Techmeme
September 24, 2022, 3:00 PM

Top News

William Gallagher / AppleInsider:
Report: some NFT startups say they limit functionality in their iOS apps because Apple insists that its 30% in-app purchases commission applies to all trades  —  Startup and trading NFT firms say they ignore the App Store because Apple's rules, and 30% commission, make it untenable for them.
Nikhilesh De / CoinDesk:
Governor Newsom vetoes a crypto regulation bill that required licenses to facilitate transactions; the California State Assembly passed the bill in August 2022  —  The California Assembly passed the bill, which would create a licensing regime and stablecoin stipulations, at the end of August.
Christopher Mims / Wall Street Journal:
A look at some of the challenges of zero-trust systems that can create friction for users and employees, as businesses increasingly adopt them to fight hackers  —  Hackers keep tricking employees to gain access to corporate networks, so companies are changing their approach to make it harder to wreak havoc once they're in
Manish Singh / TechCrunch:
Source: Byju's has paid ~$234M to Blackstone for ~38% shares in Aakash, settling all its dues owed to the PE firm as part of a ~$1B deal from April 2021  —  Byju's has cleared all its dues to Blackstone by paying $234 million it owed the global investment giant for the $1 billion acquisition of Aakash …
More: Reuters
Natasha Singer / New York Times:
Study: LinkedIn's A/B testing of its People You May Know algorithm, involving 4M+ users in 2015 and 16M+ in 2019, could have affected some users' livelihoods  —  A study that looked back at those tests found that relatively weak social connections were more helpful in finding jobs than stronger social ties.
Rest of World:
A court in Brazil temporarily bans Valeu, a government-run delivery app created to fight the monopoly of iFood, after complaints about unfair competition  —  Free-market politicians argue that a government-controlled app is unfair competition.  —  • RIO DE JANEIRO, BRAZIL
Jennifer Elias / CNBC:
Leaked audio: at a Google all-hands, Sundar Pichai expressed some annoyance at employees asking about cost cutting, telling them not to “equate fun with money”  —  - Google CEO Sundar Pichai spent much of this week's all-hands meeting addressing employee concerns about company cost-cutting measures.
Cecilia D'Anastasio / Bloomberg:
Internal letter shows Twitch SVP of global creators Constance Knight resigned on the same day the company announced revenue sharing changes for top creators  —  The senior vice president of global creators at Twitch told employees she is leaving the company on the same day it announced changes …
Todd Woody / Bloomberg:
How Whale Safe is using real-time data and AI to detect endangered whales in the Bay Area's busy shipping lanes and alert ships to avoid collisions  —  Is your iPhone whale-safe?  Smartphones, like many consumer products, arrive in the US on giant container ships, vessels that are leading killers …

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More News

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Earlier Picks

Drew Harwell / Washington Post:
Wall Street Journal:
Tripp Mickle / New York Times:
Nelson Wang / CoinDesk: