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July 20, 2023, 3:00 PM
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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 …
Wayne Ma / The Information:
Sources: Apple is struggling to assemble iPhone 15 Pro and Pro Max models due to larger screens and narrower bezels, possibly causing September launch shortages  —  Apple is facing challenges assembling its two upcoming new iPhone models, the iPhone 15 Pro and Pro Max, which could lead …
Nikkei Asia:
TSMC reports Q2 revenue down 10% YoY to ~$15.68B and net income down 23.3% YoY to ~$5.9B, the first quarterly decline since 2019, as all non-AI chip sales slump  —  Taiwan chipmaker logs quarterly net profit drop on consumer electronics slump  —  Sluggish demand for smartphones …
Yang Jie / Wall Street Journal:
TSMC says its Arizona factory will miss its target of mass production of 4nm chips by 2024 due to US skilled worker shortages, aiming instead for 2025
Hannah Lang / Reuters:
The US Federal Reserve launches FedNow, its long-awaited real-time payments system that will eventually let individuals and businesses transfer money in seconds  —  The U.S. Federal Reserve has launched a long-awaited service which will aim to modernize the country's payment system …
New York Times:
Kevin Mitnick, a hacker best known for his crime spree in the 1990s, who became a security consultant, writer, and public speaker after serving time, 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.
Annie Palmer / CNBC:
Amazon plans to roll out its Amazon One palm scanning payment tech to all 500+ US Whole Foods stores by the end of 2023; 200+ locations already have Amazon One  —  - Amazon is bringing its pay-by-palm system to all of its Whole Foods stores by the end of the year.
Abner Li / 9to5Google:
YouTube increases YouTube Premium's price in the US from $11.99 per month to $13.99 per month and YouTube Music from $9.99 per month 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.
New York Times:
Caroline Ellison's private Google docs detail her thoughts before FTX's collapse, including doubts over running Alameda and her breakup with Sam Bankman-Fried  —  Ms. Ellison, a top executive in Sam Bankman-Fried's business empire, recorded her thoughts on private Google documents that offer …
Reuters:
Sources: North Korea-linked hackers breached JumpCloud in late June 2023 and used the access to target crypto clients; JumpCloud says <5 customers were impacted  —  A North Korean government-backed hacking group penetrated an American IT management company and used it as a springboard …
Bloomberg:
Analysis: Microsoft's 1,000%+ stock rally under Satya Nadella, most recently driven by AI, takes his total windfall to above $1B, following Apple's Tim Cook arc  —  - Figure includes equity grants, salary, bonuses and dividends  — Haul puts executive in exclusive club of corporate titans
Benj Edwards / Ars Technica:
A study claims GPT-4's outputs got worse between March and June 2023, but some experts aren't convinced and say OpenAI should be less opaque about its AI models  —  Either way, experts think OpenAI should be less opaque about its AI model architecture.  —  On Tuesday, researchers …
Manish Singh / TechCrunch:
Netflix expands its password-sharing crackdown to its remaining markets and doesn't plan to offer an “extra member” option due to low pricing and penetration  —  Netflix is bringing password-sharing crackdown to consumers in India and every other market starting today …
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%+
Dolphin Emulator:
The developers behind open-source GameCube and Wii emulator Dolphin drop plans to release it on Steam citing “Nintendo's long-held stance on emulation”  —  Written on 2023-07-20T10:11:32+02:00 / Last update on 2023-07-20T10:18:11.976637+02:00 / Short link / Forum thread  —  Well that blew up, huh?
Arun Padmanabhan / Moneycontrol:
Llama 2's commercial terms say companies with 700M+ MAUs must obtain a license from Meta, and that users are prohibited from using 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 …

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This is a Techmeme archive page. It shows how the site appeared at 3:00 PM ET, July 20, 2023.

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From Mediagazer

Caitlin Huston / The Hollywood Reporter:
Ted Sarandos calls on streaming rivals to release their viewership numbers, says Netflix can double its viewership with live events and Christmas Day NFL games

Foo Yun Chee / Reuters:
The EU's General Court annuls a €1.49B antitrust fine imposed on Google in 2019 for abusing its dominance to prevent websites from using non-AdSense ad brokers

Reshmi Basu / Bloomberg:
Sources: Byron Allen's media group is planning deeper cost cuts as it faces debt repayment deadlines, including one in February 2025

More News

Yiwen Lu / New York Times:
Cerebras unveils the first of three supercomputers for Abu Dhabi-based G42 as part of its Condor Galaxy network; G42 trained an Arabic GPT model in April 2023

Earlier Picks

Jay Jacobs / Cyentia Institute:
Analysis: tweets about CVEs, which peaked before Elon Musk took over, show a steep decline in recent months, suggesting the infosec Twitter community has shrunk
Gijong Lee / The Elec:
Sources: Samsung begins developing a smart ring, the so-called Galaxy Ring, using circuit boards made by Japan-based Meiko; the launch date remains uncertain
Andrew Tarantola / Engadget:
On Tesla's Q2 earnings call, Elon Musk says the company may license its FSD software and hardware to carmakers and is “already in discussions with a major OEM”
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
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