Techmeme
October 4, 2023, 1:55 AM

Top News

Wall Street Journal:
Sources: Netflix plans to raise the price of its ad-free service a few months after the Hollywood actors strike ends, likely starting with the US and Canada  —  Company to become latest streamer to lift fees; Disney weighs launching new live-sports tier abroad
Kif Leswing / CNBC:
Nikhilesh De / CoinDesk:
A US judge rejects the SEC's motion to file an interlocutory appeal against July 2023's Ripple ruling and sets an April 2024 trial date to resolve other issues  —  XRP rallied about 5% following the decision.  —  Register Now  —  A federal judge has rejected the U.S. Securities …
Tom Warren / The Verge:
Microsoft unveils new OneDrive features, like Copilot integration coming in December, a Fluent design refresh for its web app, better offline support, and more  —  Microsoft is announcing the third generation of its OneDrive cloud storage today, complete with the company's AI-powered Copilot system …
Jef Feeley / Bloomberg:
A US judge rules X violated its duties to cover employee legal expenses and must pay $1.1M in fees to Parag Agrawal, Vijaya Gadde, and other former executives  —  - Former CEO, general counsel say Twitter stiffed them on fees  — X's lawyers said amount of fees sought was a ‘clear abuse’
The Information:
Sources: Anthropic is in talks to raise $2B+ from Google and others, at a $20B to $30B valuation, and projects generating $200M in revenue by the end of 2023  —  Anthropic, one of the main rivals of OpenAI, is in talks with investors to raise at least $2 billion in new funding …
Kalhan Rosenblatt / NBC News:
MrBeast asks whether social media platforms are “ready to handle the rise of AI deepfakes” after a deepfake scam TikTok ad, since deleted, used his likeness  —  MrBeast, whose real name is Jimmy Donaldson, called the rise of AI deepfakes “a serious problem” in response to a fake ad circulating online.
Bill Toulas / BleepingComputer:
Oligo Security finds since-patched RCE flaws in open-source AI model-serving tool TorchServe and vulnerable instances at tens of thousands of IP addresses  —  A set of critical vulnerabilities dubbed ‘ShellTorch’ in the open-source TorchServe AI model-serving tool impact tens of thousands …
János Allenbach-Ammann / Euractiv:
The European Commission starts collective risk assessments on advanced chips, AI, quantum, and biotech, the most sensitive areas for security and tech leakage  —  Content-Type:  —  News Based on facts, either observed and verified directly by the reporter, or reported and verified from knowledgeable sources.
Timi Cantisano / XDA Developers:
Samsung announces the 6.4" Galaxy S23 FE for $600, the 10.9" Galaxy Tab S9 FE for $450, the 12.4" Galaxy Tab S9 FE+ for $700, and the Galaxy Buds FE for $100  —  The Galaxy S23 FE, Tab S9 FE, and Buds FE usher in a new lineup of affordable Samsung products.  —  KEY TAKEAWAYS
David Pierce / The Verge:
The Browser Company updates Arc with GPT 3.5 and Anthropic features: Ask ChatGPT, Tidy Tab Titles, Tidy Downloads, Five-Second Previews, and Ask on Page  —  At some point, if you're a company doing pretty much anything in the year 2023, you have to have an AI strategy.  It's just business.
New York Times:
Spotify starts offering Premium subscribers 15 hours of audiobook streaming per month across 150K+ titles, first in the UK and Australia, and the US this winter  —  A year after adding à la carte sales of audiobooks, Spotify is offering paying subscribers 15 hours of books a month.
Dana Mattioli / Wall Street Journal:
The FTC's lawsuit against Amazon details a company algorithm that raised product prices and held them there if rivals followed, allegedly showing consumer harm  —  The strategy, as described in redacted parts of FTC lawsuit, is part of agency's case that Amazon has outsize influence on consumer prices
Ian King / Bloomberg:
Intel plans to turn its programmable chip unit created from its Altera acquisition into a standalone business, by selling shares publicly or seeking an investor  —  “Over the next two to three years, Intel intends to conduct an IPO for PSG and may explore opportunities with private investors …
Sara Fischer / Axios:
Meta VP of Media Partnerships Campbell Brown says she's stepping down from the role in the fall but staying on as a consultant, as Meta backs away from news  —  Campbell Brown, the veteran TV anchor who led Meta's foray into news, is leaving the company, according to an internal note obtained by Axios.
Sam Schechner / Wall Street Journal:
Sources: in September, Meta pitched EU regulators a plan to charge Facebook and Instagram users a subscription to avoid ads, starting at ~€10/month for desktop  —  European users would have option to pay fee or agree to personalized ads, according to company's pitch to regulators
Kamaron Leach / Bloomberg:
PE firm Vista, with another backer, acquires a majority stake in TRG Screen, which makes subscription spend management software; sources say for about $250M  —  - Vista is said to invest $250 million with another backer  — Pamlico will exit its TRG stake after first investing in 2018
More: TRG Screen
David Yaffe-Bellany / New York Times:
Michael Lewis' new book, Going Infinite, depicts SBF as delusional, but says his FTX collapse explanations have “remained irritatingly difficult to disprove”  —  “Going Infinite,” by Michael Lewis, offers a behind-the-scenes account of Mr. Bankman-Fried's rise and fall.
Molly White:

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More News

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Earlier Picks

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