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October 27, 2022, 12:15 PM
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| Todd Spangler / Variety: |
Elon Musk seeks to reassure Twitter advertisers, arguing his goal is not “to make more money” and the service “cannot become a free-for-all hellscape” — Mega-billionaire Elon Musk, nearing the finish line in his rocky takeover of Twitter, posted an open letter …
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TechCrunch, CNN, PCMag, San Francisco Business Journal, Financial Times, The Verge, The Hill, New York Times, Livemint, The Economic Times, Associated Press, CNBC, PC Gamer, Financial Times, NPR, Mashable, Quartz, Deadline, WRAL TechWire, iMore, Jordan's Newsletter, Bloomberg, Axios, Coinpedia Fintech News, and CryptoPotato
Tweets: @elonmusk, @theonion, @dsilverman, @seyitaylor, @evleaks, @paldhous, @shannoncoulter, @tweetermeyer, @toscamusk, @profmjcleveland, @emmmacfarlane, @parkermolloy, @ziyatong, @efjbgc, @zsk, @cwarzel, @pkafka, @mmasnick, @onelouderash, @jappleby, @jaredlholt, @jamesfourm, @hshaban, @davidmackau, @jason_a_w, @mattzeitlin, @kept_simple, @tomwarren, @silvermanjacob, @sarthakgh, @piersmorgan, @richlightshed, and @parismarx
| Wall Street Journal: |
Sources: ahead of Elon Musk's takeover, advertisers on Twitter are concerned about looser content moderation and potential conflicts of interest for auto ads — Marketers worry about the Tesla CEO's stance on content moderation, potential conflicts in auto advertising if the Twitter deal completes
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The Information, Insider, The Guardian, The Verge, The Economic Times, Livemint, and The Hollywood Reporter
Tweets: @anthony, @lwinthorpe, @kensweet, @nickstatt, and @asharma
| Edward Ludlow / Bloomberg: |
Elon Musk changes his Twitter bio to “Chief Twit” and visits the company's San Francisco office; Twitter tells staff they'll “hear directly from him on Friday” — Elon Musk made his presence felt at Twitter's San Francisco headquarters Wednesday … | Wall Street Journal: |
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Barron's Online, Ars Technica, Appuals.com, Bloomberg, Reuters, The Economic Times, City A.M., and Watcher Guru
Tweets: @sawyermerritt, @edgecgroup, @arjunkharpal, and @arthurb
| Meta - Investor Relations: |
Meta reports Q3 revenue down 4% YoY to $27.7B, net income down 52% YoY to $4.4B, family daily active people up 4% YoY to 2.93B, and headcount up 28% YoY — MENLO PARK, Calif. - October 26, 2022 - Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2022.
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Seeking Alpha, Wall Street Journal, CNBC, Ed Zitron's Where's Your Ed At, Insider, New York Post, Reuters, Silicon Republic, RCR Wireless News, KnowTechie, Michael Geist, Gizchina, Metaverse Post, Mint Insights, CryptoPotato, crypto.news, PC Gamer, MarketWatch, CryptoGlobe, Mobile Dev Memo, The Register, and Wccftech
Tweets: @munster_gene, @carlquintanilla, @bgurley, @malwaretechblog, @munster_gene, @conorsen, @mgsiegler, @markgongloff, @artemr, @antoniogm, @gavinsbaker, @dougboneparth, @howardlindzon, @edzitron, @shiraovide, @kalinh, @fbbagholder, @karissabe, @munster_gene, @jamesrbuk, @munster_gene, @thetranscript_, @mikeisaac, @timothynoah1, @mikeinspace, @profitstaken, @jeffhorwitz, @dailydirtnap, and @bdsams
| Sofia Pitt / CNBC: |
Meta's stock plummets 22%+, opening around $100, the lowest price since 2016, as investors are spooked by excessive investment into the metaverse — - The parent company of Facebook reported its second straight quarterly decline. — Meta's Reality Labs division, which houses its VR headsets …
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Bloomberg, Bloomberg, Ars Technica, Bloomberg, Gizmodo, Wall Street Journal, Silicon Valley Business …, Insider, Reuters, Reuters, PetaPixel, MarketWatch, New York Magazine, CNBC, TechSpot, Sky News, Associated Press, Bloomberg, and Newser
Tweets: @zerohedge, @shiraovide, @lizannsonders, @elosolich, @ecommerceshares, @carlquintanilla, @punchcardinvest, @saylor, @econompic, @swiftonsecurity, @squawkstreet, @alexandrosm, @mgeist, @lisaabramowicz1, @shortformernie, @thestalwart, @lisaabramowicz1, @philwahba, @carlquintanilla, @carlquintanilla, @grahamstephan, @stilgherrian, @thebradsmith, @wilfredfrost, @kritesh_rocks, @acinvestorblog, @richlightshed, @jimcramer, and @adamsinger
| Nelson Wang / CoinDesk: |
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Game Developer, Insider, Crypto Daily, TechCrunch, TechCrunch, Blockchain News, The Block, and Bitcoinist.com
Tweets: @pwnallthethings, @levie, @wagatwe, @pwnallthethings, @pwnallthethings, @gavinsbaker, @gavinsbaker, @marionawfal, @cixliv, and @sal19
| Alex Barinka / Bloomberg: |
| Joe Rossignol / MacRumors: |
Following complaints from prominent developers, Apple says it has “paused ads related to gambling and a few other categories on App Store product pages” — Apple today rolled out new ad placements in the App Store on the iPhone, allowing developers to advertise their apps in more places …
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The Verge, XDA Developers, MobileSyrup, iPhone in Canada Blog, BGR, The Information, Fossbytes, AppleInsider, TechCircle, MediaNama, FOSS Patents, and Wccftech
| Stephanie Condon / ZDNet: |
Google Cloud announces the Blockchain Node Engine, helping developers build and manage blockchain-based products, starting with Ethereum — Google Cloud on Thursday unveiled Blockchain Node Engine - a fully managed service for Web3 developers that wants to build and manage products for blockchain-based platforms.
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Cloud Blog, The Block, Finbold, TechCrunch, Decrypt, and Fortune
| Sohee Kim / Bloomberg: |
Samsung Electronics formally names de facto leader Jay Y. Lee executive chairman; his ascension had been delayed by graft investigations and two stints in jail — Samsung Electronics Co. named Jay Y. Lee executive chairman of South Korea's largest company, finalizing a long-anticipated elevation … | Tom Warren / The Verge: |
Microsoft says Xbox Game Pass is profitable and accounts for ~15% of Xbox's content and services revenue, after sharing PC Game Pass subscriptions rose 159% YoY — Microsoft Gaming CEO Phil Spencer has revealed that the company's Xbox Game Pass subscription service is already profitable.
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The Verge, Video Games Chronicle, Game Developer, IGN, Protocol, Tech Advisor, Thurrott, PCMag, Appuals.com, KnowTechie, Wall Street Journal on YouTube, OnMSFT.com, Game Rant, GameSpot, iPhone in Canada Blog, TrueAchievements, TheGamer, Pure Xbox, Pocket-lint, and Gameranx
Tweets: @tomwarren, @tomwarren, @k__med, and @kmega4
| The Wire: |
The Wire apologizes, saying technical evidence should have been independently verified and that it was deceived “by a member of our Meta investigation team” — Last week, The Wire formally retracted its Meta stories after conducting an internal review of the technical source material used … | David Gutman / The Seattle Times: |
A Washington judge fines Meta ~$24.7M, the maximum possible amount, after finding the company intentionally violated campaign finance disclosure laws 822 times — Meta, Facebook's parent company, was fined nearly $25 million Wednesday for intentionally and repeatedly violating Washington's campaign finance laws.
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Associated Press, Washington State, and Watcher Guru
Tweets: @elijsanders, @agowa, @elijsanders, @katieharbath, @brierdudley, @jvagle, @elijsanders, and @evelyndouek
| Janko Roettgers / Protocol: |
Source: Google and Amazon struck a deal in recent months that lets Amazon work with manufacturers like TCL, which also makes Android TVs and phones — Last week, the Competition Commission of India published a damning report, alleging that Google was preventing major TV manufacturers from adopting Amazon's Fire TV operating system.| Kirsten Korosec / TechCrunch: |
Autonomous vehicle startup Argo AI, which raised $2.6B+, is shutting down; sources say parts of the company and some employees would be absorbed by Ford and VW — Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $1 billion investment, is shutting down …
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The Verge, PCMag, CNN, Bloomberg, Reuters, Financial Times, Bloomberg, Quartz, Forbes, and SiliconANGLE
Tweets: @jamessantelli, @jotrader4, @rodneyabrooks, @amir, and @alex_avoigt
| Chance Miller / 9to5Mac: |
Apple patches a bug in iOS 16.1 and macOS Ventura that could let apps with Bluetooth access record user conversations with Siri without needing mic access — Apple released iOS 16.1 and macOS Ventura to the public this week. In addition to headlining new features and changes, there are also essential security fixes as well.| Financial Times: |
Sources: TikTok plans to add a dedicated gaming tab to its app as soon as November 2, featuring ad-supported mobile games and in-game purchases — Dedicated tab on platform's homepage is company's first venture beyond videos — TikTok is making a big push into gaming … | Jules Roscoe / VICE: |
The NLRB files a complaint against Amazon CEO Andy Jassy for allegedly violating labor law with comments he made to CNBC and Bloomberg earlier in 2022 — Andy Jassy told CNBC that Amazon thinks employees would be “better off” without a union. A new NLRB complaint alleges that violated labor law.| The Verge: |
Spotify updates its iOS app to remove audiobook purchasing options, saying in a message to users that “it's not ideal”, to comply with Apple's App Store rules — An update for Spotify's iOS app released Thursday had a big change for its audiobooks vertical — and not for the better.
Tweets: @arshapiro90, @caseynewton, @lancescadden, and @arshapiro90
| Patrick Coffee / Wall Street Journal: |
OpenWeb, which helps publishers target readers with ads and manage comments, has raised a $170M Series F at a $1.5B valuation, up from $1.1B in November 2021 — The firm, now valued at $1.5 billion, plans to move further into ad sales and eventually go public, its CEO says| Han Chen / Axios: |
Report: US state and local governments kept buying Chinese telecom equipment despite a federal-level ban; only five states have rules to limit such purchases — Despite federal efforts to block Chinese telecom equipment from U.S. supply chains, state and local governments across …
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PCMag, Center for Security …, and Nextgov
Tweets: @csetgeorgetown, @loopemma, and @joshuasteinman
| Bloomberg: |
UserTesting, which helps companies get user feedback about their software, agrees to sell to PE firms Thoma Bravo and Sunstone for about $1.3B; stock jumps 90%+ — UserTesting Inc. rose as much as 99% on Thursday after the digital consumer insight company agreed to sell to private equity firms Thoma Bravo …
| Takashi Mochizuki / Bloomberg: |
Experts say ballooning mobile game file sizes can winnow out smaller studios, as memory upgrades fail to keep pace resulting in fewer games vying for attention — From Tokyo to San Francisco, mobile game studios have sparred for years to captivate a fickle audience, fostering an overlooked problem …
Tweets: @luigiblood
| Reuters: |
Canalys: smartphone shipments in China fell 11% YoY to 70M in Q3; Vivo, Oppo, Honor fell 23%, 27%, and 16%, respectively; Apple rose 36% on iPhone 14 Pro demand — Smartphone shipments in China fell 11% year-on-year in Q3 2022, with privately-owned Vivo taking the top spot, research firm Canalys reported on Thursday.
Source:
Canalys. More:
PingWest, AppleInsider, iThinkDifferent, South China Morning Post, and 9to5Mac. Tweets: @briantycangco
| Reuters: |
Sources: the US DOJ launched a criminal probe into Tesla in 2021 that is still underway, following over a dozen crashes, some fatal, with Autopilot activated — Tesla Inc (TSLA.O) is under criminal investigation in the United States over claims that the company's electric vehicles can drive themselves … Sponsor Posts
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