Techmeme
November 1, 2023, 4:30 PM

Top News

Ingrid Lunden / TechCrunch:
At the UK's AI Safety Summit, the UK releases the Bletchley Declaration, signed by 29 countries, and the US Commerce Secretary announces an AI Safety Institute  —  The world is locked in a race, and competition, over dominance in AI, but today, a few of them appeared to come together …
Financial Times:
Washington Post:
Bloomberg:
A look at Apple's ambition to revolutionize health care: some breakthroughs marred by philosophical disagreements, a culture of conservatism, and tech realities  —  The company is working on big things, but employees disagree over whether they should be serving people who are healthy or sick.
Mark Gurman / Bloomberg:
Sources: Apple plans new health features for 2024's Apple Watch, like an elevated blood pressure sensor, and a paid health coaching service, possibly using AI  —  - AirPods will get hearing-aid capability and hearing tests  — AI health coach in the works, as are Vision Pro health tools
CoinDesk:
The US SEC charges SafeMoon and its exec team for selling unregistered crypto securities and misappropriating investors' funds the team had said were “locked”  —  Crypto company SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M …
David Pierce / The Verge:
US v. Google offers a rare look at Google's top 20 queries by revenue for a week in September 2018: iPhone, insurance, cheap flights, online colleges, and more  —  Not all Google searches make Google money.  Google often says that it only shows ads on about 20 percent of queries, the ones it calls “commercial queries.”
AI Snake Oil:
What Biden's EO means for AI openness, and why a compute threshold is unlikely to effectively anticipate individual models' riskiness, but may work in aggregate  —  Good news on paper, but the devil is in the details  —  The Biden-Harris administration has issued an executive order on artificial intelligence.
Ben Thompson / Stratechery:
Brian Steinberg / Variety:
Shareholder letter: Netflix says its ad tier has 15M+ MAUs globally, accounting for ~30% of new sign-ups where it's available, and plans new ad formats for 2024  —  Netflix is ready to use “The Crown,” “Squid Game” and other signature series to take ad dollars from rival streamers.
Sam Tobin / Reuters:
Apple loses a bid to block a UK lawsuit over allegedly hiding defective iPhone batteries and “throttling” them via updates; Apple calls the lawsuit “baseless”  —  Apple Inc (AAPL.O) on Wednesday lost a bid to block a mass London lawsuit accusing it of hiding defective batteries …
Sarah Perez / TechCrunch:
CRM platform HubSpot announces it's acquiring the B2B data provider Clearbit, which has 400K+ users and was valued at $250M as of January 2019, per PitchBook  —  HubSpot, the Boston-based marketing software maker and CRM platform, announced today it's acquiring the B2B data provider Clearbit …
Jason Schreier / Bloomberg:
Sources: Sony's Bungie cut ~100 jobs out of ~1,200 after executives said revenue was 45% below projections for the year, citing a drop in Destiny 2's popularity  —  - Sales at studio were running 45% below projections for year  — Layoffs are part of a bigger revamp at Sony PlayStation unit
New York Times:
Check Point details Iran's monthslong hacking espionage campaign targeting the country's rivals, like Israel, underscoring Iran's improved hacking capabilities  —  A monthslong hacking campaign targeted the governments of regional rivals, including Israel, and marked a turn, a new report says …
Rohan Goswami / CNBC:
Airbnb Q3: revenue up 18% YoY to $3.4B vs. $3.37B est., Nights and Experiences Booked up 14% YoY to 113.2M vs. 112.9M est., and a Q4 revenue forecast below est.  —  - Airbnb reported its third-quarter earnings results after the bell, beating consensus estimates on revenue but falling short …
More: Bloomberg and AirBnB
Jessica Bursztynsky / Fast Company:
DoorDash reports Q3 revenue up 27% YoY to $2.16B, vs. $2.09B est., total orders up 24% YoY to 543M, net loss of $75M, down from $296M in Q3 2022, DASH jumps 7%+  —  DoorDash reported its “best quarter ever” since its IPO in a number of key categories on Wednesday, which it says was driven partly …
More: Bloomberg and DoorDash
Joshua Oliver / Financial Times:
A look back at testimony from Caroline Ellison, Gary Wang, and Nishad Singh and SBF's counterclaims, as the jury prepares to deliberate which version to believe  —  Former crypto tycoon will soon learn whether he was able to successfully counter his former colleagues' testimony  —  Four people were in the room.
New York Times:

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