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August 1, 2023, 7:10 AM
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Top News

New York Times:
Twitter/X files a lawsuit against Center for Countering Digital Hate, accusing the nonprofit and its backers of “actively working to prevent free expression”  —  The Center for Countering Digital Hate said it had received a letter from X, Twitter's parent company …
Ivan Mehta / TechCrunch:
Twitter is now “X” in the App Store, seemingly via an exception to Apple's rule that requires app names to have two or more characters
Sheila Dang / Reuters:
X says Elon Musk will lead product and engineering teams, CEO Linda Yaccarino will lead teams including legal and sales, and both will oversee trust and safety
Andy Robinson / Video Games Chronicle:
Sources: Nintendo plans to release a new console in H2 2024, with a portable mode, LCD display, and a cartridge slot; key partners already have development kits  —  Development kits for Nintendo's next console are now with key partner studios, with launch planned for next year, sources have told VGC.
Ina Fried / Axios:
Internal email: Google is revamping Assistant to focus on using generative AI, starting with the mobile version, and is reorganizing related teams  —  Google plans to overhaul its Assistant to focus on using generative AI technologies similar to those that power ChatGPT and its own Bard chatbot …
Financial Times:
Sources: Meta plans to launch a range of AI chatbots dubbed “personas” that exhibit personalities as soon as September, to boost engagement on its platforms  —  Facebook owner seeks to seize on hype for AI while challenging rivals such as OpenAI, Snap and TikTok
Bloomberg:
Sources: senior EU and US officials are concerned about China's accelerated push into the production of older-generation chips made with 28nm equipment or above  —  - China is building more plants than others despite US sanctions  — Officials are worried about impact on domestic chip plans
Christian Davies / Financial Times:
A look at South Korea's position in the tech “cold war”, as the country pivots away from China's economy and prepares to comply with the US-led China chip ban
Emma Roth / The Verge:
The BBC launches social.bbc, an “experimental” Mastodon server with posts from a handful of BBC accounts, and plans to try out the server for six months  —  The BBC has launched its own “experimental” Mastodon server, marking one of the first major news outlets to establish an instance on the Twitter alternative.
Cristina Criddle / Financial Times:
The UK CMA reopens its consultation on Microsoft's Activision deal, an unusual move that could lead to a reversal of the decision to block the deal  —  CMA invites responses to tech giant's new arguments in rare move that could pave way for $75bn takeover to close
Joe McDonald / Associated Press:
China restricts civilian drone exports, citing Russia's war in Ukraine and concern about military use; DJI pulled out of Russia and Ukraine in April 2022  —  China imposed restrictions Monday on exports of long-range civilian drones, citing Russia's war in Ukraine and concern that drones might be converted to military use.
Decrypt:
The SEC charges Hex crypto project founder Richard Heart with raising over $1B via unregistered securities offerings, including Hex, PulseChain, and PulseX  —  The SEC has charged Richard Heart, the founder of the crypto project Hex, with allegedly conducting unregistered securities offerings that raised more than $1 billion.
New York Times:
The FBI says a contractor misled the agency and used NSO's Landmark to track people in Mexico without consent; the FBI terminated the contract in April 2023  —  After a Times report, the bureau canceled its contract with a government contractor that used the tool on its behalf.  But questions remain.
New York Times:
How popular gaming platforms like Minecraft and Roblox are being used to promote Russia's war narrative, influencing some young and Russian-speaking audiences  —  Propaganda is appearing in Minecraft and other popular games and discussion groups as the Kremlin tries to win over new audiences.

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This is a Techmeme archive page. It shows how the site appeared at 7:10 AM ET, August 1, 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

Benjamin Mullin / New York Times:
The NYT added 210,000 digital subscribers in Q1, for 10.5M subscribers in total, up 8% YoY, and ad revenue fell 2.4% YoY to $103.7M; the OpenAI lawsuit cost $1M

Austin Fuller / Current:
NPR CEO Katherine Maher will not attend a US House committee hearing on May 8 looking at alleged NPR bias due to a schedule conflict, but offers to appear later

Kathryn Lundstrom / Adweek:
Disney Advertising strikes a deal with Walmart Connect to let advertisers target Disney's streamers, including Disney+ and Hulu, using Walmart's shopper data

More News

Nikhilesh De / CoinDesk:
A US judge denies Terraform Labs' motion to dismiss an SEC lawsuit, saying the SEC made a “plausible claim” that UST and LUNA may have violated securities law

Earlier Picks

Julie Jargon / Wall Street Journal:
Apple confirms a Screen Time bug, letting kids go over the time limits imposed by parents to use apps and games, but doesn't offer a timeline for a fix
Rohan Goswami / CNBC:
A consortium led by PE firms Francisco and TPG agrees to take observability software company New Relic private in an offer valuing the company at ~$6.5B
Yogita Khatri / The Block:
Tether reports a $850M net profit in Q2, vs. $1.5B in Q1, with ~$3.3B in excess reserves, up from $2.44B in Q1, and $86.5B+ in total assets as of June 30
The Economic Times:
Sources: Tiger Global has completed its exit from Flipkart, in a years-long selloff that led to gains totaling $3.5B
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