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October 12, 2022, 9:45 AM
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Parmy Olson / Bloomberg:
Mark Zuckerberg's metaverse keynote did nothing to address enormous skepticism and shows why the idea should have been an R&D project, not Meta's future  —  As Mark Zuckerberg spoke to the camera in a pre-recorded presentation on Tuesday to kick off Meta Platforms Inc.'s annual virtual reality conference …
The Verge:
Q&A with Mark Zuckerberg on the Quest Pro, mixed reality, the Microsoft partnership, metaverse plans, TikTok, BeReal, the Discovery Engine approach, and more
Darrell Etherington / TechCrunch:
The Meta Connect keynote felt overscripted and “incredibly thirsty”; the long pitch for VR and the metaverse came off as one of tech's hardest sells in a decade
Meta on YouTube:
A video of Meta's Connect 2022 keynote, showcasing the Quest Pro mixed reality headset, plans for the metaverse, new partnerships, and more
Adi Robertson / The Verge:
Hands-on with Meta Quest Pro: feels like a sophisticated development kit with a thoughtful design, improved controllers, one to two hours of battery, and more  —  Meta's new high-end headset introduces eye tracking and mixed reality for $1,499 … The first thing I notice with the Meta Quest Pro is the fit.
Adi Robertson / The Verge:
Meta unveils the $1,499 Quest Pro headset, offering eye and face tracking and color passthrough video for mixed reality, shipping on October 25 in 22 countries  —  Meta has finally announced the Meta Quest Pro: a $1,499 virtual reality headset it's been teasing for the past year.
Bloomberg:
Sources: Intel is planning major job cuts, likely in the thousands, close to October 27; some divisions, including sales and marketing, could see ~20% cuts  —  Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope …
Christopher Dring / GamesIndustry.biz:
The UK's CMA details its concerns with Microsoft's Activision acquisition, including withholding games from rivals; Microsoft argues Sony is the dominant player  —  The CMA expects the deal to impact PlayStation and game streaming  —  The Competition and Markets Authority has detailed …
Sam Kessler / CoinDesk:
Mango Markets, a DeFi platform on Solana, says a hacker stole some of its funds “via an oracle price manipulation”; blockchain auditor OtterSec estimates $100M+  —  Mango's MNGO token was down over 40% after suffering from the latest massive decentralized finance exploit.
Jon Porter / The Verge:
Roku partners with Wyze to release smart home products, including lighting, plugs, and cameras, sold exclusively at Walmart starting October 17  —  Roku has officially announced a lineup of smart home gadgets that includes lighting, plugs, and cameras.  The devices, which were …
BBC:
TikTok plans to take prompt action against “exploitative begging” after an investigation found refugees in Syrian camps pleading for digital gifts on the app  —  BBC Global Disinformation Unit, BBC News Arabic and BBC Eye Investigations  —  Displaced families in Syrian camps …
Jay Peters / The Verge:
Meta announces Horizon Worlds avatars are getting legs using an AI model to predict the body's position, an avatar store, avatars are coming to Reels, and more  —  Meta's Horizon avatars will be getting legs.  So far, the company's avatars have weirdly just hovered off the ground …
Chance Miller / 9to5Mac:
Kuo predicts that, in the next three to five years, Apple may be able to supply the US market, or ~25% of global shipments, from assembly sites outside of China  —  Apple analyst Ming-Chi Kuo is out today with some new predictions on how Apple can continue to reduce its reliance on China.
John Reed / Financial Times:
A look at India's plan to build a wholly local supply chain, as its IT minister says the government is “actively encouraging and supporting” Apple's investments
Tom Warren / The Verge:
Meta partners with Microsoft to bring Teams, Office, Windows 365, and Xbox Cloud Gaming to Quest VR headsets in the coming months; Teams will use Meta's avatars  —  Microsoft and Meta looked like they were on a collision course last year, poised to compete heavily for the future of work in the metaverse.
Scott Stein / CNET:
A look inside Meta's Reality Labs, featuring demos of a neural input wristband, 3D audio, photorealistic avatars with Codec Avatars 2.0, and 3D object scanning  —  My visit to a future that isn't quite here yet: neural wristbands, ghostly 3D audio and lifelike avatars.  Plus, the new Meta Quest Pro.
More: Memeburn.  Tweets: @jank0.  Thanks:@stshank
Jim Waterson / The Guardian:
Netflix joins the British ratings agency, or BARB, as a full member, publishing independently audited viewing figures on individual shows for the first time  —  Streaming service's decision to sign up to independent ratings agency is world first and will give insight into its cultural power
Manish Singh / TechCrunch:
Indian edtech giant Byju's plans to lay off 5% of its workforce, or around 2,500 people, in a bid to achieve profitability by 2023  —  Indian edtech giant Byju's said on Wednesday it has eliminated 5% of its workforce, or about 2,500 roles, across multiple departments as it looks to improve …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:45 AM ET, October 12, 2022.

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

Daniel Thomas / Financial Times:
Trade body data: copyrighted music revenue was $45.5B in 2023, above cinema box office spending of $33.2B in 2023 and $41.9B in 2019; record labels made $28.5B

Bill Donahue / Billboard:
Drake launches legal action against UMG and Spotify for allegedly using bots, payola, and more to inflate Kendrick Lamar's Not Like Us, a track attacking Drake

Mark Kleinman / Sky News:
Sources: CVC Capital Partners and a major European broadcaster, thought to be France's Groupe TF1, are among those considering a takeover of the UK's ITV

More News

Halisia Hubbard / NPR:
British artist Damien Hirst burns thousands of his paintings live on Instagram as part of an NFT project, “completing the transformation” from physical to NFTs

Earlier Picks

Mary Ann Azevedo / TechCrunch:
Brex, valued at $12.3B in January 2022, lays off 136, or 11% of its staff, as part of a restructuring, and its CFO departs to join HR software startup Rippling
Matt Robinson / Bloomberg:
Source: the US SEC is investigating whether Yuga Labs, the creator of Bored Ape Yacht Club NFTs, violated securities laws by selling its NFTs and ApeCoins
Kollen Post / The Block:
Crypto exchange Bittrex agrees to a $29.3M settlement with the US Treasury Department over potential liability for sanctions violations between 2014 and 2017
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