Techmeme
October 28, 2021, 4:30 PM

Top News

Mark Zuckerberg / About Facebook:
Mark Zuckerberg says Facebook the company is now Meta, to better encompass all of its products  —  We are at the beginning of the next chapter for the internet, and it's the next chapter for our company too.  —  In recent decades, technology has given people the power to connect and express ourselves more naturally.
More: Meta, Associated Press, The Guardian, New York Times, Bloomberg, Insider, CNBC, Axios, Engadget, Protocol, Washington Post, The Information, AppleInsider, San Francisco Business Journal, PYMNTS.com, The Verge, GamesIndustry.biz, Android Police, GeekWire, Decrypt, Bloomberg, design.facebook.com, The Verge, XDA Developers, NPR, TNW, CNET, Gizmodo, BBC, BuzzFeed News, AppleInsider, 9to5Mac, Wall Street Journal, Social Media Today, Deadline, GameRevolution, Financial Times, afrotech.com, Gizchina, Patently Apple, NBC Bay Area, The Wrap, Mashable, Variety, iDownloadBlog.com, Pocket-lint, Wccftech, Android Central, GameSpot, PC Gamer, MSPoweruser, and Cointelegraph
Alex Heath / The Verge:
Interview with Mark Zuckerberg on rebranding the company to Meta to avoid the awkwardness of sharing the name of its main app, building the metaverse, and more  —  The company wants to move past the ‘confusion and awkwardness’ of sharing a name with its main app
Andrew Bosworth:
Andrew Bosworth says the Oculus brand is going away starting in early 2022, changing Oculus Quest to Meta Quest and Oculus App to Meta Quest App  —  Well the cat's (officially) out of the bag: Our company is now Meta to better reflect who we are and our ambitions to help build the metaverse.
YouTube:
Video of Facebook Connect 2021, where VR updates, Project Cambria, and a new Meta brand name were announced  —  Tune in at 10:00am PT / 1:00pm ET on Thurs.  Oct. 28 when Facebook holds its annual Facebook Connect.  The company is expected to announce Oculus updates and o...
Dean Takahashi / VentureBeat:
Facebook unveils Horizon Home social VR spaces, Messenger VR calls, fitness VR, Quest for Business, including Work Accounts support on Quest 2, and more  —  Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10.  Learn more about what comes next.
Zachary Basu / Axios:
Microsoft launches a campaign to help fill 250,000 cybersecurity jobs in the US by 2025, offering scholarships and free curriculum for community colleges  —  Microsoft announced Thursday that it's launching a national campaign to help fill 250,000 cybersecurity jobs in the U.S. by 2025 …
Joe Rossignol / MacRumors:
Apple support document says 14- and 16-inch MacBook Pro users can turn on “scale to fit below built-in camera” to avoid notch app compatibility issues  —  Apple today shared a new support document that explains how users can ensure that an app's menu bar items do not appear hidden behind …
Jennifer Ryan / Bloomberg:
Activision Blizzard CEO Bobby Kotick, who earned $154.6M last year, will take a pay cut to $62,500 and forego equity grants until diversity goals are met  —  - Compensation included paying CEO $154.6 million last year  — Company facing sexual harassment and discrimination case
About Amazon:
Amazon misses with Q3 revenue of $110.8B, up 15% YoY, vs $111.6B est., net income of $3.2B, down from $6.3B YoY, AWS net sales of $16.1B, up 39%; stock down 4%+  —  SEATTLE—(BUSINESS WIRE)— Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2021.
Patience Haggin / Wall Street Journal:
Reuters:
Shopify reports Q3 revenue of $1.12B, up 46% YoY, and gross merchandise volume of $41.8B, up 35% YoY, and says cumulative GMV reached $400B  —  Canada's Shopify Inc's (SHOP.TO) third-quarter revenue fell short of Wall Street estimates, hurt by stiff competition as rivals invest more money to develop their e-commerce platforms.
More: Shopify
Ben Thompson / Stratechery:
The Sequoia Fund announcement shows Sequoia Capital wants to invest and keep long-term positions in SaaS companies with proven business models  —  Two weeks ago, in The Death and Birth of Technological Revolutions,1 I puzzled about exactly where we were in the Age of Information and Telecommunications …

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