Techmeme
May 20, 2022, 9:00 AM

Top News

Rich McHugh / Insider:
Docs: SpaceX paid $250K to settle a flight attendant's allegation that Elon Musk exposed himself and offered a horse in exchange for an erotic massage in 2016  —  - A flight attendant for SpaceX said Elon Musk asked her to “do more” during a massage, documents show.
Mark Gurman / Bloomberg:
Sources: Apple executives previewed the upcoming mixed reality headset to the company's board last week; Apple ramped up reality OS development in recent weeks  —  Apple Inc. executives previewed its upcoming mixed-reality headset to the company's board last week, indicating that development …
Robert Gillies / Associated Press:
Canada joins its intelligence allies in banning carriers from using Huawei and ZTE equipment for the country's 5G network, after a delay of over three years  —  TORONTO (AP) — Canadian Prime Minister Justin Trudeau's government has decided to ban China's Huawei Technologies from Canada's next-generation mobile networks.
Sean Hollister / The Verge:
Qualcomm unveils the Snapdragon 8 Plus Gen 1, says it will offer 10% faster CPU performance, 10% faster GPU clocks, and have up to 30% better power efficiency  —  Bragging rights (and battery life?) for gaming phones  —  Qualcomm's Snapdragon 8 Gen 1 set the stage for the biggest Android smartphones …
Timothy Craig / Crypto Briefing:
YC-backed DeFi startup Stablegains faces a lawsuit after losing $44M of users' funds by investing them in UST, after earlier claiming it was investing in USDC  —  Stablegains has been accused of misleading customers about where their money was going.  —  Key Takeaways
Bloomberg:
Sources: at an all-hands, Twitter's top lawyer Vijaya Gadde said there is “no such thing as a deal being on hold” and execs said Musk's deal is moving forward  —  Twitter Inc. executives told employees on Thursday that the $44 billion deal to sell the company to billionaire Elon Musk …
The Information:
Sources: Coinbase is pausing new projects, freezing hiring, cutting costs, and giving staff more stock grants after its stock fell 75%+ in the past six months  —  Cryptocurrency trading firm Coinbase, whose revenue has shrunk amid a downturn in the sector, is pausing new business projects …
Alex Heath / The Verge:
A Meta executive told employees to stop discussing abortion on Workplace, citing “an increased risk” that the company is seen as a “hostile work environment”  —  Employees say the stance runs counter to Meta policies on discussing Black Lives Matter and trans rights
Twitter:
Twitter announces a crisis misinformation policy, including adding a warning to highly visible tweets with misleading information and disabling engagement  —  Around the world, people use Twitter to find reliable information in real time.  During periods of crisis - such as situations of armed conflict …
Joseph Cox / VICE:
In a policy shift, the US Department of Justice plans to stop prosecuting good-faith security research that would have violated the Computer Fraud and Abuse Act  —  The new policy addresses decades of uncertainty around the law and security research.  —  Joseph Cox
Tonya Riley / CyberScoop:
FTC warns edtech companies to not use children's data for ads and other commercial purposes without parental consent, saying it will “vigilantly enforce” COPPA  —  The Federal Trade Commission voted 5- on Thursday to issue a policy statement warning education tech companies …

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