Techmeme
March 30, 2022, 7:50 PM

Top News

Washington Post:
Meta paid Republican consulting firm Targeted Victory for a campaign to paint TikTok as a danger to the US, including placing op-eds in regional news outlets  —  Facebook parent company Meta is paying one of the biggest Republican consulting firms in the country to orchestrate …
William Turton / Bloomberg:
Sources say Apple and Meta gave user data to hackers in response to forged Emergency Data Requests; Discord said it had also fulfilled a forged legal request  —  Apple Inc. and Meta Platforms Inc., the parent company of Facebook, provided customer data to hackers who masqueraded as law enforcement officials …
Mark Gurman / Bloomberg:
Sources: Apple is planning to expand its financial services by adding payment processing, lending risk assessment, credit checks, fraud analysis, and more  —  Apple Inc. is developing its own payment processing technology and infrastructure for future financial products …
Juli Clover / MacRumors:
Apple now lets “reader” apps link to websites for creating or managing user accounts, after the company gives access to an External Link Account Entitlement  —  Apple today informed developers of “reader” apps that they are able to sign up for access to an “External Link Account Entitlement” …
Bloomberg:
Sky Mavis COO Aleksander Larsen says the company is “fully committed to reimbursing” Axie Infinity players who lost funds and is “still working on a solution”  —  The company behind the popular Axie Infinity crypto game said it will reimburse online participants …
Andrew J. Hawkins / The Verge:
Waymo plans to offer fully autonomous rides in San Francisco, without a human safety driver, as part of a growing test, and expands its service area in Arizona  —  The company is also expanding its service area in Phoenix  —  Waymo plans to start offering rides in its fully autonomous vehicles …
Mitchell Clark / The Verge:
Google adds more Markdown support to Docs on the web, letting users format documents using text shortcuts, off by default, as part of its autocorrect feature  —  ## An alternative to keyboard shortcuts  —  Google is adding Markdown support to Google Docs on the web, letting you format …
Manish Singh / TechCrunch:
WhatsApp says its users send 7B voice messages daily on average and adds a waveform visualization, pause/resume, draft preview, out of chat playback, and more  —  Like most smartphone users in India, I use WhatsApp a lot.  But I have never sent anyone a voice message — ever.  Turns out, others do.
James Cridland / Podnews:
Carly Page / TechCrunch:
IT and software developer Globant says its code repo was partially breached, after Lapsus$ shared 70GB of allegedly stolen data; Globant's stock closed down 10%  —  Just days after police in the U.K. arrested seven people over suspected connections to the now-infamous hacking and extortion group, Lapsus$ is claiming its latest victim.
Financial Times:
Sources: Arm plans to transfer shares from its China joint venture, which it failed to control and audit for two years, to SoftBank, to speed up a New York IPO  —  Shifting stake in chip designer's joint venture to a SoftBank special purpose vehicle would ease New York flotation
Ron Amadeo / Ars Technica:
Duncan Riley / SiliconANGLE:
Nova Labs, formerly Helium, a network of 500K+ cryptocurrency-mining hotspots offering p2p networking, confirms it raised a $200M Series D at a $1.2B valuation  —  Decentralized wireless communication startup Helium Inc. today announced a change of name to Nova Labs Inc. and confirmed …
Gilad Edelman / Wired:
A look at the ECASH Act, which would direct the US Treasury to pilot digital dollars that would be stored on hardware and not on a distributed blockchain ledger  —  If you want the privacy of paper money, you need something that leaves no paper trail.  —  When you hear the phrase “digital cash,” what comes to mind?
Kul Bhushan / Tech in Asia:
India-based social commerce startup Citymall, which targets consumers in Tier 2, 3, and 4 towns, raises a $75M Series C led by Norwest Venture Partners  —  Citymall, an India-based social commerce startup, has raised US$75 million in a series C round led by Norwest Venture Partners.
New York Times:
Sources detail the internal confusion among Meta moderators and employees over how to enforce rapidly shifting content rules during Russia's invasion of Ukraine  —  The rules over what war content is permitted on Facebook and Instagram keep changing, causing internal confusion.
Nate Raymond / Reuters:
A judge invalidates Massachusetts' fiduciary duty rule against Robinhood that underlies a 2020 suit accusing the firm of encouraging users to place risky trades  —  A Massachusetts judge on Wednesday dealt state securities regulators a major setback in their enforcement action …

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Emily Nicolle / Bloomberg:
Malique Morris / The Information:
Madhumita Murgia / Financial Times:
Wall Street Journal: