Techmeme
November 10, 2021, 4:20 AM

Top News

Greg Kumparak / TechCrunch:
Unity to acquire Peter Jackson's visual effects company Weta Digital, including 275+ engineers, for $1.625B; Weta Digital's FTX artists will form a new entity  —  Unity has just announced its intent to acquire Weta Digital, the legendary visual effects company co-founded by Peter Jackson, for a massive $1.625 billion.
Adi Robertson / The Verge:
Judge in Epic v. Apple trial says Apple must comply with an order letting developers link to external payment options, denying Apple's stay request  —  Apple said the change would be ‘exceedingly complicated’  —  Epic v. Apple judge Yvonne Gonzalez Rogers says Apple must comply with an order …
Jay Peters / The Verge:
Twitter Blue rolls out to the US for $2.99/month with Scroll's ad-free articles across 300+ pubs, an undo button, Nuzzel-like “top articles” roundup, and more  —  And in Australia, Canada, and New Zealand, as part of Twitter Blue  —  Twitter Blue, the company's subscription service …
New York Times:
Meta aims to remove ad targeting options based on user interactions with content about health, race, political affiliation, religion, and more, by January 19  —  Meta, the social media company formerly known as Facebook, said on Tuesday that it planned to eliminate advertisers' ability …
Jay Peters / The Verge:
Ashley Gold / Axios:
Bipartisan House bill would force tech platforms to offer an “input-transparent algorithm” that doesn't require user data to generate recommendations  —  A bipartisan group of House lawmakers has introduced a companion to a Senate bill that would let people use algorithm-free versions …
Elizabeth Dwoskin / Washington Post:
Meta shares bullying and harassment numbers for the first time, claims the category represents ~0.14% of Facebook content and ~0.05% of Instagram content  —  The social media giant published several transparency reports on Tuesday.  —  Facebook published a series of reports on Tuesday …
Zac Bowden / Windows Central:
Microsoft announces a $249 11.6" Surface Laptop SE, exclusively for schools and students, running Windows 11 SE, and starting with 4GB RAM and 64GB of storage  —  Microsoft's low-end education PC is official!  —  What you need to know  — Microsoft is adding a new laptop to its Surface hardware portfolio.
Tom Warren / The Verge:
Samantha Subin / CNBC:
Coinbase reports Q3 revenue of $1.31B, up from $315M YoY, vs $1.57B est., monthly transacting users fell to 7.4M from 8.8M QoQ; stock down 10%+  —  - Coinbase reported weaker-than-expected revenue for the third quarter.  — The number of monthly transacting users dropped from the prior period.
Romain Dillet / TechCrunch:
fuboTV to acquire French multiplatform streaming company Molotov for $190M; Molotov co-founder and CEO Jean-David Blanc will become chief strategy officer  —  fuboTV is making a significant move in Europe with plans to acquire Molotov, a French startup with a leading television streaming service. fuboTV …
Sidney Fussell / Wired:
Consumer advocates say buy now, pay later services like Afterpay and Affirm can be especially confusing for younger users and make it easy to get overextended  —  Services such as Afterpay, Affirm, and Klarna are soaring in popularity and valuation.  But consumer advocates say they make it easy to get overextended.
Rest of World:
Journalists and analysts talk of muted reactions to the Facebook Papers over Meta's failure to stop hate speech and misinformation in the Global South  —  “Very little of what I have read about the papers comes as a surprise.”  —  When news emerged about a leaked trove of documents …

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Earlier Picks

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Kyle Wiggers / VentureBeat: