| 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.| 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.| 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.| 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.| 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 … | Taylor Hatmaker / TechCrunch: |
| 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 … | 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| 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.| 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 … | 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.| 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: |
| 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.| 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.| 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.
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