Techmeme
October 6, 2021, 9:35 AM

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.
Lauren Feiner / CNBC:
Haugen's testimony: Facebook puts growth above public safety and must be more transparent, Section 230 reform is not enough, the buck stops at Zuckerberg, more  —  - Facebook whistleblower Frances Haugen testified before a Senate panel Tuesday, telling lawmakers they must intervene to solve the …
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:
Chris Scullion / Video Games Chronicle:
A 4chan user leaks alleged Twitch source code, creator payouts from 2019-2021, proprietary SDKs and internal AWS services, and more; source says Twitch is aware  —  SOURCE CODES AND USER PAYOUTS AMONG THE DATA RELEASED IN A 128GB TORRENT  —  An anonymous hacker claims to have leaked the entirety of Twitch …
Manish Singh / TechCrunch:
Telegram says it added 70M users on Monday amid the outage of Facebook's products; Telegram recently reported passing 1B total downloads and 500M MAUs  —  Facebook's hours-long outage on Monday may have hurt the company, its founder, shareholders, and many businesses that rely on the social juggernaut's services.
Santosh Janardhan / Facebook Engineering:
Amy Cheng / Washington Post:
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.
Cheyenne Ligon / CoinDesk:
Gary Gensler tells Congress that SEC has no plans to ban crypto, decentralized exchanges could need to register, stablecoins are like “poker chips”, and more  —  U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler told Congress on Tuesday that the SEC has no plans to ban crypto.
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.
Joe Rossignol / MacRumors:
Report claims Apple's health team has faced several internal issues and high-level departures; Apple says the report is based on “inaccurate” information  —  Apple CEO Tim Cook has previously stated that Apple's greatest contribution to mankind will be related to health …
Kris Holt / TechCrunch:
Report: for at least two years, Amazon has invested $50M/year to develop a fridge that can monitor usage and suggest products and recipes  —  Amazon is reportedly aiming to bring some of the tech it uses at cashierless Amazon Go stores to your kitchen.  According to Insider …
Andrew Webster / The Verge:
Nintendo Switch OLED review: beautiful screen, nice kickstand, and extra storage, but same old Joy-Con controllers and no performance improvements  —  Buying an upgraded version of a gadget can be complicated.  It's not always immediately clear what's changed or if those changes are even useful to you …
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 …
Melissa Heikkilä / Politico:
EU Parliament overwhelmingly votes for a non-binding resolution banning police use of facial recognition and the controversial 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 …
Annie Njanja / TechCrunch:
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

Sponsor Posts

Upwork:
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Zoho:
Introducing receipt autoscan for Free and Standard plans in Zoho Expense  —  We know just how annoying it can be for your employees to carry around stacks of receipts and spend time entering them one by one into a spreadsheet.
Climate Draft:
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More News

Kate Rooney / CNBC:

Earlier Picks

Benjamin Mayo / 9to5Mac:
Tom Warren / The Verge: