Techmeme
October 29, 2021, 2:00 PM

Top News

Kevin Roose / New York Times:
Facebook's metaverse is designed to solve several problems: an ageing userbase, dependence on Google and Apple, regulatory risk, and reputational damage  —  If his new strategy works — a big if — it could help address several of Facebook's biggest problems.
Salvador Rodriguez / CNBC:
Sources: Zuckerberg agreed to a name change after years of staff complaints and research showing a “brand tax” on apps with the “from Facebook” label  —  - Employees have used the term “brand tax” to refer to the negative impact of Facebook on its other brands.
Ben Thompson / Stratechery:
Facebook's Meta renaming is a bet on the power of founder control, and is about a future that doesn't yet exist, but one that Zuckerberg believes needs to  —  The obvious analogy to Facebook's announcement that it is renaming itself Meta and re-organizing its financials to separate …
Mark Zuckerberg / About Facebook:
Andrew Bosworth:
Alex Heath / The Verge:
Mark Gurman / Bloomberg:
The Facebook View app on iOS contains an image of a potential Meta smartwatch, with a front-facing camera notch, rounded screen, and a detachable wrist strap  —  - Device has front-facing camera, possibly for videoconferencing  — Image of watch is found inside of Facebook View iPhone app
YouTube:
Dean Takahashi / VentureBeat:
Tom Warren / The Verge:
Microsoft acquires Two Hat, a content moderation provider that has helped improve Xbox communities for the past few years  —  The deal will help Microsoft's consumer services push  —  Microsoft has acquired Two Hat, a content moderation provider that's helped keep harmful content off Xbox.
The Verge:
Apple MacBook Pro 14- and 16-inch review: incredible performance with very long battery life and beautiful displays but expensive with absurd RAM pricing  —  Apple's new pro laptops right the wrongs of the past half decade  —  Let's start simply: the new MacBook Pros with M1 Pro and M1 Max chips …
Joanna Stern / Wall Street Journal:
Joe Rossignol / MacRumors:
Catalin Cimpanu / The Record:
Europol says it has detained 12 suspects for orchestrating ransomware attacks that hit 1,800+ victims across 71 countries since 2019  —  Europol said it detained 12 suspects this week it believes were part of a professional criminal group that orchestrated a long string of ransomware attacks …
Manish Singh / TechCrunch:
Google and Jio debut $87 JioPhone Next with a 5.45-inch HD+ display and Qualcomm's quad-core QM-215 chipset, available November 4 in India  —  Google and Indian telecom network Jio Platforms said on Friday that their much-anticipated budget smartphone, JioPhone Next, will go on sale …
Apple:
Apple misses with Q4 revenue of $83.4B, up 29% YoY, vs $84.85B est., iPhone revenue of $38.87B, up 47% YoY, services revenue of $18.3B, up 25.6%; stock down 3%+  —  New September quarter record with revenue up 29 percent  —  Services and Mac revenue reach new all-time highs
Yifan Wang / Wall Street Journal:
Under pressure from China, Alibaba's market value has declined from a peak of $850B in October 2020 to ~$460B today; filings show T. Rowe and others cut stakes  —  They may have to wait a while for the former market darling to regain its glory  —  SINGAPORE—Investors are betting the worst …
Lawrence Abrams / BleepingComputer:
Google releases a Chrome update that fixes seven vulnerabilities, including two zero-days exploited in the wild  —  Google has released Chrome 95.0.4638.69 for Windows, Mac, and Linux to fix two zero-day vulnerabilities that attackers have actively exploited.
About Amazon:
Amazon misses with Q3 revenue of $110.8B, up 15% YoY, vs $111.6B est., net income of $3.2B, down from $6.3B YoY, AWS net sales of $16.1B, up 39%; stock down 4%+  —  SEATTLE—(BUSINESS WIRE)— Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2021.

Sponsor Posts

TELUS Digital:
Are you ready for the era of agentic AI?  —  Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse.  Equip yourself with the info you need in this recorded webinar.
Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
Introducing captions, dynamic cross-references, table of tables and figures, and more in Zoho Writer  —  Easily ensure that your documents—reports, manuals, research papers, or thesis—are neatly structured …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Channels with Peter Kafka:
NYT publisher AG Sulzberger on Trump, OpenAi and the economy
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Techmeme Ride Home:
It's Already Starting...
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Spotlight On:
Corelight's Brian Dye on What He's Learned About Scaling
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Invest Like the Best:
Michael Ovitz - Turning Potential into Prominence
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Decoder with Nilay Patel:
UiPath CEO Daniel Dines on AI agents replacing our jobs
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Grit:
Brex 3.0: Inside the Radical Turnaround with Pedro Franceschi
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:00 PM ET, October 29, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Alexander Osipovich / Wall Street Journal: