Techmeme
October 1, 2021, 11:05 PM

Top News

Wall Street Journal:
Google scraps plans for its mobile-first banking service Plex; sources say the move follows April departure of a Google Pay exec who championed the project  —  Tech giant had partnered with Citigroup and other banks on ‘Plex’ accounts that would sync with Google Pay
Lawrence Abrams / BleepingComputer:
Coinbase says a threat actor stole cryptocurrency from 6,000 customers between March and May 20 using a vulnerability in its SMS multi-factor authentication  —  Crypto exchange Coinbase disclosed that a threat actor stole cryptocurrency from 6,000 customers after using a vulnerability to bypass …
Amanda Silberling / TechCrunch:
Senators grilled Facebook exec Antigone Davis at a hearing about Instagram's impact on teens and were frustrated by her reticence to answer questions directly  —  Last night, Facebook published two annotated slide decks in an attempt to contextualize the documents that the Wall Street Journal published …
New York Times:
Sources: emergency meetings continue inside Facebook amid WSJ expose, as some research staff decry Facebook's public response in group chats  —  The social network has been all hands on deck as it grapples with revelations that it knew the harmful effects its Instagram photo-sharing app was having on teenagers.
Chance Miller / 9to5Mac:
Apple rolls out iOS 15.0.1 and iPadOS 15.0.1, with bug fixes for multiple issues, including Unlock with Apple Watch on iPhone 13  —  One week after the release of the iPhone 13 and iOS 15, Apple is rolling out a bug fix update with some notable improvements. iOS 15..1 and iPadOS 15..1 …
Tom Warren / The Verge:
Microsoft details Office 2021 features and pricing ahead of Oct. 5 release: Office Home and Student will cost $150 and Office Home and Business will cost $250  —  Microsoft is launching Office 2021 on October 5th, and the company is finally detailing the features and pricing today.
Sean Lyngaas / CNN:
President Biden to convene a 30-country meeting this month to try to ramp up global efforts to address the ransomware threat  —  (CNN)The White House will convene a 30-country meeting this month to try to ramp up global efforts to address the threat of ransomware to economic and national security …
MacKenzie Sigalos / CNBC:
DeFi staking protocol Compound's founder threatens to doxx users to IRS if they don't return $90M worth of tokens mistakenly sent due to a bug  —  - About $90 million has mistakenly gone out to users of popular DeFi staking protocol Compound and the founder is begging users to voluntary return the tokens.
Joyce Lee / Reuters:
South Korean ISP sues Netflix over costs for traffic surge from hit shows, after a court said Netflix should “reasonably” pay ISPs for network usage  —  South Korean Internet service provider SK Broadband has sued Netflix (NFLX.O) to pay for costs from increased network traffic …
Mary Ann Azevedo / TechCrunch:
Vareto, which makes software to help companies with financial planning, raises $4.2M seed led by Menlo Ventures and $20M Series A led by GV  —  Vareto, a startup aiming to help companies conduct more forward-looking financial planning and analysis, is coming out of stealth today with $24 million in total funding.
Catalin Cimpanu / The Record:
Google announces a $1M sponsorship for Linux Foundation's Secure Open Source, a new pilot program to enhance the security of critical open source projects  —  Google has announced today a $1 million sponsorship for a new pilot program aimed at enhancing the security of critical open source software projects.
Wall Street Journal:
Sources: Biden administration is considering ways to impose bank-like regulation on stablecoin issuers, including prodding them to register as banks  —  Move would aim to address concerns that the digital currency could fuel financial panics  —  WASHINGTON—The Biden administration …
Steve Kovach / CNBC:
Amazon's new PC game New World is a hit, with hundreds of thousands on Steam playing it at any given time, representing a leap for Amazon's gaming ambitions  —  - Amazon released a new video game for PCs this week called “New World.”  — The game is already a smash hit …
The Markup:
A look at the $12B location data industry, including how collectors, aggregators, and marketplaces monetize user data  —  A huge but little-known industry has cropped up around monetizing people's movements  —  Companies that you likely have never heard of are hawking access to the location history on your mobile phone.

Sponsor Posts

Tribe AI:
Is AI just hype?  —  Find out how top enterprises use Tribe to get real business results.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Zoho:
All new Zoho Workerly 2024  —  Staffing businesses around the world face a unique set of challenges when it comes to managing their temporary workforce.  With a constantly shifting job market and changing staffing needs …
Comprehensive.io:
Browse salary data from 3,000 startups for free  —  Click for FREE, immediate access to real-time compensation benchmarking data.  Paid version helps HR automate comp reviews and communicate total compensation to employees.
The Kevin Rose Show:
Henry Shukman, Lessons from an Authentic Zen Master
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Thu. 03/28 - Claude 3 Opus Surpasses GPT-4 For The First Time
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:05 PM ET, October 1, 2021.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Ingrid Lunden / TechCrunch:

Earlier Picks

Matt Novak / Gizmodo:
Amanda Silberling / TechCrunch:
Zoe Schiffer / The Verge:
Jordan Novet / CNBC:
Bethany Allen-Ebrahimian / Axios:
Aislinn Keely / The Block: