Techmeme
November 23, 2022, 7:55 PM

Top News

Bloomberg:
Sources: hundreds of Foxconn workers at the iPhone plant in Zhengzhou clashed with security guards as protests erupted over unpaid wages and COVID-19 fears  —  Hundreds of workers at Apple Inc.'s main iPhone-making plant in China clashed with security personnel, as tensions boiled over after almost …
David Dayen / American Prospect:
A look at a letter from March by four GOP and four Democratic House members discouraging the SEC from probing crypto firms; five had donations from FTX staff  —  The Securities and Exchange Commission was seeking information from collapsed cryptocurrency exchange FTX earlier this year …
Lucas Shaw / Bloomberg:
Sources: Amazon plans to spend $1B+ per year to produce and release movies for theaters, starting with a few releases in 2023, and eventually 12 to 15 annually  —  Amazon.com Inc. plans to spend more than $1 billion a year to produce movies that it will release in theaters …
Sergiu Gatlan / BleepingComputer:
Microsoft says hackers used vulnerabilities in Boa web server, discontinued in 2005 but pervasive across IoT devices, to target the Indian power sector  —  Microsoft said today that security vulnerabilities found to impact a web server discontinued since 2005 have been used to target and compromise organizations in the energy sector.
Stuart A. Thompson / New York Times:
Analysis: of the estimated 140,000 accounts paying for Twitter Blue, many are far-right influencers, the average has 560 followers, some are spoofs, and more  —  When Elon Musk bought Twitter last month, he made Twitter Blue, an existing subscription service, the backbone of his strategy to increase revenue.
Taylor Lorenz / Washington Post:
An interview with @dril on Elon Musk's Twitter, which he says is “a work in progress”, like Hyperloop, and will be a “beautiful thing at the end of the day”  —  The ‘patron saint of the internet’ tells The Post he'll never pay for verification but will learn to code if Musk offers him a job
Josh Sisco / Politico:
Sources: the FTC is likely to file an antitrust lawsuit to block Microsoft's $69B Activision Blizzard deal; FTC staff are skeptical of the companies' arguments  —  A lawsuit would be the FTC's biggest merger challenge to date under Chair Lina Khan.  —  The Federal Trade Commission is likely …
AJ Vicens / CyberScoop:
In its Q3 Adversarial Threat Report, Meta attributes a pro-US campaign to US military-run phony Facebook accounts, Pages, Groups, and Instagram accounts  —  People associated with the U.S. military were behind dozens of phony Facebook accounts, more than a dozen pages, a pair of groups …
Jeff Horwitz / Wall Street Journal:
Nikhilesh De / CoinDesk:
SBF claims FTX had ~$60B in collateral in spring 2022, before a credit squeeze, market selloff, and “run on the bank” reduced it to $9B and led to bankruptcy  —  The former FTX CEO did not address concerns about customer funds being misappropriated or other recent revelations about the company.
Ken Sweet / Associated Press:
Anton Shilov / Tom's Hardware:
Research: discrete and integrated GPU shipments fell 25.1% YoY to 75.5M in Q3, desktop GPUs fell 15.43% YoY, and notebook 30% YoY, the biggest drop since 2009  —  Intel solidifies GPU positions amid graphics market slump.  —  Shipments of integrated and discrete graphics processing units dropped …
Patricia Nilsson / Financial Times:
Omdia: in 2022, Alphabet, Amazon, Meta, and Apple are on pace to take 68% of ~$500B in online ad revenue made by non-China companies, driven by video campaigns  —  TV and film companies are racing to capture some of the marketing cash pouring into the likes of YouTube
Cecilia D'Anastasio / Bloomberg:
Amazon's Twitch makes changes to address child predation concerns, including mandatory phone verification and improving account termination for users under 13  —  Twitch, the video game livestreaming site popular with teens and kids, announced changes it's making on the platform to increase safety …

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Earlier Picks

New York Times:
Sergiu Gatlan / BleepingComputer:
Mack DeGeurin / Gizmodo: