Techmeme
September 15, 2022, 6:20 PM

Top News

Bloomberg:
Adobe plans to buy UI design and prototyping tool Figma for ~$20B, half cash and half stock; CEO Dylan Field will continue to lead Figma; ADBE closed down 16.8%  —  Adobe Inc. agreed to buy software design startup Figma Inc. in a deal valued at about $20 billion in a bid to expand its suite of creative tools for professionals.
Victoria Song / The Verge:
Casey Newton / Platformer:
TikTok and ByteDance's links to China mean wrongdoing will be punished more harshly in the US than Meta and Twitter, no matter how “transparent” the company is  —  In new testimony to Congress, the company faces stern questions on China  —  Ever since TikTok became …
Taylor Hatmaker / TechCrunch:
In a US Senate committee hearing, Meta, YouTube, TikTok, and Twitter executives defended their platforms and dodged security, privacy, and moderation questions  —  Executives from four of the biggest social media companies testified before the Senate Homeland Security Committee Wednesday …
Amanda Silberling / TechCrunch:
TikTok rolls out Now, a BeReal-like feature, to its app in the US, with daily prompts to capture a 10-second video or a photo using both front and back cameras  —  TikTok launched a new feature today that is basically just a copy of BeReal, the buzzy French social app that's been steadily gaining popularity.
Mike Truppa / The Block:
Ethereum activates its long-awaited Merge upgrade, in development since 2020, and transactions are now being processed under proof of stake  —  - The Merge upgrade is transitioning Ethereum from proof of work to proof of stake.  — The Merge is one of the largest technological events in the industry to date.
Drew Harwell / Washington Post:
Senator Ron Wyden reveals the CBP told Congress it adds data from ~10K travelers' devices per year to a database, accessible by 2,700 officers without a warrant  —  Contacts, call logs, messages and photos from up to 10,000 travelers' phones are saved to a government database every year
Mariella Moon / Engadget:
Snap makes Snapchat for Web available to all users globally, including chat, photos, and audio and video calls, releases iOS 16 lock screen widgets, and more  —  Snapchat's messaging and video chat features first made their way to browsers back in July, but only in select markets and for Snapchat+ subscribers.
Financial Times:
Sources: alongside the UK's CMA, the EU is expected to open an in-depth probe into Microsoft's $75B Activision bid due to its size and concerns from rivals  —  Regulators in Brussels expected to follow CMA with plans for prolonged competition investigation  —  Microsoft's $75bn acquisition …
Natasha Singer / New York Times:
California Governor Newsom signs into law an online safety bill that puts limits on the data companies collect on minors; the law goes into effect in July 2024  —  The bill could require many social media sites, games and other online services used by children to install protections for minors.
Adi Robertson / The Verge:
Meta's Oversight Board says the company should be more careful with automated moderation and criticizes it for removing a cartoon of police violence in Colombia  —  Meta's Oversight Board says the company should be more careful with automated moderation tools, criticizing it for removing a cartoon depicting police violence in Colombia.
Natasha Lomas / TechCrunch:
EU lawmakers propose the Cyber Resilience Act, a set of cybersecurity rules for IoT and smart device makers to provide ongoing support and patches or face fines  —  European Union lawmakers have proposed a new set of product rules to apply to smart devices that's intended to compel makers …
Sandali Handagama / CoinDesk:
Chainalysis: emerging markets, led by Vietnam and the Philippines, drove global cryptocurrency adoption over the past year; China remained active despite a ban  —  The blockchain analytics firm's 2022 Global Crypto Adoption Index also shows China remains active despite a ban on crypto trading.

Sponsor Posts

Termina:
AI Powered Diligence at Scale  —  VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities.  Explore how you too can invest and build better companies with AI.
Intel:
Intel Delivers powerful CPUs for AI and Networking  —  With the onset of AI, businesses demand powerful and efficient CPUs.  Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Zoho:
The future of remote AR support: Why Zoho Lens is the ideal choice  —  Imagine this: Your field technician is on site assessing malfunctioning heavy machinery.  Instead of waiting for an expert to travel to the location …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
E2EE For All!
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Decoder with Nilay Patel:
Why Trump can't be trusted with Congress' new anti-deepfake bill
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
Inside Bolt: From near-death to ~$40m ARR in 5 months--one of the fastest-growing products in history | Eric Simons (founder & CEO of StackBlitz)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
The Logan Bartlett Show:
Flexport CEO Ryan Petersen Breaks Down the Global Impact of Trump's New Tariffs
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Generative Now:
Dan Shipper: The First MultiModal Media Company
A podcast from Lightspeed dedicated to highlighting the stories, strategies and insights behind today's most exciting AI companies.
Subscribe to Generative Now.
Spotlight On:
Nebius's Arkady Volozh on What it Takes to Build Infrastructure Needed for the AI Era
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:20 PM ET, September 15, 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

Laura Cappelle / New York Times:

Earlier Picks

Stephanie Murray / The Block: