By John Gruber
Manage GRC Faster with Drata’s Agentic Trust Management Platform
Possible huge scoop from Alex Heath for The Verge:
Facebook is planning to change its company name next week to reflect its focus on building the metaverse, according to a source with direct knowledge of the matter.
The coming name change, which CEO Mark Zuckerberg plans to talk about at the company’s annual Connect conference on October 28th, but could unveil sooner, is meant to signal the tech giant’s ambition to be known for more than social media and all the ills that entail. The rebrand would likely position the blue Facebook app as one of many products under a parent company overseeing groups like Instagram, WhatsApp, Oculus, and more. A spokesperson for Facebook declined to comment for this story.
It took Philip Morris an entire century to get to its Altria rebranding moment. If this pans out, it took Facebook 17 years.
Loved this take on yesterday’s announcement from Jason Snell:
If Mac laptops come in eras, one just ended.
It started in 2016 with the release of MacBook Pro models featuring butterfly keyboards, the Touch Bar, and a minimal selection of USB-C ports. It ended on Monday with the announcement of new MacBook Pro models that roll back most of the major changes introduced in 2016, putting the MacBook Pro in a new state of grace that recalls the middle of the last decade.
Also, this tidbit on maximum charging speeds:
(Here’s a quirk of the new MacBook Pros. On the 14-inch models, the larger 96W USB-C power adapter is required for fast charging. You can fast charge either via MagSafe or via a standard USB-C cable attached to that adapter. However, on the 16-inch models — all of which come with a 140W adapter — you can only do ultra-fast charging via MagSafe. While there’s a new specification that allows for much higher power delivery levels over USB ports, the Thunderbolt 4/USB 3 ports on the MacBook Pro don’t support it. You can still charge via those ports, of course — just not at the ultra-fastest speed.)
“Lawmakers Give Amazon ‘Final Chance’ to Clear Up Testimony”, from the AP:
The letter says the antitrust subcommittee is considering referring the case to the Justice Department for criminal investigation. It accuses the world’s biggest online retailer of at least misleading Congress and possibly outright lying.
It cites recent media reports detailing Amazon’s alleged practice of undercutting the businesses that sell on its platform by making “knock-offs,” or very similar products, and boosting their presence on the site.
The reports directly contradict the sworn testimony of Amazon executives and other statements to Congress, the letter says. It was signed by Judiciary Committee Chairman Jerrold Nadler, D-N.Y., and the Democratic and Republican leaders of the antitrust panel.
One report that prompted this is this one last week from Reuters reporters Aditya Kalra and Steve Stecklow, regarding Amazon’s knock-off product strategy in India:
But thousands of pages of internal Amazon documents examined by Reuters — including emails, strategy papers and business plans — show the company ran a systematic campaign of creating knockoffs and manipulating search results to boost its own product lines in India, one of the company’s largest growth markets.
The documents reveal how Amazon’s private-brands team in India secretly exploited internal data from Amazon.in to copy products sold by other companies, and then offered them on its platform. The employees also stoked sales of Amazon private-brand products by rigging Amazon’s search results so that the company’s products would appear, as one 2016 strategy report for India put it, “in the first 2 or three … search results” when customers were shopping on Amazon.in.
There’s a good argument for Amazon on this front that store brands are as old as retail. That Sears did the same thing a century ago, and that Walmart does it now. And that of course retailers with house brands — including Amazon — look at sales data to choose what to make. But that’s not what Amazon — and Jeff Bezos in particular — have said under oath. Bezos left Jassy with a serious mess to clean up here.