Techmeme
October 6, 2021, 2:40 PM

Top News

Mark Zuckerberg / Facebook:
Mark Zuckerberg says that Facebook does not prioritize profit over safety and well-being and argues that many of Frances Haugen's claims don't make sense  —  I wanted to share a note I wrote to everyone at our company.  —  Hey everyone: it's been quite a week, and I wanted to share some thoughts with all of you.
Wall Street Journal:
Sources: Facebook has begun limiting internal info sharing and paused product rollouts in recent days as employees conduct “reputational reviews”  —  Social-media company puts hold on some work for existing products while it addresses blowback from whistleblower, lawmakers
Ali Breland / Mother Jones:
During her testimony, Frances Haugen offered only weak remedies for Facebook's failures and specifically opposed breaking up the company  —  Fight disinformation.  Get a daily recap of the facts that matter.  Sign up for the free Mother Jones newsletter.  —  Leaks are generally good.
YouTube:
Lauren Feiner / CNBC:
Chris Scullion / Video Games Chronicle:
Twitch acknowledges a “breach” after a 4chan user leaks its source code, creator payouts from 2019-2021, proprietary SDKs, internal AWS services, and more  —  SOURCE CODES AND USER PAYOUTS AMONG THE DATA RELEASED IN A 128GB TORRENT  —  An anonymous hacker claims to have leaked …
Justine Calma / The Verge:
Google announces updates to Search, Maps, Travel, and Nest, focusing on reducing greenhouse gas emissions for users  —  There are updates to Search, Maps, Travel, Nest, and more  —  Google announced a suite of new features that it says will help people who use their platforms make more sustainable choices.
Foo Yun Chee / Reuters:
Sources: EU plans to fine Apple over iPhone's NFC chip, focusing on Apple Pay terms and blocking rivals' access; charge sheet could be sent to Apple next year  —  EU antitrust regulators are set to charge Apple (AAPL.O) with anti-competitive practices related to its NFC chip technology …
Elizabeth Lopatto / The Verge:
Survey of 1,200 US adults: 66% view Facebook favorably, down from 71% in 2020, compared to 79% for Apple (down 2%), 87% for Amazon (down 4%), and 90% for Google  —  After a year of the pandemic, we asked Americans if their trust in big tech companies has changed — and if the biggest ones should be broken up
Ekin Genç / VICE:
Last week, the anonymous developer behind the NFT project Evolved Apes siphoned ~$2.7M from the project, took down its Twitter account and website, and vanished  —  The developer behind the NFT project, ‘Evil Ape,’ suddenly disappeared along with its Twitter account, website, and $2.7 million.
Annie Njanja / TechCrunch:
Santosh Janardhan / Facebook Engineering:
Melissa Heikkilä / Politico:
EU Parliament overwhelmingly votes for a non-binding resolution banning police use of facial recognition and AI-powered predictive policing  —  The European Parliament today called for a ban on police use of facial recognition technology in public places, and on predictive policing …
Manish Singh / TechCrunch:
Indian cryptocurrency exchange CoinSwitch Kuber raises $260M Series C led by a16z and Coinbase Ventures at a $1.9B valuation, a16z's first Indian investment  —  Andreessen Horowitz and Coinbase Ventures have minted a new unicorn in India: CoinSwitch Kuber.  The two firms have co-led …
Katie Roof / Bloomberg:
Modern Treasury, which helps improve the efficiency of bank transfers, raises $85M at a $2B+ valuation led by Altimeter, up from $300M at the start of 2021  —  - Altimeter leads $85 million investment in payments startup  — Benchmark-backed Modern Treasury focuses on bank payments

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Andrew Webster / The Verge:

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