Techmeme
September 28, 2022, 2:35 PM

Top News

Olga Kharif / Bloomberg:
Source: FTX is in the process of raising a $1B round, which hasn't closed, as Sam Bankman-Fried considers bidding for bankrupt lender Celsius Network's assets  —  Sam Bankman-Fried, the crypto billionaire who has been bailing out distressed industry players in recent months …
Nitasha Tiku / Washington Post:
OpenAI removes the waitlist for DALL-E, giving everyone immediate access; OpenAI CEO Sam Altman says a public release is essential to develop the tech safely  —  None of these photos were taken by a camera.  —  All of these images were created by the artificial intelligence text …
Bloomberg:
Sources: Apple tells suppliers to pull back from increasing the supply of iPhone 14 models by ~6M units in H2, instead aiming for 90M units, on par with 2021  —  Apple Inc. is backing off plans to increase production of its new iPhones this year after an anticipated surge in demand failed to materialize …
David Pierce / The Verge:
Amazon unveils the $340 Kindle Scribe, an Oasis-like device for reading and writing with a 10.2" E Ink display and two stylus options, available to preorder  —  The newest Kindle is the first truly new Kindle in years.  It's called the Kindle Scribe, and it's both a reading device and a writing one.
Umar Shakir / The Verge:
Cloudflare releases Turnstile, a “privacy-preserving” CAPTCHA alternative that tests the browser, not the user, through JavaScript-based challenges, in beta  —  The company calls it Turnstile, and it's designed to spare us from performing those mundane click-the-traffic-light kinds …
Jennifer Pattison Tuohy / The Verge:
Amazon unveils new $50 Echo Dot and $60 Echo Dot with Clock models, which double as Eero mesh Wi-Fi extenders and have a temperature sensor and improved bass  —  At its annual fall event, Amazon showed off its brand-new Echo Dot and Echo Dot with Clock.  The fifth generation …
Lisa Eadicicco / CNET:
Amazon unveils the $140 Halo Rise, a bedside sleep tracker that uses contactless sensors, coming later in 2022 with six months of Halo subscription for free  —  It sits on your nightstand and functions as a sleep tracker and sunrise alarm clock.  —  Lisa Eadicicco
Mitchell Clark / The Verge:
Apple confirms it removed apps from VK, which owns Mail.ru and Russia's largest social network VKontakte, citing UK sanctions; the apps are still on Google Play  —  The translated statement says “some VK applications are blocked by Apple” but that it will “continue to develop and support iOS applications.”
Financial Times:
Bloomberg:
The US SEC and CFTC fine 16 financial firms $1.1B and $710M in penalties, respectively, for failing to monitor employees using unauthorized messaging apps  —  US regulators reached settlements with a dozen banks in a sprawling probe into how global financial firms failed to monitor employees' communications …
Jeff Green / Bloomberg:
As California becomes the latest state to require listing salary ranges in job postings, Meta, Alphabet, Disney, and others will have to comply by January 2023  —  Ready or not, what your job pays is about to get a lot less private.  —  California, with its roughly 19 million workers …
Financial Times:
WhatsApp head Will Cathcart warns UK ministers against undermining encryption in the Online Safety Bill, arguing the move would embolden authoritarian regimes  —  Moves to undermine messaging encryption could embolden hostile nation states, Will Cathcart says
Ashley Capoot / CNBC:
DocuSign will lay off 9% of staff as part of a major restructuring to be completed by 2023 end, incurring charges of $30M-$40M; it had 7,461 staffers in January  —  - DocuSign will lay off 9% of its workforce as part of a major restructuring plan, the company announced Wednesday.
More: GeekWire
Brody Ford / Bloomberg:
Adobe Chief Product Officer Scott Belsky says the company plans to integrate Figma into other Adobe tools, not change its UI, keep the freemium model, and more  —  Adobe Inc. plans to add technology from its creative software portfolio to Figma without tweaking pricing or simplicity after its acquisition …
Ingrid Lunden / TechCrunch:
Milan-based Satispay, an independent payment network that bypasses banks and credit card companies, raised a €320M Series D led by Addition at a €1B+ valuation  —  More signs that the economy is slowing down in Europe, and that costs are going up, are driving merchants and consumers …

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Earlier Picks

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