| Bloomberg: |
Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8% — 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.| New York Times: |
Uber is investigating a breach of its computer systems, saying a hacker compromised a worker's Slack account and also gained access to other internal systems — The company said on Thursday that it was looking into the scope of the apparent hack. — Uber's computer network was breached on Thursday … | Wall Street Journal: |
Speaking hours after Ethereum's Merge update, SEC Chair Gary Gensler says cryptocurrencies that let holders stake coins may be subject to US securities laws — SEC chairman says system used by ether following software update could trigger securities laws — WASHINGTON—Ethereum's big software update … | 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.| 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 … | Charles Hutzler / Wall Street Journal: |
| Victoria Song / The Verge: |
Apple Watch Series 8 review: watchOS 9 is excellent, crash detection and temperature sensors are neat, but is not much of an upgrade and needs daily charging — ... don't upgrade … The concept, made famous by Toyota, means continuous improvement.| Natasha Singer / New York Times: |
California Governor Newsom signs into law an online safety bill that puts limits on the data companies collect on minors; the law goes into effect in July 2024 — The bill could require many social media sites, games and other online services used by children to install protections for minors.| 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.| The Information: |
Memo to staff: Adam Mosseri says Instagram's creator surveys show the app lags behind TikTok and YouTube on the most important creator satisfaction dimensions — For the past couple of years, as Instagram has sought to better compete with TikTok, becoming more appealing to creators has been a top priority.| Casey Newton / Platformer: |
Source: Meta's Chris Cox directed the New Product Experimentation division to scale back; Meta says the division will focus on short-form video — Facebook's New Product Experimentation division is scaling back its mission dramatically, Platformer has learned.| Drew Harwell / Washington Post: |
Senator Ron Wyden reveals the CBP told Congress it adds data from ~10K travelers' devices per year to a database, accessible by 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| Ben Schoon / 9to5Google: |
Some YouTube viewers say the platform's ads expanded in length and quantity over the past month or two, with reports of five to 10 unskippable ads per break — The experience of watching YouTube has been infiltrated by ads over the years as a means of maintaining the platform and supporting creators financially.| Mariella Moon / Engadget: |
Snap makes Snapchat for Web available to all users globally, including chat, photos, and audio and 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.| Kyle Wiggers / TechCrunch: |
Amazon unveils Customers Ask Alexa, which lets brands submit answers to common customer questions and link to their storefronts, rolling out in late 2022 — Amazon wants Alexa owners to buy more things. That's the clear impetus behind the new Alexa feature announced today … | Kyle Wiggers / TechCrunch: |
Winn.AI, maker of an AI assistant to help sales teams track, capture, and update CRM entries, comes out of stealth with a $17M seed led by Insight and S-Capital — Conventionally, salespeople are responsible for juggling tasks like following a playbook, capturing responses, building rapport … | Natasha Mascarenhas / TechCrunch: |
NYC-based job-focused social network Polywork raised a $28M Series B led by ex-GitHub CEO Nat Friedman and Caffeinated Capital, and launches out of private beta — Stop trying to make Polywork happen. It's already happening. You may even be polyworking as you read this.| Sandali Handagama / CoinDesk: |
Chainalysis: emerging markets, led by Vietnam and the Philippines, drove global cryptocurrency adoption over the past year; China remained active despite a ban — The blockchain analytics firm's 2022 Global Crypto Adoption Index also shows China remains active despite a ban on crypto trading.
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| Adi Robertson / The Verge: |
| Natasha Lomas / TechCrunch: |
| Laura Cappelle / New York Times: |
| Financial Times: |
| Melissa Repko / CNBC: |