Techmeme
December 8, 2022, 2:45 AM

Top News

Wall Street Journal:
Apple plans to launch Advanced Data Protection, offering E2EE on iCloud backups, Notes, Photos, and more, in the US in 2022 and globally including China in 2023  —  ‘Advanced Data Protection’ will offer end-to-end encryption on iCloud backups, Notes, Photos and other services—a step that may draw ire from law enforcement
Lily Hay Newman / Wired:
Apple won't launch its CSAM detection tool for iCloud photos, instead focusing its anti-CSAM efforts on the Communication Safety features launched in 2021  —  The company plans to expand its Communication Safety features, which aim to disrupt the sharing of child sexual abuse material at the source.
Chance Miller / 9to5Mac:
New York Times:
Sources: US prosecutors are probing whether Sam Bankman-Fried manipulated the market for TerraUSD and LUNA, triggering the cryptocurrencies' collapse in May  —  Federal prosecutors are investigating whether Sam Bankman-Fried and his hedge fund orchestrated trades in a way that led to the collapse of two cryptocurrencies in May.
Eduard Kovacs / SecurityWeek:
Pwn2Own Toronto 2022: participants earned a total of $400K for new exploits targeting Samsung Galaxy S22, printers, routers, and NAS devices on the first day  —  On the first day of the Pwn2Own Toronto 2022 hacking competition, participants earned a total of $400,000 for new exploits targeting phones, printers, routers and NAS devices.
Cecilia Kang / New York Times:
Indiana's AG sues TikTok for deceiving users about China's access to data and for exposing kids to mature content, in the first US state lawsuits against TikTok  —  The lawsuits are the first by an American state against TikTok, which is owned by the Chinese company ByteDance, in a sign of mounting legal pressure.
Shawna Chen / Axios:
Wall Street Journal:
How tensions grew between Salesforce co-CEOs Marc Benioff and Bret Taylor for months; sources: Benioff was frustrated about how Taylor was spending his time  —  Exit of Bret Taylor from role he has shared for about a year wasn't long planned  —  The Tech Sector Is Taking a Beating.  Here's Why.
Aisha Malik / TechCrunch:
Instagram debuts transparency tools to let users with professional accounts, like businesses and creators, know if their content is ineligible to be recommended  —  Instagram announced today that it's introducing new transparency tools so you can see whether your photos and videos are recommended in the app.
Jordan Novet / CNBC:
The Pentagon awards Amazon, Google, Microsoft, and Oracle a cloud-computing contract of up to $9B each through 2028 under the Joint Warfighting Cloud Capability  —  - Of the four companies receiving cloud-computing contracts from the Pentagon, all of them had received requests for bids from the U.S. federal agency last year.
Mark Matousek / The Information:
Sources: the SEC is investigating whether messaging app IRL misled investors; IRL raised $170M from SoftBank's Vision Fund 2 at a $1.17B valuation in June 2021  —  The Securities and Exchange Commission has been investigating whether SoftBank-backed messaging app IRL violated securities laws …
Alexandra Bruell / Wall Street Journal:
Sources: The Washington Post is exploring a spinoff or sale of its Arc XP publishing tool, which has ~250 staff globally and may generate $200M+ in ARR by 2027  —  Company has embraced digital experimentation under tech-billionaire owner; spinoff of Arc business also possible
Suzanne Smalley / CyberScoop:
The annual US defense policy bill contains significant spending increases for US Cyber Command and other efforts to bolster national cybersecurity defenses  —  Congress is poised to vote in coming days on an $858 billion annual defense policy bill that contains significant spending increases …
Semafor:
Sources: in January 2018, Alameda took loans worth $116M from Skype co-founder Jaan Tallinn and philanthropist Luke Ding, both backers of “effective altruism”  —  The big money behind Alameda Research, the sister trading firm of crypto exchange FTX, came from two influential backers …
Catherine Shu / TechCrunch:
Singapore-based UnaBiz, a Massive IoT service provider that owns Sigfox, raised a $25M Series B extension led by SPARX, after a $25M Series B in October 2021  —  UnaBiz, the Massive Internet of Things service provider and owner of Sigfox, announced today it has raised another $25 million in Series B funding.
More: UnaBiz and Tech in Asia
Maria Deutscher / SiliconANGLE:
Google announces a beta release of Simple ML, a no-code ML add-on for Google Sheets, that enables users to apply machine learning to their data  —  Google LLC today launched a new tool that will enable users to develop artificial intelligence models in Google Sheets.  —  The tool, dubbed Simple ML, is available in beta.

Sponsor Posts

Command Line:
What will the next generation of developers do when AI writes the code?  —  Microsoft and Carnegie Mellon are betting that the junior devs we train today will be the senior engineers of tomorrow.
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Featured Podcasts

The Upstarts Podcast:
The $7B Startup Mapping Your Health In Just One Hour | Neko's Hjalmar Nilsonne
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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Sources:
Robinhood's CEO on letting AI trade your money
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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More News

Matt Day / Bloomberg:
David McCabe / New York Times:
Bloomberg:
Tom Warren / The Verge:
Tim Culpan / Bloomberg:
Adam James / The Block:
Kalley Huang / New York Times:

Earlier Picks

Parmy Olson / Bloomberg:
Andrew Romero / 9to5Google:
Financial Times:
William Turton / Bloomberg:
Shannon Liao / Washington Post: