Techmeme
August 9, 2023, 1:00 PM

Top News

CNBC:
Sony reports Q1 revenue up 33% YoY to $20.7B, PS5 sales up 38% YoY to 3.3M, operating income down 31% YoY to ~$782M, and expects to sell 25M PS5s by March 2024  —  Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line …
Cecilia D'Anastasio / Bloomberg:
Take-Two reports Q1 net revenue up 17% YoY to $1.28B, net bookings up 20% YoY to $1.2B, and forecasts $8B in bookings for the next fiscal year, hinting at GTA 6  —  Take-Two Interactive Software Inc., the company behind video games like Grand Theft Auto, rose in extended trading …
Blake Brittain / Reuters:
Gizmodo EIC Dan Ackerman sues Apple, the Tetris Company, and others, claiming they adapted his book about Tetris into a feature film without his permission  —  Dan Ackerman, editor in chief of the tech-news website Gizmodo, filed a lawsuit in Manhattan federal court on Monday accusing Apple …
David Pierce / The Verge:
Slack announces its biggest-ever redesign, catering to power users, adding a new Home section, a new sidebar on the left, a new DMs section, and Activity window  —  Slack is many things.  Which is kind of the problem. … Eventually, that even affects the “talk to your team” part of Slack …
Aaron Pressman / The Boston Globe:
Boston-based cybersecurity company Rapid7 lays off 18% of its workforce, or around 470 people, and reports Q2 revenue rose 14% YoY to $190M and a $67M net loss  —  The Boston-based cybersecurity firm said the cuts will enable it to continue to grow while also freeing up cash
Abner Li / 9to5Google:
Google finally adds native translate capability to its Gmail app on Android, available now, and on iOS, rolling out in the coming weeks  —  Google is finally adding a native translate capability to Gmail for Android and iOS after long supporting it on the web client.
Lily Hay Newman / Wired:
Intel fixes a flaw found by a Google researcher that could let attackers steal passwords and other secrets, affecting Skylake, Tiger Lake, and Ice Lake chips  —  The vulnerability could allow attackers to take advantage of an information leak to steal sensitive details like private messages, passwords, and encryption keys.
Ben Weiss / Fortune:
Aptos Labs partners with Microsoft to build a ChatGPT-powered Aptos Assistant and plans to host validator notes on Azure; GitHub will add Aptos' Move to Copilot  —  Since the A.I.-hype train reached full speed earlier this year, there's been no shortage of crypto entrepreneurs trying to get a piece of the action.
Elizabeth de Luna / Mashable:
X begins making ad revenue payouts to smaller creators, after releasing payments to thousands of select accounts; how payouts are calculated remains unclear  —  ‘$8 to make $370 is a fantastic ROI for something I do anyway,’ one creator tweeted. … X is finally paying smaller creators …
Josh Ye / Reuters:
China plans to require that app developers file business details with the government or face sanctions from March 2024, likely creating headaches for developers  —  China will require all mobile app providers in the country to file business details with the government, its information ministry said …
Ava Benny-Morrison / Bloomberg:
Sources: former FTX Digital Markets co-CEO Ryan Salame is talking with prosecutors to plead guilty to criminal charges and may enter a plea as soon as September  —  - Ryan Salame was the co-chief executive of FTX Digital Markets  — Salame would be fourth former FTX executive to plead guilty
Joel Khalili / Wired:
Sex workers who use crypto to store wealth and accept payment, bypassing the banking system, are finding the limits of its utility amid the regulatory scrutiny  —  Banks and payments companies have long penalized sex workers.  Many thought crypto would be a solution, but now exchanges are dumping them too.
Geoffrey A. Fowler / Washington Post:
CCDH: ChatGPT, Bard, My AI, DreamStudio, DALL-E, and Midjourney generated “pro-anorexia” content 41% of the time when asked about common eating disorder topics  —  Disturbing fake images and dangerous chatbot advice: New research shows how ChatGPT, Bard, Stable Diffusion …
Jesse Hamilton / CoinDesk:
The US Federal Reserve launches a program to oversee banks' crypto activity and further explains how banks need pre-approvals for engaging with stablecoins  —  Fresh crypto guidance from the U.S. central bank doesn't represent a departure from previous policy, but it provides more details on what the Fed expects from banks.
Ben Schoon / 9to5Google:
YouTube plans to stop showing recommended videos in some places, including on the homepage, if a logged-in user's watch history feature is turned off entirely  —  Recommended videos keep users engaged on YouTube, but starting today, YouTube will stop showing recommended videos in some places …
Varsha Bansal / Rest of World:
A look at the Indian Institutes of Technology, established in the 1950s and 1960s to emulate MIT and now comprising 23 schools offering a path to tech success  —  Indian tech entrepreneur Kesavan Kandadai has many accomplishments under his belt: launching Amazon Prime Video in India and founding …
Will Oremus / Washington Post:
A look at Def Con's White House-backed Generative Red Team Challenge, where contestants try to make AI chatbots go rogue; the results will be sealed for months  —  Chatbots can be biased, deceptive or even dangerous.  Hackers are competing to figure out exactly how.
Rebecca Bellan / TechCrunch:
Lyft CEO David Risher says the company is trying to end surge pricing as “riders hate it”; higher driver supply cut the share of surge pricing rides by 35% QoQ  —  Lyft has been cutting fares in order to secure more riders, and it's working.  Bu that success has come with a (literal) cost.

Sponsor Posts

Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
CIO challenge 6: Can we find an effective solution that also minimizes operational costs?  —  Welcome to the next and final installment of our CIO series!  After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Techmeme Ride Home:
(BNS) How To Know When To Kill Your Startup
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:00 PM ET, August 9, 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.

More News

Manish Singh / TechCrunch:

Earlier Picks

Nivesh Rustgi / Decrypt:
Kyle Bradshaw / 9to5Google:
Sarah Perez / TechCrunch:
Abner Li / 9to5Google: