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November 2, 2023, 8:15 AM
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memeorandum
WeSmirchTop News
| The Walt Disney Company: |
Disney plans to acquire NBCU's 33% stake in Hulu, gaining full ownership, and expects to pay ~$8.61B, representing NBCU's share of a $27.5B guaranteed floor — The Walt Disney Company (NYSE: DIS) announced today that it will acquire the 33% stake in Hulu, LLC held by Comcast Corp.'s (NASDAQ …
More: The Hollywood Reporter, PCMag, SamMobile, New York Times, Android Headlines, Variety, The Verge, Broadband TV News, Engadget, Dexerto, The Streamable, GameSpot, IGN, Financial Times, Digital Trends, Thurrott, The Information, Reuters, Deadline, Wall Street Journal, The Hill, and Gizmodo
Bluesky: @diabolique.bsky.social, @epro.social, and @paleofuture.bsky.social
| Khari Johnson / Wired: |
The OMB releases draft rules that require US federal agencies to monitor AI in health care, law enforcement, and housing for potential harms against citizens — Draft rules from the White House would require federal agencies to assess AI systems currently in use in law enforcement …
More: AI.gov, AI.gov, The Markup, FedScoop, FedScoop, Nextgov/FCW, CIO Dive, FedScoop, Politico, and The White House
| Ingrid Lunden / TechCrunch: |
More: U.S. Department of Commerce, GOV.UK, GOV.UK, The Guardian, The White House, BBC, Engadget, Cryptopolitan, Financial Times, SiliconANGLE, Dark Reading, Nextgov/FCW, Reuters, Washington Post, Wall Street Journal, New Scientist, Reuters, The Royal Family on YouTube, Refuge, GOV.UK, Reuters, Reuters, and Financial Times
X: @scitechgovuk, @vp, @vp, @rishisunak, @vp, @racejustice, @michelledonelan, @damini_satija, @verajourova, @potus, @jturner_uk, @yuanfenyang, @benioff, @matthewclifford, @halhod, @iainastewart, @camerondlwalker, @michaelbhaskar, @joelmiller, @yougov, @cabinetofficeuk, @jeremyakahn, @elonmusk, @refugecharity, @rishisunak, @tommackenzietv, @slakster, @darrenpjones, @kashhill, @helenmargetts, @hugogye, @sebkrier, @jdr_tech, @tw_seal, @shakeelhashim, @joshgd, @robertwiblin, @tomhfh, @matthewclifford, @heliaebrahimi, and @darrenpjones
LinkedIn: Thorsten Jelinek, John Ridd, and Alex Kendall
Forums: r/technology, r/neoliberal, r/singularity, and Slashdot
| Joe Duball / IAPP: |
The EDPB instructs the Irish DPC to ban Meta's use of personal data for behavioral ads across the EU member states and EEA countries within two weeks — An unprecedented shakeup in the advertising technology space has arrived in Europe. Changes are coming to adtech's approach to privacy …
More: Reuters, European Data Protection Board, Silicon Republic, The Register, Bloomberg, Independent.ie, LinkedIn, Deadline, JURIST, Telewizja Polska S.A, NewsBytes, Livemint, Mikołaj Barczentewicz, and Mobile Dev Memo
Threads: @eric_seufert. Mastodon: @remixtures@tldr.nettime.org. X: @johnnyryan, @joegtjones, @jason_kint, @gateklons, @robertjbateman, @nickbotton, @epc_angela, @gateklons, @buggeerik, @joegtjones, @gateklons, @gateklons, @nickbotton, @jduballreports, @privacymatters, @privacat, @gateklons, @gateklons, @privacymatters, @eric_seufert, @mbarczentewicz, and @gateklons. LinkedIn: Joe Jones. Forums: r/technology
| Filipe Espósito / 9to5Mac: |
Apple quietly discontinued Apple Music's $4.99/month Voice Plan, introduced in 2021 to let users access the Apple Music catalog exclusively via Siri — Apple this week held a special event to announce new Macs, but what the company didn't tell is that it has just quietly discontinued the …
More: Apple Support, MacRumors, Digital Trends, TechRadar, iMore, BetaNews, Mashable, Cult of Mac, FE Tech Bytes, Ghacks, SlashGear, Pocket-lint, Supercharged, MobileSyrup, Music Ally, TechCrunch, MacDailyNews, Apple Must, TechHive, Macworld, Engadget, The Apple Post, Appleosophy, and The Verge
X: @maxwinebach, @mgsiegler, @mbrkhrdt, and @rsgnl
| Elizabeth Lopatto / The Verge: |
US v. SBF: in closing statements, the US relied heavily on evidence to argue SBF is guilty and said he was “greedy” while SBF's defense only made things worse — Mistakes aren't illegal, but fraud is — and Bankman-Fried's lawyers never made his defense land.
More: CoinDesk, Reuters, DL News, CNBC, Wall Street Journal, Coinpedia Fintech News, The Crypto Basic, Washington Post, Puck, Axios, Slate, The Block, Bitcoin Insider, New York Times, TechCrunch, Insider, Fortune, and PYMNTS.com
X: @innercitypress, @tiffanyfong_, @jacqmelinek, @innercitypress, @travis_kling, @jgarzik, @davidzmorris, @eorden, @degentlemanjohn, @smtuffy, @chafkin, @veryimportant, @futurenomics, @bitfloorsghost, @bennetttomlin, @daskeel, @davidzmorris, @yueqi_yang, @jacqmelinek, @cryptoparadyme, @autismcapital, @0x_tracy, @bendreyfuss, @sullycnbc, @bitmexresearch, @mikeburgersburg, @davidgerard, @tiffanyfong_, @rscharf_, @innercitypress, @damiengwalter, @innercitypress, @innercitypress, @innercitypress, @nikhileshde, and @alice_comfy
| Niket Nishant / Reuters: |
PayPal says the company received an SEC subpoena tied to its US dollar stablecoin, launched in August 2023 — Payments firm PayPal Holdings (PYPL.O) said on Thursday it had received a subpoena from the Securities and Exchange Commission (SEC) tied to its U.S. dollar stablecoin.| CoinDesk: |
The US SEC charges SafeMoon and its executives for selling unregistered crypto securities and misappropriating investors' funds the team promised were “locked” — Crypto company SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M …
More: US Securities …, US Department of Justice, Protos, Bloomberg, Analytics Insight, NewsBTC, Coinspeaker, Bitcoin Insider, Watcher Guru, Reuters, DL News, CryptoPotato, The Block, FXStreet, Decrypt, and Seeking Alpha
Bluesky: @epro.social. X: @calebfranzen, @denverbitcoin, @adamscochran, @ednynews, @unusual_whales, @zachxbt, @functi0nzer0, @prestonjbyrne, @coffeebreak_yt, @givnerariel, @cfarivar, and @zekefaux. LinkedIn: Keanu Estañol
Forums: r/CryptoCurrency, r/CryptoCurrency, r/SafeMoon, r/hoge, r/technology, r/SafeMoon, and r/barstoolsports
| Amanda Chicago Lewis / The Verge: |
A critical look at the SEO industry: users complain that Google isn't as useful anymore, some SEO experts say gaming Google's algorithm is now harder, and more — As the public begins to believe Google isn't as useful anymore, what happens to the cottage industry of search engine optimization experts …
More: Danny Sullivan, I Love SEO, Search Engine Land, and The Verge
Threads: @rustybrick, @miasato.2, @reckless1280, @alexandregiess, @soupsoup, @reckless1280, @reckless1280, @mariyadelano, and @mariyadelano. Mastodon: @ryne@androiddev.social
X: @geekinchief, @lilyraynyc, @aleyda, @kevin_indig, @rustybrick, @aleyda, @dannysullivan, @dr_pete, @seocounseling, @lilyraynyc, @lilyraynyc, @wexler, @teamamittiwari, @lilyraynyc, @raymartinezseo, @rebekah_creates, @debramastaler, @cyrusshepard, @blairmacgregor, @lilyraynyc, @rustybrick, @duaneforrester, and @jane_seidel
LinkedIn: Duane Forrester and Molly Willis
Forums: Hacker News and r/technology
| Leah Nylen / Bloomberg: |
US v. Google: Google's VP of Search Elizabeth Reid disputes the government's contention that Google “rushed” Bard's launch after Microsoft announced Bing Chat — - Chatbot offered wrong answer on James Webb telescope images — Elizabeth Reid testified about AI efforts at antitrust trial
More: The Guardian and Beyond Search
| Ryan Browne / CNBC: |
The UK plans to invest £225M into Isambard-AI, an AI supercomputer 10x faster than the UK's current quickest machine, to be built by the University of Bristol — - The U.K. government said Wednesday that it will invest £225 million, or $273 million, into an AI supercomputer … | Reuters: |
Boeing investigates a cyber incident that impacted its parts and distribution business, days after LockBit announced stealing “a tremendous amount” of data — Boeing (BA.N), one of the world's largest defense and space contractors, said on Wednesday it was investigating …
More: Bloomberg, Security Affairs, Tech Monitor, SecurityWeek, Dark Reading, cybersecurityconnect.com.au, Cybernews.com, and The Register. Forums: r/technology
| Theo Wayt / The Information: |
Flexport acquires the tech stack of shuttered digital freight startup Convoy; a source says Convoy CEO Dan Lewis will join Flexport as part of the deal — Flexport has reached a deal to buy the technology of shuttered trucking startup Convoy, as Flexport doubles down on its U.S. trucking ambitions …
More: Bloomberg, Flexport, Wall Street Journal, FreightWaves, TechCrunch, Supply Chain Dive, Seattle Business Journal, PYMNTS.com, and GeekWire
X: @anngehan, @theo_wayt, and @heetermaria
| Jennifer Pattison Tuohy / The Verge: |
DoorDash tests a prompt warning customers that orders with no tip ahead of time may take longer to get delivered, since drivers choose which orders to accept — DoorDash has added a pop-up in its app this week warning customers that orders with no tip might take longer to get delivered.
More: CBS News, CNN, Newser, Wall Street Journal, USA Today, People, Los Angeles Times, New York Post, KnowTechie, Android Headlines, The Messenger, Insider, and Fast Company
Forums: r/technology, r/EndTipping, r/offbeat, and r/NewsOfTheStupid
| Abner Li / 9to5Google: |
YouTube begins raising Premium's price globally, including in Argentina, Australia, Austria, Germany, Poland, and Turkey, after raising the US price in July — Following the United States in July, YouTube Premium's international price increase is starting.
More: Android Authority, Sam Lover, SamMobile, and Sammy Fans
| Myles McCormick / Financial Times: |
How Arizona State University, a “secret weapon” that has become a hive of R&D for the chip industry, made Phoenix the beating heart of the US chipmaking boom — Arizona State's role in building skilled labour force is part of national trend as investors scramble for talent| Brody Ford / Bloomberg: |
Intuit plans to shut down personal finance app Mint, which had 3.6M MAUs in 2021, on January 1, 2024, and is pushing users to Credit Karma, acquired in 2020 — - Credit Karma hopes to attract more high-score customers — Mint service had 3.6 million monthly active users in 2021
More: MintLife Blog. Threads: @carnage4life. Bluesky: @cachiporra.bsky.social. X: @sarthakgh, @iankar_, @soniabaschez, @kramerholle, @twrobinette, @anothercohen, @whatisdoni, @scottastevenson, @adamnash, and @harrymccracken
| Ilya Banares / Bloomberg: |
Shopify reports Q3 revenue up 25% YoY to $1.71B, beating $1.68B est., a $56.2B GMV, beating $54.42B est., and expects ~25% 2023 revenue growth; SHOP jumps 18%+ — Revenue for the period came in at $1.71 billion, up about 25% year-over-year and beating the $1.68 billion average estimate of analysts surveyed by Bloomberg.| Lizette Chapman / Bloomberg: |
Palantir reports Q3 revenue up 17% YoY to $558M, a $72M net income, the fourth straight profitable quarter, and projects 2023 income above est.; PLTR jumps 12%+ — - Customers have clamored for the company's new AI offerings — Palantir missed expectations on sales to governments
More: Reuters, Barron's Online, and CNBC
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