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Techmeme
May 19, 2022, 2:40 AM
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Top News

Dan Goodin / Ars Technica:
The CISA orders US federal civilian agencies to patch or remove VMware products affected by a critical RCE vulnerability that hackers are actively exploiting  —  Security flaws in VMware and F5's BIG-IP are being exploited by malicious hackers.  —  Malicious hackers, some believed to be state-backed …
Lauren Feiner / CNBC:
New York AG plans to investigate social media platforms “used to stream, promote, or plan” the Buffalo attack, including Twitch, Discord, 4chan, and 8chan  —  - New York Attorney General Letitia James will investigate social media companies in connection to the apparently racially motivated attack …
Annie Palmer / CNBC:
New York accuses Amazon of discriminating against pregnant workers and those with disabilities; the state seeks civil fines and an end to discriminatory conduct  —  - New York Gov. Kathy Hochul on Wednesday announced a state agency has filed a complaint against Amazon, alleging it discriminates …
Emma Roth / The Verge:
Report: Netflix had 3.6M cancellations in Q1 2022, up from ~2.5M for each past five quarters; 13% came from subscribers who had the service for over three years  —  Users subscribed to Netflix for more than three years represented 13 percent of total cancellations
Dean Takahashi / VentureBeat:
An interview with a16z's Jonathan Lai on Games Fund One, the VC firm's new $600M fund for games that will invest in studios, infrastructure, and technologies  —  Andreessen Horowitz has raised a $600 million fund to invest in games.  The storied venture capital firm is already a big investor in games …
Alex Heath / The Verge:
Meta freezes hiring of engineers for product teams including Facebook Gaming, Dating, and Commerce; Zuckerberg said internally Meta is not planning layoffs  —  Mark Zuckerberg has internally downplayed the possibility of layoffs  —  Meta is pulling back its investments in a number of products …
Aisha Malik / TechCrunch:
TikTok launches Branded Mission, a product that lets advertisers crowdsource content from creators with 1K+ followers and turn top-performing videos into ads  —  TikTok announced today that it's launching a new ad product called “Branded Mission” that will allow creators to connect with brands and possibly receive rewards for videos.
Manish Singh / TechCrunch:
India says cloud providers and VPN operators that don't comply with its cybersecurity rules, effective as of June 27, “will have to pull out” of the country  —  India is pushing ahead with its new cybersecurity rules that will require cloud service providers and VPN operators …
Mitchell Clark / The Verge:
Amazon refreshes its Fire 7 tablet with USB-C charging, better battery life, and a 30% faster processor, and raises the price from $50 to $60, coming June 29  —  And faster internals  —  Amazon is updating its small and inexpensive Fire 7 tablet for the first time in three years …
Todd Spangler / Variety:
Following years of complaints, TikTok announces its first crediting tools, letting creators link back to the videos of other creators and trend originators  —  TikTok is finally going to let users of the short-form app properly give credit where credit is due.
Richard Waters / Financial Times:
A look at the competition between China and the US to build exascale supercomputers, useful for defense and climate modeling, as China pulls ahead  —  World's biggest economies battle to dominate advanced processing power that will affect defence and climate modelling
Bloomberg:
Four Democratic senators ask the FTC to investigate whether ID.me illegally misled consumers and government agencies about its use of facial recognition tech  —  A group of Democratic senators has asked the Federal Trade Commission to investigate whether identity verification company ID …
Brian Stelter / CNN:
Twitter's board says “Mr. Musk agreed to a transaction at $54.20 per share” and that it intends to “close the transaction and enforce the merger agreement”  —  Who wants to own Twitter?  Maybe Elon Musk doesn't.  Sure, maybe he is causing chaos to extract a lower price …
Bloomberg:
Sources: despite Elon Musk's tweets, his team, Twitter, and banks are preparing the documents needed to close the purchase, including the 139-page SEC filing
Paula Seligson / Bloomberg:
Elon Musk's deal would raise Twitter's annual interest expense from $51M in 2021 to an estimated $750M-$1B, forcing it to find new revenue streams and cut costs
Monica Chin / The Verge:
Acer refreshes the Swift 3 laptop, starting at $900 with a 14" OLED display, 12th Gen Intel Core H-series CPUs, and claimed 10-hour battery life, coming in July  —  A new 14-inch OLED for $899.99  —  It wasn't too long ago that the phrase “OLED laptop” implied a luxury product.
Sam Rutherford / Engadget:
Acer unveils the 10.1" Chromebook Tab 510, starting at $400 in July, and the 14" Chromebook Spin 714 with a 12th Gen Intel Core i7, starting at $750 in August

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:40 AM ET, May 19, 2022.

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.

From Mediagazer

Todd Spangler / Variety:
Anime licensing platform AniBiz, launched in July by Crunchyroll founder Kun Gao, raised an initial $6M from TBS Group, Toei Animation, and TV Tokyo Holdings

Todd Spangler / Variety:
Memo: Skydance offers certain employees a voluntary buyout in a “one-time offer” and moves to a mandatory five-days-per-week in-office policy

Reuters:
An Egyptian court orders news site Mada Masr closed after its EIC Lina Attalah was convicted of running it without a license and taken into custody pending bail

More News

Mary Ann Azevedo / TechCrunch:
Cairo- and San Francisco-based Instabug, which helps developers monitor performance and fix bugs in their apps, raises a $46M Series B led by Insight Partners
Sarah Perez / TechCrunch:
YouTube rolls out player features to all users, including a graph to easily locate the “Most replayed” video parts, support for video chapters, and video loops
Cat Zakrzewski / Washington Post:
Texas asks SCOTUS to keep the state's social media law in effect; AG Ken Paxton argues that social media platforms should be regulated as common carriers
Joy Dong / New York Times:
China's internet censors are expanding the practice of displaying social media users' locations and IP addresses under posts, ostensibly to fight disinformation

Earlier Picks

Emily Nicolle / Bloomberg:
CoinGecko: after Tether briefly lost its dollar peg, leading to $8.5B+ in redemptions, Circle's USDC circulation rose by ~$3.4B and Binance USD gained $1.2B
Mary Jo Foley / ZDNet:
In response to rivals' complaints, Microsoft begins relaxing its cloud licensing rules in Europe, which made running its software on other clouds more expensive
Wall Street Journal:
Google's Russian subsidiary plans to file for bankruptcy, saying it cannot pay employees, suppliers, and vendors after authorities seized its local bank account
Tomio Geron / Protocol:
Plaid announces two Automated Clearing House transfer products, risk analysis and identify verification, putting the company in direct competition with Stripe
Financial Times:
Filing: Saudi Arabia's Public Investment Fund bought a 5% stake in Nintendo worth $2.98B; the PIF disclosed 5%+ stakes in Nexon and Capcom in February 2022
New York Times:
A profile of Do Kwon, the trash-talking founder of Terraform Labs, which raised $200M+ to build LUNA and UST; investors cashed out early, but traders lost big
Financial Times:
China's top economic official meets with dozens of tech execs and experts and pledges “support” for Chinese tech companies amid a deepening economic slump
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