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November 12, 2021, 6:15 PM
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| Hannah Murphy / Financial Times: |
Internal memo: Andrew Bosworth says Meta's virtual worlds need “almost Disney levels of safety” but moderation at “meaningful scale is practically impossible” — Internal memo from Andrew Bosworth lays out the scale of the challenge
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Wall Street Journal, Wall Street Journal, New World Notes, Insider, Benzinga, and Pixel Envy
Tweets: @mshannahmurphy, @mshannahmurphy, @mshannahmurphy, @mims, @hblodget, @karlbode, @evelyndouek, @matthewfederman, @peterwsinger, @somebadideas, @genepark, @oliviasolon, @martyswant, @amir, @stevesi, @lanceulanoff, @harrymccracken, @counternotions, @mshannahmurphy, @joannastern, @ajitpai, @minimaxir, @rmac18, @mshannahmurphy, @alexweprin, @joannastern, @markdistef, @edzitron, @joannastern, and @malcolmmoore
| Peter Kafka / Vox: |
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The Information, CPO Magazine, Insider, and Quartz
| Maxwell Strachan / VICE: |
Interview with Sam Lessin and YouTuber Marina Mogilko about a $1.7M investment in her, in exchange for 5% of her creator-related earnings for the next 30 years — She gets $1.7 million. Sam Lessin's venture firm gets 5% of her creator earnings for 30 years. “it's def not indentured servitude,” he says.
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Puck. Tweets: @lessin, @cdgoldstein, @mattdpearce, @tomgara, @katiedrumm, @timmarchman, @jblock49, @xoxogossipgita, @josephfcox, @themaxburns, @jason_koebler, @maxwellstrachan, @samfbiddle, and @alex
| Drew Harwell / Washington Post: |
US contract lawyers say remote work surveillance programs that use facial recognition have become widespread in the industry — The attorneys worry that if law firms, traditionally the defenders of workers' rights, are turning to the programs, why wouldn't every other business?
More:
The Register and VentureBeat
| Hartley Charlton / MacRumors: |
The latest iOS 15.2 beta adds a manual Macro mode toggle to the Camera app on the iPhone 13 Pro and iPhone 13 Pro Max — The second beta of iOS 15.2 adds a toggle for Macro mode on the iPhone 13 Pro and iPhone 13 Pro Max when Auto Macro is disabled in Settings, enabling users …
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AppleInsider, XDA Developers, The Verge, 9to5Mac, 9to5Mac, iPhone Hacks, iDownloadBlog.com, iMore, techadvisor.com, and iClarified. Tweets: @dylanmcd8
| Robin Sloan / The Society of the Double Dagger: |
Web3 notes from a sci-fi writer and “enemy” of the tech: it shows new protocols are still possible, but is expensive, undemocratic, and impedes ephemerality — It's possible you have, in recent months, seen people writing with excitement (or curiosity, or consternation) about “Web3”.
Tweets: @caseynewton, @levie, @samfbiddle, @hatr, @jamespmcleod, @navalang, @rstephens, @katherinemiller, @adora, @reedmaniac, @gaberivera, @harrymccracken, @codybrown, @alexhern, @craigmod, @mikeisaac, @arainert, @mikeisaac, @jasonschreier, @killedbygoogle, @hautepop, @katiedreke, @bluechoochoo, @dangillmor, @stammy, and @tynanpants
| Tanzeel Akhtar / CoinDesk: |
Forte, a blockchain-based gaming infrastructure startup, raises a $725M Series B led by Sea Capital and Kora Management, bringing its total funding to $900M — Forte will use the funding, which brings its total capital raised this year to more than $900 million, to expand its products and services.
More:
Business Wire, SiliconANGLE, Decrypt, Blockworks, The Block, and VentureBeat
Tweets: @jefftunn and @forteplatform
| Katie Silver / BBC: |
Alibaba's annual Singles Day event sees 8.5% YoY sales growth, the slowest since its launch in 2009, but customer spending still hit a record $84.5B — Chinese e-commerce giant Alibaba's Singles Day is known for being the world's biggest online shopping extravaganza.
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CNBC, AppleInsider, PYMNTS.com, iThinkDifferent, PingWest, iPhone Hacks, The Guardian, Reuters, CNN, and Wall Street Journal
| Amanda Silberling / TechCrunch: |
Facebook rolls out new shopping features, including Shops in Groups, product recommendations in the News Feed, and a test of Live Shopping for Creators — Facebook announced today that it's rolling out new shopping features: Shops in Groups, product recommendations and a test of Live Shopping for Creators.| Reuters: |
Foxconn beats estimates as Q3 net profit rose 20% YoY to $1.33B and warns its smartphone business revenue could slide more than 15% in Q4 — Taiwan's Foxconn (2317.TW), which assembles iPhones for Apple (AAPL.O), reported a better-than-expected third-quarter profit on Friday …
More:
Wall Street Journal, Benzinga, BNN, iThinkDifferent, iPhone in Canada Blog, iMore, 9to5Mac, MacRumors, The Economic Times, AppleInsider, and The Mac Observer. Tweets: @wsj
| Politico: |
A look at the relationship between Frances Haugen and the anti-tech lobbying group Reset, which guided her through the complex world of European policymaking — As soon as Frances Haugen landed in Europe, she was given the VIP treatment. She met senior officials in Paris, Berlin and London.| Devin Coldewey / TechCrunch: |
Blackshark.ai, the Austrian startup that built the digital twin of Earth in Microsoft's Flight Simulator, raises a $20M Series A led by M12 — Blackshark.ai, the Austrian startup behind the digital globe you fly over in Microsoft's Flight Simulator, has raised a $20 million round A to develop and scale its replica-Earth tech.| Amanda Silberling / TechCrunch: |
Instagram tests paying $10,000+ bonuses to select Reels creators, as part of a program announced in July — Instagram really wants you to post Reels — they'll even pay you up to $10,000 for one, if you're lucky. — As TikTok surpasses the 1 billion monthly active users mark …
Source:
Instagram. More:
Gizmodo, New York Post, Protocol, Digital Trends, Mashable, Bankless Times, The Verge, iPhone Hacks, KnowTechie, BGR India, iMore, The Verge, PhoneArena, Engadget, 9to5Mac, SAMAA, Social Media Today, and Tubefilter
Tweets: @_msalhotra, @cowbuttcrunchie, @positivesteven, @erikaheidewald, @yayahan, @yayahan, and @alex193a
| Andrew Perrin / Pew Research Center: |
Survey: 16% of US adults, including 43% of men aged 18 to 29, say they have invested in, traded, or used a cryptocurrency — The vast majority of U.S. adults have heard at least a little about cryptocurrencies like Bitcoin or Ether, and 16% say they personally have invested in …
More:
Cointelegraph, TechSpot, BitcoinExchangeGuide, CNET, and Cryptonews
Tweets: @brianroemmele, @pewresearch, and @delitzer
| Takashi Mochizuki / Bloomberg: |
Toshiba responds to shareholder pressure by announcing it will split into three companies, focusing on infrastructure, tech devices, and memory chips — - Plans 100 billion yen for shareholder returns over two years — Company has endured years of scandals and controversy
More:
BBC, Reuters, Liliputing, Gizmodo, and DealStreetAsia
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Tweets: @elonmusk, @elonmusk, @elonmusk, @ronwyden, @truth_tesla, @carnage4life, @ryan_browne_, @dealbook, and @juddlegum