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August 4, 2023, 7:55 PM
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Top News

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
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
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
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.
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 …
Harmeet Singh Walia / Counterpoint Research:
Global smartphone revenue fell 8% YoY and 15% QoQ to under $90B in Q2 2023; Apple had a record 45% share of global smartphone revenue and an 85% share of profit  —  - Apple led global smartphone revenues and operating profit with record June-quarter shares of 45% and 85% respectively.
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:55 PM ET, August 4, 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

Paul Hiebert / Adweek:
IAB and PWC: online ad spend hit $258.6B in 2024, up 15% YoY, with 39.8% going to search, 28.7% to display, 24% to video, and $2.4B to podcasts, up 26.4% YoY

Ted Johnson / Deadline:
In an X post, the FCC chairman suggests Comcast may be violating its licenses and accuses it of “news distortion” after MSNBC didn't air a WH press hearing

Financial Times:
RedBird is drawing up plans to be the “sole-control owner of the Telegraph Media Group” to bring an end to the media group's protracted two-year sale

More News

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
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

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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