Wall Street Journal: Internal documents: Facebook's AI has minimal success enforcing its rules against problematic content, including removing just an estimated 3%-5% of hate speech — AI has only minimal success in removing hate speech, violent images and other chronic problems from the platform, according to internal company reports
Sami Fathi / MacRumors: Gurman: a Mac developer says new MacBook Pro chips named M1 Pro and M1 Max appeared in app logs; MagSafe charging will return to MacBook Pros — A little more than 24 hours until Apple's much-awaited launch of redesigned 14-inch and 16-inch MacBook Pros, new evidence has emerged suggesting …
Connie Guglielmo / CNET: Interview with Michael Dell on his new book Play Nice but Win, battling Carl Icahn before taking Dell private in 2013, his friendship with Steve Jobs, and more — From starting a PC business in his college dorm room to fighting over control of his company, Dell's new memoir dives into entrepreneurship.
Tripp Mickle / Wall Street Journal: A look at YouTube's in-house creator partnerships team, which has over 1,000 employees across 45 countries offering advice and guidance to about 12,000 creators — The site has spent more than a decade building an in-house agency for digital superstars, drawing ad sales, sponsorships and other revenue
Lucas Shaw / Bloomberg: Internal document: Netflix estimates Squid Game will create almost $900M in value for the company; 87M viewers finished the series in the first 23 days — More than 130 million people have watched the Korean show — Netflix estimates that its latest megahit, “Squid Game,” …
Patrick McGee / Financial Times: Analysis: Apple Search Ads now account for 58% of iOS app installs from an ad click, up from 17% a year ago; Apple to earn $5B from its ads business in FY 2021 — iPhone maker's share of mobile app advertising market has tripled in six months — Apple's advertising business has more than tripled …
Eliot Brown / Wall Street Journal: Analysis: median CEO pay of US tech startups that went public in 2020 was $21.9M; seven of the 10 best-paid CEOs of US public companies were from such startups — Startup creators once tended to take little or no remuneration as CEOs. Now, some are getting giant stock awards …
FinSMEs: Convex, which provides software for the commercial services industry, raises a $39M Series B, bringing its total raised to $60M — Convex, a San Francisco, CA-based software platform focused on digitizing the commercial services industry, raised $39m in Series B financing.
Julie Jargon / Wall Street Journal: Some doctors in the US and other countries say TikTok videos about Tourette syndrome may be contributing to a rise in cases of teen girls with physical tics — When teens started turning up in doctors' offices with sudden, severe physical tics, specialists suspected social media …
Kyle Chayka / New Yorker: A look at Raya, a secretive subscription-based social network with a rigorous user selection process and a rigid code of silence for accepted members — The app has created a space free of the problems that plague the rest of the Web, but only by leaving almost everybody out.
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