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Techmeme
August 16, 2023, 7:30 AM
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Top News

Washington Post:
X added five-second delays, some now removed, on t.co links to Instagram, Facebook, Threads, Bluesky, Substack, the NYT, Reuters, and other sites Musk attacks  —  The site formerly known as Twitter has added a five-second delay when a user clicks on a shortened link to the New York Times …
Jay Peters / The Verge:
Users of XPro, previously TweetDeck, report encountering paywalls to use the service; X said on July 3 that “in 30 days” XPro would be a subscriber-only feature  —  X, the social network formally known as Twitter, appears to be finally following through on its promise to make TweetDeck a paid service.
Andrew Paul / Popular Science:
To comply with a state law requiring that school library books be “age appropriate”, an Iowa school district used ChatGPT to find books depicting “a sex act”  —  Faced with new legislation, Iowa's Mason City Community School District asked ChatGPT if certain books 'contain …
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  —  ChatGPT creator OpenAI has been using its most advanced large language model to enforce the company's content policies …
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.
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  —  Google today is rolling out a few new updates to its nearly three-month-old Search Generative Experience (SGE) …
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  —  Today, a new strike-based enforcement program is coming to Xbox.  The system is meant to clear up confusion regarding …
Ian King / Bloomberg:
Intel terminates its $5.4B deal to acquire Israeli company Tower Semiconductor after failing to win regulatory approval; the deal was announced in February 2022  —  - $5.4 billion deal scrapped after China didn't sign off  —  Intel Corp. said it's walking away from its attempt …
WABetaInfo:
WhatsApp beta for Android now lets a limited group of testers use generative AI to create custom stickers; inappropriate stickers can be reported to Meta  —  WhatsApp is rolling out a new update through the Google Play Beta Program, bringing the version up to 2.23.17.14.  —  What's new in this update?
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  —  Patrick McHenry, the chairman of the House Financial Services Committee, rounded up all of his panel's Republicans to question …
Yuka Hayashi / Wall Street Journal:
The US Commerce Department has built a team of people from Goldman Sachs, Blackstone, KKR, and other Wall Street firms to help allocate $39B in chip subsidies  —  Talent from Goldman Sachs, KKR and Blackstone will help determine how $39 billion in semiconductor chip subsidies are allocated
Hannah Miller / Bloomberg:
Crypto key startup BitGo raised $100M at a $1.75B valuation from undisclosed 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.
More: The Block
Helene Braun / CoinDesk:
Binance plans to shut down its fiat-to-crypto service Binance Connect, formerly known as Bifinity, that supported payment methods including Visa and Mastercard  —  The service was rolled out in March last year, in an effort to make traditional financial companies “crypto-ready.”
Rick Porter / The Hollywood Reporter:
Nielsen: in July, linear TV made up less than 50% of all US TV usage, a first in over two years of tracking, and streaming hit a record 38.7% high of TV usage  —  Nielsen's monthly platform rankings show broadcast and cable making up less than half of all TV use.
Wall Street Journal:
Analysis: the average price of major ad-free streaming services is up nearly 25% in about a year, as companies try to push users toward ad-supported tiers

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:30 AM 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

Committee to Protect Journalists:
After the building fire, Hong Kong summoned AFP, FT, NYT, AP, Bloomberg, and WSJ journalists, telling them to avoid “trouble making”, and arrested a commentator

Alex Weprin / The Hollywood Reporter:
The Academy reports fiscal 2025 revenues of $269.2M, up from $263.1M in 2024, after cutting expenses from $220.1M to $208.1M; Oscars revenue grew to $150.5M

Matt Donnelly / Variety:
A look at the auction for the Oscars' TV rights, as sources say Netflix is out, NBCUniversal gains ground, and YouTube and ABC remain active bidders

More News

Kif Leswing / CNBC:
Apple backtracks and moves the “end call” button back to the middle of the screen, from the bottom-right corner, in the latest iOS 17 beta
Financial Times:
Internal documents: India accounts for $10B of Foxconn's annual revenue, or 4.6% of its 2022 revenue, as its India push shows the limits of “China plus one”

Earlier Picks

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
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
Malcolm Owen / AppleInsider:
Setapp, known for its Mac and iOS app subscription service, plans to open an alternative iOS and iPadOS app store in 2024 in the EU, taking advantage of the DMA
Jon Porter / The Verge:
YouTube starts mass removing videos promoting “cancer treatments proven to be harmful or ineffective” or discouraging “seeking professional medical treatment”
Timmy Shen / The Block:
Filing: BAM Trading, which runs Binance.US, seeks a protective order limiting the US SEC to four depositions and accusing the agency of “a fishing expedition”
Jay Peters / The Verge:
Netflix begins a “limited beta test” of its cloud-streamed games on the web, TVs, and streaming devices from Roku, LG, Amazon, and more, in Canada and the UK
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