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September 15, 2022, 8:30 PM
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memeorandum
WeSmirchTop News
| Bloomberg: |
Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8% — Adobe Inc. agreed to buy software design startup Figma Inc. in a deal valued at about $20 billion in a bid to expand its suite of creative tools for professionals.
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Adobe Press Releases, Figma, Wall Street Journal, The Verge, Protocol, The Information, TechCrunch, Greylock, ZDNet, San Francisco Business Journal, CRN, SecurityWeek, PYMNTS.com, SiliconANGLE, PCMag, CNBC, iTnews, Daring Fireball, Index Ventures, Forrester, Science Business Today, Engadget, Tomasz Tunguz, Pixel Envy, MSPoweruser, Michael Tsai, The Information, Variety, DEVCLASS, Thurrott, and Forbes
Tweets: @zoink, @kateconger, @litcapital, @joshm, @rolfewinkler, @tomwarren, @gergelyorosz, @timsweeneyepic, @kwharrison13, @peteskomoroch, @reidhoffman, @adobe, @johnolilly, @katie_roof, @greylockvc, @juanbuis, @hyumankind, @siderro, @balajis, @notdetails, @leyeconnect, @semil, @mdudas, @noupside, @sarthakgh, @jaminball, @levie, @ncresq, @benedictevans, @reichenstein, @zoink, @ampressman, @hunterwalk, @mrdoob, @tanayj, @gergelyorosz, @jevon, @alurdesign, @jowyang, @scottbelsky, @joshuatopolsky, @mordorinc, @charliprangley, @kenwattana, @kenneynl, @rga, @ricmac, @kateclarktweets, @mrdoob, @om, @kateclarktweets, @gergelyorosz, @ulonnaya, @mamoonha, @villi, @chrismessina, @techau, @leeloowrites, @wongmjane, @arainert, @gavinsbaker, @gavinsbaker, @tomwarren, @ashleymayer, @mamoonha, @gk3, and @jenniferdaniel
| Mike Truppa / The Block: |
Ethereum activates its long-awaited Merge upgrade, in development since 2020, and transactions are now being processed under proof of stake — - The Merge upgrade is transitioning Ethereum from proof of work to proof of stake. — The Merge is one of the largest technological events in the industry to date.
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CoinDesk, CNN, Bloomberg, Bloomberg, Decrypt, CoinDesk, The Register, TechCrunch, Finextra, Neowin, Bitcoinist.com, Ars Technica, Engadget, Cointelegraph, CoinDesk, Bloomberg, New York Times, and Windows Central
Tweets: @vitalikbuterin, @koeppelmann, @vitalikbuterin, @cirrusnft, @beeple, @cz_binance, @vanityblocks, @vitalikbuterin, @krls, @petermccormack, @digieconomist, @el33th4xor, @cobie, @yugalabs, @0xtransition, @preston_vanloon, @gaberivera, @olimpiocrypto, @ryansadams, @lhm1, @evanluthra, @jomaoppa, @kanavkariya, @coinmamba, @ljxie, @rauljordaneth, @tobi, @crypto, @alex, @ayamiyagotchi, @kaiynne, @trustlessstate, @trustlessstate, @robustus, @hasufl, @ercwl, @davidgerard, @0xhustler, @econoar, @ercwl, @dimahledba, @altcoinpsycho, @punk6529, @steventdennis, @viktorbunin, @cennydd, @ryansadams, @buchmanster, @fintechfrank, @dappradar, @punk6529, @lopp, @ethereumjesus, @robustus, @0xfoobar, @dystopiabreaker, and @darrenlautf
| Wall Street Journal: |
Speaking hours after Ethereum's Merge update, SEC Chair Gary Gensler says cryptocurrencies that let holders stake coins may be subject to US securities laws — SEC chairman says system used by ether following software update could trigger securities laws — WASHINGTON—Ethereum's big software update … | Victoria Song / The Verge: |
Apple Watch Series 8 review: watchOS 9 is excellent, crash detection and temperature sensors are neat, but is not much of an upgrade and needs daily charging — ... don't upgrade … The concept, made famous by Toyota, means continuous improvement.
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CNET, TechCrunch, Gizmodo, AppleInsider, MacRumors, Engadget, TheStreet, Men's Health, Wall Street Journal, TechCrunch, 9to5Mac, YouTube, Engadget, Gizmodo Australia, MobileSyrup, Digital Trends, MacRumors, Pocket-lint, and CNBC
Tweets: @reckless, @lisaeadicicco, @nicnguyen, @vicmsong, @alicedkc, @jetscott, @nicnguyen, and @nicnguyen
| Amanda Silberling / TechCrunch: |
TikTok rolls out Now, a BeReal-like feature, to its app in the US, with daily prompts to capture a 10-second video or a photo using both front and back cameras — TikTok launched a new feature today that is basically just a copy of BeReal, the buzzy French social app that's been steadily gaining popularity.
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TikTok, XDA Developers, Tubefilter, NBC News, Input, Fast Company, KnowTechie, Gizmodo, Memeburn, Adweek, PetaPixel, Tech Xplore, Engadget, and The Verge
Tweets: @taylorlorenz, @tiktokcomms, @cityofthetown, @mattnavarra, @biblegirl222, @carnage4life, and @asilbwrites
| Casey Newton / Platformer: |
TikTok and ByteDance's links to China mean wrongdoing will be punished more harshly in the US than Meta and Twitter, no matter how “transparent” the company is — In new testimony to Congress, the company faces stern questions on China — Ever since TikTok became …
More:
CNN, Slashdot, Wall Street Journal, and Forbes
Tweets: @edborgato, @brendancarrfcc, @niubi, @gergelyorosz, @adam_k_levin, @therealjoshye, @adamkovac, and @hilaryr
| Taylor Hatmaker / TechCrunch: |
More:
US SCHSGA, Tech Policy Press, Slate, Bloomberg, The Record, and The Daily Dot
Tweets: @willoremus, @ttp_updates, @justinhendrix, @tiktokcomms, @oneunderscore__, @yaeleisenstat, and @oneunderscore__
| Kyle Wiggers / TechCrunch: |
Amazon unveils Customers Ask Alexa, which lets brands submit answers to common customer questions and link to their storefronts, rolling out in late 2022 — Amazon wants Alexa owners to buy more things. That's the clear impetus behind the new Alexa feature announced today …
More:
About Amazon, Engadget, Neowin, MobileSyrup, and CNN
| Drew Harwell / Washington Post: |
Senator Ron Wyden reveals the CBP told Congress it adds data from ~10K travelers' devices per year to a database, accessible by 2,700 officers without a warrant — Contacts, call logs, messages and photos from up to 10,000 travelers' phones are saved to a government database every year
More:
U.S. Senator Ron Wyden …, CyberScoop, ZDNet, PCMag, United States Senate, U.S. Customs …, and Gizmodo
| Natasha Singer / New York Times: |
California Governor Newsom signs into law an online safety bill that puts limits on the data companies collect on minors; the law goes into effect in July 2024 — The bill could require many social media sites, games and other online services used by children to install protections for minors.| Mariella Moon / Engadget: |
Snap makes Snapchat for Web available to all users globally, including chat, photos, and audio and video calls, releases iOS 16 lock screen widgets, and more — Snapchat's messaging and video chat features first made their way to browsers back in July, but only in select markets and for Snapchat+ subscribers.
More:
Snap Newsroom, TechCrunch, MacRumors, Android Headlines, TechCrunch, Neowin, iThinkDifferent, TechCrunch, iMore, The Verge, and XDA Developers
Tweets: @samifathi_, @mattnavarra, @mattnavarra, and @tacolamp
| Financial Times: |
Sources: alongside the UK's CMA, the EU is expected to open an in-depth probe into Microsoft's $75B Activision bid due to its size and concerns from rivals — Regulators in Brussels expected to follow CMA with plans for prolonged competition investigation — Microsoft's $75bn acquisition …
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GamesIndustry.biz, Eurogamer.net, International Business Times, CNN, Dot Esports, IGN, TechCrunch, GameSpot, Fortune, and TrueAchievements
Tweets: @paultassi, @chris_dring, @riptari, and @tomwarren
| Ben Schoon / 9to5Google: |
Some YouTube viewers say the platform's ads expanded in length and quantity over the past month or two, with reports of five to 10 unskippable ads per break — The experience of watching YouTube has been infiltrated by ads over the years as a means of maintaining the platform and supporting creators financially.
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PCMag, Gizmodo, Gearrice, GIANT FREAKIN ROBOT, Lowyat.NET, Gizmochina, and Firstpost Tech. Tweets: @rakeshlobster
| Heather Somerville / Wall Street Journal: |
Research: Chinese investment in US VC funds hit ~$880M in 2022, the second-highest level in 12+ years; China-linked groups invested $4B+ into US VCs since 2010 — New report shows 2022 on pace to be one of the strongest years for investment despite tensions between the two countries| Charles Hutzler / Wall Street Journal: |
More:
The White House, South China Morning Post, PCMag, Associated Press, Nikkei Asia, InfoRiskToday.com, and New York Times. Tweets: @ericnewcomer
| Casey Newton / Platformer: |
Source: Meta Chief Product Officer Chris Cox directed the New Product Experimentation division to scale back and focus entirely on short-form video innovation — Facebook's New Product Experimentation division is scaling back its mission dramatically, Platformer has learned.
Tweets: @caseynewton, @quinnypig, @martinsfp, @darth, and @platformer
| Sarah Perez / TechCrunch: |
Google redesigns the Memories feature in Photos to spotlight more videos, adds a collage editor, and lets Android users share Memories with friends and family — As consumer social apps shift their focus to video for social expression and adopt more creative tools, like those for collage-making … | Adi Robertson / The Verge: |
Meta's Oversight Board says the company should be more careful with automated moderation and criticizes it for removing a cartoon of police violence in Colombia — Meta's Oversight Board says the company should be more careful with automated moderation tools, criticizing it for removing a cartoon depicting police violence in Colombia.
More:
Oversight Board, Oversight Board, Mashable, and The Economic Times
| CNBC: |
Research details Amazon's shrinking US warehouse footprint following its pandemic expansion: 21 facilities closed, 21 canceled, and 27 delayed or on hold — - Amazon is closing, canceling or delaying warehouses across the U.S. after its pandemic expansion left it with too much space.| Sandali Handagama / CoinDesk: |
Chainalysis: emerging markets, led by Vietnam and the Philippines, drove global cryptocurrency adoption over the past year; China remained active despite a ban — The blockchain analytics firm's 2022 Global Crypto Adoption Index also shows China remains active despite a ban on crypto trading.
More:
Cointelegraph
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