Techmeme
August 16, 2022, 6:10 PM

Top News

Kadhim Shubber / Financial Times:
Sources: ahead of a Fed meeting in January, Celsius CEO Alex Mashinsky personally directed individual trades, overruling executives, leading to large losses  —  In January, Celsius Network boss Alex Mashinsky gathered his investment team to tell them he would be taking control …
Dave Lee / Financial Times:
Filing: Amazon accuses the FTC of harassing its top executives, including Jeff Bezos and Andy Jassy, as part of its investigation into Prime membership  —  Ecommerce group hits out at US regulator's tactics in probe into Prime membership scheme  —  Amazon has accused the US Federal Trade Commission …
Sara Fischer / Axios:
Oracle begins “regular vetting and validation” of TikTok's algorithms and content moderation models to ensure they aren't manipulated by Chinese authorities  —  Oracle has begun vetting TikTok's algorithms and content moderation models to ensure they aren't manipulated by Chinese authorities, Axios has learned.
Carly Page / TechCrunch:
Signal says attackers accessed the phone numbers and SMS verification codes for around 1,900 users as part of the recent Twilio breach  —  End-to-end encrypted messaging app Signal says attackers accessed the phone numbers and SMS verification codes for almost 2,000 users as part of the breach at communications giant Twilio last week.
Mark Gurman / Bloomberg:
Sources: Apple has laid off about 100 recruiter contractors in the past week, a rare move as part of a push to rein in hiring and spending  —  Apple Inc. laid off many of its contract-based recruiters in the past week, part of a push to rein in the tech giant's hiring and spending, according to people with knowledge of the matter.
Ian King / Bloomberg:
Experts say the chip market is facing an “inventory correction”, which could be the worst downturn in a decade, as the global economy weakens and demand fades  —  Even in an industry famous for its roller-coaster cycles, chipmakers are bracing for a particularly severe shift in coming months …
Kathrin Hille / Financial Times:
Eric Jardine / Chainalysis:
Analysis: in 2022 through July, crypto transaction volumes are lagging behind 2021; illicit volumes are down 15% YoY and legitimate volumes are down 36% YoY  —  2022 has been a tumultuous year for cryptocurrency markets, with significant price declines across all currencies in May and June.
Tracy Wang / CoinDesk:
Jump Crypto plans to build a new Solana validator client using C++, called Firedancer, in a bid to improve the network's frequent outages and slowdowns  —  The crypto trading firm and builder is reupping its commitment after the once-hot blockchain hit potholes.
Nathan Grayson / Washington Post:
After four high-profile Twitch streamers were “swatted” in a week, Twitch says it is working to mitigate swatting but notes issues around sharing personal data  —  Last Tuesday, Clara “Keffals” Sorrenti, a trans Twitch streamer whose combative style has endeared her to legions …
Kate O'Keeffe / Wall Street Journal:
Analysis: of the US exports to China that required a license in 2020, the Commerce Department approved 94%, or 2,652, applications for tech exports  —  Critics say the Commerce Department-led export-controls process needs an urgent overhaul, while others say the U.S. needs allies on board first
Joe Flint / Wall Street Journal:
Nielsen strikes a deal with Amazon to measure Thursday Night Football, the first time a streaming service will be included in Nielsen's weekly TV viewing report  —  Three-year deal marks first time ratings firm will include viewership of a streaming service's programming in traditional TV report

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics  —  Equals AI turns questions about your business into auditable spreadsheet models and dashboards.  Build once, iterate for years.
Zoho:
Run payroll in batches using Pay Groups, now with Zoho Payroll  —  Learn how Pay Groups in Zoho Payroll lets you process, approve, and run multiple pay runs independently for different employee groups within the same pay period.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Access:
This AI will push back if you're rude to it
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Big Technology Podcast:
AI Pioneer Jürgen Schmidhuber: AI Already Feels Pain, Loves, and Is Self-Aware
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Inside Podcasting's Fight Over Netflix, YouTube, and Creator Control
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Uncapped with Jack Altman:
Sam Blond from Monaco
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Training Data:
Anthropic's Katelyn Lesse & Angela Jiang: Building an Ecosystem, not a Walled Garden
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:10 PM ET, August 16, 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.

More News

Devon Zuegel / Freethink:
Daniela Wei / Bloomberg:

Earlier Picks

Reuters:
Sarah Krouse / Wall Street Journal:
John D. McKinnon / Wall Street Journal:
Mark Gurman / Bloomberg:
Emma Roth / The Verge:
Todd Spangler / Variety:
New York Times: