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October 26, 2022, 9:45 AM
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| Alex Heath / The Verge: |
Meta says Apple updated its App Store rules to require IAPs for social media “boosts” to grow its business “while undercutting others in the digital economy” — Just when I thought the relationship between Apple and Meta couldn't get more hostile, here we are.
More:
Bloomberg, 9to5Mac, AppleInsider, ExtremeTech, Mobile Dev Memo, Philip Elmer‑DeWitt, MacRumors, Developer Tech News, iThinkDifferent, BGR India, FOSS Patents, and Mobilegamer.biz
Tweets: @eric_seufert, @nickstatt, @jameshercher, @exiledsurfer, @akindolu, @uwukko, @richlightshed, @dangillmor, @keleftheriou, @markgutman9, @sal19, @mergesort, @gartenberg, @anshelsag, @film_girl, @michaelbtech, @fosspatents, @tonyarnold, @alexeheath, @bcmerchant, @alexeheath, @gfodor, @nikitonsky, @uwukko, @anildash, @madthunderdome, @axelroark, @chrismessina, and @mattnavarra
| Emma Roth / The Verge: |
Spotify says Apple's behavior is “choking competition” after Apple rejected its proposed audiobook purchasing process three times for breaking App Store rules — The company called Apple practices “anticompetitive” and said it was “choking competition” in a blog post published …
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New York Times, Insider, Spotify, MacRumors, 9to5Mac, iMore, Engadget, Good e-Reader, The Hollywood Reporter, Music Ally, Digit, and AppleInsider
Tweets: @eldsjal, @elonmusk, @jeffjarvis, @pat_garofalo, @_kylejs_, @ballmatthew, @timsweeneyepic, @timsweeneyepic, @foadafshari, @chrismessina, @benedictevans, @nirzicherman, @wolfejosh, @brandonking4787, @migueldeicaza, @trippmickle, @chrisamccoy, @timsweeneyepic, @jherskowitz, @neilkatz, @benedictevans, and @shiraovide
| Alphabet: |
Alphabet reports Q3 revenue up 6% YoY from $65.1B to $69.09B, $13.91B net income, down from $18.94B YoY, 186,779 employees, up from 150,028 YoY; stock drops 5%+ — MOUNTAIN VIEW, Calif. - October 25, 2022 - Alphabet Inc. today announced financial results for the quarter ended September 30, 2022.
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Financial Times, Blockworks, Forbes, PYMNTS.com, Alphabet Investor Relations on YouTube, Cointelegraph, Android Police, 9to5Google, CNN, Android Headlines, MBI Deep Dives, Search Engine Land, Thurrott, Reuters, SiliconANGLE, and The Verge
Tweets: @patrikakis, @jenn_elias, @carnage4life, @byjulialove, @cityofthetown, @levynews, @jenn_elias, @epro, and @chrisjbakke
| Jon Swartz / MarketWatch: |
Alphabet reports Google ad sales of $54.5B in Q3, up from $53.1B YoY, missing estimates of $56.6B, and Google Search revenue of $39.5B, up from $37.9B YoY — Total Google ad sales miss expectations by more than $2 billion as Alphabet revenue grows at its slowest pace in more than two years
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CNBC, The Motley Fool, TheStreet, Fortune, Mobile Dev Memo, and Silicon Valley Business …
Tweets: @kantrowitz, @marketwatch, and @jason_kint
| Todd Spangler / Variety: |
| Sheila Dang / Reuters: |
Internal research: Twitter has been losing “heavy tweeters”, who tweet three to four times a week, since the pandemic began, masked by an overall growth in DAUs — “Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the social media platform.
More:
Bloomberg, New York Times, Gizmodo, Finbold, Coinspeaker, MediaNama, Digital Trends, Cointelegraph, Benzinga, Forbes, The Information, Search Engine Journal, Social Media Today, and The Block
Tweets: @sheila_dang, @wongmjane, @caseyjohnston, @mekosoff, @0xfoobar, @carnage4life, @jacobsben, @semaforben, @martinsfp, @hpmacd, @chad_hurley, @laurenweinstein, @joshgnosis, @carnage4life, @tomgara, @northmantrader, @marshallk, @doubleeph, @fred_delicious, @blgtylr, @whet, @mathewi, @amy_siskind, @pkafka, @matthewbennett, @mikebutcher, @risenrabbit, @anne_theriault, @bruce_arthur, @seyitaylor, @jaycuthrell, @katehalliwell, @dloesch, @emilygorcenski, @nevali, @scalzi, @marvelle, and @robpegoraro
| Joe Rossignol / MacRumors: |
After Apple rolls out its new App Store ad units, prominent developers complain about gambling ads appearing in their app listings with no way to stop them — Apple today rolled out new ad placements in the App Store on the iPhone, allowing developers to advertise their apps in more places …
More:
AppleInsider, BGR, FOSS Patents, iMore, and CNBC
Tweets: @simonbs, @viticci, @basicappleguy, @cabel, @marcoarment, @wolfiechristl, @hot_doggin_jon, @hot_doggin_jon, @gruber, @simonbs, @fromedome, @jasoneccles, @stroughtonsmith, @benedictevans, @mr_james_c, @eshumarneedi, @pt, @gergelyorosz, @alexeheath, @apollozac, @fahim_al_mahmud, @marcoarment, @gruber, @stalman, @simonbs, @gartenberg, @bzamayo, @cabel, @krausefx, @parkerortolani, @rsgnl, @keleftheriou, @jesslynnrose, @pdparticle, @johnbalestrieri, @drbarnard, @drbarnard, @antumbral, @uzmabarlaskar, @viticci, @radiantav, @reinholdkesler, @marcoarment, @asallen, @gruber, and @sdw
| Microsoft: |
Microsoft reports Q1 revenue up 11% YoY to $50.1B, net income down 14% YoY to $17.6B, Office Commercial revenue up 7% YoY, LinkedIn up 17% YoY; stock drops 5%+ — REDMOND, Wash. — October 25, 2022 — Microsoft Corp. today announced the following results for the quarter ended September 30 …
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CNBC, Microsoft Investor Relations, Bloomberg, Search Engine Roundtable, F5, Inc., GamingBolt, CNN, Transistori, Social Media Today, Thurrott, SAP News Center, New York Times, Reuters, and Axios
Tweets: @microsoft, @rustybrick, @fxshaw, @chriskeall, @dinabass, @epro, @fxshaw, and @tomwarren
| Frederic Lardinois / TechCrunch: |
More:
Thurrott. Tweets: @dvaughanci, @chriskeall, @rezendi, @cailen, @amasad, and @kate_guarente. Thanks:@colegarry2
| Tom Warren / The Verge: |
More:
GamesIndustry.biz, Pure Xbox, Hardcore Software, and Windows Central
Tweets: @tomwarren, @tomwarren, @tomwarren, and @tomwarren
| Berber Jin / Wall Street Journal: |
Sources: a16z's flagship crypto fund lost ~40% of its value in H1 2022, above the 10%-20% losses at rival funds; a16z has dramatically slowed crypto investments — Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’ — Crypto Crashed, Coinbase's Stock Followed: What Went Wrong
More:
The Block and CoinDesk
Tweets: @cararlombardo, @dhm, @cavandy, @riddle245, @paleofuture, @0xcrypton, @mayazi, @mayazi, @wublockchain, and @somospostpc
| Anne Steele / Wall Street Journal: |
Spotify CEO Daniel Ek says US subscribers can expect price hikes in 2023, after recent increases by Apple and YouTube; Premium has cost $9.99/month since 2011 — Audio streaming giant surpassed growth forecasts, increasing monthly active users by 20% to reach 456 million
More:
Insider, iMore, Silicon Republic, Deadline, Music Ally, ExchangeWire.com, Mint Insights, MarketWatch, and Variety
Tweets: @richlightshed and @richlightshed
| Dawn Chmielewski / Reuters: |
Spotify reports Q3 revenue up 21% YoY to €3.04B, MAUs up 20% YoY to 456M vs. 448.6M est., and Premium subs up 13% YoY to 195M; stock drops 4%+ on ad growth miss — Audio streaming service Spotify Technology SA (SPOT.N) Tuesday surpassed Wall Street's estimates for revenue and subscriber gains … | Reuters: |
Australia's biggest health insurer Medibank says an October 2022 hack compromised personal and “significant amounts” of health claims data of its ~4M customers — Medibank Private Ltd (MPL.AX), Australia's biggest health insurer, said on Wednesday a cyber hack had compromised …
More:
ABC, SecurityWeek, The Guardian, Australian Financial Review, and The Register
| Daryna Antoniuk / The Record: |
More:
Attorney-General of Australia, Reuters, Associated Press, TechCrunch, The Register, and Reuters. Tweets: @campuscodi
| Lauren Hirsch / New York Times: |
A profile of Delaware Chancery Court judge Kathaleen McCormick, who is overseeing the Elon Musk-Twitter dispute, ahead of the Friday deadline to close the deal — Kathaleen St. J. McCormick, the chief judge of Delaware's Chancery Court, gave Mr. Musk until Friday to acquire Twitter.| Clare Duffy / CNN: |
LinkedIn starts letting users verify their profile with a work email address or phone number and plans to alert users if a message they receive seems suspicious — Here's how Elon Musk calculated the number of bots on Twitter — Robot artist Ai-Da reset while speaking to UK politicians
More:
Silicon Republic, LinkedIn Official Blog, Livemint, Social Media Today, BGR India, and Adweek
Tweets: @claresduffy, @rachelmetz, @lamonicabuzz, and @caseynewton
| Ingrid Lunden / TechCrunch: |
OTI Lumionics, which is developing CPM Patterning display tech to let device makers avoid notches or cut-outs, raised a $55M Series B from LG, Samsung, and more — OTI Lumionics, an eye-catching startup out of Canada that has been working on display materials for device makers to create uninterrupted …
More:
OTI Lumionics
| Ian King / Bloomberg: |
Seagate misses Q1 estimates with $2.04B revenue and plans to cut around 3,000 jobs to reduce costs amid slowing demand; stock drops 9%+ and is down ~50% YTD — Seagate Technology Holdings Plc, the biggest maker of computer hard drives, said it's cutting about 3,000 jobs in a restructuring plan aimed …
More:
Reuters, Barron's Online, and Seagate
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Techdirt. Tweets: @lachlan, @forbes, @forbes, @ebakerwhite, @ebakerwhite, @ebakerwhite, @ebakerwhite, @forbes, and @forbes. Thanks:@alexrkonrad