Techmeme
October 25, 2021, 6:35 PM

Top News

Alex Heath / The Verge:
Internal documents show Facebook is struggling to attract US users under the age of 30, with US teenage users of the Facebook app declining by 13% since 2019  —  The world's largest social network is internally grappling with an existential crisis: an aging user base
Leah Nylen / Politico:
Internal Facebook docs: employees touted its scale and dominance in presentations, including showing 78% of US adults and nearly all US teens use its services  —  Documents collected by whistleblower Frances Haugen could give the company “a lot to regret” in its fights to prove it's not a monopoly.
Alexandra S. Levine / Politico:
Emily Birnbaum / Politico:
Bloomberg:
Facebook:
Facebook reports Q3 revenue up 35% YoY to $29.0B, profit of $9.2B, up 17% YoY, DAUs up 6% to 1.93B, headcount up 20% to 68,177, and ups share buybacks by $50B  —  Third Quarter 2021 Operational and Other Financial Highlights 1 Facebook daily active users (DAUs) - DAUs were 1.93 billion …
Stephanie Condon / ZDNet:
Facebook says Q3 ad revenue grew 33% YoY to $28.28B but warns of “continued headwinds” in Q4 due to Apple's ATT changes in iOS  —  The social media giant also expects its “metaverse” investments will reduce operating profits by $10B for FY 2021, as it begins breaking out Facebook Reality Labs as its own business segment
Salvador Rodriguez / CNBC:
Facebook misses on Q3 revenue, $29.01B vs $29.57B expected, and monthly active users, 2.91B vs 2.93B expected, but beat on EPS of $3.22 vs $3.19 expected  —  - Facebook's third-quarter earning report comes as the company faces an onslaught of stories related to its internal research.
Janko Roettgers / Protocol:
Washington Post:
Sources detail Zuckerberg's decisions to put growth over safety, like to ban anti-state posts in Vietnam and to halt a WhatsApp US voting info center in Spanish  —  Late last year, Mark Zuckerberg faced a choice: Comply with demands from Vietnam's ruling Communist Party to censor anti-government dissidents …
Associated Press:
Casey Newton / The Verge:
Clare Duffy / CNN:
Andrei Frumusanu / AnandTech:
Apple M1 Pro and Max review: CPU and GPU improvements offer an unparalleled combination of raw performance, unique acceleration, and power efficiency  —  Last week, Apple had unveiled their new generation MacBook Pro laptop series, a new range of flagship devices that bring with them significant updates …
Nilay Patel / The Verge:
MacBook Pro (2021) hands-on: bringing back ports and removing the Touch Bar is welcome, mini-LED display looks great, and the 1080p webcam is an improvement  —  New chips, familiar ports, and actual volume buttons — it might be love  —  It's easy to be excited about the new MacBook Pros …
Sergiu Gatlan / BleepingComputer:
Microsoft says Russia-backed Nobelium, behind the 2020 SolarWinds hack, is still targeting the global IT supply chain with 14 providers breached since May 2021  —  Microsoft says the Russian-backed Nobelium threat group behind last year's SolarWinds hack is still targeting the global IT supply chain …
Gilad Edelman / Wired:
Leaked docs detail staff's suggestions to solve Facebook's problems: deprioritize engagement, reduce AI reliance, and focus on safety in developing countries  —  Internal research documents provide a blueprint for solving the company's biggest problems.  —  The Facebook Papers
Steven Levy / Wired:
Internal docs reveal farewell posts of some Facebook employees disillusioned with a company unwilling or unable to change  —  The “badge posts” of the company's former researchers offer the parting thoughts of the disillusioned.  —  The Facebook Papers  —  “Hi, all,” reads a note …
Ben Schoon / 9to5Google:
Pixel 6 Pro review: an impressive flagship with excellent cameras, all day battery, and charging speeds up to 30W, but fingerprint sensor is “not super quick”  —  2016 marked a major year for Google, with the launch of Assistant and its first self-made smartphone, the Google Pixel.
Sam Rutherford / Gizmodo:
Chris Welch / The Verge:
AirPods (third-gen) review: less conspicuous design, IPX4 water resistance, and improved sound quality, but spatial audio is inconsistent and no ANC  —  The new regular AirPods get a lot right even before the gimmicky spatial audio part  —  For the first time since their introduction in 2016 …
Mike Isaac / New York Times:
Internal docs: Facebook tested hiding the Like button to alleviate stress and anxiety, which didn't work and caused users to interact with and share fewer posts  —  Likes and shares made the social media site what it is.  Now, company documents show, it's struggling to deal with their effects.

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