Techmeme
September 1, 2022, 12:50 AM

Top News

Max A. Cherney / Protocol:
Nvidia and AMD say the US imposed export restrictions on chips used for AI applications to Russia and China, affecting chips like Nvidia's A100 and AMD's MI200  —  The U.S. has begun to impose fresh restrictions on exports of advanced chips necessary for AI-related applications to Russia and China …
Alex Heath / The Verge:
Internal memo: Meta is setting up a New Monetization Experiences division to identify and build “possible paid features” for Facebook, Instagram, and WhatsApp  —  A new team will be tasked with building paid experiences across Meta's apps  —  Meta is setting up a product organization …
Rich Woods / XDA Developers:
Lenovo unveils the ThinkPad X1 Fold Gen 2 with Intel 12th Gen processors, a 16.3" foldable OLED display with 600 nits, available in November 2022 from $2,499  —  Today, Lenovo is announcing the ThinkPad X1 Fold Gen 2, a product that's been a long time in the making.
Reuters:
Arm sues Qualcomm and its subsidiary Nuvia for breach of license agreements and trademark infringement, asking Qualcomm to destroy all associated chip designs  —  Chip technology firm Arm Ltd, which is owned by Softbank Group Corp (9984.T), said on Wednesday it has sued Qualcomm Inc (QCOM.O) …
Corin Faife / The Verge:
Joseph Cox / VICE:
After an outcry over serving anti-trans stalking forum Kiwi Farms, Cloudflare says denying security services due to “despicable” content is the wrong policy  —  The company has faced mounting pressure to stop providing security services to Kiwi Farms, whose users regularly dox and stalk trans people.
Adam Morgan McCarthy / The Block:
Albania police arrest Faruk Fatih Özer, the CEO of defunct Turkish crypto exchange Thodex who is accused of a rug pull; Thodex's losses may be as high as $2.52B  —  - Faruk Fatih Özer, the former Thodex CEO who is accused of rug pull, was arrested in Albania and is facing extradition to Turkey.
Alex Heath / The Verge:
Memo: on top of cutting ~20% of its staff, Snap cancels its original shows, in-app games, and Zenly and Voisey apps; the layoffs could save $500M annually  —  Snapchat's original shows, in-app games, and camera drone are no more  —  Snap is laying off around 20 percent of its more than 6,400 employees …
Nelson Wang / CoinDesk:
DC's AG sues Michael Saylor and MicroStrategy, alleging he evaded $25M+ in taxes by claiming to live in Florida or Virginia and the firm conspired to help him  —  The attorney general's office is also suing the business software company for allegedly helping him evade taxes on his earnings in the district.
Chris Scullion / Video Games Chronicle:
Sony and Tencent's Sixjoy acquire 14.09% and 16.25% of Elden Ring game studio FromSoftware, respectively; FromSoftware's parent company Kadokawa retains 69.66%  —  FromSoftware says the investment may help it publish games globally - Elden Ring studio FromSoftware has announced …
ProPublica:
An investigation details an Instagram verification scheme using fake profiles on Spotify, Apple Music, Deezer, and more; Meta removes badges from 300+ accounts  —  To his more than 150,000 followers on Instagram, Dr. Martin Jugenburg is Real Dr. 6ix, a well-coiffed Toronto plastic surgeon posting images …

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Earlier Picks

Monica Chin / The Verge:
Will Oremus / Washington Post:
Bloomberg:
Mat Di Salvo / Decrypt:
Simon Sharwood / The Register: