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September 14, 2021, 10:40 AM
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memeorandum
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| Wall Street Journal: |
Internal docs: Facebook's own research shows Instagram is harmful to a sizeable percentage of users, especially teen girls, but has taken few remedial steps — Its own in-depth research shows a significant teen mental-health issue that Facebook plays down in public
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CNBC, The Independent, The Daily Beast, and Gizmodo
Tweets: @jeffhorwitz, @justinhendrix, @mims, @georgia_wells, @katestarbird, @gregbensinger, @drewharwell, @gregbensinger, @quinnypig, @mikarv, @dollydeighton, @katieharbath, @qjurecic, @profcarroll, @lpolgreen, @shiraovide, @chafkin, @jamestitcomb, @jeffhorwitz, @jeffhorwitz, @jeffhorwitz, @oliviasolon, @georgia_wells, @georgia_wells, @georgia_wells, @georgia_wells, @georgia_wells, @georgia_wells, @shiraovide, @juliaangwin, @markdistef, @timjhanrahan, @jeffhorwitz, @jeffhorwitz, @jeffhorwitz, @paulwsj, @anthony, @frankpallotta, @rwesthead, @venkatananth, @deitaone, @deitaone, @deitaone, @jeffhorwitz, @realcandaceo, @justinhendrix, @andymstone, @andymstone, @shabanianaram, @oversightboard, @mims, @dangillmor, @shiraovide, and @samhouston
| Sohee Kim / Bloomberg: |
South Korea fines Google $177M for abusing market dominance, saying it prevented companies like Samsung from developing or using modified versions of Android — - Company said to have impeded development of competing software — Regulator orders change to Google contracts with manufacturers
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CNBC, The Korea Times, Reuters, Android Police, iTnews, TechCrunch, Yonhap News Agency, Livemint, SlashGear, IT PRO, Variety, AppleInsider, Engadget, Android Central, Forbes, Financial Times, Nikkei Asia, The Economic Times, Benzinga, Trusted Reviews, Ubergizmo, Pocketnow, The Verge, ZDNet, and Coinspeaker
Tweets: @florianederer, @vsuglobov, and @aaronwall
| Zack Whittaker / TechCrunch: |
Citizen Lab says it found evidence of ForcedEntry on an activist's iPhone and the exploit worked on iPads, Macs, and Watches as well, prior to recent updates — Citizen Lab says the ForcedEntry flaw affects all iPhones, iPads, Macs and Watches — Apple has released security updates …
Source:
The Citizen Lab. More:
New York Times, The Guardian, Washington Post, Wall Street Journal, Reuters, HotHardware.com News, PYMNTS.com, BBC, International Business Times, Security Boulevard, Apple Must, Malwarebytes Labs, cybernews.com, XDA Developers, Forbes, New York Times, SlashGear, The Hacker News, gHacks Technology News, TNW, MUO, infosecurity-magazine.com, ComputerWeekly.com, Help Net Security, Silicon Republic, SiliconANGLE, Ubergizmo, PYMNTS.com, and MSPoweruser
Tweets: @shanehuntley, @racheltobac, @ericgeller, @drewharwell, @bidar411, @theclemreport, @nicoleperlroth, @kaepora, @ericgarland, @k3ym0, @k3ym0, @viss, and @zackwhittaker
| Chance Miller / 9to5Mac: |
| Samantha Subin / CNBC: |
Intuit says it has agreed to acquire Mailchimp for $12B in cash and stock — - Intuit will buy email marketing company Mailchimp for $12 billion, the companies announced Monday. — Intuit said it will use the acquisition to accelerate growth among small business clients.
Source:
Business Wire and Mailchimp. More:
Wall Street Journal, Axios, Protocol, The Register, ExchangeWire.com, SiliconANGLE, Benzinga, Coinspeaker, Atlanta Journal-Constitution, and Forbes
Tweets: @ekp, @benchestnut, @harrymccracken, @shubham, @torrenegra, @stop, @benchestnut, @intuit, @benchestnut, @davepell, @kimbui, @justkelly_ok, @oddballstocks, @benchestnut, @benedictevans, @mailchimp, @quinnypig, @sarafischer, @cathrynlavery, @chrisferdinandi, @sasan_goodarzi, @levynews, @mathowie, @operaqueenie, @levie, @supermugatu, @carnage4life, @alexrkonrad, @gergelyorosz, @karlitaliliana, @tanayj, and @danprimack
| Drew Harwell / Washington Post: |
Biden to nominate Georgetown law professor Alvaro Bedoya, who focuses on privacy issues, to be a commissioner at the FTC — Alvaro Bedoya has spearheaded pivotal research into how the government's use of facial recognition software hurts America's most marginalized| Andrew Cunningham / Ars Technica: |
Amazon announces an OS update for Kindle, Kindle Paperwhite, and Kindle Oasis with a new UI, the first refresh since around 2016, rolling out now — Refined look and feel coming to most Kindles released since 2015. — Amazon's Kindle e-readers get new software updates regularly … | James Vincent / The Verge: |
Amazon partners with ticketing company AXS to use its Amazon One palm scanner at Colorado's Red Rocks Amphitheatre, the first outside partnership for Amazon One — Launching at Colorado's Red Rocks Amphitheatre — Amazon's palm-scanning technology, Amazon One, has always been about more than just fast payments.| Sun Yu / Financial Times: |
Chinese police are using a state-backed anti-fraud app, installed on 200M+ devices, to identify and question people who have viewed overseas financial news — Police identify and question people on back of software meant to prevent online scams — Chinese police are using …
Tweets: @byron_wan, @byron_wan, @colgo, @paulmozur, @jchengwsj, @elimeixler, @gwbstr, @elimeixler, and @ftchina
| Karen Hao / MIT Technology Review: |
Researcher discovers an AI-powered service that makes it incredibly easy for users to generate nonconsensual deepfake porn by uploading a picture of a face — Deepfake researchers have long feared the day this would arrive. — The website is eye-catching for its simplicity.| Ingrid Lunden / TechCrunch: |
Sendoso, which helps companies send customized physical gifts to clients at scale for a monthly fee, raises $100M Series C led by SoftBank's Vision Fund 2 — Corporate gift services have come into their own during the Covid-19 pandemic by standing in as a proxy for other kinds …
More:
Silicon Republic and Reuters
| Erin Griffith / New York Times: |
Christine Martinez files a suit against Pinterest claiming breach of implied contract, saying she co-created Pinterest but was never compensated — In a lawsuit, a woman who said she had helped create Pinterest claimed the founders had agreed to compensate her but never did.
More:
Law360, San Francisco Chronicle, Washington Post, and Forbes
Tweets: @nytimes and @nytimestech
| Ben Thompson / Stratechery: |
A breakdown of Apple vs. Epic decision, which was a near total victory for Apple, and the limitations of the injunction on App Store's anti-steering provision — The vast majority of Judge Yvonne Gonzalez Rogers decision in Epic v. Apple is both straight-forward and predictable …
More:
Marco.org, Philip Elmer‑DeWitt, New York Times, Pixel Envy, and Forrester
Tweets: @brian_armstrong, @marcoarment, @drbarnard, @drbarnard, @drbarnard, and @stroughtonsmith
| Hannah Murphy / Financial Times: |
Q&A with Parler CEO George Farmer, a British hedge fund partner married to Candace Owens, who says the social network is planning a relaunch after Capitol riots — George Farmer seeks to revive ‘free speech’ app that imploded after US Capitol riots — Parler, the “free speech” …
Tweets: @bondhack and @martinsfp
| Casey Newton / Platformer: |
Interview with Will Cathcart on the criticism of humans reviewing reported WhatsApp content, encrypted backups, and the broader geopolitics of e2e encryption — After a contentious year, candid talk on encryption, privacy, and ProPublica — It has been a contentious year for WhatsApp.| Manish Singh / TechCrunch: |
India and Singapore are working to link India's Unified Payments Interface and Singapore's PayNow by 2022, seeking to enable “instant, low-cost” transfers — India and Singapore are working to link their digital payments systems to enable “instant, low-cost fund transfers,” …
More:
rbi.org.in, Entrackr, mas.gov.sg, Finextra, DealStreetAsia, ZDNet, Tech in Asia, and Bloomberg
| Josh Dzieza / The Verge: |
A look at the harsh reality of working for on-demand delivery apps in NYC, including fluctuating pay and relentless time pressure, and labor organizing efforts — Exploited by apps. Attacked by thieves. Unprotected by police. The city's 65,000 bikers have only themselves to count on.| Kyle Wiggers / VentureBeat: |
Neosec, which offers tools to secure APIs, emerges from stealth with $20.7M Series A from True Ventures and others — The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now! — Neosec, a cybersecurity platform designed to secure APIs …
More:
SiliconANGLE and SiliconANGLE
| Mark Gurman / Bloomberg: |
What to expect from Apple's September 14 event: narrower iPhone 13 notch, LTPO displays on Pro models, redesigned Watch Series 7, no M1X MacBook Pros, and more — This week: The long-awaited ruling in Apple Inc.'s suit with Epic Games Inc. arrives just before the iPhone 13 …
More:
The Verge, CNET, TechCrunch, CNN, Bloomberg, CNBC, MacDailyNews, Benzinga, New York Post, BGR, Pocketnow, Tom's Guide, TechRadar, fossbytes.com, and WRAL TechWire
Tweets: @markgurman, @majinbuofficial, and @spigenworld
| Jen Wieczner / New York Magazine: |
Interview with SEC chair Gary Gensler on meme-stock mania, commission-free trading apps, regulating cryptocurrencies, and whether SPACs need more oversight — When financial regulators demonstrate that they hold generous views of bitcoin — that, contrary to the prevailing mood in Washington … | Kyle Wiggers / VentureBeat: |
StreamNative, which offers real-time data streaming tools for analytics, raises $23.7M Series A, at a $133M post-money valuation, led by Prosperity7 Ventures — StreamNative, which offers a real-time data streaming platform, today announced that it raised $23.7 million in series A funding …
More:
Yahoo Finance and SiliconANGLE
| Mary Ann Azevedo / TechCrunch: |
Truepic, which offers tools to verify digital photos and videos, raises $26M Series B led by Microsoft's M12 — Truepic, a digital image verification software provider, has raised $26 million in a Series B funding round led by M12, Microsoft's venture fund.
More:
Bloomberg, Axios, PR Newswire, and Fast Company
| Jeffrey Dastin / Reuters: |
Amazon says it is increasing the US hourly starting wage to $18 and plans to hire another 125,000 warehouse and transportation workers — Amazon.com Inc (AMZN.O) has increased its average starting wage in the United States to more than $18 an hour and plans to hire another 125,000 warehouse …
Source:
About Amazon. More:
Wall Street Journal, The Hill, RTÉ, Barron's Online, CNBC, and Tech Xplore. Tweets: @oliviasolon
| Sam Shead / CNBC: |
UK government says its Future Fund has invested £1.14B since April 2020 and has stakes in 158 startups, including DIY computer maker Kano and event app Dice FM — - The British Business Bank, which administers the so-called Future Fund program, said it has issued 1,190 companies … | Jordan Novet / CNBC: |
Oracle misses in Q1 with revenue of $9.73B, up 4% YoY, vs. $9.77B expected, cloud services and license support revenue of $7.37B, up 6% YoY, vs $7.41B expected — - Oracle's top business segment missed expectations, as did hardware. — The software maker announced a program …
More:
The Register, TheStreet, Oracle, Coinspeaker, TheStreet, and Reuters
| Charis McGowan / Rest of World: |
Workers for Cornershop, an online grocer that employs all of its delivery workers, say they fear deteriorating working conditions following Uber's acquisition — Everything changed after Chilean unicorn Cornershop was bought by the American ride-hailing giant. — • SANTIAGO, CHILE
Tweets: @cengizyar, @charis_mcgowan, and @leomschwartz
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