Techmeme
August 21, 2022, 8:35 PM

Top News

Kashmir Hill / New York Times:
A dad who sent Android photos of his baby's groin to a doctor says Google disabled his account and police probed him after Google flagged the photos as CSAM  —  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 price of FSD will rise from $12K to $15K in September when Tesla rolls out Beta 10.69.2, which lets drivers test new 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.
Laura Cooper / Wall Street Journal:
Sources: Amazon is among the bidders for Signify Health, which is for sale in an auction that could value the home-health services provider at well over $8B  —  The home-health services provider is for sale in an auction that could value the company at well over $8 billion.
Zeyi Yang / MIT Technology Review:
An overview of electronic design automation software used for designing chips, as the US Commerce Department announces export controls on certain EDA tools  —  The US has moved to restrict export of EDA software.  What is it, and how will the move affect China?
Gary Gensler / Wall Street Journal:
SEC chair says recent market events show why it is critical for companies offering crypto lending to comply with federal securities laws to protect investors  —  Securities laws that protect investors continue to apply even when new technologies come along.  —  WSJ Opinion: Hits and Misses of the Week
Kate Rooney / CNBC:
Leaked financials: FTX had revenue of $1.02B in 2021, up from $89M in 2020; operating income grew from $14M to $272M; 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.
Ryan Naraine / SecurityWeek:
TXOne Networks, which builds and sells tech for securing industrial IoT environments, has raised a $70M Series B led by TGVest Capital  —  TXOne Networks, a joint venture between cybersecurity firm Trend Micro and industrial networking solutions provider Moxa, has banked $70 million in new venture capital funding.

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