Techmeme
August 15, 2022, 9:25 AM

Top News

Mark Gurman / Bloomberg:
Sources: Apple ads team lead Todd Teresi now reports directly to Eddy Cue and wants to increase the group's ad revenues from $4B per year to double digits  —  Apple is set to expand ads to new areas of your iPhone and iPad in search of its next big revenue driver.
Tiffany Hsu / New York Times:
Ahead of the US midterms, a look at TikTok's ongoing struggles to contain misinformation during elections, such as in Australia, France, and Kenya this year  —  The fast-growing platform's poor track record during recent voting abroad does not bode well for elections in the U.S., researchers said.
David McCabe / New York Times:
A look at the growing bipartisan scrutiny of TikTok in the US; email: House officials told staff they did not recommend using the app, citing security concerns  —  National security concerns over the Chinese-owned viral video app remain unresolved.  Lawmakers and regulators are increasingly pushing for action.
New York Times:
a16z invests in Adam Neumann's residential real estate management startup Flow, sources say ~$350M at a $1B+ valuation, the firm's largest-ever individual check  —  WeWork's founder is back with a billion-dollar venture.  —  WeWork's founder is going residential
Lily Hay Newman / Wired:
A “jailbreak” for John Deere tractors, helping farmers modify and repair them, highlights issues with securing farm equipment and the right-to-repair debate  —  A hacker has formulated an exploit that provides root access to two popular models of the company's farm equipment.
Bobby Kent / GameLuster:
Court docs in Brazil show Microsoft sold approximately 58.5M Xbox One units in total, or half of the PS4's 117.2M sales; Microsoft has long hidden sales figures  —  A high-profile case is ongoing in Brazil, as Microsoft attempts to defend its Activision Blizzard acquisition from CADE, the Brazilian competition authority.
Paresh Dave / Reuters:
Around two years ago, Apple updated its employee conduct policy to prohibit discrimination on the basis of caste, making it a leader on the issue alongside IBM  —  America's tech giants are taking a modern-day crash course in India's ancient caste system, with Apple (AAPL.O) …
Christine Hall / TechCrunch:
Gorgias, which offers AI-powered customer service tools for e-commerce, raised a $30M Series C at a $710M valuation led by Transpose Platform and Shopify  —  Gorgias, developing customer service tools for e-commerce companies, raised $30 million in new Series C capital in a round that boosted its valuation to $710 million.
Bloomberg:
Analysis: Google Maps in the US regularly misleads people looking for abortion providers, instead pointing them towards non-medical crisis pregnancy centers  —  Chey was a 19-year-old college sophomore living near Orlando, Florida, when she discovered she was pregnant and decided to have an abortion.
Todd Spangler / Variety:
Snap says its Snapchat+ subscription, launched in June, now has 1M+ users globally and adds features, including priority Story replies to celebs  —  It's not going to make much of a dent to offset Snap's stalling ad business, but the company is touting that it has signed up more than 1 million subscribers …

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More News

Jen Wieczner / New York Magazine:
Andrew Hill / Financial Times:
Wall Street Journal:
Kyle Wiggers / TechCrunch:

Earlier Picks

Cissy Zhou / Nikkei Asia:
Emma Roth / The Verge:
Chris Metinko / Crunchbase News: