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 3, 2023, 4:25 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Get our daily newsletter and never miss a story!   ⓧ Newsletter

Top News

Arjun Kharpal / CNBC:
Nintendo Q1: revenue up 50% YoY to ~$3.2B and net profit up 52% YoY to ~$1.3B, driven by The Super Mario Bros. Movie, the new Zelda, and Switch sales up 13.9%  —  - Nintendo reported revenue for the June quarter of 461.34 billion yen ($3.2 billion), rising 50% year-on-year.
Brian Fung / CNN:
Sensor Tower: Threads' DAUs fell to 8M on July 31, down 82% from launch; the daily average time spent fell from 19 minutes per day at launch to 2.9 on August 1  —  Threads, Meta's Twitter rival, is struggling to retain users roughly a month after its highly publicized launch …
Kris Holt / Engadget:
Google expands its privacy tools, including to alert users when their personal info appears in Search and to remove consensual explicit images from Search  —  The company will soon blur explicit imagery in results by default too.  —  Google has announced several updates to Search aimed …
Andrew Tarantola / Engadget:
IBM, HuggingFace, and NASA release an open-source geospatial foundation model to support new climate and Earth science AIs that can track deforestation and more  —  The open-source model will serve as the basis for future forest, crop and climate change-monitoring AI.
TechCrunch:
India restricts importing laptops, tablets, PCs, and servers, effective immediately; analysts say the move appears aimed at boosting local tech manufacturing  —  India restricted import of laptops, tablets, other personal computers and servers with immediate effect on Thursday …
CyberScoop:
Amit Yoran, the CEO of cybersecurity risk management company Tenable, says Microsoft partially fixed an Azure flaw that could let hackers access sensitive data  —  Cybersecurity veteran Amit Yoran says Microsoft has a culture of toxic obfuscation when it comes to addressing security threats.
Ryan Smith / AnandTech:
AMD announces the Radeon Pro W7600 for $599, $50 cheaper than its predecessor, and the W7500 for $429, both based on its new Navi 33 GPU, available later in Q3  —  As AMD continues to launch their full graphics product stacks based on their latest RDNA 3 architecture GPUs …
Bloomberg:
Hong Kong grants its first crypto licenses to HashKey Exchange and OSL, legalizing retail trading of tokens as city officials seek to foster a global crypto hub  —  - Hong Kong is seeking to develop a digital-asset center  — City's pivot has received a guarded welcome from firms
Shubham Kalia / Reuters:
Agence France-Presse sues X in Paris for refusing to discuss potential content distribution payments under a 2019 law; Elon Musk calls the lawsuit “bizarre”  —  said on Wednesday it filed a lawsuit in Paris against Elon Musk's X social media platform, formerly known as Twitter …
Kyle Wiggers / TechCrunch:
Kickstarter plans to require that creators disclose if their projects use AI tools or any training data if they intend to develop AI tech, starting on August 29  —  As generative AI enters the mainstream, crowdfunding platform Kickstarter has struggled to formulate a policy that satisfies parties on all sides of the debate.
Wall Street Journal:
Internal doc: Meta sold 300K Ray-Ban Stories smart glasses between the device's September 2021 launch and February 2023, but the wearable only had ~27K MAUs  —  Company plans second generation as less than 10% of devices purchased are used monthly  —  The Ray-Ban smart glasses launched …
Mia Sato / The Verge:
Patreon temporarily disables Payoneer payments after some creators were unable to access their earnings and some banks flagged subscriber payments as fraudulent  —  Two simultaneous issues with payments on Patreon are causing problems for both creators and fans.
GPU Utils:
An in-depth look at GPU supply and demand, particularly Nvidia H100s, how relying on TSMC can cause bottlenecks, H100 clients, Nvidia's allocations, and more  —  Introduction  —  As of August 2023, it seems AI might be bottlenecked by the supply of GPUs. … Is There Really A Bottleneck?
Krystal Hu / Reuters:
CoreWeave, which offers Nvidia GPUs in the cloud, raised $2.3B in debt, collateralized by Nvidia chips; CoreWeave has raised $421M in equity so far in 2023  —  Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility led by Magnetar Capital and Blackstone (BX.N) …
Claire Moses / New York Times:
After Dutch e-bike maker VanMoof declared bankruptcy, owners of its $2,000+ bikes worry about replacing proprietary parts and losing app-enabled bike functions  —  VanMoof's sleek electric bikes attracted fans, but the Dutch company's demise has left owners unable to get repairs and worried that app-enabled functions may stop working.
More: Zag Daily and Silicon Canals
Mastodon: @rationaldoge@hachyderm.io.  Twitter: @fdcox and @jkaraian.  LinkedIn: Jonah Wagner
New York Times:
How some people use “date-me docs”, online shareable documents akin to newspaper personal ads, to look for more meaningful connections than those in dating apps  —  Writers of the online text profiles, which can read like 1,000-word versions of the personal ads of yore …
Amanda Marcotte / Salon:
Some experts say trolls who built businesses and media careers on Twitter have had to escalate their shock value tactics as “normal people” continue to leave  —  Elon Musk's business model depends on “triggering” liberals — but he's now running out of progressives to bait
Haleluya Hadero / Associated Press:
Amazon expands Twitch's ban on livestreams of gambling content to include online casinos Blaze and Gamdom; gambling viewership fell ~75% after its ban in 2022  —  Amazon-owned Twitch said Wednesday it's expanding the ban on livestreams of gambling content on the platform.
Parth M.N. / Wired:
India's months-long internet shutdown in the state of Manipur from May 4 did not stop ethnic violence and instead provided cover for murders, rapes, and arson  —  Since May 4, the Indian government has shut off the internet in Manipur, giving cover to murders, rapes, and arson.
Threads: @carnage4life.  Mastodon: @carnage4life@mas.to.  Twitter: @peterguest, @shakirmir, and @gregwilliams718

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 4:25 PM ET, August 3, 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

Chris Willman / Variety:
Taylor Swift acquires the rights to her first six albums from Shamrock Capital; sources say the deal was in the mid-$300M range

More News

Mary Ann Azevedo / TechCrunch:
Miami-based Lula, which offers insurance products to car rental, trucking, and logistic companies, raised a $35.5M Series B, after an $18M Series A in July 2021
Michael Geist:
As Meta blocks news links and sharing on Facebook and Instagram in Canada, a look at how Bill C-18 could cause millions of losses for the country's media sector

Earlier Picks

Cristina Criddle / Financial Times:
The UK unveils its National Semiconductor Strategy advisory panel; tech minister Paul Scully says the government prefers chip design over subsidizing chipmaking
Zeba Siddiqui / Reuters:
Microsoft says Russia-linked hackers are behind “highly targeted” social engineering attacks affecting fewer than 40 global organizations since late May 2023
Bloomberg:
India moves ahead with a 28% online gaming tax, effective from October 1, despite 100+ companies and investors like Tiger Global and Peak XV asking for changes
Reuters:
Kenya's interior ministry suspended the local activities of Worldcoin while government agencies assess public safety risks; local media reports 350K+ signed up
Jacob Bogage / Washington Post:
The IRS says that, by 2025, US taxpayers will be able to file every major tax form online, and plans to digitize all paper returns, hastening refunds by weeks
Benjamin Mayo / 9to5Mac:
Apple says Apple Card's savings account, which has had a 4.15% interest rate since its April 2023 launch with partner Goldman Sachs, has topped $10B in deposits
Emilia David / The Verge:
Meta releases AudioCraft, an open-source AI tool that lets users create music and sounds via text prompts, consisting of MusicGen, AudioGen, and EnCodec models
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter