Steve Dent / Engadget:
Meta details updates to the Facebook Feed to let users increase or decrease posts from friends, Groups, and Pages, helping improve Meta’s AI-based ranking — With profits shrinking of late, Facebook has been shutting down unpopular apps and focusing on its core services.
Kirsten Korosec / TechCrunch:
Sources: autonomous vehicle startup Argo AI, which raised billions in VC funding, is shutting down; top backers Ford and VW will absorb its parts and some staff — Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $1 billion investment, is shutting down …
Steve Dent / Engadget:
Snap adds new features to its $4/month Snapchat+ subscription app, including “Story Expiration” controls, custom notification sounds, and camera color borders — It’s also launching custom notifications sounds, camera borders and more on Snapchat+
Steve Dent / Engadget:
Sony reports Q2 gaming revenue rose 12% YoY to $4.92B and ships 3.3M PS5 units, flat YoY, bringing total sales to 25M; software sales fell to 62.5M units — In its latest earnings drop, Sony said it sold 3.3 million PlayStation 5s this quarter, matching exactly what it did last year …
Karissa Bell / Engadget:
Meta warns 1M Facebook users that their account info may have been stolen by 400+ apps, often via a “Login with Facebook” button, on App Store and Google Play — Meta is warning 1 million Facebook users that their account information may have been compromised by third-party apps from Apple or Google’s stores.
Igor Bonifacic / Engadget:
Twitter plans to shut down newsletter platform Revue on January 12, 2023 and delete all data, after acquiring the company in January 2021 — One day after Jack Dorsey took to Revue to share his thoughts on the Twitter Files, the company announced it would shut down the newsletter platform early next year.
Tom Warren / The Verge:
Microsoft reports Q1 Windows OEM revenue down 15% YoY, devices revenue up 2% YoY, Xbox hardware revenue up 13%, and Xbox content and services revenue down 3% — It’s a new financial year for Microsoft, and the Windows and Xbox maker has just posted the first quarter of its 2023 financial results today.
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