Techmeme
November 1, 2021, 6:15 PM

Top News

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.
Rolfe Winkler / Wall Street Journal:
Sami Fathi / MacRumors:
Some Mac owners report that upgrading to macOS Monterey bricked their computer  —  macOS Monterey, released last week as the latest version of macOS, is bricking older Mac computers, rendering them unusable and unable to even turn on, according to a number of reports from users across social media and online forums.
Nikhilesh De / CoinDesk:
Biden admin urges Congress to subject stablecoin issuers to federal oversight like banks and limit their interactions with non-financial companies, such as Meta  —  If U.S. lawmakers don't act, regulators have the authority to take their own measures, according to the long-awaited report …
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
Financial Times:
Meta takes down a troll farm run by the Nicaraguan government since 2018 that involved 937 Facebook accounts, 140 Pages, 24 Groups, and 363 Instagram accounts  —  Company says it took down hundreds of accounts, pages and groups ahead of Sunday's election  —  Meta's Facebook has accused …
Chris Welch / The Verge:
Review of Beats Fit Pro, announced today for $200: comfortable with very good ANC and transparency mode but no wireless charging and little Android support  —  The latest Beats earbuds are the company's best product since the Powerbeats Pro  —  Beats has been busy.
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 …
The Verge:

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Axios:

Earlier Picks

Meg Jones Wall / Wired:
Adam Satariano / New York Times:
Patrick McGee / Financial Times: