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October 19, 2023, 5:55 PM
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Leo Schwartz / Fortune:
New York AG Letitia James sues lender Genesis, its parent company DCG, and the Winklevoss' exchange Gemini for allegedly defrauding 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 some 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.”
Jim Salter / Associated Press:
The FBI and the DOJ say thousands of IT workers sent by North Korea to work remotely for US companies using false IDs have sent millions in wages to North Korea  —  Thousands of information technology workers contracting with U.S. companies have for years secretly sent millions of dollars …
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 on November 21 for $1500+  —  Having just recently crossed the one-year anniversary of AMD's first Zen 4 architecture CPUs - the Ryzen 7000 series …
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  —  An International Panel on AI Safety could offer an objective body to help shape protocols and norms
John Thornhill / Financial Times:
Meta's Yann LeCun says regulating R&D for AI “is incredibly counterproductive” and would only serve to reinforce Big Tech's dominance and stifle competition
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
Dan Goodin / Ars Technica:
A researcher details malicious and convincing Google ads 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 start letting Android users switch between two accounts in the coming weeks; a second account will still need a separate phone number and SIM  —  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
Wes Davis / The Verge:
The FCC unanimously approves a petition by Apple, Meta, Google, Microsoft, and others for access to the 6GHz band for Wi-Fi tethering for AR and VR headsets  —  The FCC has unanimously approved plans by several tech companies to use the 6GHz band for wireless devices.
Tom Warren / The Verge:
Discord overhauls its moderation tools with a new warning system and a teen safety assist feature, plans to roll out an in-app store for all users, and more  —  Discord is overhauling the way it moderates its platform with a new warning system and teen safety assist feature.
Devin Coldewey / TechCrunch:
The FCC votes 3-2 to invite the US public to comment on re-establishing net neutrality rules; the broader effort still faces a long legal and political battle  —  The Federal Communications Commission officially began its effort to re-establish net neutrality at its monthly meeting today …
Arjun Kharpal / CNBC:
Nokia plans to cut up to 14,000 jobs, or ~16% of its 86,000 employees, 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.
Bloomberg:
TSMC reports Q3 revenue down 14.6% YoY to ~$17.28B, net income down 24.9% YoY to ~$6.5B, and projects $32B in capital spending for 2023, vs. $30.5B est.  —  - Sales and capex projections both came in ahead of estimates  — World's most advanced chipmaker is struggling with a downturn
Luc Cohen / Reuters:
US v. SBF: FTX's ex-top lawyer says SBF asked him to form “legal justifications” for why FTX was missing $7B in user funds, undermining SBF's good-faith defense  —  Cryptocurrency exchange FTX's former top lawyer testified on Thursday at its founder Sam Bankman-Fried's fraud trial …
Shaurya Malwa / CoinDesk:
US v. SBF: accounting professor Peter Easton testifies that FTX used $1B+ of its customer funds to buy back Binance's FTX stake, which Binance bought in 2019
Wayne Ma / The Information:
Sources: Apple fired at least five employees who worked on the company's App Store in China, following an internal investigation into their 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 …
Carly Page / TechCrunch:
Law enforcement agencies, including from the US, the EU, and Japan, seize the RagnarLocker ransomware group's dark web portal as part of an “ongoing action”  —  An international group of law enforcement agencies have seized the dark web portal used by the notorious RagnarLocker ransomware group, TechCrunch has learned.
CoinDesk:
Filing: the US SEC drops charges alleging Ripple executives Brad Garlinghouse and Chris Larsen aided and abetted the company in violating securities laws  —  The regulator had included them as defendants in its securities violation case revolving around XRP transactions, and the agency now says it's just pursuing Ripple for damages.
Maria Heeter / The Information:
Trucking marketplace Convoy starts shutting down; sources: the startup had ~$320M in 2023 revenue by early October, on pace to fall short of the $630M in 2022  —  Trucking startup Convoy is shutting down, the company told employees and investors on Thursday, in a dramatic collapse of a business …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:55 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

Variety:
AMC Networks acquires full control of BBC America, after BBC Studios sold its remaining 50.1% interest in the channel to AMC Networks for $42M in cash

Sean Burch / The Wrap:
News Corp reports Q1 revenue up 3% YoY to $2.58B, net income up 148% YoY to $144M, Dow Jones revenue up 3% YoY to $552M, and WSJ subscriptions up 7% YoY to 4.3M

Chris Roush / Talking Biz News:
Memo: Business Insider founder Henry Blodget says he is leaving BI's board, will remain an adviser and contribute occasional columns, and plans to write a novel

More News

Allison Johnson / The Verge:
OnePlus Open review: thin and light for a foldable and good multitasking support, but no full water resistance or wireless charging, and $1,700 is too expensive
Steve Lohr / New York Times:
US v. Google: Pandu Nayak, Google's first witness and a VP of Search, testifies that smart employees are behind Google's success and innovations, such as LLMs
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

Earlier Picks

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
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
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
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%+
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