Techmeme
November 7, 2023, 1:25 PM

Top News

Dean Takahashi / VentureBeat:
A recap of the first day of the Epic v. Google antitrust trial, where both sides made their opening statements and Epic Games Store head Steve Allison testified  —  The first day of the Epic Games vs. Google antitrust trial ended after both sides gave opening statements and two witnesses testified.
Naomi Nix / Washington Post:
Ahead of former Meta consultant Arturo Béjar's Senate testimony, documents and sources detail staff debates over fostering growth while protecting young users  —  A former engineering and product leader at Meta is expected to testify in Congress about how Meta ignored warnings about youth safety
Kyle Wiggers / TechCrunch:
The Tech Coalition, which includes Discord, Google, Meta, Roblox, Snap, and Amazon, unveil Lantern to share “signals” about child sexual exploitation and abuse  —  The Tech Coalition, the group of tech companies developing approaches and policies to combat online child sexual exploitation …
Brian Fung / CNN:
Sam Biddle / The Intercept:
Docs: Cruise knew its cars struggled to detect large holes and had trouble recognizing children in certain scenarios, prior to its California permitting crisis  —  In Phoenix, Austin, Houston, Dallas, Miami, and San Francisco, hundreds of so-called autonomous vehicles, or AVs …
Ben Thompson / Stratechery:
An analysis of OpenAI's DevDay keynote: impressive live demos, the shift from plugins to custom GPTs, Microsoft's role in making GPT-4 Turbo cheaper, and more  —  In 2013, when I started Stratechery, there was no bigger event than the launch of the new iPhone; its only rival was Google I/O …
Casey Newton / Platformer:
Kyle Wiggers / TechCrunch:
Katie Paul / Reuters:
Meta plans to bar political and other regulated advertisers from using its new generative AI ad products, after US lawmakers warn about spreading misinformation  —  Facebook owner Meta (META.O) is barring political advertisers from using its new generative AI advertising products …
Jay Peters / The Verge:
An interview with Blizzard President Mike Ybarra about the studio's future under Microsoft, wrestling over releasing a game without live components, and more  —  Mike Ybarra is confident about the studio's future. … The dust is finally starting to settle from Microsoft's huge acquisition …
Min Jeong Lee / Bloomberg:
WeWork's bankruptcy caps a years-long saga for Masayoshi Son, who overrode lieutenants' objections to hand Adam Neumann billions, losing SoftBank over $11.5B  —  - Co-working space's bankruptcy highlights billionaire's hubris  — Few checks on SoftBank CEO as he prepares to go on offensive
Rohan Goswami / CNBC:
Arjun Kharpal / CNBC:
Nintendo reports Q2 revenue down 4% YoY to ~$2.2B and profit down 19% YoY to ~$603M, both above est.; Switch sales from April to September grew 2% YoY to 6.84M  —  - Nintendo reported better-than-expected sales and profit for its fiscal second quarter on Tuesday as it continues to get a bump from the …
Reuters:
Sources: Baidu ordered AI chips from Huawei in 2023 to shift away from Nvidia; a source says Baidu ordered 1,600 Ascend 910B chips, worth ~$62M, for 200 servers  —  Baidu (9888.HK) ordered artificial intelligence chips from Huawei (HWT.UL) this year, two people familiar with the matter said …
Paayal Zaveri / Bloomberg:
Austin-based Black Ore, which builds AI tools for the financial services industry, emerges from stealth with a $60M combined Seed and Series A led by a16z  —  Financial technology startup Black Ore is coming out of stealth with a major investment. … Austin-based Black Ore is the latest AI startup …
More: Insider
Josh Ye / Reuters:
Sources: Pico plans to cut “hundreds” of jobs and undertake its biggest overhaul since ByteDance acquired the VR unit in 2021, as global headset demand weakens  —  ByteDance's virtual reality (VR) arm Pico will cut jobs and undertake its biggest overhaul since it was acquired …

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Earlier Picks

Vittoria Elliott / Wired:
Cade Metz / New York Times:
Jay Peters / The Verge:
Sheila Dang / Reuters:
Dean Takahashi / VentureBeat: