Techmeme
September 17, 2022, 12:40 PM

Top News

Andrew Cunningham / Ars Technica:
EVGA stops making video cards, citing conflicts with Nvidia and ending a partnership started in 1999; Nvidia's GeForce reportedly makes up 80% of EVGA's revenue  —  EVGA will continue selling current-gen GeForce cards until it runs out of stock.  —  Graphics card manufacturer eVGA …
Joe Schneider / Bloomberg:
A US federal appeals court upholds the Texas social media content moderation law, lifting an injunction that blocked it and remanding it back to the lower court  —  A federal appeals court upheld the validity of a Texas social-media law that companies like Twitter Inc. and Meta Platforms Inc …
Mike Masnick / Techdirt:
The 5th Circuit federal court's ruling to uphold the Texas social media content moderation law is based on a misrepresentation of how Section 230 actually works  —  from the batshit-crazy dept  —  As far as I can tell, in the area the 5th Circuit appeals court has jurisdiction …
Hunter Walk:
Adobe's $20B Figma deal is worth it because Figma's $400M ARR, independent of margin, was continuing to double and creating pricing pressure on Adobe  —  Hint: The Answer Doesn't Involve a Spreadsheet  —  I'm not an investor in Figma.  I don't know Figma CEO Dylan Field.  And I'm not a designer.
Bloomberg:
Andrew J. Hawkins / The Verge:
Uber says there is “no evidence” the hacker accessed sensitive user info, like trip histories, during the breach and that all its products are now “operational”  —  Uber says there is “no evidence” that any of its users' private information was compromised in a breach of its internal computer systems.
Washington Post:
New York Times:
Jonathan Vanian / CNBC:
Meta's stock has lost 61% of its value in the past 12 months, by far the biggest slide among Big Tech stocks and more than 2x the drop in the Nasdaq Composite  —  - Meta shares dropped below the company's pandemic nadir during the day on Friday and are down more than 60% for the year.
Stefanie Marotta / Bloomberg:
Shopify changes its compensation practices to let staff choose a mix of cash, restricted stock units, and stock options; Shopify stock is down 75% in 2022  —  Shopify Inc. is changing its compensation practices to let staff decide how much of their pay will be cash versus equity …
Natasha Lomas / TechCrunch:
Unsealed court docs in a privacy user profiling suit against Meta show that apps from Zynga, Yahoo, and others had extensive access to users' friends' data  —  It's not the crime, it's the cover up... The scandal-hit company formerly known as Facebook has fought for over four years to keep …
Sergiu Gatlan / BleepingComputer:
LastPass says a hacker had access to its systems for four days in August 2022 but there is no evidence they accessed customer data or encrypted password vaults  —  LastPass says the attacker behind the August security breach had internal access to the company's systems for four days until they were detected and evicted.

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More News

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Earlier Picks

Makena Kelly / The Verge:
Abner Li / 9to5Google:
Tim Hakki / Decrypt: