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September 29, 2023, 4:55 PM
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Top News

Wall Street Journal:
Sources: Apple executives met Chinese officials in recent months to discuss new rules forcing Apple to ban apps whose operators are not registered with China  —  Country's push to register foreign apps threatens to remove Facebook, Instagram and X from iPhone App Store in China
Benjamin Mullin / New York Times:
Letterboxd's founders sell a majority stake to Victoria-based Tiny; a source says the deal values the film-focused social network with ~10M users at $50M+  —  Two designers from New Zealand built a wildly popular social network for movie buffs.  Now, they're cashing in (and sticking around for the sequel).
Financial Times:
Sources: Linda Yaccarino plans an October 5 meeting with the seven banks that helped fund Elon Musk's takeover of X to lay out her plans to revive the company  —  Linda Yaccarino is next week planning to meet the seven banks that helped bankroll Elon Musk's takeover of X, formerly known as Twitter …
Jacquelyn Melinek / TechCrunch:
Liquidators say Singapore arrested 3AC co-founder Su Zhu when he tried to leave the country and sentenced him to four months for not complying with court orders  —  The hedge fund's other co-founder Kyle Davies is also being called for arrest and imprisonment
Jonathan Greig / The Record:
Progress Software, the company behind the widely exploited MOVEit file transfer tool, patches critical vulnerabilities in its WS_FTP Server data transfer tool  —  The company behind a popular file transfer service that was exploited by ransomware hackers has announced a new set of vulnerabilities affecting another file transfer tool.
Elizabeth Pineau / Reuters:
French authorities say they approved Apple's iPhone 12 software update that addresses radiation level concerns; Apple submitted the update on September 26  —  French authorities said on Friday they had approved Apple's AAPL.O software update of its iPhone 12 after a row over radiation levels of the device …
Natasha Mascarenhas / The Information:
Sources: Jasper, which offers an AI writing tool for marketers, cut its $140M ARR projections for 2023 by 30%+ and its internal valuation by 20% from $1.5B  —  Jasper AI, an early darling of the generative artificial intelligence boom, has cut the internal value of its common shares 20% …
Washington Post:
The Supreme Court agrees to hear two cases concerning whether Florida and Texas can restrict social media companies from removing political posts or accounts  —  The Supreme Court on Friday said it would wade into the future of free speech online and decide whether laws passed in Texas …
Lex Fridman / Lex Fridman Podcast:
In a Q&A using Meta's photorealistic Pixel Codec Avatars, Mark Zuckerberg discusses the metaverse, Quest 3, the nature of reality, AI, and humanity's future  —  - Watch the full YouTube version of the podcast  —  Table of Contents  —  Here are the loose “chapters” in the conversation.
Reuters:
Intel begins chip production using extreme ultraviolet lithography machines at its $18.5B Ireland plant, its first high-volume location for its 7nm process  —  Chipmaker Intel (INTC.O) said on Friday it had begun high-volume production using extreme ultraviolet (EUV) lithography machines …
Sarah Perez / TechCrunch:
BeReal says its app has 25M+ DAUs, up from 20M in October 2022, disputing a Similarweb report estimating that BeReal's MAUs declined to 16.06M in August 2023  —  Just under a year ago, the buzzy new social app BeReal looked to be on the rise, with reportedly 20 million users launching the app every day to snap their candid photos.
More: Gizmodo

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This is a Techmeme archive page. It shows how the site appeared at 4:55 PM ET, September 29, 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

Wall Street Journal:
WBD adds Anton Levy, former co-president of PE firm General Atlantic, to its board, a source says due to pressure from activist shareholder Sessa Capital

Megan Graham / Wall Street Journal:
Yahoo hires Josh Line, who was most recently Paramount Global's chief brand officer, as its CMO to revive its brand as “one of the OGs of the internet”

Kendra Barnett / Adweek:
Leaked docs: Omnicom offered clients who didn't spend on X in 2024 an added value of 50%, up to $200K, for buying X ads during Q1 2025, among other incentives

More News

David Heaney / UploadVR:
Meta's Quest 3 is scheduled to get upper body tracking via its side cameras and AI estimated legs, called Generative Legs, in a software update in December 2023
Bloomberg:
Sources: Microsoft executives met Eddy Cue regarding Apple acquiring Bing around 2020, which would have replaced Google Search as the default on Apple's devices
Emma Roth / The Verge:
Google lets publishers use a robots.txt flag to opt out of the company using their data to train its AI models, while remaining accessible through Google Search
Umar Shakir / The Verge:
Google plans to stop supporting its $5K, 55" Jamboard meeting room display on September 30, 2024 and phase out its collaborative Jamboard app on October 1, 2024

Earlier Picks

Aisha Malik / TechCrunch:
Google opens its Search Generative Experience to US teens ages 13-17, adds more context on how a response was generated, and improves offensive query detection
Ash Parrish / The Verge:
Epic Games lays off 16% of its workforce, or ~830 employees, divests from music storefront Bandcamp, and intends to spin off “kid-tech” company SuperAwesome
Carly Page / TechCrunch:
Google patches a Chrome zero-day that was exploited by a commercial spyware vendor, just two days after Google's Threat Analysis Group informed the Chrome team
Victoria Song / The Verge:
Google unveils the Fitbit Charge 6, with a haptic side button, integration with Google services like YouTube Music, and more, available on October 12 for $160
RT Watson / The Block:
Coinbase says the crypto exchange has gained approval from the Bermuda Monetary Authority to offer non-US retail users perpetual futures trading
Ivan Mehta / TechCrunch:
Reddit removes the ability to opt out of ad personalization based on Reddit activity but says that users will still have opt-out controls in “select countries”
Camomile Shumba / CoinDesk:
Report: the Bank for International Settlements and French, Swiss, and Singaporean central banks successfully tested cross-border trading of wholesale CBDCs
Emma Roth / The Verge:
Raspberry Pi 5 launches with a 64-bit quad-core ARM Cortex-A76 chip, up to 8GB of RAM, two 4K HDMI ports with HDR, available in October for $60 for a 4GB model
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