Techmeme
April 5, 2024, 8:35 AM

Top News

Song Jung-a / Financial Times:
Samsung estimates Q1 operating profit of $4.9B, up 931% YoY, and sales of $52.68B, up 11.4% YoY, as memory chip prices surge, hinting end of the chip downturn  —  World's biggest maker of memory chips beats expectations with strong first-quarter guidance  —  Samsung Electronics expects …
Mark Gurman / Bloomberg:
Filings: Apple laid off 600+ employees in California; some layoffs correspond to addresses where Apple's display and car research teams were reportedly based  —  The Cupertino, California-based company filed eight separate reports to the state to comply with the Worker Adjustment and Retraining Notification, or WARN program.
Samantha Murphy Kelly / CNN:
Disney CEO Bob Iger says Disney+ will start cracking down on password sharing in June in some countries and more broadly in September  —  New York CNN —  —  Disney is curbing password sharing for its Disney+ streaming service as part of a larger effort to boost signups and revenue.
Bloomberg:
YouTube's CEO says that OpenAI training Sora with YouTube videos would violate YouTube's ToS, and Google adheres to YouTube's creator contracts to train Gemini  —  The use of YouTube videos to train OpenAI's text-to-video generator would be a infraction of the platform's terms of service …
Ryan Browne / CNBC:
Coinbase says it was granted a restricted dealer license in Canada, meeting the country's strict crypto demands as it pushes to expand abroad amid SEC crackdown  —  Coinbase has been granted a registration license in Canada, the company told CNBC, allowing it to make deeper inroads abroad …
Oliver Knight / CoinDesk:
Binance says it will stop support for Bitcoin NFTs on May 18 as it “streamlines” its offerings; Binance users won't be eligible for future Bitcoin NFT airdrops  —  Users have been prompted to withdraw Bitcoin NFTs from Binance by May 18.  — Trading volume for NFTs is at multi-year lows.
Emanuel Maiberg / 404 Media:
Google Books is indexing low quality, AI-generated books, which may impact Google Ngram viewer, an important tool used by researchers to track language use  —  Google said it will continue to evaluate its approach “as the world of book publishing evolves.”
Louise Matsakis / Wired:
How a TikTok whistleblower may have driven congressional concerns about the app despite working at TikTok for just six months and making improbable claims  —  Zen Goziker worked at TikTok for only six months.  Many of his allegations about the company and the US government are improbable.
Platformer:
A look at the rocky launch of Shine, the photo-sharing app developed by Marissa Mayer's startup Sunshine whose cofounder Enrique Muñoz Torres resigned this week  —  Behind the rocky launch of a photo-sharing app was a co-founder about to quit and months of employee warnings that its new project wasn't ready

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Earlier Picks

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