Techmeme
September 15, 2022, 6:10 AM

Top News

Mike Truppa / The Block:
Ethereum activates its long-awaited The Merge upgrade 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.
David Pan / Bloomberg:
Ethermine, the largest Ethereum mining firm, plans to shut down its servers for miners after Ethereum's Merge and switch its mining pool to withdraw-only mode  —  Ethermine, the largest Ethereum mining services provider by computing power, will shut down its servers for miners …
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 …
Sarah Perez / TechCrunch:
Google redesigns the Memories feature in Photos to spotlight more videos, launches a collage editor, and will let users share Memories with friends and family  —  As consumer social apps shift their focus to video for social expression and adopt more creative tools, like those for collage-making …
New York Times:
California's AG files an antitrust lawsuit against Amazon, focusing on the company allegedly penalizing sellers who list products at lower prices on other sites  —  Rob Bonta, California's attorney general, said the retailer punishes companies that offer lower prices on other websites.
Patrick Kennedy / ServeTheHome:
Arm unveils Neoverse V2, its next-gen core for pushing cloud, hyperscale, and HPC performance workloads, which is set to power Nvidia's upcoming Grace CPU  —  Today Arm announced its next-generation cores for higher performance per core applications.  Dubbed the Arm Neoverse V2 or “Demeter” …
Sarah Perez / TechCrunch:
Google cancels seven out of 14 projects in its Area 120 incubator, including Qaya, which offered storefronts for creators, and shifts to only AI-first projects  —  Google CEO Sundar Pichai, speaking at the Code Conference last week, suggested the tech company needed to become 20% more efficient …
Zeyi Yang / MIT Technology Review:
Users say a demo of ERNIE-ViLG, Baidu's new text-to-image AI model, labels words in political contexts as “sensitive” and blocks them from generating a result  —  The new text-to-image AI developed by Baidu can generate images that show Chinese objects and celebrities more accurately than existing AIs.
Stephanie Murray / The Block:
Coinbase updates its app to let US users see a scorecard that evaluates members of Congress on crypto policy issues, register to vote, and find political events  —  - Coinbase is getting political: The exchange added new app features to help users evaluate lawmakers, register to vote and find political events.
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:
Amanda Silberling / TechCrunch:
Canva unveils new products Docs, Websites, Whiteboards, and Data Visualization, brings background removing to videos, and adds a remote control to Presentations  —  Canva is further establishing itself as more than just a user-friendly graphic design tool.  The Australian company announced …
Adi Robertson / The Verge:
California Governor Gavin Newsom signs AB 587 into law, requiring social networks to share moderation rules, despite concerns it may violate the First Amendment  —  California Governor Gavin Newsom has signed a law aimed at making web platforms monitor hate speech, extremism, harassment, and other objectionable behaviors.
Tom Matsuda / The Block:
Crypto market maker Portofino, founded by former Citadel Securities executives, emerges from stealth with $50M from Peter Thiel's Valar Ventures and others  —  - Former Citadel Securities execs Leonard Lancia and Alex Casimo have raised $50 million as they launch crypto market maker Portofino Technologies.
More: Bloomberg

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