Techmeme
October 24, 2022, 6:10 AM

Top News

Mark Gurman / Bloomberg:
Sources: 14" and 16" MacBook Pro with M2 Pro and M2 Max and an M2 Mac mini are coming soon; Apple tests a Mac Pro with 24 CPU cores, 72 GPU cores, and 192GB RAM  —  Apple's latest iPad lineup and software strategy is its most confusing to date, but here's how the company could ultimately fix it.
The Wire:
The Wire retracts two recent stories about Meta's XCheck program and says it is using “independent external experts” to investigate its coverage  —  Earlier this week, The Wire announced its decision to conduct an internal review of its recent coverage of Meta, especially the sources and materials involved in our reporting.
Michael Mignano / Lightspeed Venture Partners:
Whereas Creator Economy companies have mostly built infrastructure for the top 1% of creators, new AI tools will fuel businesses that democratize creativity  —  Creativity has become the focal point of our modern Internet economy.  What was once just a means of artistic expression now powers …
Karl Vick / TIME:
Iranian activists smuggle Starlink receivers into the country for a backup internet, citing “no Starlink donation” from SpaceX nor US government participation  —  Starlink receivers have begun to arrive inside Iran, smuggled into the country in hopes of providing a backup internet …
Bono / The Guardian:
In his memoir, Bono details making a deal with Steve Jobs for the U2 iPod in October 2004 and convincing Tim Cook to give away a U2 album in September 2014  —  In an exclusive extract from his memoir, the singer looks back  —  nything strange or startling?  " That's how my da, Bob, opens our conversations.
Sunil Jagtiani / Bloomberg:
FTX plans to offer $6M to account holders impacted by a phishing incident via a third-party site, but says this kind of relief will not become the norm  —  Digital-asset exchange FTX will provide about $6 million compensation to its account holders impacted by a phishing incident via a third-party website.
Dave Lee / Financial Times:
An interview with eBay CEO Jamie Iannone on eBay's strategy to focus on the second-hand luxury market, as its market value has fallen from $53B in 2021 to $21B  —  “One of a kind!” said Jamie Iannone, the chief executive of eBay, pointing down to the pair of pristine, custom-made Nike sneakers on his feet.
More: PYMNTS.com
Newley Purnell / Wall Street Journal:
A profile of e-commerce company Meesho, which accounts for ~7% of India's online sales; Apptopia: Meesho was the world's most downloaded shopping app in H1 2022  —  Startup makes gains in world's biggest developing digital market, with users drawn to its prices on clothing, household goods
Wall Street Journal:
Sources: US banks backing Elon Musk's Twitter deal plan to hold all $13B of debt on their balance sheets rather than selling it, amid a difficult debt market  —  Truncated timeline to sell $13 billion in debt—and strained market conditions—could make Twitter the biggest ‘hung’ buyout deal of all time

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A running list of the best startups to join  —  We've analyzed thousands of startups using the same data VCs use and distilled our list down to the top 2%.  Discover and join the next Stripe, Airbnb, or Coinbase today.
The Logan Bartlett Show:
EP 108: Olivier Pomel (CEO, Datadog) Shares Every Lesson From Scaling to $40B
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
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Earlier Picks

Rachel Metz / CNN:
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Jack Nicas / New York Times:
Washington Post:
Axios: