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.
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.
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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Zeyi Yang / MIT Technology Review:
Gary Gensler / Wall Street Journal:

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