Holidays Loom, After Tech Earnings Highlight Supply Shortages

Your daily head start in the business of tech + filtered + focused

The most important thing in tech today is …

looking ahead to 2021’s most important sales days later this month, after tech earnings reports illuminated supply chain challenges.

We learned recently from Adobe’s 2021 digital commerce predictions that the usual major shopping days — Thanksgiving, Black Friday, Cyber Monday — are losing their dominance as online shopping goes further mainstream. We also learned that even the best-prepared businesses with the best data from vertically integrated operations, names like Amazon and Apple, see supply shortages stifling sales.

In this environment, purveyors of enterprise software tools to analyze data and enhance decisiveness should continue to see strong demand, uncomplicated by supply constraints — because they’re delivering bits, not atoms.

Coming up today on CNBC’s TechCheck, 11 a.m. ET / 8 a.m. PT …

Jesse Powell, Kraken CEO

While you were sleeping …

An investigation by The Financial Times found that Snapchat, Facebook, Twitter, and YouTube lost around $9.85 billion in revenue following Apple’s changes to its privacy practices. Last year, Apple announced the App Tracking Transparency (ATT) policy that requires apps to ask permission to track users’ data. The policy went into effect in April, barring apps from tracking users if they opt out. The Verge

Roblox restored its services Sunday following a major outage that lasted for three days. Roblox, an online platform which lets users play and create games, began experiencing issues at around 7 p.m. ET on Thursday Oct. 28. CNBC

In the broader world …

There are signs of stagflation in China, as prices continue to rise while the latest manufacturing data show production slowing, economists say. CNBC

On the horizon …

I’m taking a little time off for the rest of the week. So it’ll be quiet here for the next few days.

I’m listening to …