Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
August 16, 2023, 3:20 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Timmy Shen / The Block:
Coinbase says the exchange received regulatory approval from the CFTC-backed National Futures Association to offer futures trading services to eligible US users  —  - Coinbase is now allowed to operate as a futures commission merchant and offer eligible U.S. customers access to crypto futures from its platforms, the company said.
Sankalp Phartiyal / Bloomberg:
Sources: Foxconn's plant in Tamil Nadu, India plans to deliver iPhone 15 units weeks after Chinese factories; output previously lagged by six to nine months  —  - Apple is diversifying iPhone supply chain away from China  — India's push to become a manufacturing hub is bearing fruit
Financial Times:
Docs: India accounts for $10B of Foxconn's annual revenue, or 4.6% in 2022, showing the limits of “China plus one”; China makes up 75% of Foxconn's operations
Nico Grant / New York Times:
Docs: Google DeepMind has been developing generative AI to perform 21+ different types of personal and professional tasks, including to give users life advice  —  The tech giant is evaluating tools that would use artificial intelligence to perform tasks that some of its researchers have said should be avoided.
Bloomberg:
Intel ends its $5.4B bid to acquire Israeli company Tower Semiconductor, announced in February 2022, after failing to win Chinese regulatory approval in time  —  - Deal for Tower Semiconductor needed Chinese antitrust approval  —  Intel Corp. walked away from its attempt …
Hannah Miller / Bloomberg:
Crypto custody startup BitGo raised $100M at a $1.75B valuation from unnamed US and Asian investors; Galaxy Digital scrapped a $1.2B BitGo acquisition in 2022  —  The crypto company raised $100 million from new investors, emphasizing its focus on following rules and regulations.
Kif Leswing / CNBC:
Apple backtracks and moves the iPhone's “end call” button back to the middle of the screen, from the bottom-right corner, in the latest iOS 17 beta  —  - Apple has moved the end call button back to the middle of the screen in the the newest developer version of iOS 17 released on Tuesday.
Caitlin Harrington / Wired:
OSHA investigations and 11 interviews: Amazon's first aid clinics put warehouse staff at risk by keeping them working instead of referring them to medical care  —  A WIRED investigation and federal citations show how first aid clinics in Amazon warehouses sometimes direct injured employees …
Alexandra Alter / New York Times:
The Authors Guild, the American Booksellers Association, and the Open Markets Institute urge the DOJ and the FTC to investigate Amazon's book market “monopoly”  —  The online retailer's size and sway affects the free exchange of ideas, the groups argue.
Elizabeth Howcroft / Reuters:
PayPal plans to “temporarily pause” letting UK users buy crypto from October 1, to work on complying with new regulations, and restart support in “early 2024”  —  Payments giant PayPal (PYPL.O) will stop allowing UK customers to buy cryptocurrencies through its platform …

Sponsor Posts

Okara:
Meet Okara, the AI platform that doesn't train on your data  —  Chat with 30+ open-source models (Llama, Kimi, Qwen, DeepSeek) through encrypted infrastructure.  Used by teams handling proprietary code and strategy.
Soxton:
AI-powered law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
Zoho:
Pro tips: 5 ways to simplify invoicing and payments in Zoho Books  —  Many businesses still rely on manual processes to collect payments and reconcile invoices.  This often results in delayed payments …
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.
Sponsor Techmeme

Featured Podcasts

Lenny's Podcast:
 Marc Andreessen: The real AI boom hasn't even started yet
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
The Nick, Dick and Paul Show:
 The Wellness Industry Pt. 1
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Invest Like the Best:
 Gokul Rajaram - Lessons from Investing in 700 Companies
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Big Technology Podcast:
 Is AI Killing Software? — With Bret Taylor
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
 Running a Newsroom in Minneapolis + How to Make a Game of Thrones For Less
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Tools and Weapons with Brad Smith:
 Special Edition: Key findings from the Microsoft AI Diffusion Report
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:20 PM ET, August 16, 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

Max Tani / Semafor:
To avert layoffs, WaPo's White House correspondents, not considered at risk, write a letter to Jeff Bezos highlighting collaborations among the paper's sections

Wall Street Journal:
Sources: Barry Diller expressed interest in buying CNN in H1 2025, before WBD said it would spin off cable networks; a WBD spokesman says CNN is not for sale

Mark Stenberg / Adweek:
Atlas Obscura reports $18.3M in revenue in 2025 and a $2.6M profit, the first annual profit in its 16-year history, in the first year under CEO Louise Story

More News

Arjun Kharpal / CNBC:
Tencent reports Q2 revenue up 11% YoY to ~$20.6B, below ~$20.8B est., and operating profit up 37% YoY to ~$6.9B, driven by benefits from cost cutting in 2022
Yuka Hayashi / Wall Street Journal:
The US Commerce Department forms a team of financiers from Goldman Sachs, Blackstone, KKR, and other Wall Street firms to help allocate $39B in chip subsidies

Earlier Picks

Jay Peters / The Verge:
Some users of X Pro, formerly TweetDeck, see an X Blue paywall when trying to use the tool; on July 3, X said that X Pro would be subscriber-only “in 30 days”
Jesse Hamilton / CoinDesk:
GOP House Financial Services Committee lawmakers demand that SEC Chair Gary Gensler explain how Prometheum won its unique approval as a broker-dealer for crypto
Chelsey Cox / CNBC:
At a White House roundtable, the US Consumer Financial Protection Bureau touts Fair Credit Reporting Act rules to crack down on harmful data broker practices
Ash Parrish / The Verge:
Xbox debuts a strike-based enforcement program, to improve “player transparency” and clear up confusion; eight strikes over six months results in a one-year ban
Reed Albergotti / Semafor:
OpenAI says the company has been using GPT-4 to enforce its content policies and says some of its customers are already using the LLM for content moderation
Sarah Perez / TechCrunch:
Google adds an experimental browsing feature that summarizes page content to Search Generative Experience, first in the Google mobile app for Search Labs users
Abner Li / 9to5Google:
YouTube updates YouTube Music on iOS and Android with Samples, a music discovery feed featuring vertically cropped, 30-second clips uploaded directly by artists
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter