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October 26, 2022, 11:35 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, Android Authority, ExtremeTech, Mobile Dev Memo, AppleInsider, MacRumors, iThinkDifferent, Philip Elmer‑DeWitt, BGR India, and FOSS Patents
Tweets: @eric_seufert, @nickstatt, @exiledsurfer, @akindolu, @uwukko, @richlightshed, @dangillmor, @keleftheriou, @markgutman9, @sal19, @mergesort, @gartenberg, @anshelsag, @film_girl, @michaelbtech, @fosspatents, @tonyarnold, @alexeheath, @bcmerchant, @alexeheath, @gfodor, @nikitonsky, @uwukko, @anildash, @jameshercher, @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, Fortune, 9to5Mac, iThinkDifferent, iMore, Engadget, Good e-Reader, The Hollywood Reporter, and Digit
Tweets: @eldsjal, @balestrapatrick, @dariuszdziuk, @jeffjarvis, @elonmusk, @ballmatthew, @timsweeneyepic, @_kylejs_, @timsweeneyepic, @pat_garofalo, @benedictevans, @nirzicherman, @wolfejosh, @brandonking4787, @migueldeicaza, @trippmickle, @chrisamccoy, @timsweeneyepic, @jherskowitz, @neilkatz, @benedictevans, and @shiraovide
| 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 …
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The Verge, Macworld, Financial Times, AppleInsider, AppleInsider, FOSS Patents, BGR, iMore, and CNBC
Tweets: @simonbs, @cabel, @basicappleguy, @viticci, @marcoarment, @wolfiechristl, @hot_doggin_jon, @gruber, @hot_doggin_jon, @simonbs, @fromedome, @jasoneccles, @stroughtonsmith, @rsgnl, @jamesthomson, @eshumarneedi, @thomasfuchs, @tariqkrim, @benedictevans, @mr_james_c, @alexeheath, @apollozac, @fahim_al_mahmud, @marcoarment, @gruber, @stalman, @simonbs, @gartenberg, @bzamayo, @cabel, @krausefx, @parkerortolani, @rsgnl, @keleftheriou, @jesslynnrose, @pdparticle, @johnbalestrieri, @drbarnard, @drbarnard, @antumbral, @eslivka, @uzmabarlaskar, @viticci, @pt, @raywongy, @radiantav, @reinholdkesler, @gergelyorosz, @marcoarment, @asallen, @gruber, and @sdw
| 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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CNBC, Financial Times, Bloomberg, CoinDesk, Blockworks, Alphabet Investor Relations on YouTube, Forbes, PYMNTS.com, Cointelegraph, 9to5Google, Android Headlines, Android Police, CNN, MBI Deep Dives, Search Engine Land, and Thurrott
Tweets: @patrikakis, @jenn_elias, @carnage4life, @cityofthetown, @levynews, @jenn_elias, @epro, @chrisjbakke, and @byjulialove
| Jon Swartz / MarketWatch: |
More:
CNBC, The Motley Fool, Mobile Dev Memo, and Silicon Valley Business …
Tweets: @jason_kint, @marketwatch, and @kantrowitz
| Todd Spangler / Variety: |
More:
AdExchanger, The Guardian, Seeking Alpha, Yahoo News, Adweek, Wall Street Journal, Associated Press, and CNBC
Tweets: @eric_seufert, @levynews, @munster_gene, and @eric_seufert
| 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, VICE, The Register, Gizmodo, New York Times, MediaNama, Digital Trends, Coinspeaker, Cointelegraph, Finbold, Benzinga, Forbes, The Information, and Search Engine Journal
Tweets: @sheila_dang, @wongmjane, @caseyjohnston, @carnage4life, @semaforben, @jacobsben, @mekosoff, @hpmacd, @chad_hurley, @laurenweinstein, @joshgnosis, @northmantrader, @fred_delicious, @blgtylr, @whet, @0xfoobar, @mikebutcher, @risenrabbit, @anne_theriault, @jaycuthrell, @katehalliwell, @dloesch, @emilygorcenski, @scalzi, @marshallk, @marvelle, @tomgara, @doubleeph, @mathewi, @amy_siskind, @matthewbennett, @bruce_arthur, @seyitaylor, @nevali, @pkafka, @carnage4life, @martinsfp, and @robpegoraro
| 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, Decrypt, and CoinDesk
Tweets: @carnage4life, @eliotwb, @cararlombardo, @dhm, @cavandy, @riddle245, @paleofuture, @mayazi, @mayazi, @somospostpc, @wublockchain, and @0xcrypton
| 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 …
More:
The Motley Fool, CNBC, Microsoft Investor Relations, Bloomberg, F5, Inc., Search Engine Roundtable, Transistori, Silicon Republic, CNN, BGR, Social Media Today, Twinfinite, GamingBolt, and Thurrott
Tweets: @microsoft, @fxshaw, @dinabass, @tomwarren, @fxshaw, @tomwarren, @rustybrick, @chriskeall, and @epro
| Frederic Lardinois / TechCrunch: |
More:
Thurrott. Tweets: @dvaughanci, @chriskeall, @rezendi, @cailen, @amasad, and @kate_guarente. Thanks:@colegarry2
| 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:
Thurrott, Deadline, Insider, Android Headlines, iMore, Silicon Republic, Music Ally, ExchangeWire.com, Mint Insights, MarketWatch, and Variety
Tweets: @richlightshed and @richlightshed
| Dawn Chmielewski / Reuters: |
More:
Spotify, Spotify, Variety, XDA Developers, Android Headlines, Coinspeaker, CNBC, and The Verge
| 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:
LinkedIn Official Blog, Silicon Republic, BGR India, and Adweek
Tweets: @byjulialove, @tonyajoriley, @claresduffy, @lamonicabuzz, @caseynewton, and @rachelmetz
| Reuters: |
SK Hynix warns memory chip demand faces an “unprecedented deterioration” and reports Q3 2022 operating profit fell 60% YoY to ~$1.16B amid soaring inflation — South Korea's SK Hynix Inc (000660.KS) warned on Wednesday of an “unprecedented deterioration” in memory chip demand …
More:
Tom's Hardware, Nikkei Asia, Protocol, Financial Times, Bloomberg, Wall Street Journal, Bloomberg, South China Morning Post, ZDNet, and Bloomberg
Tweets: @martijnrasser, @pstasiatech, and @chengtingfang
| Ben Brody / Protocol: |
Square's parent company Block sells access to customers' email addresses used to receive receipts, which privacy experts say falls short of best practices — When COVID-19 forced Compass Coffee to close down its Washington, D.C.-area shops, the roastery's owners turned to email to stay in touch with customers.
More:
Slashdot. Tweets: @shiraovide, @chernandburn, @protocol, @benbrodydc, @benbrodydc, @cobun, @eff, and @mar_to_go
| 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, The Guardian, SecurityWeek, Australian Financial Review, and The Register
| 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 eliminating about 3,000 jobs and that big buyers …
More:
Reuters, Barron's Online, CNBC, and Seagate
| Aaron Tilley / Wall Street Journal: |
A look at HoloLens' development, as Microsoft spurned an early lead in AR to cede ground to Meta and others; one executive blames a lack of money and people — Problems plagued development of its HoloLens augmented reality headset; ‘we had the opportunity to own this market’
Tweets: @joepwilliams31, @jeffhorwitz, @aatilley, and @ericbellmanwsj
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