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September 28, 2023, 5:10 PM
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Ash Parrish / The Verge:
Epic Games lays off 16% of its workforce, or ~830 employees, divests from music storefront Bandcamp, and intends to spin off “kid-tech” company SuperAwesome  —  Bloomberg reports that Fortnite developer Epic Games is expected to lay off 16 percent of its workforce.
Songtradr:
Music licensing marketplace Songtradr acquires Bandcamp and plans to keep operating Bandcamp as a marketplace and community with an artist-first revenue share  —  Los Angeles) - Songtradr, a music licensing platform and marketplace company supporting artists, labels and publishers …
Financial Times:
Sources: Sam Altman, Jony Ive, and Masayoshi Son are in advanced talks to build the “iPhone of artificial intelligence”, with a likely $1B+ SoftBank investment  —  ChatGPT creator in early discussions to create the ‘iPhone of artificial intelligence’
Carly Page / TechCrunch:
Google patches a Chrome zero-day that was exploited by a commercial spyware vendor, just two days after Google's Threat Analysis Group informed the Chrome team  —  Google has rushed to patch a zero-day vulnerability in Chrome that was exploited by a commercial spyware vendor.
Emma Roth / The Verge:
Raspberry Pi 5 launches with a 64-bit quad-core ARM Cortex-A76 chip, up to 8GB of RAM, two 4K HDMI ports with HDR, available in October for $60 for a 4GB model  —  Despite doubts that the Raspberry Pi 5 would launch this year, the latest version of the microcomputer has arrived with some notable upgrades at a $60 starting price.
Ivan Mehta / TechCrunch:
Reddit removes the ability to opt out of ad personalization based on Reddit activity but says that users will still have opt-out controls in “select countries”  —  Reddit said Wednesday that the platform is revamping its privacy settings with an aim to make ad personalization and account visibility toggles consistent.
RT Watson / The Block:
Coinbase says the crypto exchange has gained approval from the Bermuda Monetary Authority to offer non-US retail users perpetual futures trading  —  - Coinbase has gained approval to offer non-U.S. retail users perpetual futures trading from the Bermuda Monetary Authority.
Malathi Nayak / Bloomberg:
Apple asks SCOTUS to revisit the 2021 Epic Games ruling regarding alternative IAP payment options, a day after Epic separately asked SCOTUS to take up the case  —  - IPhone maker wants to avoid allowing an end run around store  — Fortnite maker has separately asked high court to take up case
Abner Li / 9to5Google:
Google rolls out ChromeOS 117 with a Material You redesign, adaptive charging, a new camera and microphone privacy indicator, an improved clipboard, and more  —  Google is rolling out ChromeOS 117, and it's a very big update for Chromebooks that adds Material You, as well as other usability enhancements.
Jason Koebler / 404 Media:
Email: Serve Robotics, used by Uber Eats in Los Angeles, shared video filmed by one of its food delivery robots to the LAPD as part of a criminal investigation  —  This article was primarily reported using public records requests.  We are making it available to all readers as a public service.
Umar Shakir / The Verge:
Google plans to stop supporting its $5K, 55" Jamboard meeting room display on September 30, 2024 and phase out its collaborative Jamboard app on October 1, 2024  —  It's never a dull day at the Google graveyard — the company has blogged a Workspace update today announcing the end of its collaborative Jamboard whiteboarding software.
Camomile Shumba / CoinDesk:
Report: the Bank for International Settlements and French, Swiss, and Singaporean central banks successfully tested cross-border trading of wholesale CBDCs  —  The Bank for International Settlements alongside the central banks of France, Singapore and Switzerland tested out using wholesale CBDC to conduct cross border trading.
Victoria Song / The Verge:
Google unveils the Fitbit Charge 6, with a haptic side button, integration with Google services like YouTube Music, and more, available on October 12 for $160  —  Fitbit is back with the Charge 6 — and on paper, this one feels like the most Fitbit-y Fitbit since Google actively began folding the company into its ecosystem.
Bloomberg:
An analysis of 115 warrants in five US states shows that investigators are increasingly using Google's location and search data to try to solve nonviolent cases  —  Investigators increasingly use warrants to obtain location and search data from Google, even for nonviolent cases—and even for people who had nothing to do with the crime.
Erin Woo / The Information:
Sources: X is cutting ~50% of its election integrity team, including its Dublin-based head, less than a month after saying the company would expand the team  —  Elon Musk's X, formerly known as Twitter, is cutting around half of the global team devoted to limiting disinformation and election fraud …
Ingrid Lunden / TechCrunch:
Meta's celebrity AIs are generated AI animations built from filming the 28 people they represent; Meta would not comment on how the celebrities were compensated  —  Actors are in the middle of a major, protracted battle with Hollywood over what role AI will be playing in the future of entertainment …
Mia Sato / The Verge:
Meta announces AI-generated chat stickers for Facebook, Instagram, WhatsApp, and Messenger, and unveils new AI-powered image editing tools for Instagram
Benjamin Mayo / 9to5Mac:
Apple launches an iOS Wallet feature in the UK using the country's Open Banking API, showing users their current account balances, deposits, and payment history  —  Apple is soft launching a new iPhone Wallet app integration today that is powered by the United Kingdom's Open Banking API.
Yogita Khatri / The Block:
NYC-based IYK, which lets brands, musicians, and creators build “digi-physical experiences”, including through NFTs, raised a $16.8M seed led by A16z Crypto  —  - IYK has raised $16.8 million in seed funding led by A16z Crypto.  — The startup helps brands …
Daniel Wiessner / Reuters:
A New York state judge rejects a bid by Uber, DoorDash, and Grubhub to block NYC's law setting a minimum wage of $17.96/hour for app-based delivery workers  —  A New York state judge on Thursday rejected a bid by Uber Technologies Inc (UBER.N), DoorDash Inc and other gig economy firms to block …

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This is a Techmeme archive page. It shows how the site appeared at 5:10 PM ET, September 28, 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

Daniel Thomas / Financial Times:
Trade body data: copyrighted music revenue was $45.5B in 2023, above cinema box office spending of $33.2B in 2023 and $41.9B in 2019; record labels made $28.5B

Mark Kleinman / Sky News:
Sources: CVC Capital Partners and a major European broadcaster, thought to be France's Groupe TF1, are among those considering a takeover of the UK's ITV

Lucas Shaw / Bloomberg:
The music industry is entering a cycle of consolidation, driven by a slowdown at the major labels, the growing market for independents, and the rapacity of PE

More News

CNBC:
GameStop names Ryan Cohen as its CEO, effective immediately, and says Cohen won't be compensated for his work, after firing CEO Matthew Furlong in June 2023

Earlier Picks

Amanda Silberling / TechCrunch:
X CEO Linda Yaccarino claims 90% of the top 100 advertisers “returned to the platform in the past 12 weeks alone” and that X will be profitable by early 2024
Anthony Capaccio / Bloomberg:
SpaceX gets its first US Space Force contract, valued at up to $70M, offering the military custom satellite communications via the company's Starshield service
More: CNBC, VICE, Gizmodo, The Verge, PCMag, and Forbes
Bluesky: @wattle.bsky.social.  LinkedIn: Jesse Klekamp.  Forums: Hacker News, r/army, and r/elonmusk
Devin Coldewey / TechCrunch:
Paris-based Mistral AI makes its first LLM, Mistral 7B, that it claims outperforms open models with up to 13B parameters, free to use without restrictions
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