Techmeme
December 1, 2023, 2:55 PM

Top News

Financial Times:
X accelerates its plan to attract ad spending by SMBs, including outsourcing some ad sales to third parties, such as US-based marketing startup JumpCrew  —  Social media site accelerates plan to attract small businesses as billionaire owner battles big brands
New York Times:
Bloomberg:
Phil Spencer says Microsoft is talking to partners to help launch a mobile gaming store to take on Apple's and Google's app stores, but offers no launch date  —  Challenge to Apple, Google app stores could come soon.  —  Microsoft Corp. is talking to partners to help launch a mobile gaming store …
Bloomberg:
Sources: Tiger Global cut its portfolio companies' valuations in September 2023, like Superhuman by 45%, DuckDuckGo by 72%, Yuga Labs by 69%, and OpenSea by 94%  —  The nearly $13 billion Private Investment Partners 15 fund marked down AI-powered email company Superhuman by 45% and cut …
Martin Coulter / Reuters:
Google asks the UK CMA to take action against Microsoft, claiming the company's licensing practices unfairly discouraged customers from using rivals' services  —  Google (GOOGL.O) has called on Britain's antitrust regulator to take action against Microsoft (MSFT.O), claiming its business practices …
Katie Tarasov / CNBC:
A profile of Apple's chip division, including interviews with its head Johny Srouji and Apple's hardware engineering chief John Ternus  —  WATCH NOW  —  Why Apple doubled down on the expensive custom chip business, edging out Intel and starting a trend  —  Apple's soaring stock price …
Marko Zivkovic / MacRumors:
Internal docs: Apple plans to include the Action button on the entire iPhone 16 lineup that would include a force sensor and “tact-switching functionality”  —  The release of the iPhone 15 Pro and Pro Max saw the introduction of an entirely new user-configurable button known as the Action button …
Jessica Toonkel / Wall Street Journal:
Sources: Apple and Paramount have discussed an Apple TV+ and Paramount+ bundle that would cost less than subscribing to both streaming services separately  —  Streamers are increasingly joining with rivals to offer bundles that help attract and keep subscribers
Charles Duhigg / New Yorker:
How Microsoft forged its OpenAI partnership, was blindsided by OpenAI's board firing CEO Sam Altman, and managed to get OpenAI to reinstate Altman  —  The companies had honed a protocol for releasing artificial intelligence ambitiously but safely.  Then OpenAI's board exploded all their carefully laid plans.
More: Bloomberg and Business Insider
Bluesky: @marypcbuk.bsky.socialX: @cduhigg, @shakeelhashim, and @cduhiggLinkedIn: Frank X. ShawForums: Hacker News
Stacy Elliott / Decrypt:
Coinbase reports receiving 13,079 law enforcement requests from October 1, 2022 to September 30, 2023, up 6% YoY and 3x since 2020; almost 50% were from the US  —  Almost half of the 13,079 law enforcement requests Coinbase received in 2023 came from the U.S., according to a new report.
Jay Peters / The Verge:
Valve launches a Steam Link app on Meta Quest 2, Quest 3, and Quest Pro, letting users more easily play VR games from their Steam library over 5GHz Wi-Fi  —  Valve's Steam Link app, which lets you stream games from your Steam library to another device, is out now for the Meta Quest 2, 3 …
Reuters:
A US district judge issues a preliminary injunction blocking Montana's first-of-its-kind state ban on TikTok from taking effect on January 1, 2024  —  A U.S. judge late on Thursday blocked Montana's first-of-its kind state ban on the use of short-video sharing app TikTok from taking effect on Jan. 1.
Richard Nieva / Forbes:
An interview with Yann LeCun and Joelle Pineau following the 10th anniversary of Meta's Fundamental AI Research lab on ChatGPT, AI in the metaverse, and more  —  In an exclusive interview leading up to the 10th anniversary of Meta's AI lab, LeCun reflects on the artificial intelligence boom …
Samyuktha Sriram / Unchained Crypto:
In a letter to two US Senators, Circle denies a report alleging the company helped fund Hamas and Hezbollah and has an “ongoing relationship” with Justin Sun  —  Stablecoin issuer Circle hit back against claims made by non-profit watchdog group Campaign for Accountability (CfA) …
Allison Johnson / The Verge:
Google says RCS in Google Messages now has over 1B MAUs, and adds Photomoji, Voice Moods, Screen Effects, Custom Bubbles, Animated Emoji, and other features  —  First, the number: according to Google, over 1 billion monthly active users are using RCS in Google Messages.
Lawrence Bonk / Engadget:

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