Techmeme
August 17, 2022, 12:15 PM

Top News

Bloomberg:
Nick Clegg shares Meta's plans to help secure the US midterms, building on Meta's 2020 policies, like restricting new political ads one week prior to the vote  —  After years of revising and updating its election strategy, Meta Platforms Inc. is pulling out a familiar playbook for the US midterms …
Politico:
Sisi Jiang / Kotaku:
Former Nintendo female contract testers in the US describe years of sexual harassment, gender discrimination, and a lack of advancement opportunities for women  —  Female game testers at Nintendo had ‘frat house’ experiences within a gaming company known for its wholesome image
Nikkei Asia:
Sources: Apple is in talks with its suppliers to mass produce Apple Watch and MacBooks in Vietnam for the first time  —  Country benefits as tech giant looks to build more products outside of China  —  TAIPEI — Apple is in talks to make Apple Watches and MacBooks in Vietnam for the first time …
Alex Barker / Financial Times:
Ofcom: in the UK, those aged 15-24 spent 57 minutes/day on TikTok in 2021, compared to 53 minutes/day watching TV; those 65 or over spent six hours watching TV  —  Ofcom survey points to challenges for traditional broadcasters in keeping pace with digital and streaming trends
Emma Roth / The Verge:
WhatsApp launches a native app for Windows out of beta, usable without linking a phone; WhatsApp is currently working on a native macOS app  —  You no longer need to connect your phone  —  WhatsApp's new app on Windows no longer requires you to link your phone to send, receive, and sync messages.
Brayden Lindrea / Cointelegraph:
Report: Alphabet invested ~$1.5B in blockchain companies between September 2021 and June 2022, the most by any public company, followed by BlackRock with $1.17B  —  Other notable corporate investors include BlackRock, Morgan Stanley, Samsung, and Goldman Sachs, according to a report from Blockdata.
Will Knight / Wired:
Google says it is using its most powerful large language model PaLM to help robots from Alphabet X spinout Everyday Robots understand complex human commands  —  The machine learning technique that taught notorious text generator GPT-3 to write can also help robots make sense of spoken commands.
Richard Waters / Financial Times:
After booming demand during the pandemic and a rapid inventory build-up in 2022, Intel, Nvidia, SMIC, and TSMC face a sudden downturn, perplexing analysts  —  After dealing with booming demand and global shortages since the start of the pandemic, the semiconductor industry is facing a sudden downturn.
Sam Kim / Bloomberg:
Jessica Bursztynsky / Fast Company:
Airbnb introduces “anti-party technology” in the US and Canada to automatically block reservations at a high risk of leading to unauthorized parties  —  Airbnb is piloting new anti-party technology in the U.S. and Canada in its ongoing efforts to fend off users who are looking …
Adam Morgan McCarthy / The Block:
Genesis Trading CEO Michael Moro steps down after six years and the company will cut 20% of its staff, following huge losses from a loan to Three Arrows Capital  —  - Genesis Trading CEO Michael Moro is set to leave the firm after seven years; just over six were spent as CEO.
Justina Lee / Bloomberg:
Study: before 10%-25% of Coinbase listings since 2018, some traders on decentralized exchanges bought more of those tokens, hinting at insider trading  —  The US charge against a former Coinbase Global Inc. employee may not be the only instance of insider trading at the cryptocurrency exchange, according to a new study.
David Pan / Bloomberg:
Publicly-traded US bitcoin miners Core Scientific, Marathon Digital, and Riot Blockchain lost $862M, $192M, and $366M, respectively, in Q2 after impairments  —  The three-largest US publicly traded Bitcoin mining companies lost over $1 billion in the second quarter after taking a series …
Taylor Lorenz / Washington Post:
Timbaland and Swizz Beatz sue Triller, alleging the short-form video app owes them $28M+ after acquiring live-streaming music series Verzuz and missing payments  —  Triller bought music series Verzuz for an undisclosed sum in January 2021.  Now its creators say they're still owed money.

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Eric Jardine / Chainalysis:
Carly Page / TechCrunch:
Dave Lee / Financial Times: