Techmeme
October 6, 2022, 9:05 AM

Top News

Financial Times:
Sources: Twitter agreed to delay a deposition of Elon Musk by its lead litigation attorney on October 6 in Austin, as both sides hash out the $44B deal  —  Tesla chief and social media group are negotiating end to legal fight to finalise $44bn buyout  —  Twitter has agreed to delay …
New York Times:
Sources: in the weeks before Elon Musk's revived $44B bid, his representatives asked Twitter about doing the deal at an up to 30% discount, or a ~$31B valuation  —  Before Mr. Musk renewed his $44 billion proposal, he and the company haggled in discussions that ultimately did not advance.
Jeremy C. Owens / MarketWatch:
Bloomberg:
Cade Metz / New York Times:
A US federal court jury finds ex-Uber Chief Security Officer Joe Sullivan guilty for not disclosing a 2016 breach of customer and driver records to regulators  —  A jury found Joe Sullivan, who led security at the ride-hailing company, guilty on two different counts.
Brian Krebs / Krebs on Security:
Fake LinkedIn executive profiles, which pair AI-generated photos with text from real accounts, are becoming headaches for HR departments and invite-only groups  —  A recent proliferation of phony executive profiles on LinkedIn is creating something of an identity crisis for the business networking site …
Allison Johnson / The Verge:
iPhone 14 Plus review: multiday battery, bright screen, and lightweight, but hard to use one-handed, no ProMotion, and adopting eSIM will be painful for some  —  Excellent battery life and a large display make the 14 Plus upgrade-worthy … This is the new iPhone that most people want.
Kyle Wiggers / TechCrunch:
Google unveils two text-to-video AI generators: Imagen Video, a higher image quality system, and Phenaki, which prioritizes coherency and length over quality  —  Not to be outdone by Meta's Make-A-Video, Google today detailed its work on Imagen Video, an AI system that can generate video clips given …
CoinDesk:
Court filing: Celsius ex-CEO Alex Mashinsky, ex-CSO Daniel Leon, and CTO Nuke Goldstein withdrew $30M+ between May and June 2022 before the lender's bankruptcy  —  Ex-CEO Alex Mashinsky, ex-CSO Daniel Leon and CTO Nuke Goldstein pulled bitcoin, ether, USDC and CEL holdings from their custody accounts in May …
David Cohen / Adweek:
Financial Times:
An investigation shows Amazon, Microsoft, and others destroy millions of data storage devices each year, creating huge waste when software wiping methods exist  —  Companies like Amazon and Microsoft routinely destroy used hard drives in the name of data security — but industry insiders say there is a better option
Bloomberg:
Sources: to evade US sanctions, Huawei is supporting PXW, a startup based in its hometown Shenzhen that ordered chipmaking equipment for a semiconductor plant  —  When the US government blacklisted Huawei Technologies Co. as a national security threat, it cut the Chinese company off …
Gené Teare / Crunchbase News:
Global VC funding in Q3 2022 was $81B, down 53% YoY from $171B and 33% QoQ from $121B, the lowest level since $70.6B in Q1 2020  —  The big global venture capital pullback we were all expecting is truly here.  —  Venture and growth investors in private companies scaled …
Bloomberg:
Roblox and Discord are accused of enabling adult men to sexually and financially exploit a California girl in a lawsuit filed by a social media watchdog group  —  Roblox Corp. and Discord Inc. were accused of enabling adult men to sexually and financially exploit a California girl in a lawsuit filed by a social-media watchdog group.

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Yousef Saba / Reuters:

Earlier Picks

Will Douglas Heaven / MIT Technology Review:
Jeff John Roberts / Fortune:
Anna Edgerton / Bloomberg:
Jon Fingas / Engadget:
Steve Dent / Engadget:
Mariella Moon / Engadget: