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October 12, 2022, 9:15 AM
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| 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 …
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TechCrunch, Stratechery, Associated Press, ExtremeTech, Bloomberg, and Vox
Tweets: @keithdsouza, @quinnypig, @firstadopter, @parmy, and @firstadopter
| Darrell Etherington / TechCrunch: |
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Telecoms.com. Tweets: @moomanibe, @mgsiegler, @rmac18, @shiraovide, @thedextriarchy, @tina__nigro, @iansherr, @geoffreyfowler, @kylebrussell, @anshelsag, @nickstatt, @azeem, @levynews, @rachelmetz, @joannastern, @kylebrussell, @kevinmarks, @seflless, @karlbode, @anshelsag, @kashhill, @bridgetcarey, @jank0, @kevincow, and @meathamski
| Meta on YouTube: |
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Silicon Republic, NextPit, UploadVR on YouTube, BGR India, and Tom's Guide
| 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.| 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.
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Engadget, Coinspeaker, Digit, Tom's Guide, Washington Post, Oculus Blog, Bloomberg, Gamereactor UK, Road to VR, and Forbes
Tweets: @reckless, @pierce, and @simon_goldberg
| 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 …
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MacRumors, Engadget, Barron's Online, Tech Monitor, Globes Online, The Verge, Fast Company, RTÉ, City A.M., TechPowerUp, and SiliconANGLE
Tweets: @witeken, @markgurman, @scottlincicome, @iansherr, @tculpan, @iron_man_actual, and @jimcramer
| 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.
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Web3 is going just great, Blockworks, crypto.news, Ethereum World News, CryptoSlate, Fortune, Cryptonews, Watcher Guru, CoinJournal, Bitcoinist.com, CoinGape, NewsBTC, Decrypt, and Bloomberg
Tweets: @osec_io, @mangomarkets, @osec_io, @mangomarkets, @idrawcharts, @cryptogodjohn, @cokedupoptions, @0xfoobar, @tier10k, @nickatfp, and @chainlinkgod
| 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 …
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Video Games Chronicle, BBC, Game Developer, Bloomberg, Video Games Chronicle, FOSS Patents, TheGamer, TrueAchievements, Eurogamer.net, Game Rant, Gameranx, Pure Xbox, and Wccftech
Tweets: @tomwarren, @tomwarren, @nibellion, @alexhern, @nickstatt, @nickstatt, @nickstatt, @firstadopter, and @tomwarren
| 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.
More:
Philip Elmer‑DeWitt, iMore, and PhoneArena
Tweets: @mingchikuo, @mingchikuo, @julianku, and @mingchikuo
| John Reed / Financial Times: |
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9to5Mac, BGR India, TechCircle, and Digit
Tweets: @tanarrowz, @johnreedwrites, @jyots43, @b_parkyn, @talalrafi7, and @chriskeall
| 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 …
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Fortune and International Business Times
Tweets: @tomgara, @hannah_gelbart, @marwasf, @mikebutcher, @catalinagoanta, @emily_wight, @carnage4life, @tombateman, @catalinagoanta, @nimsaw, and @samahhadid
| Abner Li / 9to5Google: |
Google rolls out support for signing in with passkeys on Android and Chrome to beta testers ahead of a wider launch in 2022 — Apple, Google, Microsoft, and others in the industry want to replace website/app passwords with “passkeys” that just require you to unlock your device.| 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 …
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Mashable, Washington Post, Gizmodo, PC Gamer, TechCrunch, Insider, TechRadar, BGR India, and The Overspill
Tweets: @meta, @metahorizon, @dcseifert, @fred_delicious, @danriffle, @markgongloff, @yo, @dwdavison, @brianklaas, @_pem_pem, @alexanderchee, @triketora, @chrismessina, @mattgertz, @lopezlinette, @carnage4life, @parikpatelcfa, @carnage4life, @danpfeiffer, @landwomble, @itsthebrandi, @jamesfrye, @risutoinu, @fbbagholder, @ballmatthew, @naominixwrites, @kevinroose, @shiringhaffary, @nickstatt, @nathievr, and @kurtwagner8
| 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.
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Memeburn. Tweets: @jank0, @stevencmutter, @paul__walsh, @gczawurdo, and @techledes. Thanks:@stshank
| Ryan Browne / CNBC: |
Blockchain web search startup nxyz, founded by ex-Google executive Sridhar Ramaswamy, raised a $40M Series A in May led by Paradigm; Ramaswamy also runs Neeva — - Sridhar Ramaswamy, who led Google's advertising business from 2013 to 2018, has launched a Web3 company called nxyz.
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Business Wire, CoinDesk, and The Block
| The Verge: |
Q&A with Mark Zuckerberg on the Quest Pro, mixed reality, the Microsoft partnership, metaverse plans, TikTok, BeReal, the Discovery Engine approach, and more — A year after rebranding Facebook to Meta, Mark Zuckerberg is still all in on building the metaverse
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The Verge, Stratechery, Livemint, Oculus Blog, iMore, CNBC, Counterpoint Research, and PhoneArena
Tweets: @verge, @anshelsag, @benadamsondxb, @munster_gene, @alexeheath, @iumerraja, @counternotions, @corbindavenport, @joannastern, @alexeheath, @verge, @munster_gene, @mikeinberkeley, @siuying, @shiraovide, @antranaut, @blakedgross, @jonathanvanian, @alexeheath, @samifathi_, @modestproposal1, @reckless, and @alexeheath
| 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 …
More:
Reuters and Business Insider
| 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
More:
Engadget, Fortune, BetaNews, BBC, The Hollywood Reporter, and ExchangeWire.com
Tweets: @martinsfp, @scottygb, @jimwaterson, and @scottygb
| Matt Robinson / Bloomberg: |
Source: the US SEC is investigating whether Yuga Labs, the creator of Bored Ape Yacht Club NFTs, violated securities laws by selling its NFTs and ApeCoins — The US Securities and Exchange Commission is investigating Yuga Labs Inc., the creator of the popular Bored Ape Yacht Club collection of NFTs …
More:
Metaverse Post, Cryptonews, CoinGape, CoinDesk, Watcher Guru, The Block, Fortune, Cryptopolitan, and Coinspeaker
Tweets: @emilyjnicolle, @sxtvik, @loopifyyy, @noondlyt, @lookonchain, @pauly0x, and @creamcurtis
| Natasha Mascarenhas / TechCrunch: |
Sources: NYC-based health coaching app developer Noom, reportedly valued at $3.7B in May 2021, laid off 10%, or ~500 people, mostly from its coaching team — Noom, a health coaching platform valued at $3.7 billion last year, is laying off a portion of staff for the second time in a matter of months …
More:
Wall Street Journal and International Business Times
Tweets: @nmasc_, @pkedrosky, @carnage4life, and @jhtscherck
| Jiyoung Sohn / Wall Street Journal: |
South Korean chipmaker SK Hynix confirms receiving a one-year exemption from new US export restrictions on China, letting it supply its China-based facilities — The South Korean memory-chip giant is the first to publicly disclose an exemption that avoids production disruptions
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Nikkei Asia, AppleInsider, Wall Street Journal, Reuters, Reuters, and The Korea Herald
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