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August 4, 2023, 7:25 PM
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Martin Coulter / Reuters:
To comply with the EU's DSA, TikTok plans to let users turn off personalized recommendations in For You, remove targeted ads for users aged 13 to 17, and more  —  Chinese-owned social media platform TikTok has announced a raft of new features for European users aimed at improving compliance with incoming European Union regulations.
Emma Roth / The Verge:
Coinbase asks a judge to dismiss the SEC's lawsuit, arguing that the case “falls outside the agency's delegated authority” as Coinbase doesn't trade securities  —  Coinbase is asking a judge to dismiss the Securities and Exchange Commission's lawsuit against it.
Dan Garisto / Nature:
Scientists have so far failed to show that a South Korean team's LK-99 material is a claimed room temperature superconductor, which could transform computing  —  You can also search for this author in  —  PubMed Google Scholar  —  A Korean team's claim to have discovered a superconductor …
Leah Nylen / Bloomberg:
Google will face a scaled-down antitrust lawsuit over search after a judge ruled that state AGs didn't show that Google's search results harmed rivals like Yelp  —  - Google still faces DOJ, state suits over search contracts  — Combined trial over claims set for Sept. 12 in federal court
Sankalp Phartiyal / Bloomberg:
Apple, Samsung, HP, and others freeze new imports of laptops and tablets to India; sources say India's sudden import license rules caught the industry off-guard  —  - India surprised industry with new import license requirement  — Modi government seeks to promote domestic manufacturing
Manish Singh / TechCrunch:
India delays its import ban on laptops, tablets, servers, and other devices, offering companies a “transition period” of at least one month to obtain licenses
New York Times:
A profile of TSMC founder Morris Chang, who left the US for Taiwan in 1985 to build a chip manufacturing titan now at the center of the US-China tech Cold War  —  At 92, Morris Chang, the founder of Taiwan Semiconductor Manufacturing Company, can no longer stay in the shadows.  —  Reporting from Taipei, Taiwan
New York Times:
An interview with Chair Mark Liu on why TSMC is staying in Taiwan, China's possible invasion of Taiwan, the US CHIPS Act, cutting off Huawei in 2020, and more
Amir Efrati / The Information:
SoftBank sues former IRL CEO Abraham Shafi for fraud after investing $150M in IRL in 2021 on user metrics claims; IRL allegedly paid to fill the site with bots  —  SoftBank sued former IRL CEO Abraham Shafi and five siblings and cousins for allegedly misleading the investor about the messaging app's growth …
More: TechCrunch, Bloomberg Law, and CNBC
Mastodon: @carnage4life@mas.to.  Twitter: @eringriffith, @eringriffith, @eringriffith, and @pt.  Forums: Slashdot
CNBC:
Ilya Lichtenstein, who earlier pled guilty to laundering $4.5B in bitcoin stolen via Bitfinex's 2016 hack, admits in court to being the original Bitfinex hacker  —  - A New York man admitted being the original hacker of bitcoin in the 2016 hack on Bitfinex he pleaded guilty in federal court …
Lorenzo Franceschi-Bicchierai / TechCrunch:
A profile of Window Snyder, who helped secure the early internet while at Microsoft and Mozilla, and pushed Apple to enable encryption by default in its devices  —  Snyder has made Windows, Mac computers, iPhones, and other technologies more secure for almost 25 years.
Bobby Allyn / NPR:
Background actors describe studios scanning their bodies and worrying over the lack of control of their digital likenesses, a key issue in the SAG-AFTRA strike  —  After four weeks of working as a background actor on the Disney+ series WandaVision during the pandemic, Alexandria Rubalcaba …
Yogita Khatri / The Block:
Revolut plans to start closing its US cryptocurrency services on September 2, citing regulatory uncertainty, impacting less than 1% of its crypto users globally  —  - Revolut is closing its cryptocurrency platform in the U.S., citing regulatory uncertainty.
IDC:
Smartphone shipments in India fell 10% YoY in H1 2023 to 64M; in Q2 2023, Apple and OnePlus grew 61% YoY each, Xiaomi fell 39% YoY, and Realme fell 30% YoY  —  For more information, contact:  —  ujoshi@idc.com  —  mcarreon@idc.com  —  Worldwide Quarterly Mobile Phone Tracker …

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This is a Techmeme archive page. It shows how the site appeared at 7:25 PM ET, August 4, 2023.

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From Mediagazer

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Leo Schwartz / Fortune:
Sources: CoinDesk owner Bullish fired three editors, including EIC Kevin Reynold, amid controversy over forcing editors to take down an article on Justin Sun

Wall Street Journal:
Sources detail creative differences between the Broccoli family, which has creative control over the James Bond franchise, and Amazon, which owns the franchise

More News

Earlier Picks

Bloomberg:
Coinbase reports Q2 revenue down 12% YoY to $707.9M, vs. $631.2M est., net loss down 91% YoY to $97M, and transaction revenue down 50% YoY to $327.1M
Apple:
Apple reports Q3 revenue down 1.4% YoY to $81.8B, declining for a third quarter in a row but largely in line with estimates, and net income up 2.3% to $19.9B
Amazon:
Amazon reports Q2 revenue up 11% YoY to $134.4B, a $6.7B net income, vs. a $2B net loss in Q2 2022, AWS segment sales up 12% YoY to $22.1B; AMZN jumps 9%+
Jess Weatherbed / The Verge:
Brave Search updates its image and video search to use Brave's own index rather than Bing's or Google's; some advanced search capabilities are still absent
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
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%
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