Tuesday, November 1, 2022

China releases its first VR plan, aiming for its domestic industry to ship over 25M devices by 2026; IDC says China shipped just over 500K VR devices in H1 2022 (Josh Ye/Reuters)

Josh Ye / Reuters:
China releases its first VR plan, aiming for its domestic industry to ship over 25M devices by 2026; IDC says China shipped just over 500K VR devices in H1 2022  —  China released its first action plan dedicated to virtual reality on Tuesday, with an aim its industry ship more than 25 million devices …



YouTube rolls out Primetime Channels in the US, with shows and movies from 35 partners, including Paramount+ and Epix, and plans to add NBA League Pass soon (David Pierce/The Verge)

David Pierce / The Verge:
YouTube rolls out Primetime Channels in the US, with shows and movies from 35 partners, including Paramount+ and Epix, and plans to add NBA League Pass soon  —  Streaming services are coming to YouTube.  The company is rolling out a new feature called Primetime Channels that will bring shows …



Uber reports Q3 revenue rose 72% YoY to $8.34B, beating $8.1B estimates, as gross bookings rose 26% YoY to $29.1B, including $13.7B from Uber Eats (Jackie Davalos/Bloomberg)

Jackie Davalos / Bloomberg:
Uber reports Q3 revenue rose 72% YoY to $8.34B, beating $8.1B estimates, as gross bookings rose 26% YoY to $29.1B, including $13.7B from Uber Eats  —  Uber Technologies Inc. reported revenue that beat analysts' expectations, fueled by a recovery in driver supply that supported increased ridership …



Elon Musk's plan to monetize Twitter verification would generate marginal revenue, even at $20/month, and create myriad problems, including enabling spammers (James Ball/New Statesman)

James Ball / New Statesman:
Elon Musk's plan to monetize Twitter verification would generate marginal revenue, even at $20/month, and create myriad problems, including enabling spammers  —  Elon Musk's latest brainwave risks alienating the users Twitter depends on and would expose it to lawsuits.



Gartner forecasts public cloud spending will grow 20.7% to $591.8B in 2023, including SaaS spending up 16.8% to $195.2B and PaaS spending up 23.2% to $136.4B (Maria Deutscher/SiliconANGLE)

Maria Deutscher / SiliconANGLE:
Gartner forecasts public cloud spending will grow 20.7% to $591.8B in 2023, including SaaS spending up 16.8% to $195.2B and PaaS spending up 23.2% to $136.4B  —  Worldwide spending on public cloud services will grow 20.7% in 2023, to $591.8 billion, according to a new Gartner Inc. forecast released today.



China Covid lockdown: Apple supplier Foxconn quadruples staff bonuses

Daily bonuses for employees, who are part of a Foxconn unit responsible for making electronics including smartphones at the site, have been raised to 400 yuan ($55) a day for November from 100 yuan, according to the official WeChat account of Foxconn's Zhengzhou plant. https://ift.tt/PIezWqT

Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid western sanctions after its Ukraine invasion (Financial Times)

Financial Times : Russian cryptocurrency payment network A7 expands to Africa, as Moscow builds an alternative payments system amid weste...