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August 25, 2022, 2:25 PM
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Top News

Tom Warren / The Verge:
Sony raises the PS5's price in the UK, Europe, Japan, China, Australia, Mexico, and Canada by as much as 10%, citing rising inflation; the US price is unchanged  —  It blames global economic challenges for the change  —  Sony is increasing its PS5 prices in the UK, Europe, Japan, China, Australia, Mexico, and Canada.
Washington Post:
At a hearing seeking more data on bots from Twitter, Elon Musk's lawyers cite whistleblower Peiter Zatko's claims; Twitter says spam counts are merely estimates  —  The hearing concerned the ability of Musk's team to demand information about Twitter's internal practices and data
CNN:
At an all-hands, Twitter's executives pushed back against Peiter Zatko's complaint, with CEO Parag Agrawal saying a “false narrative” has been created
Natasha Lomas / TechCrunch:
Ireland's DPC and France's CNIL are investigating Peiter Zatko's allegations about Twitter, following his complaint that referenced EU regulators
Cat Zakrzewski / Washington Post:
Peiter Zatko will testify before the Senate Judiciary Committee on September 13 to examine his allegations of widespread security failures at Twitter
Todd Bishop / GeekWire:
Internal memo: Amazon will stop offering Amazon Care at the end of 2022, after determining that it wasn't “the right long-term solution” for enterprise clients  —  Amazon will stop offering its Amazon Care primary health-care services at the end of this year, according to an internal memo …
Steven Zeitchik / Washington Post:
Despite huge ad campaigns by crypto companies, a Pew survey of US adults shows those trading crypto has stayed flat at 16% from September 2021 to July 2022  —  The majority of Americans remain immune to the industry's sales pitches, Pew survey finds  —  Over the past year, crypto companies like FTX …
Amrith Ramkumar / Wall Street Journal:
Atlanta-based Bitcoin Depot, which operates over 7,000 bitcoin ATMs across North America, plans to go public via SPAC at a ~$885M valuation  —  Investor appetite for bitcoin ATMs to be tested as the cryptocurrency and SPAC markets slump  —  Here's Why Crypto Might Not Be Dead  —  Created with sketchtool.
Jon Fingas / Engadget:
HP announces two PCs, the 13.5-inch Dragonfly Folio G3, starting at $2,379, and 34-inch All in One, starting at $2,119, alongside a webcam and 4K display  —  HP's work PCs typically focus more on performance than clever features, but you can't accuse it of playing it safe this time around.
Hannah Miller / Bloomberg:
FTX's Alameda Research co-CEO Sam Trabucco steps down, saying he has chosen “to prioritize other things”; co-CEO Caroline Ellison will run the trading affiliate  —  Alameda Research Co-Chief Executive Officer Sam Trabucco is stepping down, saying he's chosen “to prioritize other things” …
Carly Page / TechCrunch:
Group-IB researchers detail hacking group 0ktapus, responsible for the recent breaches at Twilio and 130+ organizations, gaining credentials of ~10K employees  —  The hackers that breached Twilio earlier this month also compromised over 130 organizations during their hacking spree that netted …
Bloomberg:
Microsoft's Phil Spencer says he's encouraged by progress toward Activision Blizzard deal approval and believes exclusive games made for one platform are fading  —  Microsoft Corp.'s Phil Spencer, chief executive officer of gaming, said he's encouraged by the progress made in discussions …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:25 PM ET, August 25, 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

New York Times:
Sources: Sony Pictures Entertainment and Apollo discussed a joint all-cash offer for Paramount, which is still in an exclusive negotiation window with Skydance

David Ingram / NBC News:
Hyundai says it is pausing ads on X, after one ad appeared next to antisemitic and pro-Nazi content; the ad appeared on a user profile that had 55K+ followers

Sara Fischer / Axios:
CalMatters, a nonprofit focused on CA politics and policy, acquires tech news nonprofit The Markup; CalMatters has ~$12.5M in funding and The Markup has $5M

More News

Taylor Lorenz / Washington Post:
A look at niche internet micro celebrities, or “nimcels”, who are known to a small but dedicated group and represent a growing faction of the attention economy
Issie Lapowsky / Protocol:
Pinterest confirms it is facing a probe by California's Civil Rights Department, which has contacted Ifeoma Ozoma and other former staff as possible witnesses

Earlier Picks

Kif Leswing / CNBC:
Nvidia reports Q2 revenue up 3% YoY to $6.7B vs. $8.1B est., gaming department revenue down 33% YoY to $2.04B, and Q3 revenue guidance of $5.9B, vs. $6.95B est.
Kharishar Kahfi / The Block:
The Ethereum Foundation says it will begin the Merge on September 6, split into two parts, the second running between September 10-20
Stanford Internet Observatory:
Researchers detail a pro-US, five-year influence operation on Twitter, Facebook, Instagram, and other platforms in the Middle East and Central Asia
Adrienne So / Wired:
Fitbit announces the entry-level $100 Inspire 3, with claimed 10-day battery life, alongside the $230 Versa 4 and $300 Sense 2; none run Google's Wear OS 3
Mariella Moon / Engadget:
Plex tells users to reset passwords immediately after a hacker accessed some data, including emails, usernames, and encrypted passwords
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