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October 26, 2021, 4:50 PM
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| Washington Post: |
Facebook documents show its News Feed algorithm treated emoji reactions as 5x more valuable than Likes starting in 2017, amplifying controversial content — Five years ago, Facebook gave its users five new ways to react to a post in their news feed beyond the iconic “like” thumbs-up: “love,” “haha,” “wow,” “sad” and “angry.”| Alex Kantrowitz / Big Technology: |
Docs: Facebook tested turning off News Feed ranking for 0.05% of users in Feb. 2018 and found engagement dropped, Groups content rose, and ad views increased — New leaked Facebook documents show what happened when Facebook tried to remove feed ranking. It didn't go well.
More:
Nieman Lab, Axios, NBC News, The Guardian, NPR, Quartz, and The Economic Times
| Steve Dent / Engadget: |
Adobe announces Photoshop and Illustrator web apps to improve collaboration, make quick edits, and more — Adobe has announced that it's taken “a major step forward for collaboration” by bringing its Photoshop and Illustrator apps to the web. The idea is not to do let you do complex work from a web page …
Source:
Adobe Blog. More:
web.dev, Adobe Blog, TechCrunch, TechCrunch, Adobe Press Releases, 9to5Google, TechCrunch, MobileSyrup, Mashable, Pocket-lint, The Mac Observer, OnMSFT.com, ZDNet, SlashGear, PCMag, MacRumors, and CNET
Tweets: @davatron5000, @firt, @timsoret, and @chromiumdev
| Mitchell Clark / The Verge: |
More:
The Verge, Ars Technica, Gizmodo, Adobe Blog, Protocol, PCWorld, TechSpot, Thurrott, MSPoweruser, 9to5Mac, PetaPixel, Digital Trends, Bloomberg, XDA Developers, SlashGear, Engadget, Digital Photography Review, AppleInsider, PetaPixel, and Windows Central
Tweets: @adobedesign, @carnage4life, @carnage4life, and @jonjones
| Casey Newton / Platformer: |
Frances Haugen's documents have been useful to the press and groups opposing Facebook, but reporting should now expand to explore Haugen and her backers' goals — At the end of 2019, the group of Facebook employees charged with preventing harms on the network gathered to discuss the year ahead.
More:
Gizmodo, Protocol, CNN, and Pixel Envy
Tweets: @alexstamos, @_arianna, @kentbye, @jamesliamcook, @alexstamos, @jamesliamcook, @jose_moreno, @donie, @rmac18, @cwarzel, @martinsfp, @shannonpareil, @johnrobb, @caseynewton, and @caseynewton
| Issie Lapowsky / Protocol: |
A look at the Integrity Institute, a think tank formed by two former Facebook employees that wants to bring together tech integrity workers studying tech misuse — Shortly before he left Facebook in October 2019, Jeff Allen published his last report as a data scientist for the company's integrity team …
More:
The Atlantic and Integrity Institute
Tweets: @sayhar, @chinmayiarun, @aprilaser, @bechamilton, @issielapowsky, @brandyzadrozny, @issielapowsky, @_karenhao, @followalisont, @brandyzadrozny, @issielapowsky, @profcarroll, @issielapowsky, @issielapowsky, @nicole_bonoff, @samidh, @samidh, @justinhendrix, @sayhar, @samidh, @katieharbath, @protocol, @samidh, @carolecadwalla, @c_c_krebs, and @alecmuffett
| Steve Clarke / Microsoft: |
Microsoft reports Q1 revenue of $45.3B, up 22% YoY, net income of $20.5B, up 48% YoY, Azure revenue up 50% YoY, and LinkedIn revenue up 42% YoY — REDMOND, Wash. — October 26, 2021 — Microsoft Corp. today announced the following results for the quarter ended September 30, 2021 …
| Jacob Kastrenakes / The Verge: |
Zuckerberg says he's redirected Facebook teams to serve young adults over older users, and that significant changes to Instagram will lean into video and Reels — Expect changes to Instagram to highlight Reels — Facebook CEO Mark Zuckerberg says he's redirected teams within his company to …
More:
MacRumors, Reason, New York Times, CNN, Engadget, Variety, Android Headlines, iThinkDifferent, KnowTechie, and Financial Times
Facebook: Mark Zuckerberg. Tweets: @sarafischer, @granick, @kantrowitz, @themaxburns, @daphnehk, @carnage4life, @annemariebridy, @baekdal, @jason_kint, @_richardhall, @joncoopertweets, @caseynewton, @esaagar, @reckless, @ditzkoff, @jonlovett, @pixelatedboat, @juddlegum, @caslernoel, @rschooley, @maxthegirl, @mediaevan, @briannawu, @sarafischer, @sarafischer, @paulconstant, @fmanjoo, @matthewstoller, @mattgaetz, @matthewstoller, @matthewstoller, @slpng_giants, and @kantrowitz
| Salvador Rodriguez / CNBC: |
More:
