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August 9, 2023, 12:15 PM
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memeorandum
WeSmirchTop News
| CNBC: |
Sony reports Q1 revenue up 33% YoY to $20.7B, PS5 sales up 38% YoY to 3.3M, operating income down 31% YoY to ~$782M, and expects to sell 25M PS5s by March 2024 — Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line …
More: Sony Investor Relations, Reuters, Game Developer, OnMSFT.com, Financial Times, Bloomberg, Sony, GamesIndustry.biz, Engadget, TechSpot, Associated Press, IGN, Wccftech, Deadline, Variety, VentureBeat, Nikkei Asia, The Hollywood Reporter, and Reuters
X: @mauronl3, @domsplaying, @genki_jpn, @cvxfreak, @geronimo_73_, @nib95_, @ps_vortex, and @ethangach
| Takashi Mochizuki / Bloomberg: |
In its Q1 report, Sony, the world's largest camera sensor supplier, pushes back expectations for a smartphone market recovery to 2024 at the earliest — - The camera sensor leader had anticipated second-half recovery — Sony warns that conditions are tough in China and the US| Blake Brittain / Reuters: |
Gizmodo EIC Dan Ackerman sues Apple, the Tetris Company, and others, claiming they adapted his book about Tetris into a feature film without his permission — Dan Ackerman, editor in chief of the tech-news website Gizmodo, filed a lawsuit in Manhattan federal court on Monday accusing Apple … | David Pierce / The Verge: |
Slack announces its biggest-ever redesign, catering to power users, adding a new Home section, a new sidebar on the left, a new DMs section, and Activity window — Slack is many things. Which is kind of the problem. … Eventually, that even affects the “talk to your team” part of Slack …
More: Slack, TechCrunch, Thurrott, Silicon Republic, Computerworld, PCWorld, Tech Monitor, Daily Mail, Engadget, CNET, Washington Post, Fortune, Tom's Guide, Neowin, OnMSFT.com, Fast Company, and TechRadar
| Aaron Pressman / The Boston Globe: |
Boston-based cybersecurity company Rapid7 lays off 18% of its workforce, or around 470 people, and reports Q2 revenue rose 14% YoY to $190M and a $67M net loss — The Boston-based cybersecurity firm said the cuts will enable it to continue to grow while also freeing up cash
More: Rapid7, TechCrunch, SiliconANGLE, Rapid7, SecurityWeek, and Investing.com India
Mastodon: @hrbrmstr@mastodon.social and @g@irrelephant.co
X: @jfslowik, @imposecost, @malwarejake, and @dakacki
| Lily Hay Newman / Wired: |
Intel fixes a flaw found by a Google researcher that could let attackers steal passwords and other secrets, affecting Skylake, Tiger Lake, and Ice Lake chips — The vulnerability could allow attackers to take advantage of an information leak to steal sensitive details like private messages, passwords, and encryption keys.
More: Downfall Attacks, Intel, PCMag, PCWorld, BleepingComputer, SecurityWeek, Daniel Moghimi, Phoronix, CNX Software, Tom's Hardware, Cyber Kendra, TechSpot, Security Affairs, Wccftech, and ServeTheHome
Mastodon: @wwahammy@social …, @nixCraft@mastodon.social, @LukaszOlejnik@mastodon.social, and @couts@mastodon.social
X: @flowyroll, @royalhansen, and @p3b7_
Forums: r/technews, r/linux, r/Amd, and r/intel
| Elizabeth de Luna / Mashable: |
X begins making ad revenue payouts to smaller creators, after releasing payments to thousands of select accounts; how payouts are calculated remains unclear — ‘$8 to make $370 is a fantastic ROI for something I do anyway,’ one creator tweeted. … X is finally paying smaller creators …
More: TechCrunch, MarTech, gHacks Technology News, Social Media Today, CNBC, Search Engine Journal, Livemint, Engadget, Forbes, The Information, Fortune, Dexerto, and Search Engine Land
| Abner Li / 9to5Google: |
Google finally adds native translate capability to its Gmail app on Android, available now, and on iOS, rolling out in the coming weeks — Google is finally adding a native translate capability to Gmail for Android and iOS after long supporting it on the web client.| Ben Weiss / Fortune: |
Aptos Labs partners with Microsoft to build a ChatGPT-powered Aptos Assistant and plans to host validator notes on Azure; GitHub will add Aptos' Move to Copilot — Since the A.I.-hype train reached full speed earlier this year, there's been no shortage of crypto entrepreneurs trying to get a piece of the action.| Cecilia D'Anastasio / Bloomberg: |
Take-Two reports Q1 net revenue up 17% YoY to $1.28B, net bookings up 20% YoY to $1.2B, and forecasts $8B in bookings for the next fiscal year, hinting at GTA 6 — Take-Two Interactive Software Inc., the company behind video games like Grand Theft Auto, rose in extended trading …
More: Engadget, Take-Two Interactive Software, Video Games Chronicle, Game Developer, Thurrott, VentureBeat, Destructoid, GameSpot, GamingBolt, Gameranx, TrueAchievements, TechRadar, Game Rant, and Push Square
X: @stephentotilo, @videotechx, @deeketweak, @shinobi602, @dmc_ryan, @domsplaying, @domsplaying, @mauronl3, and @videotechx
Forums: r/gamingnews and r/PS5
| Josh Ye / Reuters: |
China plans to require app developers to file business details with the government or face sanctions from March 2024, likely creating headaches for developers — China will require all mobile app providers in the country to file business details with the government, its information ministry said …
More: AppleInsider, 9to5Mac, The Information, MacDailyNews, and Tech in Asia
| Ava Benny-Morrison / Bloomberg: |
Sources: ex-FTX Digital Markets co-CEO Ryan Salame is in talks with prosecutors to plead guilty to criminal charges and may enter a plea as soon as September — - Ryan Salame was the co-chief executive of FTX Digital Markets — Salame would be fourth former FTX executive to plead guilty| Geoffrey A. Fowler / Washington Post: |
CCDH: ChatGPT, Bard, My AI, DreamStudio, Dall-E, and Midjourney generated “pro-anorexia” content 41% of the time when asked about common eating disorder topics — Disturbing fake images and dangerous chatbot advice: New research shows how ChatGPT, Bard, Stable Diffusion …
More: Center for Countering …, The Week, and Decrypt
X: @willoremus, @snchancellor, @rvawonk, @jengolbeck, @geoffreyfowler, and @emdashes
| Jesse Hamilton / CoinDesk: |
The US Federal Reserve launches a program for overseeing banks' crypto activity and clarifies its pre-approval process for engaging with stablecoins — Fresh crypto guidance from the U.S. central bank doesn't represent a departure from previous policy, but it provides more details on what the Fed expects from banks.| Bill Toulas / BleepingComputer: |
Interpol shutters Indonesia-based “phishing-as-a-service” platform 16shop, used to create 150K phishing pages, compromising at least 70K people in 43 countries — A joint operation between Interpol and cybersecurity firms has led to an arrest and shutdown of the notorious 16shop phishing-as-a-service (PhaaS) platform.
More: INTERPOL, Group-IB, The Record, The Register, Security Boulevard, and Silicon Republic
| Ben Schoon / 9to5Google: |
YouTube plans to stop showing users recommended videos in some places when watch history is turned off entirely, including the homepage — Recommended videos keep users engaged on YouTube, but starting today, YouTube will stop showing recommended videos in some places, such as the homepage … | Joel Khalili / Wired: |
Sex workers who relied on crypto for storing wealth and accepting payment, bypassing the banking system entirely, are finding the limits of crypto's utility — Banks and payments companies have long penalized sex workers. Many thought crypto would be a solution, but now exchanges are dumping them too.
X: @jessicavanmeir, @mintstarsreal, @mikestabile, @mistressmatisse, @fscarmy, and @ashleylatke
Forums: r/ethtrader and r/CryptoCurrency
| Ashley Capoot / CNBC: |
Roblox reports Q2 revenue up 15% YoY to ~$681M, bookings up 22% YoY to $780.7M, vs. $785M est., and a $282.8M net loss; DAUs up 25% YoY to 65.5M; RBLX drops 9%+ — - Shares of Roblox fell Wednesday after the company reported second-quarter results that missed analysts' expectations on top and bottom lines.
More: Bloomberg, Reuters, Roblox, MarketWatch, and NBC 7 San Diego
| The Citizen Lab: |
Analysis: Tencent's Sogou Input Method, the top Chinese character inputting tool in China with 450M+ MAUs, had since-fixed data-leaking flaws in its encryption — We urge Sogou Input Method users to immediately update to the most recent version of the app (at least Windows version 13.7, Android version 11.26, or iOS version 11.25).
X: @russellbrandom, @citizenlab, and @jsrailton
| Nilay Patel / The Verge: |
Q&A with AWS CEO Adam Selipsky on cloud competitors, layoffs, AI, Nvidia, the Trainium and Inferentia chips, the Amazon Bedrock library of AI models, and more — Today, I'm talking with Adam Selipsky. He's the CEO of Amazon Web Services, or as it's usually called, AWS. AWS is quite a story.| Debby Wu / Bloomberg: |
Nikon reports Q1 revenue up 8.6% YoY to ~$1.1B, profit down 78.6% YoY to ~$23M, and shipping four lithography machines, vs. eight in 2022; NINOY drops 5%+ — - Nikon supplies mature chipmaking machines to Intel, TSMC — Chip industry sales have been hit by glut, economic headwinds
More: Nikon Investor Relations
| Varsha Bansal / Rest of World: |
A look at the Indian Institutes of Technology, established in the 1950s and 1960s to emulate MIT and now comprising 23 schools offering a path to tech success — Indian tech entrepreneur Kesavan Kandadai has many accomplishments under his belt: launching Amazon Prime Video in India and founding …
X: @restofworld, @vickiturk, @restofworld, @russellbrandom, @varshaabansal, @restofworld, @anupkaphle, @restofworld, and @schoenmakersk. LinkedIn: Sophie Schmidt
| Will Oremus / Washington Post: |
A look at Def Con's White House-backed Generative Red Team Challenge, where contestants try to make AI chatbots go rogue; the results will be sealed for months — Chatbots can be biased, deceptive or even dangerous. Hackers are competing to figure out exactly how.
More: 9to5Mac. Mastodon: @timnitGebru@dair …, @cigitalgem@sigmoid.social, and @Julia@journa.host. X: @willoremus
| David Shepardson / Reuters: |
The US Commerce Department says 460+ companies have expressed interest in winning some of the $52.7B CHIPS Act subsidy funding, which includes $39B for chips — The U.S. Commerce Department said on Wednesday that more than 460 companies have expressed interested in winning government …
More: NBC News, CNBC, TechPowerUp, and Bloomberg
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