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

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Earlier Picks

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Bloomberg: