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August 23, 2023, 5:25 PM
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Tom Warren / The Verge:
Sony unveils the PlayStation Portal, an 8-inch handheld console that can stream games from a PS5 over Wi-Fi in 1080p at 60fps, available later in 2023 for $200  —  Sony is officially launching its portable PlayStation later this year, the PlayStation Portal remote player.
Bo Moore / IGN:
Hands-on with Sony's PlayStation Portal: a slightly weird design, lighter than the Switch, expansive and vibrant 60Hz LCD display, no Bluetooth, and needs a PS5  —  PlayStation Portal-ble  —  Sony has a storied, if a bit neglected, history with handheld gaming.
Katherine Ross / Blockworks:
The US DOJ charges Tornado Cash co-founders Roman Storm, of Washington, and Roman Semenov, a Russian national, with money laundering and sanctions violations  —  The inclusion of the Tornado Cash co-founder on the list marks an escalation of the US government's previous investigations into the crypto mixer
Joe Tidy / BBC:
A UK court finds that 18-year-old Arion Kurtaj and a 17-year-old were part of Lapsus$, which hacked many companies, including Uber, Nvidia, and Rockstar in 2022  —  A court has found an 18-year-old from Oxford was a part of an international cyber-crime gang responsible for a hacking spree against major tech firms.
Andrew E. Freedman / Tom's Hardware:
Qualcomm updates its lineup of processors for gaming handhelds, adding the G1 and G2 chips for cheaper devices and unveiling its flagship Snapdragon G3x Gen 2  —  Three tiers of chips, anchored by the new G3x Gen 2  —  Qualcomm is updating its lineup of processors designed for dedicated gaming handhelds …
Kif Leswing / CNBC:
Nvidia reports Q2 revenue up 101% YoY to $13.51B, vs. $11.22B est., Data Center revenue up 171% YoY to $10.32B, and authorizes a $25B buyback; NVDA jumps 6%+  —  - Nvidia's performance was driven by its data center business, which includes the A100 and H100 AI chips that are needed to build …
Jason Koebler / 404 Media:
The AirPods Max can malfunction or entirely stop working due to users' sweat or condensation inside the earcups, an issue Apple has not publicly acknowledged  —  Apple's $550 flagship headphones have a problem: They can malfunction, or suddenly stop working entirely, because of users' sweat …
Zac Bowden / Windows Central:
Sources: Microsoft is experimenting with bringing new AI capabilities to Windows 11 apps, like generating a canvas from text in Paint and OCR in Snipping Tool  —  Microsoft wants to enhance Windows with AI in more ways than one.  —  What you need to know  — Microsoft is experimenting …
Wall Street Journal:
Analysis: despite scaling back in Russia in 2022, Binance still handles substantial ruble trading volumes, helping clients evade US sanctions via intermediaries  —  Binance is helping Russians move money abroad, potentially adding to its sprawling legal problems in the U.S. The cryptocurrency giant …
Elizabeth Napolitano / CoinDesk:
A US judge sentences former OpenSea executive Nate Chastain to three months for making $50K+ via insider trading of NFTs to be featured on OpenSea's homepage  —  Chastain was found guilty on charges of buying and selling NFTs from collections he knew would later be featured on his former company's home page.
Kyle Wiggers / TechCrunch:
IBM unveils watsonx Code Assistant for IBM Z, which uses a code-generating AI model to translate COBOL into Java, and aims for general availability in Q4 2023  —  COBOL, or Common Business Oriented Language, is one of the oldest programming languages in use, dating back to around 1959.
Lucas Shaw / Bloomberg:
Antenna: Netflix added ~2.6M new US users in July, more than any other paid streaming service but down 26% from June 2023; ~23% signed up for Netflix's ad tier  —  - The streaming service had more sign-ups than any other in July  — Netflix user growth in the US had stopped in recent years
Charlie Osborne / ZDNet:
NCC Group observed a record 502 ransomware attacks in July, up from 198 in July 2022, and tied the Cl0p ransomware-as-a-service gang to 171 attacks in July 2023  —  Ransomware attacks reached record levels in July 2023, driven by the Cl0p ransomware group's exploitation of MOVEit software.
More: SecurityWeek
Laura Noonan / Financial Times:
Bank for International Settlements: crypto has amplified, rather than reduced, financial risks in less developed economies, offering only an “illusory” appeal  —  Currency's appeal as a low-cost solution for countries with high inflation is ‘illusory’, says BIS
Elad Gil / Elad Blog:
LLMs, Transformers, and diffusion models represent an entirely new AI era and discontinuity from the past machine learning capabilities of the CNN/RNN/GAN world  —  Rather then view LLMs, Transformers, and diffusion models as part of a continuum with past “AI”, it is worth thinking …
Ryan Weeks / The Block:
The FBI details North Korea's Lazarus-tied actors, responsible for the Alphapo, CoinsPaid, and Atomic Wallet hacks, and says they may try to sell $40M+ in BTC  —  - The warning, issued today, comes after a series of high profile crypto heists carried out by North Korea-affiliated Lazarus Group in recent years.
Yueqi Yang / Bloomberg:
Binance.US partners with MoonPay to let its users buy USDT using a debit card, a credit card, Apple Pay, or Google Pay; MoonPay plans to perform KYC checks  —  - Payment partnership allows users to convert dollars to Tether  — Exchange has been unable to process users' dollars directly

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This is a Techmeme archive page. It shows how the site appeared at 5:25 PM ET, August 23, 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

New York Times:
Court docs detail a smear campaign against actor Blake Lively via media articles and social media posts after she accused director Justin Baldoni of misconduct

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Jack Dunn / Variety:
Trump appoints Mark Burnett, the British TV executive who created and produced the reality show The Apprentice, as a special envoy to the UK

More News

Sarah Frier / Bloomberg:
LinkedIn is benefiting from recent social media upheavals, as the only place where old-school self-promotion still works; sharing was up 41% YoY in spring 2023
Kevin Jiang / Toronto Star:
Experts warn that Meta, and possibly Google, blocking trusted news outlets in Canada will worsen misinformation as the world nears a “precipice” of AI content

Earlier Picks

Bloomberg:
SIA: Huawei is building secret chip fabrication facilities across China that would let the company skirt US sanctions, and is receiving ~$30B in state funding
Nilay Patel / The Verge:
An analysis of Google's policy dilemma as YouTube and UMG explore AI licensing, Google scrapes the web to train its AI, and lawsuits could upend copyright law
Scharon Harding / Ars Technica:
3D printer maker Bambu Lab blames a cloud connection for an August 15 issue that caused some of its customers' devices to start printing without their consent
Kyle Wiggers / TechCrunch:
OpenAI adds fine-tuning to GPT-3.5 Turbo, charging training and usage fees to customize the model with unique data to improve performance for specific use cases
Kyle Wiggers / TechCrunch:
Meta releases SeamlessM4T, an AI model that can translate and transcribe nearly 100 languages across text and speech, and SeamlessAlign, a translation dataset
Dave James / PC Gamer:
Nvidia announces DLSS 3.5 with AI-powered Ray Reconstruction, designed to recognize patterns within a noisy image and improve clarity, available on all RTX GPUs
Tom Warren / The Verge:
To appease the UK, Microsoft restructures its Activision deal by committing to sell Activision's cloud gaming rights to Ubisoft; the UK CMA will now investigate
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