Techmeme
October 12, 2022, 9:45 AM

Top News

Parmy Olson / Bloomberg:
Mark Zuckerberg's metaverse keynote did nothing to address enormous skepticism and shows why the idea should have been an R&D project, not Meta's future  —  As Mark Zuckerberg spoke to the camera in a pre-recorded presentation on Tuesday to kick off Meta Platforms Inc.'s annual virtual reality conference …
The Verge:
Darrell Etherington / TechCrunch:
Meta on YouTube:
Adi Robertson / The Verge:
Hands-on with Meta Quest Pro: feels like a sophisticated development kit with a thoughtful design, improved controllers, one to two hours of battery, and more  —  Meta's new high-end headset introduces eye tracking and mixed reality for $1,499 … The first thing I notice with the Meta Quest Pro is the fit.
Adi Robertson / The Verge:
Meta unveils the $1,499 Quest Pro headset, offering eye and face tracking and color passthrough video for mixed reality, shipping on October 25 in 22 countries  —  Meta has finally announced the Meta Quest Pro: a $1,499 virtual reality headset it's been teasing for the past year.
Bloomberg:
Sources: Intel is planning major job cuts, likely in the thousands, close to October 27; some divisions, including sales and marketing, could see ~20% cuts  —  Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope …
Christopher Dring / GamesIndustry.biz:
The UK's CMA details its concerns with Microsoft's Activision acquisition, including withholding games from rivals; Microsoft argues Sony is the dominant player  —  The CMA expects the deal to impact PlayStation and game streaming  —  The Competition and Markets Authority has detailed …
Sam Kessler / CoinDesk:
Mango Markets, a DeFi platform on Solana, says a hacker stole some of its funds “via an oracle price manipulation”; blockchain auditor OtterSec estimates $100M+  —  Mango's MNGO token was down over 40% after suffering from the latest massive decentralized finance exploit.
Jon Porter / The Verge:
Roku partners with Wyze to release smart home products, including lighting, plugs, and cameras, sold exclusively at Walmart starting October 17  —  Roku has officially announced a lineup of smart home gadgets that includes lighting, plugs, and cameras.  The devices, which were …
BBC:
TikTok plans to take prompt action against “exploitative begging” after an investigation found refugees in Syrian camps pleading for digital gifts on the app  —  BBC Global Disinformation Unit, BBC News Arabic and BBC Eye Investigations  —  Displaced families in Syrian camps …
Jay Peters / The Verge:
Meta announces Horizon Worlds avatars are getting legs using an AI model to predict the body's position, an avatar store, avatars are coming to Reels, and more  —  Meta's Horizon avatars will be getting legs.  So far, the company's avatars have weirdly just hovered off the ground …
Chance Miller / 9to5Mac:
Kuo predicts that, in the next three to five years, Apple may be able to supply the US market, or ~25% of global shipments, from assembly sites outside of China  —  Apple analyst Ming-Chi Kuo is out today with some new predictions on how Apple can continue to reduce its reliance on China.
John Reed / Financial Times:
Tom Warren / The Verge:
Meta partners with Microsoft to bring Teams, Office, Windows 365, and Xbox Cloud Gaming to Quest VR headsets in the coming months; Teams will use Meta's avatars  —  Microsoft and Meta looked like they were on a collision course last year, poised to compete heavily for the future of work in the metaverse.
Scott Stein / CNET:
A look inside Meta's Reality Labs, featuring demos of a neural input wristband, 3D audio, photorealistic avatars with Codec Avatars 2.0, and 3D object scanning  —  My visit to a future that isn't quite here yet: neural wristbands, ghostly 3D audio and lifelike avatars.  Plus, the new Meta Quest Pro.
More: MemeburnTweets: @jank0Thanks:@stshank
Jim Waterson / The Guardian:
Netflix joins the British ratings agency, or BARB, as a full member, publishing independently audited viewing figures on individual shows for the first time  —  Streaming service's decision to sign up to independent ratings agency is world first and will give insight into its cultural power
Manish Singh / TechCrunch:
Indian edtech giant Byju's plans to lay off 5% of its workforce, or around 2,500 people, in a bid to achieve profitability by 2023  —  Indian edtech giant Byju's said on Wednesday it has eliminated 5% of its workforce, or about 2,500 roles, across multiple departments as it looks to improve …

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