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October 16, 2021, 9:50 PM
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Mediagazer
memeorandum
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| New York Times: |
Internal docs: Instagram spent the majority of its global annual marketing budget since 2018 targeting teenagers, as it worries about losing its user “pipeline” — The app, hailed as Facebook's growth engine, has privately wrestled with retaining and engaging teenagers, according to internal documents.
More:
CNET, Insider, and Bloomberg
Tweets: @bioturbonick, @rmac18, @sheeraf, @senblumenthal, @puiwingtam, @melissaryan, @dsilverman, @cynthiamlummis, @sheeraf, @modestproposal1, @repkenbuck, @mollyjongfast, @modestproposal1, @moonalice, @donie, @drpanmd, @kantrowitz, @hypervisible, @senmarkey, @sunoppositemoon, @katherinemiller, @dmccabe, @martinsfp, and @modestproposal1
| Julie Jargon / Wall Street Journal: |
Some doctors in the US and other countries say TikTok videos about Tourette syndrome may be contributing to a rise in cases of teen girls with physical tics — When teens started turning up in doctors' offices with sudden, severe physical tics, specialists suspected social media …
Tweets: @brianroemmele, @shane25873, @timjhanrahan, @carnage4life, @karenrivers, @joannastern, @wallernikki, and @juliejargon
| Mitchell Clark / The Verge: |
Valve quietly updates Steam's rules to ban games “built on blockchain technology that issue or allow exchange of cryptocurrencies or NFTs” — Your move, Epic Games Store — Games that use blockchain technology or let users exchange NFTs or cryptocurrencies won't be allowed on Steam …
Source:
Steamworks Documentation. More:
The Verge, GeekWire, NME, Bitcoinist.com, Kotaku, Decrypt, dexerto.com, Notebookcheck.net, BitcoinExchangeGuide, cryptodaily.co.uk, Rock, Paper, Shotgun, thegamer.com, CryptoGlobe, GamesIndustry.biz, Game Rant, Neowin, Blue's News, IGN, PC Gamer, VentureBeat, Dot Esports, Game Developer, Engadget, Cointelegraph, Crypto Briefing, TechRadar, Laptop Mag, Tubefilter, SlashGear, Destructoid, Rock, Paper, Shotgun, PCMag, TechSpot, The Mac Observer, CoinDesk, and Slashdot
| Catalin Cimpanu / The Record: |
A joint advisory by the FBI, NSA, CISA, and EPA reveals three more ransomware attacks on water treatment plants this year in Nevada, Maine, and California — Ransomware gangs have silently hit three US water and wastewater treatment facilities this year, in 2021, the US government …
Source:
CISA. More:
Insider, Gizmodo, CyberScoop, BleepingComputer, HackRead, SecurityWeek, Infosecurity Magazine, ZDNet, The Hacker News, Security Affairs, PCMag, Nextgov, and DataBreaches.net
Tweets: @hadip, @socializ3r, and @campuscodi
| Sean Hollister / The Verge: |
MagSafe wireless charging continues to underwhelm a year after its release, due to Apple's lack of foresight and a limited ecosystem — Apple's charging ecosystem keeps revealing its limitations — One year ago yesterday, I wrote how MagSafe could be the biggest reason to buy an iPhone 12.| Sergiu Gatlan / BleepingComputer: |
Twitch downplays last week's hack, saying it had minimal impact and user login credentials, full credit card numbers, and bank information were not exposed — In an update regarding this month's security incident, Twitch downplayed the breach saying that it had minimal impact and only affected a small number of users.
Source:
Twitch Blog. More:
Gizmodo, MobileSyrup, Mashable, Techaeris, Reuters, Rock, Paper, Shotgun, Android Headlines, SlashGear, GameSpot, and Engadget
Tweets: @twitch, @dhm, @lorenzofb, @lorenzofb, and @lorenzofb
| Lorenzo Franceschi-Bicchierai / VICE: |
| Chavi Mehta / Reuters: |
Jack Dorsey says Square is considering building an open source Bitcoin miner, using custom silicon, for individuals and businesses — Square Inc (SQ.N) Chief Executive Officer Jack Dorsey said on Friday the fintech firm is looking to build a bitcoin mining system based on custom silicon …
More:
The Independent, PCMag, The Block, CNBC, Cointelegraph, NewsBTC, Engadget, Bloomberg, Decrypt, Blockworks, CoinDesk, and Slashdot
Tweets: @jack and @novogratz
| Kyle Chayka / New Yorker: |
A look at Raya, a secretive subscription-based social network with a rigorous user selection process and a rigid code of silence for accepted members — The app has created a space free of the problems that plague the rest of the Web, but only by leaving almost everybody out.
Tweets: @newyorker, @michaelluo, @kari_paul, @dlippman, @newyorker, @evelyndouek, @hels, @chaykak, @simonowens, @markwby, @chaykak, and @samuelaadams
| Aislinn Keely / The Block: |
CFTC files and settles charges against Tether and Bitfinex, ordering them to pay a total of $42.5M for making “untrue or misleading statements” about USDT — The Commodity Futures Trading Commission (CFTC) simultaneously filed and settled charges against Tether and Bitfinex today …
Source:
CFTC. More:
Tether, The Daily Hodl, BTC Times, BitcoinExchangeGuide, Coinspeaker, Bloomberg, Associated Press, Crowdfund Insider, Benzinga, Crypto Briefing, cryptodaily.co.uk, Bitcoin News, Reuters, Decrypt, cryptonews.com, Crowdfund Insider, Financial Times, Blockworks, The Verge, CoinDesk, Bitcoinist.com, and Cointelegraph
Tweets: @murphsicles, @tether_to, @jason, @arrington, @ryan_browne_, @kr00ney, @alexisgoldstein, @jason, @aislinnkeely, and @aridavidpaul
| FinSMEs: |
Convex, which provides software for the commercial services industry, raises a $39M Series B, bringing its total raised to $60M — Convex, a San Francisco, CA-based software platform focused on digitizing the commercial services industry, raised $39m in Series B financing.| Noah Smith / Washington Post: |
A look at US Cyber Games, jointly founded in April by the US government, academia, and the private sector to find and train candidates for cybersecurity careers — As the United States seeks to shore up its defenses against cyberattacks, the government is seeking to harness the skills …
Tweets: @jamrootz58 and @vildehaya
| Huib Modderkolk / The Guardian: |
Profile of Edwin Robbe, who hacked the Netherlands' largest telecom KPN as a teenager and cost the company €3M, before being found dead in South Korea — Edwin Robbe had a troubled life, but found excitement and purpose by joining an audacious community of hackers.Sponsor Posts
Google:
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Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Shopify's new AI commerce stack — Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Zoho People in 2025: A year in review — As we wrap up 2025, we're taking a moment to look back on a year filled with progress and transformation at Zoho People. Our team has been constantly pushing boundaries …
Zoho People in 2025: A year in review — As we wrap up 2025, we're taking a moment to look back on a year filled with progress and transformation at Zoho People. Our team has been constantly pushing boundaries …
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Big Technology Podcast:
OpenAI's Potential, Google's Speedy Model, Copilot Hits Turbulence
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Hard Fork:
Why Roomba Died + Tech Predictions for 2026 + A Hard Forkin' Xmas Song
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
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Access:
Betting on reality with Kalshi CEO Tarek Mansour
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
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Lenny's Podcast:
The new AI growth playbook for 2026: How Lovable hit $200M ARR in one year | Elena Verna (Head of Growth)
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Channels with Peter Kafka:
"Neither Side Is Used to Losing." Lucas Shaw on What's Next for Netflix and Paramount in the Battle for Warner Bros.
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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