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October 7, 2022, 3:45 PM
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Elizabeth Howcroft / Reuters:
Binance says 2M BNB, worth ~$570M, were stolen from its BNB Chain in an exploit; “majority” of BNB are in the hacker's wallet, ~$100M worth were “unrecovered”  —  Hackers have stolen around $100 million worth of cryptocurrency from a Binance-linked blockchain …
Alex Heath / The Verge:
Memo: Meta VP of Metaverse Vishal Shah says Horizon Worlds is suffering from too many quality issues and even the team building the app isn't using it very much  —  Meta's VR social network Horizon Worlds — the company's flagship “metaverse” app — is suffering from too many quality issues …
Kashmir Hill / New York Times:
A look at life in Meta's VR social network Horizon Worlds, engaging with early adopters including gamers, preteens, parents, insomniacs, and aspiring comedians  —  Every hour of the day and night with the gamers, parents, insomniacs, preteens and aspiring comedians who are the earliest adopters …
Lauren Feiner / CNBC:
Biden signs an EO to implement Privacy Shield 2.0, the EU-US data transfer framework seeking to address EU concerns of surveillance by US intelligence agencies  —  - President Joe Biden signed an executive order to implement a new framework to protect the privacy of personal data shared between the U.S. and Europe.
Roula Khalaf / Financial Times:
An interview with Elon Musk about his Twitter obsession and more: it is “vaguely therapeutic” to “play the fool on Twitter” and asks “aren't you entertained?”  —  Dinner with Elon Musk begins with a drive in a Tesla.  I am seated in the back, next to X, the billionaire's two-and-a-half-year-old son.
Richard Lawler / The Verge:
Filing: a judge grants Elon Musk's request to halt the Twitter trial and says that if the deal doesn't close by 5pm on October 28, the trial begins in November  —  The pending trial between Elon Musk and Twitter is suddenly on hold, as Judge Kathaleen McCormick granted the Musk side's request for a stay …
Karissa Bell / Engadget:
Meta warns 1M Facebook users that their account info may have been stolen by 400+ apps on the App Store and Google Play that have a “Login with Facebook” button  —  Meta is warning 1 million Facebook users that their account information may have been compromised by third-party apps from Apple or Google's stores.
Max A. Cherney / Protocol:
The Biden administration issues sweeping rules that significantly expand the limits on exports to China of chips and tools to make advanced chips and other tech  —  The U.S. unveiled a set of new regulations Friday that aim to choke off China's access to advanced chips …
Ana Swanson / New York Times:
The Biden administration adds 31 Chinese companies and institutions including YMTC to an “unverified list”, limiting their ability to get some regulated US tech  —  The White House issued sweeping restrictions on selling semiconductors and chip-making equipment to China …
Financial Times:
Sources: Ukrainian troops report widespread outages of Starlink devices, often in areas on the front line where their advances have not been made public yet  —  Some of Elon Musk's SpaceX devices stopped working when Ukrainian soldiers liberated territory, Kyiv officials say

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This is a Techmeme archive page. It shows how the site appeared at 3:45 PM ET, October 7, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Daniel Thomas / Financial Times:
Trade body data: copyrighted music revenue was $45.5B in 2023, above cinema box office spending of $33.2B in 2023 and $41.9B in 2019; record labels made $28.5B

Mark Kleinman / Sky News:
Sources: CVC Capital Partners and a major European broadcaster, thought to be France's Groupe TF1, are among those considering a takeover of the UK's ITV

Brian Stelter / CNN:
As Elon Musk posts memes about buying MSNBC, sources say one liberal billionaire expressed interest in buying the channel; Comcast is not looking to sell MSNBC

More News

Earlier Picks

Bloomberg:
Amazon stops working on Scout, its autonomous, cooler-sized home delivery robot in testing since 2019; source: ~400 people were working on the project globally
Todd Haselton / CNBC:
AMD announces ~$5.6B in preliminary Q3 revenue, below its outlook of $6.7B plus or minus $200M, driven by weaker Client segment revenue and supply chain issues
Damien Wilde / 9to5Google:
Google announces the Pixel 7 Pro with a 6.7-inch 120Hz LTPO display, updated “camera bar”, Tensor G2, Android 13, and software face unlock, starting at $899
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