| Joe Rossignol / MacRumors: |
After Apple rolls out its new App Store ad units, prominent developers complain about gambling ads appearing in their app listings with no way to turn them off — Apple today rolled out new ad placements in the App Store on the iPhone, allowing developers to advertise their apps in more places … | Edward Ludlow / Bloomberg: |
Elon Musk changes his Twitter bio to Chief Twit and visits the company's San Francisco office; memo to employees: “you'll all hear directly from him on Friday” — Elon Musk made his presence felt at Twitter's San Francisco headquarters Wednesday, posting a video clip of himself walking … | Berber Jin / Wall Street Journal: |
Sources: a16z's flagship crypto fund is down ~40% in H1 2022, above the 10%-20% losses at rival funds; a16z dramatically slowed its crypto investments in 2022 — Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’ — Crypto Crashed, Coinbase's Stock Followed: What Went Wrong| Nelson Wang / CoinDesk: |
Meta's Reality Labs division posts a $3.67B loss for Q3 2022 on $285M in revenue vs. $406M est., up from its Q2 2022 loss of $2.81B on $452M in revenue — Meta's revenues for the division came in at $285 million, down from $452 million in the second quarter.| Meta - Investor Relations: |
| Reuters: |
Sources: the US DOJ launched a criminal probe into Tesla in 2021 that is still underway, following over a dozen crashes, some fatal, with Autopilot activated — Tesla Inc (TSLA.O) is under criminal investigation in the United States over claims that the company's electric vehicles can drive themselves … | Wayne Ma / The Information: |
Source: Apple is working on an iPad with a 16-inch screen, the largest iPad yet and in line with the company's largest laptop, and is planning a Q4 2023 release — Apple is developing its largest iPad yet, a model with a 16-inch screen that it hopes to release in the fourth quarter of next year … | Emma Roth / The Verge: |
Spotify says Apple's behavior is “choking competition” after Apple rejected its proposed audiobook purchasing process three times for breaking App Store rules — The company called Apple practices “anticompetitive” and said it was “choking competition” in a blog post published … | Alex Heath / The Verge: |
| Lauren Hirsch / New York Times: |
A profile of Delaware Chancery Court judge Kathaleen McCormick, who is overseeing the Elon Musk-Twitter lawsuit and set an October 28 deadline to close the deal — Kathaleen St. J. McCormick, the chief judge of Delaware's Chancery Court, gave Mr. Musk until Friday to acquire Twitter.| Aaron Tilley / Wall Street Journal: |
A look at HoloLens' development, as Microsoft ceded its early lead in AR to Meta and others; one executive blames a lack of money and people behind the effort — Problems plagued development of its HoloLens augmented reality headset; ‘we had the opportunity to own this market’| Steve Johnson / Financial Times: |
Analysis: one year after the most successful ETF launch to date, ProShares' bitcoin ETF has lost ~$1.2B of investors' money as its share price has dropped 70% — BITO's 70 per cent decline suggests it has burnt through $1.2bn of investors' cash — One year after its record-breaking launch … | Clare Duffy / CNN: |
LinkedIn starts letting users verify their profile with a work email address or phone number and plans to alert users if a message they receive seems suspicious — Here's how Elon Musk calculated the number of bots on Twitter — Robot artist Ai-Da reset while speaking to UK politicians| Richard Vanderford / Wall Street Journal: |
Google agrees to improve its compliance program for legal demands in a settlement with the US DOJ, which said Google lost data sought by investigators in 2016 — The tech company will be monitored by a compliance professional after the Justice Department said Google lost data sought in a U.S. investigation| Ashley Capoot / CNBC: |
Mobileye's stock pops 37.95% on its first day of trading after spinning out from Intel — - Shares of self-driving car technology company Mobileye climbed in their first day of trading on Wednesday after Intel sold stock to the public. — Intel bought the Israeli company for $15.3 billion in 2017 … | Echo Wang / Reuters: |
| Reuters: |
SK Hynix warns memory chip demand faces an “unprecedented deterioration” and reports Q3 2022 operating profit fell 60% YoY to ~$1.16B amid soaring inflation — South Korea's SK Hynix Inc (000660.KS) warned on Wednesday of an “unprecedented deterioration” in memory chip demand … | Jon Swartz / MarketWatch: |
Alphabet reports Google ad sales of $54.5B in Q3, up from $53.1B YoY, missing estimates of $56.6B, and Google Search revenue of $39.5B, up from $37.9B YoY — Total Google ad sales miss expectations by more than $2 billion as Alphabet revenue grows at its slowest pace in more than two years
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Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
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