Techmeme
August 12, 2021, 4:45 AM

Top News

John D. McKinnon / Wall Street Journal:
Three US senators unveil the bipartisan Open App Markets Act, which would force app stores to allow sideloading and let developers use their own IAP systems  —  Legislation would place new limits on how Apple and Google app stores can operate  —  WASHINGTON—Senators introduced legislation Wednesday …
Ben Schoon / 9to5Google:
Samsung announces Galaxy Z Flip3 with an internal 6.7" 120Hz display, a 1.9" external screen, 8GB RAM, and Snapdragon 888, starting at $999, shipping August 27  —  One of the first thoughts around foldable smartphones is a high price tag, but that tune is changing.
Chris Welch / The Verge:
Dieter Bohn / The Verge:
Gael Fashingbauer Cooper / CNET:
Twitter rolls out a web and app redesign, implementing its first proprietary font, Chirp, high-contrast black and white follow and unfollow buttons, and more  —  It's inevitable: Twitter changes Twitter, and Twitter users complain on Twitter.  But does Chirp make you feel like a woodpecker is pounding on your skull?
Tim Copeland / The Block:
Group behind Poly Network, a cross-chain protocol used for DeFi applications, says a hacker has stolen $611M; one researcher blames the attack on a crypto flaw  —  Quick Take  — Cross-chain protocol Poly Network has been hacked for $611 million.  — The team behind the protocol …
Wolfie Zhao / The Block:
The attacker who stole $611M from Poly Network has now returned over $256M in USDC, BTCB, SHIBA, and others, after saying they were “ready to surrender”  —  Quick Take  — Poly Network attacker has started returning the funds that were stolen in the largest DeFi hack to date.
Alex Heath / The Verge:
Interview with Facebook ad exec Graham Mudd on Facebook's plans to enhance privacy in its ads, regulation, Apple's ad tracking prompt, Google's FLoC, and more  —  A ‘very meaningful pivot’ is underway inside the world's largest social network  —  Facebook's massive business was built on its ability to track users across the internet.
Radhamely De Leon / VICE:
Researchers create nine computer-generated faces that can serve as “master keys” to impersonate almost half of the faces in three top facial recognition systems  —  According to the paper, their findings imply that facial recognition systems are “extremely vulnerable.”
The Information:
Sources: DoorDash recently held talks to buy Instacart for between $40B and $50B, but the talks fell apart due to potential antitrust scrutiny  —  DoorDash held talks to buy Instacart over the past two months, say people familiar with the situation, for a price that likely would have been between $40 billion and $50 billion.
Jon Porter / The Verge:
Samsung announces Galaxy Watch4, starting at $249, and Galaxy Watch4 Classic, starting at $349, both with “Wear OS Powered by Samsung”, shipping August 27  —  Samsung and Google's smartwatch collaboration is here  —  Today we're getting our first look at the fruits …
Cherlynn Low / Engadget:
David Carnoy / CNET:
Samsung announces $150 Galaxy Buds 2 with active noise cancellation and a similar design to the Galaxy Buds Pro, available August 27  —  The latest Samsung true-wireless earbuds are essentially mini versions of the more expensive Galaxy Buds Pro. … Samsung's Galaxy Buds 2 earbuds …

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Earlier Picks

Jon Fingas / Engadget:
Bloomberg:
More: CoinDeskTweets: @gerryconway, @mukund, @tyalexlaw, and @skupor
CNBC:
Joe Light / Bloomberg:
Steve Dent / Engadget: