Techmeme
August 22, 2022, 8:05 AM

Top News

Kashmir Hill / New York Times:
A father who used his Android phone to send photos of his baby's groin to a doctor says Google disabled his account after flagging CSAM and informing the police  —  Google has an automated tool to detect abusive images of children.  But the system can get it wrong, and the consequences are serious.
Lora Kolodny / CNBC:
Elon Musk says Tesla will raise the price of FSD from $12K to $15K in September when Tesla rolls out a new beta that lets drivers test features on public roads  —  - Tesla plans a 25% price increase for its premium, driver assistance system marketed in the U.S. as the Full Self-Driving, or FSD, option.
Kalley Huang / New York Times:
Find My and other location-sharing apps have become a staple in some young people's friendships, ostensibly for safety while blurring lines of privacy  —  Introduced 10 years ago, the app has slowly become a popular way to keep track of friends.  But it comes with considerable privacy concerns.
Reuters:
NSO Group CEO is stepping down as the company restructures to focus on NATO countries; source says NSO is also cutting 100 jobs out of its 750-strong workforce  —  Israeli spyware firm NSO Group said on Sunday its Chief Executive Shalev Hulio is stepping down with immediate effect …
Nikkei Asia:
SoftBank's 2021 corporate income tax was zero despite a “SoftBank tax rule” debuting in 2020 and the group reporting record profits for a Japanese company  —  TOKYO — For years, Japanese tax regulators have been grappling with a mystery that has also become their biggest headache …
Tate Ryan-Mosley / MIT Technology Review:
The demand for AR beauty filters on Instagram remains high, despite evidence of harmful effects on users' mental health and Meta's efforts to ban some filters  —  In October 2021, Facebook announced a massive pivot, changing its name to Meta and going all in on augmented and virtual reality through …
Kate Rooney / CNBC:
Leaked financials: FTX had $1.02B revenue in 2021, up from $89M in 2020; operating income grew from $14M to $272M; the US accounted for less than 5% of revenue  —  - FTX saw explosive growth last year driven by its global trading business, according to audited financials seen by CNBC.
Varsha Bansal / Wired:
Police in Delhi, India, who use facial recognition to identify protesters, say they consider 80%+ accuracy a “positive” match, raising concerns among activists  —  Police in India's capital say they only require an 80 percent accuracy rate for matches, raising new alarm bells for civil liberty advocates.
Bloomberg:
Some neobanks have struggled to uphold lofty promises to consumers as VC funding in the sector declines and traditional banks improve their tech offerings  —  Digit is a trendy financial technology company in San Francisco that offers traditional banking services online …
Financial Times:
South Korean chipmakers, historically reluctant to takes sides in the US-China rivalry, are tilting toward the US due to their dependence on Western IP and tech  —  Last December, South Korean semiconductor company Magnachip reluctantly announced the demise of its proposed $1.4bn merger …

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