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November 2, 2021, 1:40 PM
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New York Times:
Meta plans to shut down Facebook's decade-old facial recognition system this month, deleting the face scan data of 1B+ users following legal and regulatory woes  —  Saying it wants “to find the right balance” with the technology, the social network will delete the face scan data of more than one billion users.
Nikkei Asia:
Sources: Apple has cut back on iPad production by 50% from its original plans for the past two months, to allocate more chips to the iPhone 13  —  U.S. tech giant produces 50% fewer tablets than planned in September-October  —  TAIPEI — Apple has cut back sharply on iPad production …
Tom Warren / The Verge:
Microsoft will bring its mixed-reality platform Mesh, along with avatars and VR support, to Teams in the first half of 2022  —  Microsoft and Meta are on a collision course for metaverse competition  —  Microsoft is entering the race to build a metaverse inside Teams …
Kyle Wiggers / VentureBeat:
Microsoft announces Loop, an app that combines a “flexible canvas” with collaborative components that sync across Microsoft 365 services  —  Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10.  Learn more about what comes next.
Jon Porter / The Verge:
Zoom says it is testing ads on its free Basic tier; the ads appear on the browser page shown to users at the end of a call  —  They'll appear in a browser page at the end of meetings  —  Zoom is piloting showing ads to users on its free “Basic” tier, the company has announced in a blog post.
Nikkei Asia:
Sources: Nintendo will only be able to produce ~24M units of its Switch game console in FY 2021 due to chip shortages, 20% below its original plan of 30M  —  Production revised down to 24 million units for fiscal 2021 despite high demand  —  OSAKA — Nintendo will only be able to produce …
Brian Krebs / Krebs on Security:
Researchers discover a Unicode security vulnerability that affects most code compilers, including for Go, C++, C#, JavaScript, Java, Rust, and Python  —  Virtually all compilers — programs that transform human-readable source code into computer-executable machine code …
Liza Lin / Wall Street Journal:
Yahoo pulls its services out of China in a largely symbolic gesture following LinkedIn, citing an “increasingly challenging business and legal environment”  —  Yahoo Inc. said it was pulling out of China, citing an increasingly challenging business and legal environment …
Mary Jo Foley / ZDNet:
Microsoft Edge for Linux is now available for all users, supporting multiple distributions including Ubuntu, Debian, Fedora, and openSUSE  —  It's ‘Chredge’ time for Linux: Microsoft's Edge browser is now generally available for a number of Linux distributions.
Jon Fingas / Engadget:
Microsoft will integrate its recently acquired video editing web app Clipchamp into Office apps and adds an audio “recording studio” to PowerPoint  —  Microsoft is boosting Office with some (arguably overdue) media creation tools.  As part of a sweeping set of updates …
Kyle Wiggers / VentureBeat:
Microsoft launches Dynamics 365 offerings such as cloud-powered marketing, supply chain insights, observing how people move in retail spaces, and more  —  Beyond updates across Azure, this week at its Ignite 2021 conference, Microsoft has announced additions to its Dynamics 365 business app …
Tage Kene-Okafor / TechCrunch:
Chipper Cash, which provides cross-border payments services in Africa, raises a $150M Series C extension led by cryptocurrency exchange platform FTX  —  Chipper Cash, an African cross-border payments company, has raised $150 million in a Series C extension round led by Sam Bankman-Fried's cryptocurrency exchange platform FTX.
Frederic Lardinois / TechCrunch:
Lumigo, a cloud-native observability service for application monitoring and debugging, raises a $29M Series A led by Redline Capital  —  Lumigo, a cloud-native application monitoring and debugging platform, today announced that it has raised a $29 million Series A funding round led by Redline Capital.
More: Lumigo
Bloomberg:
Sources: Zillow is pitching institutional investors on the sale of 7K homes for ~$2.8B to recover from buying too many, which it blames on its bidding algorithm  —  - Online listing giant has been buying thousands of homes  —  Zillow Group Inc. is looking to sell about 7,000 homes as it seeks …
Nikhilesh De / CoinDesk:
Biden admin urges Congress to subject stablecoin issuers to federal oversight like banks and limit their interactions with non-financial companies, such as Meta  —  If U.S. lawmakers don't act, regulators have the authority to take their own measures, according to the long-awaited report …
Financial Times:
Meta takes down a troll farm run by the Nicaraguan government since 2018 that involved 937 Facebook accounts, 140 Pages, 24 Groups, and 363 Instagram accounts  —  Company says it took down hundreds of accounts, pages and groups ahead of Sunday's election  —  Meta's Facebook has accused …
Rita Liao / TechCrunch:
China-based Moka, which aims to automate the talent acquisition process for Chinese companies, raises a $100M Series C led by Tiger Global  —  Moka, a six-year-old Chinese startup that wants to make human resources management easier with software, said today it has closed a $100 million Series C round.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:40 PM ET, November 2, 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.

From Mediagazer

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

Ashley Carman / Bloomberg:
A growing number of podcasters, including Tim Ferriss, are moving away from interviews to monologues or co-hosts, as some well-known guests can be overexposed

Brian Steinberg / Variety:
Sources: NBCUniversal Vice Chairman Bonnie Hammer plans to leave the company at the end of the year; she has been with the company since 2004

More News

Earlier Picks

Mars W. Mosqueda Jr / DealStreetAsia:
Globe Telecom's Mynt, which operates mobile wallet app GCash, becomes the first tech unicorn in the Philippines after raising over $300M at a $2B+ valuation
Zheping Huang / Bloomberg:
Kuaishou's CEO Su Hua is stepping down, will remain chairman of the short-form video company; fellow co-founder Cheng Yixiao will be the new CEO
Paul Vigna / Wall Street Journal:
Digital Currency Group raises $700M at a $10B+ valuation led by SoftBank's Vision Fund 2 and Latin America Fund, with CapitalG and others participating
Andrew Tarantola / Engadget:
Facebook AI unveils open source tactile tech, including ReSkin, a robot “skin”, and DIGIT, a high-resolution fingertip sensors to give robots a sense of touch
Mark Gurman / Bloomberg:
Chip shortage hits Apple at the worst possible time ahead of the holidays, and Meta and Apple are set to be smartwatch and mixed reality headset rivals in 2022
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