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July 20, 2023, 3:05 PM
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Top News

Zoe Kleinman / BBC:
Apple threatens to remove FaceTime and iMessage from the UK rather than weaken security under a proposed security bill amendment, dubbed a “snooper's charter”  —  Apple says it will remove services such as FaceTime and iMessage from the UK rather than weaken security if new proposals are made law and acted upon.
New York Times:
Sources: Google tests an AI tool to produce news stories, pitching the service to the NYT, WaPo, News Corp, and other outlets as a helpmate for journalists  —  The product, pitched as a helpmate for journalists, has been demonstrated for executives at The New York Times, The Washington Post and News Corp …
Wayne Ma / The Information:
Sources: Apple is struggling to assemble iPhone 15 Pro and Pro Max models due to larger screens and narrower bezels, possibly causing September launch shortages  —  Apple is facing challenges assembling its two upcoming new iPhone models, the iPhone 15 Pro and Pro Max, which could lead …
Hannah Lang / Reuters:
The US Federal Reserve launches FedNow, its long-awaited real-time payments system that will eventually let individuals and businesses transfer money in seconds  —  The U.S. Federal Reserve has launched a long-awaited service which will aim to modernize the country's payment system …
Nikkei Asia:
TSMC reports Q2 revenue down 10% YoY to ~$15.68B and net income down 23.3% YoY to ~$5.9B, the first quarterly decline since 2019, as all non-AI chip sales slump  —  Taiwan chipmaker logs quarterly net profit drop on consumer electronics slump  —  Sluggish demand for smartphones …
Yang Jie / Wall Street Journal:
TSMC says its Arizona factory will miss its target of mass production of 4nm chips by 2024 due to US skilled worker shortages, aiming instead for 2025
New York Times:
Kevin Mitnick, a hacker best known for his crime spree in the 1990s, who became a security consultant, writer, and public speaker after serving time, dies at 59  —  Mr. Mitnick, best known for a crime spree during the 1990s that involved the theft of thousands of data files and credit card numbers, died from pancreatic cancer.
Annie Palmer / CNBC:
Amazon plans to roll out its Amazon One palm scanning payment tech to all 500+ US Whole Foods stores by the end of 2023; 200+ locations already have Amazon One  —  - Amazon is bringing its pay-by-palm system to all of its Whole Foods stores by the end of the year.
Abner Li / 9to5Google:
YouTube increases YouTube Premium's price in the US from $11.99 per month to $13.99 per month and YouTube Music from $9.99 per month to $10.99 per month  —  The price of an individual YouTube Premium subscription is increasing by $2 to $13.99 per month in the US.
New York Times:
Caroline Ellison's private Google docs detail her thoughts before FTX's collapse, including doubts over running Alameda and her breakup with Sam Bankman-Fried  —  Ms. Ellison, a top executive in Sam Bankman-Fried's business empire, recorded her thoughts on private Google documents that offer …
Reuters:
Sources: North Korea-linked hackers breached JumpCloud in late June 2023 and used the access to target crypto clients; JumpCloud says <5 customers were impacted  —  A North Korean government-backed hacking group penetrated an American IT management company and used it as a springboard …
Bloomberg:
Analysis: Microsoft's 1,000%+ stock rally under Satya Nadella, most recently driven by AI, takes his total windfall to above $1B, following Apple's Tim Cook arc  —  - Figure includes equity grants, salary, bonuses and dividends  — Haul puts executive in exclusive club of corporate titans
Benj Edwards / Ars Technica:
A study claims GPT-4's outputs got worse between March and June 2023, but some experts aren't convinced and say OpenAI should be less opaque about its AI models  —  Either way, experts think OpenAI should be less opaque about its AI model architecture.  —  On Tuesday, researchers …
Dolphin Emulator:
The developers behind open-source GameCube and Wii emulator Dolphin drop plans to release it on Steam citing “Nintendo's long-held stance on emulation”  —  Written on 2023-07-20T10:11:32+02:00 / Last update on 2023-07-20T10:18:11.976637+02:00 / Short link / Forum thread  —  Well that blew up, huh?
Manish Singh / TechCrunch:
Netflix expands its password-sharing crackdown to its remaining markets and doesn't plan to offer an “extra member” option due to low pricing and penetration  —  Netflix is bringing password-sharing crackdown to consumers in India and every other market starting today …
Lisa Richwine / Reuters:
Netflix reports Q2 revenue up 2.7% YoY to $8.2B, vs. $8.3B est., net income up 3.3% YoY to $1.5B, 5.9M net new subs, and a Q3 forecast below est.; NFLX down 8%+
Arun Padmanabhan / Moneycontrol:
Llama 2's commercial terms say companies with 700M+ MAUs must obtain a license from Meta, and that users are prohibited from using Llama 2 to improve other LLMs  —  Although Meta has announced that it will open-source its LLM and allow free usage for commercial and research purposes …

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This is a Techmeme archive page. It shows how the site appeared at 3:05 PM ET, July 20, 2023.

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.

From Mediagazer

Benjamin Mullin / New York Times:
Richard Parsons, who had a long career as chairman, CEO, and as a board member of media companies including CBS and Time Warner, died at 76 of bone cancer

Inside Radio:
iHeart reduces its total debt by over $440M and extends most of its debt maturities by three years, by using debt exchange transactions

Reuters:
Palestinian sources say an Israeli airstrike killed five journalists from Al-Quds Today; the Israeli military called the five “operatives posing as journalists”

More News

Yiwen Lu / New York Times:
Cerebras unveils the first of three supercomputers for Abu Dhabi-based G42 as part of its Condor Galaxy network; G42 trained an Arabic GPT model in April 2023

Earlier Picks

Jay Jacobs / Cyentia Institute:
Analysis: tweets about CVEs, which peaked before Elon Musk took over, show a steep decline in recent months, suggesting the infosec Twitter community has shrunk
Gijong Lee / The Elec:
Sources: Samsung begins developing a smart ring, the so-called Galaxy Ring, using circuit boards made by Japan-based Meiko; the launch date remains uncertain
Andrew Tarantola / Engadget:
On Tesla's Q2 earnings call, Elon Musk says the company may license its FSD software and hardware to carmakers and is “already in discussions with a major OEM”
C. Scott Brown / Android Authority:
Google launches Nearby Share for Windows, letting users transfer files between PCs and Android devices close to each other, after debuting a beta in March 2023
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