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Techmeme
August 27, 2023, 9:15 PM
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Top News

Mark Gurman / Bloomberg:
Sources: Apple is planning a new iPad Pro for 2024, the device's first major overhaul since 2018, featuring an M3, OLED display, and a revamped Magic Keyboard  —  Apple is working on a revamped iPad Pro for next year, aiming to shake up a tablet market that's deep in the doldrums.
Benedict Evans:
A look at the ethical and legal issues around generative AI, which makes things that were previously only possible on a small scale practical at a massive scale  —  We've been talking about intellectual property in one way or another for at least the last five hundred years …
Zack Whittaker / TechCrunch:
Hackers breached WebDetetive, an Android spyware app used mainly in Brazil, and deleted victims' stolen data; Poland-based LetMeSpy was similarly hacked in June  —  The Portuguese-language app WebDetetive was used to compromise over 76,000 phones to date  —  A Portuguese-language spyware …
Bloomberg:
Didi says it has agreed to sell its smart car development arm to Xpeng, one of China's largest EV makers, for ~$744M  —  Didi Global Inc. has agreed to sell its smart car development arm to Xpeng Inc. for HK$5.84 billion ($744 million), exiting a promising business in the world's largest electric vehicle market.
Roger Montti / Search Engine Journal:
WordPress.com debuts a 100-year domain name registration for $38K, offering managed hosting and 24/7 customer service; domains are typically capped at 10 years  —  WordPress announces the availability of 100-year domain name registrations that include 24/7 assistance and managed web hosting
James Hunt / The Block:
A Pepe memecoin team member says three former colleagues stole ~16T Pepe tokens worth $15M from the project's multisig before selling them on crypto exchanges  —  - Approximately 16 trillion Pepe tokens ($15 million) were illicitly transferred to crypto exchanges OKX, Binance …
Clive Cookson / Financial Times:
A look at the UK's new DARPA-inspired Advanced Research and Invention Agency (ARIA), which has a four-year £800M budget to invest in breakthrough tech like AI  —  Head of Advanced Research and Invention Agency tells FT it has appointed directors charged with selecting projects
Stephen King / The Atlantic:
Stephen King reflects on his books being used for AI training, arguing the sum is lesser than its parts, so far, as creativity can't happen without sentience  —  One prominent author responds to the revelation that his writing is being used to coach artificial intelligence.  —  Self-driving cars.
Wes Davis / The Verge:
Linus Tech Tips founder Linus Sebastian addresses the theft allegations and ethical missteps, but not sexual harassment claims, that prompted a production pause  —  Linus Media Group (LMG) founder Linus Sebastian explained LMG's HR policies and how it will improve accuracy and ethics in a video posted to YouTube last night.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:15 PM ET, August 27, 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

Kerry Flynn / Axios:
Samba TV raised up to $60M in venture debt to scale through acquisitions and new AI-powered measurement tools; Samba previously raised $69M in equity funding

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

More News

Natasha Singer / New York Times:
Despite cheating and misinformation fears, some US schools that once raced to block AI chatbot access are now encouraging teachers and students to use them
Ana Paula Pereira / Cointelegraph:
Nansen: ~90% of PayPal's stablecoin is held in issuer Paxos Trust's wallets, suggesting a “lack of demand from crypto users for PYUSD” that launched on August 7
Joe Wituschek / BGR:
X launches a private beta of X Hiring, a job posting feature for verified organizations, allowing them to “organically reach millions of relevant candidates”
Emily Baker-White / Forbes:
Sources: at TikTok, Oracle staff reviewing the app's source code sit at desks beneath TikTok-controlled cameras, a requirement directly from China's government

Earlier Picks

Jonathan Greig / The Record:
Cisco Talos: North Korea-backed Lazarus is using a new malware variant to target internet backbone infrastructure and health care entities in Europe and the US
Jack Schickler / CoinDesk:
Hackers access some customer data at FTX, Genesis, and BlockFi by SIM swapping an employee of Kroll, which manages creditor claims for the bankrupt companies
Dan Primack / Axios:
Instacart files for a US IPO, reports 2022 revenue up 39% YoY to $2.55B, $428M net income, up from a $73M loss in 2021, and H1 2023 revenue up 31% YoY to $1.48B
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
Wall Street Journal:
The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026
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