Techmeme
September 16, 2022, 2:25 PM

Top News

New York Times:
Washington Post:
Uber's hacker, who claims to be 18 years old, says he hacked Uber for fun, using social engineering, might leak source code, and has access to its AWS account  —  The company said in a tweet it was “responding to a cybersecurity incident”  —  SAN FRANCISCO — Uber's computer systems …
Tim Hakki / Decrypt:
The White House releases a “comprehensive framework” for US crypto regulation, outlining various federal agencies' recommendations after six months of study  —  The White House's recommendations are built on six months of wide-ranging research across the digital asset sector.
Abner Li / 9to5Google:
Intel says the company plans to replace its Pentium and Celeron brands, debuted in 1993 and 1998, with Intel Processor, starting with notebooks in 2023  —  While there are more and more premium Chrome OS devices, the category very much excels at the cheaper end of the market.
New York Times:
Former TikTok and ByteDance staff say TikTok CEO Shou Zi Chew's power is limited; ByteDance founder Zhang Yiming and other executives make most of the decisions  —  Shou Zi Chew, TikTok's chief executive, is balancing how to be an autonomous leader while juggling the demands of the app's Chinese parent company.
Nico Grant / New York Times:
Leaked audio: YouTube will lower the barriers to entry for its partner program and bring ads to Shorts, paying creators 45% of ad money vs. 55% for YouTube ads  —  The video platform will let more creators earn payments and place ads in Shorts, its TikTok competitor, according to audio from an internal meeting.
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 …
Mike Truppa / The Block:
Makena Kelly / The Verge:
Parler restructures as Parlement Technologies after raising a $16M Series B and acquires Dynascale to offer “uncancelable” cloud services for online businesses  —  On Friday, Parler announced that it was entering the internet infrastructure industry in order to provide new …
Bloomberg:
PitchBook: the Adobe deal makes Figma the largest VC-backed exit in 20+ years; source: Figma's biggest outside shareholder is Index Ventures with a 12%+ stake  —  Danny Rimer first invested in Figma in 2012, shortly after the company was established and began developing software tools for designers.
Bryce Elder / Financial Times:
Bloomberg:
Steven Bertoni / Forbes:
Ryan Breslow, who stepped down as Bolt Financial CEO in January, launches Love, a DAO to fund clinical trials in alternate medicine, with $7.5M in funding  —  The controversial founder and executive chairman of payment company Bolt slides into the CEO seat of an early-stage wellness startup.

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Cat Zakrzewski / Washington Post:

Earlier Picks

Casey Newton / Platformer:
The Information:
Natasha Singer / New York Times: