Techmeme
October 11, 2022, 8:45 AM

Top News

Washington Post:
Under Texas' social media law, Kanye West's antisemitic posts on Twitter and Instagram would likely stay up, signaling a difficult future for social media  —  Taking down the rapper's bigoted posts was an easy call for Twitter and Instagram.  That could change if Elon Musk and some GOP leaders have their way.
Richard Lawler / The Verge:
CNN closes its “Vault by CNN” NFT project, launched in 2021 to “own a piece of history”, and plans to compensate purchasers with FLOW tokens or stablecoins  —  You may have already forgotten about it, but Vault by CNN launched in the summer of 2021 as a marketplace for its own NFTs …
Naoto Hosoda / Bloomberg:
Chip-related stocks in Japan, South Korea, and Taiwan slump after US curbs on China; on October 10, the PHLX index closed at a low not seen since November 2020  —  Chip-related stocks in Japan, South Korea and Taiwan slumped as traders returning from Monday's holidays reacted …
Joseph Pisani / Wall Street Journal:
Billionaire tech investor Yuri Milner renounced his Russian citizenship in August, after leaving Russia in 2014; Milner has been an Israeli citizen since 1999  —  His firm, DST Global, has invested in technology companies including Facebook, Twitter and Airbnb
Bloomberg:
Portugal's budget proposes taxing gains on crypto purchases held for less than a year at 28%, a major shift for one of Europe's most crypto-friendly countries  —  Portugal is planning to start taxing digital-currency gains on purchases held for less than a year in a major policy shift for one of Europe's most crypto-friendly nations.
Sarah Perez / TechCrunch:
YouTube announces “handles”, letting creators identify their channel using the @username format across channel pages, video descriptions, comments, and Shorts  —  YouTube is making it easier for creators to direct viewers to their channels.  The company today announced “handles …
Andy Stone / @andymstone:
Meta says documentation in The Wire's article alleging Instagram removed posts flagged by a BJP member in India without oversight “appears to be fabricated”  —  @JeffHorwitz Where to even begin with this story?! X-check has nothing to do with the ability to report posts. The posts in question were surfaced for review by automated systems, not humans. And the underlying documentation appears to be fabricated.
Jahnavi Sen / The Wire:
The Guardian:
In a court hearing over Crypto.com erroneously sending an Australian woman $10.5M, an executive says a worker in Bulgaria entered the wrong data on Excel  —  Money from crypto exchange was allegedly used to buy four houses worth $4m, vehicles, art and furniture, police officer tells court
Sergiu Gatlan / BleepingComputer:
Fortinet confirms a critical remote authentication bypass vulnerability in FortiOS, FortiProxy, and FortiSwitchManager is being exploited; a patch is available  —  Fortinet has confirmed today that a critical authentication bypass security vulnerability patched last week is being exploited in the wild.
Financial Times:
Amazon's second Prime Day event is an attempt to capture holiday spending ahead of Black Friday as growth lags; analysts estimate an extra $4.1B in Q4 sales  —  Amazon is holding its second Prime Day shopping event in a year for the first time this week in a bid to boost its flagship ecommerce product and reverse declining sales.
Ingrid Lunden / TechCrunch:
Ofcom research: one-third of UK children between 8 and 17 with social media profiles use falsified adult ages, mainly by signing up with a fake date of birth  —  Companies like Instagram are getting been heavily fined (and dragged through the publicity coals) over how they have mishandled children's privacy on their platforms.
Ron Miller / TechCrunch:
Canalys, IDC, and Gartner global Q3 2022 PC shipment estimates have a big discrepancy for Apple: up 1.7% YoY, up 40.2% YoY, and down 15.6% YoY, respectively  —  PC shipments plunged across the world in the third quarter with overall sales falling 18%, according to numbers compiled by Canalys.
Cecilia D'Anastasio / Bloomberg:
A look at efforts by Twitch executives at TwitchCon to reassure streamers about monetary concerns, as Amazon stresses financial independence for the service  —  Weeks after Amazon.com Inc.'s video livestreaming site Twitch announced controversial changes to the way creators make money on the platform …

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Get your favorite apps talking to Zoho Sign with Zapier  —  Your business didn't come together overnight.  It's something you've built, refined, and fine-tuned over time.  Every tool you use has a purpose …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
The coming AI security crisis (and what to do about it) | Sander Schulhoff
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
OpenAI's Potential, Google's Speedy Model, Copilot Hits Turbulence
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
Why Roomba Died + Tech Predictions for 2026 + A Hard Forkin' Xmas Song
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Access:
Betting on reality with Kalshi CEO Tarek Mansour
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:45 AM ET, October 11, 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.

More News

Corin Faife / The Verge:

Earlier Picks

Nilesh Christopher / Rest of World:
Zi Wang / Decrypt:
Low De Wei / Bloomberg: