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Techmeme
August 2, 2023, 11:35 AM
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Top News

Ivan Mehta / TechCrunch:
X now lets X Blue subscribers hide their verified checkmarks, although “the checkmark may still appear in some places” and some features “may not be available”  —  Social media company X, formerly Twitter, now lets paid users hide their verification checkmarks.
Abner Li / 9to5Google:
X renames TweetDeck to XPro; the URL remains tweetdeck.twitter.com and much of the copy is unchanged, including the “Tweet like a pro” tagline
Matt Day / Bloomberg:
Amazon plans to roll out the biggest overhaul to its grocery business since buying Whole Foods in the coming weeks, including one cart for supermarket offerings  —  It's revamping stores, unifying online shopping carts and offering fresh-food delivery to customers who aren't Prime subscribers.
Wall Street Journal:
Internal Binance data and current and former employees say Chinese users traded ~$90B in crypto assets on the exchange in May 2023, despite China's crypto ban  —  Retaining its Chinese footprint will be crucial for Binance as it faces a global regulatory crackdown
Rest of World:
Interviews with people at Worldcoin booths in Nairobi, Bengaluru, and Hong Kong find many scanned their eyes to receive the sign-up bonuses, an “easy $50”  —  In Nairobi, Bengaluru, and Hong Kong, our reporters found lots of people were eager to take the deal.
Bloomberg:
Sources: SoftBank's Arm is targeting an IPO at a valuation of between $60B and $70B as soon as September 2023, a sign of bullish interest in AI chips  —  - Chip design firm may raise as much as $10 billion in debut  — Nvidia, Intel are in discussions to be anchor investors
Bloomberg:
China releases draft rules to limit smartphone use by minors, including two hour limits for those age 16 to 18, although enforcement remains unclear  —  - Aims to prevent kids from spending too much time on phones  — Beijing has pursued campaigns to alleviate burden on minors
Jen Christensen / CNN:
An early-stage study of 80,000 women in Sweden who underwent a mammogram in 2021 and 2022 finds AI-supported screening increased breast cancer detection by 20%  —  Artificial intelligence found more breast cancers than doctors with years of training and experience and cut doctors' mammogram …
Aidan Ryan / The Information:
Sources: Changpeng Zhao tried to liquidate Binance.US earlier this year, before pivoting to attempting to sell the company, holding talks with Gemini and others  —  Binance founder and CEO Changpeng Zhao attempted to shut down the crypto exchange's U.S. offshoot earlier this year …
Charlie Fink / Forbes:
Inworld, which uses AI to help developers create game characters, raised $30M led by Lightspeed at a $500M+ valuation, following a $50M Series A in August 2022  —  Inworld, which makes AI-driven non-player characters (NPCs) for games and other applications has raised approximately $30 in new funding from Lightspeed Venture Partners.
Brody Ford / Bloomberg:
Slack launches Slack Sales Elevate, offering deeper integration with Salesforce's Sales Cloud for $60 per month on top of existing Slack and Salesforce fees  —  - More Slack editions coming for customer service, marketing  — New Slack CEO Lidiane Jones focuses on product updates

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This is a Techmeme archive page. It shows how the site appeared at 11:35 AM ET, August 2, 2023.

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From Mediagazer

Benjamin Mullin / New York Times:
Sources: WaPo is working on an initiative to publish opinion articles from other US papers, writers on Substack, and eventually nonprofessional writers

Joe Flint / Wall Street Journal:
Over 59% of WBD shareholders reject David Zaslav's pay package in a symbolic vote; Netflix and Disney shareholders did the same in 2023 and 2018, respectively

NPR:
Trump formally asks Congress to take back the $1.1B set aside for public broadcasters for the next two years; Congress has 45 days to approve the request

More News

Ingrid Lunden / TechCrunch:
Hopin, the struggling virtual events startup valued at nearly $7.7B in June 2021, sells its Events and Session units to RingCentral for an undisclosed sum
Alex Pasternack / Fast Company:
An interview with Google Jigsaw engineer Lucy Vasserman on how OpenAI and others use Jigsaw's AI tool Perspective for flagging toxic speech to evaluate LLMs
More: Platformer.  Twitter: @pasternack, @dburghart, @max_uf, @pasternack, and @fastcompany.  Forums: Slashdot
Helene Braun / CoinDesk:
GameStop plans to remove its iOS and Chrome crypto wallet extensions on November 1 due to “regulatory uncertainty”, about one year after rolling out the service
Chethan Rao / Android Police:
YouTube asks a small number of viewers to share their feedback on a test that generates AI-based “quick overview” summaries on some English-language videos
Clive Cookson / Financial Times:
University of Glasgow spinout Chemify, which uses a computing process to design new molecules with AI before making them in an automated lab, raised $43M
Steven Church / Bloomberg:
A Voyager Digital lawyer says the crypto lender's user data may have been stolen when the company started letting customers recover their funds in June 2023

Earlier Picks

Reuters:
Match Group reports Q2 revenue up 4% YoY to $830M, vs. $811M est., paying users down 5% YoY to 15.6M, and forecasts Q3 revenue above estimates
Kif Leswing / CNBC:
AMD reports Q2 revenue down 18% YoY to $5.36B, net income down 94% YoY to $27M, Client revenue down 54% YoY to $998M, and Data Center revenue down 11% to $1.3B
Eari Nakano / Bloomberg:
Pinterest reports Q2 revenue up 6% YoY to $708M, vs. $699M est., MAUs up 8% YoY to 465M, and expects “Q3 revenue to grow in the high single digit range” YoY
Carly Page / TechCrunch:
Halcyon: Cloudzy, a Wyoming-registered web hosting company likely operating out of Tehran, is acting as a command-and-control provider for state-backed hackers
Chavi Mehta / Reuters:
Meta begins the process to end news access on Facebook and Instagram in Canada, in response to a law forcing some companies to negotiate deals to pay publishers
Sarah Perez / TechCrunch:
In a challenge to TikTok, YouTube releases new Shorts creation tools for remixing, adding effects, going live, as well as an interactive Q&A sticker, and more
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