Techmeme
October 1, 2021, 1:15 PM

Top News

Amanda Silberling / TechCrunch:
Senators grilled Facebook exec Antigone Davis at a hearing about Instagram's impact on teens and were frustrated by her reticence to answer questions directly  —  Last night, Facebook published two annotated slide decks in an attempt to contextualize the documents that the Wall Street Journal published …
Source: Senate Commerce CommitteeMore: The Verge, The Economic Times, New York Times, Washington Post, Wired, New Yorker, Associated Press, The Guardian, Bloomberg, Axios, Fox News, NBC News, AdExchanger, CNBC, Washington Post, Gizmodo, The Information, Big Technology, Silicon Valley Business …, Platformer, CNBC, Japan Today, Mashable, BBC, Engadget, Forbes, New York Times, Gizmodo, ZDNet, and Associated Press
Wall Street Journal:
The Verge:
Mike Masnick / Techdirt:
Tom Warren / The Verge:
Microsoft details Office 2021 features and pricing ahead of Oct. 5 release: Office Home and Student will cost $150 and Office Home and Business will cost $250  —  Microsoft is launching Office 2021 on October 5th, and the company is finally detailing the features and pricing today.
Matt Novak / Gizmodo:
Slack says the service is down for many users worldwide since late Thursday afternoon due to a DNS issue  —  The workplace messaging app might not be restored until 5 p.m. ET on Friday for some people.  —  Alerts  —  It's not just you.  Slack has been down for many people worldwide since …
MacKenzie Sigalos / CNBC:
Founder of DeFi staking protocol Compound begs and issues threats to users, asking them to voluntarily return $90M after mistakenly sending them the money  —  - About $90 million has mistakenly gone out to users of popular DeFi staking protocol Compound and the founder is begging users to voluntary return the tokens.
Amanda Silberling / TechCrunch:
Clubhouse announces several features, including Clips, letting listeners snip 30 seconds of audio, and Replay, which lets hosts record a room  —  Clubhouse announced today that it is unveiling four new features: Clips, Replay, Universal Search and spatial audio for Android (which already exists on iOS).
The Markup:
A look at the $12B location data industry, including how collectors, aggregators, and marketplaces monetize user data  —  A huge but little-known industry has cropped up around monetizing people's movements  —  Companies that you likely have never heard of are hawking access to the location history on your mobile phone.
Zoe Schiffer / The Verge:
A look at the rise of employee dissent at Apple, including pushback against returning to the office, fighting for pay equity, and increasing leaks  —  On June 14th, 2021, Apple's remote work advocacy group sent an anonymous email to Tim Cook.  —  “We all agree that we are here at Apple …
Jordan Novet / CNBC:
Zoom says it no longer plans to acquire cloud-based call center software maker Five9, following the FCC's review of the $14.7B deal on national security grounds  —  - Zoom's attempted acquisition of cloud contact center software maker failed to win sufficient approval from Five9 shareholders.
Aislinn Keely / The Block:
TikTok launches Top Moments, an NFT collection featuring six “culturally significant TikTok videos” from creators including Lil Nas X  —  TikTok is launching a non-fungible token (NFT) collection that will see its top content creators partner with top NFT creators.
Mark Sullivan / Fast Company:
Quantum computing company IonQ to go public via SPAC, in a deal expected to raise $650M at a valuation of $2B  —  Today, Maryland-based quantum computing company IonQ is going public via a SPAC in a deal that's expected to raise $650 million.  Its $2 billion valuation and big-name investors indicate …
Thanks:@deaconlf

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BBC: