Techmeme
October 27, 2021, 6:45 PM

Top News

New York Times:
Facebook asks employees to preserve internal docs and communications related to its business since 2016, as governments and legislative bodies begin inquiries  —  Facebook has told employees to “preserve internal documents and communications since 2016” that pertain to its businesses …
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
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:
Jon Porter / The Verge:
Instagram rolls out link stickers to all users, expanding on verified and high-follower accounts  —  They can add links in Stories posts but not your feed  —  Instagram's link stickers, which let you include hyperlinks in Stories in the form of stickers, will now be available to everyone on the platform …
Todd Spangler / Variety:
Zoe Schiffer / The Verge:
Internal docs show Netflix tried to minimize public backlash to the film Cuties by stopping it from appearing in some search results and recommendations  —  In September 2020, Netflix was in turmoil as the company battled its most significant PR scandal to date.
Ron Amadeo / Ars Technica:
Google unveils Android 12L update focused on tablets, foldables, and Chromebooks, which tweaks big screen UI layouts, adds a taskbar, more, coming early 2022  —  Android 12L brings tablet-focused features, like a dock and dual-pane interfaces.  —  Have you heard about the new version of Android?
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.
David McCabe / New York Times:
A look at online age verification checks being implemented by countries, including the UK, EU, Japan, and China, and companies, such as Facebook and YouTube  —  To protect children online, more companies and governments are forcing users to prove how old they are.
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 …
Justine Calma / The Verge:
Microsoft sets a goal to reduce 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 …
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 …
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 …
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 …
TechCrunch:
Brazilian neobank Nubank files for a US IPO and plans to “negotiate a program of Brazilian Depositary Receipts”; Nubank raised $750M at a $30B valuation in June  —  This morning Brazilian neobank Nu, better known as Nubank, announced that it has filed to go public.
Emily Bary / MarketWatch:
eBay Q3: revenue of $2.5B, vs. $2.46B estimates, up 11% YoY, gross merchandise value of $19.5B, down 10% YoY, 154M active buyers, up 5% YoY, stock down 6%+  —  Company has moved nearly all sellers over to managed-payments initiative  —  EBay Inc. exceeded expectations with its financial results Wednesday …
More: ReutersTweets: @caseynewton
Bloomberg:
After raising $357M in its IPO, Rent the Runway closes at $19.29, down 8% from its $23 opening price, valuing the company at $1.2B  —  - Shares open above price in $357 million IPO before dropping  — CEO says company will push subscription sign-ups in marketing

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