Techmeme
July 3, 2023, 12:40 PM

Top News

Financial Times:
Sources: Apple and Luxshare cut Vision Pro production plans from 1M to less than 400K units in 2024 due to manufacturing problems for the $3,500 headset  —  Initial hopes of 1mn shipments in 2024 launch year dashed by manufacturing problems  —  Apple has been forced to make drastic cuts …
New York Times:
A look at the cottage industry of Russian tech contractors, many owned by oligarch-linked Citadel Group, building digital surveillance tools for use by the FSB  —  Russia is incubating a cottage industry of new digital surveillance tools to suppress domestic opposition to the war in Ukraine.
Ivan Mehta / TechCrunch:
TweetDeck users report major problems, including notifications and entire columns failing to load, after Elon Musk's new read-limits; home timelines still load  —  Over the weekend, Elon Musk limited the number of tweets users can read in a day, which he said was to prevent data scraping.
Manish Singh / TechCrunch:
More: The Guardian, Reuters, The Economic Times, The Independent, Fast Company, Tech Startups, Wccftech, CNBC, Engadget, TechRadar, Silicon Republic, New York Post, Gamereactor UK, Music Ally, Coinmonks, Phandroid, Insider, Bitcoin News, Cointelegraph, The Verge, SiliconANGLE, iMore, Deadline, Associated Press, Metro.co.uk, Forbes, UPROXX, Android Authority, Bitcoinist.com, Newser, Trak.in, Techlusive, gHacks Technology News, DL News, Cryptopolitan, Deadline, and New York Times
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Andy Baio / Waxy.org:
Bloomberg:
China imposes restrictions on exporting two metals used to make chips and other electronics, starting August 1, which will likely raise costs for manufacturers  —  China imposed restrictions on exporting two metals that are crucial to parts of the semiconductor, telecommunications …
Wall Street Journal:
How some crypto miners want to repurpose their rigs to train AI models, which isn't easy or cheap but may be more affordable than AWS and cloud alternatives  —  Demand for high-end chips allows cryptocurrency companies to repurpose idle equipment  —  The boom in demand for high-end chips powering …
Daniel Thomas / Financial Times:
Sources: Netflix plans to develop targeted and tailor-made ad formats, including “episodic” campaigns, and discussed the plans with ad executives at Cannes  —  US streaming service introduced ad-supported subscriptions last year  —  Netflix will develop increasingly targeted …
More: ChannelX and MakeUseOf
Benedict Evans:
An analysis of whether AI will destroy, displace, create, and accelerate jobs in the coming years like other waves of automation, or if this time is different  —  Pretty much everyone in tech agrees that generative AI, Large Language Models and ChatGPT are a generational change …
McKenna Oxenden / New York Times:
A profile of Rachel Griffin Accurso, known as Ms. Rachel on social media, whose YouTube channel for educational children's videos has over 4.8M subscribers  —  The YouTube star of “Songs for Littles,” an online video series that pulls millions of views, says she's found her calling in encouraging children to speak.
New York Times:
Sources detail ByteDance's book publishing expansion and concerns over an uneven playing field; BookScan says 100+ large BookTok authors had $760M in 2022 sales  —  As ByteDance launches a publishing company, many in the book world wonder if it will create an uneven playing field by boosting its own authors at the expense of others.
Yoko Kubota / Wall Street Journal:
At a Shanghai event, Chinese chipmakers and suppliers were grim but defiant about US plans to widen export controls; YMTC urged suppliers to show “integrity”  —  Chairman of memory-chip maker YMTC calls on tool makers to ship parts the company ordered before it was blacklisted

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