Techmeme
August 9, 2021, 11:45 PM

Top News

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
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.
Reuters:
Shares of Krafton, the game studio behind PUBG, fell as much as 20% after the company raised $3.8B in its Seoul IPO at a valuation of ~$19B  —  Shares in Krafton Inc (259960.KS), the Tencent Holdings-backed (0700.HK) South Korean company behind blockbuster video game “PlayerUnknown's Battlegrounds” …
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 …
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 …
Reuters:
India's Supreme Court rules that Amazon and Walmart's Flipkart must face antitrust investigations ordered against them last year by the competition commission  —  Amazon.com Inc (AMZN.O) and Walmart's (WMT.N) Flipkart must face antitrust investigations ordered against them in India …
Nicole Nguyen / Wall Street Journal:
When Amazon customers leave negative reviews, some sellers hound them to revise or delete them, in exchange for refunds or gift cards, violating Amazon policies  —  Don't share personal information in reviews or with Amazon sellers; save messages in case you decide to report them
Jennifer Elias / CNBC:
Filings: Google is planning a campus in Silicon Valley, made up of five buildings, dedicated to hardware development; Google spent $389M on the land since 2018  —  - Google is planning another new Silicon Valley campus dubbed “Midpoint.”  — The five-building office campus will sit adjacent …

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