Techmeme
August 17, 2022, 2:10 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple is aiming to hold an online event on September 7 to unveil the iPhone 14 line; the phones are expected to be released on September 16  —  Apple Inc. is aiming to hold a launch event on Sept. 7 to unveil the iPhone 14 line, according to people with knowledge of the matter …
Bloomberg:
Nick Clegg shares Meta's plans to help secure the US midterms, building on Meta's 2020 policies, like restricting new political ads one week prior to the vote  —  After years of revising and updating its election strategy, Meta Platforms Inc. is pulling out a familiar playbook for the US midterms …
Politico:
Sisi Jiang / Kotaku:
Former Nintendo female contract testers in the US describe years of sexual harassment, gender discrimination, and a lack of advancement opportunities for women  —  Female game testers at Nintendo had ‘frat house’ experiences within a gaming company known for its wholesome image
Adam Morgan McCarthy / The Block:
Genesis Trading CEO Michael Moro steps down after six years and the company will cut 20% of its staff, following huge losses from a loan to Three Arrows Capital  —  - Genesis Trading CEO Michael Moro is set to leave the firm after seven years; just over six were spent as CEO.
Nikkei Asia:
Sources: Apple is in talks with its suppliers to mass produce Apple Watch and MacBooks in Vietnam for the first time  —  Country benefits as tech giant looks to build more products outside of China  —  TAIPEI — Apple is in talks to make Apple Watches and MacBooks in Vietnam for the first time …
TechCrunch:
TikTok makes its Elections Center available in the US, offering state-by-state info ahead of the midterms, and details its misinformation policies  —  TikTok announced its midterms Elections Center will go live in the app in the U.S. starting today, August 17, 2022, where it will be available …
Alex Barker / Financial Times:
Ofcom: in the UK, those aged 15-24 spent 57 minutes/day on TikTok in 2021, compared to 53 minutes/day watching TV; those 65 or over spent six hours watching TV  —  Ofcom survey points to challenges for traditional broadcasters in keeping pace with digital and streaming trends
Will Knight / Wired:
Google says it is using its most powerful large language model PaLM to help robots from Alphabet X spinout Everyday Robots understand complex human commands  —  The machine learning technique that taught notorious text generator GPT-3 to write can also help robots make sense of spoken commands.
Emma Roth / The Verge:
WhatsApp launches a native app for Windows out of beta, usable without linking a phone; WhatsApp is currently working on a native macOS app  —  You no longer need to connect your phone  —  WhatsApp's new app on Windows no longer requires you to link your phone to send, receive, and sync messages.
Brayden Lindrea / Cointelegraph:
Report: Alphabet invested ~$1.5B in blockchain companies between September 2021 and June 2022, the most by any public company, followed by BlackRock with $1.17B  —  Other notable corporate investors include BlackRock, Morgan Stanley, Samsung, and Goldman Sachs, according to a report from Blockdata.
Jessica Bursztynsky / Fast Company:
Airbnb introduces “anti-party technology” in the US and Canada to automatically block reservations at a high risk of leading to unauthorized parties  —  Airbnb is piloting new anti-party technology in the U.S. and Canada in its ongoing efforts to fend off users who are looking …
Richard Waters / Financial Times:
After booming demand during the pandemic and a rapid inventory build-up in 2022, Intel, Nvidia, SMIC, and TSMC face a sudden downturn, perplexing analysts  —  After dealing with booming demand and global shortages since the start of the pandemic, the semiconductor industry is facing a sudden downturn.
Sam Kim / Bloomberg:
Sebastian Herrera / Wall Street Journal:
Source: Amazon is testing a feature, reportedly called Inspire, in its app that would show users a TikTok-style feed of product photos and videos  —  Beta feature is being assessed internally by employees, could eventually be launched more broadly  —  Even Amazon.com Inc. AMZN -2.60%▼ wants to be a little like TikTok.
Justina Lee / Bloomberg:
Study: before 10%-25% of Coinbase listings since 2018, some traders on decentralized exchanges bought more of those tokens, hinting at insider trading  —  The US charge against a former Coinbase Global Inc. employee may not be the only instance of insider trading at the cryptocurrency exchange, according to a new study.
Taylor Hatmaker / TechCrunch:
Reddit announces a developer portal, offering tools and other resources to build third-party extensions and bots, currently in beta  —  Any Redditor knows that the best thing about Reddit is bearing witness to the strange and occasionally brilliant stuff that the community itself comes up with …
Darren Parkin / City A.M.:
The UK's FCA registers Singapore-based Crypto.com, letting the exchange conduct “certain crypto asset activities” starting August 16, 2022  —  Digital asset exchange Crypto.com has been granted a licence to operate in the UK by the Financial Conduct Authority.
Taylor Lorenz / Washington Post:
Timbaland and Swizz Beatz sue Triller, alleging the short-form video app owes them $28M+ after acquiring live-streaming music series Verzuz and missing payments  —  Triller bought music series Verzuz for an undisclosed sum in January 2021.  Now its creators say they're still owed money.

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David Pan / Bloomberg:
Eric Jardine / Chainalysis: