Techmeme
October 27, 2021, 1:20 PM

Top News

Tom Warren / The Verge:
Microsoft reports overall gaming revenue of $3.6B in Q1, up 16% YoY, with hardware revenue up 166% YoY on continued demand for Xbox Series X and S consoles  —  Microsoft's overall cloud revenue has jumped by 31 percent  —  Microsoft posted the first quarter of its 2022 financial results today …
Steve Clarke / Microsoft:
Casey Newton / Platformer:
Ex-Facebook integrity member says articles on Haugen leaks are based on internal posts and comments, making it hard to assign credibility as names are redacted  —  A former integrity worker on Facebook's internal “posting culture” and why it's easy to misread the Haugen leaks
Casey Newton / Platformer:
Kyle Orland / Ars Technica:
Amid harassment fallout, Blizzard says it will pause plans for next year's BlizzCon event to focus on supporting its teams and game development  —  Feb. show nixxed in favor of “supporting our teams and progressing development...”  —  Following an online-only BlizzCon earlier this year …
Chaim Gartenberg / The Verge:
Intel launches its 12th-gen Alder Lake chips, led by the flagship Core i9-12900K CPU with 16 cores for $589, shipping November 4  —  A new era for Intel begins  —  Intel's 12th Gen Alder Lake chips have finally arrived, ushering in a new era of the company's chips, lead by the flagship Core i9-12900K CPU …
Jon Brodkin / Ars Technica:
FCC orders China Telecom Americas to stop providing services in the US within 60 days, says the US unit is subject to Chinese government control and influence  —  China Telecom Americas ordered to stop providing service in US within 60 days.  —  The Federal Communications Commission today voted …
Justine Calma / The Verge:
Microsoft sets a goal of reducing data center water consumption by 95% by 2024, building on broader 2030 climate commitments  —  It's turning to new technology to cool servers without using water  —  Microsoft ramped up its commitments today to conserve water and energy in its data centers …
Nancy Scola / New York Magazine:
Interview with FTC Chair Lina Khan on leading the agency, its regulatory failures and avoiding future missteps, Facebook, Amazon, Alphabet, and more  —  Lina Khan was an associate professor at Columbia Law, working remotely from Texas, when she found out that President Joe Biden wanted her on the Federal Trade Commission.
Wall Street Journal:
Sources: FTC staff are investigating whether Frances Haugen's documents show Facebook violated a 2019 privacy settlement that included a record $5B fine  —  Lawmakers want agency to determine if Facebook engaged in deceptive conduct; company says internal research is mischaracterized
Todd Spangler / Variety:
Spotify reports Q3 revenue of $2.9B, up 27% YoY; MAUs rose 19% YoY to 381M as Premium users rose 19% YoY to 172M; ad sales rose 75% YoY to $374M; stock up 6%+  —  Spotify posted double-digit gains for overall monthly users and paid subscribers for the third quarter of 2021, in line with expectations …
Alphabet:
Jennifer Elias / CNBC:
Christine Hall / TechCrunch:
Fellow, which offers meeting management tools, raises a $24M Series A led by Craft Ventures, bringing total funding to $30.5M  —  As more people venture back into the office, meetings have become more hybrid, with people at both home and in the office.  Fellow aims to help managers …
More: FinSMEs and BetaKit
Ron Miller / TechCrunch:
Abacus.AI, which helps companies manage AI models, raises a $50M Series C led by Tiger Global, bringing its total funding to over $90M  —  Abacus.ai wants to build an AI platform that simplifies machine learning model creation, while still leaving room for power users.
Foo Yun Chee / Reuters:
EU opens an investigation into Nvidia's planned Arm acquisition on competition grounds, the latest setback for the deal  —  Nvidia (NVDA.O) suffered a setback on Wednesday as EU antitrust regulators opened a full-scale investigation into its $54 billion bid for British chip designer ARM …
More: Bloomberg and CNBC
Steve Dent / Engadget:
Adobe announces Photoshop and Illustrator web apps to improve collaboration, make quick edits, and more  —  Adobe has announced that it's taken “a major step forward for collaboration” by bringing its Photoshop and Illustrator apps to the web.  The idea is not to do let you do complex work from a web page …
Mary Ann Azevedo / TechCrunch:
New York-based Extend, which helps financial institutions offer virtual cards, raises a $40M Series B led by March Capital  —  We've written a lot about fintechs that aim to help other fintechs and traditional banks launch products and services.  —  But it feels like we have written far less …
More: FinLedger and Finextra
Christine Hall / TechCrunch:
Truepill, which offers telehealth and prescription delivery services, raises a $142M Series D at a $1.6B valuation, bringing total funding to $256M  —  After developing a network of telehealth, diagnostics and pharmacies for consumers, digital health company Truepill is targeting healthcare incumbents …

Sponsor Posts

Google:
Gemini 2.5 Pro: Our most intelligent AI model  —  Gemini 2.5 Pro (experimental) is now available, with thinking capabilities, enhanced performance, and improved accuracy.  Try it at no cost in the Gemini app.
UiPath:
Introducing the UiPath Platform™ for agentic automation  —  UiPath's new platform empowers enterprises to experience the full power of AI to transform industries
Zoho:
Automate recurring activities with Zoho One's RPA addition  —  Robotic Process Automation (RPA) automates manual and routine tasks for businesses by using digital robots that replicate human behaviour.
IDrive:
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.

Featured Podcasts

Lenny's Podcast:
Inside Devin: The world's first autonomous AI engineer that's set to write 50% of its company's code by end of year | Scott Wu (CEO and co-founder of Cognition)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Techmeme Ride Home:
Omnibus Week Of 04/28
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Hard Fork:
The Dangers of A.I. Flattery + Kevin Meets the Orb + Group Chat Chat
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Logan Bartlett Show:
EP 141 Ben Lamm (Founder & CEO, Colossal Biosciences) On The Breakthroughs Making De-Extinction Actually Possible
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Great Chat:
What's the deal with Deel?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Uncapped with Jack Altman:
Josh Kopelman from First Round Capital
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:20 PM ET, October 27, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Tiernan Ray / ZDNet:
Maggie Fitzgerald / CNBC:
Sarah Perez / TechCrunch: