Source: Meta is scaling back the mission of its New Product Experimentation division to focus entirely on innovation in short-form video (Casey Newton/Platformer) - TechnW3 Reviewed by TechNW3 on 16:41 Rating: 5

Memo to staff: Adam Mosseri says its surveys of creators show Instagram lags behind TikTok and YouTube on the most important creator satisfaction dimensions (The Information) - TechnW3 Reviewed by TechNW3 on 16:41 Rating: 5

Chainalysis: emerging markets, led by Vietnam and the Philippines, drove global cryptocurrency adoption over the past year; China remained active despite a ban (Sandali Handagama/CoinDesk) - TechnW3 Reviewed by TechNW3 on 15:41 Rating: 5

California Governor Gavin Newsom signs into law an online safety bill that puts limits on the data companies collect on minors; the law goes into effect in 2024 (Natasha Singer/New York Times) - TechnW3 Reviewed by TechNW3 on 14:41 Rating: 5

Adobe's Figma deal raises big questions about its M&A whack-a-mole strategy in response to free alternatives; the deal is 50x Figma's reported 2022 ARR of $400M (Bryce Elder/Financial Times) - TechnW3 Reviewed by TechNW3 on 13:41 Rating: 5

Some YouTube viewers say ads on the platform have been expanding greatly in length and quantity recently, with reports of five to 10 unskippable ads per break (Ben Schoon/9to5Google) - TechnW3 Reviewed by TechNW3 on 12:41 Rating: 5

Amazon will roll out Customers Ask Alexa, which lets brands answer some common customer questions and provide links to their storefronts, starting in late 2022 (Kyle Wiggers/TechCrunch) - TechnW3 Reviewed by TechNW3 on 11:41 Rating: 5

Google cancels Qaya, which offered storefronts for creators, and six other projects out of the 14 housed at its incubator Area 120, as it shifts its focus to AI (Sarah Perez/TechCrunch) - TechnW3 Reviewed by TechNW3 on 18:41 Rating: 5

Users say a demo of ERNIE-ViLG, a text-to-image AI model from Baidu, labels certain political words as "sensitive" and blocks them from generating any result (Zeyi Yang/MIT Technology Review) - TechnW3 Reviewed by TechNW3 on 17:41 Rating: 5

Intel, Arm, and Nvidia propose a new open, license-free specification with 8-bit floating point, or FP8, precision as a common interchange format for AI (Kyle Wiggers/TechCrunch) - TechnW3 Reviewed by TechNW3 on 15:41 Rating: 5