Meta reports Q3 revenue up 23% YoY to $34.15B, net income up 164% YoY to $11.58B, and family daily active people up 7% YoY to 3.14B for September 2023
that's what the Ray Ban glasses are for Ryan Deffenbaugh / Investor's Business Daily : Meta Earnings Crushed Targets. Why Is The Stock Falling Anyway? Yuvraj Malik / Reuters : Facebook-parent Meta bea...
Pro-Russia hacking group Winter Vivern is targeting European governmental entities' Roundcube Webmail servers, triggering an attack when an email is viewed
ESET Research recommends updating Roundcube Webmail to the latest available version as soon as possible
Meta's Reality Labs reports Q3 revenue down 26% YoY to $210M, vs. $299.3M est., and operating loss up 2% YoY to $3.74B, vs. $3.9B est.
Quest 2 Sales Slump Rob Thubron / TechSpot : Meta's VR division lost $3.7 billion last quarter, bringing total losses to almost $40 billion since 2020 Tomislav Bezmalinovic / MIXED Reality News : Meta...
X rolls out audio and video calling to some users, with options to “select who you're comfortable using it with” or disable the feature altogether
Just call them or not. — It's finally happening: X (formerly known as Twitter) has begun rolling out yet another feature nobody asked for.
Researchers reveal an attack forcing iOS and macOS WebKit browsers to divulge secrets, like passwords and email content, of users who visit a malicious website
iLeakage is practical and requires minimal resources. A patch isn't (yet) available. — Researchers have devised an attack …
Mark Zuckerberg says Threads has hit “just under” 100M monthly users since Instagram released the app in early July
The rumors of Threads' early demise have been exaggerated. — Meta's competitor to Elon Musk's X has hit “just under” 100 million monthly users since …
The UK's controversial Online Safety Bill becomes law, imposing fines of up to £18M or 10% of global turnover; Ofcom now plans to publish a code of practice
The UK's Online Safety Bill, a wide-ranging piece of legislation that aims to make the country “the safest place in the world to be online” …
Internal Google documents detail plans to contain Apple's search ambitions after Spotlight's 2021 update; sources say Google paid Apple $18B for search in 2021
Google has worried for years that Apple would one day expand its internet search technology, and has been working on ways to prevent that from happening.
Samsung offers Galaxy smartphone and tablets running One UI 6 a Temporary Cloud Backup feature with unlimited storage for up to 30 days for free, matching Apple
Samsung is starting to roll out a “Temporary Cloud Backup” feature to Samsung Galaxy smartphones and tablets running on One UI 6, the company announced on Thursday.
Microsoft reorganizes its Xbox gaming and marketing leadership, promoting Matt Booty to president of game content and studios and Sarah Bond to Xbox president
Microsoft is reorganizing its Xbox gaming and marketing leadership, less than two weeks after acquiring Activision Blizzard.
X's tumultuous first year under Elon Musk: mobile DAUs down 16% from October 2022 to September 2023, app downloads drop after rebrand, and investor markdowns
The platform struggles to attract users and advertisers, third-party data suggest, while Musk has voiced optimism
Google begins rolling out new Maps features, including updating search to more easily find things nearby and expanding Immersive View for Routes to new cities
Google is adding a slew of new updates for Maps, including a few AI-powered features that are designed to make it easier for users to search …
Sources: Spotify plans major changes to its royalty model in Q1 2024, including a threshold of minimum annual streams before a track starts generating royalties
This is huge news - and it's been a long time coming. MBW has confirmed that Spotify is planning to make significant changes …
Leica releases the $9,480 M11-P camera, which watermarks photos with Content Credentials metadata, created by advocacy groups to fight misinformation
It automatically watermarks photos with Content Credentials metadata. — It's getting to the point these days that we can't even trust …
Valve releases SteamVR 2.0, including “most of the current features of Steam and Steam Deck”, Steam Chat, and Voice Chat, after a surprise beta September launch
Valve announced Wednesday that it has released SteamVR 2., launching the major update exactly a month …
UK PM Rishi Sunak announces plans to set up a UK-based AI Safety Institute and an AI research network modeled on the IPCC, ahead of the UK AI Summit in November
Uber starts offering rides in fully autonomous Waymo cars in Phoenix, Arizona; users can accept or reject the autonomous option, which includes a 24/7 helpline
- Uber users in Phoenix, Arizona, will be able to ride in a fully autonomous car, Uber announced Thursday.
Kioxia investor SK Hynix isn't agreeing to the Kioxia-Western Digital merger “at this time” due to “the overall impact on the value of the company's investment”
- Its opposition introduces more uncertainty to a landmark deal — Western Digital and Kioxia have talked for years about a combo
SK Hynix reports Q3 revenue down 17% YoY to ~$6.69B, vs. ~$6B est., and a ~$1.32B operating loss, vs. ~$1.25B est. and down from a ~$1.22B operating profit YoY
Bloomberg :
Sam Bankman Fried's lawyers say SBF plans to testify in his own trial when they start their case later this week, after damaging testimony from his inner circle
Apple raises the monthly US price of Apple TV+ from $6.99 to $9.99, News+ from $9.99 to $12.99, Arcade from $4.99 to $6.99, and Apple One from $16.95 to $19.95
JPMorgan's Global Head of Payments says the blockchain-based JPM Coin now handles $1B in transactions per day and the bank plans to continue widening its usage
- JPM Coin allows blockchain-based payments by wholesale clients — Token is a rare instance of live blockchain use by a big bank
Oxide Computer, which aims to provide on-premise cloud computers, raised a $44M Series A led by Eclipse
Oxide Computer Co., a San Francisco-based developer of on-premise cloud computers, has raised $44 million in Series A funding led by Eclipse. … - Oxide wants to provide the same …
Google expands its bug bounty program to add generative AI, which has unique security issues, like model manipulation and unfair bias, requiring new guidance
New guidance outlines what discoveries garner financial rewards. — With concerns around generative AI ever-present …
Although creators are an economic juggernaut in the US, the industry remains broadly unregulated and largely fails to appear in the Census Bureau's job index
Washington Post :
A leaked copy of the UK's final AI Safety Summit communiqué does not mention a new scientific body to study AI risks, preferring existing collaborations instead
Kids are attending virtual pro-Palestine protests on Roblox in the wake of the Israel-Hamas war; one virtual protest area has been visited 275K+ times
- Kids are attending virtual pro-Palestine protests on Roblox in the wake of the Israel-Hamas war, and so far, one virtual protest area has been visited more than 275,000 times. Mastodon: @carnage4lif...
Sources: Apple plans to release AirPods Max and two redesigned fourth-generation AirPods with USB-C in 2024, and AirPods Pro with new chip and design in 2025
or $550 of wired alternatives? GSMArena.com : Report: two new AirPods 4 are coming in 2024, new AirPods Pro in 2025 Kishalaya Kundu / TechSpot : Next-gen Apple AirPods expected to land in 2024 with im...
A look at Apple's double tap gesture, rolling out in watchOS 10.1, letting Series 9 and Ultra 2 users interact with their watch without using its touchscreen
Victoria Song / The Verge :
Xiaomi unveils the 6.3" Xiaomi 14 and 6.7" Xiaomi 14 Pro, offering the Snapdragon 8 Gen 3, 50MP main sensors, a Lecia lens on the Pro, and LTPO 120Hz panels
Qualcomm announced the Snapdragon 8 Gen 3 just this week as Android's next flagship chipset, and now Xiaomi is already announcing …
Telegram blocks two channels used by Hamas for Android users, blaming Google Play Store guidelines, after Pavel Durov resisted calls to shut down Hamas channels
Wes Davis / The Verge :
Sources: Biden is expected to sign an EO on October 30 requiring assessments of AI models before federal worker use, easing highly skilled immigration, and more
Washington Post :
IBM Q3: revenue up 5% YoY to $14.75B, vs. $14.73B est., a $1.7B net income, vs. a $3.2B net loss YoY, and software revenue up 8% YoY to $6.27B, vs. $6.27B est.
Toronto-based Arteria AI, which sells tools for financial document creation, raised a $30M Series B led by GGV Capital US, taking its total funding to $50M
Christine Hall / TechCrunch :
Analysis of 1,800 AI datasets: ~70% didn't state what license should be used or had been mislabeled with more permissive guidelines than their creators intended
Nitasha Tiku / Washington Post :
Amazon launches a generative AI tool in beta that lets advertisers create “lifestyle imagery” backgrounds or scenes around the products they are hoping to sell
Google rolls out “About this image”, a tool that provides background information and context about images in Google Search, to English-language users globally
Singapore-based YouTrip, which offers a multi-currency wallet and payments services, raised a $50M Series B led by Lightspeed, taking its total funding to $100M
Catherine Shu / TechCrunch :
TikTok announces TikTok in The Mix, its first live global music event, set for December 10 in Mesa, Arizona, with Cardi B, Niall Horan, Anitta, and Charlie Puth
Google adds foundation and hair dye options to its AR shopping tool for trying beauty products, and expands the tool to mobile browsers and Google Shopping ads
Jess Weatherbed / The Verge :
Franco-Italian chipmaker STMicro reports Q3 revenue up 2.5% to $4.43B, beating $4.38B est., net income down 0.8% YoY to $1.09B, and predicts demand rising in Q1
Benoit Berthelot / Bloomberg :
Hyundai plans to open five US “clinics” for anti-theft software upgrades for vehicles now regularly targeted by thieves using a technique popularized on TikTok
Associated Press :
Google plans to require that Android apps in the Play Store to let users report offensive AI-generated content without exiting the app, starting in early 2024
Sarah Perez / TechCrunch :
US Trade Representative Katherine Tai dropped longstanding US digital trade demands in WTO talks, in order to give Congress room to regulate Big Tech companies
David Lawder / Reuters : LinkedIn: Peter Matheson and Caitlin Fennessy LinkedIn: Peter Matheson : This is a very disappointing development. Freedom of data flows, and other safeguards regarding how ...
Magic Leap names Bain Capital tech executive Ross Rosenberg as CEO, starting on November 1, replacing Peggy Johnson, who joined from Microsoft in August 2020
Jessica Nix / Bloomberg : Bluesky: @marypcbuk.bsky.social Bluesky: Scary Mary Branscombe / @marypcbuk.bsky.social : Does that say IP fire sale to anyone else? [embedded post]
Sources, docs, and government tenders: China has increased spending on domestic tech to replace Western tech since late 2022, starting with computer equipment
Reuters : Forums: Beehaw Forums: Ijeff To / Beehaw : China rushes to swap Western tech with domestic options as U.S. cracks down
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