Techmeme
November 11, 2021, 12:41 PM

Top News

Taylor Hatmaker / TechCrunch:
Discord CEO Jason Citron says the service has no plans to add crypto and NFT tools, after backlash to an internal concept he shared on Twitter  —  Discord founder and CEO Jason Citron sought to reassure users Wednesday that the company doesn't have impending plans to shift its business toward NFTs.
Takashi Mochizuki / Bloomberg:
Sources: Sony has cut PS5 production targets from 16M to 15M by March 2022, due to component and logistics constraints, as PS5 first-year sales fall behind PS4  —  - Full-year PS5 sales goal at risk from production snags  — Sony CFO warned Covid-19 still affecting output and supply
Lucas Shaw / Bloomberg:
Alex Weprin / Hollywood Reporter:
Disney misses Q4 estimates after slower streaming services growth: Disney+ added 2M subscribers to 118M, Hulu added 700K to 39.7M, and ESPN+ added 2.3M to 17.1M  —  The streaming service now has 118 million subscribers, up only 2 million from last quarter.  —  Disney posted muted earnings …
Mitchell Clark / The Verge:
YouTube starts hiding public dislike counts on videos to keep smaller creators from being targeted by dislike attacks, following a test in March  —  Creators will still be able to see how many people disliked their videos  —  YouTube has announced that it'll be hiding public dislike counts on videos across its site, starting today.
Sarah Perez / TechCrunch:
Instagram is testing Take a Break, an opt-in feature that reminds users to take a break after 10, 20, or 30 minutes  —  Instagram head Adam Mosseri announced today the comapny has begun testing a new feature this week called “Take a Break” which will allow users to remind themselves …
Brian Ashcraft / Kotaku:
Something Awful administrator says founder Richard “Lowtax” Kyanka has died at 45; founded in 1999, SA's influence over the contemporary web has been huge  —  Kyanka created the influential Something Awful website in 1999  —  Longtime Something Awful forum administrator Fragmaster posted …
Ben Brody / Protocol:
The US Justice Department sues Uber, alleging the company overcharged riders with disabilities in violation of the Americans with Disabilities Act  —  The U.S. Justice Department said Wednesday it filed a lawsuit against Uber, alleging the company charged disabled passengers a “wait time” fee when they were slow to enter their rides.
Wall Street Journal:
A look at Elon Musk's preplanned moves for Tesla stock, after it fell 12%+ following his weekend Twitter poll where users voted he should sell 10% of his shares  —  Three-days of share disposals come as the billionaire chief executive exercises a large number of stock options
Catalin Cimpanu / The Record:
Bradley Chambers / 9to5Mac:
Apple unveils Business Essentials for SMBs, with device management, iCloud storage, and more, starting at $2.99/month per user and launching in spring 2022  —  Apple is introducing a new business offering called Apple Business Essentials that combines device management …
Reuters:
Sources: Didi plans to relaunch its ride-hailing and other apps in China, as Beijing's investigations begin to conclude; source says Didi expects a ~$1.6B fine  —  Didi Global (DIDI.N) is preparing to relaunch its ride-hailing and other apps in China by the end of the year in anticipation …
More: Bloomberg
Alex Roha / FinLedger:
Atomic, which provides an API for fintech companies and banks to launch investment products, raises a $25M Series A co-led by QED Investors and Anthemis  —  San Francisco-based startup Atomic, which provides an investing API for fintechs and banks, has collected $25 million in a Series A round …
More: Finextra and PYMNTS.com

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