Techmeme
October 4, 2022, 8:20 AM

Top News

Hartley Charlton / MacRumors:
The European Parliament votes 602 to 13 to enforce USB-C as the common charging port for devices by the end of 2024; some small devices are exempt  —  The European Parliament today voted overwhelmingly in favor of enforcing USB-C as a common charging port across a wide range of consumer electronic devices …
Ephrat Livni / New York Times:
The US Treasury releases a digital assets report asking Congress for more resources to police crypto, regulate stablecoins, legislate crypto tokens, and more  —  The Financial Stability Oversight Council said that the growing crypto market could pose risks to the broader financial system.
Ivan Mehta / TechCrunch:
Some YouTube users say the service is asking them to purchase a Premium subscription to watch videos in 4K, a feature that is currently free for all users  —  YouTube's Premium paid subscription includes benefits like ad-free viewing, video and song downloads for offline consumption, and background plays.
Reuters:
Meta announces AITemplate, an open-source, PyTorch-based unified “inference” system for both AMD and Nvidia GPU hardware, helping code run 4x-12x faster  —  Facebook parent Meta Platforms Inc (META.O)said on Monday it has launched a new set of free software tools …
Ryan Browne / CNBC:
Mastercard announces Crypto Secure, which uses AI to help banks identify and stop transactions from fraud-prone crypto exchanges, powered by CipherTrace's tech  —  - Mastercard will on Tuesday launch a new product called Crypto Secure that helps banks assess the risk of crime associated with crypto merchants on its network.
Steven Musil / CNET:
Google discontinues Google Translate in mainland China, one of the last remaining services the company provides in the country, citing “low usage”  —  The service was one of Google's last remaining offerings in the country.  —  Steven Musil  —  Steven Musil is the night news editor at CNET News.
Sankalp Phartiyal / Bloomberg:
Sources: Apple's iPhone exports from India crossed $1B since April 2022 and could reach $2.5B by March 2023, up from $1.3B in the year ending March 2022  —  Apple Inc.'s iPhone exports from India crossed $1 billion in the five months since April, according to people familiar with the matter …
Kathryn Hardison / Wall Street Journal:
South Korean internet giant Naver plans to acquire Poshmark for $17.90/share, representing an enterprise value of ~$1.2B; Poshmark's stock jumps 10%+  —  The boards of both companies approved the transaction  —  Naver Corp. 035420 -1.53%▼ plans to acquire Poshmark Inc., POSH -0.64%▼ …
Khari Johnson / Wired:
The White House's new AI Bill of Rights, including helping opt out of algorithmic decision-making, is nonbinding and so will have little impact on companies  —  The draft's tenets include allowing citizens to opt out of algorithmic decision-making, which could reshape federal government—but not the private sector.
Aisha Malik / TechCrunch:
Twitter rolls out its edit button, letting users edit five times in 30 minutes, to Blue subscribers in Canada, Australia, and New Zealand, coming soon to the US  —  Twitter is rolling out the ability to edit tweets to Blue subscribers in Canada, Australia and New Zealand, the social network announced on Monday.
Wall Street Journal:
Despite Elon Musk offering Iranians access to Starlink, experts say quickly building the infrastructure and evading government censorship will prove difficult  —  Elon Musk said the satellite-internet system was activated in the country last month  —  Watch: Iranians Clash With Police During Violent Wave of Protests

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