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October 28, 2021, 4:10 AM
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memeorandum
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| New York Times: |
Facebook tells employees to preserve internal docs and communications related to its business since 2016, as governments and legislative bodies begin inquiries — Facebook has told employees to “preserve internal documents and communications since 2016” that pertain to its businesses …
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Axios, Washington Post, CNET, CNN, Slate, Forbes, The Independent, Insider, The Hill, Protocol, and New York Post
Tweets: @mikeisaac, @lurker_tech, @firebellys, @rmac18, @justitiamatrona, @joe3barrera, @benbn, @netculture, @pikhq, @ericajoy, @baddcompani, @joshsternberg, and @rmac18
| Casey Newton / Platformer: |
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Galaxy Brain and Washington Post
Tweets: @jbakcoleman, @brandonsilverm, @caseynewton, @martinsfp, @terronk, @brandonsilverm, @brandonsilverm, @evelyndouek, @ewarren, @benedictevans, @alexstamos, @daphnehk, @jeffhorwitz, @taylorhughes, @antoniogm, @hcetamd, @brianfishman, @jasonhirschhorn, @bennyfactor, @mattdrange, @jeffhorwitz, @caseynewton, @jamesliamcook, and @kentbye
| Wall Street Journal: |
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The Guardian, Insider, Gizmodo, Fortune, Securities and Exchange Commission, WRAL TechWire, CNN, Telegraph, CNET, The Hill, Protocol, and Reuters
Tweets: @martyswant, @sarafischer, @wsj, @jason_kint, @wsjpolitics, @repcasten, and @donie
| Ron Amadeo / Ars Technica: |
Google unveils Android 12L update focused on tablets, foldables, and Chromebooks, which tweaks big screen UI layouts, adds a taskbar, more, coming early 2022 — Android 12L brings tablet-focused features, like a dock and dual-pane interfaces. — Have you heard about the new version of Android?| Sarah Perez / TechCrunch: |
Spotify cites Edison Research and its own internal data to claim it “recently became” the most-used podcast platform in the US and says it has 3.2M podcasts — In September, analysts at eMarketer predicted Spotify was poised to overtake Apple Podcasts in U.S. listenership sometime this year.
More:
Spotify, Benzinga, Wall Street Journal, Input, AppleInsider, Android Police, RAIN News, FrontPageTech.com, 9to5Mac, Finbold, The Verge, and Variety
Tweets: @richlightshed, @morningbrew, @edisonresearch, @sarafischer, and @lucas_shaw
| Richard Lawler / The Verge: |
Samsung reports Q3 net profit of ~$10.5B, up 31% YoY, on record revenue of ~$63B, up 10% YoY, beating estimates; operating profit rose 26% YoY to ~$13B — Credit high demand for chips, foldables, Switch OLED, and the iPhone 13. — In 2020, Samsung weathered the pandemic by posting …
More:
Engadget, Samsung Global Newsroom, The Economic Times, Financial Times, phonearena.com, Wall Street Journal, ZDNet, Bloomberg, SiliconANGLE, CNET, and MSN
Tweets: @tarunpathak and @samsung
| Bryan Walsh / Axios: |
GitHub says as much as 30% of new code on its network is written with its AI tool Copilot, and 50% of developers who tried it since July have kept using it — The open-source software developer GitHub says as much as 30% of newly written code on its network is being done with the help of the company's AI programming tool Copilot.
More:
TNW and visualstudiomagazine.com
| Catalin Cimpanu / The Record: |
Hackers steal an estimated $130M from DeFi platform Cream Finance in a flash loan attack; the company lost $37M in Feb. and $29M in Aug. in similar attacks — - Hackers exploit bug in Cream Finance flash loaning system to steal all Ethereum-based tokens. — The value of the stolen funds …
More:
Bloomberg, Decrypt, The Block, Yahoo Finance, Yahoo Movies, Crypto Briefing, and CoinGeek
Tweets: @thijsniks and @carnage4life
| Jon Porter / The Verge: |
Instagram rolls out link stickers to all users, expanding on verified and high-follower accounts — They can add links in Stories posts but not your feed — Instagram's link stickers, which let you include hyperlinks in Stories in the form of stickers, will now be available to everyone on the platform … | Aria Alamalhodaei / TechCrunch: |
Skyryse, which develops a flight automation operating system called FlightOS, raises a $200M Series B co-led by Fidelity and Monashee Investment Management — Five-year-old startup Skyryse has raised a $200 million Series B to develop FlightOS, a flight automation technology stack … | Ed Ballard / Wall Street Journal: |
A look at Stripe's carbon-removal investments, including $9M in 10 projects; nearly 9K businesses use Stripe Climate to divert some revenue to carbon-removal — The technology for removing billions of tons of carbon dioxide from the atmosphere isn't ready. Stripe wants to speed things up.
More:
Slashdot. Tweets: @benlandautaylor, @lil_dill, @hassankhan, @orbuch, @hanlonbt, @mattparlmer, @sub8u, @silagene, @charmindustrial, @duncan__c, @jasonclimateguy, @ksavitt, @kdenkss, and @patrickc
| Zoe Schiffer / The Verge: |
Internal docs show Netflix tried to minimize public backlash to the film Cuties by stopping it from appearing in some search results and recommendations — In September 2020, Netflix was in turmoil as the company battled its most significant PR scandal to date.
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Vulture, The Week, NME, IndieWire, The Wrap, CNET, and Variety
| Wall Street Journal: |
Sources: DOJ is investigating whether Visa used financial incentives to keep Square, Stripe, and PayPal from using other card networks or payment systems — Antitrust investigators are scrutinizing financial incentives Visa gave to Square, Stripe and PayPal| Chaim Gartenberg / The Verge: |
Intel launches its 12th-gen Alder Lake chips, led by the flagship Core i9-12900K CPU with 16 cores for $589, shipping November 4 — A new era for Intel begins — Intel's 12th Gen Alder Lake chips have finally arrived, ushering in a new era of the company's chips, lead by the flagship Core i9-12900K CPU …
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AnandTech, VentureBeat, OSnews, Gizmodo, SiliconANGLE, HotHardware.com News, Tom's Hardware, WikiChip Fuse, XDA Developers, PCWorld, SemiAccurate, VentureBeat, and Engadget
Tweets: @bdsams, @tomwarren, @cdemerjian, @cstar_ow, @cdemerjian, @tomwarren, @starfire2258, @cdemerjian, and @cdemerjian
| Ingrid Lunden / TechCrunch: |
LinkedIn launches its freelance services marketplace globally after picking up 2M users in a quietly run US beta, to compete with the likes of Fiverr and Upwork — LinkedIn, the Microsoft-owned platform for those connecting with others in their fields of work and those looking for work … | Tiernan Ray / ZDNet: |
Twilio Q3: rev. of $740.2M vs. $681M est., up 65% YoY, loss of $224.1M, up from $116.9M YoY, 250K+ active customer accounts, up from 208K YoY; stock down 11%+ — Twilio said Dollar-Based Net Expansion Rate was 131%, down from 137% in the prior-year period.
More:
Twilio, Investor's Business Daily, SiliconANGLE, MarketWatch, and MarketWatch. Tweets: @tiernanraytech
| Anna Kramer / Protocol: |
Internal docs show how Facebook calculates the number of engineers needed and how it has struggled to recruit talent, missing recruitment goals in 2019 and 2021 — Facebook cannot find enough candidates to meet engineering demand, especially in the Bay Area, and has struggled and failed … | Loveday Morris / Washington Post: |
Docs: EU politicians said Facebook algorithm changes in 2019 negatively impacted politics, particularly in Poland, where many blamed Facebook for polarization — WARSAW — Most political parties in Poland have complaints about Facebook's algorithms, the obscure formulas that decide … | Manish Singh / TechCrunch: |
Indian insurtech startup Acko raises $255M co-led by General Atlantic and Multiples Private Equity at a $1.1B valuation, bringing its total raised to $450M — Insurance policy provider Acko is the latest Indian startup to become a unicorn, joining nearly three dozen other firms …
More:
Bloomberg, Entrackr, DealStreetAsia, Reuters, The Economic Times, and VCCircle
| Nancy Scola / New York Magazine: |
Interview with FTC Chair Lina Khan on leading the agency, its regulatory failures and avoiding future missteps, Facebook, Amazon, Alphabet, and more — Lina Khan was an associate professor at Columbia Law, working remotely from Texas, when she found out that President Joe Biden wanted her on the Federal Trade Commission.
Tweets: @kvnweb, @_vectorist, @nancyscola, @ryanjtracy, @jenhoward80, @viacristiano, @sarahmillerdc, @henryfarrell, @jenhoward80, @nymag, @ugambini, and @nancyscola
| Kyle Orland / Ars Technica: |
Amid harassment fallout, Blizzard says it will pause plans for next year's BlizzCon event to focus on supporting its teams and game development — Feb. show nixxed in favor of “supporting our teams and progressing development...” — Following an online-only BlizzCon earlier this year …
Source:
Blizzard News. More:
PCMag, Insider, and Gamereactor UK
Tweets: @stylosa, @forcestrategy, and @ethangach
| Eli Tan / CoinDesk: |
QuickNode, which helps developers build blockchain apps, raises a $35M Series A led by Tiger Global, following a $5.3M seed round in May — The Series A follows a $5.3 million seed round earlier this year and includes participation from Reddit founder Alexis Ohanian and entrepreneur Anthony Pompliano.
More:
PR Newswire, Cointelegraph, PYMNTS.com, Bloomberg, and refreshmiami.com
Tweets: @hsakatrades, @apompliano, @alexisohanian, and @ldrogen
| Foo Yun Chee / Reuters: |
EU opens an investigation into Nvidia's planned Arm acquisition on competition grounds, the latest setback for the deal — Nvidia (NVDA.O) suffered a setback on Wednesday as EU antitrust regulators opened a full-scale investigation into its $54 billion bid for British chip designer ARM …
More:
PCMag, European Commission, TechCircle, Windows Central, ZDNet, Euractiv, TechRadar, and The Verge
| Justine Calma / The Verge: |
Microsoft sets a goal to reduce data center water consumption by 95% by 2024, building on broader 2030 climate commitments — It's turning to new technology to cool servers without using water — Microsoft ramped up its commitments today to conserve water and energy in its data centers …
Source:
The Official Microsoft Blog. More:
The Official Microsoft Blog, ZDNet, Input, Silicon Republic, WinBuzzer, Engadget, and ZDNet
Tweets: @satyanadella, @markrussinovich, @paulfabretti, and @bradsmi
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South China Morning Post. Tweets: @dmccabe, @neerajka, @yo_bj, @brentnyt, @sarafischer, and @shiraovide
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