Techmeme
July 25, 2022, 3:30 PM

Top News

Yueqi Yang / Bloomberg:
Court filing: Voyager says FTX and Alameda's restructuring proposal is “a low-ball bid dressed up as a white knight rescue” that disrupts its bankruptcy process  —  Crypto platform Voyager Digital LLC said a joint offer proposed by FTX and Alameda is a “low-ball bid” …
Dylan Martin / The Register:
Intel plans to manufacture chips for Taiwanese chip designer MediaTek, the first major customer for Intel Foundry Services; MediaTek will continue to use TSMC  —  This will be the x86 giant's first major foundry customer  —  Intel will manufacture chips for Taiwanese chip designer MediaTek …
Bloomberg:
China forces 100 companies operating in Shenzhen, including Foxconn, Huawei, and ZTE, to operate in a “closed loop” for seven days to combat a COVID-19 outbreak  —  China has forced some of its biggest companies, including iPhone maker Foxconn and oil producer CNOOC Ltd. …
Joseph Cox / VICE:
Internal docs from 2017 show Roblox's plan for expanding into China: censorship compliance, expecting to be hacked and copied by partners like Tencent, and more  —  Filtering games.  Blocking maps with Taiwan.  Handling “historical facts.”  Roblox was prepared to go all in on Chinese censorship …
Bloomberg:
Apple announces a rare retail discount in China between July 29 and August 1 for the iPhone 13 Pro series, select AirPods, and some Apple Watch models  —  Apple Inc. announced a rare retail promotion in China on Monday, offering four days of discounts on its top-tier iPhones and related accessories …
Filipe Espósito / 9to5Mac:
Netflix rolls out a button for iOS and iPadOS that takes users directly to its website to sign up, avoiding Apple's App Store cut via the API for “reader apps”  —  Earlier this year, Apple began allowing “reader” apps to provide external links for customers so they can log …
Oliver Knight / CoinDesk:
Layer 1 blockchain Aptos has raised a $150M Series A led by FTX Ventures and Jump Crypto, bringing its total funding, all in 2022, to $350M  —  The team is looking to bring the Diem blockchain back to life.  —  Layer 1 blockchain Aptos Labs, which is made up of former employees …
Taylor Lorenz / Washington Post:
Creators are turning to chat apps like Discord and Geneva to build communities, which they say offer a more intimate experience than traditional social networks  —  Influencers are setting up groups on chat apps, like Geneva, Discord and Telegram, which they say offer a more intimate …
Yogita Khatri / The Block:
Bitfinex and Tether partner with P2P infrastructure developer Hypercore to launch the Holepunch protocol and P2P encrypted video calling app Keet in alpha  —  - Bitfinex and Tether have launched Keet: a peer-to-peer video calling app.  — The two companies have invested $10 million to date …
Wall Street Journal:
A look at China's efforts to grow its chip industry by focusing on the lower end, now in the highest demand, such as microcontrollers and power supply chips  —  Chip makers boost production of mature semiconductors now in high demand, which could add to their global influence

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Lucy Craymer / Reuters: