Open Links In New Tab
Mobile Archives Advertise Site News Contact Editors
Techmeme
August 25, 2023, 1:15 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Natasha Lomas / TechCrunch:
The EU's DSA goes into effect, forcing platforms like Facebook, Instagram, YouTube, and TikTok to let users opt out of profiling-based content recommendations  —  Internet users in the European Union are logging on to a quiet revolution on mainstream social networks today: The ability to say ‘no thanks’ to being attention hacked by AI.
Wall Street Journal:
US Treasury proposes new rules treating crypto exchanges more like stockbrokers, requiring them to report crypto gains to the IRS, starting in 2026  —  Long-delayed regulations would treat crypto platforms more like brokers who handle stocks and mutual funds
Yueqi Yang / Bloomberg:
Mastercard and Binance plan to end their card partnership in Latin America and Middle East on September 22; Visa stopped issuing Binance cards in Europe in July  —  - Visa halts issuing new Binance Card while Mastercard ends pact  — Crypto exchange under legal and regulatory challenges globally
Ariel Bogle / The Guardian:
The New York Times, CNN, Reuters, and other outlets block OpenAI's GPTBot web crawler from accessing their content; some have also blocked Common Crawl's CCBot  —  Chicago Tribune and Australian newspapers the Canberra Times and Newcastle Herald also appear to have disallowed web crawler from maker of Chat GPT
AJ Vicens / CyberScoop:
Microsoft says Flax Typhoon, a hacking group active since mid-2021 with suspected Beijing ties, is targeting dozens of organizations in Taiwan, and elsewhere  —  A group dubbed Flax Typhoon has targeted “dozens” of Taiwanese organizations, according to new research from Microsoft.
Julian Chokkattu / Wired:
Citizen suspends sales of its $350+ CZ Smart smartwatch, launched on May 1; review units had serious issues, like screen freezing and inaccurate tracking data  —  The second-generation CZ Smart launched a few months ago.  Both the company and reviewers have found serious technical issues.
Ryan Smith / AnandTech:
AMD announces new Radeon RX 7000 series video cards, the $449 RX 7700 XT and the $499 7800 XT, based on its new Navi 32 GPU and aimed at the 1440p gaming market  —  With the Gamescom convention taking place in Germany this week, AMD is using Europe's largest video game trade show as the venue …
Manish Singh / TechCrunch:
Grocery delivery startup Zepto raised a $200M Series E led by StepStone at a $1.4B valuation, India's first 2023 unicorn and taking its total funding to ~$560M  —  Instant grocery delivery startup Zepto has raised $200 million in a new funding round at a valuation of $1.4 billion, it said Friday …
David Jeans / Forbes:
NYC-based digital lender Better.com closed down 94% in its Nasdaq debut on August 24, after a SPAC merger with Aurora Acquisition Corp  —  Once valued at $7.7 billion, Vishal Garg's SoftBank-backed company faced a cratering stock price and no plans for profitability as it went public Thursday via a SPAC merger.
Sahil Patel / The Information:
Sources: Amazon has had early talks with Disney about working on a streaming version of ESPN, possibly helping with distribution while taking a minority stake  —  Amazon has had early talks with Disney about working on the streaming version of ESPN it is developing, said people familiar with the matter.

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics  —  Equals AI turns questions about your business into auditable spreadsheet models and dashboards.  Build once, iterate for years.
Zoho:
The Zoho Sign app for Microsoft Windows  —  Zoho Sign is a trusted platform for digital signatures, helping businesses of every size send, sign, and manage documents with speed, security, and legal confidence.
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

Grit:
 The Sales Framework Every Founder Needs | Mark Roberge
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
 How tech workers actually feel about AI in 2026 | Annual AI sentiment survey (Noam Segal)
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.
Big Technology Podcast:
 OpenAI Finally Ships Its Superapp, Meta's AI Price War, ChatGPT Cheating At Brown
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.
The Upstarts Podcast:
 Radical AI's Joseph Krause: The Scientist Building The 'Waymo' Lab For New Materials
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Hard Fork:
 Do Social Media Bans Work? + A Conversation About A.I. Consciousness + Tool Time
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Tools and Weapons with Brad Smith:
 Connecting the Unconnected: Doreen Bogdan-Martin
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 1:15 PM ET, August 25, 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: the White House directed FBI Director Kash Patel to personally oversee the probe into NYT reporting about Air Force One, before subpoenas were issued

Brooks Barnes / New York Times:
Lionsgate's Michael crosses $1B at the global box office, its first film to reach the milestone, per Rentrak, reviving Hollywood's last major independent studio

The Guardian:
Christopher Nolan says there's a “disdain” for AI, the idea that it “replaces” human creativity is “nonsense”, and he expects it to be useful in “imaging tools”

More News

Charlize Alcaraz / BetaKit:
Toronto-based Ideogram raised a $16.5M seed led by a16z and Index Ventures and launches a beta of Ideogram AI, its generative AI-based text-to-image product

Earlier Picks

Abner Li / 9to5Google:
Meta rolls out its Threads web app to all users, featuring an app bar at the top with the same five tabs as in the mobile app; tapping Home refreshes the Feed
Suzanne Kapner / Wall Street Journal:
Shein acquires ~33% of Forever 21 parent company Sparc and Sparc takes a Shein minority stake, letting Shein sell Forever 21 items and operate inside its stores
Brody Ford / Bloomberg:
Dropbox ends its unlimited option, capping its “all the space you need” storage plan to 5TB, after some abused the tier by pooling storage, reselling, and more
Brendan Case / Bloomberg:
Walmart partners with Alphabet's Wing to test drone deliveries of up to six miles at two stores in the Dallas area, dropping off food and household essentials
Nathan McAlone / Insider:
OnlyFans reports revenue up 17% YoY to $1.1B in the FY to November 30, 2022, profit up 24% YoY to $404M, creators up 47% YoY to 3.2M, and users spent $5.6B
Emilia David / The Verge:
Meta debuts Code Llama, which can generate code and debug human-written work, under the same community license as Llama 2, free for research and commercial use
Foo Yun Chee / Reuters:
To comply with the EU's DSA, Google plans to expand its Ads Transparency Center and offer more info on EU targeted ads, give researchers more access, and more
Brian Heater / TechCrunch:
Apple voices its support for California's Right to Repair Act, which passed a Senate vote 38-0 in May 2023 and now awaits approval before a full assembly vote
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter