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February 8, 2024, 6:30 AM
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Top News

Sarah Whitten / CNBC:
Disney plans to invest $1.5B for a stake in Epic Games and collaborate on a new “universe” connected to Fortnite with content from Disney, Pixar, and more  —  - Disney is investing $1.5 billion for an equity stake in Epic Games in its biggest jump yet into the gaming world.
Foo Yun Chee / Reuters:
Meta challenges the EU's DSA supervisory fee of 0.05% of Meta's annual net income that cover regulators' costs, disagreeing with how the fees are calculated  —  Meta Platforms (META.O) has challenged a supervisory fee amounting to .05% of its annual worldwide net income aimed …
Clothilde Goujard / Politico:
TikTok joins Meta in challenging the EU's DSA in the General Court, arguing the levy is unfair as some firms pay nothing; Meta must pay €11M of the €45M total  —  Social media giants Meta and TikTok are suing the European Union over a levy that bankrolls the enforcement …
Sam Sabin / Axios:
US, UK, Australia, Canada, and New Zealand advisory: China-backed hacking group Volt Typhoon has had access to some major US infrastructure for over five years  —  China-backed hackers have had access to some major U.S. critical infrastructure for “at least five years,” according to an intelligence advisory released Wednesday.
Molly White / Citation Needed:
In his new book, a16z GP Chris Dixon fails to identify a single blockchain project that has successfully provided a non-speculative service at any kind of scale  —  Prominent crypto venture capitalist Chris Dixon provides an unconvincing bible for blockchain solutionists.  —  1×
Martin Young / Cointelegraph:
SEC filing: NYSE-listed Bakkt, a crypto trading platform backed by the Intercontinental Exchange, warns that it might not be able to stay in business in a year  —  The institutional digital asset trading platform unveiled in 2018 amid huge fanfare has just disclosed it “might not be able to continue as a going concern.”
Carl Franzen / VentureBeat:
Microsoft updates Copilot with a redesigned look, a new AI model for Copilot's Balanced mode called Deucalion, and new AI image creation and editing features  —  In a startling move, Microsoft today announced a redesigned look for its Copilot AI search and chatbot experience on the web …
Josh Boak / Associated Press:
The Biden administration names White House economic adviser Elizabeth Kelly to lead the NIST's newly formed AI Safety Institute to develop AI testing standards  —  The Biden administration on Wednesday named a top White House aide as the director of the newly established safety institute for artificial intelligence.
Reuters:
Arm reports Q3 revenue up 14% YoY to $824M, vs. $761.6M est., and forecasts Q4 sales and adjusted profit above expectations; ARM jumps 21%+  —  Arm Holdings on Wednesday forecast fiscal fourth-quarter sales and adjusted profit above Wall Street expectations as customers aim to design new chips …
Kara Swisher / New York Magazine:
An excerpt from Kara Swisher's upcoming book, Burn Book: covering digital media in the '90s, Facebook and Google becoming information gatekeepers, and more  —  My front-row seat to a slow-moving catastrophe.  —  In the early 1990s, I was a reporter at the Washington Post.
Mishaal Rahman / Android Authority:
A leaked image allegedly shows the Google Pixel Fold 2, including a narrower cover screen, a squarer inner screen aspect ratio, and redesigned camera bump  —  Here's a very early look at what could be Google's second-generation foldable phone.  —  •  —  TL;DR
Sarah Jacob / Bloomberg:
Amsterdam-based payments giant Adyen reports H2 2023 net revenue up 23% YoY to €887M and processed volume up 29% YoY to €544.1B; ADYEN.AS jumps 16%+  —  Adyen staged a comeback after facing a record slowdown in revenue last year, which resulted in a stock meltdown.
More: Adyen

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This is a Techmeme archive page. It shows how the site appeared at 6:30 AM ET, February 8, 2024.

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:
Memo: WaPo CEO Will Lewis tells staff they'll be expected to work from the office five days a week, instead of three, by June 2, and by February 3 for managers

Sean Burch / The Wrap:
News Corp reports Q1 revenue up 3% YoY to $2.58B, net income up 148% YoY to $144M, Dow Jones revenue up 3% YoY to $552M, and WSJ subscriptions up 7% YoY to 4.3M

Ben Smith / @semaforben:
In a note to staff, Roula Khalaf says US editor Andrew Edgecliffe-Johnson is leaving the FT for Semafor and will be replaced by Derek Brower from December 1

More News

Ivan Mehta / TechCrunch:
Google debuts a pilot program in Singapore to prevent users from sideloading certain apps that abuse Android app permissions to read one-time passwords
Lauren Forristal / TechCrunch:
Adam Mosseri says Threads is testing the ability to save posts, a “heavily requested feature” that allows users to bookmark posts and revisit them later

Earlier Picks

Kate Knibbs / Wired:
An interview with Nebojša Vujinović Vujo, who runs 2,000+ AI-generated news sites, often hosted on once-popular domains, and claims to have ~12 human editors
Charlie Sorrel / iFixit News:
Apple Vision Pro teardown: 50 Vision Pro pixels fit into a single iPhone 15 Pro pixel, the display is not technically 4K, has a ~100° field of view, and more
Chainalysis:
Ransomware payments in 2023 hit a record $1.1B, up from $567M in 2022 and $983M in 2021, after a major escalation of the frequency, scope, and volume of attacks
Wayne Ma / The Information:
Source: Apple is building prototypes of at least two iPhones that fold widthwise; the phones are in early development and not set for production in 2024 or 2025
Emilia David / The Verge:
OpenAI says DALL-E 3 will add watermarks to images with C2PA metadata but acknowledges the metadata can “easily be removed either accidentally or intentionally”
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