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October 24, 2022, 2:55 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.
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.
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
Brad Gerstner / @altcap:
Open letter: Altimeter Capital founder and CEO Brad Gerstner encourages Meta to cut capex by $5B+, cut headcount by 20%+, and 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 …
Zac Bowden / Windows Central:
Microsoft launches its ARM mini-PC Windows Dev Kit 2023, formerly Project Volterra, with Snapdragon 8cx Gen 3 and 32GB RAM for $599, coming to eight countries  —  Available to order now in 8 markets for just $599.  —  What you need to know  — Microsoft's Windows on ARM developer kit launches today for just $599!
David Pierce / The Verge:
After months of tweaks, iPadOS 16's Stage Manager still doesn't work, plagued by confusing behavior and bugs; Mac-like multiwindow multitasking would be better  —  There is really only one big idea inside of iPadOS 16.  The new operating system comes with plenty of improvements and upgrades …
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 …
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.
Dan Seifert / The Verge:
iPad (10th gen) review: great performance and battery, many apps, and USB-C, but accessories are confusing and expensive, price is high, and display is average  —  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.
Kyle Wiggers / TechCrunch:
PayPal adds support for passkeys, which are designed to replace passwords, on iOS, iPadOS, and macOS in the US, and plans to support passkeys on other platforms  —  PayPal is making it easier to log in to its services — if you're an Apple device user, that is.
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
Wall Street Journal:
The US DOJ charges two Chinese intelligence officers with trying to subvert a criminal probe, sources say into Huawei, by offering bribes to a US double agent  —  Failed scheme included an effort by two alleged Chinese intelligence officers to bribe a U.S. law-enforcement official who acted as a double agent, government says

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This is a Techmeme archive page. It shows how the site appeared at 2:55 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

Michael Sisak / Associated Press:
A US appeals court overturns Harvey Weinstein's 2020 conviction, finding the trial judge let women testify about allegations that were not part of the case

Eli Stokols / Politico:
Interviews with 24 people reveal the tense relationship between President Biden and the New York Times, beset by misunderstandings, grudges, and a lack of trust

Katie Robertson / @katie_robertson:
Internal memo: G/O Media sells The Onion to a new Chicago-based firm, Global Tetrahedron, which promises to keep The Onion's staff intact and in Chicago

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

Sunil Jagtiani / Bloomberg:
FTX plans to offer ~$6M to account holders impacted by a phishing incident via a third-party site but says the company won't be “making a habit” of such relief
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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