Techmeme
August 16, 2022, 11:40 AM

Top News

Carly Page / TechCrunch:
Signal says attackers accessed the phone numbers and SMS verification codes for around 1,900 users as part of the recent Twilio breach  —  End-to-end encrypted messaging app Signal says attackers accessed the phone numbers and SMS verification codes for almost 2,000 users as part of the breach at communications giant Twilio last week.
Kadhim Shubber / Financial Times:
Sources: ahead of a Fed meeting in January, Celsius CEO Alex Mashinsky personally directed individual trades, overruling executives, leading to large losses  —  In January, Celsius Network boss Alex Mashinsky gathered his investment team to tell them he would be taking control …
Dave Lee / Financial Times:
Filing: Amazon accuses the FTC of harassing its top executives, including Jeff Bezos and Andy Jassy, as part of its investigation into Prime membership  —  Ecommerce group hits out at US regulator's tactics in probe into Prime membership scheme  —  Amazon has accused the US Federal Trade Commission …
Mark Gurman / Bloomberg:
Sources: Apple has laid off about 100 recruiter contractors in a rare move in the past week as part of a push to rein in hiring and spending  —  Apple Inc. laid off many of its contract-based recruiters in the past week, part of a push to rein in the tech giant's hiring and spending, according to people with knowledge of the matter.
Sara Fischer / Axios:
Oracle begins “regular vetting and validation” of TikTok's algorithms and content moderation models to ensure they aren't manipulated by Chinese authorities  —  Oracle has begun vetting TikTok's algorithms and content moderation models to ensure they aren't manipulated by Chinese authorities, Axios has learned.
Mark Gurman / Bloomberg:
Sources: Apple sets a return-to-office deadline for September 5; employees will come in Tuesdays, Thursdays, and a third day determined by individual teams  —  Apple Inc. has set a Sept. 5 deadline for corporate employees to be in the office at least three days a week after delaying …
Ian King / Bloomberg:
Experts say the chip market is facing an “inventory correction”, which could be the worst downturn in a decade, as the global economy weakens and demand fades  —  Even in an industry famous for its roller-coaster cycles, chipmakers are bracing for a particularly severe shift in coming months …
Kathrin Hille / Financial Times:
Jon Porter / The Verge:
Android 13 begins rolling out today to Google's Pixel phones, earlier in the year than the previous two Android annual updates  —  Google's major OS update is a little early this year  —  This year's major Android update, Android 13, is officially releasing today for Google's Pixel phones, the search giant has announced.
Devon Zuegel / Freethink:
Argentines are adopting crypto in black markets for cash to escape government visibility, but are still using centralized intermediaries and apps  —  Argentina's black market for cash is embracing crypto — but it's not what crypto proponents expected.  —  Fields  —  Blockchain  —  Economics
Sarah Krouse / Wall Street Journal:
Antenna: 19% of US streaming users canceled 3+ subscriptions from June 2020-June 2022; average monthly customer defections were 5.46% in July, up from 4.46% YoY  —  Customer loyalty to Netflix, Hulu, HBO Max and other services declines amid stiffer competition  —  Netflix Hit a Subscriber Peak, Here's How It Plans to Keep Growing

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