Techmeme
October 19, 2022, 12:45 PM

Top News

Tom Warren / The Verge:
In filings with UK's CMA as part of its Activision Blizzard acquisition, Microsoft says it plans to build a new Xbox Mobile Platform and a store to sell games  —  Microsoft's Activision Blizzard deal is key to the company's mobile gaming efforts.  Microsoft is quietly building a mobile Xbox store …
Amanda Silberling / TechCrunch:
Netflix VP of Gaming Mike Verdu says the company is “seriously exploring a cloud gaming offering” and plans to open a new gaming studio in Southern California  —  At TechCrunch Disrupt, Netflix VP of Gaming Mike Verdu dropped two bits of news about the streaming giant's foray into games.
Sarah Whitten / CNBC:
Netflix beats with Q3 revenue up 5.9% YoY to $7.93B, $1.4B net income, down from $1.45B YoY, 2.4M net global subscribers added, vs. 1.09M est.; stock is up 10%+  —  - Netflix beat third-quarter expectations on the top and bottom lines Tuesday.  — The company said it added 2.41 million …
Todd Spangler / Variety:
Canalys:
Global smartphone market fell 9% YoY in Q3, the third decline in 2022 and the worst Q3 since 2014; Apple grew its market share from 15% in Q3 2021 to 18%  —  In Q3 2022, the global smartphone market recorded its third consecutive decline this year, dropping 9% year-on-year, marking the worst Q3 since 2014.
Jason Snell / Six Colors:
Apple's new iPad lineup is a mess, with the M2 iPad Pro missing some of the advances in the low-end 10th-gen iPad and the 9th-gen iPad still available for sale  —  On Tuesday morning, Apple announced new iPad and iPad Pro models via press release.  On their own, they are reasonable …
Hartley Charlton / MacRumors:
Benjamin Mayo / 9to5Mac:
Brian X. Chen / New York Times:
The Quest Pro is viable as a fun, albeit pricey, game console with impressive hardware but does not realize Meta's vision for VR as a place to be productive  —  It's not what Mark Zuckerberg promises.  —  BURLINGAME, Calif. — Good news, readers: After using nearly every virtual reality headset …
Dave Lee / Financial Times:
Uber launches a global ad unit targeting gross ad bookings of $1B per year by 2024, including by displaying ads within its apps and on top of cars  —  Rideshare company looks to accelerate revenue growth with new business division  —  Uber has launched its global advertising unit with the goal …
Sander Lutz / Decrypt:
Bluesky previews its Authenticated Transport Protocol, formerly ADX, for large distributed social applications and says a Bluesky social app is “coming soon”  —  The group, formed within Twitter, is building a decentralized protocol that limits corporate and governmental influence on social media platforms.
Jacob Silverman / New Republic:
A profile of venture capitalist and former PayPal COO David Sacks, who is using his wealth and online clout to lead a reactionary movement against liberalism  —  Last month, Chesa Boudin, the former district attorney of San Francisco, spoke with the leftist podcaster and political commentator Katie Halper …
Bloomberg:
Documents: Japan may let crypto exchanges list tokens without a lengthy screening process, unless the tokens are new; the rule could take effect by December  —  Japan plans to further loosen cryptocurrency rules by making it easier to list virtual coins, potentially burnishing the country's allure …

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