Techmeme
September 18, 2022, 2:40 PM

Top News

Tom Warren / The Verge:
Over 90 gameplay videos from Rockstar's GTA VI leak online; the uploader claims they were behind last week's Uber hack and have GTA V and VI source code  —  Footage of Grand Theft Auto VI, Rockstar's next entry in its open-world franchise, appears to have leaked online.
Bloomberg:
A profile of Figma founder Dylan Field, who will become the wealthiest person from the Thiel Fellowship by far, as PitchBook estimates his stake is worth $2B+  —  Dylan Field dropped out of an Ivy League school in 2012 to take a grant from the billionaire Peter Thiel and start a software company called Figma.
Hunter Walk:
Adobe's $20B Figma acquisition is worth it because Figma's $400M ARR, independent of margin, was continuing to double, 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.
David Streitfeld / New York Times:
An in-depth look at a 2019 cyberstalking campaign by eBay employees against two critics who are now suing the company, its former CEO, and others for harassment  —  The victims of a bizarre cyberstalking operation are trying to hold the chief executive and the culture of the company responsible.
Matthew Gault / VICE:
The DHS has awarded a ~$700K grant to researchers to develop best practices and resources for monitoring and evaluating extremist activities in game communities  —  Several groups are coming together to study the little understood phenomenon.  —  Matthew Gault
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 …
Joe Schneider / Bloomberg:
Qianer Liu / Financial Times:
Despite a talent shortage, startups in the Chinese chip sector are cutting back on hiring plans due to the deteriorating macro environment and a funding crunch  —  Despite a talent shortage, cash-crimped companies are having to cut back hiring plans  —  Fresh from six months of training courses …
Andrew Cunningham / Ars Technica:
EVGA exits graphics cards, citing issues with Nvidia, after exclusively using GeForce GPUs, reportedly making up 80% of its revenue, since its founding in 1999  —  EVGA will continue selling current-gen GeForce cards until it runs out of stock.  —  Graphics card manufacturer eVGA has made a name …

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