Techmeme
September 21, 2023, 9:15 AM

Top News

Wall Street Journal:
Sources: Apple spent billions of dollars developing a modem chip for the new iPhones to cut ties with Qualcomm, but the chip was slow and prone to overheating  —  The company set out to design a silicon chip that would allow it to cut ties with Qualcomm, a longtime supplier and bitter foe
Molly Schuetz / Bloomberg:
Cisco plans to acquire cybersecurity company Splunk for $157 per share in cash, up 31% on Splunk's September 20 closing price, in a deal valued at ~$28B  —  Cisco will pay $157 a share in cash, the companies said in a statement Thursday.  That represents a 31% premium to Splunk's previous closing price on Wednesday.
Jason Schreier / Bloomberg:
Korean game publisher Krafton says Dead Space developer Striking Distance's CEO Glen Schofield, COO, and CFO are leaving, months after its new game flopped  —  Video-game developer Striking Distance Studios, a subsidiary of Korean publisher Krafton Inc., is appointing new management several months …
Allison Johnson / The Verge:
Apple's FineWoven accessories and iPhone cases are really bad: they are expensive, quickly show wear, and scratch very easily, leaving seemingly permanent marks  —  Apple's new FineWoven iPhone cases and accessories are bad.  Like, really bad.  I've been puzzling over them for the past week, looking at them from different angles.
Wired:
Documents show that up to a dozen of Neuralink's primate subjects were euthanized after suffering complications; Elon Musk says no primates died due to implants  —  Elon Musk says no primates died as a result of Neuralink's implants.  A WIRED investigation now reveals the grisly specifics …
Mariam Sunny / Reuters:
Ina Fried / Axios:
Jay Peters / The Verge:
Meta updates Facebook's “identity system”, including a new logo to confidently express the platform's “core blue color”, and refines Facebook's emoji Reactions  —  Meta is updating Facebook's “identity system,” and that includes a dramatically refreshed logo.  —  Just kidding!
Frederic Lardinois / TechCrunch:
GitHub expands Copilot Chat beta in Visual Studio and VS Code to individual subscribers, after launching the tool for business users in July 2023  —  Three months ago, GitHub launched Copilot Chat, its ChatGPT-like programming-centric chatbot, out of private preview by making it available …
Bloomberg:
The DOJ removes public access to Google's emails, charts, and internal presentations that had come out as evidence in the antitrust lawsuit against the company  —  Trial is already limited in visibility to those who personally attend court … Google had challenged the government's posting …
The Verge:
Everything Amazon announced at its product event: Alexa Emergency Assist for $6/month, the Alexa Eye Gaze accessibility feature, the $50 Echo Pop Kids, and more  —  Amazon is kicking off its annual fall product announcements at its HQ2 campus in Arlington, Virginia.
Jennifer Pattison Tuohy / The Verge:
Kyle Wiggers / TechCrunch:
Jonathan Weil / Wall Street Journal:
Tether confirms resuming lending its stablecoins to customers, less than a year after saying it would end such loans; $5.5B of its assets were loans on June 30  —  Cryptocurrency issuer had said it would cut loans to zero in 2023  —  Tether Holdings resumed lending out its own stablecoins to customers …
Keisha Oleaga / nft now:
A look at AI-generated geometric art crafted using Stable Diffusion and ControlNet, a neural network structure that adds extra conditions to diffusion models  —  This past weekend, a new kind of artwork made waves across the Internet: AI-generated spiral art.
Dana Mattioli / Wall Street Journal:
In its Prime lawsuit, the FTC alleges that three Amazon executives played key roles in enrolling customers unwittingly and making canceling subscriptions hard  —  Federal agency alleges Amazon executives were aware of enrolling customers unwittingly and erecting intentional hurdles to cancellation

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Earlier Picks

Mary Ann Azevedo / TechCrunch:
Bloomberg:
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