Techmeme
October 5, 2023, 5:00 PM

Top News

Sheila Dang / Reuters:
Analytics firm Guideline: X's monthly US ad revenue has declined 55%+ YoY in each of the 10 months after Elon Musk's October 2022 takeover through August 2023  —  Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought …
Shawn Tully / Fortune:
How interest rates and X's weak performance, which prevented banks from unloading their debt, gave Elon Musk the upper hand before X CEO's meeting with banks  —  Elon Musk may hold the upper hand when negotiating with the banks that financed his Twitter bid.  —  LEAH MILLIS—REUTERS
Austin Weinstein / Bloomberg:
Filing: the US SEC sues Elon Musk to force him to testify in its probe into his Twitter takeover in 2022, after Musk failed to appear for testimony in September  —  - Agency says that billionaire failed to appear last month  — Musk attorney calls effort to force testimony ‘misguided’
Tom Warren / The Verge:
The CMA opens an investigation into public cloud providers AWS and Azure in the UK, after a referral from Ofcom, and sets a statutory deadline for April 4, 2025  —  The clouds are gathering over Microsoft's Azure operations in the EU and now the UK, with the launch of a new investigation …
Ryan Browne / CNBC:
Ofcom finds that “hyperscalers” like AWS and Microsoft Azure are limiting competition in the UK's cloud market by making it difficult for businesses to switch  —  - Ofcom is concerned that so-called “hyperscalers” like Amazon Web Services and Microsoft Azure are limiting competition in the cloud computing market.
Bryant Francis / Game Developer:
Epic Games plans an Unreal Engine per-seat licensing fee for non-gaming sectors like film and TV; Tim Sweeney says “financial problems” hit Epic ~10 weeks ago  —  A week after laying off almost 900 employees, Epic Games announced that it's increasing the price to use Unreal Engine …
Tom Warren / The Verge:
Leah Nylen / Bloomberg:
US v. Google: in 2018 and 2019, Apple and DuckDuckGo talked changing Safari private mode's default search engine; an Apple exec said it's “probably a bad idea”  —  - DuckDuckGo spoke with Apple about 20 times on possible change  — Apple exec testified he viewed it as ‘probably a bad idea’
Emanuel Maiberg / 404 Media:
Some 4chan users are running a coordinated campaign to flood the internet with racist images created using Bing's text-to-image AI tool powered by DALL-E 3  —  A coordinated campaign to flood the internet with racist images is using Bing and DALL-E 3's text-to-image AI tool.
Ben Schoon / 9to5Google:
Samsung unveils the Galaxy SmartTag 2, with a revamped design, Bluetooth, UWB, and still compatible only with Samsung devices, available on October 10 for $30  —  As the smart tracker market waits for Google to shake things up on the Android side of things, Samsung has today unveiled the Galaxy SmartTag 2 …
Wall Street Journal:
Sources: some US FTX staff found and internally reported Alameda's backdoor used to allegedly withdraw billions in client funds, months before FTX's collapse  —  The crypto exchange allowed Alameda to have a negative balance of up to $65 billion, prosecutors say
George Dvorsky / Gizmodo:
Amazon's Project Kuiper plans to launch its first demo internet satellites, KuiperSat-1 and KuiperSat-2, on October 6 for its 3,236-satellite megaconstellation  —  Jeff Bezos's space venture, Project Kuiper, is set for a Friday launch, aiming to challenge Elon Musk's Starlink in the satellite internet arena.
Sebastiaan de With / Lux:
In-depth iPhone 15 Pro Max camera review: native 24MP capture and 5x lens represent one of the biggest camera upgrades in iPhone's history for everyday users  —  Sebastiaan de With reviews the latest telephoto-equipped camera out of Cupertino in our annual iPhone 15 Pro Max camera review.
Financial Times:
Belgium's intelligence service has been monitoring Alibaba's logistics hub in Europe at Liège's cargo airport to detect “possible espionage” by Chinese entities  —  Belgian security service says Chinese group's logistics arm in Liège under scrutiny over use of sensitive data

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:
CIO challenge 5: Can we find an effective solution that also minimizes operational costs?  —  Welcome to the next and final installment of our CIO series!  After what feels like a thousand cups of coffee …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Thu. 11/21 - What The DOJ Wants Google To Do
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 5:00 PM ET, October 5, 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

Natalie Korach / The Wrap:
Abner Li / 9to5Google:
Juli Clover / MacRumors:
Ivan Mehta / TechCrunch:
Steve Dent / Engadget:
Wes Davis / The Verge:
Sarah Perez / TechCrunch: