Techmeme
August 1, 2023, 8:45 PM

Top News

Bryan Pietsch / Washington Post:
X sues the Center for Countering Digital Hate, alleging CCDH researchers violated Twitter's terms of service and the CFAA while studying hate speech on the site  —  X, the company formerly known as Twitter, sued a research group that had investigated hate speech on the social media platform …
Carly Page / TechCrunch:
Halcyon: Cloudzy, a Wyoming-registered web hosting company likely operating out of Tehran, is acting as a command-and-control provider for state-backed hackers  —  A little-known cloud company provided web hosting and internet services to more than two dozen different state-sponsored hacking groups …
Chavi Mehta / Reuters:
Meta begins the process to end news access on Facebook and Instagram in Canada, in response to a law forcing some companies to negotiate deals to pay publishers  —  Meta Platforms (META.O) said on Tuesday it has begun the process to end access to news on Facebook and Instagram for all users in Canada.
Annie Palmer / CNBC:
Amazon expands its Amazon Clinic virtual health service to 50 US states and DC, available via video or texting; regulations limit the SMS feature to 34 states  —  - Amazon is expanding its virtual clinic service nationwide.  — The company launched Amazon Clinic last November …
Financial Times:
Source: Meta plans to release AI chatbots with personalities, which staff call “personas”, like Abraham Lincoln, as soon as September 2023, to boost engagement  —  Facebook owner seeks to seize on hype for AI while challenging rivals such as OpenAI, Snap and TikTok
Dean Takahashi / VentureBeat:
Adobe, Apple, Autodesk, Nvidia, Pixar, and the Linux Foundation form the Alliance for OpenUSD, to standardize Pixar's Universal Scene Description graphics tech  —  Five major companies in the 3D content industry — Adobe, Apple, Autodesk, Nvidia and Pixar — have come together to form the Alliance for OpenUSD (AOUSD).
Preetika Rana / Wall Street Journal:
Uber reports Q2 revenue up 14% YoY to $9.23B, gross bookings up 16% YoY to $33.6B, and a $394M net income, its first operating profit, vs. a $2.6B net loss YoY  —  Ride-hailing and delivery businesses grew in the second quarter, though freight shrank  —  Uber Technologies posted …
Steven Levy / Wired:
Sarah Perez / TechCrunch:
In a challenge to TikTok, YouTube releases new Shorts creation tools for remixing, adding effects, going live, as well as an interactive Q&A sticker, and more  —  As competition with TikTok and Instagram Reels heats up, YouTube today announced an expanded suite of creation tools …
Kif Leswing / CNBC:
AMD reports Q2 revenue down 18% YoY to $5.36B, net income down 94% YoY to $27M, Client revenue down 54% YoY to $998M, and Data Center revenue down 11% to $1.3B  —  - AMD said revenue for the second quarter fell 18% from a year earlier, but results still topped analysts' estimates
Sam Schechner / Wall Street Journal:
Under pressure from EU regulators, Meta offers to seek user consent in the EU for targeted ads based on users' activity, sources say as soon as October 2023  —  Under pressure from regulators, the Facebook and Instagram owner proposes asking users to opt in before targeting ads with their digital activity
Bloomberg:
After Curve disclosed a hack, CRV fell ~25% in three days, prompting fears of wider crypto market turbulence; DefiLlama: crypto using Curve fell 50%+ to $1.7B  —  - Curve's native CRV coin posted three-day, 25% slump after hack  — Drop raised concerns about wider fallout from platform's woes
Reuters:
Match Group reports Q2 revenue up 4% YoY to $830M, vs. $811M est., payers down 5% YoY to 15.6M, and forecasts Q3 revenue above estimates; MTCH jumps 11%+  —  Match Group (MTCH.O) forecast revenue for the third quarter above Wall Street estimates on Tuesday, as the Tinder parent expects stronger marketing …
Rita Liao / TechCrunch:
Apple removes many generative AI apps from its China App Store, supposedly over 100, ahead of China's new generative AI rules set to take effect on August 15  —  Multiple generative AI apps have been removed from Apple's China App Store, two weeks ahead of the country's new generative AI regulations …
Annie Palmer / CNBC:
How illicit data brokers on Telegram, WeChat, WhatsApp, and Facebook peddle internal Amazon market data and services like attacking rivals' product listings  —  - Amazon internal information is finding its way onto messaging apps like Telegram, where brokers are selling data to third-party sellers.
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  —  Washington is courting chipmakers and battery manufacturers with large subsidies but demanding they loosen ties with their other major market
Bloomberg:
More: Tom's Hardware and The Hill
Twitter: @zschneeweiss, @byron_wan, @parismarx, and @pelstrom.  Forums: Slashdot

Sponsor Posts

Subquadratic:
SubQ Snap 1.1: the first long-context decision model for real enterprise work  —  Tied for #1 on the AA Decision Index, Snap is a multimodal model with a 384k-token context window for fast reasoning and agentic decisions.
Zoho:
Labels that build themselves: Simplified Label Automation in Zoho Writer  —  Anyone who ships every day knows this feeling.  Forty orders, each with a different number of items, and every item needs its own label.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
WebBrain:
WebBrain: an open-source AI agent for your browser  —  Read pages, fill forms and automate tasks in Chrome or Firefox.  Use local models or your preferred AI provider.  Get started free.

Featured Podcasts

The Social Radars:
Blake Scholl, Founder & CEO, Boom Supersonic: Part 2
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Machine Gods:
The purple tsunami against data centers
The official podcast of the singularity, from Casey Newton and Kevin Roose. Twice-weekly news, analysis, and interviews with the people who are building the future.
Subscribe to Machine Gods.
Invest Like the Best:
Ramtin Naimi - The State of Venture
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
The Upstarts Podcast:
How Ramp Built A $60B AI Product Factory Off A Corporate Card | Co-CEO Eric Glyman
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Great Chat:
Would you let a robot do it?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Training Data:
A Model For Everyone: How Ronak From Trajectory Is Building Products For Continual Learning
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:45 PM 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.

More News

Eari Nakano / Bloomberg:
Aisha Malik / TechCrunch:

Earlier Picks

New York Times:
Bloomberg:
Jeremy Hill / Bloomberg:
Joe McDonald / Associated Press: