Techmeme
November 8, 2023, 9:45 AM

Top News

Salvador Rodriguez / Wall Street Journal:
Meta plans to require advertisers to disclose running political ads with media altered by AI or other software, starting in early 2024, ahead of the US election  —  Facebook parent said new policy to go into effect beginning next year, ahead of U.S. presidential primaries
Margi Murphy / Bloomberg:
Ahead of the 2024 US election, Microsoft plans to offer a new free tool to help US politicians fight deepfakes by authenticating their videos and photos  —  - Tool offering comes as concerns grow over fake photos, videos  — Microsoft says Russia is ‘huge’ cyber, disinformation threat
Gearoid Reidy / Bloomberg:
A look at Nintendo's movie push, as the company partners with Sony to work on a live-action Zelda movie, after the huge success of The Super Mario Bros. Movie  —  It's dangerous to go alone, and in teaming up with Sony and the man who made Marvel successful, Nintendo shows it has learned from past mistakes.
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
Cho Mu-Hyun / ZDNet:
Samsung unveils Gauss, a generative AI model developed by Samsung Research, currently used for staff productivity with plans to expand to product applications  —  Samsung has for the first time publicly unveiled its own generative AI model dubbed Samsung Gauss on Wednesday.
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
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 …
Matt Growcoot / PetaPixel:
Adobe's site for stock images lists AI-generated images of the Israel-Palestine conflict, and some small outlets have used them without labeling them as AI  —  As fears rise over fake imagery generated by artificial intelligence flooding the internet, one of the world's leading stock photo websites …
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 …
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 …
Tobias Mann / The Register:
Microsoft and Oracle sign a multi-year deal to “support the explosive growth of AI services”, meaning Microsoft can access Oracle's Nvidia A100s and H100 GPUs  —  Frenemies in multi-year deal to offload AI inference to Big Red super-cluster  —  Demand for Microsoft's AI services …
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.
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
Anna Irrera / Bloomberg:
HSBC partners with Ripple to offer institutional clients a custody service for digital assets, expected to launch in 2024, complementing its HSBC Orion service  —  - Latest blockchain offering is expected to go live in 2024  —  HSBC Holdings Plc plans to offer institutional clients …
Caroline O'Donovan / Washington Post:
Amazon cuts the price of an annual One Medical membership from $199 to $99 for Prime users, part of its plans to significantly expand its health care footprint  —  The tech giant will offer cheaper health care to Prime members via One Medical, a long-expected integration that could significantly expand its health care footprint
Wall Street Journal:
Sources: ex-NYSE President Tom Farley's crypto exchange Bullish, fintech startup Figure, and crypto VC Proof Group are competing to buy FTX  —  Tom Farley's new firm joins two other suitors in auction for bankrupt crypto exchange founded by Sam Bankman-Fried
Allison Johnson / The Verge:
Samsung Galaxy S23 FE review: big display, fun colors, and four years of updates, but lackluster telephoto lens, sluggish portrait mode, and unlocked costs more  —  There's nothing wrong with the Galaxy S23 FE, but it feels like an uninspired collection of surplus components rather than one for the fans.
Lauren Smiley / Wired:
How San Francisco's citizen surveillance culture, with incidents often posted to X, helped unravel the story of a bloody street attack, causing viral outrage  —  When a homeless man attacked a former city official, footage of the onslaught became a rallying cry.
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

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