Techmeme
August 20, 2024, 11:40 AM

Top News

Wall Street Journal:
PitchBook: seven banks' ~$13B loans to Elon Musk to buy X have been “hung” for two years, weighing on balance sheets, the worst buyout for banks since 2008-2009  —  Loans of around $13 billion have remained ‘hung’ for nearly two years, bringing in interest payments but weighing on banks' balance sheets
Bloomberg:
Chinese-made, Tencent-backed game Black Myth: Wukong became Steam's second most popular title ever within hours of its launch, gaining 2.1M+ concurrent players  —  - The made-in-China blockbuster surpasses Cyberpunk play record  — Monkey King epic on track to set records for concurrent gamers
Reuters:
Stephen Chamberlain, who faced the same charges as Mike Lynch over Autonomy's sale, died after a road accident, per his lawyer, days before Lynch went missing  —  Stephen Chamberlain, once Mike Lynch's co-defendant in the U.S. fraud trial over the sale of Autonomy to Hewlett-Packard …
Associated Press:
Ex-Autonomy CEO Mike Lynch, who was acquitted on US fraud charges in June 2024, is among six missing after a superyacht sank off Sicily, per Italian authorities  —  A luxury superyacht carrying foreign tourists capsized and sank off the Italian island of Sicily in bad weather early Monday.
Connor Jones / The Register:
Cisco Talos says eight vulnerabilities in Microsoft's macOS apps could be abused by attackers to record video and sound from a device, log user input, and more  —  Windows giant tells Cisco Talos it isn't fixing them  —  Cisco Talos says eight vulnerabilities in Microsoft's macOS apps …
Perry Stein / Washington Post:
The FBI, ODNI, and CISA say they are “confident” that Iran was responsible for recent attempted hacks into the Trump and Biden-Harris presidential campaigns  —  In a joint statement with intelligence agencies, the bureau said the attempted hacks also were directed at the Democratic campaign.
Sankalp Phartiyal / Bloomberg:
Sources: Apple plans to make the most expensive iPhone models in India for the first time, as Foxconn rushes to produce iPhone 16 Pro and 16 Pro Max in India  —  - Plan shows Apple making further progress with India assembly  — Company is shifting output to India to diversify beyond China
Daniel Tencer / Music Business Worldwide:
The AGs of 10 states join the US DOJ's antitrust lawsuit seeking to break up Live Nation and Ticketmaster; 39 states, plus DC, are now part of the lawsuit  —  The attorneys general of 10 states have joined the US Department of Justice (DoJ)'s antitrust lawsuit seeking to break off Live Nation …
Nick Robins-Early / The Guardian:
Donald Trump shared AI-generated images on Truth Social that show Taylor Swift and her fans vowing their support for his campaign; Swift hasn't endorsed Trump  —  Presidential nominee shares AI-generated images, contributing to spread of online election disinformation
Kamil Kowalcze / Bloomberg:
TSMC breaks ground on its €10B chip fab in Dresden, Germany, its first European plant and set to create 11K European jobs; the EU approves Germany's €5B subsidy  —  - Taiwanese firm begins work on its first European chip plant  — German subsidies will cover about half of the fab's costs

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
Knowledge management vs. document management  —  Document management is the process of storing and tracking documented information within the organization, while knowledge management is a more broader approach …
Hamming:
Make AI Voice Agents trustworthy  —  Hamming AI automatically tests AI voice agents and continuously monitors them in production.
Techmeme Ride Home:
Tue. 11/26 - Apple Going Too Thin Again?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:40 AM ET, August 20, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Ryan Smith / AnandTech:

Earlier Picks

Jaspreet Singh / Reuters:
Kyle Wiggers / TechCrunch:
Brian Krebs / Krebs on Security:
Benjamin Mayo / 9to5Mac:
CNBC:
Asa Fitch / Wall Street Journal: