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October 4, 2021, 5:20 AM
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| CBS News: |
In a 60 Minutes interview, the Facebook Files whistleblower says the company is misleading the public on progress against hate speech, misinformation, more — Frances Haugen says in her time with Facebook she saw, “conflicts of interest between what was good for the public and what was good for Facebook.”
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Tweets: @franceshaugen_, @60minutes, @jason_kint, @mariaressa, @mariaressa, @jeffhorwitz, @rmac18, @ceciliakang, @kimzetter, @martijnrasser, @katies, @ceciliakang, @ndhapple, @kurtwagner8, @newley, @brooklynmarie, @seanconner2023, @jason, @amir, @gregbensinger, @williams_paige, @attorneynora, @newley, @usrepkcastor, @newley, @brianstelter, @60minutes, @esosa_osa, @blackamazon, @newley, @b52malmet, @danieljkelley, @rmac18, @nicoleperlroth, @rmac18, @evacide, @mistercommodity, @aaronhuertas, @profcarroll, @jimrichards1010, @ultraviolet, @benfranklin2018, @rmac18, @naijaflyingdr, @chetfaliszek, @dseetharaman, @mikeisaac, @tripgabriel, and @juliaangwin
| Mike Isaac / New York Times: |
Prior to the 60 Minutes interview, Nick Clegg posted an internal memo saying the whistleblower would accuse Facebook of relaxing election safeguards too soon — In an internal memo, Facebook defended itself and said that social media was not a primary cause of polarization. — Read in app
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| Jeff Horwitz / Wall Street Journal: |
Ex-Facebook PM Frances Haugen comes forward as a key source behind Facebook Files, says she became increasingly alarmed by how profits came before public safety — The former Facebook employee says her goal is to help prompt change at the social-media giant
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| Chance Miller / 9to5Mac: |
Gurman: M1X-powered MacBook Pros with 8 high-performance cores, 2 high-efficiency cores, and 16 or 32 graphics cores, will launch “in the next month” — Now that the iPhone 13 and Apple Watch Series 7 have officially been announced, attention has shifted to Apple's highly …
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Bloomberg. More:
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Tweets: @lukemiani, @stroughtonsmith, @rustybrick, and @samifathi_
| Tim Higgins / Wall Street Journal: |
Analysis: Apple's operating profits from games in FY 2019 totaled $8.5B, $2B more than the combined profits of Sony, Activision, Nintendo, and Microsoft — CEO Tim Cook quietly turned the iPhone company into a superpower in the videogame business. Now he's fighting rivals in a multiplayer universe.| Sami Fathi / MacRumors: |
Kuo: Apple has canceled plans to release an iPad Air with an OLED display in 2022 due to quality and cost concerns, will still release mini-LED 11" iPad Pro — Apple has canceled its plans to release an updated iPad Air with an OLED display next year due to concerns around quality and costs …
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Tweets: @briantong, @aapltree, @joe_wrighttt, @ethanlipnik, and @apple_tomorrow
| Bloomberg: |
A shortage of silicon metal, sparked by China cutting output, has sent prices up 300% in less than two months, impacting production of chips, glass, and more — - Silicon metal output disrupted amid electricity curbs in China — Chemicals firms declare force majeure on silicone products| Yoolim Lee / Bloomberg: |
Indonesian stock trading app Ajaib raises $153M Series B led by DST Global at a $1B valuation; Robinhood backers Ribbit, ICONIQ, and IVP joined the round — - Robinhood backers DST Global, Ribbit, ICONIQ, IVP joined round — App founded by Stanford MBA classmates targets young traders| Chris Metinko / Crunchbase News: |
Analysis: global VC funding for semiconductor startups has reached $3.7B in 2021 so far, up from 2020's record of $3.4B; US-based startups raised ~$1.7B — Editor's note: This is Mergers & Money, a monthly column by Senior Reporter Chris Metinko that covers dealmaking in the enterprise tech space.
Tweets: @crunchbasenews
| Manish Singh / TechCrunch: |
Ula, a food-focused B2B e-commerce marketplace in Indonesia, raises $87M Series B with investors including Jeff Bezos, following its $20M Series A in January — Updated at 8.15pm PT, October 3: In a statement, Ula confirmed TechCrunch's reporting. The startup said it has raised $87 million in its Series B financing round.
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FinSMEs, Benzinga, and Tech in Asia
| Issie Lapowsky / Protocol: |
Apple and Google could help with child safety online by determining a user's age at device setup and sharing it with apps implementing child safety features — At a moment of almost frightening technological advancement, the tech industry's best defense against children accessing websites … | Nabila Ahmed / Bloomberg: |
Australia-based Cover Genius, a B2B insurance service which counts eBay and Intuit as partners, raises A$100M Series C led by Sompo Holdings at a A$1B valuation — - Investors included G Squared, Japanese insurer Sompo Holdings — Fundraise is among the biggest by an Australian fintechSponsor Posts
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