| Ben Thompson / Stratechery: |
Apple's plan to find CSAM should have centered around scanning images on iCloud servers, not on users' devices, where there is a greater expectation of privacy — It was in August 2009, two months after the release of the iPhone 3GS, that the barbarians crashed the gates; from The Online Photographer:| Ben Lovejoy / 9to5Mac: |
Apple publishes a CSAM FAQ to address misconceptions and concerns about photo scanning — Apple has responded to misconceptions and concerns about its photo scanning announcements by publishing a CSAM FAQ - answering frequently asked questions about the features.| Jeff Benson / Decrypt: |
Latest compromise amendment to the infrastructure bill's cryptocurrency clause fails to reach a vote after Sen. Shelby files an objection over military spending — The Senate rejected an amendment championed by the cryptocurrency industry that exempts non-custodial crypto actors … | Bloomberg: |
A bipartisan group of senators says it has reached a compromise on cryptocurrency reporting in the infrastructure bill, but the amendment may not get a vote — - Treasury Department backs the new language, senator says — Wyden concerned compromise falls short on privacy, security| Stephen Shankland / CNET: |
Twitter's photo cropping algorithm favors people with slimmer, younger-looking faces, and lighter skin; a researcher was awarded $3,500 for the discovery — A researcher at Switzerland's EPFL technical university won a $3,500 prize for determining that a key Twitter algorithm favors faces … | Taylor Lorenz / New York Times: |
How text-heavy meme posts, often paired with nonsensical, low-quality images, have begun sweeping through Instagram, thanks largely to Gen-Z accounts — Fueled by Gen Z, text-heavy meme posts, often paired with nonsensically unrelated pictures, are turning the photo and video app into a destination for written expression.| Zoe Schiffer / The Verge: |
Labor lawyers say Apple has violated worker protections by shutting down three employee-run surveys on women and underrepresented minorities' pay equity — Apple insists it does not have a problem with pay inequality. Skeptical Apple employees have been trying to verify that claim by sending … | Kim Jaewon / Nikkei Asia: |
A brief look at key executives at Krafton, the maker of PUBG, including founder and chairman Chang Byung-gyu and Brendan Greene, aka “PlayerUnknown” — Korean duo created ‘freak’ company with help from Irish developer and Tencent — SEOUL — South Korean video game developer Krafton … | Erin Griffith / New York Times: |
PitchBook: 3,000+ angel investors are expected to make their first deal in 2021, up from 2,725 in 2020; angels have invested $2.1B in H1 2021 vs. $2.6B in 2020 — The once-clubby world of start-up deal making known as “angel investing” has had an influx of new participants.| Mary Ann Azevedo / TechCrunch: |
FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, raises $80.75M Series E led by Accomplice at a $1B+ valuation — FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, announced today it has secured $80.75 million in a Series E round of funding … | Catalin Cimpanu / The Record: |
Cybersecurity firm Proofpoint has dismissed its lawsuit against Facebook and has agreed to transfer a series of disputed phishing test domains to Facebook — Cyber-security firm Proofpoint has dismissed its lawsuit against Facebook and has agreed to transfer a series of disputed web domains … | Saritha Rai / Bloomberg: |
Amazon and Infosys co-founder Narayana Murthy will end a controversial, seven-year joint venture in India next year that helped merchants get online — Amazon.com Inc. is disbanding a controversial joint venture in India with billionaire Narayana Murthy, a potential setback for the e-commerce giant … | Reuters: |
| Mary Ann Azevedo / TechCrunch: |
Trendyol, a Turkey-based e-commerce marketplace and “superapp”, raises $1.5B at a $16.5B valuation, up from $9.4B in April, to become Turkey's first decacorn — Trendyol, an e-commerce platform based in Turkey, has raised $1.5 billion in a massive funding round that values the company at $16.5 billion.
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