Techmeme
October 24, 2022, 1:10 PM

Top News

Financial Times:
A look at the long-term impact on TSMC's business as the US seeks to reduce its dependency on Taiwanese chips and cut China off from key semiconductor supplies  —  Washington wants the company that dominates semiconductors to move more production to the US but Taipei is resisting
Financial Times:
Emma Roth / The Verge:
YouTube rolls out design changes to its app, including pinch-to-zoom, more precise seeking, and a darker dark mode  —  YouTube announced some new design changes that are rolling out now, including pinch-to-zoom for everyone and precise seeking with a more usable preview to help you find the section of the video you're looking for.
The Bureau of Investigative Journalism:
Interviews with TikTok moderators in Colombia, contracted via Teleperformance, describe pay as low as $10 per day, horrific content, long hours, and more  —  Content warning: This story contains description of extreme and disturbing violence, suicide, child abuse and cruelty to animals.
Brad Gerstner / @altcap:
In an open letter, Altimeter Capital founder and CEO Brad Gerstner encourages Meta to cut capex by $5B+, cut headcount by 20%+, limit metaverse R&D to $5B/year  —  As you know, we are long-term shareholders.  Despite public skepticism — at times warranted — we have been supporters …
Dan Seifert / The Verge:
iPad (10th gen) review: great performance and battery, lots of apps, and USB-C, but accessories are confusing and expensive, high price, and average display  —  Apple's latest base-model iPad cribs a lot of features from the more expensive iPad Air.  But it also is considerably more expensive than before, making it a tough sell.
Benjamin Mayo / 9to5Mac:
Apple raises Music price by $1 to $10.99 per month for individuals, TV+ by $2 to $6.99, and Apple One by $2 to $16.95, citing increased licensing costs  —  Apple is today increasing the prices of its Apple Music and Apple TV+ subscription services.  The Apple One bundle price is also rising in unison.
Henry Ren / Bloomberg:
As President Xi Jinping consolidates his grip on China's ruling party, Alibaba, JD.com, Naspers, and other tech stocks drop by 10%+  —  US-listed Chinese stocks tumbled in premarket trading, with investors spooked by President Xi Jinping's tightening grip on China's ruling party …
Sunil Jagtiani / Bloomberg:
FTX plans to offer $6M to account holders impacted by a phishing incident via a third-party site, but says this kind of relief will not become the norm  —  Digital-asset exchange FTX will provide about $6 million compensation to its account holders impacted by a phishing incident via a third-party website.
David Pierce / The Verge:
After months of beta tweaks, iPadOS 16's Stage Manager still is not a great app switcher for multitasking, plagued by bugs and confusing app management logic  —  There is really only one big idea inside of iPadOS 16.  The new operating system comes with plenty of improvements and upgrades …
Wall Street Journal:
Sources: US banks backing Elon Musk's Twitter deal plan to hold all $13B of debt on their balance sheets rather than selling it, amid a difficult debt market  —  Truncated timeline to sell $13 billion in debt—and strained market conditions—could make Twitter the biggest ‘hung’ buyout deal of all time

Sponsor Posts

Google:
Gemini 2.5 Pro: Our most intelligent AI model  —  Gemini 2.5 Pro (experimental) is now available, with thinking capabilities, enhanced performance, and improved accuracy.  Try it at no cost in the Gemini app.
UiPath:
Introducing the UiPath Platform™ for agentic automation  —  UiPath's new platform empowers enterprises to experience the full power of AI to transform industries
Zoho:
The power of asynchronous communication: Striking the right balance in the workplace  —  Asynchronous communication may have surged during the transition to remote work, but as the years passed and teams returned …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Channels with Peter Kafka:
How to fight Apple and (maybe) win, with Epic Games CEO Tim Sweeney
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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Invest Like the Best:
David Senra - The Focused Few
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Techmeme Ride Home:
Why Clone A Messaging App?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Grit:
HubSpot CEO on the Future of SaaS, AI, & Leading Through Change
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Inside Devin: The world's first autonomous AI engineer that's set to write 50% of its company's code by end of year | Scott Wu (CEO and co-founder of Cognition)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Hard Fork:
The Dangers of A.I. Flattery + Kevin Meets the Orb + Group Chat Chat
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
 

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More News

Adam James / The Block:
Natasha Singer / New York Times:

Earlier Picks

Michael Mignano / Lightspeed Venture Partners: