| Bloomberg: |
Adobe plans to acquire UI design and prototyping tool Figma for around $20B in cash and stock; Figma CEO Dylan Field will continue in the role; ADBE drops 12%+ — Adobe Inc. agreed to buy software design startup Figma Inc. in a deal valued at about $20 billion to help it expand tools for creative 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.| Taylor Hatmaker / TechCrunch: |
In a US Senate committee hearing, Meta, YouTube, TikTok, and Twitter executives defended their platforms and dodged security, privacy, and moderation questions — Executives from four of the biggest social media companies testified before the Senate Homeland Security Committee Wednesday … | 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 … | Amanda Silberling / TechCrunch: |
TikTok rolls out Now, a BeReal-like feed, 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.| Victoria Song / The Verge: |
Apple Watch Series 8 review: watchOS 9, crash detection, and temperature sensors are excellent, but needs daily charging and the update is fairly incremental — ... don't upgrade … The concept, made famous by Toyota, means continuous improvement.| Charles Hutzler / Wall Street Journal: |
President Biden issues an EO directing the CFIUS to increase scrutiny of deals that could give China and others access to critical tech and personal data — A new executive order directs the panel screening foreign investment, Cfius, to look at deals in areas U.S. officials say are of interest to China| Financial Times: |
Sources: alongside the UK's CMA, the EU is expected to launch an in-depth investigation into Microsoft's $75B Activision bid due to size and competition fears — Regulators in Brussels expected to follow CMA with plans for prolonged competition investigation| Alex Battaglia / Eurogamer.net: |
A review of Intel's pre-release AI upscaling tech XeSS, used in its new Arc A770 GPU, shows competitive results against Nvidia's slightly older DLSS — A strong start for a new, more open AI upscaler. — Face-off by Alex Battaglia Video Producer, Digital Foundry| Sarah Perez / TechCrunch: |
Google cancels seven out of 14 projects in its Area 120 incubator, including Qaya, which offered storefronts for creators, and shifts to only AI-first projects — Google CEO Sundar Pichai, speaking at the Code Conference last week, suggested the tech company needed to become 20% more efficient … | Adi Robertson / The Verge: |
Meta's Oversight Board says the company should be more careful with automated moderation and criticizes removing a cartoon depicting 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 post-pandemic shrinking US warehouse footprint: 21 facilities have closed, 21 are canceled, and 27 are 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.| Natasha Lomas / TechCrunch: |
EU lawmakers propose the Cyber Resilience Act, a new set of rules for IoT and smart device makers to bolster cybersecurity or face fines — European Union lawmakers have proposed a new set of product rules to apply to smart devices that's intended to compel makers of Internet-connected hardware … | Mariella Moon / Engadget: |
Snap makes Snapchat for Web available to all users globally, including support for 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.| Melissa Repko / CNBC: |
Walmart launches a virtual try-on tool to let shoppers see how a shirt, dress, or another clothing item would look on their own bodies without visiting a store — - Walmart is launching a virtual try-on tool to help shoppers see how a shirt, dress or another clothing item would look on their own body.| Patrick Kennedy / ServeTheHome: |
Arm unveils Neoverse V2, its next-gen core for pushing cloud, hyperscale, and HPC performance workloads, which is set to power Nvidia's upcoming Grace CPU — Today Arm announced its next-generation cores for higher performance per core applications. Dubbed the Arm Neoverse V2 or “Demeter” … | Stephanie Murray / The Block: |
Coinbase updates its app to let US users see a scorecard that evaluates members of Congress on crypto policy issues, register to vote, and find political events — - Coinbase is getting political: The exchange added new app features to help users evaluate lawmakers, register to vote and find political events.| Spencer Soper / Bloomberg: |
Amazon announces a Tailored Audiences tool, coming to all US sellers in early 2023, which will let brands and merchants send marketing emails to shoppers — Amazon.com Inc. will let brands and merchants send marketing emails to shoppers, a risky bid to boost sales that could inundate inboxes with spam.| Joyce Lee / Reuters: |
Samsung Electronics pledges to invest $5B+ into R&D for tech that achieves net zero emissions in its devices business by 2030 and across the company by 2050 — Samsung Electronics (005930.KS) will invest over 7 trillion won ($5.02 billion) by 2030 as part of sweeping environmental initiatives aimed … | Hannah Lang / Reuters: |
The US Consumer Financial Protection Bureau plans to start regulating BNPL companies, such as Klarna and Affirm, and will release guidance in the future — The U.S. Consumer Financial Protection Bureau (CFPB) plans to start regulating “buy-now, pay-later” (BNPL) companies like Klarna and Affirm Holdings … | Wall Street Journal: |
Memo: Netflix told ad buyers the company expects its ad-supported tier to reach 4.4M unique viewers globally in 2022, and ~40M by Q3 2023, with 13.3M in the US — Streaming giant shared projections for ‘unique viewers’ across a dozen launch markets with ad buyers
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