Tech News and Analysis from around the web
Mike Masnick / Techdirt:
A subreddit with 1.5M members, r/PoliticalHumor, challenges Texas' content moderation law by mandating that comments include “Greg Abbott is a little piss baby” — Last year, I tried to create a “test suite” of websites that any new internet regulation ought to be “tested” against.
Melissa Repko / CNBC:
Walmart debuts metaverse experiences Walmart Land and Walmart's Universe of Play in Roblox, which it calls a testing ground, to try to reach younger shoppers — - Walmart is entering the metaverse with two experiences, Walmart Land and Walmart's Universe of Play, in gaming platform Roblox.
Michael McSweeney / The Block:
California, New York, and other states take action against crypto lender Nexo, from sending cease and desists to suing, focusing on interest-bearing accounts — A group of U.S. state regulators announced an array of legal actions against crypto lender Nexo on Monday.
Yogita Khatri / The Block:
Sources: crypto derivatives exchange Deribit raised ~$40M from existing investors at a $400M valuation; source: it raised $100M in 2021 at a $2.1B valuation — - Crypto derivatives exchange Deribit has raised funds from existing shareholders at a $400 million valuation, sources tell The Block.
Bill Toulas / BleepingComputer:
Researchers found 75 apps on Google Play and 10 on Apple's App Store that engaged in ad fraud and collectively had 13M installs; Apple and Google removed them — Security researchers have discovered 75 applications on Google Play and another ten on Apple's App Store engaged in ad fraud.
Ben Thompson / Stratechery:
A look at Nvidia's issues, including crypto mining demand collapsing and GPUs flooding second-hand markets, and opportunities, including gaming and data centers — Nvidia investors have been in the valley before: — This chart, though, is not from the last two years …
Romain Dillet / TechCrunch:
Paris-based Not So Dark, which offers tools for restaurants to run a delivery-only business alongside their usual operations, raised an $80M Series B — French startup Not So Dark has raised an $80 million Series B funding round led by Kharis Capital and Verlinvest, with Convivialité Ventures also participating.
Review of the $699 AMD Ryzen 9 7950X, built on Zen 4 with 16 cores: higher single- and multi-threaded performance and superb efficiency helps beat Intel's chips — Back at CES 2022, which was held in Las Vegas earlier at the beginning of the year, AMD announced that its new Zen 4 core would be coming sometime in the second half of 22.
Wall Street Journal:
An overview of Twitter and Elon Musk's legal battle so far: the judge wants to focus the case on the contractual agreement, sparring over discovery, and more — The Delaware judge presiding over the takeover dispute has begun to set the contours of the October trial
Kyle Wiggers / TechCrunch:
Cloudflare announces Zero Trust SIM, a US-only, device-specific eSIM for iOS and Android, and carrier partner program Zero Trust for Mobile Operators — Are smartphones ever entirely secure? It depends on one's definition of “secure,” particularly when dealing with corporate environments.
Benj Edwards / Ars Technica:
A New York-based artist received copyright registration on their comic featuring artwork by Midjourney, the first known US copyright for latent diffusion AI art — Registration of AI-assisted comic comes amid fierce online debate about AI art ethics. — In what might be a first …
Stephanie Bodoni / Bloomberg:
The UK's ICO could fine TikTok £27M after provisionally finding that the company may have breached data protection rules by failing to protect children's data — ByteDance Ltd.'s TikTok faces a possible fine of 27 million pounds ($28.9 million) after the UK's privacy watchdog provisionally found …
Christopher Weaver / Wall Street Journal:
Analysis: Amazon's regular trucking contractors were more than twice as likely as other companies to get unsafe driving scores from February 2020 to August 2022 — Its regular contractors were more than twice as likely to receive unsafe driving scores compared with similar outfits; Amazon says its network is safe
Sources: Apple, Samsung, and Xiaomi fear disruptions and higher costs from supporting India's GPS alternative, NavIC, as the system would require new hardware — India is pushing tech giants to make smartphones compatible with its home-grown navigation system within months …
New York Times:
Sources: the US government and TikTok reached a preliminary agreement to resolve national security concerns without requiring China's ByteDance to sell the app — A draft agreement with the Biden administration to keep the Chinese-owned video app operating in the United States is under review.