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August 19, 2022, 8:20 PM
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| Michael McSweeney / The Block: |
FDIC issues cease-and-desist letters to FTX US and four other crypto firms over making “false representations” that their crypto products might be FDIC-insured — - The Federal Deposit Insurance Corporation (FDIC) said Friday that it sent cease-and-desist letters to five crypto companies … | Richard Nieva / Forbes: |
Report: TikTok's in-app browser injects JavaScript that can track users' keystrokes and taps into websites; TikTok confirms the code but says it's for debugging — When TikTok users enter a website through a link on the app, TikTok inserts code that can monitor much of their activity …
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Tweets: @krausefx, @richardjnieva, @krausefx, @krausefx, @bob_burrough, @krausefx, @lorenzofb, @geoffrbennett, @keleftheriou, @rmac18, @rakeshlobster, @wongmjane, @wbm312, @brianroemmele, @tiktokcomms, @ianmurren, @josephfcox, @tiktokcomms, @jaspar, @senpaterson, @johnpaczkowski, @moonalice, and @holgr
| Patricia Hernandez / Kotaku: |
Zuckerberg responds to the mockery of the Horizon Worlds selfie, saying it was taken quickly to celebrate a launch and promises major updates to avatar graphics — Earlier this week was supposed to be a celebratory time for the folks at Meta, as its reality-devouring project Horizon Worlds was now available in more countries.
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| Paul Tassi / Forbes: |
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| Aaron Holmes / The Information: |
Source: Cisco CEO said that the company will increase operating expenses by $1B over the next year, amid employee frustration over wages and high staff turnover — Cisco Systems CEO Chuck Robbins told managers earlier this month that the networking hardware pioneer would increase … | Caroline O'Donovan / Washington Post: |
Six ex-Amazon Care employees criticize the company's fast and frugal ways, including prioritizing pleasing patients over providing the best standard of care — ‘Amazon Care’ was treating patients long before the company bought One Medical, but its fast and frugal approach has proven a tough fit for some health professionals
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The Scroll. Tweets: @hypervisible, @froomkin, @histoftech, @thegarance, @rachelerman, @mat, and @ceodonovan
| Bloomberg: |
Two women who worked at SAP say it mishandled their claims of rape by colleagues; seven others say they experienced or witnessed sexual harassment at SAP events — Two women who worked at SAP SE filed reports to the software company's human resources department within 18 months of each …
Tweets: @turnergs and @oliviasolon
| Rachael Levy / Reuters: |
Sources: Elon Musk approached brain-computer interface developer Synchron about a potential investment, after expressing frustration with Neuralink's progress — Elon Musk has approached brain chip implant developer Synchron Inc about a potential investment as his own company Neuralink plays catch … | Ivan Levingston / Bloomberg: |
Just Eat sells its 33% stake in Latin American joint venture iFood to Prosus for $1.8B; Prosus will now fully own the Brazilian food delivery company — Just Eat Takeaway.com NV agreed to sell its 33% stake in Latin American joint venture iFood to Prosus NV for as much as 1.8 billion euros ($1.8 billion).
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TechCrunch, The Economic Times, Tech.eu, Reuters, Silicon Canals, and Financial Times
Tweets: @madhavchanchani and @ivanlevingston
| Zack Whittaker / TechCrunch: |
TechCrunch debuts a tool to check if an Android device is one of hundreds of thousands hacked by one of several spyware apps, after its probe into TheTruthSpy — TechCrunch today launched a spyware lookup tool that allows anyone to check if their Android device was compromised by a fleet … | Olga Kharif / Bloomberg: |
Ethereum's core developers have set September 15 as the tentative date for the long-awaited proof-of-stake Merge upgrade — The core developers working on the much-anticipated software upgrade of the Ethereum blockchain firmed up Sept. 15 as the likely official date of the so-called Merge.| Josh Horwitz / Reuters: |
Xiaomi misses with Q2 revenue of $10.31B, down 20% YoY, and net income of $305M, down 67%; smartphone sales, which generate 50%+ of its revenue, were down 29% — China's Xiaomi Corp (1810.HK) posted a steep drop in second quarter revenue on Friday as the world's biggest smartphone market shrank, hit by strict COVID restrictions.| Annie Burky / Fierce Healthcare: |
KeyCare, which is developing a telehealth service that works with medical records provider Epic Systems, has raised a $24M Series A — KeyCare, the only telehealth platform developed with medical records provider Epic Systems, nabbed $24 million in series A funding.
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