Techmeme
August 1, 2023, 9:50 AM

Top News

New York Times:
Twitter/X files a lawsuit against Center for Countering Digital Hate, accusing the nonprofit and its backers of “actively working to prevent free expression”  —  The Center for Countering Digital Hate said it had received a letter from X, Twitter's parent company …
Ivan Mehta / TechCrunch:
Sheila Dang / Reuters:
Andy Robinson / Video Games Chronicle:
Sources: Nintendo plans to release a new console in H2 2024, with a portable mode, LCD display, and a cartridge slot; key partners already have development kits  —  Development kits for Nintendo's next console are now with key partner studios, with launch planned for next year, sources have told VGC.
Financial Times:
Sources: Meta plans to launch a range of AI chatbots dubbed “personas” that exhibit personalities as soon as September, to boost engagement on its platforms  —  Facebook owner seeks to seize on hype for AI while challenging rivals such as OpenAI, Snap and TikTok
Ina Fried / Axios:
Internal email: Google is revamping Assistant to focus on using generative AI, starting with the mobile version, and is reorganizing related teams  —  Google plans to overhaul its Assistant to focus on using generative AI technologies similar to those that power ChatGPT and its own Bard chatbot …
Preetika Rana / Wall Street Journal:
Uber reports Q2 revenue up 14% YoY to $9.23B, gross bookings up 16% YoY to $33.6B, and a $394M net income, up from a $2.6B loss in Q2 2022, its first profit  —  Ride-hailing and delivery businesses grew in the second quarter, though freight shrank  —  Uber Technologies posted …
Bloomberg:
Sources: senior EU and US officials are concerned about China's accelerated push into the production of older-generation chips made with 28nm equipment or above  —  - China is building more plants than others despite US sanctions  — Officials are worried about impact on domestic chip plans
Christian Davies / Financial Times:
Bloomberg:
After Curve disclosed a hack, CRV dropped by ~25% in three days, prompting fears of wider market turbulence; DefiLlama: crypto using Curve fell ~50% to $1.9B  —  - Curve's native CRV coin posted three-day, 25% slump after hack  — Drop raised concerns about wider fallout from platform's woes
Emma Roth / The Verge:
The BBC launches social.bbc, an “experimental” Mastodon server with posts from a handful of BBC accounts, and plans to try out the server for six months  —  The BBC has launched its own “experimental” Mastodon server, marking one of the first major news outlets to establish an instance on the Twitter alternative.
Jeremy Hill / Bloomberg:
Court filings: FTX Group details a draft plan to repay creditors, including settling claims in USD and wiping out FTT; seven classes of creditors can now vote  —  - Customer claims to be valued in US dollars as of bankruptcy  — Company hasn't ruled out rebooting offshore exchange
Joe McDonald / Associated Press:
China restricts civilian drone exports, citing Russia's war in Ukraine and concern about military use; DJI pulled out of Russia and Ukraine in April 2022  —  China imposed restrictions Monday on exports of long-range civilian drones, citing Russia's war in Ukraine and concern that drones might be converted to military use.
New York Times:
The FBI says a contractor misled the agency and used NSO's Landmark to track people in Mexico without consent; the FBI terminated the contract in April 2023  —  After a Times report, the bureau canceled its contract with a government contractor that used the tool on its behalf.  But questions remain.
Cristina Criddle / Financial Times:
The UK CMA reopens its consultation on Microsoft's Activision deal, an unusual move that could lead to a reversal of the decision to block the deal  —  CMA invites responses to tech giant's new arguments in rare move that could pave way for $75bn takeover to close
Ingrid Lunden / TechCrunch:
Rapyd, which offers payment APIs, plans to acquire Prosus' payments unit PayU for $610M, excluding its operations in India, Turkey, and Southeast Asia  —  Rapyd, the fintech-as-a-service startup that provides APIs to enable payments, card issuing, digital wallet and other financial services …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs?  —  Welcome to the next and final installment of our CIO series!  After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Thu. 11/21 - What The DOJ Wants Google To Do
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:50 AM ET, August 1, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Nikhilesh De / CoinDesk:
Decrypt:
Yogita Khatri / The Block: