Techmeme
October 16, 2022, 1:30 PM

Top News

Osato Avan-Nomayo / The Block:
Hacker behind the Mango Markets exploit keeps $47M and returns $67M to the DeFi platform after a Mango community vote; he claims his actions were legal  —  - Eisenberg called the exploit a “profitable trading strategy” and said his actions were legal.  — The Mango exploiter said the deal …
Mark Gurman / Bloomberg:
Sources: Apple plans to launch 11" and 12.9" iPad Pros with M2 in October and is working on a Mac mini with M2, Apple TV with A14, and a low-end iPad with USB-C  —  Apple's next product launch is just days away.  Also: The company withholds new employee benefits from its unionized retail store …
Wall Street Journal:
Internal Meta docs detail its metaverse struggles; Horizon Worlds has ~200K MAUs vs. a 500K goal by the end of 2022; 9% of worlds are ever visited by 50+ people  —  Most visitors to Horizon Worlds generally don't return after first month; ‘an empty world is a sad world’
Hamish McKenzie / On Substack:
Instead of other newsletter platforms, Substack should be compared to services giving creators direct relationships with fans, like Shopify, Twitch, and Patreon  —  Or the creator economy, for that matter  —  When we started Substack in 2017, we told people that we made it simple to start a paid subscription publication.
Paul Sawers / TechCrunch:
UK-based Zen Educate, a marketplace that algorithmically matches schools with the best available teachers, raised a $21M Series A extension to fuel US expansion  —  Zen Educate, an online marketplace that algorithmically matches schools with the best available teachers, has raised £19.3 million …
Eleanor Cummins / Wired:
Holding platforms accountable for algorithms promoting self-harm is hard because research linking mental health and social media doesn't establish causation  —  A British court ruled that teenager Molly Russell died in part because of online content—but holding platforms accountable is complicated.
Dan Goodin / Ars Technica:
Microsoft admits Windows was not properly downloading and applying updates to the driver blocklist designed to thwart “bring your own vulnerable driver” attacks  —  Microsoft said Windows automatically blocked dangerous drivers.  It didn't.  —  For almost two years …

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