Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
October 11, 2023, 12:55 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Bloomberg:
Day two of Caroline Ellison's testimony: “stressed out” by Alameda losses, Alameda borrowed $13B from FTX users by June 2022, and $5B loaned to FTX executives  —  - Ellison takes witness stand for second day at SBF trial  — Prosecutors look at events from 2022 when crypto prices fell
New York Times:
Caroline Ellison testifies that SBF “directed” her to commit crimes, like using FTX client funds for Alameda Research's venture investments and loan repayments  —  Ms. Ellison, who also dated Mr. Bankman-Fried, is the government's star witness in the criminal fraud trial of the founder of the FTX crypto exchange.
Shaurya Malwa / CoinDesk:
Sam Bankman-Fried wrote a series of unpublished posts in 2022 announcing Alameda's closure due to the “burden” of “FUD around Alameda's relationship with FTX”
CNN:
Letter: Thierry Breton warns Elon Musk that X could face penalties under the DSA for hosting “illegal content and disinformation” about the Israel-Hamas war  —  European officials warned X on Tuesday that the company formerly known as Twitter appears to have been hosting misinformation …
Steven Scheer / Reuters:
Investors and analysts expect the Israel-Hamas war to derail the fragile recovery of Israel's tech sector, which accounts for 14% of the country's workforce
Wall Street Journal:
Research: Palestinian Islamic Jihad-linked crypto wallets received ~$93M from August 2021 to June 2023; Hamas-linked ones received ~$41M over a similar period
Paul Kunert / The Register:
Bernstein estimates Google pays Apple $18B to $20B per year, or 14% to 16% of Apple's operating profits, for default search; the DOJ values the deal at ~$10B  —  Bernstein estimates value of agreement, warns it and similar deals may end if DoJ wins antitrust case
Leah Nylen / Bloomberg:
US v. Google: in 2007, Sundar Pichai raised concerns over the bad “optics” of Google's deal to pay Apple to make Google the pre-selected search option in Safari
Jez Corden / Windows Central:
Sources: at an Activision townhall hosted by James Corden, Bobby Kotick discussed Microsoft, Elon Musk's Neuralink, hinted at a Guitar Hero revival, and more  —  Kotick and Corden (not me) discuss the future of Activision.  —  What you need to know  — Sources familiar …
Emilia David / The Verge:
Adobe developed a new symbol, called “an icon of transparency”, as part of the C2PA, hoping to encourage the tagging of AI-generated data in media content  —  Adobe and other companies have established a symbol that can be attached to content alongside metadata, establishing its provenance …
BBC:
Study: if AI growth continues at its current rate, by 2027 the industry could consume as much energy as a small country like the Netherlands, or 85-134 TWh/year  —  The artificial intelligence (AI) industry could consume as much energy as a country the size of the Netherlands by 2027, a new study warns.
Anna Irrera / Bloomberg:
JPMorgan says BlackRock used its TCN blockchain to move collateral almost instantaneously, compared with over the course of a day, and plans to add other users  —  - Tech could speed transactions, see more efficient capital use  — JPMorgan had tested its Tokenized Collateral Network in May
Paresh Dave / Wired:
How Google's Project Green Light is using AI to analyze Maps data to suggest how cities can adjust traffic light timing to cut wait times and vehicle emissions
Elizabeth Lopatto / The Verge:
California Governor Newsom signs the Right to Repair Act into law, effective for devices made and sold after July 1, 2021, minus game consoles and alarm systems  —  California Governor Gavin Newsom has signed SB 244, or the Right to Repair Act, into law, making it easier for owners …
Spiegel Online:
An investigation details the Intellexa Alliance, a shady group of European companies that marketed and sold spyware like Predator to authoritarian regimes  —  The Intellexa Alliance is the name of the shady group of European companies that supplies dictators and despots with cyberweapons.
David Shepardson / Reuters:
Utah sues TikTok, accusing the company of getting kids hooked via “algorithms and manipulative design features”, after similar lawsuits by Indiana and Arkansas  —  Utah sued Chinese-owned app TikTok on Tuesday, accusing it of harming children by intentionally keeping young users …
Yoolim Lee / Bloomberg:
Samsung reports Q3 operating income fell 78% QoQ to ~$1.8B and revenue fell 13% QoQ to ~$49.6B, suggesting the global chip market may have started to recover  —  - Profit fall of 78% smaller than prior quarter's record plunge  — AI-related demand seen key to memory chip price recovery
Abner Li / 9to5Google:
After a US judge invalidates Sonos' patents, Google brings back support for multiple Speaker Groups across Nest speakers, Nest displays, and Chromecast devices  —  Just last month, Google was forced to limit Nest and Home devices to one Speaker Group in response to the Sonos lawsuit.
Kyle Chayka / New Yorker:
As social networks become cluttered with ads, misinformation, and irrelevant posts, the web just feels less fun, suggesting the old era of social media is over  —  The social-media Web as we knew it, a place where we consumed the posts of our fellow-humans and posted in return, appears to be over.
Caitlin Huston / Hollywood Reporter:
The FTC proposes a new rule to require ticket sellers and others to show the total price to users upfront; Ticketmaster and SeatGeek have pledged all-in pricing  —  Ticketmaster and SeatGeek have already pledged to offer all-in pricing, but the rule would broaden it to other companies and industries.
Tom Ivan / Video Games Chronicle:
Sony plans to launch cloud streaming of PS5 games for PlayStation Plus Premium members in Japan, Europe, and North America later this month  —  THE FEATURE WILL BE AVAILABLE TO PLAYSTATION PLUS PREMIUM MEMBERS  —  Sony Interactive Entertainment has announced plans to launch cloud streaming for PlayStation 5 this month.
Queenie Wong / Los Angeles Times:
California Governor Gavin Newsom signs into law the Delete Act, which requires data brokers to delete a state resident's personal info after a single request  —  Californians will be able to make a single request asking that data brokers delete their personal information, under a bill Gov. Gavin Newsom signed into law on Tuesday.

Sponsor Posts

ElevenLabs:
ElevenAgents by ElevenLabs  —  You know us for voice.  Now meet ElevenAgents — featuring Expressive Mode, our most human-sounding AI voice technology in 70+ languages with ultra-low latency.  Hear it for yourself.
Niantic Spatial:
World models need real-world data  —  Scaniverse is the gateway to spatial services — self-serve and built for AI and robotics.  Large-area 3D reconstruction from 360° cameras and precise localization, anywhere machines operate.
Zoho:
AWS WorkMail is shutting down: Migrate to a secure alternative without downtime  —  If your organization is currently using AWS WorkMail, this probably wasn't news you were expecting, but it is something …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

The Nick, Dick and Paul Show:
 When AI Kills
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
Big Technology Podcast:
 OpenAI vs. Anthropic's Direct Faceoff + Future of Agents — With Aaron Levie
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Great Chat:
 OpenAI's new media M&A and old media exposé
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Invest Like the Best:
 Alan Waxman - Private Credit and the Modern Financial System
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Channels with Peter Kafka:
 What Happens When a "Succession" Writer Takes on Silicon Valley
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Tools and Weapons with Brad Smith:
 Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:55 PM ET, October 11, 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

Wall Street Journal:
Sources: Disney is planning to eliminate as many as 1,000 positions in the coming weeks, many from the company's recently consolidated marketing department

Dade Hayes / Deadline:
Sources: Paramount is unlikely to appoint a direct successor to Jeff Shell after his departure; Shell had few direct reports and did not lead WBD negotiations

Alex Weprin / The Hollywood Reporter:
AMC Networks rebrands as AMC Global Media, filing new articles of incorporation in Nevada; CEO Kristin Dolan says streaming is its top domestic revenue source

More News

Bloomberg:
Apple spent $200M to $250M on Killers of the Flower Moon, debuting on October 20, the first test of the company's plans to spend $1B/year on movies for theaters

Earlier Picks

Kirsten Korosec / TechCrunch:
Online used car marketplace Shift files for Chapter 11 bankruptcy and begins shutting down its business, after going public via a SPAC merger in October 2020
Amanda Hoover / Wired:
New York City's crackdown on short-term listings causes Airbnb listings to plummet, while some turn to services such as Craigslist, Houfy, and Facebook Groups
Jonathan Greig / The Record:
Amazon, Google, and Cloudflare say a DDoS attack hit 398M RPS in August 2023, ~8x larger than the prior record, due to a new flaw; Google mitigated the attack
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter