbes:
Papa, which connects elderly Americans with virtual and physical companions, raises a $150M Series D led by Vision Fund 2 at a $1.4B valuation  —  I am a staff writer covering healthcare.  Email me at kjennings@forbes.com.  —  Andrew Parker's grandfather needed help, but he didn't need a doctor.
MacKenzie Sigalos / CNBC:
Jessica Bursztynsky / CNBC:
Uber reports Q3 revenue of $4.8B, up 72% YoY, gross bookings of $23.1B, up 57% YoY, with Mobility up 67% to $9.9B and Delivery up 50% to $12.8B  —  - Uber reported third-quarter financial results Thursday, which included a first-ever adjusted EBITDA profit.  — The company reported a net loss of $2.4 billion for the quarter.
Aisha Malik / TechCrunch:
Instagram brings back support for Twitter Card previews after removing the feature in 2012  —  Instagram is bringing back support for Twitter Card previews starting today.  Now when users share an Instagram link on Twitter, a preview of the post will be shown in the tweet.
Tanya Klich / Forbes:
Babylist, which operates an e-commerce and content hub for new parents, raises a $40M Series C led by Norwest, says revenue will reach $250M this year  —  Babylist, the decade-old registry platform that also operates as an e-commerce and content hub for new parents, just announced …
Rebecca Bellan / TechCrunch:
Lime raises $523M in convertible debt and term loan financing and says it plans to go public next year  —  Shared electric micromobility giant Lime has closed a $523 million raise in convertible debt and term loan financing, money that Lime CEO Wayne Ting says is the next step on the company's path to going public next year.
More: The Verge and Bloomberg
Juli Clover / MacRumors:
DJI launches Mavic 3 drone with dual-camera system, redesigned batteries offering up to 46 minutes of flight time, improved tracking and safety, and more  —  DJI today announced the launch of the Mavic 3, a followup to the company's Mavic 2 drone.  DJI says that the Mavic 3 represents the …

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More News

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Earlier Picks

Nicole Wetsman / The Verge:
AnandTech:
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Biz Carson / Protocol:
Vlad Savov / Bloomberg:
Michael Kan / PCMag:
Rebecca Heilweil / Vox: