Note: Techmeme is hiring part-time editors. Go here to apply, or tell a friend!
Open Links In New Tab
Mobile Archives Advertise
Techmeme
August 2, 2023, 1:25 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Get our daily newsletter and never miss a story!   ⓧ Newsletter

Top News

Ivan Mehta / TechCrunch:
X now lets X Blue subscribers hide their checkmarks, but warns that “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 tweetdeck.twitter.com URL and much of the copy remain unchanged, including a “tool for people who live on Twitter” description
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
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 …
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
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 …
Emilia David / The Verge:
Meta releases AudioCraft, a new open-source AI model that lets users create music and sounds via prompts, consisting of MusicGen, AudioGen, and EnCodec models  —  It consists of three AI models, all tackling different areas of sound generation.  MusicGen takes text inputs to generate music.
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 …

Sponsor Posts

Google:
Generate videos with Veo 3 in Google Gemini  —  Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator.  Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future  —  Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
6 Tips to Unlock Revenue with Transactional Emails  —  This is a guest post by Tabular.You might think of transactional emails as boring necessities, but the truth is, they're far more powerful than you realize.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Techmeme Ride Home:
 Big Meta/Anduril Deal Is A Big Deal
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Sponsor this podcast
The Social Radars:
 Ron Conway, Founder, SV Angel Part 4 (Bonus)
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Hard Fork:
 The A.I. Jobpocalypse + Building at Anthropic with Mike Krieger + Hard Fork Crimes Division
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Logan Bartlett Show:
 Rick Smith (CEO, Axon): The Wild Ride From Near-Bankruptcy to $50B+
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
The Talk Show With John Gruber:
 'Sewing Machine Repair Shop', With Patrick McGee
The director's commentary track for Daring Fireball. Long digressions on Apple, technology, design, movies, and more.
Subscribe to The Talk Show With John Gruber.
Decoder with Nilay Patel:
 How private equity kills companies and communities
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Add your postcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:25 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

Sara Fischer / Axios:
PBS and a public TV affiliate in Minnesota sue the Trump administration, saying his executive order to cut federal funding violated PBS' First Amendment rights

Max Tani / Semafor:
The California State Senate opens an inquiry into whether Paramount's reported $15M proposed settlement with Trump violated bribery and unfair competition laws

Brian Stelter / CNN:
OAN chief Pentagon correspondent Gabrielle Cuccia says she was fired after criticizing Defense Secretary Pete Hegseth's media restrictions at the Pentagon

More News

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
Alex Pasternack / Fast Company:
An interview with Google Jigsaw engineer Lucy Vasserman on how OpenAI, Anthropic, and others use Jigsaw's AI-based Perspective API to flag LLMs' toxic speech
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
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
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter