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November 7, 2023, 11:45 PM
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Top News

Mark Gurman / Bloomberg:
Sources: Apple last week paused developing iOS 18, macOS 15, iPadOS 18, and watchOS 11 to fix bugs and improve performance, and plans to resume work this week  —  - Rare move designed to focus on improving quality, performance  — Despite pause, software releases will likely stay on schedule
Ben Thompson / Stratechery:
An analysis of OpenAI's DevDay keynote: impressive live demos, the shift from plugins to custom GPTs, Microsoft's role in making GPT-4 Turbo cheaper, and more  —  In 2013, when I started Stratechery, there was no bigger event than the launch of the new iPhone; its only rival was Google I/O …
Brian Fung / CNN:
Former Meta consultant Arturo Béjar's Senate testimony: Meta executives ignored warnings of harms to teens and carefully crafted metrics to downplay the issue  —  Meta's top executives, including CEO Mark Zuckerberg, ignored warnings for years about harms to teens on its platforms such as Instagram …
Kyle Wiggers / TechCrunch:
The Tech Coalition, which includes Discord, Google, Meta, Roblox, Snap, and Amazon, unveil Lantern to share “signals” about child sexual exploitation and abuse
Naomi Nix / Washington Post:
Internal documents and sources detail debates inside Meta about the best way to foster growth while protecting young users
Matt G. Southern / Search Engine Journal:
Google adds generative AI features to its Performance Max ad platform, rolling out first as a beta to all US advertisers by the end of the year  —  Google launches generative AI in Performance Max to help marketers easily create customized text and image ads at scale.
Kia Kokalitcheva / Axios:
IBM debuts a $500M enterprise AI venture fund to invest in startups across all stages, with no set target of annual investments or capital deployment timeline  —  IBM is dedicating $500 million to invest in generative AI startups focused on business customers.
ABC:
Australian mobile network Optus is suffering an outage impacting millions of customers, including major hospitals and Melbourne's Metro Trains  —  Loading...  Optus says some services are “gradually being restored” but it may take a few more hours until the whole network is back online.  —  Key points:
Harri Weber / TechCrunch:
Ann Arbor-based autonomous vehicle startup May Mobility, backed by Toyota and BMW, raised a $105M Series D led by NTT Group, taking its total funding to $300M+  —  May Mobility has raised hundreds of millions from some of the biggest names in the auto industry, but if you haven't heard …
Stefania Palma / Financial Times:
The CFPB proposes new powers to oversee companies that offer digital wallets and payment apps facilitating 5M+ transactions per year, or currently ~17 companies  —  Proposal would subject tech companies such as Apple and Google to new rules  —  The top US consumer finance regulator is seeking …
Aamir Siddiqui / Android Authority:
Google Photos' Magic Editor will now refuse to edit photos of ID cards, human faces and body parts, receipts, and other images of personally identifiable info  —  - Code within the latest version of Google Photos includes specific error messages that highlight the edits that Magic Editor will refuse to do.
More: Mashable, TechRadar, Gizmodo, Pocket-lint, and The Verge
Threads: @laurengoode.  Forums: Slashdot
Andrew Webster / The Verge:
Crunchyroll debuts Game Vault, offering five mobile games for free to subscribers of its two higher-cost tiers, and promises a “new wave of titles coming soon”  —  Crunchyroll is making a bigger push into games. … The new feature is called the Crunchyroll Game Vault and is available starting today.
Platformer:
Sources: employees at X are increasingly being asked to spend time working on xAI initiatives, as xAI is using GPUs that once belonged to Twitter  —  Today, some notes on how the tech industry's tectonic shift toward artificial intelligence is playing out inside X — and raising questions …
Ashlee Vance / Bloomberg:
A look at Neuralink: neuroscientists worry over hype given the level of coverage, but its FDA-approved trial is exciting and its tech is potentially miraculous  —  Neuralink has FDA clearance to start messing with people's heads—and not just figuratively.  —  Elon Musk is preparing for the most consequential launch of his career.
Paige Smith / Bloomberg:
Robinhood reports Q3 revenue up 29% YoY to $467M, vs. $478.9M est., trading revenue down 11% YoY to $185M, including crypto trading down 55% YoY; HOOD drops 8%+  —  - Third-quarter crypto notional volumes fell 55% on the year  — Online brokerage plans to launch EU crypto trading in weeks

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From Mediagazer

Caitlin Huston / The Hollywood Reporter:
Internal memo: Hearst Magazines president announces layoffs as part of a decision to “reallocate resources” to “continue our focus on digital innovation”

Jon Brodkin / Ars Technica:
FCC Chairwoman Jessica Rosenworcel announced she will leave the agency on January 20; she was the first woman to be confirmed to lead the agency

Lachlan Cartwright / The Ankler:
Sources: MSNBC renewed Rachel Maddow's contract early this fall, but with a pay cut; MSNBC bosses' plan to shake up daytime and weekend programming

More News

Ron Amadeo / Ars Technica:
Google pushes a Pixel update with security fixes and to address an Android 14 storage bug that locked some owners who use multiple profiles out of their devices

Earlier Picks

Reuters:
Sources: Baidu ordered AI chips from Huawei in 2023 to shift away from Nvidia; a source says Baidu ordered 1,600 Ascend 910B chips, worth ~$62M, for 200 servers
Jay Peters / The Verge:
An interview with Blizzard President Mike Ybarra about the studio's future under Microsoft, wrestling over releasing a game without live components, and more
Arjun Kharpal / CNBC:
Nintendo reports Q2 revenue down 4% YoY to ~$2.2B and profit down 19% YoY to ~$603M, both above est.; Switch sales from April to September grew 2% YoY to 6.84M
Dean Takahashi / VentureBeat:
A recap of day one of the Epic v. Google antitrust trial; opening statements, Epic Games Store GM Steve Allison revealing the store isn't profitable, and more
Rohan Goswami / CNBC:
WeWork, valued at $47B in 2019, files for Chapter 11 bankruptcy protection for its US and Canada locations, and reports liabilities ranging from $10B to $50B
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