Techmeme
September 30, 2018, 4:30 AM

Top News

Javier E. David / CNBC:
Elon Musk and SEC settle; Musk admits no guilt, will remain Tesla CEO, has to resign as Chairman for 3 years, appoint 2 new independent directors, pay $20M fine  —  The Securities and Exchange Commission has settled charges with Tesla CEO Elon Musk, according to court documents filed on Saturday …
Tim Berners-Lee:
Tim Berners-Lee unveils Solid, an open source project to decentralize the web and give users control of their data, and Inrupt, a startup to guide the project  —  I've always believed the web is for everyone.  That's why I and others fight fiercely to protect it.
Wired:
How the security breach that made 50M Facebook accounts vulnerable to takeover worked and what information may have been accessed  —  FACEBOOK'S PRIVACY PROBLEMS severely escalated Friday when the social network disclosed that an unprecedented security issue, discovered September 25, impacted almost 50 million user accounts.
Guy Rosen / Facebook:
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Motherboard:
Kara Swisher / New York Times:
Instagram co-founders, dubbed by some at Facebook as not “team players”, were needed at the company to challenge Mark Zuckerberg and its groupthink culture  —  Kevin Systrom, a founder of Instagram, wasn't a “team player.”  That was exactly what the company needed.
The Verge:
A look at how HSI, the investigative arm of ICE, used a New Deal-era warrant called the customs summons to help shutdown South Korean spycam porn site Soranet  —  How did US customs officials get involved in taking down a South Korean porn site?  —  Over the course of this summer …
Bloomberg:
Profile of Bytedance, a China-based social news and video startup that may soon surpass Uber in valuation if rumored $1.5B SoftBank investment at $75B closes  —  - Bytedance's said to be valued at over $75 billion in new round  — SoftBank is said to plan an investment of about $1.5 billion

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Jan Wolfe / Reuters: