Techmeme
September 16, 2022, 7:50 AM

Top News

New York Times:
Uber is investigating a breach of its systems and has taken some of its internal communications and engineering systems offline; Uber stock is down 5%+  —  The company said on Thursday that it was looking into the scope of the apparent hack.  —  Uber's computer network was breached on Thursday …
Washington Post:
The Uber hacker, who reportedly claims to be 18 years old, says they had breached the company for fun and might leak its source code “in a few months”  —  The company said in a tweet it was “responding to a cybersecurity incident”  —  SAN FRANCISCO — Uber's computer systems …
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 …
Mike Truppa / The Block:
Bloomberg:
PitchBook: Figma deal is the largest exit for a VC-backed company in ~20 years; source: Index Ventures' ~12% stake makes it Figma's biggest outside shareholder  —  Danny Rimer first invested in Figma in 2012, shortly after the company was established and began developing software tools for designers.
Bryce Elder / Financial Times:
Bloomberg:
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.
Casey Newton / Platformer:
Source: Meta's Chris Cox directed the New Product Experimentation division to scale back; Meta says the division will focus on short-form video  —  Facebook's New Product Experimentation division is scaling back its mission dramatically, Platformer has learned.
The Information:
Memo to staff: Adam Mosseri says Instagram's creator surveys show the app lags behind TikTok and YouTube on the most important creator satisfaction dimensions  —  For the past couple of years, as Instagram has sought to better compete with TikTok, becoming more appealing to creators has been a top priority.
Dustin Volz / Wall Street Journal:
US DOJ forms the Digital Asset Coordinators Network with 150+ federal prosecutors across the country to target illegal activities involving digital currencies  —  New effort is part of trend toward putting more resources to target illegal activities involving digital currencies

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Featured Podcasts

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Channels with Peter Kafka:
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Google's AI Infrastructure Chief, Amin Vahdat, on the Physics & Economics of Frontier AI
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Invest Like the Best:
Andrew Huberman - The Frontier of Neurotechnology
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Sources:
Reflection's founders on building a DeepSeek of the West
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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Grit:
How Vercel Is Rethinking Go-to-Market With AI | COO Jeanne Grosser
Grit explores what it takes to create, build and scale world-class organizations.
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More News

Cat Zakrzewski / Washington Post:
Ben Schoon / 9to5Google:

Earlier Picks

Drew Harwell / Washington Post:
Amanda Silberling / TechCrunch:
Victoria Song / The Verge:
Melissa Repko / CNBC: