Techmeme
July 3, 2023, 12:40 PM

Top News

Financial Times:
Sources: Apple and Luxshare cut Vision Pro production plans from 1M to less than 400K units in 2024 due to manufacturing problems for the $3,500 headset  —  Initial hopes of 1mn shipments in 2024 launch year dashed by manufacturing problems  —  Apple has been forced to make drastic cuts …
New York Times:
A look at the cottage industry of Russian tech contractors, many owned by oligarch-linked Citadel Group, building digital surveillance tools for use by the FSB  —  Russia is incubating a cottage industry of new digital surveillance tools to suppress domestic opposition to the war in Ukraine.
Ivan Mehta / TechCrunch:
TweetDeck users report major problems, including notifications and entire columns failing to load, after Elon Musk's new read-limits; home timelines still load  —  Over the weekend, Elon Musk limited the number of tweets users can read in a day, which he said was to prevent data scraping.
Manish Singh / TechCrunch:
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Andy Baio / Waxy.org:
Bloomberg:
China imposes restrictions on exporting two metals used to make chips and other electronics, starting August 1, which will likely raise costs for manufacturers  —  China imposed restrictions on exporting two metals that are crucial to parts of the semiconductor, telecommunications …
Wall Street Journal:
How some crypto miners want to repurpose their rigs to train AI models, which isn't easy or cheap but may be more affordable than AWS and cloud alternatives  —  Demand for high-end chips allows cryptocurrency companies to repurpose idle equipment  —  The boom in demand for high-end chips powering …
Daniel Thomas / Financial Times:
Sources: Netflix plans to develop targeted and tailor-made ad formats, including “episodic” campaigns, and discussed the plans with ad executives at Cannes  —  US streaming service introduced ad-supported subscriptions last year  —  Netflix will develop increasingly targeted …
More: ChannelX and MakeUseOf
Benedict Evans:
An analysis of whether AI will destroy, displace, create, and accelerate jobs in the coming years like other waves of automation, or if this time is different  —  Pretty much everyone in tech agrees that generative AI, Large Language Models and ChatGPT are a generational change …
McKenna Oxenden / New York Times:
A profile of Rachel Griffin Accurso, known as Ms. Rachel on social media, whose YouTube channel for educational children's videos has over 4.8M subscribers  —  The YouTube star of “Songs for Littles,” an online video series that pulls millions of views, says she's found her calling in encouraging children to speak.
New York Times:
Sources detail ByteDance's book publishing expansion and concerns over an uneven playing field; BookScan says 100+ large BookTok authors had $760M in 2022 sales  —  As ByteDance launches a publishing company, many in the book world wonder if it will create an uneven playing field by boosting its own authors at the expense of others.
Yoko Kubota / Wall Street Journal:
At a Shanghai event, Chinese chipmakers and suppliers were grim but defiant about US plans to widen export controls; YMTC urged suppliers to show “integrity”  —  Chairman of memory-chip maker YMTC calls on tool makers to ship parts the company ordered before it was blacklisted

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