Techmeme
November 10, 2023, 3:45 AM

Top News

Paresh Dave / Wired:
Humane plans to open Ai Pin pre-orders on November 16, starting at $699 plus $24/month for unlimited calls, texts, and data via T-Mobile, shipping in early 2024  —  If you're willing to clip the Ai Pin to your chest, you can talk, gesture, and tap to take photos or summon a powerful virtual assistant.
New York Times:
A look at Humane's $699 clip-on Ai Pin, the culmination of five years of work, $240M in funding, and 25 patents; Humane expects to sell ~100K in the first year  —  Humane, a company started by two former Apple employees, says its new artificial intelligence pin can stop all the scrolling.
Bill Toulas / BleepingComputer:
Microsoft: MOVEit hackers are exploiting a zero-day flaw in IT support tool SysAid in “limited” attacks to access corporate servers and deploy Clop ransomware  —  Threat actors are exploiting a zero-day vulnerability in the service management software SysAid to gain access …
Sean Hollister / The Verge:
A review of Valve's $549 Steam Deck OLED: a great screen, a longer battery life, and better ergonomics, but refresh rate issues and the platform is not stable  —  A new screen, a pile of improvements, and better pricing make this everything the original should have been.
Adi Robertson / The Verge:
Tumblr is downscaling its ambitions after failing to reach its goals for a new audience and plans to focus on the site's “core functionality” in 2024  —  Tumblr is downscaling its ambitions after failing to reach goals for a new audience, aiming to move some staff members to other divisions of parent company Automattic.
Financial Times:
Sources: a ransomware attack stopped the Industrial and Commercial Bank of China, the country's largest bank, from settling US Treasury and some equity trades  —  Chinese bank says it has contained a hack that affected some fixed income and equities transactions
Janko Roettgers / Lowpass:
Sources: Amazon is working on Vega, a new OS to replace Android on Fire TVs, smart displays, and other devices and could ship Fire TV devices with Vega in 2024  —  Vega, baby! … Amazon has been working on a new operating system to replace Android on Fire TVs, smart displays and other connected devices …
Soma Biswas / Wall Street Journal:
A bankruptcy court lets Celsius Network end its bankruptcy case, return most of its deposits back to users, and form a new company focused on mining and staking  —  A bankruptcy judge allowed the onetime crypto lender to return some of its customers' deposits while forming a new company focused on mining and staking
Daniel Wiessner / Reuters:
Apple agrees to pay $25M to settle the US DOJ claims that the company illegally favored immigrant workers over US citizens and green card holders for some jobs  —  Apple Inc (AAPL.O) will pay $25 million to settle claims by the U.S. Department of Justice that the company illegally favored immigrant workers …
Kyle Wiggers / TechCrunch:
OpenAI announces Data Partnerships to collaborate with organizations to build public and private datasets that “reflect human society” for AI model training  —  It's an open secret that the data sets used to train AI models are deeply flawed.  —  Image corpora tends to be U.S …
Ben Schoon / 9to5Google:
Google stops selling Fitbit products in 29 countries, including those where the company doesn't offer Pixel alternatives, to “align” its hardware portfolio  —  In a move that went a bit under the radar, Fitbit under Google has stopped selling its products in nearly 20 countries around the globe.
Bloomberg:
Amazon and Meta are testing a feature that shows US shoppers real-time prices and lets them buy products on Amazon directly from ads on Instagram and Facebook  —  - Consumers can link Amazon accounts to social-media profiles  — Instagram ads urge users to use Amazon purchase button
Dean Takahashi / VentureBeat:
Helsinki-based Noice, a game livestreaming service that lets viewers participate in the gameplay experience, raised a $21M Series A  —  Noice has raised $21 million to revolutionize social gaming with a combination of livestreaming and multiplayer gaming in one platform.
Debby Wu / Bloomberg:
Takashi Mochizuki / Bloomberg:
Japan plans to allocate extra ~$13B in subsidies to drive investment in its chip industry, on top of previously allocated subsidies which are yet to be spent  —  - Economy Ministry seeks $12 billion in extra budget for chips  — Country chasing tech leadership as geopolitical tensions rise
More: Reuters
Andy Robinson / Video Games Chronicle:
Sony COO and CFO Hiroki Totoki says the company now plans to release six live service games by FY 2025, delaying the remaining six from the original 12 titles  —  Sony Interactive Entertainment (SIE) has halved the number of live service games it plans to release over the next few years, it's confirmed.

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More News

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Earlier Picks

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Melanie Dawes / Financial Times:
Manish Singh / TechCrunch: