Techmeme
November 25, 2023, 3:42 AM

Top News

New York Times:
Internal docs: X may lose ~$75M in ad revenue by 2023 end as Amazon, Microsoft, and other major brands halted or consider halting ads; X says it may lose $11M  —  Internal documents show companies like Airbnb, Coca-Cola and Microsoft have halted ads, or may do so, after Elon Musk's endorsement of an antisemitic conspiracy theory.
Reuters:
Sources: Nvidia told Chinese customers it's delaying the launch of H20, the most powerful of three AI chips it designed to comply with US rules, until Q1 2024  —  Nvidia (NVDA.O) has told customers in China it is delaying the launch of a new artificial intelligence chip it designed to comply …
Anton Shilov / Tom's Hardware:
China's Sunway unveils new CPUs with a maximum FP64 throughput of 13.8 TFLOPS, which could let China build high-performance supercomputers despite US sanctions  —  China continues to advance supercomputing technologies despite U.S. sanctions.  —  Earlier this year, the National Supercomputing Center …
Tom Warren / The Verge:
After users complained about seeing a fullscreen pop-up ad in Assassin's Creed Odyssey on both Xbox and PlayStation, Ubisoft blames a “technical error”  —  Ubisoft is blaming an unspecified “technical error” for a fullscreen pop-up ad that appeared in Assassin's Creed Odyssey this week.
Forbes:
An investigation identifies four secret bitcoin mining facilities in Bhutan, built using $220M in chips imported from China between 2021 and 2022  —  Dozens of shipping containers lie hidden behind a hillside south of Thimphu, the Himalayan capital of Bhutan, one of the world's most isolated nations.
Michael Roddan / The Information:
FOIA docs: Prashant Bhardwaj, hired in March as the US OCC's first officer to police fintech firms, lied about his work history; OCC quietly replaced Bhardwaj  —  In March, the Office of the Comptroller of the Currency—the powerful federal banking regulator—tapped Prashant Kumar Bhardwaj …
Bill Toulas / BleepingComputer:
Denver-based healthcare software provider Welltok reports a July 2023 data breach exposed ~8.5M US patients' data, making it the second largest MOVEit breach  —  Healthcare SaaS provider Welltok is warning that a data breach exposed the personal data of nearly 8.5 million patients in the U.S …
Bhavya Dilipkumar / Moneycontrol:
Bengaluru-based Scapia, which offers a co-branded credit card and an app to turn daily expenses into travel rewards, raised a $23M Series A  —  The company will use the funds to add more financial services to the platform, including personal loans and insurance, and also hire more talent in product and tech development areas

Sponsor Posts

Meta:
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Zoho:
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Earlier Picks

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Lee Yeon-Woo / The Korea Times:
Abner Li / 9to5Google:
Bloomberg: