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Web3 notes from a sci-fi writer and "enemy" of the tech: it shows new protocols are still possible, but is expensive, undemocratic, and impedes ephemerality (Robin Sloan/The Society of the Double Dagger) https://ift.tt/3CfCAg1

Robin Sloan / The Society of the Double Dagger : Web3 notes from a sci-fi writer and “enemy” of the tech: it shows new protocols are still possible, but is expensive, undemocratic, and impedes ephemerality   —  It's possible you have, in recent months, seen people writing with excitement (or curiosity, or consternation) about “Web3”.
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A look at the relationship between Frances Haugen and anti-tech lobbying group Reset, which has guided her EU tour (Politico) https://ift.tt/3caAS4Y

Politico : A look at the relationship between Frances Haugen and anti-tech lobbying group Reset, which has guided her EU tour   —  As soon as Frances Haugen landed in Europe, she was given the VIP treatment.  She met senior officials in Paris, Berlin and London.  She testified to lawmakers in Brussels.
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Alibaba's annual Singles Day event sees slowest ever sales growth of 8.5% YoY since it was launched in 2009, but customer spending still hit a record $84.5B (Katie Silver/BBC) https://ift.tt/3HgMoKE

Katie Silver / BBC : Alibaba's annual Singles Day event sees slowest ever sales growth of 8.5% YoY since it was launched in 2009, but customer spending still hit a record $84.5B   —  Chinese e-commerce giant Alibaba's Singles Day is known for being the world's biggest online shopping extravaganza.
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Instagram is testing paying $10,000+ in bonuses to select creators posting Reels, as part of a bonus program announced in July (Amanda Silberling/TechCrunch) https://ift.tt/2YD2yfM

Amanda Silberling / TechCrunch : Instagram is testing paying $10,000+ in bonuses to select creators posting Reels, as part of a bonus program announced in July   —  Instagram really wants you to post Reels — they'll even pay you up to $10,000 for one, if you're lucky.  —  As TikTok surpasses the 1 billion monthly active users mark …
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Under shareholder pressure, Toshiba says it will split into three companies, focusing on infrastructure, tech devices, and memory chips (Takashi Mochizuki/Bloomberg) https://ift.tt/3DdNIve

Takashi Mochizuki / Bloomberg : Under shareholder pressure, Toshiba says it will split into three companies, focusing on infrastructure, tech devices, and memory chips   —  - Plans 100 billion yen for shareholder returns over two years  — Company has endured years of scandals and controversy
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Foxconn beats estimates as Q3 net profit rose 20% YoY to $1.33B and warns its smartphone business revenue could slide more than 15% in Q4 (Reuters) https://ift.tt/30lHCL2

Reuters : Foxconn beats estimates as Q3 net profit rose 20% YoY to $1.33B and warns its smartphone business revenue could slide more than 15% in Q4   —  Taiwan's Foxconn (2317.TW), which assembles iPhones for Apple (AAPL.O), reported a better-than-expected third-quarter profit on Friday …
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Streamers are seeking out unscripted TV, including documentaries and reality TV, as a cheaper and popular alternative to the prestige shows they first produced (Lucas Shaw/Bloomberg) https://ift.tt/30piK5l

Lucas Shaw / Bloomberg : Streamers are seeking out unscripted TV, including documentaries and reality TV, as a cheaper and popular alternative to the prestige shows they first produced   —  Netflix has grown into the world's biggest buyer of unscripted programming.  Its competitors are following suit.
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