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Techmeme
August 2, 2023, 8:35 AM
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Top News

Ivan Mehta / TechCrunch:
X now lets XBlue subscribers hide their verified checkmarks, although “the checkmark may still appear in some places” and some features “may not be available”  —  Social media company X, formerly Twitter, now lets paid users hide their verification checkmarks.
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.
Wall Street Journal:
Internal Binance data and current and former employees say Chinese users traded ~$90B in crypto assets on the exchange in May 2023, despite China's crypto ban  —  Retaining its Chinese footprint will be crucial for Binance as it faces a global regulatory crackdown
Aidan Ryan / The Information:
Sources: Changpeng Zhao tried to liquidate Binance.US earlier this year, before pivoting to attempting to sell the company, holding talks with Gemini and others  —  Binance founder and CEO Changpeng Zhao attempted to shut down the crypto exchange's U.S. offshoot earlier this year …
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 …
Steven Church / Bloomberg:
A Voyager Digital lawyer says the crypto lender's user data may have been stolen when the company started letting customers recover their funds in June 2023  —  - Voyager customers hit with scams amid bankruptcy payout  — Voyager lawyers referred potential hack to law enforcement
Jen Christensen / CNN:
An early-stage study of 80,000 women in Sweden who underwent a mammogram in 2021 and 2022 finds AI-supported screening increased breast cancer detection by 20%  —  Artificial intelligence found more breast cancers than doctors with years of training and experience and cut doctors' mammogram …
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
Chethan Rao / Android Police:
YouTube asks a small number of viewers to share their feedback on a test that generates AI-based “quick overview” summaries on some English-language videos  —  YouTube's new experiment is currently limited to English content  —  YouTube constantly adds new features to its mobile …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:35 AM ET, August 2, 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

Mark Sweney / The Guardian:
Ampere Analysis: UK streaming subscribers on ad-supported tiers will reach 26.5M by the end of 2025, surpassing the 23.1M ad-free subscribers for the first time

The Guardian:
The UK has spent more than £500K since 2024, including £350K by the Department for Education, on 215 influencers to promote government campaigns

Daniel Thomas / Financial Times:
As the BBC fights Trump's $10B lawsuit and ITV plans to combine its broadcasting business with Sky in 2026, a look at the slow death of the UK's TV channels

More News

Alex Pasternack / Fast Company:
An interview with Google Jigsaw engineer Lucy Vasserman on how OpenAI and others use Jigsaw's AI tool Perspective for flagging toxic speech to evaluate LLMs
More: Platformer.  Twitter: @pasternack, @dburghart, @max_uf, @pasternack, and @fastcompany.  Forums: Slashdot
Helene Braun / CoinDesk:
GameStop plans to remove its iOS and Chrome crypto wallet extensions on November 1 due to “regulatory uncertainty”, about one year after rolling out the service
Clive Cookson / Financial Times:
Glasgow University spinout Chemify, which uses a computing process to design new molecules with AI before making them in an automated lab, raised $43M
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%+
Eari Nakano / Bloomberg:
Pinterest reports Q2 revenue up 6% YoY to $708M, vs. $699M est., MAUs up 8% YoY to 465M, and expects “Q3 revenue to grow in the high single digit range” YoY
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

Earlier Picks

Kyle Wiggers / TechCrunch:
Socket, which sells a scanning tool for detecting vulnerabilities in open-source code, raised a $20M Series A led by a16z, taking its total funding to $24.6M
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
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
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
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
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
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