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October 25, 2023, 1:40 PM
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Joe Rossignol / MacRumors:
Apple increases the monthly price of Apple TV+ from $6.99 to $9.99, News+ from $9.99 to $12.99, Arcade from $4.99 to $6.99, and Apple One from $16.95 to $19.95  —  Apple today announced that it is increasing the prices of some of its subscription-based services, including Apple TV+ …
Bloomberg:
Sam Bankman Fried's lawyers say SBF plans to testify in his own trial when they start their case later this week, after damaging testimony from his inner circle  —  - Former crypto mogul fighting portrayal as criminal mastermind  — Decides to go for risky move often avoided in criminal cases
Steven Church / Bloomberg:
Bankruptcy hearing: FTX is considering proposals from three bidders to restart trading, without disclosing the names, and will make a decision by mid-December  —  - Bankrupt firm expected to decide fate of exchange in December  — Before it failed, FTX ran one of the biggest trading platforms
Chris Welch / The Verge:
Amazon launches a generative AI tool for advertisers to create “lifestyle imagery” backgrounds or scenes for their products in beta  —  Amazon is beta testing AI image generation tools for its advertisers, offering an easy way to create backgrounds or scenes around whatever product ad buyers are hoping to sell.
Wall Street Journal:
Sources: one year after lending Elon Musk $13B to acquire Twitter, seven US banks still hold the debt and expect to take a 15%+, or ~$2B, hit when they sell  —  Banks have begun preparations to try to unload at least some of the $13 billion of debt they underwrote, at a steep discount
Jordan Middler / Video Games Chronicle:
Sony's new PS5 Slim disc drive requires an internet connection to pair with the console for the first time, likely due to the DMCA's rules to prevent piracy  —  THE ONLINE REQUIREMENT HAS RAISED PRESERVATION CONCERNS  —  The upcoming optional disc drive for the PlayStation 5 will require …
Rania Aniftos / Billboard:
TikTok announces its first live global music event, set for December 10 in Mesa, Arizona, with Cardi B, Niall Horan, Anitta, and Charlie Puth headlining  —  The event will take place on Dec. 10 at Sloan Park in Mesa, Ariz.  —  TikTok is continuing its foray into the music world …
Bloomberg:
How telecoms and media giant Altice, led by billionaire Patrick Drahi, became weighed down by scandals and debt-fueled acquisitions from a low-interest-rate era  —  He built his telecoms empire in an era of low interest rates.  Now, with soaring debt costs and a corruption case in the corporate suite …
Dan Milmo / The Guardian:
The Internet Watch Foundation warns that generative AI is being used to create child sexual abuse imagery, and finds ~3K AI-made abuse images breaking UK law  —  Internet Watch Foundation finds 3,000 AI-made abuse images breaking UK law  —  The “worst nightmares” about artificial intelligence …
Bloomberg:
China says its Foxconn probe is “normal law enforcement” activity and urges Taiwanese firms to “play a more active role” in promoting peaceful cross-strait ties  —  - Beijing makes its first comment on inquiry into Apple partner  — China denies it is intervening in Taiwan's presidential race
Wayne Ma / The Information:
Sources: Apple employees have discussed using Vision Pro to diagnose and treat mental health issues; eye-tracking and cameras could measure a person's “affect”  —  So far, Apple has pitched its upcoming Vision Pro mixed-reality headset as a tool for working and enjoying various forms of entertainment.
Kif Leswing / CNBC:
At a White House event, Apple says the company supports nationwide right-to-repair regulation that would make iPhone parts and tools available to customers  —  - Apple supports nationwide right-to-repair regulation that would make iPhone parts and tools available to customers.
Supantha Mukherjee / Reuters:
AWS plans to launch a sovereign cloud in Europe for governments and customers in regulated industries, storing data on EU servers and launching first in Germany  —  Amazon (AMZN.O) Web Services (AWS) said on Wednesday it will launch a sovereign cloud in Europe for government and customers in highly regulated industries.
Natasha Lomas / TechCrunch:
Experts: an EU proposal requiring messaging services to scan for CSAM is the wrong response to a multifaceted problem and a direct threat to democratic values  —  A controversial child sexual abuse material (CSAM)-scanning proposal that's under discussion by lawmakers in Europe …
South China Morning Post:
Sources: Hong Kong crypto exchange HKVAEX, founded in December 2022, shares resources with Binance, which set up HKVAEX to pursue a crypto license in the city  —  - HKVAEX, founded last December, shares technical and other resources with Binance, which has routinely participated in public events with the exchange this year
Chris Welch / The Verge:
Qualcomm unveils the S7 and S7 Pro chips with increased compute, memory, AI capabilities, and more, for earbuds, headphones, and speakers coming in early 2024  —  Any flagship pair of headphones or earbuds you buy nowadays is going to be very, very good.  Noise cancellation has grown …
Andrew Throuvalas / Decrypt:
BlockFi says the lending platform has emerged from bankruptcy and can begin the process of repaying its creditors according to the terms of its bankruptcy plan  —  Fallen crypto lending firm BlockFi announced on Tuesday that it has “emerged” from bankruptcy, making its bankruptcy recovery plan effective as of October 24.
Dr. Ian Cutress / More Than Moore:
RISC-V chip designer SiFive, which has raised $365M, lays off ~20% of its employees, or 120 to 130 people, “across all different business groups and levels”  —  A quick one for you.  I have received reports, now from multiple sources, that the major torch bearer of the RISC-V platform …
Alphabet:
Alphabet reports Q3 revenue up 11% YoY to $77B, net income up 42% YoY to $19.7B, and Google ad revenue up 9% YoY to $59.65B; GOOG drops 8%+ on cloud sales miss  —  MOUNTAIN VIEW, Calif. - October 24, 2023 - Alphabet Inc. (NASDAQ: GOOG, GOOGL) today announced financial results for the quarter ended September 30, 2023.

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This is a Techmeme archive page. It shows how the site appeared at 1:40 PM ET, October 25, 2023.

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From Mediagazer

Michael Savage / The Guardian:
The BBC names ex-Google executive Matt Brittin as its next director general, replacing Tim Davie, as the BBC negotiates its funding; Brittin left Google in 2025

Oliver Darcy / Status:
Six months into Bari Weiss' CBS News overhaul, ratings data shows its flagship TV programs are losing viewers at a steep rate, while ABC and NBC post gains

Axios:
Joe Scarborough and Mika Brzezinski say they have re-signed their Morning Joe contracts with MS NOW through the end of 2029, as their show enters its 20th year

More News

Rest of World:
Blued, China's largest gay dating app, plans to expand to Southeast Asia and the US in a bid to take on Grindr, while facing censorship and competition in China

Earlier Picks

Joseph Cox / 404 Media:
FOIA docs: ICE used a tool called GOST to decide whether US visa applicants' social media posts are “derogatory” to the US, as part of immigration enforcement
Derrek Lee / Android Central:
Qualcomm unveils Snapdragon Seamless, a technology integrated into its latest chips to better enable cross-device communication between different OEMs and OSes
Joe Rossignol / MacRumors:
Apple Pay Later launches for all eligible users in the US, following its invite-only early access prerelease version for “randomly selected users” in March 2023
Microsoft:
Microsoft reports Q1 revenue up 13% YoY to $56.5B, net income up 27% YoY to $22.3B, Office Commercial revenue up 15% YoY, and LinkedIn revenue up 8% YoY
Lauren Feiner / CNBC:
A bipartisan group of 42 attorneys general sue Meta in the US, alleging that Facebook and Instagram features are addictive and aimed at kids and teens
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