Techmeme
November 26, 2023, 9:10 PM

Top News

Benedict Evans / Financial Times:
AI development will likely move faster and be more dispersed and less controlled after a failed coup at OpenAI, accelerating what the coup was trying to prevent  —  Failed coups, as seen at OpenAI, often accelerate the thing that they were trying to prevent  —  Over the past week, OpenAI's board went through four CEOs in five days.
Natasha Singer / New York Times:
Unsealed docs in a lawsuit by 30+ state AGs: Meta received 1.1M+ reports of under-13s on Instagram since early 2019 yet it “disabled only a fraction” of those  —  Meta “routinely documented” children under 13 on Instagram and “unlawfully” collected their data, according to a newly unsealed complaint.
Patrick McKenzie / Bits about Money:
A look at Binance and CZ's “Bond villain” compliance strategy and how their settlements will allow the US to deflate Binance while minimizing collateral damage  —  James Bond films have a certain formula to them.  It is more interesting when seen from the perspective of the villain.
Ingrid Lunden / TechCrunch:
Adobe: US online Black Friday sales hit $9.8B, up 7.5% YoY; Salesforce, which uses different metrics, says online sales hit $16.4B in the US and $70.9B globally  —  A rush of deep discounts and the growth of flexible payment options were the drivers behind $9.8 billion in online sales …
Anton Shilov / Tom's Hardware:
Dutch media: Chimera, a China-linked hacker group, infiltrated Dutch semiconductor giant NXP's network between 2017 and 2020 and stole chip designs and more  —  The full extent of the security breach is unknown.  —  Chimera, a Chinese-linked hacker group, has infiltrated the network …
Frank Bajak / Associated Press:
A look at Replicator, a Pentagon initiative expected to accelerate hard decisions on what AI tech is reliable enough to deploy, including on weaponized systems  —  NATIONAL HARBOR, Md. (AP) — Artificial intelligence employed by the U.S. military has piloted pint-sized surveillance drones …
More: CryptopolitanThreads: @nafo_marvinX: @mikepesoli and @fbajak
Lavender Au / Wired:
A look at the growing usage of social media apps like Douyin among the elderly in China since the COVID-19 lockdowns, often to find companionship  —  As smartphone costs fall and society becomes more atomized, China's elderly are using apps like Douyin to find connection and companionship.
Laura Kayali / Politico:
Russia's interior ministry adds Meta's spokesperson Andy Stone to its wanted list, according to state-owned news agency TASS  —  The reason Andy Stone was added to the list was not indicated, according to the Russian news agency.  —  Russia's interior ministry has added the spokesperson …
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.
Bloomberg:
Source: ByteDance plans to wind down its main gaming brand, Nuverse, in a major withdrawal from the sector, after failing to make headway against rivals  —  The Chinese company intends to announce the move on Monday, the person said, asking to remain anonymous discussing a private deal.
More: Reuters
Mat Di Salvo / Decrypt:
A Bitcoin user seems to have accidentally paid a record $3M fee for a $5M transaction and sent $2M; in September, Paxos paid $500K, now returned, to send $2,000  —  Someone accidentally paid over $3 million in fees to send $2 million in BTC.  —  A luckless Bitcoin sender seemingly made a costly mistake …

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More News

Mark Gimein / The Atlantic:
Kevin O'Reilly / iFixit News:

Earlier Picks

Bhavya Dilipkumar / Moneycontrol:
Forbes:
Anton Shilov / Tom's Hardware:
Michael Roddan / The Information: