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November 2, 2023, 1:55 AM
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memeorandum
WeSmirchTop News
| The Walt Disney Company: |
Disney plans to acquire NBCU's 33% stake in Hulu, gaining full ownership, and expects to pay ~$8.61B, representing NBCU's share of a $27.5B guaranteed floor — The Walt Disney Company (NYSE: DIS) announced today that it will acquire the 33% stake in Hulu, LLC held by Comcast Corp.'s (NASDAQ …
More: The Hollywood Reporter, Engadget, New York Times, Variety, The Verge, Dexerto, IGN, GameSpot, Wall Street Journal, The Streamable, The Information, Reuters, Thurrott, Digital Trends, Deadline, Financial Times, and The Hill
Bluesky: @paleofuture.bsky.social, @diabolique.bsky.social, and @epro.social
X: @tim_bays, @tim_bays, @gamoid, @dylanbyers, and @dylanbyers. LinkedIn: Donald Dankwa Brooks. Forums: r/technology
| Joe Duball / IAPP: |
The EDPB instructs the Irish DPC to ban Meta's use of personal data for behavioral ads across the EU member states and European Economic Area countries — An unprecedented shakeup in the advertising technology space has arrived in Europe. Changes are coming to adtech's approach to privacy …
More: Reuters, European Data Protection Board, BleepingComputer, Bloomberg, The Register, Agence France-Presse, Mikołaj Barczentewicz, Times of Malta, NewsBytes, Livemint, JURIST, Telewizja Polska S.A, Deadline, and Mobile Dev Memo
X: @privacat, @gateklons, @joegtjones, @privacymatters, @eric_seufert, @gateklons, @epc_angela, @gateklons, @buggeerik, @joegtjones, @gateklons, @gateklons, @privacymatters, @johnnyryan, @gateklons, @jason_kint, @robertjbateman, @nickbotton, @mbarczentewicz, @gateklons, @nickbotton, and @jduballreports
| CoinDesk: |
The US SEC charges SafeMoon and its executives for selling unregistered crypto securities and misappropriating investors' funds the team promised were “locked” — Crypto company SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M …
More: US Department of Justice, US Securities …, Protos, Bitcoin Insider, NewsBTC, CryptoSlate, Fortune, CryptoPotato, DL News, Cryptonews, Crowdfund Insider, Cryptopolitan, CoinGape, Bloomberg, Coinpedia Fintech News, Blockworks, crypto.news, Watcher Guru, The Block, FXStreet, Decrypt, and Seeking Alpha
Bluesky: @epro.social. X: @ednynews, @zekefaux, @cfarivar, @coffeebreak_yt, @adamscochran, and @givnerariel. LinkedIn: Keanu Estañol
Forums: r/hoge, r/SafeMoon, r/CryptoCurrency, r/SafeMoon, and r/barstoolsports
| Filipe Espósito / 9to5Mac: |
Apple quietly discontinued Apple Music's $4.99/month Voice Plan, which was introduced in 2021 and let users access the Apple Music catalog exclusively via Siri — Apple this week held a special event to announce new Macs, but what the company didn't tell is that it has just quietly discontinued the … | Ingrid Lunden / TechCrunch: |
At the UK's AI Safety Summit, the UK releases the Bletchley Declaration, signed by 28 countries and the EU, and the US announces an AI Safety Institute — The world is locked in a race, and competition, over dominance in AI, but today, a few of them appeared to come together …
More: GOV.UK, The Guardian, GOV.UK, U.S. Department of Commerce, The White House, BBC, Engadget, Financial Times, Reuters, Washington Post, PetaPixel, United States Department …, The Hill, Decrypt, Dark Reading, SiliconANGLE, Nextgov/FCW, Neowin, Wall Street Journal, iTnews, Silicon Republic, Reuters, New Scientist, The Royal Family on YouTube, Refuge, GOV.UK, Reuters, Reuters, and Financial Times
X: @racejustice, @jeremyakahn, @damini_satija, @scitechgovuk, @yougov, @hugogye, @michelledonelan, @tommackenzietv, @slakster, @iainastewart, @tw_seal, @potus, @robertwiblin, @darrenpjones, @matthewclifford, @vp, @camerondlwalker, @jturner_uk, @refugecharity, @michaelbhaskar, @sebkrier, @jdr_tech, @vp, @rishisunak, @vp, @helenmargetts, @kashhill, @joshgd, @shakeelhashim, @rishisunak, @benioff, @cabinetofficeuk, @tomhfh, @matthewclifford, @halhod, @yuanfenyang, @elonmusk, @joelmiller, @verajourova, @heliaebrahimi, and @darrenpjones
LinkedIn: Alex Kendall, Thorsten Jelinek, and John Ridd
Forums: r/neoliberal, r/singularity, and Slashdot
| Amanda Chicago Lewis / The Verge: |
A critical look at the SEO industry, as users complain that Google isn't as useful anymore and some SEO experts say it's now harder to game Google's algorithm — As the public begins to believe Google isn't as useful anymore, what happens to the cottage industry of search engine optimization experts …
More: Danny Sullivan, The Verge, I Love SEO, and Search Engine Land
Threads: @rustybrick, @mariyadelano, @soupsoup, @reckless1280, @miasato.2, @reckless1280, @alexandregiess, @reckless1280, and @mariyadelano. Mastodon: @ryne@androiddev.social
X: @lilyraynyc, @kevin_indig, @dannysullivan, @lilyraynyc, @teamamittiwari, @raymartinezseo, @rebekah_creates, @duaneforrester, @cyrusshepard, @blairmacgregor, @geekinchief, @aleyda, @rustybrick, @aleyda, @dr_pete, @seocounseling, @lilyraynyc, @wexler, @lilyraynyc, @debramastaler, @lilyraynyc, @rustybrick, and @jane_seidel
LinkedIn: Molly Willis and Duane Forrester
Forums: Hacker News, Hacker News, and r/technology
| Bloomberg: |
A look at Apple's ambition to revolutionize health care: some breakthroughs marred by philosophical disagreements, a culture of conservatism, and tech realities — The company is working on big things, but employees disagree over whether they should be serving people who are healthy or sick.
More: Android Authority, 9to5Google, MacRumors, 9to5Mac, nextpit, The Information, Insider, iThinkDifferent, Android Headlines, Wccftech, PhoneArena, The Verge, Redmond Pie, iClarified, and MacDailyNews
X: @tomgara, @patentlyapple, @markgurman, @chaitanya7483, and @shwinyo
Forums: r/apple and MacRumors Forums
| Mark Gurman / Bloomberg: |
More: Notebookcheck, Pocket-lint, MobileSyrup, Tom's Guide, Droid Life, Gizmodo, Neowin, SlashGear, PhoneArena, MacDailyNews, Digital Trends, and CNBC
| Khari Johnson / Wired: |
The OMB releases draft rules that require federal agencies to monitor AI use in health care, law enforcement, and housing for potential harms against citizens — Draft rules from the White House would require federal agencies to assess AI systems currently in use in law enforcement …
More: AI.gov, FedScoop, FedScoop, AI.gov, FedScoop, CIO Dive, Nextgov/FCW, The White House, and Politico
| Theo Wayt / The Information: |
Flexport acquires the tech stack of shuttered digital freight startup Convoy; a source says Convoy CEO Dan Lewis will join Flexport as part of the deal — Flexport has reached a deal to buy the technology of shuttered trucking startup Convoy, as Flexport doubles down on its U.S. trucking ambitions …
More: Seattle Business Journal, Flexport, Wall Street Journal, TechCrunch, FreightWaves, PYMNTS.com, Supply Chain Dive, and GeekWire
X: @heetermaria, @anngehan, and @theo_wayt
| Jennifer Pattison Tuohy / The Verge: |
DoorDash tests a prompt warning customers that orders with no tip ahead of time may take longer to get delivered, since drivers choose which orders to accept — DoorDash has added a pop-up in its app this week warning customers that orders with no tip might take longer to get delivered.
More: CBS News, Wall Street Journal, USA Today, People, Los Angeles Times, CNN, New York Post, KnowTechie, Financial Times, Android Headlines, The Messenger, Insider, and Fast Company
Forums: r/EndTipping, r/NewsOfTheStupid, r/technology, and r/offbeat
| David Pierce / The Verge: |
US v. Google offers a rare look at Google's top 20 queries by revenue for a week in September 2018: iPhone, insurance, cheap flights, online colleges, and more — Not all Google searches make Google money. Google often says that it only shows ads on about 20 percent of queries, the ones it calls “commercial queries.”| Ryan Browne / CNBC: |
The UK plans to invest £225M into Isambard-AI, an AI supercomputer 10x faster than the UK's current quickest machine, to be built by the University of Bristol — - The U.K. government said Wednesday that it will invest £225 million, or $273 million, into an AI supercomputer … | Brody Ford / Bloomberg: |
Intuit plans to shut down personal finance app Mint, which had 3.6M MAUs in 2021, on January 1, 2024, and is pushing users to Credit Karma, acquired in 2020 — - Credit Karma hopes to attract more high-score customers — Mint service had 3.6 million monthly active users in 2021
More: MintLife Blog. Threads: @carnage4life. X: @sarthakgh, @kramerholle, @twrobinette, @whatisdoni, @scottastevenson, @iankar_, @soniabaschez, @anothercohen, @adamnash, and @harrymccracken. LinkedIn: Brody Ford
| RT Watson / The Block: |
After securing regulatory approval, Coinbase says that eligible US retail customers can now access BTC and ETH futures contracts via Coinbase Financial Markets — - Coinbase's service offering crypto futures trading to eligible retail U.S. customers is now active and includes “nano” bitcoin contracts.| Ron Miller / TechCrunch: |
Snowflake unveils Snowflake Cortex, a fully managed service designed to help business users and developers work with AI-powered apps on its Data Cloud platform — Companies use Snowflake to store their data in the cloud. With the ever growing interest in generative AI and large language models …
More: InfoWorld, Dow Jones Newswires, Snowflake, Snowflake, InfoWorld, Constellation Research, Forbes, SiliconANGLE, and VentureBeat
LinkedIn: Jonathan Regenstein, Ramanuj V., Ryan T. McBroom, and Doug Cook
| Brian Steinberg / Variety: |
Shareholder letter: Netflix says its ad tier has 15M+ MAUs globally, accounting for ~30% of new sign-ups where it's available, and plans new ad formats for 2024 — Netflix is ready to use “The Crown,” “Squid Game” and other signature series to take ad dollars from rival streamers.| Taylor Soper / GeekWire: |
Chainguard, which helps companies secure their open-source software supply chain, raised a $61M Series B led by Spark Capital, taking its total funding to $116M — Chainguard, a Kirkland, Wash.-based cybersecurity startup, raised $61 million in a Series B round.| Ben Thompson / Stratechery: |
If we accept the premise that regulation locks in incumbents, then it's notable that the early AI winners seem the most invested in generating alarm about AI — In 2019, a very animated Bill Gates explained to Andrew Ross Sorkin why Microsoft lost mobile:
More: Hardcore Software and AI Snake Oil
Mastodon: @jimray@mastodon.social and @carnage4life@mas.to
X: @bgurley, @_kolossus, @hamandcheese, @packym, @stratechery, @malikpiara, @mattzeitlin, @esyudkowsky, and @katieharbath. Forums: Hacker News
| Sam Tobin / Reuters: |
Apple loses a bid to block a UK lawsuit over allegedly hiding defective iPhone batteries and “throttling” them via updates; Apple calls the lawsuit “baseless” — Apple Inc (AAPL.O) on Wednesday lost a bid to block a mass London lawsuit accusing it of hiding defective batteries …
More: Competition Appeal Tribunal, 9to5Mac, Bloomberg, Forbes, Channel News, Sky News, The Verge, ReadWrite, PhoneArena, Stack Diary, Gizmodo, Neowin, PYMNTS.com, iTnews, MacDailyNews, Android Authority, AppleInsider, and MacRumors
Forums: r/technology and MacRumors Forums
| Manya Saini / Reuters: |
PayPal reports Q3 revenue up 9% YoY to $7.4B, vs. $7.38B est., total payment volume up 13% YoY to $387.7B, vs. $377.9B, and forecasts FY 2023 profit above est. — PayPal Holdings (PYPL.O) raised its forecast for full-year adjusted profit above Wall Street estimates on Wednesday …
More: PayPal, Bloomberg, and Dow Jones Newswires
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