Techmeme
October 25, 2022, 8:25 AM

Top News

Juli Clover / MacRumors:
Apple's new App Store guidelines say that social networking apps that sell “boosts” for posts must use in-app purchases for the transactions  —  With the release of iOS 16.1 and iPadOS 16.1, Apple is updating the App Store review guidelines that are provided to developers who create apps for iPhones and iPads.
Filipe Espósito / 9to5Mac:
Apple updates App Store guidelines: apps can let users view their NFTs, as long as NFT ownership doesn't unlock in-app features, and browse others' collections  —  Following the release of iOS 16.1 and other software updates on Monday, Apple has updated the App Store guidelines to revise some existing rules and add new ones.
Darrell Etherington / TechCrunch:
Andrew Cunningham / Ars Technica:
macOS Ventura review: Stage Manager has some good ideas and runs much better on the Mac than on the iPad, the new System Settings app is inconsistent, and more  —  A pleasantly surprising new multitasking UI and app redesigns define macOS 13.  —  If you asked me to tell you all the most exciting things …
David Pierce / The Verge:
Tom Warren / The Verge:
WhatsApp says it has fixed an issue that caused a major outage worldwide, lasting from around 3AM to 5AM ET  —  WhatsApp went down in a major outage affecting the communications app for two hours today.  The service started experiencing issues at around 3AM ET, with users greeted with a “connecting” message.
Matt Levine / Bloomberg:
An in-depth look at crypto and blockchains: the underlying tech, its uses and meaning, the crypto financial system, and trust, money, and community  —  - What If You Don't Like It?  — Digital Cash  —  Part II  —  What Does It Mean?  — A Store of Value  — A Distributed Computer
James Vincent / The Verge:
Shutterstock partners with OpenAI to begin selling DALL-E 2-generated stock imagery “in the coming months” and launches a Contributor Fund to reimburse creators  —  Will AI image generators kill the stock image industry?  It's a question asked by many following the rise of text-to-image AI models in recent years.
Cat Zakrzewski / Washington Post:
The FTC sanctions Uber-owned alcohol delivery company Drizly and its CEO for data privacy abuses; Drizly will have to implement new data controls and training  —  The agency's rare decision to single out Drizly CEO Jason Rellas signals a new approach to data security abuses
Josh Ye / Reuters:
Sources: Microsoft stocks up on Chinese games to emulate Sony's success with Genshin Impact; filings show Microsoft paid $4.8M for Snail Games' ARK and ARK 2  —  Microsoft Corp (MSFT.O) is stocking up on Chinese video game content to emulate Sony Group Corp's (6758.T) success with “Genshin Impact” …
Wall Street Journal:
The US DOJ charges two Chinese intelligence officers with trying to obstruct a criminal probe, sources say into Huawei, by offering bribes to a US double agent  —  Failed scheme included an effort by two alleged Chinese intelligence officers to bribe a U.S. law-enforcement official who acted as a double agent, government says
Mat Di Salvo / Decrypt:
NEAR Protocol shuts down USN, its stablecoin launched in April 2022, “to safeguard USN holders” after USN exhibited risky characteristics like those of TerraUSD  —  To avoid another LUNA debacle, the undercollateralized USN will be phased out.  —  NEAR Protocol's stablecoin …
Bloomberg:
A look at delivery startup Gopuff's rise, reaching 165 warehouses covering 600 US cities by 2020 and a $15B valuation by 2021, and fall, as pandemic trends fade  —  Gopuff's 10,000-square-foot warehouse in downtown Philadelphia sits right at the intersection of hedonism and sloth.
Tim Bradshaw / Financial Times:
The UK's FCA plans to investigate Apple, Amazon, Google, and Meta's moves into retail financial services over competition and consumer harm concerns  —  Financial Conduct Authority says Silicon Valley's resources might harm competition and disadvantage others
Kari McMahon / The Block:
BitMEX CEO Alexander Höptner steps down as CEO of the crypto exchange with immediate effect, replaced by CFO Stephan Lutz; Höptner joined BitMEX in 2021  —  - Alexander Höptner is departing from his role as CEO of crypto exchange BitMex with immediate effect.
More: CoinDesk
Brad Gerstner / @altcap:
Open letter: Altimeter Capital founder and CEO Brad Gerstner encourages Meta to cut capex by $5B+, cut headcount by 20%+, and limit metaverse R&D to $5B/year  —  As you know, we are long-term shareholders.  Despite public skepticism — at times warranted — we have been supporters …
Zac Bowden / Windows Central:
Microsoft debuts the ARM mini-PC Windows Dev Kit 2023, formerly Project Volterra, with Snapdragon 8cx Gen 3 and 32GB of RAM for $599, coming to eight countries  —  Available to order now in 8 markets for just $599.  —  What you need to know  — Microsoft's Windows on ARM developer kit launches today for just $599!
Meir Orbach / CTech:
Cybersecurity startup Snyk lays off 198 employees, or 14% of its staff, after laying off 30 people in July 2022; Snyk was valued at $8.5B in September 2021  —  The Israeli-founded company raised $530 million at an $8.5 billion valuation last year  —  Israeli cybersecurity unicorn Snyk …
More: Snyk, SiliconANGLE, and CRN
Financial Times:
A look at TSMC's efforts to build ever-smaller, more powerful, and energy efficient semiconductors, as competitors race to catch up and erode its edge  —  Taiwan chipmaker ‘could stumble’ as industry is forced to develop new transistor technology  —  Smartphone chip design house MediaTek …
Benjamin Mayo / 9to5Mac:
Apple raises its monthly prices for Music by $1 to $10.99 for individuals, TV+ by $2 to $6.99, and Apple One by $2 to $16.95, citing increased licensing costs  —  Apple is today increasing the prices of its Apple Music and Apple TV+ subscription services.  The Apple One bundle price is also rising in unison.

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Kyle Wiggers / TechCrunch:
Emma Roth / The Verge: