Techmeme
September 8, 2022, 6:35 PM

Top News

Michael McSweeney / The Block:
A White House report proposes outright restrictions on proof-of-work mechanisms if US crypto mining companies fail to reduce the industry's environmental impact  —  - The White House encouraged a broad policy push to reduce greenhouse gas emissions and urged the use of clean energy by U.S. crypto mining companies.
Andrew Ackerman / Wall Street Journal:
SEC Chair Gary Gensler signals he would support Congress giving the CFTC authority to oversee and regulate bitcoin and ether, if the SEC can retain its power  —  Former CFTC chief says he could back giving agency oversight of nonsecurity tokens  —  WASHINGTON—Securities …
Washington Post:
The Verge:
iPhone 14 Pro and iPhone 14 Pro Max hands-on: iPhone 13 Pro design without the notch, thanks to the playful Dynamic Island; the always-on display looks great  —  A first look at the new always-on display, camera, and more  —  Apple just announced the iPhone 14 Pro and iPhone 14 Pro Max.
Sami Fathi / MacRumors:
Geekbench's test score reveals the iPhone 14 Pro's A16 chip, built on a 4nm process, is marginally faster than the iPhone 13 Pro's A15, built on a 5nm process  —  A Geekbench score for the iPhone 14 Pro with the new A16 Bionic chip has revealed little performance improvement compared to the iPhone 13 Pro from last year.
Filipe Espósito / 9to5Mac:
Laurene Powell Jobs, Jony Ive, and Tim Cook partner to launch the Steve Jobs Archive, a website featuring emails, videos, and historical materials tied to Jobs  —  CodeCon 2022 held an interview with Apple CEO Tim Cook, former design chief Jony Ive, and Laurene Powell Jobs on Wednesday.
The Verge:
Tim Cook dismisses Apple adopting RCS in iMessage and suggests that a questioner at Code buy their mom an iPhone to end green bubbles and fuzzy videos  —  Asked about RCS support in iMessage, Apple's CEO said users aren't asking for it  —  Apple CEO Tim Cook dismissed the idea …
Thomas Ricker / The Verge:
Apple Watch Ultra's app ecosystem challenges Garmin, which dominates the $699+ premium active wearables market, and its usability could erode Garmin's position  —  Apple begins slow-rolling its way onto Garmin's lucrative turf  —  I had a funny feeling watching yesterday's announcement …
Victoria Song / The Verge:
Katie Notopoulos / BuzzFeed News:
Apple's video montages for the new Watch and iPhone 14 safety features, like satellite emergency calling and car crash detection, are ominous and unsettling  —  The newly unveiled Watch and iPhone 14 features — car crash detection, satellite emergency calling, extreme weather — all seem a little ominous.
Jeff John Roberts / Fortune:
Six people, including Coinbase employees and prominent crypto developers, sue the US Treasury, Janet Yellen, and officials in Texas over Tornado Cash sanctions  —  Six users of Tornado Cash, a popular decentralized cryptocurrency service, filed a lawsuit on Thursday against the U.S. Treasury Department …
CoinDesk:
Chainalysis says it helped the US government recover about $30M stolen from Axie Infinity by the North Korea-linked hackers Lazarus Group earlier in 2022  —  Hackers stole over $600 million from Axie earlier this year.  —  Crypto analytics firm Chainalysis announced Thursday it helped …
Jess Weatherbed / The Verge:
Google adds accessibility and productivity features to Android, including a Nearby Share feature to automatically accept transfers between users' own devices  —  Oh, and you can stick Bitmoji on your watch, too  —  Android is introducing a clutch of new features to improve accessibility …
Jeff Horwitz / Wall Street Journal:
Meta disbands its Responsible Innovation team set up to address concerns about its products' downsides, but says the company remains committed to the same goals  —  Group was put in place to address potential downsides of the company's products; Meta says efforts will continue
Ryan Weeks / The Block:
Mysten Labs, creator of the yet-to-launch Sui blockchain, raised a $300M Series B led by FTX at a $2B+ valuation; all five founders worked in Meta's crypto unit  —  - Mysten's Series B round values the company at over $2 billion, giving investors equity and token warrants.
Arjun Kharpal / CNBC:
Reuters:
Apple partners with satellite company Globalstar on Emergency SOS, agreeing to pay 95% of the approved capital expenditure to deploy new Globalstar satellites  —  Apple Inc (AAPL.O) on Wednesday selected Globalstar Inc (GSAT.A) as its partner for a feature that would allow iPhone 14 users …
Kate Clark / The Information:
Bessemer Venture Partners raised $4.6B for two funds in August 2022: $3.85B for young startups, its biggest fund to date, and $780M for private equity buyouts  —  Venture capitalists aren't striking many deals with tech founders these days.  Initial public offerings are nonexistent …
Rob Davies / The Guardian:
UK-based Darktrace's stock falls 32.47% after US private equity firm Thoma Bravo ends bid interest in the scandal-hit AI and cybersecurity company  —  Private equity firm Thoma Bravo ends bid interest in scandal-hit British AI and cybersecurity firm  —  Shares in Darktrace …
More: PYMNTS.com
Jesse Hamilton / CoinDesk:
Source: the US Treasury will advise the federal government to issue a digital dollar if the Biden administration and Congress deem it in the “national interest”  —  The Treasury Department, in what may be its most important recommendation spurred by President Joe Biden's executive order …

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Wall Street Journal:
Peter Kafka / Vox: