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July 27, 2023, 11:30 AM
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The Verge:
Sony has sold over 40M PS5s since its launch in November 2020, up from 10M in July 2021, despite the “unprecedented challenges of COVID” and supply chain issues  —  / Despite supply chain issues and the problems caused by the pandemic, Sony says the PS5 supply is now ‘well-stocked.’
Kim Mackrael / Wall Street Journal:
The EU opens an antitrust investigation into whether Microsoft abuses its dominant position by bundling Teams with Office, the first investigation in 10+ years  —  Probe marks the first time in a decade that Microsoft has come under formal investigation by Brussels
Steve Moser / MacRumors:
iOS 17 beta 4 code hints at a rumored Action button, offering quick access to Shortcuts, Silent Mode, Camera, and more, similar to the Watch Ultra's button  —  Apple released the fourth beta of iOS 17 to developers yesterday, and among the changes in the latest beta are some new code snippets …
Bloomberg:
Meta forecasts 20% revenue growth in Q3, returning to pre-pandemic and pre-ATT levels, potentially creating cover for expensive AI and metaverse investments  —  - Meta's current quarter sales projection beats estimates  — Company continues to increase spending on metaverse, AI
Meta Investor Relations:
Meta reports Q2 revenue up 11% YoY to $32B, net income up 16% YoY to $7.79B, and family daily active people up 7% YoY to 3.07B for June 2023; META jumps 10%+
Scott Nover / Quartz:
Meta says Facebook surpassed 3B MAUs for the first time, increasing 3% YoY as of June 30, 2023, while family monthly active people grew 6% YoY to 3.88B
Jonathan Vanian / CNBC:
Meta's Reality Labs reports a $3.7B operating loss in Q2, vs. $3.5B est., and expects losses to “increase meaningfully” due to VR/AR and ecosystem investments
Financial Times:
Sources: Linda Yaccarino pitched her vision for Twitter/X to talent agencies in LA and met with Disney, in a bid to bring stars and influencers to the platform  —  Social media app's new chief meets with agents at leading talent agencies amid controversy over rebranding to ‘X’
@esthercrawford:
Ex-Twitter Director of Product Management Esther Crawford on the “culture of fear”, Elon Musk's strengths and weaknesses, the sleeping bag incident, and more
Aisyah Llewellyn / Al Jazeera:
Indonesia restricts X.com, which now redirects to twitter.com after Twitter rebranding to X, as the domain had been previously used by porn and gambling sites
New York Times:
Lindsey Graham and Elizabeth Warren announce the Digital Consumer Protection Commission Act, seeking an independent regulator to license and police Big Tech  —  Mr. Graham, a Republican, is the senior senator from South Carolina.  Ms. Warren, a Democrat, is the senior senator from Massachusetts.
Nikhilesh De / CoinDesk:
The US DOJ informed a federal judge that Sam Bankman-Fried won't face the campaign finance charge, which wasn't part of an extradition document with The Bahamas  —  The Justice Department said late Wednesday that the campaign finance charge was not included in an extradition document with The Bahamas …
CNN:
US prosecutors ask a judge to detain Sam Bankman-Fried over witness tampering allegations, saying he leaked Caroline Ellison's personal writings to the NYT
Reuters:
Source: about 10 years ago, Tesla rigged the dashboard to overstate battery range; in 2022, Tesla created a “Diversion Team” to suppress thousands of complaints  —  About a decade ago, Tesla rigged the dashboard readouts in its electric cars to provide “rosy” …
Cade Metz / New York Times:
Researchers: the guardrails on ChatGPT, Bard, and Claude can be bypassed by adding a long suffix of characters to prompts, generating false and toxic responses  —  A new report indicates that the guardrails for widely used chatbots can be thwarted, leading to an increasingly unpredictable environment for the technology.
Sheila Chiang / CNBC:
Samsung reports Q2 revenue down 22% YoY to ~$47.21B, below analyst expectations of ~$47.7B, and operating profit down 95% YoY to ~$525M due to weak phone demand  —  - Samsung is the world's largest maker of dynamic random-access memory chips, which are found in consumer devices such as smartphones and computers.
Bloomberg:
The SEC approves new rules to require publicly traded companies to file details of a cyberattack within four days of identifying a material impact from the hack  —  - Delay possible if public safety or national security at risk  — Some business groups argued that deadline was too short
David Pierce / The Verge:
A postmortem of Neeva, which tried to build a faster, simpler, and ad-free search engine, and how default search engine choices reinforce Google's dominance  —  A couple of ex-Googlers set out to create the search engine of the future.  They built something faster, simpler, and ad-free.
Mastodon: @carnage4life@mas.to.  Twitter: @lutherlowe.  Threads: @imdavidpierce and @parkerortolani
Forums: r/technology and Beehaw
Washington Post:
How Russia's invasion led Ukraine to innovate in combat drones, including improving speed, flight range, and payload, and the implications for warfare globally  —  The advent of AI-enabled drones holds huge promise for Ukraine's military but may also be exploited by nefarious non-state actors
Kyle Wiggers / TechCrunch:
Israeli startup Trustmi, which offers payments fraud prevention tools, raised a $17M Series A led by Cyberstarts, taking its total funding to $21M  —  Shai Gabay and Eli Ben-Nun, two entrepreneurs based in Israel, met in 2018 while working at Cynet, a cybersecurity startup developing extended detection and response tools.
David Welch / Bloomberg:
Waymo plans to slow the development of autonomous trucking as the company moves its focus and investment to ride-hailing  —  Waymo, the self-driving unit owned by Alphabet Inc., is slowing the development of autonomous trucking that's being done by its Via subsidiary.

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This is a Techmeme archive page. It shows how the site appeared at 11:30 AM ET, July 27, 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

CNN:
Alice Stewart, a CNN political commentator and veteran political adviser who worked on several GOP presidential campaigns, dies at 58

Stephen Battaglio / Los Angeles Times:
At the 2024 Upfronts, streaming services dominated with Amazon Prime Video and Netflix making their debut, and live sports and ad tech were given more attention

Rodney Tiffen / Inside Story:
Court discovery docs from the UK's News Group phone hacking cases give more detail about evidence destruction and indicate the company gathered political intel

More News

Earlier Picks

Lora Kolodny / CNBC:
Sources: the California AG is investigating Tesla, seeking information from customers and ex-employees about Autopilot safety issues and advertising complaints
Tom Warren / The Verge:
Microsoft starts rolling out a new Xbox Home UI, offering more space for backgrounds and quick access to store, search, and settings, after 10 months of testing
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