Mobile Dev Memo, The Verge, Facebook, Financial Times, CNN, New York Times, Axios, NBC News, Bloomberg, Quartz, Protocol, Silicon Republic, and Bloomberg
| Dan Primack / Axios: |
Sequoia Capital is forming the Sequoia Fund, which will hold all its US and European investments, including stakes in public companies — Sequoia Capital, one of the world's oldest and most successful venture capital firms, is forming a single fund to hold all of its U.S. and European investments … | Makena Kelly / The Verge: |
Biden names Jessica Rosenworcel to officially lead the FCC, nominates Gigi Sohn as third Democratic commissioner, but it's unclear if Senate will confirm soon — And progressive Gigi Sohn as a third Democratic commissioner — President Joe Biden named acting Federal Communications …
Source:
The White House. More:
Ars Technica, Free Press, Gizmodo, Politico, CNET, TechCrunch, Protocol, CNET, Engadget, Wall Street Journal, and Variety
Tweets: @senmarkey, @evan_greer, @bowl_of_worcel, @backlon, @kellymakena, @ronwyden, @nytimes, @reckless, @jake_k, and @bergmayer
| Alphabet: |
Alphabet reports Q3 revenue of $65.1B, up 41% YoY, net income of $18.9B, up from $11.2B YoY, Google Cloud revenue of $5B, up from $3.4B YoY — MOUNTAIN VIEW, Calif. - October 26, 2021 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2021.
| Financial Times: |
Sources: Amazon signs a contract with GCHQ, MI5, and MI6 to host top-secret material in the UK; the deal is worth an estimated £500M-£1B over a decade — Cloud contract for GCHQ, MI5 and MI6 with US tech group aims to speed analysis but likely to ignite sovereignty fears
More:
The Guardian, iTnews, Washington Post, Telegraph, FedScoop, cloudpro.co.uk, ZDNet, ExchangeWire.com, The Times, Reuters, and TechRadar
Tweets: @mattgarrahan, @margarethodge, @david_k_clark, @financialtimes, @mattgarrahan, @alexsobel, @robertcaruso, @pickardje, and @ellegist
| Sarah Perez / TechCrunch: |
In Senate hearing, TikTok dodges questions about its plans for biometric data collected from US users, after changing its terms of use to allow the practice — In its first-ever Congressional hearing, TikTok successfully dodged questions about what it plans to do with the biometric data … | Loren Grush / The Verge: |
Verizon partners with Amazon to use its Kuiper satellite network for expanded global 4G and 5G coverage in rural and remote locations — They still have to launch the satellites first — Amazon's ambitious satellite venture, called Kuiper, is teaming up with Verizon to further expand 4G/LTE …
More:
GlobeNewswire News Room, CNBC, PYMNTS.com, Engadget, Fast Company, Gizmodo, ZDNet, International Business Times, Bloomberg, GeekWire, CNET, and FierceWireless
Tweets: @thesheetztweetz, @thesheetztweetz, and @thesheetztweetz
| Emily Graffeo / Bloomberg: |
Study: the top 10K individual bitcoin investors control about one-third of the cryptocurrency in circulation and ~50 miners control 50% of the mining capacity — - Research shines light on Bitcoin's elusive ownership structure — Top 10,000 investors control over one-third of supply
Source:
NBER. More:
Gizmodo, TechSpot, cryptodaily.co.uk, Tom's Hardware, and cryptonews.com
Tweets: @wublockchain, @latetot, and @crypto
| Ashley Carman / The Verge: |
Internal presentation details Amazon's “Project Mic”, a live audio app that lets users host radio shows, complete with music, focused on the US initially — A new app is in the works — Amazon is next on the list of companies getting into the live audio game.
More:
techadvisor.com, Pocket-lint, RAIN News, Protocol, Android Central, Engadget, Input, and hotpodnews.com
Tweets: @ashleyrcarman, @arrianna_planey, @chrismessina, @tomwarren, and @matt
| Siddharth Venkataramakrishnan / Financial Times: |
Stripe partners with Klarna to let retailers in the US, UK, and Europe more easily offer a buy now, pay later option — Tie-up will allow retailers easily to add option for customers to pay in instalments at checkouts — Online payments processor Stripe has entered a strategic partnership with …
More:
Klarna US, Finextra, CNBC, FinLedger, TechRadar, Silicon Republic, Silicon Canals, PYMNTS.com, altfi.com, Coinspeaker, Tamebay, and London Evening Standard
Tweets: @carnage4life and @sarthakgh
| Danny Nelson / CoinDesk: |
CoinList, which helps crypto companies raise money via token sales, raises $100M at a $1.5B valuation led by Accomplice VC and Agman Partners — CoinList, a token sale platform popular among cash-hungry crypto projects and early investors alike, has raised $100 million in its first equity round in nearly two years.
More:
The CoinList Blog, The Block, Cointelegraph, Insider, Coinspeaker, Bloomberg, and Blockworks. Tweets: @nivi
| Andrew Cunningham / Ars Technica: |
macOS 12 Monterey review: automation on Mac is revitalized with Shortcuts, Low Power Mode is nice, and it's packed with tons of small tweaks like AirPlay to Mac — An iterative update to Big Sur that has a little something for everyone. — Big Sur was a landmark release of macOS, in ways both technical and symbolic.
More:
9to5Mac, Pixelmator Blog, Macworld, XDA Developers, AppleInsider, ExtremeTech, Thurrott, iMore, MacStories, and Forbes
Tweets: @nathandyer_, @sogonsec, @vmlemon, @loudestnoise, @tapbot_paul, @ccgus, @tapbot_paul, @ccgus, and @adders
| Chaim Gartenberg / The Verge: |
Amazon Kindle Paperwhite Signature Edition review: better display, monthslong battery, and USB-C, but poor support for non-Amazon books and no physical buttons — The most popular Kindle gets its biggest update in nearly a decade — It's been nearly three years since Amazon has updated its best …
More:
Gizmodo, Engadget, Laptop Mag, Mashable, CNET, ZDNet, PCWorld, Digital Trends, Input, and TechCrunch
Tweets: @briantracy, @backlon, and @cgartenberg
| Cecilia Kang / New York Times: |
The role of the SEC, where Haugen sent her documents, in Facebook's ongoing woes remains to be seen, as experts say proving investor harm could be difficult — One of the most pressing questions is whether the Securities and Exchange Commission will significantly add to the company's woes.
More:
Washington Post. Tweets: @dylanbyers, @nyscomptroller, @jason_kint, @ceciliakang, @fboversight, and @joshsternberg
| Max Read / New York Magazine: |
A look at blockchain-based chat app Friends With Benefits, a Decentralized Autonomous Organization (DAO), which is touted as one of Web3's building blocks — Andreessen Horowitz has invested $5 million in a group chat. — In September, the trendsetting VC firm joined Pace Capital …
Tweets: @intelligencer
| Saqib Shah / Modern Retail: |
After 2019's breakup over customer data, Mailchimp and Shopify strike a new deal, and Mailchimp acquires ShopSync to integrate with Shopify — Mailchimp is launching an integration for Shopify more than two years after a public bust-up between the two companies.Thanks:@caleweissman
| Tiernan Ray / ZDNet: |
AMD Q3: revenue of $4.31B, up 54% YoY, Computing and Graphics revenue of $2.4B, up 44% YoY, Enterprise, Embedded and Semi-Custom revenue of $1.9B, up 69% YoY — AMD said revenue growth this quarter will be driven by higher server and semi-custom revenue. — Microprocessor and graphics …
Tweets: @iancutress
| Hema Parmar / Bloomberg: |
Sources: Tiger Global raises $8.8B for its PIP 15 fund, focused on tech startups in the US, China, and India, with a $10B target by March 2022 — - The PIP 15 fund will invest in internet technology companies — Firm assets have more than tripled to $95 billion since 2018| Maggie Fitzgerald / CNBC: |
Robinhood Q3: revenue of $365M, up 35% YoY but missing estimates of $431.5M due to less crypto trading, net loss of $1.32B, up from $11M YoY; stock down 8%+ — Stock trading app Robinhood reported a huge revenue miss in the third quarter as cryptocurrency trading dropped off.| Chris Metinko / Crunchbase News: |
Devo, which offers cloud logging and security analytics tools, raises a $250M Series E at a $1.5B valuation led by TCV, bringing its total funding to $400M+ — Cambridge, Massachusetts-based cybersecurity firm Devo Technology has closed a $250 million Series E as the company hopes to ride …
More:
TechCrunch, CRN, VentureBeat, GlobeNewswire News Room, and FinSMEs
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New York Times. Tweets: @tolles, @cnbc, @kurtwagner8, @kurtwagner8, @kurtwagner8, @saralivingston, and @richlightshed