Techmeme
July 20, 2023, 11:40 AM

Top News

Zoe Kleinman / BBC:
Apple threatens to remove FaceTime and iMessage from the UK rather than weaken security under a proposed security bill amendment, dubbed a “snooper's charter”  —  Apple says it will remove services such as FaceTime and iMessage from the UK rather than weaken security if new proposals are made law and acted upon.
New York Times:
Sources: Google tests an AI tool to produce news stories, pitching the service to the NYT, WaPo, News Corp, and other outlets as a helpmate for journalists  —  The product, pitched as a helpmate for journalists, has been demonstrated for executives at The New York Times, The Washington Post and News Corp …
Benj Edwards / Ars Technica:
A study claims GPT-4's outputs became worse between March and June 2023, but some experts are not convinced and urge OpenAI to be less opaque with its AI models  —  Either way, experts think OpenAI should be less opaque about its AI model architecture.  —  On Tuesday, researchers …
New York Times:
Kevin Mitnick, a hacker best known for his crime spree in the 1990s, who later became a consultant, writer, and public speaker after leaving prison, dies at 59  —  Mr. Mitnick, best known for a crime spree during the 1990s that involved the theft of thousands of data files and credit card numbers, died from pancreatic cancer.
Nikkei Asia:
TSMC reports Q2 revenue down 10% YoY to ~$15.68B and net profit down 23.3% YoY to ~$5.9B, the first quarterly decline since 2019, as all non-AI chip sales lag  —  Taiwan chipmaker logs quarterly net profit drop on consumer electronics slump  —  Sluggish demand for smartphones …
Arun Padmanabhan / Moneycontrol:
In Llama 2's commercial terms, Meta says companies with 700M+ MAUs must request a license, and users are prohibited from utilizing Llama 2 to improve other LLMs  —  Although Meta has announced that it will open-source its LLM and allow free usage for commercial and research purposes …
Lisa Richwine / Reuters:
Netflix reports Q2 revenue up 2.7% YoY to $8.2B, vs. $8.3B est., net income up 3.3% YoY to $1.5B, 5.9M net new subs, and a Q3 forecast below est.; NFLX down 8%+  —  Netflix Inc (NFLX.O) handily beat Wall Street earnings forecasts on Wednesday as a password-sharing crackdown …
Manish Singh / TechCrunch:
Hannah Lang / Reuters:
The US Federal Reserve launches FedNow Service, its long-awaited real-time payments system, enabling individuals and businesses to instantly transfer money  —  The U.S. Federal Reserve has launched a long-awaited service which will aim to modernize the country's payment system …
C. Scott Brown / Android Authority:
Google launches Nearby Share for Windows, letting users transfer files between PCs and Android devices close to each other, after debuting a beta in March 2023  —  Anyone can download Nearby Share for Windows now, but your future laptop might come with it pre-installed.  —  •  —  TL;DR
Abner Li / 9to5Google:
YouTube increases the US price for YouTube Premium from $11.99 to $13.99 per month and for YouTube Music from $9.99 to $10.99 per month  —  The price of an individual YouTube Premium subscription is increasing by $2 to $13.99 per month in the US.  —  YouTube has yet to announce this price increase …
Gijong Lee / The Elec:
Sources: Samsung begins developing a smart ring, the so-called Galaxy Ring, using circuit boards made by Japan's Meiko; the launch date remains uncertain  —  Device to offer health information to wearers Samsung has started the development of a new smart device that will come in the form of a ring, TheElec has learned.
Fanny Potkin / Reuters:
Silicon Box, created by Marvell's co-founders and CEO BJ Han, plans to spend $2B to build a Singapore-based chip foundry for chiplets, creating 1,000+ jobs  —  Singapore-based Silicon Box opened a $2 billion advanced semiconductor manufacturing foundry in the city-state on Thursday …

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