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Techmeme
August 4, 2023, 5:05 PM
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Top News

Martin Coulter / Reuters:
To comply with the EU's DSA, TikTok plans to let users turn off personalized recommendations in For You, remove targeted ads for users aged 13 to 17, and more  —  Chinese-owned social media platform TikTok has announced a raft of new features for European users aimed at improving compliance with incoming European Union regulations.
Sankalp Phartiyal / Bloomberg:
Apple, Samsung, HP, and others freeze new imports of laptops and tablets to India; sources say India's sudden import license rules caught the industry off-guard  —  - India surprised industry with new import license requirement  — Modi government seeks to promote domestic manufacturing
Manish Singh / TechCrunch:
India delays its import ban on laptops, tablets, servers, and other devices, offering companies a “transition period” of at least one month to obtain licenses
Emma Roth / The Verge:
Coinbase asks a judge to dismiss the SEC's lawsuit, arguing that the case “falls outside the agency's delegated authority” as Coinbase doesn't trade securities  —  Coinbase is asking a judge to dismiss the Securities and Exchange Commission's lawsuit against it.
Dan Garisto / Nature:
Attempts to replicate a South Korean team's process to create LK-99, a room temperature superconductor that could revolutionize computing, have failed so far  —  You can also search for this author in  —  PubMed Google Scholar  —  A Korean team's claim to have discovered a superconductor …
CNBC:
Ilya Lichtenstein, who earlier pled guilty to laundering $4.5B in bitcoin stolen via Bitfinex's 2016 hack, admits in court to being the original Bitfinex hacker  —  - A New York man admitted being the original hacker of bitcoin in the 2016 hack on Bitfinex he pleaded guilty in federal court …
Bobby Allyn / NPR:
Background actors describe studios scanning their bodies and worrying over the lack of control of their digital likenesses, a key issue in the SAG-AFTRA strike  —  After four weeks of working as a background actor on the Disney+ series WandaVision during the pandemic, Alexandria Rubalcaba …
New York Times:
An interview with Chair Mark Liu on why TSMC is staying in Taiwan, China's possible invasion of Taiwan, the US CHIPS Act, cutting off Huawei in 2020, and more  —  In an interview, the chip maker's chairman, Mark Liu, explained why TSMC's top tech would stay in Taiwan, despite growing threats …
Yogita Khatri / The Block:
Revolut plans to start closing its US cryptocurrency services on September 2, citing regulatory uncertainty, impacting less than 1% of its crypto users globally  —  - Revolut is closing its cryptocurrency platform in the U.S., citing regulatory uncertainty.
Amir Efrati / The Information:
SoftBank sues former IRL CEO Abraham Shafi for fraud after investing $150M in IRL in 2021 on user metrics claims; IRL allegedly paid to fill the site with bots  —  SoftBank sued former IRL CEO Abraham Shafi and five siblings and cousins for allegedly misleading the investor about the messaging app's growth …
More: Bloomberg Law and CNBC
Twitter: @eringriffith, @eringriffith, @pt, and @eringriffith.  Forums: Slashdot
Lorenzo Franceschi-Bicchierai / TechCrunch:
A profile of Window Snyder, who helped secure the early internet while at Microsoft and Mozilla, and pushed Apple to enable encryption by default in its devices  —  Snyder has made Windows, Mac computers, iPhones, and other technologies more secure for almost 25 years.
Leah Nylen / Bloomberg:
Google will face a scaled-down antitrust lawsuit over search after a judge ruled that state AGs didn't show that Google's search results harmed rivals like Yelp  —  - Google still faces DOJ, state suits over search contracts  — Combined trial over claims set for Sept. 12 in federal court

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This is a Techmeme archive page. It shows how the site appeared at 5:05 PM ET, August 4, 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

Ashley Carman / Bloomberg:
Netflix hires Steve Wilson, who formerly managed partner relations at Apple Podcasts, as a consultant to oversee podcast content acquisition

Ted Johnson / Deadline:
Kevin Delaney, co-founder of Quartz and Charter, has been tapped by NBC News to be head of digital content and subscription, a newly created role

Matthew Keys / TheDesk.net:
E.W. Scripps begins a new round of layoffs and buyout offers ahead of its Q3 earnings report on November 6, affecting stations across the country

More News

Earlier Picks

Bloomberg:
Coinbase reports Q2 revenue down 12% YoY to $707.9M, vs. $631.2M est., net loss down 91% YoY to $97M, and transaction revenue down 50% YoY to $327.1M
Apple:
Apple reports Q3 revenue down 1.4% YoY to $81.8B, declining for a third quarter in a row but largely in line with estimates, and net income up 2.3% to $19.9B
Amazon:
Amazon reports Q2 revenue up 11% YoY to $134.4B, a $6.7B net income, vs. a $2B net loss in Q2 2022, AWS segment sales up 12% YoY to $22.1B; AMZN jumps 9%+
Jess Weatherbed / The Verge:
Brave Search updates its image and video search to use Brave's own index rather than Bing's or Google's; some advanced search capabilities are still absent
Kris Holt / Engadget:
Google expands its privacy tools, including to alert users when their personal info appears in Search and to remove consensual explicit images from Search
Arjun Kharpal / CNBC:
Nintendo Q1: revenue up 50% YoY to ~$3.2B and net profit up 52% YoY to ~$1.3B, driven by The Super Mario Bros. Movie, the new Zelda, and Switch sales up 13.9%
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