Techmeme
August 22, 2022, 11:10 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.
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 …
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.
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 …
Kyle Wiggers / TechCrunch:
Computer Services, which offers payment processing and compliance tools, agrees to be acquired by Centerbridge and Bridgeport for $1.6B in cash  —  Showing that the regtech industry remains robust to economic headwinds, private equity firms Centerbridge Partners and Bridgeport Partners today announced plans …
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 …
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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