Techmeme
October 22, 2021, 11:35 PM

Top News

Craig Timberg / Washington Post:
A new whistleblower, a former member of Facebook's Integrity team, files an SEC complaint alleging Facebook prized profits over fighting hate speech and misinfo  —  Latest complaint to the SEC blames top leadership for failing to warn investors about serious problems at the company
New York Times:
Internal docs show the extent of Facebook's knowledge of extremist Groups on its site but don't offer a complete picture of its decision-making in response  —  Company documents show that the social network's employees repeatedly raised red flags about the spread of misinformation and conspiracies …
Brandy Zadrozny / NBC News:
Internal docs: Facebook employees created a test account in 2019 and within days it was recommended extreme and conspiratorial content, including QAnon Groups  —  In the summer of 2019, a new Facebook user named Carol Smith signed up for the platform, describing herself as a politically conservative mother …
The Information:
Sources: over 12 news outlets, including AP and Fox Business, formed a consortium to sift leaked Facebook docs from Frances Haugen, reporting stories separately  —  It's not often that major news organizations coordinate to sift through a large trove of leaked company documents and agree …
Washington Post:
Adi Robertson / The Verge:
Software Freedom Conservancy says TRUTH Social violates Mastodon's open source code licensing terms by not sharing its source code, gives it 30 days to comply  —  Truth Social ripped off open-source platform Mastodon  —  The Software Freedom Conservancy (SFC) says former President Donald Trump's …
Drew Harwell / Washington Post:
Leah Nylen / Politico:
Sarah Perez / TechCrunch:
Apple updates App Store Guidelines, including to let developers contact users about other payment methods as part of an earlier agreement with US developers  —  Apple today introduced a new set of App Store Guidelines which include three key changes.  One of the changes is the result …
New York Times:
Russia says its deep packet inspection tech is now installed at 500 telco locations, covering 100% of mobile traffic and 73% of broadband  —  Russia's boldest moves to censor the internet began in the most mundane of ways — with a series of bureaucratic emails and forms.
Steve Kovach / CNBC:
A 2019 email confirms Google asked Roku for preferential treatment for YouTube in Roku's search results, despite Google's claims to the contrary  —  - Google said Thursday it would remove YouTube apps from the Roku app store on Dec. 9 as the two sides fight over a new agreement.
Ian Allison / CoinDesk:
Walmart is testing letting shoppers buy bitcoin at 200 Coinstar kiosks in its US stores through a Coinme partnership  —  Walmart, the world's largest company by revenue, is letting customers buy bitcoin at dozens of its U.S. stores.  —  Shoppers can purchase the cryptocurrency …
Victoria Guida / Politico:
Sources: during the final days of the Trump presidency, OCC quietly determined that banks can legally trade cryptocurrencies on behalf of clients  —  A formal move to green-light crypto trading by banks would probably be met with resistance by advocates of tough financial rules.
More: CoinDesk
Faiz Siddiqui / Washington Post:
Lyft releases its first safety report, says it received 4,000+ reports of sexual assault, including 360 reports of rape, on its app from 2017 through 2019  —  Ride-hailing company's first safety report came nearly 2 years after Uber released a similar set of data for its app
Kif Leswing / CNBC:
Salvador Rodriguez / CNBC:
Snap Q3: $1.07B revenue, up 57% YoY, vs. $1.10B est., DAUs up 23% to 306M, net loss down 64% to $72M, blames iOS ATT changes for revenue miss; stock down 20%+  —  - Snap reported its third-quarter earnings on Thursday, missing revenue expectations after Apple's iPhone privacy changes disrupted its advertising business.

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Tonya Riley / CyberScoop:
Anna Kramer / Protocol:
Dieter Bohn / The Verge:
Ryan Browne / CNBC: