Techmeme
November 8, 2023, 5:15 AM

Top News

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
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 …
Bloomberg:
Sources: USDC stablecoin issuer Circle is considering an IPO early in 2024; Circle was valued at $9B when the company 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
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 …
Kyle Wiggers / TechCrunch:
Naomi Nix / Washington Post:
Kate Clark / The Information:
Document: Coatue cut the value of its $120M stake in OpenSea to $13M as of Q2 2023, implying a valuation of $1.4B or less, down from $13.3B in January 2022  —  One of OpenSea's biggest investors has marked down by 90% its stake in the struggling non-fungible-token marketplace …
Cho Mu-Hyun / ZDNet:
Samsung unveils a generative AI model called Gauss, which is being used for employee productivity internally and will be expanded to product applications  —  Samsung has for the first time publicly unveiled its own generative AI model dubbed Samsung Gauss on Wednesday.
Matt Growcoot / PetaPixel:
Adobe's site for stock images lists AI-generated images of the Israel-Palestine conflict, and some small outlets have used them without labeling them as AI  —  As fears rise over fake imagery generated by artificial intelligence flooding the internet, one of the world's leading stock photo websites …
Matt G. Southern / Search Engine Journal:
Google adds generative AI features to its Performance Max ad platform, rolling out first as a beta to all US advertisers by the end of the year  —  Google launches generative AI in Performance Max to help marketers easily create customized text and image ads at scale.
ABC:
Australian telecom Optus says some key services are “gradually being restored” after an hours-long mobile network outage affects over 10M customers  —  Loading...  Optus says some services are “gradually being restored” but it may take a few more hours until the whole network is back online.
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.
Harri Weber / TechCrunch:
Ann Arbor-based autonomous vehicle startup May Mobility, backed by Toyota and BMW, raised a $105M Series D led by NTT Group, taking its total funding to $300M+  —  May Mobility has raised hundreds of millions from some of the biggest names in the auto industry, but if you haven't heard …
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
Platformer:
Sources: employees at X are increasingly being asked to spend time working on xAI initiatives, as xAI is using GPUs that once belonged to Twitter  —  Today, some notes on how the tech industry's tectonic shift toward artificial intelligence is playing out inside X — and raising questions …

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
How remote support can make your Christmas stress-free  —  As Christmas approaches, the air fills with the anticipation of joy, family gatherings, and gift-giving.  While the season brings immense happiness …
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
(BNS) Calvin And Hobbes - With Daniel Kibblesmith
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:15 AM ET, November 8, 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.

More News

Sam Byford / Multicore:

Earlier Picks

Ron Amadeo / Ars Technica:
Andrew Webster / The Verge:
Stefania Palma / Financial Times:
Aamir Siddiqui / Android Authority:
Rohan Goswami / CNBC: