Techmeme
September 14, 2022, 2:35 PM

Top News

Nilay Patel / The Verge:
iPhone 14 Pro review: excellent performance and an incredible 48MP camera, but Dynamic Island's potential isn't fully realized and the camera sharpens too much  —  The dynamic island is a potentially good idea that's waiting for the next step … Apple pulled off some unexpected surprises …
Allison Johnson / The Verge:
Apple iPhone 14 review: an improved selfie camera and good battery life, but feels like an iPhone 13S with no ProMotion and the eSIM transition could be painful  —  A slight camera upgrade, new emergency features, and... not a whole lot else … The iPhone 14 is good.  You probably shouldn't buy an iPhone 14.
Hooyeon Kim / Bloomberg:
A South Korean court issues an arrest warrant for Terraform Labs founder Do Kwon and five others located in Singapore, after LUNA and UST's collapse in May 2022  —  A court in South Korea issued an arrest warrant for Do Kwon, the founder of the Terraform Labs cryptocurrency ecosystem …
Stephanie Bodoni / Bloomberg:
An EU court backs the European Commission's decision to fine Google over Android antitrust breaches but trims the record €4.3B fine to €4.1B; Google can appeal  —  Google lost most of the first round of its battle to topple a record 4.3 billion-euro ($4.3 billion) …
CNN:
After a package exploded at Northeastern University's virtual reality lab, sources say it included a “rambling” note criticizing Mark Zuckerberg and VR  —  Authorities in Boston have launched an investigation after a package sent to Northeastern University exploded and injured a staff member Tuesday evening, officials said.
Amanda Silberling / TechCrunch:
Patreon lays off 80 employees, or about 17% of its staff, and closes its offices in Dublin and Berlin; the company raised $155M in April 2021 at a $4B valuation  —  The creator subscription company Patreon is the latest company to be affected by a long line of tech layoffs.
Cheng Ting-Fang / Nikkei Asia:
Sources: Apple plans to use TSMC's N3E 3nm chipmaking process, expected in H2 2023, for its A17 chips in some 2023 iPhones and its M3 chips for Macs  —  Move will mark industry's first adoption of updated production technology  —  TAIPEI — Apple aims to be the first company to use …
Reuters:
South Korea fines Google ~$50M and Meta ~$22M for failing to obtain user consent before collecting behavioral data to infer interests and tailor ads  —  South Korea levied fines running into millions of dollars on Alphabet's (GOOGL.O) Google and Meta Platforms (META.O) following accusations …
Ashley Capoot / CNBC:
Twilio plans to lay off 11% of its workforce, or around 900 staff, as part of a bid to become profitable by 2023; CEO Jeff Lawson says Twilio grew “too fast”  —  - Twilio will lay off 11% of its workforce as part of a major restructuring plan, according to a filing.
The Verge:
PlayStation VR2 hands-on: easy to set up, a joy to use, the OLED display looks great, the Sense controllers are a marked improvement, gameplay is fun, and more  —  And it's pretty good … Sony's PlayStation VR2 may not be coming out until next year, but after months of drip-feeding news …
Wall Street Journal:
Sources: after its funds performed poorly, SoftBank considers launching a third Vision Fund; Vision Fund 2 is now worth 19% less than the $49B invested  —  Despite massive losses, Japanese billionaire Masayoshi Son has tried to chart a new path for the tech investment giant
Lawrence Abrams / BleepingComputer:
Microsoft releases 63 security fixes, including patches for two zero-day flaws, one of which is being actively exploited, and five critical RCE vulnerabilities  —  Today is Microsoft's September 2022 Patch Tuesday, and with it comes fixes for an actively exploited Windows vulnerability and a total of 63 flaws.
The Verge:
In response to SCOTUS overturning Roe v. Wade in June, period tracking app Flo releases an Anonymous Mode for iOS, improving privacy but disabling some features  —  Period tracking app Flo released an “Anonymous Mode” on Wednesday, which lets people use the app without linking their data to their name, email address, or IP address.
Kevin Collier / NBC News:
Disinformation campaigns use text messages ahead of the 2022 US midterms; in Kansas, voters got texts falsely saying a “yes” vote would protect abortion access  —  The biggest election disinformation event of the 2022 midterm primaries was not an elaborate Russian troll scheme that played out on Twitter or Facebook.
Naomi Nix / Washington Post:
As Meta funnels billions into VR, some developers worry about strict app store rules, acquisitions that dominate the market and throttle competition, and more  —  Virtual reality creators say Meta now has the power to determine which apps will be successful and which will be left in obscurity
Brady Dale / Axios:
The US Treasury clarifies its Tornado Cash guidance and tells users who used the service for lawful transactions can apply for a license to withdraw their funds  —  New guidance from the U.S. Treasury Department's Office of Foreign Assets Control provides a roadmap for people who used Tornado Cash …
Christine Hall / TechCrunch:
NYC-based Power, a fintech infrastructure startup offering full-stack credit card issuance, emerges from stealth with a $16.1M seed and a $300M credit facility  —  Power, a fintech infrastructure startup, is now kicking off its full-stack credit card issuance platform after a year in stealth mode …

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