Techmeme
October 17, 2021, 2:15 PM

Top News

Patrick McGee / Financial Times:
Analysis: Apple Search Ads now account for 58% of iOS app installs from an ad click, up from 17% a year ago; Apple to earn $5B from its ads business in FY 2021  —  iPhone maker's share of mobile app advertising market has tripled in six months  —  Apple's advertising business has more than tripled …
Wall Street Journal:
Internal documents: Facebook's AI has minimal success enforcing its rules against problematic content, including removing just an estimated 3%-5% of hate speech  —  AI has only minimal success in removing hate speech, violent images and other problem content, according to internal company reports
Kim Lyons / The Verge:
Facebook disputes WSJ report, saying the prevalence of hate speech on the platform dropped by 50% over the past three years to about 0.05% of content viewed  —  The Wall Street Journal said in a new report that Facebook's AI is not consistently successful at removing objectionable content
Lucas Shaw / Bloomberg:
Internal document: Netflix estimates Squid Game will create almost $900M in value for the company; 87M viewers finished the series in the first 23 days  —  More than 130 million people have watched the Korean show  —  Netflix estimates that its latest megahit, “Squid Game,” …
Julie Jargon / Wall Street Journal:
Some doctors in the US and other countries say TikTok videos about Tourette syndrome may be contributing to a rise in cases of teen girls with physical tics  —  When teens started turning up in doctors' offices with sudden, severe physical tics, specialists suspected social media …
New York Times:
Internal docs: Instagram spent the majority of its global annual marketing budget since 2018 targeting teenagers, as it worries about losing its user “pipeline”  —  The app, hailed as Facebook's growth engine, has privately wrestled with retaining and engaging teenagers, according to internal documents.
Sami Fathi / MacRumors:
Gurman: a Mac developer says new MacBook Pro chips named M1 Pro and M1 Max appeared in app logs; MagSafe charging will return to MacBook Pros  —  A little more than 24 hours until Apple's much-awaited launch of redesigned 14-inch and 16-inch MacBook Pros, new evidence has emerged suggesting …
Mitchell Clark / The Verge:
Valve quietly updates Steam's rules to ban games “built on blockchain technology that issue or allow exchange of cryptocurrencies or NFTs”  —  Your move, Epic Games Store  —  Games that use blockchain technology or let users exchange NFTs or cryptocurrencies won't be allowed on Steam …
Connie Guglielmo / CNET:
Interview with Michael Dell on his new book Play Nice but Win, battling Carl Icahn before taking Dell private in 2013, his friendship with Steve Jobs, and more  —  From starting a PC business in his college dorm room to fighting over control of his company, Dell's new memoir dives into entrepreneurship.
Tripp Mickle / Wall Street Journal:
A look at YouTube's in-house creator partnerships team, which has over 1,000 employees across 45 countries offering advice and guidance to about 12,000 creators  —  The site has spent more than a decade building an in-house agency for digital superstars, drawing ad sales, sponsorships and other revenue
Kyle Chayka / New Yorker:
A look at Raya, a secretive subscription-based social network with a rigorous user selection process and a rigid code of silence for accepted members  —  The app has created a space free of the problems that plague the rest of the Web, but only by leaving almost everybody out.

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