Techmeme
August 13, 2021, 7:50 PM

Top News

Wall Street Journal:
Craig Federighi says introducing two similar features at the same time, iMessage protections for children and CSAM scanning of iCloud photos, caused confusion  —  Facing criticism about eroding privacy on the iPhone, Apple's Craig Federighi says new tools aimed at best ensuring privacy while fighting illegal images
Joe Rossignol / MacRumors:
Apple details its CSAM detection system, says it expects to set a match threshold of 30 known CSAM images before an iCloud account is flagged for manual review  —  Apple today shared a document that provides a more detailed overview of the child safety features that it first announced last week …
Mark Gurman / Bloomberg:
Memo: Apple warns staff to be ready for questions about CSAM scanning, says it will address privacy concerns by having an independent auditor review the system  —  - Company prepares employees for questions about new approach  — Apple also will have an independent auditor assess the feature
Kris Holt / Engadget:
Facebook rolls out end-to-end encrypted voice and video calls on Messenger, and says it will begin testing opt-in e2e encryption for Instagram DMs  —  rolling out a host of features for Messenger users who switch on  —  end-to-end encryption (E2EE).  You can now call Messenger contacts using voice or video
Reuters:
Poly Network offers a $500K “bug bounty” to the hacker who returned $340M+ in assets and placed the rest in a wallet jointly controlled by the hacker and Poly  —  Poly Network, the cryptocurrency platform which lost $610 million in a hack earlier this week, confirmed on Friday …
Wall Street Journal:
Neobank Chime raises $750M led by Sequoia at a valuation of about $25B, as a source says it could go public in H1 2022  —  Move sets company up for IPO as early as next year  —  Chime Financial Inc. raised $750 million in its latest funding round, in a move that values the financial-technology startup …
Russell Brandom / The Verge:
Researchers at Berlin-based AlgorithmWatch say they abandoned their research project monitoring the Instagram algorithm after legal threats from Facebook  —  A chilling echo of NYU ad observatory issues  —  Researchers at AlgorithmWatch say they were forced to abandon their research project monitoring …
Daisuke Wakabayashi / New York Times:
In a preliminary ruling, ITC judge finds Google infringed on five patents owned by Sonos; full commission will make a final ruling in December  —  In a preliminary finding by the United States International Trade Commission, a judge ruled that the internet company infringed on speaker-technology patents.
Rachel Feintzeig / Wall Street Journal:
A half-dozen white-collar workers in industries like tech and banking say they are stealthily holding multiple remote, full-time jobs  —  When the pandemic freed employees from having to report to the office, some saw an opportunity to double their salary on the sly.
Mitchell Clark / The Verge:
Twitter again pauses applications to its verification program, after admitting that several fake accounts, reportedly part of a botnet, were wrongly verified  —  It wants to improve the application and review process  —  Twitter is once again putting a halt on applications to its verification program …
Gillian Tan / Bloomberg:
Divvy Homes, which buys homes on behalf of renters and helps them become owners, raises $200M at a $2B valuation, co-led by Tiger Global and Caffeinated Capital  —  - San Francisco company seeks to enable renters to own homes  — Caffeinated Capital, Andreessen Horowitz, GIC also invested
Henry Ward / Medium:
Equity management software company Carta raises $500M Series G led by Silver Lake at a valuation of $7.4B  —  Carta raised a $500M Series G, valuing the company at $7.4B.  The round was led by Silver Lake.  Of our eight rounds of capital raised, this was the largest and also the simplest.

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Rory Smith / New York Times:
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Earlier Picks

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Bloomberg:
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