Techmeme
September 16, 2021, 2:45 PM

Top News

Eric Slivka / MacRumors:
Initial benchmarks show iPhone 13's A15 chip offers a roughly 15% improvement for GPU performance and 10%-18% improvement for CPU performance over A14  —  Earlier today, we reported on a Geekbench Metal result for the iPhone 13 Pro showing an approximately 55% graphics performance improvement compared to the iPhone 12 Pro.
Filipe Espósito / 9to5Mac:
Dylan Patel / SemiAnalysis:
Jon Porter / The Verge:
Wall Street Journal:
Internal docs show Facebook's weak response after staff flagged human traffickers and drug cartels using its platform for recruitment in developing countries  —  Employees raised alarms about how the site is used in developing countries, where its user base is already huge and expanding
Richard Lawler / The Verge:
Alphabet's Project Taara, which uses light beams to deliver internet, says it transmitted nearly 700TB of data across the Congo River over 20 days  —  The 20Gbps Free Space Optical Communications tech for Project Taara was originally part of Project Loon  —  In January, Google's parent company …
Reuters:
Facebook says it will use the same tactics that it uses to remove bot networks to target real-user accounts engaging in tactics like mass reporting  —  Facebook (FB.O) is taking a more aggressive approach to shut down coordinated groups of real-user accounts engaging in certain harmful activities …
Sarah McBride / Bloomberg:
Brooklyn-based Genius, a music-annotating startup that provides context for lyrics, sells its assets for $80M, less than the total funding it raised  —  The sale price is less than the total funding raised.  —  Music-annotating startup Genius Media Group Inc., a site that drew attention …
Maggie Miller / The Hill:
FTC asks health apps, such as those tracking fitness or menstrual cycles, to notify consumers of data breaches as per the 2009 Health Breach Notification Rule  —  The Federal Trade Commission (FTC) voted 3-2 Wednesday that a decade-old rule on health data breaches applies to apps …
Wenxin Fan / Wall Street Journal:
China erased Zhao Wei, its biggest movie star who had 86M Weibo followers, from its internet on August 26, amid a clampdown on its entertainment industry  —  Zhao Wei was the Reese Witherspoon of China, then she was censored by the Communist Party amid a clampdown of the country's entertainment industry
Joanna Ossinger / Bloomberg:
Avalanche Foundation, whose AVAX token is up 65% over the past week, raises $230M led by Polychain and Three Arrows Capital  —  - Cryptocurrency AVAX jumps 65% in past week to top 20 rankings  — Polychain, Three Arrows Capital led the investment purchase
Mitchell Clark / The Verge:
Nate Chastain, the head of product at OpenSea who was accused this week of a form of NFT insider trading, appears to no longer be working for the company  —  He's accused of buying NFTs before they appeared on the trading platform's homepage  —  OpenSea head of product Nate Chastain …
Ryan Weeks / The Block:
Andrew Fedorov / Input:
A look at CouchSurfing.com, which is now headed by Palantir alum Patrick Dugan, as it abandoned its always-free ethos at the start of the pandemic  —  Back in spring 2011 — the end of black truffle season, before the climbing roses bloomed — the Couchsurfers gathered at the Palazzo Massarucci …
Greg Kumparak / TechCrunch:
Whatnot, a livestreaming service for buying and selling collectibles, raises $150M Series C at a $1.5B valuation, its third fundraising round in 2021  —  Whatnot, a live streaming shopping platform for collectors to buy and sell things like rare Pokémon cards and Funko Pops …
David McLaughlin / Bloomberg:
FTC says Alphabet, Amazon, Apple, Facebook, and Microsoft made 819 unreported acquisition deals of $1M+, including for patents and acquihires, from 2010 to 2019  —  - Report shows hundreds of deals by tech giants went unchecked  — Antitrust enforcers must close loopholes, FTC Chair Khan says
Katie Roof / Bloomberg:
Discord raises $500M led by Dragoneer, Fidelity, and others, source says at a ~$15B post-money valuation, more than double its valuation from last year  —  - Discord raised $500 million, led by Dragoneer Investment Group  — Startup turned down $12 billion offer from Microsoft
Hugh Son / CNBC:
Goldman Sachs is acquiring buy now, pay later fintech GreenSky for about $2.24B, in an all-stock deal  —  - Goldman Sachs is acquiring fintech lender GreenSky for $2.24 billion as the investment bank pushes further into consumer finance.  — The all-stock deal for GreenSky …

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