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Techmeme
October 24, 2022, 2:00 PM
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Top News

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.
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:
Sources: Chinese memory chip maker YMTC asks core US staff to leave the company, after its CEO stepped down ahead of the latest US export controls announcement  —  Washington's restrictions block a vital pipeline of talent for China's semiconductor industry
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.
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 …
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 …
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.
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 …
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.
Wall Street Journal:
Sources: US banks backing Elon Musk's Twitter takeover plan to hold all $13B of debt on their balance sheets rather than selling it, amid a strained 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
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.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:00 PM ET, October 24, 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.

From Mediagazer

Alex Ritman / Variety:
In Channel 4's 2025 Alternative Christmas Message, Jimmy Kimmel said “tyranny is booming” in the US and, on his ABC suspension, “We won, the president lost”

Henry Blodget / Regenerator:
Bari Weiss' 60 Minutes decision may have been a way to both signal that she's serious about shifting CBS' sensibility to the right and “improve” a story

Todd Spangler / Variety:
Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”, after CBS aired a Late Show rerun in which Colbert mocked Trump

More News

Adam James / The Block:
Research: Binance accounted for 55.1% of spot crypto trading and 54.4% of derivatives trading in the past 24 hours, or 4x to 9x competitors like FTX and OKX
Natasha Singer / New York Times:
Ahead of the 2022 midterms, US political campaigns use voter-profiling companies with vast amounts of data and scores to target ads on guns, vaccines, and QAnon

Earlier Picks

Michael Mignano / Lightspeed Venture Partners:
Whereas Creator Economy companies have mostly built infrastructure for the top 1% of creators, new AI tools will fuel businesses that democratize creativity
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