Techmeme
October 24, 2022, 8:35 AM

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:
Mark Gurman / Bloomberg:
Sources: 14" and 16" MacBook Pro with M2 Pro and M2 Max and an M2 Mac mini are coming soon; Apple tests a Mac Pro with 24 CPU cores, 72 GPU cores, and 192GB RAM  —  Apple's latest iPad lineup and software strategy is its most confusing to date, but here's how the company could ultimately fix it.
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.
Michael Mignano / Lightspeed Venture Partners:
Whereas Creator Economy companies have mostly built infrastructure for the top 1% of creators, new AI tools will fuel businesses that democratize creativity  —  Creativity has become the focal point of our modern Internet economy.  What was once just a means of artistic expression now powers …
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 …
Bono / The Guardian:
In his memoir, Bono details making a deal with Steve Jobs for the U2 iPod in October 2004 and convincing Tim Cook to give away a U2 album in September 2014  —  In an exclusive extract from his memoir, the singer looks back  —  nything strange or startling?  " That's how my da, Bob, opens our conversations.
The Wire:
The Wire retracts two recent stories about Meta's XCheck program and says it is using “independent external experts” to investigate its coverage  —  Earlier this week, The Wire announced its decision to conduct an internal review of its recent coverage of Meta, especially the sources and materials involved in our reporting.
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
Karl Vick / TIME:
Iranian activists smuggle Starlink receivers into the country for a backup internet, citing “no Starlink donation” from SpaceX nor US government participation  —  Starlink receivers have begun to arrive inside Iran, smuggled into the country in hopes of providing a backup internet …
Associated Press:
Iran's atomic energy agency says hackers breached its email system; hacking group Black Reward leaked 50GB of emails and Bushehr power plant construction plans  —  Iran's atomic energy agency alleged on Sunday that hackers acting on behalf of an unidentified foreign country broke …
Bill Toulas / BleepingComputer:
Researchers find thousands of repos on GitHub offering fake proof-of-concept exploits for various vulnerabilities, with many of them containing malware instead  —  Researchers at the Leiden Institute of Advanced Computer Science found thousands of repositories on GitHub that offer fake proof-of-concept …

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