Techmeme
March 30, 2022, 3:20 PM

Top News

Washington Post:
Meta paid Republican consulting firm Targeted Victory for a campaign to paint TikTok as a danger to the US, including placing op-eds in regional news outlets  —  Facebook parent company Meta is paying one of the biggest Republican consulting firms in the country to orchestrate …
Bloomberg:
Sky Mavis COO Aleksander Larsen says the company is “fully committed to reimbursing” Axie Infinity players who lost funds and is “still working on a solution”  —  The company behind the popular Axie Infinity crypto game said it will reimburse online participants …
Mark Gurman / Bloomberg:
Sources: Apple is planning to expand its financial services by adding payment processing, lending risk assessment, credit checks, fraud analysis, and more  —  Apple Inc. is developing its own payment processing technology and infrastructure for future financial products …
Mitchell Clark / The Verge:
Google adds more Markdown support to Docs on the web, letting users format documents using text shortcuts, off by default, as part of its autocorrect feature  —  ## An alternative to keyboard shortcuts  —  Google is adding Markdown support to Google Docs on the web, letting you format …
Financial Times:
Sources: Arm plans to transfer shares from its China joint venture, which it failed to control and audit for two years, to SoftBank, to speed up a New York IPO  —  Shifting stake in chip designer's joint venture to a SoftBank special purpose vehicle would ease New York flotation
William Turton / Bloomberg:
Sources say Apple and Meta divulged customer data to hackers in response to forged Emergency Data Requests, after Discord confirmed fulfilling a forged EDR  —  Apple Inc. and Meta Platforms Inc., the parent company of Facebook, provided customer data to hackers who masqueraded as law enforcement officials …
Manish Singh / TechCrunch:
WhatsApp says its users send 7B voice messages daily on average and adds a waveform visualization, pause/resume, draft preview, out of chat playback, and more  —  Like most smartphone users in India, I use WhatsApp a lot.  But I have never sent anyone a voice message — ever.  Turns out, others do.
James Cridland / Podnews:
Andrew J. Hawkins / The Verge:
Waymo plans to offer fully autonomous rides in San Francisco, without a human safety driver, as part of a growing test, and expands its service area in Arizona  —  The company is also expanding its service area in Phoenix  —  Waymo plans to start offering rides in its fully autonomous vehicles …
Wall Street Journal:
Sources: China is planning expanded restrictions on its $30B live-streaming industry, including capping daily tipping and tightening content censorship  —  Regulators are planning rules limiting virtual tipping of live-streaming hosts and time spent by young people on the apps
Ron Amadeo / Ars Technica:
Gilad Edelman / Wired:
A look at the ECASH Act, which would direct the US Treasury to pilot digital dollars that would be stored on hardware and not on a distributed blockchain ledger  —  If you want the privacy of paper money, you need something that leaves no paper trail.  —  When you hear the phrase “digital cash,” what comes to mind?
New York Times:
Sources detail the internal confusion among Meta moderators and employees over how to enforce rapidly shifting content rules during Russia's invasion of Ukraine  —  The rules over what war content is permitted on Facebook and Instagram keep changing, causing internal confusion.
Emily Nicolle / Bloomberg:
The UK's FCA extends a key deadline, set for Thursday, for approving crypto companies; the FCA has so far approved 33 companies  —  The U.K.'s financial regulator is extending a Thursday deadline for its approval of crypto operations, giving a dozen firms more time to get their applications or affairs in order.
Malique Morris / The Information:
Sources: Stripe-backed one-click checkout service Fast generated just ~$600K in 2021 revenue; source says Fast tried raising a $100M Series C in late 2021  —  Several startups have been racing to sell software known as one-click checkout to retailers such as The Honest Company and Forever 21 …
Madhumita Murgia / Financial Times:
DeepMind says it made changes to its policies after a female former staff member accused the Google-owned company of mishandling sexual misconduct allegations  —  Former employee at artificial intelligence group raises concerns about grievance procedure following assault and harassment by senior researcher
TechCrunch:
A brief overview of Y Combinator's Demo Day for the Winter 2022 batch, with 414 companies in total and the first batch to receive YC's new standard deal  —  The TechCrunch team spent today covering the first day of Y Combinator's Winter 2022 Demo Day, which featured half of the 394 companies that plan to virtually present.
Jay Peters / The Verge:
Meta updates Messenger with Slack-like shortcuts, /silent to reply without a notification and @everyone to notify all, and plans to add more, like /pay and /gif  —  There's also one that pings everyone, so please use it responsibly  —  Meta, the parent company of Facebook …

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Berber Jin / The Information:
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