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September 14, 2023, 5:25 AM
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Dan Primack / Axios:
Arm prices its 95.5M shares at $51 a piece, raising $4.87B in 2023's largest IPO so far and giving the company a fully diluted valuation of ~$54.5B  —  Arm, the British chip design giant controlled by SoftBank, has raised nearly $5 billion in its initial public offering.
Suzanne Rowan Kelleher / Forbes:
MGM Resorts' website is still down over 60 hours after being hit by a cyberattack; ransomware-as-a-service group ALPHV, aka BlackCat, reportedly took credit  —  The ALPHV/BlackCat ransomware group claimed responsibility for a breach that began, of all places, on LinkedIn.
William Turton / Bloomberg:
Sources: Caesars Entertainment paid tens of millions of dollars to hackers who breached the company's systems in recent weeks and threatened to release the data  —  - Hackers stole data, extorted company, people familiar said  — Caesars breach came in weeks before MGM announced cyberattack
Alex Ivanovs / Stack Diary:
Chrome, Firefox, Brave, and Edge get updates to address an actively exploited flaw in the WebP Codec's library libwebp; many non-browser apps are also affected  —  A significant vulnerability in the WebP Codec has been unearthed, prompting major browser vendors, including Google and Mozilla …
Wall Street Journal:
The US Senate's AI Insight Forum: Elon Musk warned of AI risks, Mark Zuckerberg defended open source, all guests agreed the US needs to regulate AI, and more  —  Tech leaders debate perils and possibilities of artificial intelligence at closed-door Senate session
Louise Matsakis / Semafor:
Google cuts hundreds from its global recruiting team, saying “the volume of requests for our recruiters has gone down”, but plans to keep a significant majority  —  Google is laying off hundreds of people across its global recruiting team as hiring at the tech giant continues to slow.
Kat Bailey / IGN:
Unity acknowledges the “confusion and frustration” about its planned install fees but argues that “more than 90% of our customers will not be affected”  —  Platform holder claims “90 percent of users” won't be affected by change.  —  Game developers are still furious …
Jez Corden / Windows Central:
Unity announces fees based on a game's installations and the developer's plan tier, starting on January 1, 2024, joining Unreal Engine, which has similar fees
More: Game Developer, Ars Technica, garry.net, 404 Media, Axios, GamesIndustry.biz, Unity Forum, GamingBolt, GoNintendo, Video Games Chronicle, GameSpot, ExtremeTech, TechSpot, Forbes, and Game Developer
Threads: @quillmatiq, @migueldeicaza, @tomwarrenuk, and @joreljordan
Mastodon: @segphault@mastodon.social, @gamingonlinux@mastodon.social, @wiverson@mas.to, @vampiress@eigenmagic.net, @shibacomputer@post.lurk.org, @Toadsanime@mas.to, @vampiress@eigenmagic.net, and @helvetica@mastodon …
Bluesky: @carlivelocci.com, @holdenlink.bsky.social, @syus.bsky.social, and @slawadeisling.bsky.social
X: @aggrocrabgames, @innerslothdevs, @unity, @stephentotilo, @massivemonster, @desolusdev, @writnelson, @scotttrichmond, @mikeisaac, @tomwarren, @tkexpress11, @henryhoffman, @eric_seufert, @eric_seufert, @tha_rami, @samueldeats, @madewithgodot, @tempolabgames, @dgoodayle, @zaccacts, @jesawyer, @necrosofty, @tafferking451, @mikeisaac, @docsquiddy, @stephentotilo, @theswweet, @adamatomic, @willmesilane, @madscientist212, @tha_rami, @patstaresat, @chrisdeleon, @jacobjanerka, @duskdev, @necrosofty, @succinct_punchy, @mkatorin, @alexstrook, @larsiusprime, @komegatze, @kriswolfheart, @tha_rami, @lazerwalker, @dominictarason, @lazerwalker, @edmondtran, @mortredenjoyer, @kriswolfheart, @kenneynl, @comrade_waluigi, @unity, @mikeisaac, @pimdewitte, @kurtruslfanclub, @chronotope, @henryhoffman, @migueldeicaza, @philippseifried, @alykkat, and @stephentotilo.  LinkedIn: Rami Ismail
Forums: r/gamedev, r/gamedev, r/thelongdark, r/KotakuInAction, r/gachagaming, r/Suikoden, r/XboxSeriesX, r/wildrift, r/LegendsOfRuneterra, r/gamedev, r/gaming, r/Genshin_Impact, r/ThePrimeagenReact, r/technology, r/lewdgames, r/Shadowverse, r/limbuscompany, and r/TwoBestFriendsPlay
Sarah Perez / TechCrunch:
Amazon announces generative AI tools to help sellers write “captivating product descriptions, titles, and listing details” and add to existing descriptions  —  Amazon today introduced a new set of generative AI tools aimed at sellers which the retailer says will simplify the process of creating product listings.
Wall Street Journal:
Docs: Starlink reported $1.4B in 2022 revenue, up from $222M in 2021, falling short of projections in 2015, as some question satellite internet's growth options  —  Revenue at Elon Musk's satellite-internet business has jumped but has fallen short of plans  —  SpaceX's satellite-internet division …
Taylor Lorenz / Rolling Stone:
Extremely Online book excerpt: how Julia Allison invented the concept of a content creator in the mid-2000s, for which journalists and others villainized her  —  In her book ‘Extremely Online,’ journalist Taylor Lorenz details how Julia Allison invented the concept of being a content creator a decade before it caught on
Bloomberg:
The White House is watching China expand its government ban on iPhones “with concern” and says the move appears to be “aggressive and inappropriate retaliation”  —  - National Security Council is watching issue with concern  — Beijing cites problems with the security of Apple devices
Reuters:
The US SEC says the creator of Stoner Cats NFTs, which raised $8.2M, agreed to pay a $1M fine for an unregistered offering and plans to return investors' money  —  The creator of the popular Stoner Cats animated web series will pay a $1 million civil fine to settle U.S. Securities …
Mariana Lenharo / Nature:
Researchers develop RETFound, an AI tool capable of predicting the risk of ocular diseases, heart failure, Parkinson's disease, and more based on retinal images  —  Scientists have developed an artificial intelligence (AI) tool capable of diagnosing and predicting the risk …
Dan Taylor / Tech.eu:
Tallinn-based digital forensics and incident response tools provider Binalyze raised a $19M Series A led by Molten Ventures, taking its total funding to ~$30M  —  Binalyze, a London-based cybersecurity firm, raises $19 million in Series A funding to expand its digital forensics and incident response solutions in the market.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:25 AM ET, September 14, 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

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

More News

Isaac Schorr / Mediaite:
Bio: Elon Musk told Bari Weiss that Twitter needs to be careful when discussing China due to Tesla's business, and that China's Uyghur repression has two sides
Cecilia D'Anastasio / Bloomberg:
Former FaZe Clan staff describe a mismanaged creator organization, as its market cap falls from $725M at its 2022 SPAC merger to below $15M; FaZe fired its CEO
Sean Michael Kerner / VentureBeat:
Stability AI announces its text-to-music tool Stable Audio, which can generate 20 45-second tracks per month for free or 500 90-second tracks for $12/month

Earlier Picks

Frederic Lardinois / TechCrunch:
Adobe makes Firefly generally and commercially available in Creative Cloud and other services, and announces “generative credits” to charge for Firefly access
Tim Starks / Washington Post:
Researchers: the iPhone of Meduza owner Galina Timchenko was infected with Pegasus in Germany, the first known case of the tool being used against a Russian
Emma Roth / The Verge:
WhatsApp rolls out Channels to users in 150+ countries, after introducing the broadcasting feature in June 2023 in Colombia and Singapore, and adds improvements
Tim Hardwick / MacRumors:
Apple does not plan to sell its new AirPods Pro USB-C charging case as a standalone product; users instead need to buy a new $249 pair that come with the case
Reuters:
After France ordered Apple to stop selling the iPhone 12 over its high radiation levels, Apple says multiple bodies certified the device as radiation compliant
Tom Ivan / Video Games Chronicle:
Sony releases a PS5 software update that adds support for Dolby Atmos HDMI devices, assigning a second controller as an “assist controller”, and up to 8TB SSDs
Justine Calma / The Verge:
Apple's environmental announcements, including its first carbon-neutral products, show progress but may be a red herring that distracts from its overall impact
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