Techmeme
September 20, 2022, 12:40 PM

Top News

Tim Copeland / The Block:
Crypto market maker Wintermute says hackers stole $160M from its DeFi operations but the firm remains solvent; in total, 90 assets were stolen, most worth <$1M  —  - Crypto market making firm Wintermute has been hacked.  — The firm maintains that it is solvent.
Stephen Shankland / CNET:
Nvidia announces Drive Thor processors with 77B transistors for self-driving vehicles, arriving in 2024 for cars coming in 2025  —  The AI chip is due to arrive in cars in 2025, Nvidia says at its GTC event to showcase its GPU technology.  —  Stephen Shankland
Tom Warren / The Verge:
Nvidia announces the RTX 4080 and RTX 4090 GPUs; the RTX 4090 is 2-4x faster than the 3090 Ti, comes with 24GB GDDR6X memory, and arrives October 12 for $1,600  —  Nvidia is officially announcing its RTX 40-series GPUs today.  After months of rumors and some recent teasing from Nvidia, the RTX 4090 and RTX 4080 are now both official.
Benjamin Mayo / 9to5Mac:
Chance Miller / 9to5Mac:
Frank Chaparro / The Block:
Sources: Nasdaq is exploring an institutional crypto custody service, pending regulatory approval, and a crypto-focused division called Nasdaq Digital Assets  —  - Nasdaq has been plotting a move into crypto custody, according to several sources.  — The move is in line with its broader mission …
Mia Sato / The Verge:
A study by Mozilla using YouTube recommendation data from 20,000+ users and 500M+ videos finds the “dislike” and “not interested” buttons have little impact  —  Even when users tell YouTube they aren't interested in certain types of videos, similar recommendations keep coming, a new study by Mozilla found.
Filipe Espósito / 9to5Mac:
Apple plans to increase the price of apps and IAP on the App Store in all territories that use the euro and some Asian countries, starting October 5  —  Apple announced on Monday that it will soon raise App Store prices in multiple countries, including Japan, South Korea, and many others in Europe.
J. Clara Chan / The Hollywood Reporter:
Spotify launches an audiobooks service in the US with 300,000 titles, letting users purchase and download individual books to play in its app  —  The audio giant, which is offering 300,000 audiobooks for purchase at launch, is positioning its books service as separate from its Premium subscription for music and podcasts.
David Pierce / The Verge:
Slack announces Canvas, a collaborative tool that presents contextual information for each channel, helps users edit documents in-app, and more, coming in 2023  —  Slack is becoming a document editor.  The Salesforce-owned company announced today at its developer conference that it is building …
Sander Lutz / Decrypt:
In a federal lawsuit against crypto influencer Ian Balina, the SEC claims the entire Ethereum network falls under the US government's purview  —  In a civil complaint against a crypto influencer, the SEC suggested that it believes the U.S. government has jurisdiction over all Ethereum transactions.
Divya Balji / Bloomberg:
Chamath Palihapitiya plans to shutter two SPACs, the $1.15B Social Capital Hedosophia VI and $460M Social Capital IV, after failing to find acquisition targets  —  Chamath Palihapitiya said he is winding down two special purpose acquisition companies, including his largest ever …
Wall Street Journal:
East Coast supermarket chain Wegmans plans to temporarily stop using its Scan self-checkout app, introduced during the pandemic, due to theft and losses  —  Many grocery stores started using self-checkout technology during the pandemic.  Experts say the technology makes it easier for shoplifters to sneak by.
Ryan Weeks / The Block:
Court filing: Alameda Research plans to repay ~$128M in bitcoin and ~$70M in ether to bankrupt crypto lender Voyager and will reclaim ~$160M in collateral  —  - Crypto trading firm Alameda Research will repay two large loans demoninated in bitcoin and ether.  — Once repaid, Alameda will reclaim some $160 million in collateral.
Leo Schwartz / Fortune:
A look at Brian Armstrong's GiveCrypto, which started to financially empower those in need and aimed to raise $1B but turned into a mess of misplaced assurances  —  PHOTO ILLUSTRATION BY FORTUNE; ORIGINAL PHOTOS BY GETTY IMAGES  —  Christian Maloba needed a job.

Sponsor Posts

Intel:
Managing a Complex Multi-Cloud Environment Requires a Reliable Ecosystem  —  To avoid vendor lock-in and effectively manage your mission critical workload needs, you need a reliable ecosystem and architecture
Vesto:
The treasury management platform built for startups  —  Put your idle cash to work, earn higher yields, and extend your runway with Vesto.
Census:
Figma's CFO on how they built a $20B business with data  —  From Series B to acquisition, Figma needed Census to scale their business operations on top of their data warehouse.
Zoho:
From pieces of software to peace of mind  —  Take a good look at your business.  Do you run your entire system on multiple software solutions and integrations that break with every update?
Climate Draft:
Climate Career Resources for Laid Off Tech Workers  —  Your skills are in demand!  Check out our jobs board, learn about the climate ecosystem, and join our directory to make yourself discoverable to top venture-backed startups.
Techmeme Ride Home:
Tue. 11/29 - Is Elon Going To War With Apple?
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 12:40 PM ET, September 20, 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

Earlier Picks

Ashley Gold / Axios:
Uber Newsroom:
Andy Robinson / Video Games Chronicle: