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August 24, 2023, 11:15 AM
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Top News

Tom Phillips / Eurogamer.net:
Q&A with Phil Spencer on growing Game Pass, Microsoft's mobile focus, streaming Starfield and other games on mobile, Xbox generations, console prices, and more  —  Phil Spencer on new hardware, price drops, mid-gen refreshes - and why the company won't ditch Series S.  —  Interview by Tom Phillips Editor-in-Chief
Brian Heater / TechCrunch:
Apple announces support for California's Right to Repair Act, which passed a Senate vote in May 2023 and now awaits approval before a full assembly vote  —  In a surprise move, Apple this week penned a letter to California state senator Susan Talamantes Eggman, voicing support for SB 244 …
Kif Leswing / CNBC:
Nvidia reports Q2 revenue up 101% YoY to $13.51B, vs. $11.22B est., Data Center revenue up 171% YoY to $10.32B, and authorizes a $25B buyback  —  - Nvidia's performance was driven by its data center business, which includes the A100 and H100 AI chips that are needed to build and run artificial intelligence applications like ChatGPT.
Erin Woo / The Information:
Sources: TikTok plans to bar links to Amazon and other e-commerce sites to force people to use TikTok Shop; source says Shop will lose $500M+ in the US in 2023  —  The cost of TikTok's online shopping expansion in the U.S. is beginning to add up.  —  TikTok Shop, the app's nascent shopping service …
David Gewirtz / ZDNet:
Google announces new security features for Workspace, including zero-trust, data loss prevention, and digital sovereignty controls, rolling out in 2023 and 2024  —  Google Workspace, your most secure choice in productivity suites, will be getting even more secure.
Irregular Ideas:
We are at the tail end of the first wave of LLM-based AI, which performs better than the average human in some tasks but is not enough and is expensive to train
Clive Cookson / Financial Times:
Research teams from the University of California, San Francisco and Stanford University use AI and electrodes to turn thoughts into speech via a lifelike avatar  —  Scientists use electrodes and AI programs to turn thoughts into speech via a lifelike avatar
Kris Holt / Engadget:
Epic Games announces the Epic First Run program, offering developers 100% of net revenue for six months if they launch games exclusively on the Epic Games Store  —  Games and apps in the Epic First Run program will also benefit from extra exposure on the storefront.
Dade Hayes / Deadline:
WBD plans to launch CNN Max, a 24/7 stream pulled from CNN's US and international feeds alongside some original content, in “open beta” on September 27 on Max  —  - Netflix Added 2.6M U.S. Subscribers In July, Continuing Advertising Momentum Amid Password-Sharing Crackdown, Study Finds
Katherine Ross / Blockworks:
The US DOJ charges Tornado Cash co-founders Roman Storm, of Washington, and Roman Semenov, a Russian national, with money laundering and sanctions violations  —  The inclusion of the Tornado Cash co-founder on the list marks an escalation of the US government's previous investigations into the crypto mixer
VideoCardz.com:
MSI shares an unlisted video confirming Intel's upcoming 14th Gen CPUs will see no major core count upgrades and will be 3% faster than 13th Gen CPUs on average  —  MSI unimpressed with 14th Gen Core series  —  MSI made a mistake of sharing an unlisted video which has now leaked out.
Kyle Wiggers / TechCrunch:
Hugging Face confirms it raised a $235M Series D from Salesforce, Google, Amazon, Nvidia, Intel, AMD, Qualcomm, and others, bringing its total raised to $395.2M  —  As first reported by The Information, then seemingly verified by Salesforce CEO Marc Benioff on X (formerly known as Twitter) …
Jack Schickler / CoinDesk:
Filings: FTX wants to begin selling, staking, and hedging its crypto holdings, valued at over $3B, and seeks to hire Mike Novogratz's Galaxy as an advisor  —  The bankrupt exchange wants to return funds to creditors in dollars without denting value.  —  Register Now

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This is a Techmeme archive page. It shows how the site appeared at 11:15 AM ET, August 24, 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

Seb Joseph / Digiday:
A look at Baller League, a six-a-side indoor soccer league of creator-managed teams streaming free on YouTube and Twitch and averaging 4M+ views on match day

Rebecca Davis O'Brien / New York Times:
Sources: the US EEOC is poised to sue the NYT over a white male employee's allegation that he was denied a sought-after promotion because of his race and gender

Deadline:
SAG-AFTRA and AMPTP have “reached a tentative agreement” on terms for a successor contract to their 2023 contracts; the deal is now headed for a board review

More News

Mat Di Salvo / Decrypt:
Crypto exchange Bitstamp plans to end its Ethereum staking service for US customers starting on September 25, citing “current regulatory dynamics in the US”
Andrew Cunningham / Ars Technica:
Atari unveils the $130 Atari 2600+ with HDMI and a slot for Atari 2600 and Atari 7800 cartridges, a $25 CX40+ joystick, and a $40 CX30+ paddle controller bundle

Earlier Picks

Emily Bary / MarketWatch:
Snowflake reports Q2 revenue up 36% YoY to $674M, vs. $662M est., net loss up 2% YoY to $227M, and projects Q3 product revenue of $670M to $675M, vs. $675M est.
Zac Bowden / Windows Central:
Sources: Microsoft is experimenting with bringing new AI capabilities to Windows 11 apps, like generating a canvas from text in Paint and OCR in Snipping Tool
Andrew E. Freedman / Tom's Hardware:
Qualcomm updates its lineup of processors for gaming handhelds, adding the G1 and G2 chips for cheaper devices and unveiling its flagship Snapdragon G3x Gen 2
Bo Moore / IGN:
Hands-on with Sony's PlayStation Portal: a slightly weird design, lighter than the Switch, expansive and vibrant 60Hz LCD display, no Bluetooth, and needs a PS5
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