Techmeme
October 19, 2023, 12:00 PM

Top News

Leo Schwartz / Fortune:
New York AG Letitia James sues the Winklevoss' Gemini, Genesis, and its parent Digital Currency Group, alleging the companies defrauded 230K investors of $1B+  —  New York Attorney General Letitia James is suing the Winklevoss twin-led exchange Gemini along with the crypto lending firm Genesis …
RT Watson / The Block:
Chainalysis says recent media reports about the supposed use of crypto by terrorist organizations might be overstating metrics and using “flawed analyses”  —  - Chainalysis said some recent reports about the supposed use of crypto by terrorist organizations might be overstating metrics and using “flawed analyses.”
Dan Goodin / Ars Technica:
A researcher details a malicious and convincing Google ad linking to a fake site for password manager Keepass; Google shows a verified advertiser paid for them  —  Google-verified advertiser + legit-looking URL + valid TLS cert = convincing look-alike.  —  Google has been caught hosting …
Emma Roth / The Verge:
WhatsApp plans to let users switch between two accounts on Android in the coming weeks; a second account will still need a separate phone number and SIM card  —  If you use two different WhatsApp accounts, you'll soon be able to access both from just one device.
WABetaInfo:
Bloomberg:
TSMC reports Q3 revenue down 14.6% YoY to ~$17.28B, net income down 24.9% YoY to ~$6.5B, and expects to spend $32B on growing and upgrading capacity in 2023  —  - Sales and capex projections both came in ahead of estimates  — World's most advanced chipmaker is struggling with a downturn
Financial Times:
Sources: the UK plans to announce an international advisory group on AI, loosely modeled on the UN's IPCC, at the November 2023 AI summit in Bletchley Park  —  The British government wants to draw on expert knowledge about the fast-developing technology  —  The UK is planning to announce …
John Thornhill / Financial Times:
Financial Times:
Arjun Kharpal / CNBC:
Nokia plans to cut up to 14,000 jobs, or ~16% of its 86,000 workforce, and reports Q3 2023 net sales down 20% YoY to €4.98B and profit down 69% YoY to €133M  —  - Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.
Wayne Ma / The Information:
Sources: Apple fired at least five employees who worked in the company's App Store in China following an internal investigation into business misconduct  —  Apple fired at least five employees who worked in the company's App Store in China following an internal probe into business misconduct …
Gavin Bonshor / AnandTech:
AMD announces new Ryzen Threadripper 7000 CPUs for desktops and workstations, offering up to 96 cores on the 7000 Pro series, shipping November 21 for $550+  —  Having just recently crossed the one-year anniversary of AMD's first Zen 4 architecture CPUs - the Ryzen 7000 series …
Sarah Whitten / CNBC:
Netflix reports Q3 revenue up 7.8% YoY to $8.54B, vs. $8.54B est., and global paid memberships up 10.8% YoY to 247.15M, vs. 243.88M est.; NFLX jumps 18%+  —  - Netflix reported a boost in subscriber growth driven by a password-sharing crackdown efforts and interest in its new ad-supported tier.
Jessica Toonkel / Wall Street Journal:
Steve Lohr / New York Times:
US v. Google: Pandu Nayak, Google's VP of Search and first witness, testifies that smart employees explain its success and lead to innovations, such as on LLMs  —  While the Justice Department says Google has squeezed partners and made expensive deals to maintain its search dominance, the company has a more genteel story to tell.
Kris Holt / Engadget:
Amazon plans to expand its Prime Air drone delivery system to the UK, Italy, and a third US city in late 2024 and integrate Prime Air into its delivery network  —  The company will also bring the Prime Air program to a third US city by the end of 2024.  —  Amazon has some big plans …
Pew Research Center:
A May 2023 survey of 5,101 US adults: 78% of Democrats and 68% of Republicans support more government regulation over what companies can do with people's data  —  The role of technology companies, AI and regulation - plus personal experiences with data breaches, passwords, cybersecurity and privacy policies
Shaurya Malwa / CoinDesk:
US v. SBF: accounting professor Peter Easton testifies that FTX used “over a billion dollars” of customer funds to buy back Binance's FTX stake, bought in 2019  —  Binance CEO Changpeng Zhao said in a 2022 post the company had received over $2.1 billion in binance usd (BUSD) stablecoins and FTX's FTT tokens.
Financial Times:
Allison Johnson / The Verge:
OnePlus Open review: thin and light for a foldable and good multitasking support, but no water resistance or wireless charging, and very costly at $1,700  —  The OnePlus Open finds a happy medium between the Pixel Fold and Galaxy Z Fold 5 size-wise, but it's too close in price to the incumbent foldables.
Abner Li / 9to5Google:
Google updates Play Protect with real-time scanning at the code level, prompting users to scan unknown Android apps before sideloading, starting in India  —  To avoid detection, Google has found that malicious parties are looking beyond the Play Store to infect Android devices with malware.

Sponsor Posts

Airtable:
Meet Airtable ProductCentral  —  The unified solution for managing your entire product development process in the AI era.
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:
ProTips: Enhance customer engagement through preferred communication channels  —  For businesses, reaching customers through their preferred communication channels is crucial for building lasting relationships.
Notion:
Get up to 6 months free of Notion with unlimited AI  —  Notion is trusted and loved by thousands of startups as their connected workspace—from building product roadmaps to tracking fundraising.  Build and scale your company with one tool!
Techmeme Ride Home:
Tue. 10/22 - The Next Gen Snapdragon
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 12:00 PM ET, October 19, 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

Elahe Izadi / Washington Post:
Susan D'Agostino / Bulletin of the Atomic Scientists:

Earlier Picks

Murray Stassen / Music Business Worldwide:
Kevin Roose / New York Times: