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October 19, 2023, 12:00 PM
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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:
WhatsApp rolls out a view once mode for voice notes to some beta users on iOS and Android, after launching the feature for photos and videos in August 2021
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:
Meta's Yann LeCun says regulating R&D for AI “is incredibly counterproductive” and only serves to reinforce the dominance of Big Tech and stifle competition
Financial Times:
Mustafa Suleyman, Eric Schmidt, and others propose an IPCC-like International Panel on AI Safety, an objective advisory body to help shape protocols and norms
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:
Netflix raises its US prices for its basic plan from $9.99 to $11.99, its premium plan from $19.99 to $22.99, and some of its prices in the UK and France
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:
The US House's China committee asks about Sequoia's investments since 2010 in AI, quantum, and chip companies based, or with “significant operations”, in China  —  Scrutiny of California VC firm comes amid mounting tension between Washington and Beijing
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.

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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.

From Mediagazer

Brian Stelter / CNN:
In a letter to Bob Iger, incoming FCC Chair Brendan Carr raised concerns about ABC's negotiations with its affiliated stations, public trust in media, and more

Todd Spangler / Variety:
Fubo says TelevisaUnivision has pulled its networks from Fubo and that TelevisaUnivision offered terms “that would increase prices by 25%” for Fubo subscribers

Jem Aswad / Variety:
UMG and Amazon Music strike a new deal to collaborate on audiobooks and livestreams, address unlawful AI-generated content, protect against fraud, and more

More News

Elahe Izadi / Washington Post:
How Only in Dade, started as an Instagram meme page a decade ago, inadvertently became a Miami local news source, including by using its 1.3M followers' videos
Susan D'Agostino / Bulletin of the Atomic Scientists:
Q&A with Yoshua Bengio on nuance in headlines about AI, taboos among AI researchers, and why top researchers may disagree about AI's potential risks to humanity

Earlier Picks

Murray Stassen / Music Business Worldwide:
Universal Music Publishing Group, Concord Music Group, and ABKCO sue Anthropic for allegedly violating their copyrights by using song lyrics to train AI models
Kevin Roose / New York Times:
Stanford unveils the Foundation Model Transparency Index, featuring 100 indicators; Llama 2 led at 54%, GPT-4 placed third at 48%, and PaLM 2 took fifth at 40%
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