Techmeme
August 6, 2022, 9:00 PM

Top News

Ron Knox / @ronmknox:
[Thread] Via iRobot, Amazon, one of the most powerful data collection companies on earth, will get another vast and intrusive set of data about people's homes  —  1. Hello. Amazon today announced it would pay $1.7 billion to acquire iRobot, the company behind the Roomba robotic vacuum. It may be the most dangerous, threatening acquisition in the company's history. A thread.
Brian Heater / TechCrunch:
Eric Seufert / @eric_seufert:
[Thread] How Apple's App Tracking Transparency blew up the digital ad ecosystem, bolstering Apple's ads business while positioning it as a privacy champion  —  APPLE ROBBED THE MOB'S BANK: How Apple's App Tracking Transparency (ATT) policy blew up the digital advertising ecosystem, bolstering its ads business while positioning itself as a champion of consumer privacy. A masterclass in corporate strategy. (1/X) https://mobiledevmemo.com/...
Russ Mitchell / Los Angeles Times:
The California DMV accuses Tesla of falsely advertising Autopilot and FSD features, in a pair of July 28 filings with the CA's Office of Administrative Hearings  —  The California Department of Motor Vehicles has accused Tesla of false advertising in its promotion of the company's signature Autopilot and Full Self-Driving technologies.
Bill Toulas / BleepingComputer:
Researchers detail Dark Utilities, a new service that provides an inexpensive way for cybercriminals to set up a command and control center for their operations  —  Security researchers found a new service called Dark Utilities that provides an easy and inexpensive way for cybercriminals …
Bloomberg:
Tom Alberg, an early Amazon investor and Madrona Venture Group co-founder, who was a key figure in shaping the Pacific Northwest's tech economy, dies at 82  —  Tom Alberg, co-founder of the venture capital firm Madrona Venture Group and an early investor in Amazon.com Inc., has died.  He was 82.
Aislinn Keely / The Block:
Voyager will begin processing customer cash withdrawals on August 11 after getting court approval on August 4; customers can withdraw up to $100K every 24 hours  —  - Voyager on August 4 received approval to honor cash withdrawals with the funds held in custody at Metropolitan Commercial Bank.
Filipe Espósito / 9to5Mac:
Kuo: Foxconn will begin production of at least one iPhone 14 model “almost simultaneously” in India and China, the first time this will happen for a new iPhone  —  Apple's key partner Foxconn has iPhone production lines in a few other places in the world outside of China, such as Brazil and India.
Manish Singh / TechCrunch:
CEO Changpeng Zhao claims Binance doesn't own Indian crypto exchange WazirX despite announcing the acquisition in 2019; WazirX co-founder disputes Zhao's claims  —  Binance, the world's largest crypto exchange by trading volume, said on Friday it doesn't own India-based platform WazirX despite disclosing …
Cade Metz / New York Times:
A brief history of AI and why some AI researchers believe the technology they have built is sentient or conscious despite no evidence  —  Robots can't think or feel, despite what the researchers who build them want to believe.  —  As the sun set over Maury Island, just south of Seattle …
New York Times:
How Coinbase went from a triumphant IPO to facing challenges with international expansion, global competition, revenue diversification, and staffing adjustments  —  In just over a year, the United States' largest cryptocurrency exchange went from a triumphant public offering to a “crypto winter” of cost cutting and layoffs.

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