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October 29, 2021, 6:45 PM
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| Kevin Roose / New York Times: |
Facebook's metaverse is designed to solve several problems: an aging userbase, dependence on Google and Apple, regulatory risk, and reputational damage — If his new strategy works — a big if — it could help address several of Facebook's biggest problems.| Salvador Rodriguez / CNBC: |
Sources: Zuckerberg agreed to a name change after years of staff complaints and research showing a “brand tax” on apps with the “from Facebook” label — - Employees have used the term “brand tax” to refer to the negative impact of Facebook on its other brands.
More:
Fortune. Tweets: @jeffbercovici, @mikeisaac, @lanceulanoff, @quinnypig, @sal19, @mikeisaac, @jordannovet, and @jenn_elias
| Ben Thompson / Stratechery: |
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The Verge, TechCrunch, Social Media Today, Engadget, CNBC, Mashable, TechRepublic, and Telecoms.com
Tweets: @gregisenberg, @evleaks, @balajis, @markgurman, and @thatguytagg
| Mark Zuckerberg / About Facebook: |
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BBC, CNET, New York Times, Benzinga, Search Engine Roundtable, The Atlantic, Protocol, Fast Company, The Guardian, Gizmodo, Financial Times, The Verge, Washington Post, cziscience.medium.com, MobiHealthNews, Decrypt, GamesIndustry.biz, The Guardian, Quartz, Cointelegraph, Wall Street Journal, Engadget, EdSurge, Bloomberg, BitcoinExchangeGuide, Coinspeaker, Politico, CNBC, The Defiant, dexerto.com, Search Engine Land, The Economic Times, Memeburn, Bankless Times, ComputerWeekly.com, OneZero , Rock, Paper, Shotgun, UploadVR, Micky, Newser, inews.co.uk, and Livemint
Tweets: @wendys, @jack, @facebook, @aoc, @drtechlash, @heatherkelly, @viacristiano, @mc_lotta, @teddyschleifer, @taylordotbiz, @chloe_somethin, @birdyword, @anildash, @joshconstine, @aslavitt, @karaswisher, @pwnallthethings, @pixelatedboat, @mosseri, @danpfeiffer, @twittersafety, @genepark, @yoda, @levie, @dantechnik, @linkofhyrule89, @rosejackson3, @kantrowitz, @ibogost, @senblumenthal, @kottke, @yappelbaum, @fmanjoo, @chelseahandler, @jackshafer, @kevinbankston, @metasynthie, @gabrielsnyder, @ewarren, @fvogelstein, @actnormalorelse, @teddyschleifer, @facebook, @karaswisher, @karaswisher, @karaswisher, @sethabramson, @scalzi, @samidh, and @keyon
| Alex Heath / The Verge: |
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UploadVR, Stratechery, CNET, Protocol, Ars Technica, Axios, HotHardware.com News, IGN, Eurogamer.net, NME, GamesRadar, PCGamesN, govtech.com, Engadget, Dot Esports, Redmond Pie, PC Gamer, Android Headlines, Gameranx, Livemint, Wccftech, GamesIndustry.biz, BGR, WRAL TechWire, Morning Brew, and Variety
Tweets: @mikeisaac, @caseynewton, @balajis, @snazzyq, @starfire2258, @harrymccracken, and @tressiemcphd. Thanks:@thekenyeung
| The Verge: |
Apple MacBook Pro 14- and 16-inch review: incredible performance with very long battery life and beautiful displays but expensive with absurd RAM pricing — Apple's new pro laptops right the wrongs of the past half decade — Let's start simply: the new MacBook Pros with M1 Pro and M1 Max chips …
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Ars Technica, iThinkDifferent, and XDA Developers
Tweets: @reckless, @backlon, @backlon, @backlon, @natbullard, @joannastern, @joannastern, @mcsquared96, @tomwarren, and @stevekovach
| Joanna Stern / Wall Street Journal: |
Apple's VP of Mac and iPad Product Marketing Tom Boger says Touch ID is more convenient than Face ID on a laptop since users' hands are already on the keyboard — Full-size ports, real function keys and other retro features, plus cutting-edge M1 Pro and M1 Max chips, make the new MacBook Pro models the laptops to beat
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The Verge, 9to5Mac, Pocketnow, Redmond Pie, MacRumors, iDownloadBlog.com, and iPhone Hacks
| Tom Warren / The Verge: |
Microsoft acquires Two Hat, a content moderation provider that has helped improve Xbox communities for the past few years — The deal will help Microsoft's consumer services push — Microsoft has acquired Two Hat, a content moderation provider that's helped keep harmful content off Xbox.
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The Official Microsoft Blog, Two Hat, GeekWire, FinSMEs, VentureBeat, CNET, MSPoweruser, Windows Central, purexbox.com, OnMSFT.com, Engadget, GameSpot, BetaKit, and ZDNet
Tweets: @twohathq, @joshmunsee, @tomwarren, @xboxp3, and @backlon
| Catalin Cimpanu / The Record: |
Europol says it has detained 12 suspects for orchestrating ransomware attacks that hit 1,800+ victims across 71 countries since 2019 — Europol said it detained 12 suspects this week it believes were part of a professional criminal group that orchestrated a long string of ransomware attacks …
Source:
Europol. More:
ZDNet, BleepingComputer, TechRepublic, SecurityWeek, and TechCrunch
Tweets: @europol, @kennwhite, @gossithedog, @itsreallynick, @campuscodi, @sophoslabs, @howelloneill, @mariegmoe, and @joetidy
| New York Times: |
A look at a16z's crypto lobbying and draft legislation it is circulating in DC, which some worry may create regulatory loopholes for its portfolio companies — The Silicon Valley firm Andreessen Horowitz, whose founders played big roles in the development of the internet …
More:
New York Times. Tweets: @ericliptonnyt, @el72champs, @haileylennonbtc, @ericliptonnyt, @ericliptonnyt, @rachaelrad, @chrisamccoy, and @cryptolawus
| Manish Singh / TechCrunch: |
Google and Jio debut $87 JioPhone Next with a 5.45-inch HD+ display and Qualcomm's quad-core QM-215 chipset, available November 4 in India — Google and Indian telecom network Jio Platforms said on Friday that their much-anticipated budget smartphone, JioPhone Next, will go on sale …
More:
Google, Livemint, 9to5Google, MSPoweruser, BGR India, Liliputing, The Verge, XDA Developers, Android Central, India Today, Android Police, and CNBCTV18
Tweets: @googleindia and @sundarpichai
| Samantha Subin / CNBC: |
Microsoft had a nearly $2.49T market cap at close on Friday, passing Apple's $2.46T market cap to become the world's most valuable public company — - Microsoft passed Apple in market cap on Friday, making it the world's most valuable public company. — The move comes after Apple … | IDC: |
Global smartphone shipments in Q3 hit 331M, down 6.7% YoY; Samsung was first with 69M units, a 20.8% share, and Apple was second with 50.4M units, a 15.2% share — The double-digit growth in the smartphone market in the early quarters of 2021 came to an end in the third quarter of 2021 …
More:
Reuters, PCMag, FierceWireless, 9to5Mac, TechSpot, MacDailyNews, PhoneArena, TechRepublic, Android Central, and Gizchina
| Yifan Wang / Wall Street Journal: |
Under pressure from China, Alibaba's market value has declined from a peak of $850B in October 2020 to ~$460B today; filings show T. Rowe and others cut stakes — They may have to wait a while for the former market darling to regain its glory — SINGAPORE—Investors are betting the worst …
Tweets: @jojjeols
| Frank Konkel / Nextgov: |
GAO sustains a Microsoft protest and asks NSA to reevaluate the award of a secret cloud computing contract worth up to $10B to AWS — NSA awarded the contract to Amazon Web Services in July. — The Government Accountability Office Friday sustained Microsoft's protest …
More:
SiliconANGLE, Federal Computer Week, and Law360
| Zoe Schiffer / The Verge: |
Two Netflix employees who openly criticized Netflix's support of Dave Chappelle's comedy special have filed charges with the NLRB, claiming retaliation — B. Pagels-Minor and Terra Field say the company retaliated against them for engaging in protected activity| Bloomberg: |
Huawei reports Q3 revenue fell 38% YoY to $21.2B, the fourth straight quarter of declining sales, and ~$2.3B net income, as US sanctions continue to bite — - Quarterly revenue declines 38% after blacklisting by the U.S. — Weakness at consumer business is driving the sales drop
More:
Wall Street Journal, Huawei, The Hill, Reuters, Light Reading, and Blocks and Files
| 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.
More:
Protocol, Bloomberg, Financial Times, Light Reading, and Quartz
Tweets: @timbray and @carnage4life
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