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August 18, 2023, 12:35 PM
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MK Manoylov / The Block:
OpenSea plans to make creator fees optional for new collections from August 31, and enforce creator fees on certain existing collections through February 2024  —  - OpenSea has opted to make creator fees optional for new collections, starting in September.  — The platform will disable …
Jay Peters / The Verge:
Meta updates Threads with a Repost tab on users' profile pages and adds reposts to the reverse-chronological “Following” feed  —  Threads is adding reposts (aka retweets) to its reverse-chronological “Following” feed, Instagram head Adam Mosseri announced in a Threads post on Thursday.
David Jeans / Forbes:
London-based credit card processor Checkout.com abruptly terminates its contract with Binance citing reports of regulatory actions and money laundering concerns  —  Checkout.com, the London-based credit card processing company that ballooned its business model by servicing billions …
Zeke Faux / Bloomberg:
A book excerpt traces “wrong number” texts to Chinese gangs in Cambodia and Myanmar that use forced labor to run pig butchering scams involving Tether  —  The mysterious WhatsApp message arrived one night in August 2022, while I was out at a bar with a friend: “Hi David, I'm Vicky Ho don't you remember me?”
Simon Sharwood / The Register:
PE firm EQT plans to take the German software company SUSE private at €16/share, below the €30 price of its 2021 IPO but above Thursday's closing price of €9.6  —  Buyout offer is at €16 per share, compared to €30 at its 2021 IPO  —  Linux-loving software house SUSE …
Zeba Siddiqui / Reuters:
Mandiant: the use of AI to conduct politically-motivated online influence campaigns has grown in recent years, but the impact of such campaigns has been limited  —  Google-owned U.S. cybersecurity firm Mandiant said on Thursday it had seen increasing use of artificial intelligence (AI) …
Taylor Hatmaker / TechCrunch:
Twitch plans to roll out a long-requested anti-harassment feature in the next few weeks, letting streamers block banned users from watching streams  —  Twitch's chat ban tools have been around for ages, but the platform is about to hand streamers a way to control who can watch a stream to begin with.
Kevin McLaughlin / The Information:
Sources: Meta is preparing to release “Code Llama”, a free code-generating AI model based on Llama 2, as soon as next week  —  Meta Platforms is preparing to launch software to help developers automatically generate programming code, a challenge to proprietary software from OpenAI …
Ingrid Lunden / TechCrunch:
Viome, which sells supplements to customers based on AI-based assessments of their microbiomes, raised an $86.5M Series C, bringing its total funding to $175M  —  Research on the human microbiome — microorganism communities that live in a part of your body such as your mouth or gut …
More: GeekWire
CNN:
Lyft and Uber threaten to leave Minneapolis if the mayor signs a minimum wage ordinance by August 23 mandating at least $1.40/mile and $0.51/minute for drivers  —  New York CNN —  —  Lyft and Uber threatened to stop doing business in Minneapolis after the city council adopted a new rule Thursday …
Bloomberg:
Email: Amazon is offering $12,500 to some creators for 500 videos, or $25 a video, for its TikTok-like shopping feed; creators typically charge $200+ per video  —  - Content creators typically charge more than $200 a pop  —  Amazon.com Inc., looking to amp up its TikTok-like shopping feed …
Ashley Carman / Bloomberg:
Internal doc: Spotify weighed removing white noise podcasts and redirecting users to “talk” content, which would boost the company's annual gross profit by €35M  —  An internal document shows that white noise podcasts account for 3 million daily consumption hours on the platform

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This is a Techmeme archive page. It shows how the site appeared at 12:35 PM ET, August 18, 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

New York Times:
Sources: Sony Pictures and Apollo Global formally express interest in acquiring Paramount for ~$26B; Paramount's negotiating period with Skydance ends May 3

Clare Malone / New Yorker:
A look at Hunterbrook, whose hedge fund makes trades based on investigations by its newsroom, and well-connected founders Sam Koppelman and Nathaniel Horwitz

Sohee Kim / Bloomberg:
Indonesia's Vidio, a local streaming competitor to Netflix, aims to double its paid subscribers to 8M in the next two to three years ahead of an IPO

More News

Kyle Wiggers / TechCrunch:
ProjectDiscovery, a free vulnerability scanning service that monitors websites, apps, APIs, and cloud services for exploits, raised a $25M Series A led by CRV
Nikhilesh De / CoinDesk:
A group of crypto investors and developers loses its Coinbase-funded lawsuit arguing that the US Treasury overstepped its authority in sanctioning Tornado Cash

Earlier Picks

Sara Ashley O'Brien / Wall Street Journal:
Nonprofit Garbo plans to drop its background checking tool used by Match Group's apps on August 31, saying most tech companies “see trust and safety as good PR”
Tom Warren / The Verge:
Microsoft plans to close its Xbox 360 Store and Xbox 360 Marketplace on July 29, 2024, meaning users will no longer be able to buy games, DLC, avatars, and more
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