Techmeme
August 25, 2022, 2:25 PM

Top News

Tom Warren / The Verge:
Sony raises the PS5's price in the UK, Europe, Japan, China, Australia, Mexico, and Canada by as much as 10%, citing rising inflation; the US price is unchanged  —  It blames global economic challenges for the change  —  Sony is increasing its PS5 prices in the UK, Europe, Japan, China, Australia, Mexico, and Canada.
Washington Post:
At a hearing seeking more data on bots from Twitter, Elon Musk's lawyers cite whistleblower Peiter Zatko's claims; Twitter says spam counts are merely estimates  —  The hearing concerned the ability of Musk's team to demand information about Twitter's internal practices and data
CNN:
Natasha Lomas / TechCrunch:
Cat Zakrzewski / Washington Post:
Todd Bishop / GeekWire:
Internal memo: Amazon will stop offering Amazon Care at the end of 2022, after determining that it wasn't “the right long-term solution” for enterprise clients  —  Amazon will stop offering its Amazon Care primary health-care services at the end of this year, according to an internal memo …
Steven Zeitchik / Washington Post:
Despite huge ad campaigns by crypto companies, a Pew survey of US adults shows those trading crypto has stayed flat at 16% from September 2021 to July 2022  —  The majority of Americans remain immune to the industry's sales pitches, Pew survey finds  —  Over the past year, crypto companies like FTX …
Amrith Ramkumar / Wall Street Journal:
Atlanta-based Bitcoin Depot, which operates over 7,000 bitcoin ATMs across North America, plans to go public via SPAC at a ~$885M valuation  —  Investor appetite for bitcoin ATMs to be tested as the cryptocurrency and SPAC markets slump  —  Here's Why Crypto Might Not Be Dead  —  Created with sketchtool.
Jon Fingas / Engadget:
HP announces two PCs, the 13.5-inch Dragonfly Folio G3, starting at $2,379, and 34-inch All in One, starting at $2,119, alongside a webcam and 4K display  —  HP's work PCs typically focus more on performance than clever features, but you can't accuse it of playing it safe this time around.
Hannah Miller / Bloomberg:
FTX's Alameda Research co-CEO Sam Trabucco steps down, saying he has chosen “to prioritize other things”; co-CEO Caroline Ellison will run the trading affiliate  —  Alameda Research Co-Chief Executive Officer Sam Trabucco is stepping down, saying he's chosen “to prioritize other things” …
Carly Page / TechCrunch:
Group-IB researchers detail hacking group 0ktapus, responsible for the recent breaches at Twilio and 130+ organizations, gaining credentials of ~10K employees  —  The hackers that breached Twilio earlier this month also compromised over 130 organizations during their hacking spree that netted …
Bloomberg:
Microsoft's Phil Spencer says he's encouraged by progress toward Activision Blizzard deal approval and believes exclusive games made for one platform are fading  —  Microsoft Corp.'s Phil Spencer, chief executive officer of gaming, said he's encouraged by the progress made in discussions …

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More News

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Earlier Picks

Kif Leswing / CNBC:
Kharishar Kahfi / The Block:
Stanford Internet Observatory:
Adrienne So / Wired:
Mariella Moon / Engadget: