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October 16, 2023, 4:05 PM
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Top News

Wall Street Journal:
Sources detail Netflix's deepening gaming push, as it expands to games for TVs and PCs, deals for 3rd-party games like GTA, and more mobile games for its shows  —  Streamer to put greater emphasis on developing games based on its popular programming, including ‘Squid Game,’ ‘Wednesday,’ ‘Black Mirror’
Jordan Novet / CNBC:
LinkedIn plans to lay off 668 staff, mostly from its engineering team, after cutting 716 jobs in May 2023; a source says LinkedIn is ramping up hiring in India  —  - LinkedIn is cutting almost 700 employees as revenue growth has slowed over the past two years.
Ash Parrish / The Verge:
Mojang announces 300M+ copies of Minecraft sold in ~15 years; Rockstar's GTA V is the second best-selling game ever after reportedly selling ~185M in ~10 years  —  Today, it adds more down to that particular feather in its cap with the announcement that it has sold a staggering 300 million copies.
Tom Warren / The Verge:
Intel plans to launch its 14th Gen desktop CPUs on October 17, offering up to 6GHz for its flagship $589 Core i9-14900K and increased core count on the $409 i7  —  Intel is launching its 14th Gen desktop processors this week, promising boost frequencies of 6GHz out of the box for its flagship Core i9-14900K.
AnnaMaria Andriotis / Wall Street Journal:
Sources: Goldman wants to exit consumer lending and offload its Apple deal, possibly to Amex, which has taken issue with the Apple Card's loss rates and more  —  The bank, which reports third-quarter earnings Tuesday, is fighting profit declines and flagging stock
Victoria Kennedy / Eurogamer.net:
Bethesda Head of Publishing Pete Hines plans to leave after 24 years, just weeks after the release of Starfield, to begin an “exciting new chapter”  —  To begin “exciting new chapter”.  —  Bethesda exec Pete Hines has announced his retirement after 24 years at the company, just weeks after Starfield's launch.
Emily Nicolle / Bloomberg:
Binance halts user signups in the UK, after the FCA restricted a local partner's ability to approve communications for crypto companies with customers  —  - UK's financial promotions regime was widened to include crypto  — Exchange plans to hire a new approver for its communications
Karen Freifeld / Reuters:
Sources: the US plans rules to block selling some AI chips to China that fall just under the current technical parameters, mandate shipment reporting, and more  —  The U.S. will take steps to prevent American chipmakers from selling semiconductors to China that circumvent government restrictions …
Bloomberg:
Analysts: the iPhone 15 is selling worse in China than the iPhone 14; Counterpoint estimates 4.5% lower sales in 17 days and Jefferies says Huawei outsold Apple  —  - IPhone 15 selling worse in China than its predecessor in 2022  — Sales of Apple's flagship device are down 4.5% in comparison
Hannah Murphy / Financial Times:
Some influencers and CEOs are building their brands on LinkedIn, which is easier due to less creator competition, a committed user base, and a safer feel than X  —  Once purely a jobs board, users say the platform is now more valuable than rivals  —  Marketer Zain Kahn says he earns …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:05 PM ET, October 16, 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

Ben Dummett / Wall Street Journal:
Axel Springer agrees to buy the Telegraph for £575M, ending the proposed acquisition by the DMGT, and plans to “turbocharge” the Telegraph's presence in the US

Mikeie Honda Reiland / Nashville Banner:
A reporter for Nashville Noticias, Estefany Rodríguez, has been detained and is being sent to an ICE center in Louisiana; she had reported on ICE previously

Alex Weprin / The Hollywood Reporter:
SEC filing: Byron Allen buys a 10.7% stake in Starz for $25M from investment fund Liberty 77, led by former Treasury Secretary Steve Mnuchin

More News

James Titcomb / Telegraph:
Israel plans to boycott Europe's biggest tech conference, Web Summit, after the event's founder accused Israel of war crimes, as many tech companies pull out
Jonathan Rothwell / Gallup:
A survey of 1,567 US adolescents: 51% spend at least four hours on social media apps per day; 13-year-olds spent 4.1 hours, rising to 5.8 hours for 17-year-olds

Earlier Picks

Giulio Piovaccari / Reuters:
Ferrari begins accepting crypto for its cars in the US and plans to do the same in Europe in Q1 2024, after customer requests; Ferrari sold 13,200 cars in 2022
Financial Times:
Gary Gensler says it's “nearly unavoidable” that AI will cause a financial crisis if many institutions rely on the same underlying base model or data aggregator
Kate Conger / New York Times:
Australia fined X ~$384K and warned Google after the companies did not give enough info on their efforts to fight CSAM, despite a law requiring such disclosures
Angus Berwick / Wall Street Journal:
How Moscow-based crypto exchange Garantex became a major money laundering channel for cybercriminals and terrorist groups like the Palestinian Islamic Jihad
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