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October 15, 2022, 3:15 PM
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| Wall Street Journal: |
Internal Meta docs detail its metaverse struggles; Horizon Worlds has ~200K MAUs vs. a 500K goal by the end of 2022; 9% of worlds are ever visited by 50+ people — Most visitors to Horizon Worlds generally don't return after first month; ‘an empty world is a sad world’
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The Verge, Daring Fireball, CNBC, Mashable, Tech.co, The Register, Forbes, and The Search Bar
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| The Wire: |
The Wire responds to Meta's rebuttal to its XCheck report with a video of a source using an internal Instagram subdomain, DKIM verifying the email, and more — A point-by-point response to Meta's statement questioning The Wire's story on the ease with which the BJP IT Cell head is able to get Instagram to delete posts he reports.
Tweets: @thewire_in, @alexstamos, @matthew_d_green, @andymstone, @aaschapiro, @alexstamos, @alexstamos, @alexstamos, @alexstamos, @matthew_d_green, @matthew_d_green, @ranjanxroy, @thewire_in, @alishan_jafri, @iansherr, @rmnth, @matthew_d_green, @hatr, @therealnaomib, @nikita1712, @onosmosis, @adityakalra, @tweepul, @martinsfp, @profcarroll, @jahnavi_sen, @mikarv, and @zoeschiffer
| Mark Gurman / Bloomberg: |
Sources: Apple plans to launch 11" and 12.9" iPad Pros with M2 in October and is working on a Mac mini with M2, Apple TV with A14, and a low-end iPad with USB-C — Apple's next product launch is just days away. Also: The company withholds new employee benefits from its unionized retail store …
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The Verge, MacRumors, 9to5Mac, 9to5Mac, AppleInsider, and Laptop Mag
Tweets: @thekenyeung and @markgurman
| Victoria Gill / BBC: |
The WEEE Forum research estimates that about 5.3B out of 16B mobile phones worldwide will be thrown away in 2022; e-waste will grow to 74M tons per year by 2030 — This year, 5.3 billion mobile phones will be thrown away the international waste electrical and electronic equipment (WEEE) forum says.
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WEEE Forum. More:
The Hill, Digital Trends, TechSpot, Neowin, BGR India, and Computerworld
Tweets: @drmarianeira and @doctorsoumya
| Cameron Faulkner / The Verge: |
Razer unveils Edge, its gaming handheld with Android 12, a 6.8" 144Hz screen, and Qualcomm's G3x Gen 1 chipset, available for $400 in January 2023 with Wi-Fi 6E — Razer is finally showing off the Edge, its portable Android gaming handheld. Good news: it looks a lot better than the last time we saw it in December 2021.
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Dexerto, Windows Central, Gizmodo, 9to5Google, CNET, ZDNet, PCMag, XDA Developers, Engadget, MobileSyrup, Laptop Mag, IGN, Techaeris, Digital Trends, and SlashGear. Tweets: @razer
| Simon Owens / Simon Owens's Media Newsletter: |
A look at Spotify's podcast exclusivity strategy, which led to 75% audience drops for some Gimlet shows and caused others, like the Obamas, not to renew deals — The open podcast ecosystem isn't dead yet. — Welcome! I'm Simon Owens and this is my media newsletter.| Drew Harwell / Washington Post: |
A look at TikTok's rise, as US viewers spend longer in the video app than Facebook and Instagram combined, and ongoing issues with its Chinese ownership — The world's most popular app has pioneered a new age of instant attention. Can we trust it? — On the night Shelby Renae …
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9to5Mac, TIME, Music Industry Blog, Insider, Middlebrow Musings, and Marketing Dive
Tweets: @gravley_austin, @johnwilson, @sarahscire, @brodnig, @sushantsin, @nitashatiku, @mrdanzak, @drewharwell, @drewharwell, @drewharwell, and @shiraovide
| Tim Bradshaw / Financial Times: |
Fewer than half of the US and European rapid delivery startups launched in the pandemic are still operating; they face huge losses, a funding drought, and more — As nervous consumers avoided supermarkets during the Covid-19 pandemic, tech entrepreneurs spied a once-in-a-generation opportunity to reinvent the humble grocery run.| Tim Keary / VentureBeat: |
New York City-based IronVest, which uses biometric authentication and AI to verify the identity of users online, raised a $23M seed led by Accomplice — The challenge of assuring identity is becoming more and more difficult. According to the Federal Trade Commission (FTC) …
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Business Wire, MrWeb, Globes Online, FinSMEs, PitchBook, Help Net Security, and SecurityWeek
| Help Net Security: |
Stairwell, which scans companies' data to detect if they are currently compromised or were in the past, raised a $45M Series B led by Section 32 — Stairwell announced a $45M Series B capitalization. The funding round was led by Section 32, with additional investments from Sequoia Capital … | Mitchell Clark / The Verge: |
NLRB: Apple's Penn Square store employees in Oklahoma City have voted to unionize with the CWA, with 56 votes in favor and 32 against — Workers at Apple's Penn Square store in Oklahoma City have voted to unionize with the Communications Workers of America, with 56 yeses, and 32 nos.| Bloomberg: |
Insight Partners to buy a minority stake in Aptean, which develops ERP and supply chain management software, sources say at a ~$3.55B valuation, including debt — Investment firm Insight Partners has agreed to purchase a stake in enterprise software developer Aptean, the companies announced.
More:
Aptean Inc., Reuters, and Vista Equity Partners
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