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August 30, 2022, 7:05 PM
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| The Verge: |
Sources: Twitter was working to monetize its adult content with OnlyFans-style subscriptions until a “red team” noted the prevalence of CSAM on the platform — Internal documents and Twitter employees reveal the need for massive investment to remove illegal content — but executives haven't listened
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Insider, Fortune, Platformer, New York Post, and Engadget
Tweets: @caseynewton, @matthew_d_green, @roach, @mmasnick, @morisy, @melissagira, @kurtwagner8, @zoeschiffer, @jjaursch, @ashleylatke, @caseynewton, @kimcrayton1, @amsolidarity, @gabrieldance, @caseynewton, @matthew_d_green, @officialkappy, @caseynewton, @melissagira, @matthew_d_green, @jorgeorchilles, @willoremus, @oliviasolon, @mistresssnowphd, @kimzetter, @isosteph, @carnage4life, @zoeschiffer, @jerrycap, @rachelbovard, @allieawesome415, @benjamingoggin, @dlberes, @gwenadora, @reckless, @maxnordau, @mattnavarra, @hondanhon, and @stevekovach
| Alex Heath / The Verge: |
Sources: Snap is planning to lay off ~20% of its 6,400+ employees; the layoffs are set to begin on Wednesday — Snap's stock price has declined nearly 80 percent this year — Snap is planning to lay off approximately 20 percent of its more than 6,400 employees, according to people familiar with the matter.
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9to5Mac, Financial Times, Engadget, Barron's Online, Reuters, Axios, Variety, dot.LA, Ad Age, New York Post, Android Headlines, and CNBC
Tweets: @akruglov, @editorialiste, @themediaisdying, @pierce, and @hedgeyecomm
| Sara Fischer / Axios: |
Google says it has not yet approved Truth Social's Play Store app due to insufficient content moderation; CEO Devin Nunes said the decision “is up to Google” — Google hasn't yet approved Truth Social's Android app for distribution via its Play Store because of insufficient content moderation …
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PCMag, The Verge, USA Today, New York Times, CNN, Android Police, Reuters, CNBC, Android Central, Mashable, Engadget, Neowin, Gizmodo, Reclaim The Net, Insider, and The Hill
| Ivan Mehta / TechCrunch: |
Twitter releases its Circle feature out of beta on iOS, Android, and the web, letting users tweet to smaller, selected groups of up to 150 people — Twitter is launching its Circle feature — which lets you post a tweet to a select set of people — globally.
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Twitter, The Verge, Insider, XDA Developers, Engadget, TODAY.com, Neowin, SlashGear, Android Headlines, 9to5Google, PhoneArena, BuzzFeed News, Android Central, Fortune, iPhone in Canada Blog, Fast Company, Gizmodo, Digit, BGR India, Droid Life, MobileSyrup, MacRumors, The Economic Times, Mashable, Digital Trends, 9to5Mac, TechRadar, and RTÉ
Tweets: @twittersupport, @jaysullivan, @yoyoel, @monzo, @twittersafety, @si_hart, @lamarrwilson, @stevesi, @johnnyakzam, @twittersafety, and @edbott
| Wall Street Journal: |
Sources: Philadelphia-based delivery startup Gopuff seeks to borrow up to $300M after burning ~$400M in Q1 2022; Gopuff raised $2B+ at a $15B valuation in 2021 — Instant-delivery startup is negotiating a credit line of up to $300 million after delayed IPO
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Bloomberg, SiliconANGLE, PYMNTS.com, Crunchbase News, and TechCrunch
Tweets: @karenkkwok and @beveragepodcast
| Aisha Malik / TechCrunch: |
Sony plans to acquire Savage Game Studios and creates a new PlayStation Studios Mobile Division, operating independently from console game development — Sony is acquiring mobile game developer Savage Game Studios, the company announced on Monday. The financial terms of the deal were not disclosed.
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PlayStation.Blog, CNBC, The Mac Observer, BGR India, Digit, Silicon Republic, Protocol, Telecoms.com, and Android Authority
Tweets: @hermenhulst, @tomwarren, @insomniacgames, and @mysticryan
| Shannon Grixti / Press Start: |
Sony updates the PS5 in Australia ahead of a broader rollout, reducing the disc model's weight by 300g and digital model's by 200g compared to the 2021 versions — Earlier today it was revealed by Japanese retailers that a brand new PS5 model dubbed the CFI-1200 model was releasing on September 15th …
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GSMArena.com, 9to5Toys, MobileSyrup, Laptop Mag, Gizchina, Forbes, HotHardware, Fossbytes, Redmond Pie, Android Headlines, PCMag, Eurogamer.net, and Engadget
| Jack Stebbins / CNBC: |
Royal Caribbean Cruises partners with SpaceX's Starlink to offer onboard internet across all its ships, with installation scheduled to be completed early 2023 — - Royal Caribbean Cruises will begin offering onboard internet via SpaceX's Starlink satellite network.| Alex Heath / The Verge: |
Netflix hires two Snap executives to lead its ad-supported tier plan: Snap's Chief Business Officer Jeremi Gorman and VP of Sales for the Americas Peter Naylor — Snap's VP of ad sales is also leaving for Netflix — Netflix has found an executive to lead its plan for an ad-supported tier … | MK Manoylov / The Block: |
Kevin Rose's NFT startup Proof announces a $50M Series A led by a16z, upcoming NFT project Moonbirds Mythics, and a DAO to handle licensing of Moonbirds' name — - Additional participants in the round include Collab+Currency, Flamingo DAO, SV Angel, VaynerFund and Seven Seven Six.
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Future PROOF, Decrypt, and CoinDesk
Tweets: @proof_xyz, @alexisohanian, @sriramk, @collab_currency, and @alexisohanian
| Ron Amadeo / Ars Technica: |
Android 13 review: a small update, but 2022's second after March's tablet-focused 12L update, finally brings a task manager, notification permissions, and more — Android 13 is a very small update, but it's also the second one this year. — The Android update treadmill continues with the release of Android 13.| Jared Newman / Fast Company: |
In a first, both Comcast and Charter failed to grow internet subscribers last quarter, as T-Mobile and Verizon roll out cheaper 5G wireless home internet — For years, Comcast and other cable companies have leaned on a simple strategy to offset the effects of cord-cutting …
Tweets: @dsilverman
| Jordan Middler / Video Games Chronicle: |
Meta plans to shutter the Facebook Gaming app on iOS and Android on October 28, 2022, transferring games, content, and groups to the main Facebook app — MUCH OF THE FUNCTIONALITY WILL BE MIGRATED TO THE MAIN FACEBOOK APP — Facebook will end support for its Facebook Gaming app in October, it's announced.
More:
The Verge, CNBC, Eurogamer.net, PhoneArena, Game Developer, TechRadar, Wccftech, TechCrunch, Thurrott, Appuals.com, IGN, GameSpot, Game Rant, and Digital Trends
| Debby Wu / Bloomberg: |
TSMC CEO C. C. Wei says an endemic shortage of low-end chips costing $0.50 to $10 is holding up production in key segments of the global supply chain — An endemic shortage of chips costing anywhere from 50 cents to $10 is slowing down swathes of the $600 billion semiconductor industry …
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9to5Mac, AppleInsider, Digit, Tom's Hardware, MacDailyNews, TechSpot, and MobileSyrup
Tweets: @trengriffin, @johnkoetsier, and @trengriffin
| Giles Turner / Bloomberg: |
In an SEC filing, Elon Musk adds Peiter Zatko's allegations as a reason to terminate the $44B takeover bid, saying Twitter is in “material noncompliance” — Elon Musk has cited the recent accusations from a Twitter Inc. whistle-blower as a new reason to terminate the $44 billion takeover of the social media platform.
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CNBC, CNN, Wall Street Journal, Bloomberg, Deadline, Axios, Insider, The Verge, iPhone in Canada Blog, Fortune, CNN, CoinGape, The Wrap, Engadget, TechCrunch, Reuters, The Guardian, Livemint, New York Post, The Hollywood Reporter, Washington Post, MobileSyrup, Associated Press, Financial Times, The Daily Beast, and Insider
Tweets: @danprimack, @annmlipton, @annmlipton, and @b_fung
| Cat Zakrzewski / Washington Post: |
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New York Times, Channel News, Forbes, Gizmodo, Variety, The Hill, Protocol, Insider, and Neowin
Tweets: @donie, @donie, and @lizzadwoskin
| Jeffrey T. Lewis / MarketWatch: |
CrowdStrike reports Q2 revenue up 58% YoY to $535.2M, subscription revenue up 60% YoY to $506.2M, and subscription customers up 51% YoY to 19,686 — CrowdStrike Holdings Inc.'s loss narrowed in its second quarter from a year earlier after subscription revenue jumped higher.
More:
Barron's Online, CrowdStrike, CNBC, and SiliconANGLE
| Zack Whittaker / TechCrunch: |
A researcher says a Chinese database of up to 800M records was exposed for months, storing names, resident ID numbers, images of faces, license plates, and more — Another mass data lapse exposes new weaknesses in China's sprawling surveillance state — A massive Chinese database storing millions … | Tatum Hunter / Washington Post: |
Mental health content creators on TikTok and Instagram are increasingly filling a health care gap, which critics fear could lead to harmful self-diagnoses — Issey Moloney signed up for therapy through Britain's National Health Service when she was just 12 years old. She was on a waiting list for four years.
More:
9to5Mac. Tweets: @trengriffin, @tatum_hunter_, @juliachanb, @nitashatiku, @davisantigone, and @miller7
| Natasha Singer / New York Times: |
California's State Senate passes an online safety bill requiring services to increase protections for users under 18; Governor Newsom must approve the bill — The new rules, which would require many online services to increase protections for children, could change how popular social media and game platforms treat minors.
More:
The Guardian, Washington Post, Gizmodo, Axios, NetChoice, Los Angeles Times, CNBC, The Verge, and 9to5Mac
| Jonathan Greig / The Record: |
Google launches a bug bounty program for its open-source projects, offering payouts up to $31,337, one of the first open source-specific vulnerability programs — Google announced on Tuesday that it is launching an open source software vulnerability bug bounty program …
More:
Google Online Security Blog, VentureBeat, The Register, BleepingComputer, SC Media, ZDNet, The Verge, SiliconANGLE, HackRead, Security Affairs, and SecurityWeek
Tweets: @rseroter, @argvee, @mikeolson, @weldpond, @googlevrp, @kkotowicz, @whyhiannabelle, and @lkarlslund
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