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October 26, 2022, 10:30 AM
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| Alex Heath / The Verge: |
Meta says Apple updated its App Store rules to require IAPs for social media “boosts” to grow its business “while undercutting others in the digital economy” — Just when I thought the relationship between Apple and Meta couldn't get more hostile, here we are.
More:
Bloomberg, Financial Times, 9to5Mac, AppleInsider, ExtremeTech, Mobile Dev Memo, MacRumors, Philip Elmer‑DeWitt, iThinkDifferent, Developer Tech News, BGR India, FOSS Patents, and Mobilegamer.biz
Tweets: @eric_seufert, @nickstatt, @exiledsurfer, @akindolu, @uwukko, @richlightshed, @dangillmor, @keleftheriou, @markgutman9, @sal19, @mergesort, @gartenberg, @anshelsag, @film_girl, @michaelbtech, @fosspatents, @tonyarnold, @alexeheath, @bcmerchant, @alexeheath, @gfodor, @nikitonsky, @uwukko, @anildash, @jameshercher, @madthunderdome, @axelroark, @chrismessina, and @mattnavarra
| Emma Roth / The Verge: |
Spotify says Apple's behavior is “choking competition” after Apple rejected its proposed audiobook purchasing process three times for breaking App Store rules — The company called Apple practices “anticompetitive” and said it was “choking competition” in a blog post published …
More:
New York Times, Insider, Spotify, MacRumors, 9to5Mac, iThinkDifferent, iMore, Engadget, Good e-Reader, The Hollywood Reporter, Digit, Music Ally, and AppleInsider
Tweets: @eldsjal, @dariuszdziuk, @jeffjarvis, @elonmusk, @pat_garofalo, @_kylejs_, @ballmatthew, @timsweeneyepic, @timsweeneyepic, @foadafshari, @benedictevans, @nirzicherman, @wolfejosh, @brandonking4787, @migueldeicaza, @trippmickle, @chrisamccoy, @timsweeneyepic, @jherskowitz, @neilkatz, @benedictevans, and @shiraovide
| Joe Rossignol / MacRumors: |
After Apple rolls out its new App Store ad units, prominent developers complain about gambling ads appearing in their app listings with no way to stop them — Apple today rolled out new ad placements in the App Store on the iPhone, allowing developers to advertise their apps in more places …
More:
The Verge, AppleInsider, AppleInsider, BGR, FOSS Patents, iMore, and CNBC
Tweets: @simonbs, @cabel, @viticci, @basicappleguy, @marcoarment, @wolfiechristl, @hot_doggin_jon, @hot_doggin_jon, @gruber, @simonbs, @fromedome, @jasoneccles, @stroughtonsmith, @benedictevans, @eshumarneedi, @mr_james_c, @pt, @alexeheath, @apollozac, @fahim_al_mahmud, @marcoarment, @gruber, @stalman, @simonbs, @gartenberg, @bzamayo, @cabel, @krausefx, @parkerortolani, @rsgnl, @keleftheriou, @jesslynnrose, @pdparticle, @johnbalestrieri, @drbarnard, @drbarnard, @antumbral, @eslivka, @uzmabarlaskar, @viticci, @raywongy, @twostraws, @radiantav, @reinholdkesler, @gergelyorosz, @marcoarment, @asallen, @gruber, and @sdw
| Alphabet: |
Alphabet reports Q3 revenue up 6% YoY from $65.1B to $69.09B, $13.91B net income, down from $18.94B YoY, 186,779 employees, up from 150,028 YoY; stock drops 5%+ — MOUNTAIN VIEW, Calif. - October 25, 2022 - Alphabet Inc. today announced financial results for the quarter ended September 30, 2022.
More:
Financial Times, Blockworks, Forbes, Alphabet Investor Relations on YouTube, PYMNTS.com, Cointelegraph, Android Police, 9to5Google, Android Headlines, CNN, MBI Deep Dives, Search Engine Land, Thurrott, Reuters, SiliconANGLE, and The Verge
Tweets: @patrikakis, @jenn_elias, @carnage4life, @cityofthetown, @levynews, @jenn_elias, @epro, @chrisjbakke, and @byjulialove
| Jon Swartz / MarketWatch: |
Alphabet reports Google ad sales of $54.5B in Q3, up from $53.1B YoY, missing estimates of $56.6B, and Google Search revenue of $39.5B, up from $37.9B YoY — Total Google ad sales miss expectations by more than $2 billion as Alphabet revenue grows at its slowest pace in more than two years
More:
CNBC, The Motley Fool, TheStreet, Fortune, Mobile Dev Memo, and Silicon Valley Business …
Tweets: @kantrowitz, @marketwatch, and @jason_kint
| Todd Spangler / Variety: |
| Sheila Dang / Reuters: |
Internal research: Twitter has been losing “heavy tweeters”, who tweet three to four times a week, since the pandemic began, masked by an overall growth in DAUs — “Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the social media platform.
More:
Bloomberg, New York Times, Gizmodo, Finbold, Coinspeaker, MediaNama, Digital Trends, Cointelegraph, Benzinga, Forbes, The Information, Search Engine Journal, Social Media Today, and The Block
Tweets: @sheila_dang, @wongmjane, @caseyjohnston, @mekosoff, @carnage4life, @0xfoobar, @semaforben, @jacobsben, @hpmacd, @chad_hurley, @laurenweinstein, @joshgnosis, @northmantrader, @marshallk, @fred_delicious, @blgtylr, @whet, @mikebutcher, @risenrabbit, @anne_theriault, @jaycuthrell, @katehalliwell, @dloesch, @emilygorcenski, @scalzi, @marvelle, @tomgara, @doubleeph, @mathewi, @amy_siskind, @matthewbennett, @bruce_arthur, @seyitaylor, @nevali, @pkafka, @carnage4life, @martinsfp, and @robpegoraro
| Microsoft: |
Microsoft reports Q1 revenue up 11% YoY to $50.1B, net income down 14% YoY to $17.6B, Office Commercial revenue up 7% YoY, LinkedIn up 17% YoY; stock drops 5%+ — REDMOND, Wash. — October 25, 2022 — Microsoft Corp. today announced the following results for the quarter ended September 30 …
More:
The Motley Fool, CNBC, Microsoft Investor Relations, Bloomberg, Search Engine Roundtable, F5, Inc., Transistori, CNN, GamingBolt, Social Media Today, Thurrott, SAP News Center, and New York Times
Tweets: @microsoft, @rustybrick, @fxshaw, @dinabass, @fxshaw, @tomwarren, @chriskeall, and @epro
| Frederic Lardinois / TechCrunch: |
More:
Thurrott. Tweets: @dvaughanci, @chriskeall, @rezendi, @cailen, @amasad, and @kate_guarente. Thanks:@colegarry2
| Tom Warren / The Verge: |
More:
OnMSFT.com, Windows Central, GamesIndustry.biz, Hardcore Software, and Pure Xbox
Tweets: @tomwarren, @tomwarren, @tomwarren, and @tomwarren
| Berber Jin / Wall Street Journal: |
Sources: a16z's flagship crypto fund lost ~40% of its value in H1 2022, above the 10%-20% losses at rival funds; a16z has dramatically slowed crypto investments — Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’ — Crypto Crashed, Coinbase's Stock Followed: What Went Wrong
More:
The Block and CoinDesk
Tweets: @cararlombardo, @dhm, @cavandy, @riddle245, @paleofuture, @0xcrypton, @mayazi, @mayazi, @somospostpc, and @wublockchain
| Anne Steele / Wall Street Journal: |
Spotify CEO Daniel Ek says US subscribers can expect price hikes in 2023, after recent increases by Apple and YouTube; Premium has cost $9.99/month since 2011 — Audio streaming giant surpassed growth forecasts, increasing monthly active users by 20% to reach 456 million
More:
Insider, iMore, Deadline, Silicon Republic, Music Ally, ExchangeWire.com, Mint Insights, MarketWatch, and Variety
Tweets: @richlightshed and @richlightshed
| Dawn Chmielewski / Reuters: |
| Lauren Hirsch / New York Times: |
A profile of Delaware Chancery Court judge Kathaleen McCormick, who is overseeing the Elon Musk-Twitter dispute, ahead of the Friday deadline to close the deal — Kathaleen St. J. McCormick, the chief judge of Delaware's Chancery Court, gave Mr. Musk until Friday to acquire Twitter.| Clare Duffy / CNN: |
LinkedIn starts letting users verify their profile with a work email address or phone number and plans to alert users if a message they receive seems suspicious — Here's how Elon Musk calculated the number of bots on Twitter — Robot artist Ai-Da reset while speaking to UK politicians
More:
Silicon Republic, LinkedIn Official Blog, Livemint, Social Media Today, BGR India, and Adweek
Tweets: @claresduffy, @lamonicabuzz, @caseynewton, and @rachelmetz
| Reuters: |
Australia's biggest health insurer Medibank says an October 2022 hack compromised personal and “significant amounts” of health claims data of its ~4M customers — Medibank Private Ltd (MPL.AX), Australia's biggest health insurer, said on Wednesday a cyber hack had compromised …
More:
ABC, The Guardian, SecurityWeek, Australian Financial Review, and The Register
| Reuters: |
SK Hynix warns memory chip demand faces an “unprecedented deterioration” and reports Q3 2022 operating profit fell 60% YoY to ~$1.16B amid soaring inflation — South Korea's SK Hynix Inc (000660.KS) warned on Wednesday of an “unprecedented deterioration” in memory chip demand …
More:
Tom's Hardware, Nikkei Asia, Protocol, Financial Times, Bloomberg, Bloomberg, Wall Street Journal, South China Morning Post, ZDNet, and Bloomberg
Tweets: @pstasiatech and @chengtingfang
| Bloomberg: |
Seagate misses Q1 estimates with $2.04B revenue and plans to cut around 3,000 jobs to reduce costs amid slowing demand; stock drops 9%+ and is down ~50% YTD — Seagate Technology Holdings Plc, the biggest maker of computer hard drives, said it's eliminating about 3,000 jobs and that big buyers …
More:
Reuters, Barron's Online, and Seagate
| Lauren Goode / Wired: |
Match Group plans to add profile verification to Hinge in November, asking users to provide a video selfie, aiming to crack down on scammers — To combat the scourge of fake accounts, the dating site will ask users to prove their humanity by capturing a video selfie.Sponsor Posts
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Zoho:
Zoho Sign is a “high growth performer” in the Frost & Sullivan's Frost Radar™ for electronic signature software, 2024 — We are happy to announce that Zoho Sign has clinched a position as a high growth performer …
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