Techmeme
October 7, 2022, 3:45 PM

Top News

Elizabeth Howcroft / Reuters:
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”  —  Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain …
Alex Heath / The Verge:
Memo: Meta VP of Metaverse Vishal Shah says Horizon Worlds is suffering from too many quality issues and even the team building the app isn't using it very much  —  Meta's VR social network Horizon Worlds — the company's flagship “metaverse” app — is suffering from too many quality issues …
Kashmir Hill / New York Times:
A look at life in Meta's VR social network Horizon Worlds, engaging with early adopters including gamers, preteens, parents, insomniacs, and aspiring comedians  —  Every hour of the day and night with the gamers, parents, insomniacs, preteens and aspiring comedians who are the earliest adopters …
Lauren Feiner / CNBC:
Biden signs an EO to implement Privacy Shield 2.0, the EU-US data transfer framework seeking to address EU concerns of surveillance by US intelligence agencies  —  - President Joe Biden signed an executive order to implement a new framework to protect the privacy of personal data shared between the U.S. and Europe.
Roula Khalaf / Financial Times:
An interview with Elon Musk about his Twitter obsession and more: it is “vaguely therapeutic” to “play the fool on Twitter” and asks “aren't you entertained?”  —  Dinner with Elon Musk begins with a drive in a Tesla.  I am seated in the back, next to X, the billionaire's two-and-a-half-year-old son.
Richard Lawler / The Verge:
Filing: a judge grants Elon Musk's request to halt the Twitter trial and says that if the deal doesn't close by 5pm on October 28, the trial begins in November  —  The pending trial between Elon Musk and Twitter is suddenly on hold, as Judge Kathaleen McCormick granted the Musk side's request for a stay …
Karissa Bell / Engadget:
Meta warns 1M Facebook users that their account info may have been stolen by 400+ apps on the App Store and Google Play that have a “Login with Facebook” button  —  Meta is warning 1 million Facebook users that their account information may have been compromised by third-party apps from Apple or Google's stores.
Max A. Cherney / Protocol:
The Biden administration issues sweeping rules that significantly expand the limits on exports to China of chips and tools to make advanced chips and other tech  —  The U.S. unveiled a set of new regulations Friday that aim to choke off China's access to advanced chips …
Ana Swanson / New York Times:
The Biden administration adds 31 Chinese companies and institutions including YMTC to an “unverified list”, limiting their ability to get some regulated US tech  —  The White House issued sweeping restrictions on selling semiconductors and chip-making equipment to China …
Financial Times:
Sources: Ukrainian troops report widespread outages of Starlink devices, often in areas on the front line where their advances have not been made public yet  —  Some of Elon Musk's SpaceX devices stopped working when Ukrainian soldiers liberated territory, Kyiv officials say

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
How remote support can make your Christmas stress-free  —  As Christmas approaches, the air fills with the anticipation of joy, family gatherings, and gift-giving.  While the season brings immense happiness …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
(BNS) Calvin And Hobbes - With Daniel Kibblesmith
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.

More News

Earlier Picks

Bloomberg:
Todd Haselton / CNBC:
Damien Wilde / 9to5Google: