Techmeme
August 14, 2022, 11:25 PM

Top News

Emma Roth / The Verge:
Uber plans to end its free loyalty program Uber Rewards on November 1, 2022, to focus on its new Uber One membership program for $10 per month or $100 per year  —  You have until October 31st to spend your leftover Uber Rewards points  —  Uber is ending its free loyalty program, Uber Rewards …
Mark Gurman / Bloomberg:
Sources: Apple ads team lead Todd Teresi is now reporting directly to Eddy Cue and wants to increase the group's ad revenues from $4B a year to double digits  —  Apple is set to expand ads to new areas of your iPhone and iPad in search of its next big revenue driver.
Yogita Khatri / The Block:
Dutch authorities arrest a Tornado Cash developer suspected of involvement in concealing money laundering, two days after the US sanctioned the crypto mixer  —  - The Tornado Cash developer arrested by Dutch authorities on Wednesday is Alexey Pertsev, his wife has confirmed to The Block.
Kyle Wiggers / TechCrunch:
Stable Diffusion, a DALL-E 2-like system now available to 1K+ researchers, raises tricky ethical questions by allowing depictions of public figures and more  —  DALL-E 2, OpenAI's powerful text-to-image AI system, can create photos in the style of cartoonists, 19th century daguerreotypists, stop-motion animators and more.
David McCabe / New York Times:
A look at the growing bipartisan scrutiny of TikTok in the US; email: House officials told staff they did not recommend using the app, citing security concerns  —  National security concerns over the Chinese-owned viral video app remain unresolved.  Lawmakers and regulators are increasingly pushing for action.
Kyle Wiggers / TechCrunch:
New York City-based Kumospace, which offers video chat and remote work tools with a “virtual office” feel, has raised a $21M Series A led by Lightspeed  —  After more than two years of remote work, many employees have no interest in returning to the office — at least not without good reason.
Chris Metinko / Crunchbase News:
Brooklyn-based Overtime, which shares original sports content on social media, raised a $100M Series D at a $500M valuation, bringing its total funding to $250M  —  Sports league startup Overtime closed a $100 million Series D valuing the company at $500 million.
Paresh Dave / Reuters:
Apple updated its employee conduct policy ~2 years ago to prohibit discrimination on the basis of caste, making it a leader in tech on the issue alongside IBM  —  America's tech giants are taking a modern-day crash course in India's ancient caste system, with Apple (AAPL.O) …
Kurt Wagner / Bloomberg:

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