October 25, 2022, 10:00 AM

Top News

Juli Clover / MacRumors:
Apple's new App Store guidelines say that social networking apps that sell “boosts” for posts must use in-app purchases for the transactions  —  With the release of iOS 16.1 and iPadOS 16.1, Apple is updating the App Store review guidelines that are provided to developers who create apps for iPhones and iPads.
Filipe Espósito / 9to5Mac:
Tom Warren / The Verge:
WhatsApp says it has fixed an issue that caused a major outage worldwide, lasting from around 3AM to 5AM ET  —  WhatsApp went down in a major outage affecting the communications app for two hours today.  The service started experiencing issues at around 3AM ET, with users greeted with a “connecting” message.
Darrell Etherington / TechCrunch:
Andrew Cunningham / Ars Technica:
macOS Ventura review: Stage Manager has some good ideas and runs much better on the Mac than on the iPad, the new System Settings app is inconsistent, and more  —  A pleasantly surprising new multitasking UI and app redesigns define macOS 13.  —  If you asked me to tell you all the most exciting things …
David Pierce / The Verge:
James Vincent / The Verge:
Shutterstock partners with OpenAI to begin selling DALL-E 2-generated stock imagery “in the coming months” and launches a Contributor Fund to reimburse creators  —  Will AI image generators kill the stock image industry?  It's a question asked by many following the rise of text-to-image AI models in recent years.
Josh Ye / Reuters:
Sources: Microsoft stocks up on Chinese games to emulate Sony's success with Genshin Impact; filings show Microsoft paid $4.8M for Snail Games' ARK and ARK 2  —  Microsoft Corp (MSFT.O) is stocking up on Chinese video game content to emulate Sony Group Corp's (6758.T) success with “Genshin Impact” …
Mat Di Salvo / Decrypt:
NEAR Protocol shuts down USN, its stablecoin launched in April 2022, “to safeguard USN holders” after USN exhibited risky characteristics like those of TerraUSD  —  To avoid another LUNA debacle, the undercollateralized USN will be phased out.  —  NEAR Protocol's stablecoin …
Matt Levine / Bloomberg:
An in-depth look at crypto and blockchains: the underlying tech, its uses and meaning, the crypto financial system, and trust, money, and community  —  - What If You Don't Like It?  — Digital Cash  —  Part II  —  What Does It Mean?  — A Store of Value  — A Distributed Computer
Cat Zakrzewski / Washington Post:
The FTC sanctions Uber-owned alcohol delivery company Drizly and its CEO for data privacy abuses; Drizly will have to implement new data controls and training  —  The agency's rare decision to single out Drizly CEO Jason Rellas signals a new approach to data security abuses
Tim Bradshaw / Financial Times:
The UK's FCA plans to investigate Apple, Amazon, Google, and Meta's moves into retail financial services over competition and consumer harm concerns  —  Financial Conduct Authority says Silicon Valley's resources might harm competition and disadvantage others
Wall Street Journal:
The US DOJ charges two Chinese intelligence officers with trying to obstruct a criminal probe, sources say into Huawei, by offering bribes to a US double agent  —  Failed scheme included an effort by two alleged Chinese intelligence officers to bribe a U.S. law-enforcement official who acted as a double agent, government says
A look at delivery startup Gopuff's rise, reaching 165 warehouses covering 600 US cities by 2020 and a $15B valuation by 2021, and fall, as pandemic trends fade  —  Gopuff's 10,000-square-foot warehouse in downtown Philadelphia sits right at the intersection of hedonism and sloth.
Financial Times:
A look at TSMC's efforts to build ever-smaller, more powerful, and energy efficient semiconductors, as competitors race to catch up and erode its edge  —  Taiwan chipmaker ‘could stumble’ as industry is forced to develop new transistor technology  —  Smartphone chip design house MediaTek …
Meir Orbach / CTech:
Cybersecurity startup Snyk lays off 198 employees, or 14% of its staff, after laying off 30 people in July 2022; Snyk was valued at $8.5B in September 2021  —  The Israeli-founded company raised $530 million at an $8.5 billion valuation last year  —  Israeli cybersecurity unicorn Snyk …
More: Snyk

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