Techmeme
August 31, 2022, 12:15 AM

Top News

Alex Heath / The Verge:
Sources: Snap plans to start laying off ~20% of its 6,400+ employees on August 31, 2022  —  Snap's stock price has declined nearly 80 percent this year  —  Snap is planning to lay off approximately 20 percent of its more than 6,400 employees, according to people familiar with the matter.
Alex Heath / The Verge:
Netflix hires two Snap executives to lead its ad-supported tier: Chief Business Officer Jeremi Gorman and VP of Sales for the Americas Peter Naylor  —  Snap's VP of ad sales is also leaving for Netflix  —  Netflix has found an executive to lead its plan for an ad-supported tier …
The Verge:
Sources: Twitter was working to monetize its adult content with OnlyFans-style subscriptions until a “red team” noted the prevalence of CSAM on the platform  —  Internal documents and Twitter employees reveal the need for massive investment to remove illegal content — but executives haven't listened
Sara Fischer / Axios:
Google says it has not yet approved Truth Social's Play Store app due to insufficient content moderation; CEO Devin Nunes said the decision “is up to Google”  —  Google hasn't yet approved Truth Social's Android app for distribution via its Play Store because of insufficient content moderation …
MK Manoylov / The Block:
Kevin Rose's NFT startup Proof announces a $50M Series A led by a16z, the NFT project Moonbirds Mythics launching in 2023, and a DAO to license Moonbirds' name  —  - Additional participants in the round include Collab+Currency, Flamingo DAO, SV Angel, VaynerFund and Seven Seven Six.
Juli Clover / MacRumors:
Apple debuts Xcode Cloud subscriptions for developers for up to $400/month; 25 compute hours per month is free until the end of 2023 and $15/month afterward  —  Apple today announced that developers can purchase subscriptions to Xcode Cloud, a continuous integration and delivery service that's built into the Xcode app.
Ivan Mehta / TechCrunch:
Twitter releases its Circle feature out of beta on iOS, Android, and the web, letting users tweet to smaller, selected groups of up to 150 people  —  Twitter is launching its Circle feature — which lets you post a tweet to a select set of people — globally.
Wall Street Journal:
Aditya Hadi Pratama / Tech in Asia:
Indonesia-based ESB, which provides restaurant management tools including a POS system and kitchen operations software, has raised a $29M Series B  —  ESB, an Indonesian restaurant management platform, has raised US$29 million in its series B funding round led by Northstar Group and Alpha JWC Ventures.
Jack Stebbins / CNBC:
Royal Caribbean Cruises partners with SpaceX's Starlink to offer internet onboard all its ships; installations are scheduled to be completed in early 2023  —  - Royal Caribbean Cruises will begin offering onboard internet via SpaceX's Starlink satellite network.
Andy Baio / Waxy.org:
A look at 12M+ of the 2.3B images used to train Stable Diffusion reveals ~47% came from only 100 domains; the largest number or 8.5% originated from Pinterest  —  One of the biggest frustrations of text-to-image generation AI models is that they feel like a black box.

Sponsor Posts

Airtable:
Meet Airtable ProductCentral  —  The unified solution for managing your entire product development process in the AI era.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
Zoho SalesIQ turns 10: Transforming customer experiences since 2014  —  October marked a remarkable milestone for Zoho SalesIQ—our 10th anniversary.  What began in 2014 as a simple live chat tool has evolved …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Fri. 11/01 - ChatGPT Search
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:15 AM ET, August 31, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Jonathan Greig / The Record:
Natasha Singer / New York Times:
Tatum Hunter / Washington Post:
Jordan Middler / Video Games Chronicle:

Earlier Picks

Giles Turner / Bloomberg:
NBC News:
Emily Anthes / New York Times:
Mark Bergen / Bloomberg:
Debby Wu / Bloomberg: