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September 15, 2022, 1:35 PM
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| Bloomberg: |
Adobe plans to acquire UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE drops 15%+ — Adobe Inc. agreed to buy software design startup Figma Inc. in a deal valued at about $20 billion in a bid to expand its suite of creative tools for professionals.
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Adobe Press Releases, Figma, The Verge, TechCrunch, PCMag, Wall Street Journal, PYMNTS.com, The Information, Reuters, TechCrunch, Bloomberg, CNBC, Daring Fireball, Greylock, Forbes, Thurrott, Engadget, DEVCLASS, PetaPixel, Protocol, Slashdot, Pixel Envy, AppleInsider, WRAL TechWire, BigTechWire, Patently Apple, Livemint, Tomasz Tunguz, MobileSyrup, Neowin, Barron's Online, Financial Times, Axios, MSPoweruser, and Index Ventures
Tweets: @zoink, @litcapital, @joshm, @tomwarren, @gergelyorosz, @cynthialive, @sbisson, @kenneynl, @adobe, @leyeconnect, @jaminball, @notdetails, @gk3, @tomwarren, @levie, @mrdoob, @stammy, @cartunenetwerk, @balajis, @rubenharris, @rga, @juanbuis, @kwharrison13, @hyumankind, @gergelyorosz, @nikitabier, @jevon, @gergelyorosz, @ricmac, @mrdoob, @mamoonha, @uxwendy, @leeloowrites, @katie_roof, @alurdesign, @semil, @om, @om, @mamoonha, @hunterwalk, @reichenstein, @reichenstein, @reichenstein, @joepwilliams31, @noupside, @katie_roof, @greylockvc, @reichenstein, @bigmeaninternet, @ashleymayer, @hunterwalk, @siderro, @mdudas, @sarthakgh, @ncresq, @benedictevans, @zoink, @ampressman, @jowyang, @scottbelsky, @joshuatopolsky, @mordorinc, @charliprangley, @kenwattana, @ulonnaya, @villi, @chrismessina, @techau, @wongmjane, @arainert, @gavinsbaker, and @gavinsbaker
| Taylor Hatmaker / TechCrunch: |
In a US Senate committee hearing, Meta, YouTube, TikTok, and Twitter executives defended their platforms and dodged security, privacy, and moderation questions — Executives from four of the biggest social media companies testified before the Senate Homeland Security Committee Wednesday …
More:
US SCHSGA, Slate, South China Morning Post, New York Times, YouTube, Tubefilter, CyberScoop, Bloomberg, and The Daily Dot
| Casey Newton / Platformer: |
TikTok and ByteDance's links to China mean wrongdoing will be punished more harshly in the US than Meta and Twitter, no matter how “transparent” the company is — In new testimony to Congress, the company faces stern questions on China — Ever since TikTok became …
More:
CNN, Wall Street Journal, Forbes, Protocol, and Gizmodo
Tweets: @brendancarrfcc, @tonicowanbrown, @gergelyorosz, @adam_k_levin, @adamkovac, and @hilaryr
| Mike Truppa / The Block: |
Ethereum activates its long-awaited Merge upgrade, in development since 2020, and transactions are now being processed under proof of stake — - The Merge upgrade is transitioning Ethereum from proof of work to proof of stake. — The Merge is one of the largest technological events in the industry to date.
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CoinDesk, New York Times, Ars Technica, MIT Technology Review, The New Stack, CNET, CNN, The Verge, Decrypt, SiliconANGLE, The Verge, TechCrunch, Windows Central, Financial Times, Bloomberg, New York Times, Bloomberg, CoinDesk, Financial Times, Cointelegraph, Wall Street Journal, The Block, Fortune, Engadget, Gizmodo, and Crypto Daily
Tweets: @vitalikbuterin, @koeppelmann, @cirrusnft, @vitalikbuterin, @cz_binance, @beeple, @vitalikbuterin, @vanityblocks, @hasufl, @saylor, @robustus, @hasufl, @cryptohayes, @ercwl, @lopp, @robustus, @hosseeb, @balajis, @trustlessstate, @kaiynne, @ryansadams, @trustlessstate, @matthuang, @digieconomist, @el33th4xor, @cobie, @petermccormack, @yugalabs, @preston_vanloon, @fintechfrank, @olimpiocrypto, @ryansadams, @0xtransition, @lhm1, @evanluthra, @jomaoppa, @kanavkariya, @coinmamba, @ljxie, @rauljordaneth, @tobi, @crypto, @alex, @ayamiyagotchi, @ercwl, @davidgerard, @0xhustler, @econoar, @dimahledba, @altcoinpsycho, @punk6529, @viktorbunin, @cennydd, @ryansadams, @buchmanster, @dappradar, @punk6529, and @ethereumjesus
| Victoria Song / The Verge: |
Apple Watch Series 8 review: watchOS 9, crash detection, and temperature sensors are excellent, but needs daily charging and the update is fairly incremental — ... don't upgrade … The concept, made famous by Toyota, means continuous improvement.
More:
CNET, TechCrunch, Engadget, Wall Street Journal, TheStreet, 9to5Mac, Engadget, AppleInsider, MacRumors, CNBC, Cult of Mac, YouTube, Pocket-lint, Gizmodo Australia, MobileSyrup, iClarified, and BGR
Tweets: @vicmsong, @reckless, @lisaeadicicco, @nicnguyen, @alicedkc, @jetscott, @nicnguyen, and @nicnguyen
| Amanda Silberling / TechCrunch: |
TikTok rolls out Now, a BeReal-like feature, to its app in the US, with daily prompts to capture a 10-second video or a photo using both front and back cameras — TikTok launched a new feature today that is basically just a copy of BeReal, the buzzy French social app that's been steadily gaining popularity.
More:
TikTok, Bloomberg, Insider, Engadget, The Verge, 9to5Mac, Adweek, KnowTechie, PetaPixel, and Memeburn
Tweets: @taylorlorenz, @tiktokcomms, @carnage4life, @cityofthetown, @mattnavarra, @biblegirl222, and @asilbwrites
| Financial Times: |
Sources: alongside the UK's CMA, the EU is expected to launch an in-depth investigation into Microsoft's $75B Activision bid due to size and competition fears — Regulators in Brussels expected to follow CMA with plans for prolonged competition investigation
More:
GamesIndustry.biz, Game Developer, HotHardware, CNN, TechCrunch, IGN, Eurogamer.net, Pure Xbox, Video Games Chronicle, Wall Street Journal, Bloomberg, TechSpot, ExchangeWire.com, and TrueAchievements
Tweets: @riptari and @tomwarren
| Alex Battaglia / Eurogamer.net: |
A review of Intel's pre-release AI upscaling tech XeSS, used in its new Arc A770 GPU, shows competitive results against Nvidia's slightly older DLSS — A strong start for a new, more open AI upscaler. — Face-off by Alex Battaglia Video Producer, Digital Foundry
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YouTube, Windows Central, XDA Developers, and Tom's Hardware
| Heather Somerville / Wall Street Journal: |
Research: Chinese investment in US VCs reached ~$880M in 2022, the second-highest level in 12+ years; China-linked groups invested $4B+ in US VCs since 2010 — New report shows 2022 on pace to be one of the strongest years for investment despite tensions between the two countries| Charles Hutzler / Wall Street Journal: |
More:
South China Morning Post, Associated Press, The White House, New York Times, and Nikkei Asia. Tweets: @ericnewcomer
| Sarah Perez / TechCrunch: |
Google cancels seven out of 14 projects in its Area 120 incubator, including Qaya, which offered storefronts for creators, and shifts to only AI-first projects — Google CEO Sundar Pichai, speaking at the Code Conference last week, suggested the tech company needed to become 20% more efficient … | Mariella Moon / Engadget: |
Snap makes Snapchat for Web available to all users globally, including support for video calls, releases iOS 16 lock screen widgets, and more — Snapchat's messaging and video chat features first made their way to browsers back in July, but only in select markets and for Snapchat+ subscribers.
More:
Snap Newsroom, TechCrunch, MacRumors, TechCrunch, XDA Developers, The Verge, and 9to5Mac
Tweets: @tacolamp, @samifathi_, @mattnavarra, and @mattnavarra
| Adi Robertson / The Verge: |
Meta's Oversight Board says the company should be more careful with automated moderation and criticizes removing a cartoon depicting police violence in Colombia — Meta's Oversight Board says the company should be more careful with automated moderation tools, criticizing it for removing a cartoon depicting police violence in Colombia.| Natasha Lomas / TechCrunch: |
EU lawmakers propose the Cyber Resilience Act, a new set of rules for IoT and smart device makers to bolster cybersecurity or face fines — European Union lawmakers have proposed a new set of product rules to apply to smart devices that's intended to compel makers of Internet-connected hardware … | CNBC: |
Research details Amazon's post-pandemic shrinking US warehouse footprint: 21 facilities have closed, 21 are canceled, and 27 are delayed or on hold — - Amazon is closing, canceling or delaying warehouses across the U.S. after its pandemic expansion left it with too much space.
Tweets: @mattrosoff
| Melissa Repko / CNBC: |
Walmart launches a virtual try-on tool to let shoppers see how a shirt, dress, or another clothing item would look on their own bodies without visiting a store — - Walmart is launching a virtual try-on tool to help shoppers see how a shirt, dress or another clothing item would look on their own body.| Stephanie Murray / The Block: |
Coinbase updates its app to let US users see a scorecard that evaluates members of Congress on crypto policy issues, register to vote, and find political events — - Coinbase is getting political: The exchange added new app features to help users evaluate lawmakers, register to vote and find political events.
More:
Decrypt, CoinDesk, Crypto Daily, Web3 is going just great, and Coinspeaker
Tweets: @brian_armstrong, @katieharbath, @ideafaktory, @sandeepnailwal, @om, @quinnypig, @danielmunro, @etbrooking, @yoda, @joshuasteinman, and @novogratz
| Spencer Soper / Bloomberg: |
Amazon announces a Tailored Audiences tool, coming to all US sellers in early 2023, which will let brands and merchants send marketing emails to shoppers — Amazon.com Inc. will let brands and merchants send marketing emails to shoppers, a risky bid to boost sales that could inundate inboxes with spam.
More:
About Amazon, TechHive, Amazon Selling Partner Blog, TechCrunch, MarTech, and ChannelX
| Patrick Kennedy / ServeTheHome: |
Arm unveils Neoverse V2, its next-gen core for pushing cloud, hyperscale, and HPC performance workloads, which is set to power Nvidia's upcoming Grace CPU — Today Arm announced its next-generation cores for higher performance per core applications. Dubbed the Arm Neoverse V2 or “Demeter” … | Hannah Lang / Reuters: |
The US Consumer Financial Protection Bureau plans to start regulating BNPL companies, such as Klarna and Affirm, and will release guidance in the future — The U.S. Consumer Financial Protection Bureau (CFPB) plans to start regulating “buy-now, pay-later” (BNPL) companies like Klarna and Affirm Holdings …
More:
Payments Dive, Consumer Financial …, Bloomberg, and Finextra
| Wall Street Journal: |
Memo: Netflix told ad buyers the company expects its ad-supported tier to reach 4.4M unique viewers globally in 2022, and ~40M by Q3 2023, with 13.3M in the US — Streaming giant shared projections for ‘unique viewers’ across a dozen launch markets with ad buyers| Joyce Lee / Reuters: |
Samsung Electronics pledges to invest $5B+ into R&D for tech that achieves net zero emissions in its devices business by 2030 and across the company by 2050 — Samsung Electronics (005930.KS) will invest over 7 trillion won ($5.02 billion) by 2030 as part of sweeping environmental initiatives aimed …
More:
Samsung Newsroom, PCMag, Associated Press, TechCrunch, The Register, and MobileSyrup
| Drew Harwell / Washington Post: |
Sen. Wyden reveals CBP told Congress it is adding data from ~10K travelers' devices per year to a database, accessible to 2,700 officers without a warrant — Contacts, call logs, messages and photos from up to 10,000 travelers' phones are saved to a government database every year
More:
PCMag, U.S. Senator Ron Wyden …, and U.S. Customs …
| Laura Cappelle / New York Times: |
French director Marion Siéfert blames Meta's policies for banning livestreams of her “Instagram play” about teenage sexuality, even though it contains no nudity — Marion Siéfert's “_jeanne_dark_,” about a shy teenager beginning to express her sexuality …
Tweets: @jilliancyork, @jeremyoharris, @bloggeronpole, @lauracappelle, and @rasmus_kleis
| Mike Wheatley / SiliconANGLE: |
Fortanix, which offers enterprise encryption tools for data being processed, raised a $90M Series C led by Growth Equity, bringing its total funding to $122M — Cybersecurity startup and confidential computing pioneer Fortanix Inc. said today it has closed on a bumper $90 million round of funding …
More:
Business Wire, FinSMEs, and SecurityWeek
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