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August 2, 2023, 12:00 PM
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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.
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.
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
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
Tom Warren / The Verge:
Microsoft now lets Xbox owners stream gameplay from the console to Discord users, rolling out to all Xbox users in the coming months  —  Microsoft is improving its Xbox and Discord integration with a new streaming gameplay feature.  Xbox owners will soon be able to stream their gameplay …
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 …
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
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  —  Hopin, the virtual events startup that saw its star (and valuation) rise quickly during the Covid-19 pandemic, is most definitely coming down to earth.
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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About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:00 PM ET, August 2, 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.

From Mediagazer

Joe Flint / Wall Street Journal:
Sources: WBD and the NBA settle a lawsuit and agree to let WBD develop new shows with NBA content and grant rights in parts of Northern Europe and Latin America

Anna Merlan / Mother Jones:
Attorneys for X entered an appearance during the November 14 court hearing about Infowars' auction and asked to be included on future case communications

Michael Gold / New York Times:
President-elect Donald Trump announces he has chosen Karoline Leavitt, who served as his campaign's press secretary, to be his White House press secretary

More News

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, @pasternack, @dburghart, @max_uf, and @fastcompany.  Forums: Slashdot
Helene Braun / CoinDesk:
GameStop plans to shut down its iOS and Chrome crypto wallet extensions on November 1 due to “regulatory uncertainty”, after rolling out the service in May 2022
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
Kyle Wiggers / TechCrunch:
Socket, which sells a scanning tool for detecting vulnerabilities in open-source code, raised a $20M Series A led by a16z, taking its total funding to $24.6M
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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