Techmeme
December 8, 2022, 2:45 AM

Top News

Wall Street Journal:
Apple plans to launch Advanced Data Protection, offering E2EE on iCloud backups, Notes, Photos, and more, in the US in 2022 and globally including China in 2023  —  ‘Advanced Data Protection’ will offer end-to-end encryption on iCloud backups, Notes, Photos and other services—a step that may draw ire from law enforcement
Lily Hay Newman / Wired:
Apple won't launch its CSAM detection tool for iCloud photos, instead focusing its anti-CSAM efforts on the Communication Safety features launched in 2021  —  The company plans to expand its Communication Safety features, which aim to disrupt the sharing of child sexual abuse material at the source.
Chance Miller / 9to5Mac:
New York Times:
Sources: US prosecutors are probing whether Sam Bankman-Fried manipulated the market for TerraUSD and LUNA, triggering the cryptocurrencies' collapse in May  —  Federal prosecutors are investigating whether Sam Bankman-Fried and his hedge fund orchestrated trades in a way that led to the collapse of two cryptocurrencies in May.
Eduard Kovacs / SecurityWeek:
Pwn2Own Toronto 2022: participants earned a total of $400K for new exploits targeting Samsung Galaxy S22, printers, routers, and NAS devices on the first day  —  On the first day of the Pwn2Own Toronto 2022 hacking competition, participants earned a total of $400,000 for new exploits targeting phones, printers, routers and NAS devices.
Cecilia Kang / New York Times:
Indiana's AG sues TikTok for deceiving users about China's access to data and for exposing kids to mature content, in the first US state lawsuits against TikTok  —  The lawsuits are the first by an American state against TikTok, which is owned by the Chinese company ByteDance, in a sign of mounting legal pressure.
Shawna Chen / Axios:
Wall Street Journal:
How tensions grew between Salesforce co-CEOs Marc Benioff and Bret Taylor for months; sources: Benioff was frustrated about how Taylor was spending his time  —  Exit of Bret Taylor from role he has shared for about a year wasn't long planned  —  The Tech Sector Is Taking a Beating.  Here's Why.
Aisha Malik / TechCrunch:
Instagram debuts transparency tools to let users with professional accounts, like businesses and creators, know if their content is ineligible to be recommended  —  Instagram announced today that it's introducing new transparency tools so you can see whether your photos and videos are recommended in the app.
Jordan Novet / CNBC:
The Pentagon awards Amazon, Google, Microsoft, and Oracle a cloud-computing contract of up to $9B each through 2028 under the Joint Warfighting Cloud Capability  —  - Of the four companies receiving cloud-computing contracts from the Pentagon, all of them had received requests for bids from the U.S. federal agency last year.
Mark Matousek / The Information:
Sources: the SEC is investigating whether messaging app IRL misled investors; IRL raised $170M from SoftBank's Vision Fund 2 at a $1.17B valuation in June 2021  —  The Securities and Exchange Commission has been investigating whether SoftBank-backed messaging app IRL violated securities laws …
Alexandra Bruell / Wall Street Journal:
Sources: The Washington Post is exploring a spinoff or sale of its Arc XP publishing tool, which has ~250 staff globally and may generate $200M+ in ARR by 2027  —  Company has embraced digital experimentation under tech-billionaire owner; spinoff of Arc business also possible
Suzanne Smalley / CyberScoop:
The annual US defense policy bill contains significant spending increases for US Cyber Command and other efforts to bolster national cybersecurity defenses  —  Congress is poised to vote in coming days on an $858 billion annual defense policy bill that contains significant spending increases …
Semafor:
Sources: in January 2018, Alameda took loans worth $116M from Skype co-founder Jaan Tallinn and philanthropist Luke Ding, both backers of “effective altruism”  —  The big money behind Alameda Research, the sister trading firm of crypto exchange FTX, came from two influential backers …
Catherine Shu / TechCrunch:
Singapore-based UnaBiz, a Massive IoT service provider that owns Sigfox, raised a $25M Series B extension led by SPARX, after a $25M Series B in October 2021  —  UnaBiz, the Massive Internet of Things service provider and owner of Sigfox, announced today it has raised another $25 million in Series B funding.
More: UnaBiz and Tech in Asia
Maria Deutscher / SiliconANGLE:
Google announces a beta release of Simple ML, a no-code ML add-on for Google Sheets, that enables users to apply machine learning to their data  —  Google LLC today launched a new tool that will enable users to develop artificial intelligence models in Google Sheets.  —  The tool, dubbed Simple ML, is available in beta.

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