Techmeme
October 23, 2019, 11:35 AM

Top News

Cade Metz / New York Times:
Google claims “quantum supremacy” breakthrough: its quantum computer performed a mathematical calculation at a speed inconceivable with today's technology  —  SAN FRANCISCO — Google said on Wednesday that it had achieved a long-sought breakthrough called “quantum supremacy,” …
IBM Research Blog:
IBM says Google's experiment is an excellent demo of quantum computing progress, but not a proof that quantum computers are “supreme” over classical computers  —  Quantum computers are starting to approach the limit of classical simulation and it is important that we continue …
Financial Services Committee / YouTube:
Livestream of Mark Zuckerberg's testimony before the House Financial Services Committee on the Libra cryptocurrency  —  Wednesday, October 23, 2019 (10:00 AM) —Hearing: “ An Examination of Facebook and Its Impact on the Financial Services and Housing Sectors” Connect with the House Financial …
Salvador Rodriguez / CNBC:
Makena Kelly / The Verge:
US lawmakers debut a bipartisan bill that would force tech giants to make user data portable and interoperable via an API-like interface for secure transfers  —  Mark Zuckerberg wants his own apps to be interoperable, but not like this  —  Over the past few months, lawmakers have taken aim at Big Tech …
Andy Boxall / Digital Trends:
Huawei says the Mate X foldable phone will launch in China next month for ~$2,400, and has shipped 200M smartphones so far in 2019, 64 days faster than 2018  —  Though times are turbulent for Huawei, it has still managed to ship 200 million smartphones already this year, beating a previous record …
Ferris Jabr / New York Times:
A deep dive into the debate surrounding video game addiction, as the scientific understanding of what it means to be addicted continues to evolve  —  The latest research suggests it's not far-fetched at all — especially when you consider all the societal and cultural factors that make today's games so attractive.
New York Times:
Researchers: China's state sponsored hackers have switched tactics over the last few years, focusing increasingly sophisticated attacks on its ethnic minorities  —  SAN FRANCISCO — China's state-sponsored hackers have drastically changed how they operate over the last three years …
CNBC:
Sources: SoftBank to take control of WeWork, spending $4B-$5B on new funding and existing shares in The We Company, valuing it between $7.5B and $8B  —  KEY POINTS  — Softbank to spend $4 billion to $5 billion on new equity, existing shares, sources say.
Josh Constine / TechCrunch:
Snap reports it added 7M DAUs in Q3 to hit 210M, up 13% YoY, revenue of $446M, up 50% YoY, and a net loss of $227M, down from $325M a year ago  —  The Snap-back continues.  Snapchat blew past earnings expectations for a big beat in Q3, as it added 7 million daily active users this quarter to hit 210 million, up 13% year-over-year.
Chris O'Brien / VentureBeat:
Report: France's AI startup scene grew 38% in 2019 with government and investor backing; from 2014 to 2019 French AI startups raised $1.27B vs. $1.24B in the UK  —  France's aggressive push to develop its AI ecosystem seems to be paying dividends as the number of startups continues to soar.
Natalie Gagliordi / ZDNet:
Former SAP CEO Bill McDermott has been named chief executive of cloud automation platform ServiceNow; he replaces John Donahoe, who will become CEO of Nike  —  McDermott will replace John Donahoe, who is stepping down from his role leading ServiceNow to become the CEO of Nike.
Grady McGregor / Fortune:
Profile of Colin Yao, head of Tencent's game development subsidiary TiMi Studios, responsible for building some of the most played games in China  —  Colin Yao, head of Tencent's largest in-house game developer TiMi Studios, exudes a warm and reserved confidence, yet he is clearly antsy …
Drew Harwell / Washington Post:
A look at HireVue's controversial AI-driven face and voice scanning “employability” assessment tool, used by 100+ employers including Hilton and Goldman Sachs  —  HireVue claims it uses artificial intelligence to decide who's best for a job.  Outside experts call it ‘profoundly disturbing.’

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Earlier Picks

Joseph Cox / VICE:
Conor Dougherty / New York Times:
Dami Lee / The Verge:
Anthony Ha / TechCrunch:
Todd Spangler / Variety:
Tony Romm / Washington Post: