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October 25, 2023, 2:20 PM
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Top News

Joe Rossignol / MacRumors:
Apple increases the monthly price of Apple TV+ from $6.99 to $9.99, News+ from $9.99 to $12.99, Arcade from $4.99 to $6.99, and Apple One from $16.95 to $19.95  —  Apple today announced that it is increasing the prices of some of its subscription-based services, including Apple TV+ …
Chris Welch / The Verge:
Amazon launches a generative AI tool for advertisers to create “lifestyle imagery” backgrounds or scenes for their products in beta  —  Amazon is beta testing AI image generation tools for its advertisers, offering an easy way to create backgrounds or scenes around whatever product ad buyers are hoping to sell.
Bloomberg:
Sam Bankman Fried's lawyers say SBF plans to testify in his own trial when they start their case later this week, after damaging testimony from his inner circle  —  - Former crypto mogul fighting portrayal as criminal mastermind  — Decides to go for risky move often avoided in criminal cases
Steven Church / Bloomberg:
Bankruptcy hearing: FTX is considering proposals from three bidders to restart trading, without disclosing the names, and will make a decision by mid-December
Jordan Middler / Video Games Chronicle:
Sony's optional PS5 Slim disc drive requires an internet connection to pair with the console for the first time, likely due to the DMCA's piracy prevention rule  —  THE ONLINE REQUIREMENT HAS RAISED PRESERVATION CONCERNS  —  The upcoming optional disc drive for the PlayStation 5 will require …
Wall Street Journal:
Sources: one year after lending Elon Musk $13B to acquire Twitter, seven US banks still hold the debt and expect to take a 15%+, or ~$2B, hit when they sell  —  Banks have begun preparations to try to unload at least some of the $13 billion of debt they underwrote, at a steep discount
Bloomberg:
How telecoms and media giant Altice, led by billionaire Patrick Drahi, became weighed down by scandals and debt-fueled acquisitions from a low-interest-rate era  —  He built his telecoms empire in an era of low interest rates.  Now, with soaring debt costs and a corruption case in the corporate suite …
Rania Aniftos / Billboard:
TikTok announces TikTok in The Mix, its first live global music event, set for December 10 in Mesa, Arizona, with Cardi B, Niall Horan, Anitta, and Charlie Puth  —  The event will take place on Dec. 10 at Sloan Park in Mesa, Ariz.  —  TikTok is continuing its foray into the music world …
Dan Milmo / The Guardian:
The Internet Watch Foundation warns that generative AI is being used to create new types of CSAM, and finds nearly 3,000 AI-made abuse images that break UK law  —  Internet Watch Foundation finds 3,000 AI-made abuse images breaking UK law  —  The “worst nightmares” about artificial …
Wayne Ma / The Information:
Sources: Apple employees have discussed using Vision Pro to diagnose and treat mental health issues; eye-tracking and cameras could measure a person's “affect”  —  So far, Apple has pitched its upcoming Vision Pro mixed-reality headset as a tool for working and enjoying various forms of entertainment.
Bloomberg:
China says its Foxconn probe is “normal law enforcement” activity and urges Taiwanese firms to “play a more active role” in promoting peaceful cross-strait ties  —  - Beijing makes its first comment on inquiry into Apple partner  — China denies it is intervening in Taiwan's presidential race
Kif Leswing / CNBC:
At a White House event, Apple says the company sees “real value” in a nationwide right-to-repair law requiring offering iPhone parts and tools to customers  —  - Apple supports nationwide right-to-repair regulation that would make iPhone parts and tools available to customers.
Supantha Mukherjee / Reuters:
AWS plans to launch a sovereign cloud in Europe for governments and customers in regulated industries, storing data on EU servers and launching first in Germany  —  Amazon (AMZN.O) Web Services (AWS) said on Wednesday it will launch a sovereign cloud in Europe for government and customers in highly regulated industries.
South China Morning Post:
Sources: Hong Kong crypto exchange HKVAEX, founded in December 2022, shares resources with Binance, which set up HKVAEX to pursue a crypto license in the city  —  - HKVAEX, founded last December, shares technical and other resources with Binance, which has routinely participated in public events with the exchange this year
Natasha Lomas / TechCrunch:
Experts: an EU proposal requiring messaging services to scan for CSAM is the wrong response to a multifaceted problem and a direct threat to democratic values  —  A controversial child sexual abuse material (CSAM)-scanning proposal that's under discussion by lawmakers in Europe …
Chris Welch / The Verge:
Qualcomm unveils the S7 and S7 Pro chips with increased compute, memory, AI capabilities, and more, for earbuds, headphones, and speakers coming in early 2024  —  Any flagship pair of headphones or earbuds you buy nowadays is going to be very, very good.  Noise cancellation has grown …
Dr. Ian Cutress / More Than Moore:
RISC-V chip designer SiFive, which has raised $365M, lays off ~20% of its employees, or 120 to 130 people, “across all different business groups and levels”  —  A quick one for you.  I have received reports, now from multiple sources, that the major torch bearer of the RISC-V platform …
Andrew Throuvalas / Decrypt:
BlockFi says the lending platform has emerged from bankruptcy and can begin the process of repaying its creditors according to the terms of its bankruptcy plan  —  Fallen crypto lending firm BlockFi announced on Tuesday that it has “emerged” from bankruptcy, making its bankruptcy recovery plan effective as of October 24.
Matt Day / Bloomberg:
A survey of 1,484 US Amazon workers at 451 facilities finds injury and pain “are far more widespread” than previously known; 69% took unpaid time off to recover  —  - ‘Something fundamental about the system needs to change’  — Company says safety investments have reduced injury rate
Deeba Ahmed / Hackread:
Salt Security researchers detail how now-patched critical API flaws in the social sign-in and OAuth implementations affected Vidio, Grammarly, and Bukalapak  —  The critical API security flaws in the social sign-in and OAuth (Open Authentication) implementations affected high-profile companies like Vidio, Grammarly, and Bukalapak.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:20 PM ET, October 25, 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:
The Atlantic plans to hire ~12 journalists, including from WaPo, to bolster its political coverage under Trump; source: it added ~100K subscribers since March

Dareh Gregorian / NBC News:
A federal appeals court upholds a $5M judgment against Trump after a jury found Trump liable in 2023 for sexually abusing and defaming writer E. Jean Carroll

The Guardian:
Tortoise Media reports a pre-tax loss of £3.8M for 2023, down from previous year's loss of £4.6M, after reducing spending and cutting some staff

More News

Rest of World:
Blued, China's largest gay dating app, plans to expand to Southeast Asia and the US in a bid to take on Grindr, while facing censorship and competition in China
Joseph Cox / 404 Media:
FOIA docs: ICE used a tool called GOST to decide whether US visa applicants' social media posts are “derogatory” to the US, as part of immigration enforcement

Earlier Picks

Derrek Lee / Android Central:
Qualcomm unveils Snapdragon Seamless, a technology integrated into its latest chips to better enable cross-device communication between different OEMs and OSes
Joe Rossignol / MacRumors:
Apple Pay Later launches for all eligible users in the US, following its invite-only early access prerelease version for “randomly selected users” in March 2023
Jonathan Vanian / CNBC:
Snap reports Q3 revenue up 5% YoY to $1.19B, vs. $1.11B est., net loss up 2% YoY to $368M, DAUs up 12% YoY to 406M, vs. 405.7M est., and won't give Q4 guidance
Alphabet:
Alphabet reports Q3 revenue up 11% YoY to $77B, net income up 42% YoY to $19.7B, and Google ad revenue up 9% YoY to $59.65B; GOOG drops 8%+ on cloud sales miss
Microsoft:
Microsoft reports Q1 revenue up 13% YoY to $56.5B, net income up 27% YoY to $22.3B, Office Commercial revenue up 15% YoY, and LinkedIn revenue up 8% YoY
Lauren Feiner / CNBC:
A bipartisan group of 42 attorneys general sue Meta in the US, alleging that Facebook and Instagram features are addictive and aimed at kids and teens
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