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Techmeme
September 11, 2023, 4:45 PM
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Top News

Bloomberg:
Qualcomm says Apple extended its modem deal to “smartphone launches in 2024, 2025, and 2026”, instead of ending in 2023, suggesting Apple's own modem is delayed  —  - Pact between the companies had been scheduled to end this year  — The iPhone maker has been trying to create its own components
WABetaInfo:
WhatsApp releases an Android beta that adds a “Third-party chats” screen, revealing how Meta plans to comply with the EU's DMA chat interoperability regulations  —  WhatsApp is rolling out a new update through the Google Play Beta Program, bringing the version up to 2.23.19.8.
Taylor Lorenz / Washington Post:
Tests show Threads' new search function blocks words like “sex”, “gore”, and “vaccines”; Meta admits “covid” is a blocked term but declines to disclose others  —  Public health experts expressed anger with the platform's moderation policies …
Reuters:
Filing: Instacart aims to raise up to $616M in its IPO at an up to $9.3B valuation and prices shares at $26 to $28; the listing is expected later in September  —  Instacart is aiming for a valuation of up to $7.73 billion, the grocery delivery company said on Monday, in its march toward …
Reuters:
Sources: seeking to shore up its finances, Embracer is considering its options for US-based Borderlands developer Gearbox, acquired for $1.4B in February 2021  —  Embracer (EMBRACb.ST) is considering options for its U.S. game developer Gearbox Entertainment including a sale …
Jack Schickler / CoinDesk:
Filing: FTX's estate has now marshalled ~$7B in assets, including $2.6B in cash, $1.16B in solana, $560M in bitcoin, and ~$200M in 38 properties in the Bahamas  —  The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year.  —  Register Now
Zack Abrams / The Block:
FTX sues cross-chain swap protocol builder LayerZero Labs, seeking to undo a $45M deal made four days before FTX filed for bankruptcy and $40M+ in withdrawals
Hunter Walk:
Why there has never been a better time to be an online creator: it might be harder than ever to earn $1M per year, but it has never been easier to make $50K  —  I judge the health of the creator economy by one single controversial factor: ease of access and probability of survival for its participants.
Zac Bowden / Windows Central:
Microsoft drops software support for the first-generation Surface Duo, three years after its launch; the Android smartphone received only two major OS updates  —  On its third birthday, the original Surface Duo is no longer supported by Microsoft.  —  What you need to know
Wall Street Journal:
A competition between Wharton MBA students and ChatGPT that judges generating ideas for a new product or service finds that 35 of the top 40 came from ChatGPT  —  We put humans and AI to the test.  The results weren't even close.  —  How good is AI in generating new ideas?
Melanie Mitchell / AI: A Guide for Thinking Humans:
A look at whether LLMs reason, the downsides of “chain of thought”, how models might solve problems without reasoning, and evaluating LLMs for general reasoning  —  What should we believe about the reasoning abilities of today's large language models?

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From Mediagazer

Ryan Glasspiegel / Front Office Sports:
Sources: the NFL and YouTube are in advanced talks for a five-game package; deal price and duration were not immediately known

David Folkenflik / NPR:
NPR receives two of its largest ever gifts: $80M for innovation in use of digital tech and $33M to build and buy tools to be shared with US public media orgs

Katie Robertson / New York Times:
Notus will rename itself The Star and relaunch in early June as it adds local news and sports coverage; source: Robert Allbritton will add ~$30M to its funding

More News

Gillian Tett / Financial Times:
An interview with Walter Isaacson on Elon Musk, the new biography, why Musk agreed, the Twitter acquisition, Musk being “driven by demons”, surprises, and more
Andy Robinson / Video Games Chronicle:
Nintendo and DeNA tell Mario Kart Tour users that the mobile game won't be updated after October 4, 2023, hinting at Nintendo's lessening focus on mobile titles

Earlier Picks

Manish Singh / TechCrunch:
Coinbase says the company disabled sign-ups in India in June but remains committed to the country, after emailing users about ceasing operations on September 25
Max Tani / Semafor:
NewsWhip data on 300K influential X users: X is throttling posts with New York Times links, with “weekly average shares per article” down 75%+ from a July peak
Wall Street Journal:
Sources: Meta plans to begin training a new LLM in Q1 2024 on its own infrastructure and hopes the model will be roughly as capable as OpenAI's GPT-4
Molly White / Web3 is Going Just Great:
Vitalik Buterin's X account was hacked to promote a crypto scam, leading to an estimated $650K+ of assets being stolen; the tweet was deleted within 20 minutes
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