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October 15, 2022, 4:25 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, Fortune, Daring Fireball, CNBC, Mashable, Tech.co, The Register, and Forbes
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| 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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| Sam Reynolds / CoinDesk: |
Binance's mining service Binance Pool launches a $500M fund to provide 18-to-24-month loans for private and publicly listed Bitcoin miners — The entity is the latest to join the growing ranks of alternative lenders looking to provide capital to the distressed mining industry.| 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.
Source:
WEEE Forum. More:
The Hill, Digital Trends, TechSpot, Neowin, BGR India, and Computerworld
Tweets: @drmarianeira and @doctorsoumya
| 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, @pranesh, @alexstamos, @andymstone, @matthew_d_green, @alexstamos, @elegant_wallaby, @pranesh, @matthew_d_green, @alexstamos, @alexstamos, @alexstamos, @rmnth, @aaschapiro, @hatr, @ranjanxroy, @thewire_in, @alishan_jafri, @iansherr, @matthew_d_green, @matthew_d_green, @nikita1712, @onosmosis, @adityakalra, @tweepul, @martinsfp, @profcarroll, @jahnavi_sen, @therealnaomib, @mikarv, and @zoeschiffer
| 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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| 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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TIME, 9to5Mac, Music Industry Blog, Insider, and Middlebrow Musings
Tweets: @gravley_austin, @johnwilson, @sarahscire, @brodnig, @sushantsin, @nitashatiku, @mrdanzak, @drewharwell, @drewharwell, @drewharwell, and @shiraovide
| Tim Bradshaw / Financial Times: |
Fewer than half of the 12+ US and European rapid delivery startups launched in the pandemic are still operating, facing 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 … | Bloomberg: |
Insight Partners plans to buy a minority stake in Aptean, maker of 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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