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September 14, 2023, 5:25 AM
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Dan Primack / Axios:
Arm prices its 95.5M shares at $51 a piece, raising $4.87B in 2023's largest IPO so far and giving the company a fully diluted valuation of ~$54.5B  —  Arm, the British chip design giant controlled by SoftBank, has raised nearly $5 billion in its initial public offering.
Suzanne Rowan Kelleher / Forbes:
MGM Resorts' website is still down over 60 hours after being hit by a cyberattack; ransomware-as-a-service group ALPHV, aka BlackCat, reportedly took credit  —  The ALPHV/BlackCat ransomware group claimed responsibility for a breach that began, of all places, on LinkedIn.
William Turton / Bloomberg:
Sources: Caesars Entertainment paid tens of millions of dollars to hackers who breached the company's systems in recent weeks and threatened to release the data  —  - Hackers stole data, extorted company, people familiar said  — Caesars breach came in weeks before MGM announced cyberattack
Alex Ivanovs / Stack Diary:
Chrome, Firefox, Brave, and Edge get updates to address an actively exploited flaw in the WebP Codec's library libwebp; many non-browser apps are also affected  —  A significant vulnerability in the WebP Codec has been unearthed, prompting major browser vendors, including Google and Mozilla …
Wall Street Journal:
The US Senate's AI Insight Forum: Elon Musk warned of AI risks, Mark Zuckerberg defended open source, all guests agreed the US needs to regulate AI, and more  —  Tech leaders debate perils and possibilities of artificial intelligence at closed-door Senate session
Louise Matsakis / Semafor:
Google cuts hundreds from its global recruiting team, saying “the volume of requests for our recruiters has gone down”, but plans to keep a significant majority  —  Google is laying off hundreds of people across its global recruiting team as hiring at the tech giant continues to slow.
Kat Bailey / IGN:
Unity acknowledges the “confusion and frustration” about its planned install fees but argues that “more than 90% of our customers will not be affected”  —  Platform holder claims “90 percent of users” won't be affected by change.  —  Game developers are still furious …
Jez Corden / Windows Central:
Unity announces fees based on a game's installations and the developer's plan tier, starting on January 1, 2024, joining Unreal Engine, which has similar fees
More: Game Developer, Ars Technica, garry.net, 404 Media, Axios, GamesIndustry.biz, Unity Forum, GamingBolt, GoNintendo, Video Games Chronicle, GameSpot, ExtremeTech, TechSpot, Forbes, and Game Developer
Threads: @quillmatiq, @migueldeicaza, @tomwarrenuk, and @joreljordan
Mastodon: @segphault@mastodon.social, @gamingonlinux@mastodon.social, @wiverson@mas.to, @vampiress@eigenmagic.net, @shibacomputer@post.lurk.org, @Toadsanime@mas.to, @vampiress@eigenmagic.net, and @helvetica@mastodon …
Bluesky: @carlivelocci.com, @holdenlink.bsky.social, @syus.bsky.social, and @slawadeisling.bsky.social
X: @aggrocrabgames, @innerslothdevs, @unity, @stephentotilo, @massivemonster, @desolusdev, @writnelson, @scotttrichmond, @mikeisaac, @tomwarren, @tkexpress11, @henryhoffman, @eric_seufert, @eric_seufert, @tha_rami, @samueldeats, @madewithgodot, @tempolabgames, @dgoodayle, @zaccacts, @jesawyer, @necrosofty, @tafferking451, @mikeisaac, @docsquiddy, @stephentotilo, @theswweet, @adamatomic, @willmesilane, @madscientist212, @tha_rami, @patstaresat, @chrisdeleon, @jacobjanerka, @duskdev, @necrosofty, @succinct_punchy, @mkatorin, @alexstrook, @larsiusprime, @komegatze, @kriswolfheart, @tha_rami, @lazerwalker, @dominictarason, @lazerwalker, @edmondtran, @mortredenjoyer, @kriswolfheart, @kenneynl, @comrade_waluigi, @unity, @mikeisaac, @pimdewitte, @kurtruslfanclub, @chronotope, @henryhoffman, @migueldeicaza, @philippseifried, @alykkat, and @stephentotilo.  LinkedIn: Rami Ismail
Forums: r/gamedev, r/gamedev, r/thelongdark, r/KotakuInAction, r/gachagaming, r/Suikoden, r/XboxSeriesX, r/wildrift, r/LegendsOfRuneterra, r/gamedev, r/gaming, r/Genshin_Impact, r/ThePrimeagenReact, r/technology, r/lewdgames, r/Shadowverse, r/limbuscompany, and r/TwoBestFriendsPlay
Sarah Perez / TechCrunch:
Amazon announces generative AI tools to help sellers write “captivating product descriptions, titles, and listing details” and add to existing descriptions  —  Amazon today introduced a new set of generative AI tools aimed at sellers which the retailer says will simplify the process of creating product listings.
Wall Street Journal:
Docs: Starlink reported $1.4B in 2022 revenue, up from $222M in 2021, falling short of projections in 2015, as some question satellite internet's growth options  —  Revenue at Elon Musk's satellite-internet business has jumped but has fallen short of plans  —  SpaceX's satellite-internet division …
Taylor Lorenz / Rolling Stone:
Extremely Online book excerpt: how Julia Allison invented the concept of a content creator in the mid-2000s, for which journalists and others villainized her  —  In her book ‘Extremely Online,’ journalist Taylor Lorenz details how Julia Allison invented the concept of being a content creator a decade before it caught on
Bloomberg:
The White House is watching China expand its government ban on iPhones “with concern” and says the move appears to be “aggressive and inappropriate retaliation”  —  - National Security Council is watching issue with concern  — Beijing cites problems with the security of Apple devices
Reuters:
The US SEC says the creator of Stoner Cats NFTs, which raised $8.2M, agreed to pay a $1M fine for an unregistered offering and plans to return investors' money  —  The creator of the popular Stoner Cats animated web series will pay a $1 million civil fine to settle U.S. Securities …
Mariana Lenharo / Nature:
Researchers develop RETFound, an AI tool capable of predicting the risk of ocular diseases, heart failure, Parkinson's disease, and more based on retinal images  —  Scientists have developed an artificial intelligence (AI) tool capable of diagnosing and predicting the risk …
Dan Taylor / Tech.eu:
Tallinn-based digital forensics and incident response tools provider Binalyze raised a $19M Series A led by Molten Ventures, taking its total funding to ~$30M  —  Binalyze, a London-based cybersecurity firm, raises $19 million in Series A funding to expand its digital forensics and incident response solutions in the market.

