Techmeme
October 18, 2023, 12:30 PM

Top News

Kylie Robison / Fortune:
More: X, The Verge, 9to5Mac, BetaNews, PCMag, New York Post, BleepingComputer, Thurrott, NPR, Engadget, The Messenger, PetaPixel, Global News, X, Android Headlines, BBC, TechCrunch, Android Central, KNSD-TV, IGN, iMore, TweakTown, Newser, The Information, Reuters, Search Engine Journal, NBC Bay Area, Tech Xplore, TechSpot, TechRadar, PhoneArena, Ghacks, Mashable, T3, Rolling Stone, Neowin, The Register, Insider, The Guardian, KRQE-TV, Wccftech, Wall Street Journal, SiliconANGLE, The Hollywood Reporter, WRAL TechWire, CNN, Digital Trends, Variety, The Sun, MacRumors, and Axios
Matt Mullenweg:
Reuters:
The US' new 400-page chip export rules show officials are open to chip sector input on ways to keep sending AI chips to China for small and medium-sized uses  —  While stripping China's access to key U.S. artificial intelligence chips, the Biden administration's sweeping new rules also quietly threw Nvidia …
Zeba Siddiqui / Reuters:
In a rare joint statement, Five Eyes chiefs from the US, the UK, Canada, Australia, and New Zealand warn on China's IP “theft” and using AI to hack and spy  —  The Five Eyes countries' intelligence chiefs came together on Tuesday to accuse China of intellectual property theft …
Sebastian Herrera / Wall Street Journal:
Amazon details Sequoia, its new AI and robotics tools for its warehouses to help reduce delivery times by up to 25% and identify inventory up to 75% faster  —  Company to use new AI systems at its fulfillment facilities that will work alongside employees  —  Amazon .com is introducing …
Arjun Kharpal / CNBC:
ASML reports Q3 revenue up 15.5% YoY to €6.67B, vs. €6.71B est., net profit up 11% YoY to €1.89B, vs. €1.8B est., and forecasts flat 2024 revenue growth  —  - ASML reported a profit decline in the third quarter, but beat estimates as it forecast 2024 revenue will be flat.
Katie Notopoulos / MIT Technology Review:
Elizabeth Lopatto / The Verge:
In cross-examining Nishad Singh, SBF's defense finally picked holes in a US witness, pointing out that Singh used a $3.7M FTX loan of user funds to buy a house  —  Nishad Singh looks less reliable.  Is it enough? … Of Sam Bankman-Fried's alleged co-conspirators, Nishad Singh gave the most emotionally compelling testimony.
Tom Warren / The Verge:
Wall Street Journal:
At a conference, Sam Altman and other tech leaders say AI may lead to seismic workforce changes, eliminating many professions, a hard sell to those affected  —  At WSJ Tech Live, Sam Altman said coming workforce changes will play out unevenly  —  LAGUNA BEACH, Calif. …
Jon Porter / The Verge:
YouTube adds a news page on its mobile apps to suggest content from “authoritative sources”, and plans to spend $1.6M to promote the creation of news on Shorts  —  YouTube is embracing news from “authoritative sources” at a time when Meta is reluctant to promote hard news or politics …
Rebecca Bellan / TechCrunch:
Foxconn and Nvidia announce plans to build “AI factories”, a new class of data centers to accelerate the development of autonomous EVs and industrial robots  —  Nvidia and Foxconn are working together to build so-called “AI factories,” a new class of data centers that promise …
Karissa Bell / Engadget:
X now requires a linked source for proposed community notes, as researchers say misinformation on X has reached new heights during the Israel-Hamas war  —  Researchers have said that misinformation has reached new heights amid the Israel-Hamas war.  —  X is making a significant change …
Politico:
Ashley Stewart / Insider:
Internal document: Amazon has committed more than $1B over five years to secure 1M+ Microsoft 365 license seats  —  - Internal document shows Microsoft ramping up internally for a huge 365 cloud deal with Amazon.  — Amazon has purchased more than 1 million seats for Microsoft's 365 suite, the document states.
Carly Page / TechCrunch:
Google says government-backed hackers linked to Russia and China are exploiting a since-patched zero-day in WinRAR, first discovered in August 2023  —  Google security researchers say they have found evidence that government-backed hackers linked to Russia and China are exploiting …
CNBC:
Bloomberg:
Chinese Commerce Minister Wang Wentao meets with Tim Cook and says China welcomes Apple to benefit from “win-win development” and share the “dividends”  —  - New iPhone off to a weak start in China, initial data show  — China banned use of iPhone in some government, state firms
Joshua Franklin / Financial Times:
Plaid hires former Expedia Chief Financial Officer Eric Hart as its first CFO, a milestone in its IPO plans after a failed $5.3B sale to Visa in 2021  —  Start-up appoints former Expedia CFO two years after failed sale to Visa  —  US financial technology start-up Plaid has hired …
Rob Pegoraro / PCMag:
The IRS plans to offer a free, “mobile-friendly, interview-based” direct e-filing option for 13 US states in 2024, for taxpayers with simpler tax situations  —  The move deals a blow to decades of effort by Intuit and other tax-prep software vendors to stop government e-filing efforts.

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