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September 11, 2023, 2:10 PM
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Top News

Bloomberg:
Qualcomm says Apple extended its modem deal for three more years, covering “smartphone launches in 2024, 2025, and 2026”; the prior deal was set to end in 2023  —  - Pact between the companies had been scheduled to end this year  — The iPhone maker has been trying to create its own components
Reuters:
Filing: Instacart aims to raise up to $616M in its IPO at an up to $9.3B valuation and prices shares at $26 to $28; the listing is expected later in September  —  Instacart is aiming for a valuation of up to $7.73 billion, the grocery delivery company said on Monday, in its march toward …
WABetaInfo:
WhatsApp releases an Android beta that adds a “Third-party chats” screen, revealing how Meta plans to comply with the EU's DMA chat interoperability regulations  —  WhatsApp is rolling out a new update through the Google Play Beta Program, bringing the version up to 2.23.19.8.
Reuters:
Sources: seeking to shore up its finances, Embracer is considering its options for US-based Borderlands developer Gearbox, acquired for $1.4B in February 2021  —  Embracer (EMBRACb.ST) is considering options for its U.S. game developer Gearbox Entertainment including a sale …
Zack Abrams / The Block:
FTX sues cross-chain swap protocol builder LayerZero Labs, seeking to undo a $45M deal made four days before FTX filed for bankruptcy and $40M+ in withdrawals
Zac Bowden / Windows Central:
Microsoft drops software support for the first-generation Surface Duo, three years after its launch; the Android smartphone received only two major OS updates  —  On its third birthday, the original Surface Duo is no longer supported by Microsoft.  —  What you need to know
Hunter Walk:
Why there has never been a better time to be an online creator: it might be harder than ever to earn $1M per year, but it has never been easier to make $50K  —  I judge the health of the creator economy by one single controversial factor: ease of access and probability of survival for its participants.
Wall Street Journal:
A competition between Wharton MBA students and ChatGPT that judges generating ideas for a new product or service finds that 35 of the top 40 came from ChatGPT  —  We put humans and AI to the test.  The results weren't even close.  —  How good is AI in generating new ideas?
Melanie Mitchell / AI: A Guide for Thinking Humans:
A look at whether LLMs reason, the downsides of “chain of thought”, how models might solve problems without reasoning, and evaluating LLMs for general reasoning  —  What should we believe about the reasoning abilities of today's large language models?
Gillian Tett / Financial Times:
An interview with Walter Isaacson on Elon Musk, the new biography, why Musk agreed, the Twitter acquisition, Musk being “driven by demons”, surprises, and more  —  The writer tells Gillian Tett what he learnt during two years spent with ‘total access’ to the tech tycoon
Manish Singh / TechCrunch:
Coinbase says the company disabled sign-ups in India in June but remains committed to the country, after emailing users about ceasing operations on September 25  —  Coinbase said Monday that it has disabled new user sign-up on its exchange product in India, but remains committed to the country …

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This is a Techmeme archive page. It shows how the site appeared at 2:10 PM ET, September 11, 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

Joe Flint / Wall Street Journal:
Sources: NBC's new deal with Macy's to keep the Thanksgiving Day Parade on NBC and Peacock has an average annual fee of $60M+, up from ~$20M in the current deal

Dominic Patten / Deadline:
Filing: Disney agrees to pay $43.25M to settle a 2019 lawsuit over pay equity for up to 14,000 female Disney employees; the trial was set to begin in May 2025

Carmen Reinicke / Bloomberg:
Conservative video streaming platform Rumble hires Guy Beahm, aka Dr Disrespect, to lead Rumble Gaming; RUM rises 13%+ to its highest level since May 2024

More News

Andy Robinson / Video Games Chronicle:
Nintendo and DeNA tell Mario Kart Tour users that the mobile game won't be updated after October 4, 2023, hinting at Nintendo's lessening focus on mobile titles

Earlier Picks

Max Tani / Semafor:
NewsWhip data on 300K influential X users: X is throttling posts with New York Times links, with “weekly average shares per article” down 75%+ from a July peak
Wall Street Journal:
Sources: Meta plans to begin training a new LLM in Q1 2024 on its own infrastructure and hopes the model will be roughly as capable as OpenAI's GPT-4
Molly White / Web3 is Going Just Great:
Vitalik Buterin's X account was hacked to promote a crypto scam, leading to an estimated $650K+ of assets being stolen; the tweet was deleted within 20 minutes
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