Techmeme
September 9, 2022, 5:55 PM

Top News

Mia Sato / The Verge:
Roblox plans to add age guidelines to its games and announces a new in-game ads system for brands to advertise via interactive billboards, posters, and more  —  And it's bringing digital billboards and age guidelines to do it  —  Roblox rode a wave of pandemic-era growth to a seven-fold value increase …
Leah Nylen / Bloomberg:
The US DOJ says Google spends “enormous numbers” to be the default search engine on browsers and all US phones in its antitrust case's first substantive hearing  —  Alphabet Inc.'s Google pays billions of dollars each year to Apple Inc., Samsung Electronics Co. and other telecom giants …
Kenrick Cai / Forbes:
Sources: Stability AI, the startup behind Stable Diffusion, is in talks to raise $100M; Coatue proposed a $500M valuation and Lightspeed offered a $1B valuation  —  With the image generator Stable Diffusion, you can conjure within seconds a potrait of Beyoncé as if painted by Vincent van Gogh …
Ingrid Lunden / TechCrunch:
Amazon acquires Cloostermans, a Belgian mechatronics company that makes tech to move and stack heavy palettes as well as robotics for packaging product orders  —  Amazon has made a string of startup acquisitions over the years to build out its robotics business; now, the e-commerce leviathan …
Tonya Riley / CyberScoop:
Some ex-staff say Patreon laid off its entire cybersecurity team this week, raising user concerns; Patreon says the move will have “no impact” on its security  —  Patreon laid off its security team this week, according to several former employees, sparking cybersecurity concerns among users …
Travis M. Andrews / Washington Post:
Streaming television is going through an existential crisis as users cancel services and creators fear having their show or movie deleted on an executive's whim  —  Missing archives, less ambitious programming, higher prices: Creators and subscribers say they're seeing the fallout from television's big revolution
Anton Shilov / Tom's Hardware:
Intel reveals its Arc Alchemist desktop GPU specifications for demanding, budget, and casual gamers; the top model will have 32 Xe cores and 16GB of GDDR6 RAM  —  Specifications of Intel's A770, A750, and A580.  —  the specifications of all of its Arc Alchemist A-series discrete graphics cards for desktop PCs.
Ben Brody / Protocol:
The White House unveils six proposals for tech policy reform aimed at competition, algorithms, and safety on social platforms, and suggests Section 230 changes  —  The White House on Thursday praised “bipartisan interest in Congress in passing legislation to protect privacy” …
Jamie Crawley / CoinDesk:
FTX Ventures buys 30% of Anthony Scaramucci's SkyBridge Capital for an undisclosed amount; SkyBridge will use some of the funds to buy $40M in cryptocurrencies  —  SkyBridge will invest some of the funds into crypto assets for its balance sheet.  —  FTX Ventures, the investment arm …
Aisha S Gani / Bloomberg:
Revolut plans to launch one-click payment feature Revolut Pay, and has signed up Shopify, Prestashop, WH Smith, and Funky Pigeon  —  Revolut Ltd. is launching a one-click payment feature in a bid to rival PayPal Inc. and other tech giants at online checkouts.
More: Quiski
Carly Page / TechCrunch:
Cisco Talos: the Lazarus group exploited the Log4j flaw in VMware Horizon servers of energy providers in the US, Canada, and Japan from February to July 2022  —  Security researchers have linked a new cyber espionage campaign targeting U.S., Canadian and Japanese energy providers …
CoinDesk:

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Earlier Picks

Rob Davies / The Guardian:
Michael McSweeney / The Block:
Jess Weatherbed / The Verge:
Jeff John Roberts / Fortune: