Techmeme
October 24, 2022, 1:10 PM

Top News

Financial Times:
A look at the long-term impact on TSMC's business as the US seeks to reduce its dependency on Taiwanese chips and cut China off from key semiconductor supplies  —  Washington wants the company that dominates semiconductors to move more production to the US but Taipei is resisting
Financial Times:
Emma Roth / The Verge:
YouTube rolls out design changes to its app, including pinch-to-zoom, more precise seeking, and a darker dark mode  —  YouTube announced some new design changes that are rolling out now, including pinch-to-zoom for everyone and precise seeking with a more usable preview to help you find the section of the video you're looking for.
The Bureau of Investigative Journalism:
Interviews with TikTok moderators in Colombia, contracted via Teleperformance, describe pay as low as $10 per day, horrific content, long hours, and more  —  Content warning: This story contains description of extreme and disturbing violence, suicide, child abuse and cruelty to animals.
Brad Gerstner / @altcap:
In an open letter, Altimeter Capital founder and CEO Brad Gerstner encourages Meta to cut capex by $5B+, cut headcount by 20%+, limit metaverse R&D to $5B/year  —  As you know, we are long-term shareholders.  Despite public skepticism — at times warranted — we have been supporters …
Dan Seifert / The Verge:
iPad (10th gen) review: great performance and battery, lots of apps, and USB-C, but accessories are confusing and expensive, high price, and average display  —  Apple's latest base-model iPad cribs a lot of features from the more expensive iPad Air.  But it also is considerably more expensive than before, making it a tough sell.
Benjamin Mayo / 9to5Mac:
Apple raises Music price by $1 to $10.99 per month for individuals, TV+ by $2 to $6.99, and Apple One by $2 to $16.95, citing increased licensing costs  —  Apple is today increasing the prices of its Apple Music and Apple TV+ subscription services.  The Apple One bundle price is also rising in unison.
Henry Ren / Bloomberg:
As President Xi Jinping consolidates his grip on China's ruling party, Alibaba, JD.com, Naspers, and other tech stocks drop by 10%+  —  US-listed Chinese stocks tumbled in premarket trading, with investors spooked by President Xi Jinping's tightening grip on China's ruling party …
Sunil Jagtiani / Bloomberg:
FTX plans to offer $6M to account holders impacted by a phishing incident via a third-party site, but says this kind of relief will not become the norm  —  Digital-asset exchange FTX will provide about $6 million compensation to its account holders impacted by a phishing incident via a third-party website.
David Pierce / The Verge:
After months of beta tweaks, iPadOS 16's Stage Manager still is not a great app switcher for multitasking, plagued by bugs and confusing app management logic  —  There is really only one big idea inside of iPadOS 16.  The new operating system comes with plenty of improvements and upgrades …
Wall Street Journal:
Sources: US banks backing Elon Musk's Twitter deal plan to hold all $13B of debt on their balance sheets rather than selling it, amid a difficult debt market  —  Truncated timeline to sell $13 billion in debt—and strained market conditions—could make Twitter the biggest ‘hung’ buyout deal of all time

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More News

Adam James / The Block:
Natasha Singer / New York Times:

Earlier Picks

Michael Mignano / Lightspeed Venture Partners: