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November 7, 2023, 6:15 PM
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Top News

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 …
Mark Gurman / Bloomberg:
Sources: Apple last week paused developing iOS 18, macOS 15, iPadOS 18, and watchOS 11 to fix bugs and improve performance, and plans to resume work this week  —  - Rare move designed to focus on improving quality, performance  — Despite pause, software releases will likely stay on schedule
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:
Former Meta consultant Arturo Béjar's Senate testimony: Meta executives ignored warnings of harms to teens and carefully crafted metrics to downplay the issue  —  Meta's top executives, including CEO Mark Zuckerberg, ignored warnings for years about harms to teens on its platforms such as Instagram …
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
Dean Takahashi / VentureBeat:
A recap of day one of the Epic v. Google antitrust trial; opening statements, Epic Games Store GM Steve Allison revealing the store isn't profitable, and more  —  The first day of the Epic Games vs. Google antitrust trial ended after both sides gave opening statements and two witnesses testified.
Kia Kokalitcheva / Axios:
IBM debuts a $500M enterprise AI venture fund to invest in startups across all stages, with no set target of annual investments or capital deployment timeline  —  IBM is dedicating $500 million to invest in generative AI startups focused on business customers.
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 …
Ron Amadeo / Ars Technica:
Google pushes a Pixel update with security fixes and to address an Android 14 storage bug that locked some owners who use multiple profiles out of their devices  —  Google's “solution” can't do anything for bootlooping devices.  —  It's the start of November, and that means a new Android security patch.
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 …
Stefania Palma / Financial Times:
The CFPB proposes new powers to oversee companies that offer digital wallets and payment apps facilitating 5M+ transactions per year, or currently ~17 companies  —  Proposal would subject tech companies such as Apple and Google to new rules  —  The top US consumer finance regulator is seeking …
Andrew Webster / The Verge:
Crunchyroll debuts Game Vault, offering five mobile games for free to subscribers of its two higher-cost tiers, and promises a “new wave of titles coming soon”  —  Crunchyroll is making a bigger push into games. … The new feature is called the Crunchyroll Game Vault and is available starting today.
Ben Schoon / 9to5Google:
Samsung launches a $99 S Pen Creator Edition in the US, offering a larger, Apple Pencil-like design while lacking many S Pen smart features, like Air Commands  —  The S Pen has been a key selling point of many of Samsung's products over the years, and the company is now debuting a …
ABC:
Australian mobile network Optus is suffering an outage impacting millions of customers, including major hospitals and Melbourne's Metro Trains  —  Loading...  Optus mobile services are down across the country, affecting millions of Australian customers and businesses.  —  Key points:
Bloomberg:
Sources: USDC stablecoin issuer Circle is considering an IPO early in 2024; Circle was valued at $9B when it tried to go public via SPAC in 2022  —  - Backers include Goldman Sachs, General Catalyst and BlackRock  — Circle had tried to go public via blank-check deal in 2022
Paige Smith / Bloomberg:
Robinhood reports Q3 revenue up 29% YoY to $467M, vs. $478.9M est., trading revenue down 11% YoY to $185M, including crypto trading down 55% YoY; HOOD drops 8%+  —  - Third-quarter crypto notional volumes fell 55% on the year  — Online brokerage plans to launch EU crypto trading in weeks

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From Mediagazer

New York Times:
For marketers, ensuring brand safety on YouTube and other platforms has become difficult during the US election, as their ads appear next to inflammatory videos

Dean Takahashi / VentureBeat:
Amazon's Twitch is launching The Glitch, a “brand-customizable” game world in Fortnite, on September 20, with two brand partners having their own in-game worlds

Charlotte Tobitt / Press Gazette:
The Economist introduces AI translations into French, German, Mandarin, and Spanish for Espresso, its budget-friendly, “snack-sized” journalism app

More News

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

Earlier Picks

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
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
Vittoria Elliott / Wired:
After Big Tech cut thousands of trust and safety staff, Sero AI and other outsourcing startups sell the services, which experts warn bring problems of their own
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
Dean Takahashi / VentureBeat:
Microsoft's Xbox and Inworld AI enter a multiyear partnership to create multi-platform AI-powered game development tools for narrative and character creation
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