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Techmeme
October 25, 2023, 10:00 PM
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Top News

Meta Investor Relations:
Meta reports Q3 revenue up 23% YoY to $34.15B, net income up 164% YoY to $11.58B, and family daily active people up 7% YoY to 3.14B for September 2023  —  Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2023.
The Verge:
Mark Zuckerberg says Threads has hit “just under” 100M monthly users since it was released in early July  —  The rumors of Threads' early demise have been exaggerated.  —  Meta's competitor to Elon Musk's X has hit “just under” 100 million monthly users since it was released in early July …
Jonathan Vanian / CNBC:
Meta's Reality Labs reports Q3 revenue down 26% YoY to $210M, vs. $299.3M est., and operating loss up 2% YoY to $3.74B, vs. $3.9B est.  —  - Coming into the third quarter, Meta's Reality Labs division had lost more than $21 billion since the start of last year.
Mark Gurman / Bloomberg:
Sources: Apple plans to release AirPods Max and two redesigned fourth-generation AirPods with USB-C in 2024, and AirPods Pro with new chip and design in 2025  —  - Company readies updates to entry-level, Pro and Max models  — After initial skepticism, AirPods are now a critical category
Joe Rossignol / MacRumors:
Apple raises the monthly US 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+ …
Dan Goodin / Ars Technica:
Researchers reveal an attack forcing iOS and macOS WebKit browsers to divulge secrets, like passwords and email content, of users who visit a malicious website  —  iLeakage is practical and requires minimal resources.  A patch isn't (yet) available.  —  Researchers have devised an attack …
Victoria Song / The Verge:
A look at Apple's double tap gesture rolling out with watchOS 10.1, letting Series 9 and Ultra 2 users interact with their watch without using its touchscreen  —  Swipes and buttons are the norm, but Apple's double tap gesture opens a future where your smartwatch could be even less dependent on your phone.
Washington Post:
Sources: a Biden EO on AI is expected on October 30, requiring assessments of AI models before federal worker use, easing highly skilled immigration, and more  —  Tackling immigration and safety, the order would require advanced AI models to undergo assessments before they can be used …
Tim Ingham / Music Business Worldwide:
Sources: Spotify plans major changes to its royalty model in Q1 2024, including a threshold of minimum annual streams before a track starts generating royalties  —  Exclusive: Music Business Worldwide details Spotify's plans to introduce a number of new measures in Q1 2024 - and shift $1 billion towards ‘working artists’.
Chris Welch / The Verge:
Amazon launches a generative AI tool in beta that lets advertisers create “lifestyle imagery” backgrounds or scenes around the products they are hoping to sell  —  Amazon is beta testing AI image generation tools for its advertisers, offering an easy way to create backgrounds …
Jess Weatherbed / The Verge:
Google adds foundation and hair dye options to its AR shopping tool for trying beauty products, and expands the tool to mobile browsers and Google Shopping ads  —  Google is expanding its augmented reality (AR) shopping feature that allows people to virtually wear beauty products before purchasing …
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
Jon Porter / The Verge:
Google rolls out “About this image”, a tool that provides background information and context about images in Google Search, to English-language users globally  —  Google is starting to roll out its new “About this image” tool, which aims to provide essential background information and context about images in Google Search.
Jordan Middler / Video Games Chronicle:
Sony's optional PS5 Slim disc drive requires an internet connection to pair with the console for the first time, likely due to the DMCA's piracy prevention rule  —  THE ONLINE REQUIREMENT HAS RAISED PRESERVATION CONCERNS  —  The upcoming optional disc drive for the PlayStation 5 will require …
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
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 …
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.
Scott Nover / Slate:
US v. Google: Judge Amit Mehta has repeatedly accepted Google's requests to redact docs and hold closed-door testimony, alarming press advocates and reporters  —  U.S. v. Google was supposed to be the “antitrust trial of the century”—the highest-profile, and potentially the most consequential …
Financial Times:
Microsoft, OpenAI, Google, and Anthropic pick Brookings' Chris Meserole to run their new Frontier Model Forum, which plans to commit $10M to an AI safety fund  —  Microsoft, OpenAI, Anthropic and Google pick a US think-tank expert to head up their joint forum
Rania Aniftos / Billboard:
TikTok announces TikTok in The Mix, its first live global music event, set for December 10 in Mesa, Arizona, with Cardi B, Niall Horan, Anitta, and Charlie Puth  —  The event will take place on Dec. 10 at Sloan Park in Mesa, Ariz.  —  TikTok is continuing its foray into the music world …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:00 PM ET, October 25, 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

Peter Walker / The Guardian:
UK Culture Secretary Lisa Nandy says she and her department will stop using X because the site favors “abuse and misinformation over meaningful debate”

Matthew Weaver / The Guardian:
Three men have been found not guilty of murdering the journalist Lyra McKee in 2019; the New IRA claimed responsibility for the killing

Alex Weprin / The Hollywood Reporter:
A look at ABC News' 24-hour Fourth of July programming marathon for the US' 250th anniversary, which it calls “the longest commercial broadcast in history”

More News

Stephanie Barnes / Engadget:
X rolls out audio and video calling to some users, with options to “select who you're comfortable using it with”, or disable the feature altogether
Bloomberg:
Sources: SMIC used ASML's DUV machines to produce its 7nm chip used by Huawei; ASML has never sold its EUV tools to China, but older DUV models can be retooled
Matt Day / Bloomberg:
A survey of 1,484 US Amazon workers at 451 facilities finds injury and pain “are far more widespread” than previously known; 69% took unpaid time off to recover

Earlier Picks

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
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
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
Dan Milmo / The Guardian:
The Internet Watch Foundation warns that generative AI is being used to create new types of CSAM, and finds nearly 3,000 AI-made abuse images that break UK law
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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