Techmeme
August 24, 2023, 10:15 AM

Top News

Brian Heater / TechCrunch:
Apple announces support for California's Right to Repair Act, which passed a Senate vote in May 2023 and now awaits approval before a full assembly vote  —  In a surprise move, Apple this week penned a letter to California state senator Susan Talamantes Eggman, voicing support for SB 244 …
Kif Leswing / CNBC:
Nvidia reports Q2 revenue up 101% YoY to $13.51B, vs. $11.22B est., Data Center revenue up 171% YoY to $10.32B, and authorizes a $25B buyback  —  - Nvidia's performance was driven by its data center business, which includes the A100 and H100 AI chips that are needed to build and run artificial intelligence applications like ChatGPT.
Tom Phillips / Eurogamer.net:
Q&A with Phil Spencer on growing Game Pass, Microsoft's mobile focus, streaming Starfield and other games on mobile, Xbox generations, console prices, and more  —  Phil Spencer on new hardware, price drops, mid-gen refreshes - and why the company won't ditch Series S.  —  Interview by Tom Phillips Editor-in-Chief
Irregular Ideas:
David Gewirtz / ZDNet:
Google announces new security features for Workspace, including zero-trust, data loss prevention, and digital sovereignty controls, rolling out in 2023 and 2024  —  Google Workspace, your most secure choice in productivity suites, will be getting even more secure.
Erin Woo / The Information:
Sources: TikTok plans to bar links to Amazon and other e-commerce sites to force people to use TikTok Shop; source says Shop will lose $500M+ in the US in 2023  —  The cost of TikTok's online shopping expansion in the U.S. is beginning to add up.  —  TikTok Shop, the app's nascent shopping service …
Clive Cookson / Financial Times:
Kris Holt / Engadget:
Epic Games announces the Epic First Run program, offering developers 100% of net revenue for six months if they launch games exclusively on the Epic Games Store  —  Games and apps in the Epic First Run program will also benefit from extra exposure on the storefront.
Katherine Ross / Blockworks:
The US DOJ charges Tornado Cash co-founders Roman Storm, of Washington, and Roman Semenov, a Russian national, with money laundering and sanctions violations  —  The inclusion of the Tornado Cash co-founder on the list marks an escalation of the US government's previous investigations into the crypto mixer
Dade Hayes / Deadline:
WBD plans to launch CNN Max, a 24/7 stream pulled from CNN's US and international feeds alongside some original content, in “open beta” on September 27 on Max  —  - Netflix Added 2.6M U.S. Subscribers In July, Continuing Advertising Momentum Amid Password-Sharing Crackdown, Study Finds
Jack Schickler / CoinDesk:
Filings: FTX wants to begin selling, staking, and hedging its crypto holdings, valued at over $3B, and seeks to hire Mike Novogratz's Galaxy as an advisor  —  The bankrupt exchange wants to return funds to creditors in dollars without denting value.  —  Register Now

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