Open Links In New Tab
Mobile Archives Site News
Techmeme
August 25, 2023, 6:25 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Sponsor Events Newsletter

Top News

Natasha Lomas / TechCrunch:
The EU's DSA goes into effect, forcing platforms like Facebook, Instagram, YouTube, and TikTok to let users opt out of profiling-based content recommendations  —  Internet users in the European Union are logging on to a quiet revolution on mainstream social networks today: The ability to say ‘no thanks’ to being attention hacked by AI.
Wall Street Journal:
The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026  —  Long-delayed regulations would treat crypto platforms more like brokers who handle stocks and mutual funds
Dan Primack / Axios:
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B  —  Grocery delivery giant Instacart on Friday filed for its initial public offering, with expectations that its shares will begin trading on the Nasdaq next month.
Ryan Smith / AnandTech:
AMD announces new Radeon RX 7000 series video cards, the $449 RX 7700 XT and the $499 7800 XT, based on its new Navi 32 GPU and aimed at the 1440p gaming market  —  With the Gamescom convention taking place in Germany this week, AMD is using Europe's largest video game trade show as the venue …
Washington Post:
How Meta and YouTube, battered by content moderation wars, are following X in retreating from policing political misinformation, raising US 2024 election fears  —  Facebook and YouTube are receding from their role as watchdogs against conspiracy theories ahead of the 2024 presidential election
Ariel Bogle / The Guardian:
The New York Times, CNN, Reuters, and other outlets block OpenAI's GPTBot web crawler from accessing their content; some have also blocked Common Crawl's CCBot  —  Chicago Tribune and Australian newspapers the Canberra Times and Newcastle Herald also appear to have disallowed web crawler from maker of Chat GPT
Julian Chokkattu / Wired:
Citizen suspends sales of its $350+ CZ Smart smartwatch, launched on May 1; review units had serious issues, like screen freezing and inaccurate tracking data  —  The second-generation CZ Smart launched a few months ago.  Both the company and reviewers have found serious technical issues.
New York Times:
Sources: a company spending $800M+ to buy thousands of acres to build a new Bay Area city is backed by Michael Moritz, Reid Hoffman, Marc Andreessen, and others  —  A mysterious company has spent $800 million in an effort to buy thousands of acres of San Francisco Bay Area land.
AJ Vicens / CyberScoop:
Microsoft says Flax Typhoon, a hacking group active since mid-2021 with suspected Beijing ties, is targeting dozens of organizations in Taiwan, and elsewhere  —  A group dubbed Flax Typhoon has targeted “dozens” of Taiwanese organizations, according to new research from Microsoft.
Annie Palmer / CNBC:
E-commerce marketing company Klaviyo files for a US IPO and reports H1 2023 revenue of ~$321M, vs. ~$208M YoY, and $15.2M net income, vs. a $24.6M net loss YoY  —  - Marketing automation company Klaviyo became the latest tech company to try to join the public markets, after Instacart and Arm submitted IPO filings.

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.
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:
5 common accounting mistakes  —  This is a guest post by Yaali Bizappln Solutions.  A lot of businesses manage their customers and finances on separate platforms.  This disconnect often leads to missed invoices …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Sponsor Techmeme
Techmeme Ride Home:
 (BNS) Brian's Appearance On Daily Detroit
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.
Sponsor this podcast
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:25 PM ET, August 25, 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

Lucas Shaw / Bloomberg:
The music industry is entering a cycle of consolidation, driven by a slowdown at the major labels, the growing market for independents, and the rapacity of PE

Max Tani / Semafor:
Sources: CNN is considering making network anchor Kaitlan Collins its chief White House correspondent and relocating her show from New York to DC

Manuel Roig-Franzia / Washington Post:
An interview with Alsu Kurmasheva of RFE/RL, a seasoned editor and broadcaster who spent months in a Russian prison before being released in a prisoner swap

More News

David Jeans / Forbes:
NYC-based digital lender Better.com closed down 94% in its Nasdaq debut on August 24, after a SPAC merger with Aurora Acquisition Corp
Manish Singh / TechCrunch:
Grocery delivery startup Zepto raised a $200M Series E led by StepStone at a $1.4B valuation, India's first 2023 unicorn and taking its total funding to ~$560M

Earlier Picks

Charlize Alcaraz / BetaKit:
Toronto-based Ideogram raised a $16.5M seed led by a16z and Index Ventures and launches a beta of Ideogram AI, its generative AI-based text-to-image product
Yueqi Yang / Bloomberg:
Mastercard and Binance plan to end their Latin America and Middle East card partnership on September 22; Visa stopped issuing Binance cards in Europe in July
Brody Ford / Bloomberg:
Dropbox ends its unlimited option, capping its “all the space you need” storage plan to 5TB, after some abused the tier by pooling storage, reselling, and more
Brendan Case / Bloomberg:
Walmart partners with Alphabet's Wing to test drone deliveries of up to six miles at two stores in the Dallas area, dropping off food and household essentials
Emilia David / The Verge:
Meta debuts Code Llama, which can generate code and debug human-written work, under the same community license as Llama 2, free for research and commercial use
Foo Yun Chee / Reuters:
To comply with the EU's DSA, Google plans to expand its Ads Transparency Center and offer more info on EU targeted ads, give researchers more access, and more
Brian Heater / TechCrunch:
Apple voices its support for California's Right to Repair Act, which passed a Senate vote 38-0 in May 2023 and now awaits approval before a full assembly vote
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Sponsor Events Newsletter