Techmeme
September 15, 2022, 12:20 PM

Top News

Bloomberg:
Adobe plans to acquire UI design and prototyping tool Figma for around $20B in cash and stock; Figma CEO Dylan Field will continue in the role; ADBE drops 12%+  —  Adobe Inc. agreed to buy software design startup Figma Inc. in a deal valued at about $20 billion to help it expand tools for creative professionals.
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.
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 …
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 …
Amanda Silberling / TechCrunch:
TikTok rolls out Now, a BeReal-like feed, 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.
Victoria Song / The Verge:
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
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.
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.
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 …
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.
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.
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: Finextra and Bloomberg

Sponsor Posts

Tribe AI:
Is AI just hype?  —  Find out how top enterprises use Tribe to get real business results.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Zoho:
All new Zoho Workerly 2024  —  Staffing businesses around the world face a unique set of challenges when it comes to managing their temporary workforce.  With a constantly shifting job market and changing staffing needs …
Comprehensive.io:
Browse salary data from 3,000 startups for free  —  Click for FREE, immediate access to real-time compensation benchmarking data.  Paid version helps HR automate comp reviews and communicate total compensation to employees.
The Kevin Rose Show:
Henry Shukman, Lessons from an Authentic Zen Master
Gain unconventional wisdom and insights through conversations with top expert in AI, investing, wellness, technology, and culture.
Techmeme Ride Home:
Thu. 03/28 - Claude 3 Opus Surpasses GPT-4 For The First Time
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:20 PM ET, September 15, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Laura Cappelle / New York Times:

Earlier Picks

New York Times: