Techmeme
August 22, 2023, 2:40 AM

Top News

CNBC:
SoftBank's Arm files to list on the Nasdaq and reports $524M net income on $2.68B in FY 2023 revenue, down 1% YoY from $2.7B; the company wants the ticker ARM  —  - Arm, which is owned by SoftBank, filed on Monday to list on the Nasdaq.  — The U.K.-based chipmaker is looking to go public during …
Leo Schwartz / Fortune:
Coinbase takes a “small” equity stake in Circle for the first time, as the companies close the Centre Consortium, which previously governed the USDC stablecoin  —  On Monday, Coinbase and Circle, the two companies behind USD Coin, settled on new terms that would change the governance …
Ronan Farrow / New Yorker:
Interviews with 30+ of Elon Musk's colleagues and dozens of others detail his growing power, childhood, career, politics, role in Russia's Ukraine war, and more  —  How the U.S. government came to rely on the tech billionaire—and is now struggling to rein him in.
Craig Trudell / Bloomberg:
Richard Lawler / The Verge:
X says the company fixed a bug that prevented the service from displaying many images from before 2014 over the weekend, and that “no images or data were lost”  —  Over the weekend, word spread about a problem affecting old tweets, and eventually, we narrowed it down to anything posted …
Avram Piltch / Tom's Hardware:
Google's AI-powered Search Generative Experience and Bard listed favorable arguments when asked about “benefits” of slavery, genocide, fascism, and colonization  —  Large Language Models shouldn't offer opinions or advice.  —  If you asked a spokesperson from any Fortune 500 Company …
Kylie Robison / Fortune:
Elon Musk says X will remove headlines from link previews in posts with news articles, so that the previews display only the lead image and the news site's URL  —  X, the social media platform previously known as Twitter, is planning a major change in how news articles appear on the service …
Shaurya Malwa / CoinDesk:
Friend.tech, which lets people use crypto to buy “shares” of X accounts, hits 100K users, per a database of wallet addresses that has raised privacy concerns  —  The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch.
Miles Kruppa / Wall Street Journal:
YouTube and Universal Music Group partner to explore new products, using music in AI tools, and paying artists whose work is used to make AI-generated content  —  YouTube has recruited Frank Sinatra's estate and other Universal Music Group UMG .39%increase; green up pointing triangle acts …
Sarah Perez / TechCrunch:
Apple adds Subscription Analytics to Podcasts, adds more hosts to Delegated Delivery, and integrates its podcast analytics into Linkfire's marketing platform  —  Apple announced today several new updates to its podcast creator tools, including, most notably, the addition …
Jordan Novet / CNBC:
Zoom Q2: revenue up 3.6% YoY to $1.14B, vs. $1.12B est., net income up 298% YoY to $182M, enterprise customers up 1% QoQ to ~218.1K, and raises FY 2024 guidance  —  - Zoom surpassed expectations on the top and bottom lines and pushed up full-year guidance.  — During the quarter Zoom …
Emily Baker-White / Forbes:
A draft US and ByteDance summer 2022 agreement to avoid a TikTok ban would give US agencies power to block app policy changes, veto executive hirings, and more  —  For the past several years the Biden Administration and TikTok have been negotiating a deal to resolve national security concerns posed by the Chinese-owned app.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
How remote support can make your Christmas stress-free  —  As Christmas approaches, the air fills with the anticipation of joy, family gatherings, and gift-giving.  While the season brings immense happiness …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
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.
Techmeme Ride Home:
(BNS) Calvin And Hobbes - With Daniel Kibblesmith
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 2:40 AM ET, August 22, 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

Earlier Picks

AI Snake Oil:
Harry McCracken / Fast Company:
Dana Hull / Bloomberg:
Vishal Chawla / The Block: