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October 25, 2023, 10:00 PM
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| Meta Investor Relations: |
Meta reports Q3 revenue up 23% YoY to $34.15B, net income up 164% YoY to $11.58B, and family daily active people up 7% YoY to 3.14B for September 2023 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2023.
More: SiliconANGLE, Financial Times, The Information, Engadget, Android Central, Investor's Business Daily, New York Times, Wall Street Journal, CNBC, Bloomberg, Reuters, Variety, Forbes, KNSD-TV, Search Engine Journal, CNBC, and Wall Street Journal
Threads: @kalihays1 and @kalihays1
X: @thetranscript_, @thetranscript_, @richlightshed, @richlightshed, @munster_gene, @rjrcapital, @lexnfx, @alexeheath, @lexnfx, @rihardjarc, @munster_gene, @lexnfx, @munster_gene, @richlightshed, @munster_gene, @swiftstories, @supbagholder, @stockmktnewz, @rihardjarc, @jason_kint, @sylviavarnham, @kylebrussell, @mattrosoff, and @thetranscript_. Forums: Hacker News
| The Verge: |
Mark Zuckerberg says Threads has hit “just under” 100M monthly users since it was released in early July — The rumors of Threads' early demise have been exaggerated. — Meta's competitor to Elon Musk's X has hit “just under” 100 million monthly users since it was released in early July …
More: 9to5Mac, Social Media Today, Shacknews, and Wall Street Journal
Threads: @stshank, @aaronrosspowell, @mosseri, @mosseri, @datadrivenmd, @tomwarrenuk, @ianhillmedia, @kalihays1, @matthewfacciani, @daveleebbg, @lanceulanoff, @guillecummings, @justingp331, @bashowicks, @parkerortolani, @crumbler, and @moskov
X: @thetranscript_, @swiftstories, @tomaxwell, @alexeheath, and @alexeheath
| Jonathan Vanian / CNBC: |
Meta's Reality Labs reports Q3 revenue down 26% YoY to $210M, vs. $299.3M est., and operating loss up 2% YoY to $3.74B, vs. $3.9B est. — - Coming into the third quarter, Meta's Reality Labs division had lost more than $21 billion since the start of last year.
More: Road to VR, UploadVR, VentureBeat, NBC 7 San Diego, and TickerTV News
Threads: @jaymayo_vrtist. X: @rebrand_as_y, @glenkacher, @thetranscript_, @ballmatthew, and @cullend
| Mark Gurman / Bloomberg: |
Sources: Apple plans to release AirPods Max and two redesigned fourth-generation AirPods with USB-C in 2024, and AirPods Pro with new chip and design in 2025 — - Company readies updates to entry-level, Pro and Max models — After initial skepticism, AirPods are now a critical category
More: 9to5Mac, Gizmodo, iClarified, Wccftech, SlashGear, The Verge, KNSD-TV, Notebookcheck, MacDailyNews, iMore, MobileSyrup, Cult of Mac, iThinkDifferent, Pocket-lint, Macworld, BGR, TweakTown, Supercharged, IGN, XDA Developers, Digital Trends, MacRumors, and The Messenger
X: @markgurman, @vadimyuryev, and @maxwinebach
Forums: r/wallstreetbets, r/apple, and MacRumors Forums
| Joe Rossignol / MacRumors: |
Apple raises the monthly US price of Apple TV+ from $6.99 to $9.99, News+ from $9.99 to $12.99, Arcade from $4.99 to $6.99, and Apple One from $16.95 to $19.95 — Apple today announced that it is increasing the prices of some of its subscription-based services, including Apple TV+ …
More: CNBC, The Verge, 9to5Mac, Android Authority, Bloomberg, Ars Technica, Above Avalon, The Hollywood Reporter, GameSpot, MobileSyrup, Appleosophy, The Register, AppleInsider News, OSnews, ZDNet, The Streamable, Gizmodo, IGN, TechRadar, XDA Developers, Cult of Mac, Digital Trends, PCMag, Daring Fireball, Variety, SlashGear, Six Colors, TechHive, Engadget, Neowin, Mashable, Light Reading, iDownloadBlog.com, MSPoweruser, MacDailyNews, and Philip Elmer‑DeWitt
Bluesky: @epro.social and @michaelrm.bsky.social
X: @rjonesy, @edludlow, @ballmatthew, @ballmatthew, @theregister, @rsgnl, @nozzeoro, @tomwarren, @rsgnl, @kantrowitz, @aaronp613, @playalotta, @carlquintanilla, @maxwinebach, @snazzylabs, @mbrkhrdt, @vadimyuryev, @mgsiegler, @loudmouthjulia, @maxwinebach, and @rsgnl
Forums: Hacker News, r/apple, r/tvPlus, r/tmobile, and MacRumors Forums
| Dan Goodin / Ars Technica: |
Researchers reveal an attack forcing iOS and macOS WebKit browsers to divulge secrets, like passwords and email content, of users who visit a malicious website — iLeakage is practical and requires minimal resources. A patch isn't (yet) available. — Researchers have devised an attack …
More: PCMag, AppleInsider, iLeakage, and SecurityWeek
Mastodon: @asmodai@mastodon.social, @slightlyoff@toot.cafe, @elisse@mas.to, @LukaszOlejnik@mastodon.social, and @technomike@mstdn.social
X: @titanas, @steipete, @steipete, @moo9000, @p3b7_, @we1x, and @danielgenkin. LinkedIn: Simon Carlson-Thies
Forums: Hacker News, r/technology, Beehaw, and Ars OpenForum
| Victoria Song / The Verge: |
A look at Apple's double tap gesture rolling out with watchOS 10.1, letting Series 9 and Ultra 2 users interact with their watch without using its touchscreen — Swipes and buttons are the norm, but Apple's double tap gesture opens a future where your smartwatch could be even less dependent on your phone.| Washington Post: |
Sources: a Biden EO on AI is expected on October 30, requiring assessments of AI models before federal worker use, easing highly skilled immigration, and more — Tackling immigration and safety, the order would require advanced AI models to undergo assessments before they can be used …
More: Axios, Wall Street Journal, The Hill, PYMNTS.com, Engadget, Computerworld, and GovTech
X: @aaronsonsusan, @jmccly, and @cat_zakrzewski
| Tim Ingham / Music Business Worldwide: |
Sources: Spotify plans major changes to its royalty model in Q1 2024, including a threshold of minimum annual streams before a track starts generating royalties — Exclusive: Music Business Worldwide details Spotify's plans to introduce a number of new measures in Q1 2024 - and shift $1 billion towards ‘working artists’.
More: Billboard, NME, The Verge, Music Business Worldwide, Consequence, Stereogum, and EDMTunes
X: @zoecello, @isobel_starling, @dada_drummer, @abelowrob, @swimmersjackson, @future_of_music, @vinsonvalega, @chrisgraue, @dada_drummer, @dada_drummer, @abelowrob, @marielxloveland, @curtisstigers, @joshokane, @umaw_, @p_lyons_, and @nikostratis. LinkedIn: Drew Thurlow. Forums: r/popheads
| Chris Welch / The Verge: |
Amazon launches a generative AI tool in beta that lets advertisers create “lifestyle imagery” backgrounds or scenes around the products they are hoping to sell — Amazon is beta testing AI image generation tools for its advertisers, offering an easy way to create backgrounds …
More: About Amazon, VentureBeat, Engadget, TechCrunch, PYMNTS.com, PetaPixel, and PCMag
Threads: @daveleebbg, @christian_eckels, @adora, and @kiriappeee. X: @ajassy. LinkedIn: Joe Carroll. Forums: Slashdot
| Jess Weatherbed / The Verge: |
Google adds foundation and hair dye options to its AR shopping tool for trying beauty products, and expands the tool to mobile browsers and Google Shopping ads — Google is expanding its augmented reality (AR) shopping feature that allows people to virtually wear beauty products before purchasing …
More: The Keyword, Google Help Center, Search Engine Journal, Social Media Today, The Metaverse Insider, Vogue Business, The Messenger, and TechCrunch
LinkedIn: Maria Podrazhanskaya and Kira Rich
| Sarah Perez / TechCrunch: |
Google plans to require apps on the Play Store to offer users the ability to flag offensive AI-generated content without exiting the app, starting in early 2024 — Google is taking aim at potentially problematic generative AI apps with a new policy, to be enforced starting early next year … | Bloomberg: |
Sam Bankman Fried's lawyers say SBF plans to testify in his own trial when they start their case later this week, after damaging testimony from his inner circle — - Former crypto mogul fighting portrayal as criminal mastermind — Decides to go for risky move often avoided in criminal cases
More: CNBC, The Guardian, New York Times, Slate, NBC News, Bitcoin Insider, Reuters, CoinDesk, CoinGape, Washington Post, Newser, Decrypt, The Verge, Fortune, Ars Technica, Wall Street Journal, Financial Times, and CoinDesk
X: @innercitypress, @jdcmedlock, @spreekaway, @jonathaneley, @rscharf_, @caspiancey, @smtuffy, @scottmelker, @simondixontwitt, @smtuffy, @mattzeitlin, @silvermanjacob, @innercitypress, @ekrii3, @jacqmelinek, @smtuffy, @brucefenton, @sunil_trades, @smtuffy, @starcourse, and @innercitypress. Forums: r/GME
| Jon Porter / The Verge: |
Google rolls out “About this image”, a tool that provides background information and context about images in Google Search, to English-language users globally — Google is starting to roll out its new “About this image” tool, which aims to provide essential background information and context about images in Google Search.
More: The Keyword, TechCrunch, Engadget, 9to5Google, Wired, Search Engine Land, Search Engine Journal, Mashable, and PetaPixel
LinkedIn: Jonathan Bellack and Jonathan Bellack
| Jordan Middler / Video Games Chronicle: |
Sony's optional PS5 Slim disc drive requires an internet connection to pair with the console for the first time, likely due to the DMCA's piracy prevention rule — THE ONLINE REQUIREMENT HAS RAISED PRESERVATION CONCERNS — The upcoming optional disc drive for the PlayStation 5 will require … | Wall Street Journal: |
Sources: one year after lending Elon Musk ~$13B to acquire Twitter, seven US banks still hold the debt and expect to take a 15%+, or ~$2B, hit when they sell — Banks have begun preparations to try to unload at least some of the $13 billion of debt they underwrote, at a steep discount
More: The Information, Bloomberg, and Gizmodo
Threads: @thenicfranklin, @dickbrass, @parkert, @bashowicks, @carnage4life, @anlamchaotica, @parkert, @like_a_bosstonian, @ngrossman81, and @carnage4life. Mastodon: @carnage4life@mas.to. Bluesky: @marypcbuk.bsky.social
Forums: r/Twitter and r/EnoughMuskSpam
| Wes Davis / The Verge: |
Telegram blocks two channels used by Hamas for Android users, blaming Google Play Store guidelines, after Pavel Durov resisted calls to shut down Hamas channels — Social messaging platform Telegram has blocked channels used by Hamas, but only on Android phones due to violations of Google's app store guidelines.| Bloomberg: |
How telecoms and media giant Altice, led by billionaire Patrick Drahi, became weighed down by scandals and debt-fueled acquisitions from a low-interest-rate era — He built his telecoms empire in an era of low interest rates. Now, with soaring debt costs and a corruption case in the corporate suite … | Wayne Ma / The Information: |
Sources: Apple employees have discussed using Vision Pro to diagnose and treat mental health issues; eye-tracking and cameras could measure a person's “affect” — So far, Apple has pitched its upcoming Vision Pro mixed-reality headset as a tool for working and enjoying various forms of entertainment.
More: The Messenger, MacRumors, Wccftech, Gizmodo, and iThinkDifferent
| Scott Nover / Slate: |
US v. Google: Judge Amit Mehta has repeatedly accepted Google's requests to redact docs and hold closed-door testimony, alarming press advocates and reporters — U.S. v. Google was supposed to be the “antitrust trial of the century”—the highest-profile, and potentially the most consequential … | Financial Times: |
Microsoft, OpenAI, Google, and Anthropic pick Brookings' Chris Meserole to run their new Frontier Model Forum, which plans to commit $10M to an AI safety fund — Microsoft, OpenAI, Anthropic and Google pick a US think-tank expert to head up their joint forum
More: The Keyword, OpenAI, Cybernews.com, Gizmodo, TechCrunch, Neowin, and The Messenger
X: @openai, @pjmfnd, @gdb, @miramurati, @allandafoe, @binocularity, @tobywalsh, @googleorg, @demishassabis, @googledeepmind, @chrismeserole, and @bradsmi. LinkedIn: Chris Meserole
| Rania Aniftos / Billboard: |
TikTok announces TikTok in The Mix, its first live global music event, set for December 10 in Mesa, Arizona, with Cardi B, Niall Horan, Anitta, and Charlie Puth — The event will take place on Dec. 10 at Sloan Park in Mesa, Ariz. — TikTok is continuing its foray into the music world … | Jordan Novet / CNBC: |
IBM Q3: revenue up 5% YoY to $14.75B, vs. $14.73B est., a $1.7B net income, vs. a $3.2B net loss YoY, and software revenue up 8% YoY to $6.27B, vs. $6.27B est. — - IBM's third-quarter results surpassed estimates on the top and bottom lines. — To reach its target for 2023 …
More: SiliconANGLE, IBM, Investor's Business Daily, Reuters, and Dow Jones Newswires
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