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October 28, 2021, 9:35 AM
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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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Washington Post, The Guardian, Columbia Journalism Review, AppleInsider, CNET, Bloomberg, The Independent, Forbes, Slate, CNN, The Hill, Insider, and Axios
Tweets: @mikeisaac, @lurker_tech, @firebellys, @justitiamatrona, @joe3barrera, @benbn, @netculture, @pikhq, @ericajoy, @baddcompani, @joshsternberg, @rmac18, and @rmac18
| Jacob Silverman / New York Magazine: |
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Fortune, Insider, MUO, WRAL TechWire, and Livemint
| Casey Newton / Platformer: |
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Galaxy Brain, Washington Post, TNW, and Protocol
Tweets: @jbakcoleman, @brandonsilverm, @terronk, @caseynewton, @martinsfp, @brandonsilverm, @brandonsilverm, @evelyndouek, @ewarren, @benedictevans, @alexstamos, @daphnehk, @jeffhorwitz, @taylorhughes, @antoniogm, @hcetamd, @brianfishman, @jasonhirschhorn, @bennyfactor, @mattdrange, @jeffhorwitz, and @caseynewton
| Jennifer Ryan / Bloomberg: |
Activision Blizzard CEO Bobby Kotick, who earned $154.6M last year, will take a pay cut to $62,500 and forego equity grants until diversity goals are met — - Compensation included paying CEO $154.6 million last year — Company facing sexual harassment and discrimination case
Source:
Activision Blizzard. More:
GamesIndustry.biz, Protocol, VentureBeat, Game Developer, IGN, NME, Wall Street Journal, Video Games Chronicle, Polygon, thegamer.com, GameSpot, and Game Rant
| 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; semiconductor sales nearly doubled to ~$8.5B — Credit high demand for chips, foldables, Switch OLED, and the iPhone 13. — In 2020, Samsung weathered the pandemic by posting …
Source:
Samsung Global Newsroom. More:
Engadget, Financial Times, Thurrott, Financial Times, Android Headlines, Wall Street Journal, SiliconANGLE, phonearena.com, Bloomberg, MSN, CNET, ZDNet, and Bloomberg
Tweets: @tarunpathak and @samsung
| Ben Thompson / Stratechery: |
The Sequoia Fund announcement shows Sequoia Capital wants to invest and keep long-term positions in SaaS companies with proven business models — Two weeks ago, in The Death and Birth of Technological Revolutions,1 I puzzled about exactly where we were in the Age of Information and Telecommunications …
More:
howardlindzon.com and TechCrunch
Tweets: @sequoia, @roelofbotha, @tobi, @tyler, @plibin, @klarnaseb, @modestproposal1, @natbullard, @stratechery, @timmlatimer, @kayvz, @honam, @sajithpai, and @ganeumann
| 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.
Source:
GitHub. More:
Silicon Republic, The GitHub Blog, visualstudiomagazine.com, and TNW
Tweets: @satyanadella, @github, @dintersmith, @campuscodi, @quinnypig, @stevesi, and @jordannovet. Thanks:@colegarry2
| Joe Rossignol / MacRumors: |
Apple support documents says 14- and 16-inch MacBook Pro users can turn on “scale to fit below built-in camera” to avoid notch app compatibility issues — Apple today shared a new support document that explains how users can ensure that an app's menu bar items do not appear hidden behind … | Bloomberg: |
GlobalFoundries raises $2.6B in an IPO, selling shares for $47, valuing the company at over $25B, the third biggest US listing in 2021 behind Coupang and Didi — - Chipmaker's shares price at top of $42-$47 marketed range — Mubadala's portion of share sale increased from earlier plan
More:
Albany Times Union and Reuters
| 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.
Source:
Spotify. More:
Benzinga, AppleInsider, Input, Wall Street Journal, FrontPageTech.com, Android Police, RAIN News, 9to5Mac, Finbold, The Verge, and Variety
Tweets: @richlightshed, @morningbrew, @edisonresearch, @sarafischer, and @lucas_shaw
| Patience Haggin / Wall Street Journal: |
A look at the impact of Apple's ATT on Alphabet and Facebook: limits on Facebook's ad targeting raises ad spends for brands, sending some advertisers to Google — New iPhone privacy standards rocked digital advertising, raising some boats and lowering others
More:
MarketWatch, iMore, CNBC, and AppleInsider
Tweets: @jpmartin, @mhbergen, @sarafischer, and @ryan_browne_
| Washington Post: |
NYU research suggests Twitter's algorithms promote conservative politicians because they are more likely to be “ratioed”, which Twitter may count as engagement — Our research suggests conservative politicians are ‘ratioed’ more often. That may explain why they're in your timeline.
More:
Forbes. Tweets: @rjcc, @carnage4life, @abeaujon, @m_dot_brown, @_cingraham, @_cingraham, @mathewi, @kenklippenstein, @lisamccray, and @tvietor08
| Kyle Wiggers / VentureBeat: |
Apple joins Sustainable Semiconductor Technologies and Systems, a program by Belgium-based R&D organization Imec to help reduce environmental impact of chips — Apple today announced that it has joined Sustainable Semiconductor Technologies and Systems (SSTS), a new research program launched … | Ron Amadeo / Ars Technica: |
Google unveils Android 12L update focused on tablets, foldables, and Chromebooks, with tweaks like big screen UI layouts and a new taskbar, 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?
Source:
Android Developers Blog. More:
Android Developers, Thurrott, Laptop Mag, About Chromebooks, TechSpot, SamMobile, Windows Central, fossbytes.com, Android Headlines, Notebookcheck.net, and Android Central
Tweets: @ianbetteridge, @suka_hiroaki, @backlon, @epro, @mishaalrahman, @suka_hiroaki, and @ronamadeo
| Ingrid Lunden / TechCrunch: |
Open-source SQL database developer Yugabyte raises a $188M Series C at a $1.3B valuation led by Sapphire Ventures — Today's world is run on data, and the amount of it that is being produced, managed and used to power services is growing by the minute — to the tune of some 79 zettabytes this year, according to one estimate.
More:
VentureBeat, SiliconANGLE, and ZDNet
| Ali Breland / Mother Jones: |
Internal document from far-right militia Oath Keepers, with details on 25,000 members, shows Facebook was the most common way of discovering the group — Fight disinformation. Get a daily recap of the facts that matter. Sign up for the free Mother Jones newsletter. — How does one come to join a militia?
Tweets: @willoremus, @willoremus, @alibreland, @dfrlab, @alibreland, @timothypmurphy, @alibreland, @motherjones, @elizrael, @jaredlholt, and @paulmasonnews
| Danny Nelson / CoinDesk: |
Crypto infrastructure company Alchemy, which wants to be the “AWS for blockchains”, raises a $250M Series C at a $3.5B valuation led by a16z — The venture giant invests in the kinds of companies Alchemy has called clients for years. — Crypto infrastructure company Alchemy …
More:
Decrypt, TechCrunch, Forbes, and CNBC
| Nancy Tartaglione / Deadline: |
Sony reports Q2 revenue rose 13% YoY to $21B and operating income rose 1% YoY to $2.8B; PS5 sales were 3.3M as its Games unit operating income dropped 22% YoY — Sony Pictures Entertainment recorded $288M in operating profits for the three months ending September 30, repping a 7% dip from the same period last year.| 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 have stolen an estimated $130 million worth of cryptocurrency assets from Cream Finance, a decentralized finance (DeFi) …
More:
Blockworks, Forkast, Bloomberg, TechRadar, The Block, Yahoo Finance, Decrypt, Yahoo Movies, and Crypto Briefing
Tweets: @creamdotfinance, @frankresearcher, @creamdotfinance, @thijsniks, @azflin, and @carnage4life
| 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:
FinSMEs, PR Newswire, cryptodaily.co.uk, Cointelegraph, PYMNTS.com, pitchbook.com, SiliconANGLE, Bloomberg, and refreshmiami.com
Tweets: @hsakatrades, @apompliano, @alexisohanian, and @ldrogen
| Bloomberg: |
Google, Apple, Twitter, Snap, Microsoft, and others form the Catalyze Tech coalition, committing to improve DEI, share demographic data, and more — New report underscores importance of sharing data and supporting K-12 computer science education. — Alphabet Inc.'s Google, Twitter Inc. … | Wall Street Journal: |
Sources: Mimecast, which makes email security tools, is exploring a possible sale or investment; Mimecast went public in 2015 and is valued at $4.5B — Cybersecurity-software company has market value of about $4.5 billion — Email-security software maker Mimecast Ltd. is exploring a possible sale …
More:
Benzinga and Private Equity News
| 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| 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: @lil_dill, @orbuch, @sub8u, @ksavitt, @kdenkss, @hanlonbt, @mattparlmer, @silagene, @hassankhan, @jasonclimateguy, @charmindustrial, @duncan__c, @benlandautaylor, and @patrickc
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