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This is a Techmeme archive page. It shows how the site appeared at 5:25 AM ET, September 14, 2023.

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From Mediagazer

Matthew Keys / The Desk:
DirecTV terminates its Dish acquisition after a group of Dish creditors rejected a modified bond exchange offer

Ashley Carman / Bloomberg:
A growing number of podcasters, including Tim Ferriss, are moving away from interviews to monologues or co-hosts, as some well-known guests can be overexposed

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

More News

Isaac Schorr / Mediaite:
Bio: Elon Musk told Bari Weiss that Twitter needs to be careful when discussing China due to Tesla's business, and that China's Uyghur repression has two sides
Cecilia D'Anastasio / Bloomberg:
Former FaZe Clan staff describe a mismanaged creator organization, as its market cap falls from $725M at its 2022 SPAC merger to below $15M; FaZe fired its CEO
Sean Michael Kerner / VentureBeat:
Stability AI announces its text-to-music tool Stable Audio, which can generate 20 45-second tracks per month for free or 500 90-second tracks for $12/month

Earlier Picks

Frederic Lardinois / TechCrunch:
Adobe makes Firefly generally and commercially available in Creative Cloud and other services, and announces “generative credits” to charge for Firefly access
Tim Starks / Washington Post:
Researchers: the iPhone of Meduza owner Galina Timchenko was infected with Pegasus in Germany, the first known case of the tool being used against a Russian
Emma Roth / The Verge:
WhatsApp rolls out Channels to users in 150+ countries, after introducing the broadcasting feature in June 2023 in Colombia and Singapore, and adds improvements
Tim Hardwick / MacRumors:
Apple does not plan to sell its new AirPods Pro USB-C charging case as a standalone product; users instead need to buy a new $249 pair that come with the case
Reuters:
After France ordered Apple to stop selling the iPhone 12 over its high radiation levels, Apple says multiple bodies certified the device as radiation compliant
Tom Ivan / Video Games Chronicle:
Sony releases a PS5 software update that adds support for Dolby Atmos HDMI devices, assigning a second controller as an “assist controller”, and up to 8TB SSDs
Justine Calma / The Verge:
Apple's environmental announcements, including its first carbon-neutral products, show progress but may be a red herring that distracts from its overall impact
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