Techmeme
October 25, 2022, 3:05 PM

Top News

James Vincent / The Verge:
Shutterstock partners with OpenAI to let users generate stock images using DALL-E 2 “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.
Matt Levine / Bloomberg:
An in-depth look at crypto and blockchains: bitcoin and the underlying tech, the 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
Tom Warren / The Verge:
WhatsApp says it has fixed an issue that caused a major outage for the app 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.
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” …
Monica Chin / The Verge:
Microsoft Surface Pro 9 review: a 120Hz display with dynamic refresh, 5G, and a 1080p camera, but pricey without accessories, slow apps, and just two USB ports  —  Exceptional hardware is still marred by incompatibilies … Video calling.  —  After several days of using …
Emily Baker-White / Forbes:
Sources: ByteDance launched audits into TikTok's global CSO Roland Cloutier before he quit, hamstringing his efforts to build a robust security team  —  Roland Cloutier, a U.S. Air Force veteran and former law enforcement officer, stepped down as TikTok's Global Chief Security Officer …
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 has updated the App Store review guidelines that are provided to developers who create apps for iPhones and iPads.
Filipe Espósito / 9to5Mac:
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.  —  A stablecoin project …
Ivan Mehta / TechCrunch:
Amazon begins letting select US customers pay with Venmo on its site and in its mobile app, with plans to roll out the option to all US shoppers by Black Friday  —  Amazon announced that it will now allow customers to make payments through Venmo on its platform.
Tim Bradshaw / Financial Times:
The UK's FCA starts investigating Apple's, Amazon's, Google's, 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
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 …
Darrell Etherington / TechCrunch:
Kyle Wiggers / TechCrunch:
Netherlands-based Axelera AI, which is developing AI acceleration cards, systems, and software, raised a $27M Series A led by Innovation Industries  —  Several years ago, Fabrizio Del Maffeo and a core team from Imec, a Belgium-based nanotechnology lab, teamed up with Evangelos Eleftheriou …
Financial Times:
A look at TSMC's efforts to build ever-smaller, ever-faster, and more energy-efficient semiconductors, as Samsung and Intel 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 …

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