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Techmeme
August 6, 2023, 3:14 AM
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Top News

Jonathan Greig / The Record:
The FBI is investigating a ransomware attack on Prospect Medical Holdings, which runs 16 hospitals and 166 outpatient clinics and centers in CA, CT, PA, and RI  —  A major hospital network with arms in multiple states is dealing with widespread network outages due to a cyberattack, which the FBI confirms is ransomware.
Richard Lawler / The Verge:
X delays its Ads Revenue Sharing program's payouts that were set for the week of July 31, saying the volume of people signing up “has exceeded our expectations”  —  In news that isn't very surprising given the recent history of Twitter, which Elon Musk is currently rebranding to X …
Reuters:
Elon Musk says X will fund the legal bills of people who have been “unfairly treated” by their employer “due to posting or liking something on this platform”  —  Elon Musk has said his X social media platform will fund the legal bills of people who have been treated unfairly …
Casey Newton / Platformer:
US lawmakers are quickly advancing an anti-sex, anti-speech agenda in the name of kids' online safety, which could soon entangle every adult internet user  —  Anti-speech laws are spreading from states to Congress, and the future of online speech could hang in the balance
Meduza.io:
Russian independent news outlet Meduza says Apple removed its flagship podcast from Apple Podcasts; source: Roskomnadzor asked Apple to remove the show  —  Meduza has received a notice from Apple, informing our media that our flagship podcast “What Happened” has been removed from the Apple Podcasts streaming platform.
Varsha Bansal / Wired:
Some workers say on-demand home services startup Urban Company, which helped Indian women enter the gig economy, pushed them out for not meeting steep targets  —  Home services platform Urban Company helped Indian women get into the gig economy.  Now they say it's setting impossible targets and then abandoning them.
Jonathan Greig / The Record:
Microsoft fixes an Azure flaw that could have let hackers access sensitive data, after criticism from the CEO of cybersecurity risk management company Tenable  —  Microsoft has resolved a vulnerability that allows threat actors to gain access to information managed by Azure AD …
Harmeet Singh Walia / Counterpoint Research:
Global smartphone revenue fell 8% YoY and 15% QoQ to under $90B in Q2 2023; Apple had a record 45% share of global smartphone revenue and an 85% share of profit  —  - Apple led global smartphone revenues and operating profit with record June-quarter shares of 45% and 85% respectively.
IDC:
Smartphone shipments in India fell 10% YoY in H1 2023 to 64M; in Q2 2023, Apple and OnePlus grew 61% YoY each, Xiaomi fell 39% YoY, and Realme fell 30% YoY

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:14 AM ET, August 6, 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

Jazz Monroe / Pitchfork:
Sources: nearly all staff at music outlets BrooklynVegan, Alternative Press, Revolver, and Goldmine appear to have been laid off by Veeps, owned by Live Nation

Etan Vlessing / The Hollywood Reporter:
FuboTV reports Q3 revenue up 38% YoY to $1.48B, a $25.7M net loss, vs. a $38M loss a year earlier, and North American subscribers up 2% to 5.75M; FUBO jumps 12%

Jennifer Maas / Variety:
Disney reports Q3 revenue up 7% YoY to $25.2B, below $25.4B est., adjusted EPS of $2.06, above $1.85 est., and entertainment revenue up 6% to $11.3B

More News

Tiffany Hsu / New York Times:
People have few options for protection or recourse when hallucinating AI chatbots create and spread falsehoods about them that threaten their reputations
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
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

Earlier Picks

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
Vlad Savov / Bloomberg:
Qualcomm, NXP, Bosch, and Infineon form a German company to promote the open-source RISC-V chip architecture, initially targeting auto, and then mobile and IoT
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
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
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