Techmeme
October 31, 2021, 2:55 PM

Top News

Salvador Rodriguez / CNBC:
In 2018, Oculus' Jason Rubin sent a paper to Facebook executives laying the foundation for Meta's ambitions and detailing the need to own the VR market  —  - In 2018, an Oculus executive named Jason Rubin wrote a 50-page document headlined “The Metaverse” that he sent to a Facebook board member and some top execs.
Gene Park / Washington Post:
Meta is just playing catch-up as Roblox, Steam VR, VRChat, and other platforms have already developed metaverse-like experiences  —  In addition to announcing Facebook's rebranding to Meta on Thursday, Mark Zuckerberg delivered a number of lofty promises about the metaverse and its features.
Kevin Roose / New York Times:
Facebook's metaverse is designed to solve several problems: an aging 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.
Ethan Zuckerman / The Atlantic:
Meta's promised metaverse is going to be boring and is meant to distract us from the world that Facebook helped break  —  In a booth at Ted's Fish Fry, in Troy, New York, my friend Daniel Beck and I sketched out our plans for the metaverse.  It was November 1994, just as the graphical web …
Wall Street Journal:
Experts say sourcing chips has turned almost into a lottery amid the global chip shortage, as wait times ballooned to 22 weeks in October  —  Nearly a year into the crisis, some customers are finding it is taking months more than expected to get needed parts
Tom Warren / The Verge:
Roblox has been down since about 7PM ET on October 28, with some speculating the outage may be related to a Chipotle promotion, but the company denies a link  —  Roblox is having some major server issues  —  Roblox has been down for more than two days, with the game and its related website offline for millions of players.
Politico:
Industry and government officials say Gaia-X, a project to reduce the EU's cloud dependency on US tech giants, is clogged by infighting and bloated bureaucracy  —  The initiative, meant to boost Europe's cloud services, is failing to fix the problems it was intended to solve.
Daisuke Wakabayashi / New York Times:
Apple's $19 Polishing Cloth has become its most back-ordered new product with shipments delayed until January; source: the company isn't surprised by the demand  —  It's a $19 cloth.  —  OAKLAND, Calif — Apple this month unveiled an array of new gadgets: more powerful MacBook laptop computers …
Delia Cai / Vanity Fair:
Q&A with EIC Nilay Patel on The Verge's 10th anniversary, tech media's advance from early breathless gadget reviews, subject-source relationships, and more  —  After a decade covering the Zucks, Googles, and Ubers of the scene, the Verge editor in chief reflects on tech's troublesome relationship with the rest of the world.
Bloomberg:
A look at student activity monitoring software GoGuardian, whose usage in US schools exploded during lockdowns as some say it adds to kids' psychological strain  —  The pandemic caused schools to embrace laptops, tablets, Zoom, and an app called GoGuardian that tracks everything students (and, sometimes, parents) do online.
Eudora Wang / DealStreetAsia:
Beijing-based Huice, a SaaS provider that helps e-commerce businesses manage orders and more, raises a $312M Series D led by SoftBank Vision Fund 2  —  Huice, which develops software-as-a-service (SaaS) solutions to enable smart retail, has raised $312 million in a Series D round led by SoftBank Group Corp's Vision Fund 2.

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