Techmeme
October 12, 2023, 2:20 AM

Top News

Jake Piazza / CNBC:
Microsoft receives Notices of Proposed Adjustment from the IRS for an additional $28.9B tax payment; Microsoft plans to appeal, a process expected to take years  —  Microsoft CEO Satya Nadella arrives at federal court on October 2, 2023 in Washington, DC.  Nadella is testifying …
Ashley Capoot / CNBC:
Letter: European regulator Thierry Breton urges Mark Zuckerberg to be “vigilant” about removing disinformation from Meta's platforms during the Israel-Hamas war  —  - European regulator Thierry Breton shared a letter to Meta CEO Mark Zuckerberg Wednesday urging the billionaire to be “vigilant” about removing disinformation.
CNN:
Bloomberg:
US v. SBF: Caroline Ellison says SBF asked her to create false balance sheets to hide debt, he considered offering FTX shares to the Saudi crown prince, more  —  - Ellison takes witness stand for second day at SBF trial  — Ellison discusses mounting loans to Alameda Research
Jacquelyn Melinek / TechCrunch:
US v. SBF: Caroline Ellison says Alameda paid $100M to $150M in crypto transfers to Chinese officials to unfreeze its OKX and Huobi trading accounts, worth ~$1B  —  During the Sam Bankman-Fried trial on Wednesday, former Alameda Research CEO Caroline Ellison testified that the crypto trading …
Tom Ivan / Video Games Chronicle:
Sony plans to launch PS5 game cloud streaming for PlayStation Plus Premium members in Japan on October 17, Europe on October 23, and North America on October 30  —  THE FEATURE WILL BE AVAILABLE TO PLAYSTATION PLUS PREMIUM MEMBERS  —  Sony Interactive Entertainment has announced plans …
Sarah Perez / TechCrunch:
Automattic expands ActivityPub support to WordPress.com hosted sites, letting blog owners reach 13.3M users across the fediverse, including Mastodon's 1.8M MAUs  —  Earlier this year, WordPress.com owner Automattic acquired a plugin that allowed WordPress blogs to be followed in the fediverse …
Allison Johnson / The Verge:
Google Pixel 8 and Pixel 8 Pro review: useful, if troubling, AI photo editing tools, Face Unlock now works for payments, but the Tensor G3 runs hot occasionally  —  These might just be the Pixel phones we've been waiting for, but it all depends on how much trust you're willing to put into Google.
Victoria Song / The Verge:
Sergiu Gatlan / BleepingComputer:
Microsoft plans to deprecate VBScript and make the programming language an on-demand feature in future Windows releases before its eventual removal from the OS  —  Microsoft is planning to phase out VBScript in future Windows releases after 30 years of use, making it an on-demand feature until it is removed.
Paul Kunert / The Register:
Bernstein estimates Google pays Apple $18B to $20B per year, or 14% to 16% of Apple's operating profit, to be the default search engine; the US DOJ says ~$10B  —  Bernstein estimates value of agreement, warns it and similar deals may end if DoJ wins antitrust case
Gabe Bullard / Nieman Reports:
Internal memo: NPR lost a negligible amount of traffic in the six months since leaving Twitter, after the service labeled the outlet “US state-affiliated media”  —  The numbers confirm what many of us have long suspected — that Twitter wasn't worth the effort, at least in terms of traffic
Alex Konrad / Forbes:
Cleanlab, which sells data labelling tools for more accurate AI training data, raised a $25M Series A led by Menlo Ventures and TQ Ventures at a $100M valuation  —  The startup based on a popular open-source project for fixing data problems in AI models now counts cloud heavyweight Databricks as an investor and partner.
Financial Times:
Sources: Sequoia's China spin off HongShan is seeking global business opportunities and investments for its portfolio companies, as China's economy slows down  —  Venture capital firm's head Neil Shen seeks investments and business opportunities for his Chinese portfolio companies
Karen Hao / The Atlantic:
Sources: the US Department of Commerce is considering new export controls for general-purpose AI programs, a move that experts say could weaken US AI innovation  —  Washington and Beijing have been locked in a conflict over AI development.  Now a new battle line is being drawn.
Bloomberg:
Analysis: Apple's key suppliers in Taiwan saw revenue fall 16.4% YoY to ~$38.7B in September, despite the launch of new iPhones and several Android smartphones  —  - September sales deepened double-digit decline seen in August  — Consumer electronics demand has been stubbornly low all year

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Earlier Picks

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Jonathan Greig / The Record: