Techmeme
November 1, 2021, 10:05 AM

Top News

Patrick McGee / Financial Times:
Estimate: Apple's iOS App Tracking Transparency policy has cost Snap, Facebook, Twitter, and YouTube almost $10B in combined ad revenue in H2 2021  —  Forcing apps to ask for permission to track users for advertising purposes leads to big hit for social media platforms
Zack Zwiezen / Kotaku:
After a three-day outage, Roblox says it is back online  —  According to Roblox's status page, all versions of the game have been down since Oct 28 starting at 7 pm EST  —  Roblox, one of the most popular games in the world, has been down for over a day now and while many frustrated players …
Mark Gurman / Bloomberg:
Chip shortage hits Apple at the worst possible time ahead of the holidays, and Meta and Apple are set to be smartwatch and mixed reality headset rivals in 2022  —  Apple had seemingly avoided the chip shortage for months, but the company's fortunes have now changed.
Paul Vigna / Wall Street Journal:
Digital Currency Group raises $700M at a $10B+ valuation led by SoftBank's Vision Fund 2 and Latin America Fund, with CapitalG and others participating  —  The Grayscale and CoinDesk owner sells $700 million of shares at a $10 billion valuation, in a funding round led by two SoftBank funds
Wall Street Journal:
Experts say sourcing chips has almost turned into a lottery amid the global chip shortage, as wait times ballooned to 22 weeks in October  —  Nearly a year into the crisis, some customers are finding it is taking months more than expected to get needed parts
Axios:
NewsWhip: interest in Facebook, measured by social media interactions per article, declined over 2021, with little mainstream attention for “Facebook Papers”  —  The Facebook Papers and whistleblower accounts were a public relations nightmare for Facebook, but so far …
Meg Jones Wall / Wired:
How payment processors hold the power to decide which products and services can be purchased online, as Stripe bans businesses like tarot card reading  —  Payment processing companies decide who is empowered to buy and sell online—and their policies show a gross misunderstanding of metaphysical practitioners.
Emma Roth / The Verge:
Pinterest to launch a shoppable live series called Pinterest TV on November 8, with weekday episodes airing in its app, featuring some of its top creators  —  The series will feature creators and celebrities, like Olympic athlete Tom Daley and popular makeup artist Manny MUA
Salvador Rodriguez / CNBC:
In 2018, Oculus' Jason Rubin sent a paper to Facebook executives laying the foundation for Meta's ambitions and detailing the need to own the VR market  —  - In 2018, an Oculus executive named Jason Rubin wrote a 50-page document headlined “The Metaverse” that he sent to a Facebook board member and some top execs.
Gene Park / Washington Post:
Ethan Zuckerman / The Atlantic:

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