Les Pounder / Tom’s Hardware: Report: Raspberry Pi Trading hired investment banks Stifel and Liberum to advice on a London IPO planned for this spring, that would value Raspberry at ~$500M  —  The listing could see Raspberry Pi valued at $500m  —  According to a report in The Telegraph, Raspberry Pi Trading …

The Economic Times: Paytm reports Q2 revenue of $144.8M, up 64% YoY, and a net loss of $63M, up 8%+ YoY, in its first post-IPO earnings report  —  Bengaluru: Payments firm Paytm, in its first quarterly earnings as a public company, reported a nearly 64% jump in its consolidated revenue from operations …

Cade Metz / New York Times: Jay Last, a pioneer who founded Fairchild Semiconductor, which laid the technical, financial, and cultural foundation for Silicon Valley, dies at 92  —  He and seven others left the Shockley Semiconductor Laboratory to create their own silicon company, Fairchild Semiconductor …

Kyle Bradshaw / 9to5Google: Google is rolling out a Messages update that shows iMessage reactions as Emojis  —  The latest update to Google Messages prepares for a new way to handle the annoying iMessage reaction messages often seen in mixed group chats.  —  Update: This feature has already begun rolling out for some, allowing us to see it in action.

Rob Pegoraro / PCMag: Pew: 42% of US users read Twitter primarily for entertainment, 20% for news; one-third of users visit Twitter less than once a week, 66% visit at least weekly  —  More tweeps read Twitter primarily for entertainment, but among the 69% who report getting news on Twitter …

Rest of World: Journalists and analysts talk of muted reactions to the Facebook Papers over Meta’s failure to stop hate speech and misinformation in the Global South  —  “Very little of what I have read about the papers comes as a surprise.”  —  When news emerged about a leaked trove of documents …

Kevin Roose / New York Times: The NFT.NYC conference, now in its third year, was a coming-out party for the NFT community, attracting a record 5,000 attendees from artists to corporate suits  —  NFT.NYC, a gathering for nonfungible token enthusiasts, offered a taste of a crypto-filled future.

Paul Alcorn / Tom’s Hardware: Interview with Intel CEO Pat Gelsinger and CTO Greg Lavender on the IBM partnership, how new transistor architectures could help outpace Moore’s Law, and more  —  We had a chance to sit down with Intel CEO Pat Gelsinger for a roundtable Q and A session shortly after his opening keynote at the company’s InnovatiON event.

Sam Shead / CNBC: PitchBook: the number of European VC deals with US investor participation rose from 359 deals totaling €2.7B in 2011 to 1,434 deals worth €50.8B so far in 2021  —  – Veteran investor Alex Ferrara, a partner at Bessemer Venture Partners, which backed companies like LinkedIn and Pinterest …

New York Times: Internal docs detail Facebook’s struggles with violence-inciting content in India, including failure to designate some politically-connected groups as dangerous  —  Internal documents show a struggle with misinformation, hate speech and celebrations of violence in the country, the company’s biggest market.

Steve Kovach / CNBC: A 2019 email confirms Google asked Roku for preferential treatment for YouTube in Roku’s search results, despite Google’s claims to the contrary  —  – Google said Thursday it would remove YouTube apps from the Roku app store on Dec. 9 as the two sides fight over a new agreement.

Cynthia O’Murchu / Financial Times: Nine UK schools to start taking payments for lunches by scanning students’ faces, claiming that the system speeds up queues and is more COVID-safe  —  Advocates say they speed up queues, but privacy campaigners query whether they are necessary  —  Facial recognition computers have found …

Mark Gurman / Bloomberg: A Mac developer says new MacBook Pro chips named M1 Pro and M1 Max appeared in app logs; sources: MacBook Pros will regain MagSafe but may lose the Touch Bar  —  This is the free version of Power On.  If you like it, consider subscribing to Bloomberg.com—you’ll receive this newsletter several hours earlier …

Mitchell Clark / The Verge: Valve quietly updates Steam’s rules to ban games “built on blockchain technology that issue or allow exchange of cryptocurrencies or NFTs”  —  Your move, Epic Games Store  —  Games that use blockchain technology or let users exchange NFTs or cryptocurrencies won’t be allowed on Steam …

Dina Bass / Bloomberg: Microsoft agrees to commission an independent human rights review of its law enforcement and government contracts, in response to a shareholder proposal  —  After shareholder proposal, Microsoft to commission independent report on company’s contracts.  —  Microsoft Corp. …

Cecilia Kang / New York Times: It took decades to bring meaningful government regulation for Big Tobacco and experts say it could take an equally long time to regulate Big Tech  —  If what faces Big Tech is anything like what happened to Big Tobacco, the road ahead is likely to be a yearslong battle over proposed rules and regulations.

Paul Sawers / VentureBeat: ArangoDB, the company behind open source NoSQL graph database system ArangoDB, raises $27.8M Series B led by Iris Capital  —  The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility.  Register now!  —  Let the OSS Enterprise newsletter guide your open source journey!

Wall Street Journal: A look at the opposition by South African indigenous groups to Amazon’s planned $350M Cape Town HQ, which some say is being built on sacred land  —  Retail giant’s plans for regional base in Cape Town is part of project igniting protest from local groups who say site is sacred

Leah Nylen / Politico: Shareholders allege Facebook conditioned its $5B Cambridge Analytica settlement on the FTC dropping plans to sue and depose Zuckerberg  —  The company allegedly agreed to overpay on the original $106 million penalty so its CEO and COO could avoid deposition and personal liability.

Wall Street Journal: Sources: the SEC has launched an investigation into Activision Blizzard, including how it handled employees’ allegations of sexual misconduct and discrimination  —  Agency has issued subpoena to videogame company and several executives including CEO Bobby Kotick