Techmeme
September 21, 2022, 6:25 PM

Top News

Jeff John Roberts / Fortune:
Kraken CEO Jesse Powell plans to step down and Chief Operating Officer Dave Ripley will succeed him in the coming months; Powell will stay on as chairman  —  Jesse Powell, the CEO of Kraken, is stepping down from the top job at the cryptocurrency exchange he founded in 2011.
Victoria Song / The Verge:
Apple Watch Ultra review: comfortable, good battery life, handy action button, and durable, but no offline maps or turn-by-turn navigation, and too big for some  —  A new player has entered the multisport watch game … The Apple Watch Ultra is big, a lil' chunky, and goes hard on features …
Twitch Blog:
Twitch announces subscription revenue above $100K will be split 50/50, not 70/30, starting on June 1, 2023, for streamers on premium deals, citing hosting costs  —  Hello, Twitch community.  I'm Dan Clancy, President of Twitch and responsible for the day-to-day operations of the service.
Wall Street Journal:
Sources: to cut costs by 10%+ in a few months, Meta is nudging out a significant number of staff by reorganizing and giving a window to apply for other roles  —  Facebook parent is looking to reduce costs by at least 10%, people familiar with the plans said, while Google has required some employees to apply for new jobs
Joseph Cox / VICE:
Documents: multiple US military branches have bought access to Team Cymru's Augury internet monitoring tool, which claims to cover 90%+ of internet traffic  —  The “Augury” platform includes highly sensitive network data that Team Cymru, a private company, is selling to the military.  “It's everything.
Monica Chin / The Verge:
Framework and Google launch the user-upgradeable Framework Laptop Chromebook Edition, shipping for $999+ to the US and Canada in early December; preorders open  —  Framework and Google have announced the new Framework Laptop Chromebook Edition.  As the name implies, this is an upgradable …
Tom Warren / The Verge:
Logitech unveils the $350 G Cloud Gaming Handheld with Android, a 7" display, a Snapdragon 720G, and Xbox and GeForce Now cloud gaming, arriving on October 17  —  Logitech is officially announcing its G Cloud Gaming Handheld today after a teaser and a leak last month.
James Vincent / The Verge:
Getty Images bans uploading and selling images generated with AI tools like DALL-E, Midjourney, and Stable Diffusion, citing concerns users may face legal risks  —  Getty Images has banned the upload and sale of illustrations generated using AI art tools like DALL-E, Midjourney, and Stable Diffusion.
Kyle Wiggers / TechCrunch:
OpenAI open sources Whisper, an automatic speech recognition system trained on 680K hours of “multilingual and multitask supervised data collected from the web”  —  Speech recognition remains a challenging problem in AI and machine learning.  In a step toward solving it …
Cecilia D'Anastasio / Bloomberg:
An analysis of October 2020 to August 2022 streams: Twitch's moderation tools often failed to stop kids from streaming and adults from finding and grooming them  —  The gaming platform's design enables people to find and exploit kids in real-time  —  Graphics and illustrations by Rachael Dottle
Makena Kelly / The Verge:
TikTok plans to turn off all advertising and monetization features, like gifting and tipping, for politicians and parties, and ban soliciting campaign donations  —  Starting Wednesday, TikTok is expanding its elections rules to make it harder for politicians and political groups to fundraise using …
Sam Reynolds / CoinDesk:
A New York judge orders Tether to produce documents related to the backing of USDT in a lawsuit alleging Tether conspired to issue USDT to pump bitcoin's price  —  The order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market.
NetBlocks:
Amid police brutality protests, Iran restricts access to WhatsApp and Instagram, one of the last remaining social networks in the country, across all major ISPs  —  Network data from NetBlocks confirm a near-total disruption disruption to internet service in parts of Kurdistan province …
Washington Post:
Florida's attorney general asks the US Supreme Court whether the First Amendment prohibits states from regulating how social media companies moderate content  —  The state attorney general filed a petition to the court on Wednesday, after two lower courts split on decisions about social media laws
Abner Li / 9to5Google:
Google begins rolling out a “results about you” tool to its Android app, letting users see and remove results containing their personal identifiable information  —  At I/O 2022 in May, Google announced a new tool to streamline the process of removing Search results that contain …
Tom Redmond / Bloomberg:
A profile of Chainalysis and its work with governments and law enforcement to trace crypto transactions; the NYC-based company has 700+ clients in 70+ countries  —  In May 2021 hackers initiated a cyberattack against Colonial Pipeline Co., the company behind the US's largest gasoline pipeline.
Tory Newmyer / Washington Post:
An interview with Alabama Securities Commission Director Joe Borg on why US state regulators protected investors from crypto fraud more quickly than the SEC  —  Joe Borg, Alabama's chief financial watchdog, has emerged as a captain of a state-led push to protect investors from crypto fraud
Ashley Gold / Axios:
As Meta shapes its antitrust defense, the company has begun pointing to its market value's 60%+ decline since the spring to argue it does not have a monopoly  —  As Meta shapes its antitrust defense, it has begun pointing out its plummeting stock price as a sign that competition is alive and well in its market.
Janko Roettgers / Protocol:
A leaked presentation shows that Google is working on royalty-free media formats for HDR video and 3D audio, in an effort internally known as Project Caviar  —  Google is gunning for Dolby Atmos and Dolby Vision: The company is looking to introduce two new media formats to offer HDR video …
More: 9to5GoogleThanks:@jank0

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