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October 16, 2023, 5:05 PM
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Wall Street Journal:
Sources detail Netflix's deepening gaming push: expanding to games for TVs and PCs, licensing third-party games like GTA, and more mobile games about its shows  —  Streamer to put greater emphasis on developing games based on its popular programming, including ‘Squid Game,’ ‘Wednesday,’ ‘Black Mirror’
Jordan Novet / CNBC:
LinkedIn plans to lay off 668 staff, mostly from its engineering team, after cutting 716 jobs in May 2023; a source says LinkedIn is ramping up hiring in India  —  - LinkedIn is cutting almost 700 employees as revenue growth has slowed over the past two years.
Ash Parrish / The Verge:
Mojang announces 300M+ copies of Minecraft sold in ~15 years; Rockstar's GTA V is the second best-selling game ever after reportedly selling ~185M in ~10 years  —  Today, it adds more down to that particular feather in its cap with the announcement that it has sold a staggering 300 million copies.
AnnaMaria Andriotis / Wall Street Journal:
Sources: Goldman wants to exit consumer lending and offload its Apple deal, possibly to Amex, which has taken issue with the Apple Card's loss rates and more  —  The bank, which reports third-quarter earnings Tuesday, is fighting profit declines and flagging stock
Emily Nicolle / Bloomberg:
Binance halts user signups in the UK, after the FCA restricted a local partner's ability to approve communications for crypto companies with customers  —  - UK's financial promotions regime was widened to include crypto  — Exchange plans to hire a new approver for its communications
Tom Warren / The Verge:
Intel plans to launch its 14th Gen desktop CPUs on October 17, offering up to 6GHz for its flagship $589 Core i9-14900K and increased core count on the $409 i7  —  Intel is launching its 14th Gen desktop processors this week, promising boost frequencies of 6GHz out of the box for its flagship Core i9-14900K.
Victoria Kennedy / Eurogamer.net:
Bethesda Head of Publishing Pete Hines plans to leave after 24 years, just weeks after the release of Starfield, to begin an “exciting new chapter”  —  To begin “exciting new chapter”.  —  Bethesda exec Pete Hines has announced his retirement after 24 years at the company, just weeks after Starfield's launch.
Bloomberg:
Analysts: the iPhone 15 is selling worse in China than the iPhone 14; Counterpoint estimates 4.5% lower sales in 17 days and Jefferies says Huawei outsold Apple  —  - IPhone 15 selling worse in China than its predecessor in 2022  — Sales of Apple's flagship device are down 4.5% in comparison
Karen Freifeld / Reuters:
Sources: the US plans rules to block selling some AI chips to China that fall just under the current technical parameters, mandate shipment reporting, and more  —  The U.S. will take steps to prevent American chipmakers from selling semiconductors to China that circumvent government restrictions …
Hannah Murphy / Financial Times:
Some influencers and CEOs are building their brands on LinkedIn, which is easier due to less creator competition, a committed user base, and a safer feel than X  —  Once purely a jobs board, users say the platform is now more valuable than rivals  —  Marketer Zain Kahn says he earns …

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This is a Techmeme archive page. It shows how the site appeared at 5:05 PM ET, October 16, 2023.

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From Mediagazer

Katie Robertson / New York Times:
The NYT reports adding 260K digital subscribers in Q3, for 11.9M in total, with digital ad revenue up 8.8% YoY to $81.6M, and The Athletic had its first profit

Alex Weprin / The Hollywood Reporter:
Source: NBC gave the Trump campaign free commercial time in response to Harris' SNL appearance, including an unusual ad during Sunday's NASCAR coverage

Joshua Benton / Nieman Lab:
Around 75% of the largest US newspapers aren't endorsing anyone for president this year, as publishers try not to annoy any sliver of their remaining customers

More News

James Titcomb / Telegraph:
Israel plans to boycott Europe's biggest tech conference, Web Summit, after the event's co-founder accused Israel of war crimes, as many tech companies pull out
Jonathan Rothwell / Gallup:
A survey of 1,567 US adolescents: 51% spend at least four hours on social media apps per day; 13-year-olds spent 4.1 hours, rising to 5.8 hours for 17-year-olds

Earlier Picks

Giulio Piovaccari / Reuters:
Ferrari begins accepting crypto for its cars in the US and plans to do the same in Europe in Q1 2024, after customer requests; Ferrari sold 13,200 cars in 2022
Financial Times:
Gary Gensler says it's “nearly unavoidable” that AI will cause a financial crisis if many institutions rely on the same underlying base model or data aggregator
Kate Conger / New York Times:
Australia fined X ~$384K and warned Google after the companies did not give enough info on their efforts to fight CSAM, despite a law requiring such disclosures
Angus Berwick / Wall Street Journal:
How Moscow-based crypto exchange Garantex became a major money laundering channel for cybercriminals and terrorist groups like the Palestinian Islamic Jihad
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