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November 8, 2023, 4:15 AM
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WeSmirchTop News
| Mark Gurman / Bloomberg: |
Sources: Apple last week paused developing iOS 18, macOS 15, iPadOS 18, and watchOS 11 to fix bugs and improve performance, and plans to resume work this week — - Rare move designed to focus on improving quality, performance — Despite pause, software releases will likely stay on schedule
More: 9to5Mac, Android Authority, GSMArena.com, MacSecurity.net, MySmartPrice, Wccftech, Benzinga, Pixel Envy, PhoneArena, nextpit, TechSpot, iPhone in Canada Blog, iThinkDifferent, Trusted Reviews, Tom's Guide, Supercharged, Forbes, Neowin, Macworld, BGR, MacRumors, and AppleInsider
X: @rosesilicon, @nevhoffman, @t87, @markgurman, @zollotech, @classicii_mrmac, @stevemoser, and @patrickmoorhead
Forums: Hacker News, r/programming, r/apple, Slashdot, and MacRumors Forums
| Ben Thompson / Stratechery: |
An analysis of OpenAI's DevDay keynote: impressive live demos, the shift from plugins to custom GPTs, Microsoft's role in making GPT-4 Turbo cheaper, and more — In 2013, when I started Stratechery, there was no bigger event than the launch of the new iPhone; its only rival was Google I/O …
More: The Verge, OpenAI, InfoQ, Runtime, MobileSyrup, The Microsoft Cloud Blog, The Algorithmic Bridge, Baseline, CNET, Android Police, Wired, InfoWorld, Digital Trends, Tech.co, Windows Central, ITPro, HackerNoon, Geek News Central Podcast, TechRepublic, and TechCrunch
X: @danwahlin, @bjlove, @karrisaarinen, @stratechery, @akberzins, @borrowed_ideas, and @dalmaer
| ABC: |
Australian telecom Optus says some key services are “gradually being restored” after an hours-long mobile network outage affects over 10M customers — Loading... Optus says some services are “gradually being restored” but it may take a few more hours until the whole network is back online.
More: Reuters, Australian Financial Review, Australian Financial Review, The Guardian, The Register, Ghacks, ITPro, Reuters, cybersecurityconnect.com.au, BBC, Cybernews.com, Bloomberg, TweakTown, and iTnews
X: @optus_help, @optus_help, @netblocks, @netblocks, @michaelsnape, @spudbenbean, @optus_help, @chercanda, and @jaynedotcom_. LinkedIn: Alexander Slade
Forums: r/PrepperIntel and r/australian
| Kate Clark / The Information: |
Document: Coatue cut the value of its $120M stake in OpenSea to $13M as of Q2 2023, implying a valuation of $1.4B or less, down from $13.3B in January 2022 — One of OpenSea's biggest investors has marked down by 90% its stake in the struggling non-fungible-token marketplace …
More: Cointelegraph, CoinDesk, CoinStats, and The Block
X: @credistick, @kateclarktweets, @old_saito, and @buccocapital
| Bloomberg: |
Sources: USDC stablecoin issuer Circle is considering an IPO early in 2024; Circle was valued at $9B when the company tried to go public via SPAC in 2022 — - Backers include Goldman Sachs, General Catalyst and BlackRock — Circle had tried to go public via blank-check deal in 2022| Nilay Patel / The Verge: |
Q&A with Barack Obama on regulating social media and AI, privacy bills, Biden's EO on AI, incumbents embracing AI regulation, generative AI IP issues, and more — The former president joined me on Decoder to discuss AI regulation, the First Amendment, and of course, what apps he has on his homescreen.| Bryson Masse / VentureBeat: |
In a comment submitted to the US Copyright Office, the FTC warned that generative AI has enabled potential copyright infringement and consumer deception — The U.S. Copyright Office has already repeatedly weighed in on creations made with generative artificial intelligence (AI) …
More: Ars Technica, Decrypt, Federal Trade Commission, Federal Trade Commission, and CoinStats
Forums: r/technology and r/technews
| Matt G. Southern / Search Engine Journal: |
Google adds generative AI features to its Performance Max ad platform, rolling out first as a beta to all US advertisers by the end of the year — Google launches generative AI in Performance Max to help marketers easily create customized text and image ads at scale.| Javier Espinoza / Financial Times: |
In a letter, Google and EU telcos called on the European Commission to designate iMessage as a “core” service to make the chat app fully compatible with rivals — Companies want chat app designated a ‘core’ service that would require it to be fully compatible with rivals
More: Android Authority and 9to5Google
| Jacob Judah / MIT Technology Review: |
How .tk, the ccTLD for New Zealand's Tokelau territory that until recently had more users than any other ccTLD, became a domain of choice for cybercriminals — Tokelau, a necklace of three isolated atolls strung out across the Pacific, is so remote that it was the last place on Earth to be connected to the telephone—only in 1997.| Brian Fung / CNN: |
Former Meta consultant Arturo Béjar's Senate testimony: Meta executives ignored warnings of harms to teens and carefully crafted metrics to downplay the issue — Meta's top executives, including CEO Mark Zuckerberg, ignored warnings for years about harms to teens on its platforms such as Instagram …
More: Senate Committee on the Judiciary, Silicon Republic, Engadget, Reuters, BBC, Associated Press, Benzinga, Deseret News, SiliconANGLE, WKMS, The Hill, NTD, The Hill, The Record, CNBC, Washington Post, Courthouse News Service, Public Citizen, Washington Examiner, Tech Xplore, Hartford Courant, and Washington Post
Threads: @senatorbennet and @b_fung
X: @bostonjoan, @hawleymo, @franceshaugen, @senblumenthal, @zamaan_qureshi, @aaschapiro, @franceshaugen, @bostonjoan, @evan_greer, @franceshaugen, @zsk, @franceshaugen, @franceshaugen, @bostonjoan, @jason_kint, @jason_kint, @zamaan_qureshi, @judiciarydems, @franceshaugen, @franceshaugen, @aaschapiro, @hawleymo, @zamaan_qureshi, @franceshaugen, @franceshaugen, @franceshaugen, @marshablackburn, @franceshaugen, @hawleymo, @zamaan_qureshi, @franceshaugen, @_andyburrows, and @hawleymo
| Cho Mu-Hyun / ZDNet: |
Samsung unveils a generative AI model called Gauss, which is being used for employee productivity internally and will be expanded to product applications — Samsung has for the first time publicly unveiled its own generative AI model dubbed Samsung Gauss on Wednesday.
More: Android Authority, Samsung Newsroom, Bloomberg, The Korea Herald, Sammy Fans, SamMobile, and SamNews 24. X: @universeice
| Anissa Gardizy / The Information: |
Source: Amazon is developing a new LLM, codenamed Olympus, which could be announced by December and may power new features for the online store, Alexa, and AWS — Uber is finally on the right road. That could be Uber CEO Dara Khosrowshahi's motto today, as the ride-hailing … | Harri Weber / TechCrunch: |
Ann Arbor-based autonomous vehicle startup May Mobility, backed by Toyota and BMW, raised a $105M Series D led by NTT Group, taking its total funding to $300M+ — May Mobility has raised hundreds of millions from some of the biggest names in the auto industry, but if you haven't heard …
More: Nikkei Asia, May Mobility, TESLARATI, Reuters, Crunchbase News, FinSMEs, and Telecoms Tech News
X: @harriblogs and @reallisadaly
| Kia Kokalitcheva / Axios: |
IBM debuts a $500M enterprise AI venture fund to invest in startups across all stages, with no set target of annual investments or capital deployment timeline — IBM is dedicating $500 million to invest in generative AI startups focused on business customers.
More: IBM, VCWire, FinSMEs, Forbes, VentureBeat, TechCircle, Cointelegraph, The Information, SiliconANGLE, CryptoSlate, CIO Dive, PYMNTS.com, AIN.Capital, WRAL TechWire, and CoinStats
| Paige Smith / Bloomberg: |
Robinhood reports Q3 revenue up 29% YoY to $467M, vs. $478.9M est., trading revenue down 11% YoY to $185M, including crypto trading down 55% YoY; HOOD drops 8%+ — - Third-quarter crypto notional volumes fell 55% on the year — Online brokerage plans to launch EU crypto trading in weeks| Platformer: |
Sources: employees at X are increasingly being asked to spend time working on xAI initiatives, as xAI is using GPUs that once belonged to Twitter — Today, some notes on how the tech industry's tectonic shift toward artificial intelligence is playing out inside X — and raising questions …
More: Axios, TweakTown, Observer, and Fortune
Threads: @crumbler, @parkert, @motorcityadam, and @reporterzoe
| Kyle Wiggers / TechCrunch: |
Cast AI, whose automation tools help companies monitor, manage, and optimize Kubernetes spend, raised a $35M Series B, bringing its total funding to $73M — The mass move to digital during the pandemic and the embrace of generative AI accelerated cloud adoption, and the trend hasn't reversed.| Sam Byford / Multicore: |
Opinion: Leica helped Xiaomi create a flagship that takes better photos than iPhone, and their partnership makes sense despite Xiaomi copying some iOS elements — It's past time to start taking Chinese phones seriously, whether you've used one or not — Xiaomi launched its new 14 Pro flagship phone …
More: The Verge, Multicore, and Six Colors
X: @345triangle, @345triangle, @345triangle, @ryanfenwick, and @bencsin
| Dieter Holger / Wall Street Journal: |
How AI-driven robots and optical sorters are being used to pick up and sort recyclable trash, as US recyclers deal with labor shortages and rising costs — Recyclers struggle with a shortage of workers and rising costs. Robots and optical sorters may be able to help make the business more economically viable.| Yoolim Lee / Bloomberg: |
Coupang reports Q3 net revenue up 21% YoY to $6.2B, vs. $5.9B est., net income of $91.3M, vs. $119M est., and active customers up 14% YoY to a record 20.4M+ — - Despite disappointing profit, revenue beats projections — Korea's top online mall is stepping up investments in Taiwan
More: The Korea Herald, PYMNTS.com, The Korea Herald, AJU Korea Daily English, and Coupang
| Dan Taylor / Tech.eu: |
Milan-based Qomodo, which offers multiple payment services to consumers and retailers, including BNPL options, raised a €34.5M pre-seed led by Fasanara Capital — Milan-based payment aggregator Qomodo raises €34.5 million in Pre-Seed funding, offering a variety …
More: FinSMEs, Silicon Canals, EU-Startups, and Financial IT
| Emily Bary / MarketWatch: |
Restaurant software maker Toast reports Q3 revenue up 37% YoY to $1.03B and lowers the upper range of its FY 2023 revenue forecast; TOST drops 18%+ — Profit outlook moves higher, but one analyst is concerned about the new top-line forecast — Shares of Toast Inc. were getting singed …
| Malathi Nayak / Bloomberg: |
Epic v. Google: internal documents show Activision Blizzard accepted $360M in incentives from Google in 2020 to ensure its games launched on the Play Store — - Testimony focused on efforts to lure developers to Google Play — Billions in revenue are at stake in San Francisco jury trial
More: The Verge
| Andrew Webster / The Verge: |
Crunchyroll debuts Game Vault, offering five mobile games for free to subscribers of its two higher-cost tiers, and promises a “new wave of titles coming soon” — Crunchyroll is making a bigger push into games. … The new feature is called the Crunchyroll Game Vault and is available starting today.
More: Gizmodo, Android Headlines, Lifewire, TouchArcade, Mashable, GameSpot, SlashGear, Destructoid, Decrypt, VentureBeat, Variety, CNET, IGN, and Cord Cutters News. Bluesky: @epro.social
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