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September 15, 2022, 11:35 PM
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memeorandum
WeSmirchTop 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.
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Figma, Adobe Press Releases, Wall Street Journal, The Verge, TechCrunch, Greylock, The Information, ZDNet, SecurityWeek, CRN, PYMNTS.com, SiliconANGLE, Daring Fireball, Silicon Valley Business …, CNBC, Index Ventures, Space Among The Clouds, Tomasz Tunguz, Engadget, Pixel Envy, Forrester, Michael Tsai, The Information, iTnews, DEVCLASS, Crunchbase News, and Reuters
Tweets: @zoink, @kateconger, @litcapital, @semil, @joshm, @rolfewinkler, @tomwarren, @gergelyorosz, @kwharrison13, @adobe, @ajmedick, @purplemikey, @balamobi, @johnolilly, @ravisutanjani, @katie_roof, @greylockvc, @lkanies, @scottw_grizzle, @juanbuis, @hyumankind, @siderro, @balajis, @notdetails, @leyeconnect, @mdudas, @noupside, @sarthakgh, @jaminball, @levie, @ncresq, @benedictevans, @reichenstein, @zoink, @ampressman, @hunterwalk, @mrdoob, @tanayj, @gergelyorosz, @jevon, @alurdesign, @jowyang, @scottbelsky, @joshuatopolsky, @mordorinc, @charliprangley, @kenwattana, @kenneynl, @rga, @ricmac, @kateclarktweets, @mrdoob, @om, @kateclarktweets, @gergelyorosz, @ulonnaya, @mamoonha, @villi, @chrismessina, @techau, @leeloowrites, @wongmjane, @arainert, @gavinsbaker, @reidhoffman, @gavinsbaker, @tomwarren, @ashleymayer, @mamoonha, @gk3, @jenniferdaniel, @cynthialive, @vijayt1609, @sindresorhus, @mayazi, @om, @seldo, @alex, @buccocapital, @jamesm, @hunterwalk, @uxwendy, @stanphylcap, @flyosity, @siddarthpaim, @patrickmoorhead, @hbkirb, @reichenstein, @ericajoy, @stammy, @scottbelsky, @btaylor, @timsweeneyepic, and @nikitabier
| New York Times: |
Uber is investigating a breach of its computer systems, saying a hacker compromised a worker's Slack account and also gained access to other internal systems — The company said on Thursday that it was looking into the scope of the apparent hack. — Uber's computer network was breached on Thursday …
More:
CNN, The Guardian, Bloomberg, Washington Post, and Reuters
Tweets: @uber_comms, @3vansutton, and @kellen_browning
| Wall Street Journal: |
Speaking hours after Ethereum's Merge update, SEC Chair Gary Gensler says cryptocurrencies that let holders stake coins may be subject to US securities laws — SEC chairman says system used by ether following software update could trigger securities laws — WASHINGTON—Ethereum's big software update …
More:
CoinDesk, PYMNTS.com, Coin Center, Bloomberg, US Senate Committee on Banking, Housing, and Urban Affairs, Decrypt, and Crypto Adventure
Tweets: @piriya, @panekkkk, and @cryptoncoffeee
| 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.
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The Verge, CoinDesk, CNN, Ars Technica, Bloomberg, Cointelegraph, TechCrunch, Bloomberg, crypto.news, Politico, The Block, New York Times, Engadget, Coin Metrics' State …, Decrypt, Finextra, and Dan's Stack
Tweets: @vitalikbuterin, @koeppelmann, @vitalikbuterin, @cirrusnft, @beeple, @cz_binance, @vanityblocks, @vitalikbuterin, @bgarlinghouse, @digieconomist, @el33th4xor, @petermccormack, @cobie, @0xtransition, @yugalabs, @preston_vanloon, @tobi, @alex, @krls, @kaiynne, @trustlessstate, @trustlessstate, @robustus, @hasufl, @ercwl, @ercwl, @steventdennis, @buchmanster, @fintechfrank, @lopp, @robustus, @darrenlautf, @digitalassetbuy, @saylor, @hosseeb, @0xfoobar, @matthuang, and @lopp
| 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 …
More:
CNN, Slashdot, Social Media Today, and Bloomberg
| Charles Hutzler / Wall Street Journal: |
More:
PYMNTS.com, New York Times, The White House, South China Morning Post, Associated Press, InfoRiskToday.com, and PCMag. Tweets: @ericnewcomer
| 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.| Victoria Song / The Verge: |
Apple Watch Series 8 review: watchOS 9 is excellent, crash detection and temperature sensors are neat, but is not much of an upgrade and needs daily charging — ... don't upgrade … The concept, made famous by Toyota, means continuous improvement.
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CNET, MacRumors, TechCrunch, AppleInsider, TheStreet, Gizmodo, Men's Health, Wall Street Journal, Engadget, CNET, iMore, Engadget, iJustine on YouTube, YouTube, Gizmodo Australia, MobileSyrup, Forbes, Digital Trends, MacRumors, CNBC, NextPit, Gizmodo, SlashGear, 9to5Mac, and iThinkDifferent
Tweets: @reckless, @lisaeadicicco, @nicnguyen, @vicmsong, @alicedkc, @jetscott, @nicnguyen, and @nicnguyen
| 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.
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TikTok, Social Media Today, KnowTechie, Gizmodo, Fast Company, Adweek, Tech Xplore, CNN, XDA Developers, Tubefilter, and Digital Trends
Tweets: @tiktokcomms, @taylorlorenz, @cityofthetown, @mattnavarra, @biblegirl222, @carnage4life, @asilbwrites, @stokel, and @brianroemmele
| The Information: |
Memo to staff: Adam Mosseri says Instagram's creator surveys show the app lags behind TikTok and YouTube on the most important creator satisfaction dimensions — For the past couple of years, as Instagram has sought to better compete with TikTok, becoming more appealing to creators has been a top priority.
Tweets: @gtinari, @kyliebytes, @kyurieff, and @mattnavarra
| Casey Newton / Platformer: |
Source: Meta's Chris Cox directed the New Product Experimentation division to scale back; Meta says the division will focus on short-form video — Facebook's New Product Experimentation division is scaling back its mission dramatically, Platformer has learned.| 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
More:
U.S. Senator Ron Wyden …, CyberScoop, PCMag, U.S. Customs …, ZDNet, United States Senate, and Gizmodo
| Ben Schoon / 9to5Google: |
Some YouTube viewers say the platform's ads expanded in length and quantity over the past month or two, with reports of five to 10 unskippable ads per break — The experience of watching YouTube has been infiltrated by ads over the years as a means of maintaining the platform and supporting creators financially.
More:
The Keyword, Social Media Today, Gizmochina, PCMag, Gizmodo, GIANT FREAKIN ROBOT, India Today, Lowyat.NET, and Gearrice. Tweets: @rakeshlobster
| 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.
More:
Snap Newsroom, TechCrunch, Social Media Today, The Verge, iThinkDifferent, Android Headlines, and iMore
Tweets: @mattnavarra, @mattnavarra, and @tacolamp
| Kyle Wiggers / TechCrunch: |
Amazon unveils Customers Ask Alexa, which lets brands submit answers to common customer questions and link to their storefronts, rolling out in late 2022 — Amazon wants Alexa owners to buy more things. That's the clear impetus behind the new Alexa feature announced today …
More:
Engadget, Neowin, CNN, and MobileSyrup
| Kyle Wiggers / TechCrunch: |
Winn.AI, maker of an AI assistant to help sales teams track, capture, and update CRM entries, comes out of stealth with a $17M seed led by Insight and S-Capital — Conventionally, salespeople are responsible for juggling tasks like following a playbook, capturing responses, building rapport …
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FinSMEs
| 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.
Source:
Chainalysis. More:
South China Morning Post, TechCircle, Cointelegraph, Bitcoin Magazine, and Bitcoinist.com
| Natasha Mascarenhas / TechCrunch: |
NYC-based job-focused social network Polywork raised a $28M Series B led by ex-GitHub CEO Nat Friedman and Caffeinated Capital, and launches out of private beta — Stop trying to make Polywork happen. It's already happening. You may even be polyworking as you read this.
More:
Business Post, Peter, FinSMEs, and Business Wire
| 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 …
More:
GamesIndustry.biz, Eurogamer.net, International Business Times, CNN, Dot Esports, IGN, GameSpot, and Fortune
Tweets: @paultassi, @chris_dring, @riptari, and @tomwarren
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