Techmeme
September 20, 2022, 12:45 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.
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.
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.
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.
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  Christian Maloba needed a job.  It was February 2021, and he was a 29-year-old student in the Democratic Republic of the Congo.
Benjamin Mayo / 9to5Mac:
Apple says a software update is coming next week to fix the iPhone 14 Pro and iPhone 14 Pro Max camera shake issue in third-party apps  —  Apple will be releasing a software update to fix the camera shake issue affecting iPhone 14 Pro and iPhone 14 Pro Max models.
Chance Miller / 9to5Mac:

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