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October 31, 2024, 7:42 AM
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| Meta Investor Relations: |
Meta reports Q3 revenue up 19% YoY to $40.59B, net income up 35% YoY to $15.69B, and family daily active people up 5% YoY to 3.29B on average for September 2024 — Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2024.
More: Bloomberg, WinBuzzer, PYMNTS.com, Watcher Guru, SiliconANGLE, Punch Newspapers, The Times, Australian Financial Review, Android Central, Shacknews, Fortune, Shacknews, New York Times, Associated Press, Forbes, Deadline, MarketWatch, Yahoo Finance, Cointelegraph, CNBC, and Business Insider
Threads: @laurengoode, @katieharbath, @rpn, @lanceulanoff, and @sung.kim.mw
| Karissa Bell / Engadget: |
Mark Zuckerberg says Threads has almost 275M MAUs and is adding more than a million sign ups per day, while Meta AI has passed 500M MAUs in less than a year — Threads has surged to reach “almost 275 million” people, Mark Zuckerberg said. — Last month at Meta Connect …
More: CNBC, The Verge, PhoneArena, Moneycontrol, Social Media Today, Quartz, and NewsBytes
Threads: @zuck, @alexheath, @ceciliakangwriting, @alexheath, @lanceulanoff, @richardlawler, @ryanschwartztv, @georgescriban, @vishesh92, @abelian_cat, @laurengoode, @pkafka, @alexcartaz, @masonpelt, @mattnavarra, @martinsfp, and @kurtwag8. Mastodon: @SpaceLifeForm@infosec …
X: @swiftstories, @txmctrades, @stockmarketnerd, and @zerohedge
| Sarah E. Needleman / Wall Street Journal: |
More: Fortune, Business Insider, The Straits Times, Business Standard, The Hollywood Reporter, TheStreet, and Reuters
Threads: @kalihays1. Bluesky: @cinematological.bsky.social and @jenncutter.bsky.social. Forums: Slashdot
| Microsoft: |
Microsoft reports Q1 revenue up 16% YoY to $65.6B, Microsoft 365 Commercial products and cloud services up 13%, LinkedIn up 10%, and net income up 11% to $24.7B — Microsoft Cloud Strength Drives First Quarter Results REDMOND, Wash. — October 30, 2024 — Microsoft Corp. today announced …
| Financial Times: |
China sanctions Skydio, the US' largest drone maker and a supplier to Ukraine's military; sources say Skydio is rushing to find new suppliers for critical parts — Skydio, the US's largest drone maker and a supplier to Ukraine's military, faces a supply chain crisis after Beijing imposed sanctions …
More: Wall Street Journal, LinkedIn, and DroneXL.co
Mastodon: @kevinrothrock@infosec …. X: @bznotes, @adampbry, @dimi, @oriana0214, @joemosch, @ashleevance, @avidcommentator, @jorge_guajardo, @samgoodman22, @noahpinion, @jhl_express, @repmeijer, @softminus, @collinslkoh, @doggydog1208, and @dimi
| Andrew Webster / The Verge: |
Nintendo launches Nintendo Music, an iOS and Android app that lets Switch Online subscribers stream or download gaming tunes from Nintendo titles — This time, it's a mobile app called Nintendo Music, which lets users listen to classic gaming tunes from Nintendo games spanning the last few decades …
More: Nintendo of America on YouTube, Nintendo Official Site, 9to5Google, TechRadar, Trusted Reviews, Gameranx, Neowin, SoraNews24, The Indian Express, Tom's Guide, Game Rant, TheGamer, Digital Music News, VICE, Comic Book, MacStories, AppleInsider, BGR, IGN, 9to5Toys, Press Start, VG Charts, Gaming Nexus, GoNintendo, Variety, Notebookcheck, Phandroid, and NewsBytes
Forums: r/fuckepic, r/starfox, r/Switch, and Slashdot
| Antonio G. Di Benedetto / The Verge: |
Apple's new MacBook Pro has M4 Pro or Max with 24GB+ RAM and Thunderbolt 5 for $1,999+ (14") or $2,499+ (16"), or M4 with 16GB+ RAM for $1,599+, shipping Nov. 8 — Apple is updating the MacBook Pro and introducing some even more powerful chips. Announced this morning via a low-key press release …
More: Apple, Apple on YouTube, Apple on YouTube, Apple on YouTube, ZDNET, MacRumors, MacRumors, Livemint, AppleInsider, Engadget, iDownloadBlog.com, Press Start, TechEBlog, KnowTechie, TechSpot, Yanko Design, BGR, ExtremeTech, Six Colors, Tech in Asia, MacRumors, Lifewire, XDA Developers, CNBC, MakeUseOf, Hindustan Times, WinBuzzer, Thurrott, 9to5Mac, Stuff, Bloomberg, MacRumors, PCMag, and Engadget
Threads: @tookthescenicroute. Mastodon: @davemark@mastodon.social. X: @vadimyuryev, @rsgnl, @maxwinebach, @tailosivetech, @vadimyuryev, @migueldeicaza, @awnihannun, @lukemiani, @tailosivetech, @brandonbutch, @sdw, @luciascarlet, @mkbhd, @vadimyuryev, @maxwinebach, @joannastern, @ijustine, @elonmusk, @tim_cook, @aaronp613, @connorjewiss, @connorjewiss, @superscientific, @ranvir2612, @heychazza, @vadimyuryev, @dylanmcd8, @maxwinebach, @markgurman, @jsnell, and @benbajarin
Forums: r/blender, r/applesucks, r/JusticeMusic, r/apple, r/macbook, Slashdot, and MacRumors Forums
| New York Times: |
Kraken lays off workers and names Arjun Sethi as co-CEO; sources say the cuts are to 15% of its workforce, or ~400 employees, and include its COO and CTO — The influential cryptocurrency exchange has undergone several reorganizations in recent years. — Kraken, one of the world's largest …
More: Kraken Blog, Kraken, Cryptopolitan, CryptoGlobe, Cryptonews, The Information, Cointelegraph, Decrypt, Bloomberg, crypto.news, Blockworks, and CryptoSlate
| Tanaya Macheel / CNBC: |
Coinbase reports Q3 revenue up 79% YoY to $1.21B, vs. $1.26B est., a $75M net income, vs. a $2.3M loss in Q3 2023, and announces a $1B stock buyback — Coinbase Wednesday reported weaker-than-expected third-quarter results, weighed down by muted trading in the cryptocurrency market.
More: Coinbase, CoinDesk, Techreport, CryptoPotato, CryptoGlobe, Cryptonews, Motley Fool, The Information, Quartz, Cointelegraph, Decrypt, MarketWatch, The Block, CoinGape, CoinDesk, and Bloomberg
| Gerrit De Vynck / Washington Post: |
Chinese and Israeli academics predict the AI boom will increase global e-waste by 3% to 12% by 2030, or up to 2.5M metric tons of additional e-waste each year — Most e-waste is never recycled. Data center upgrades for AI projects could significantly add to the problem, researchers say.| Kali Hays / Fortune: |
Internal memo: Block CEO Jack Dorsey says Tidal is in for another mass layoff; insiders say as many as 100 people could be laid off, or ~25% of Tidal's staff — Block CEO and founder Jack Dorsey wants streaming music app Tidal to operate like a startup again - and that means layoffs
More: Proactive, Digital Music News, San Francisco Chronicle, and Benzinga
| John O'Nolan: |
John O'Nolan, CEO of open-source CMS Ghost, outlines the organization's governance structure and says the platform generates around $7.5M in annual revenue — Ghost is a distributed non-profit foundation which gives away all of its intellectual property under a permissive MIT license.
Threads: @prschulz, @dvdwinden, and @quillmatiq. Mastodon: @ben@werd.social
X: @markjaquith, @johnonolan, @drdevroy, and @duanestorey
| Kyle Wiggers / TechCrunch: |
Dropbox is laying off 528 employees, or 20% of its workforce, in what CEO Drew Houston says is a “transitional period”; filing: the layoffs cost $63M to $68M — Dropbox is letting go 20% of its workforce as the cloud company undergoes what CEO Drew Houston calls a “transitional period.”
More: Work in Progress, Fortune, SFGATE, Tech Startups, SiliconANGLE, San Francisco Business Times, Fast Company, MarketWatch, Neowin, San Francisco Chronicle, Entrepreneur, iPhone in Canada Blog, Thurrott, The Verge, KTVU-TV, Business Insider, Nairametrics, The Economic Times, and Wall Street Journal
Forums: Hacker News, r/technology, r/economy, r/Layoffs, and Slashdot
| Cristiano Lima-Strong / Washington Post: |
US court docs: in 2022, Apple privately warned TikTok that it had more mature content than was suitable for under-17s and to change its App Store age rating — The communications between the tech giants were inadvertently made public in a complaint filed by South Carolina.| Charlie Warzel / The Atlantic: |
A look at X's Election Integrity Community, a feed to “share potential incidents of voter fraud” that has 50K+ members, launched by Elon Musk's America PAC — Elon Musk has turned X into a political weapon. — Elon Musk didn't just get a social network—he got a political weapon.
More: NBC News, Beyond Search, Reuters, The Hill, Fortune, and Sherwood News
X: @markszaidesq, @erratarob, @businesslucas, @krassenstein, @elonmusk, and @cwarzel. Forums: r/Twitter
| Kwanwoo Jun / Wall Street Journal: |
Samsung reports Q3 revenue up 17% YoY to ~$57.4B, net profit up 73% to ~$7.3B, operating profit of ~$6.7B, and chip unit operating profit down 40% QoQ to ~$2.8B — Net profit for the July-September period up 73% from a year earlier — Samsung Electronics reported better-than-expected net profit …
More: Samsung Newsroom, Reuters, PhoneArena, MSPoweruser, SamMobile, CNBC, Morningstar, Inc., Financial Times, and Bloomberg. X: @newley
| New York Times: |
Former FTX chief engineer Nishad Singh avoids prison time over his role in the collapse of FTX, after a US judge lauded his cooperation with prosecutors — Mr. Singh, who was a top executive in Sam Bankman-Fried's business empire, had pleaded guilty to fraud and campaign finance violations that contributed to the collapse of FTX.
More: Reuters, NBC News, Cryptopolitan, crypto.news, CCN.com, The Boston Globe, Al Jazeera, Reuters, Cryptonews, Bitcoin Insider, DL News, Decrypt, Cointelegraph, Axios, Blockworks, Financial Times, CoinDesk, CryptoSlate, and CoinGape
X: @innercitypress, @jruss_jruss, @molly0xfff, and @molly0xfff
| Ryan Gallagher / Bloomberg: |
A profile of Pepijn van der Stap, a Dutch prodigy who hacked thousands of companies' data while also doing legitimate cybersecurity work and is now in prison — Pepijn Van der Stap stayed up through the night of Jan. 22, 2023, repairing one of his computers in silence save for the whirring of its fan.| Bloomberg: |
Huawei reports Q3 revenue up 15.6% YoY to ~$23.7B and net profit down 70.5% YoY to ~$1.1B, a sign that the company may be struggling with its chipmaking yield — - The firm's phone shipments grew 42% in the past quarter — China has asked local firms to use AI chips from Huawei| Washington Post: |
CCDH: of 283 X posts in 2024 with false election claims that Community Notes members had responded to, only 20 had notes with enough votes to be publicly shown — X's crowdsourced fact-checking program has been hailed as a bold idea for social media. Research shows it's failing at a critical moment.
More: Associated Press, Center for Countering …, Reuters, The Overspill, Social Media Today, Engadget, and Pocket-lint
Threads: @willoremus. X: @ccdhate, @atrachelgilmore, @alexmahadevan, and @ma_franks. Forums: r/musked
| Jason Schreier / Bloomberg: |
Many long-time game workers are ditching large productions in favor of smaller teams, enabled by growing accessibility of Unreal Engine and other powerful tools — Thanks in part to the growing accessibility of powerful game-making tools, pared-down studios are proliferating
More: Game Developer. X: @thecarteldel, @jasonschreier, @nazihfares, @ckaleiki, @dirtyeffinhippy, @seanthebaptiste, and @jasonschreier
LinkedIn: Nate Purkeypile, Del Walker, and Heather C.
Forums: r/pcgaming and r/Games
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