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December 13, 2023, 2:40 AM
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Top News

Zoë Schiffer / The Verge:
A look at Twitter's culture prior to Elon Musk's acquisition, when it focused on improving the health of online conversations, rather than growth at all costs  —  the early '10s, Twitter was at the height of its power.  The company had yet to turn a profit, but it had played a crucial role …
Gene Park / Washington Post:
The ESA shuts down the Electronic Entertainment Expo, or E3, after new competitors, partner withdrawals, changing audience habits, and more; E3 began in 1995  —  The collapse ends years of attempts to revive the event that once dominated the industry  —  The Electronic Entertainment Expo …
Wall Street Journal:
Apple releases an iOS beta with Stolen Device Protection; if enabled, the feature limits actions like Apple ID password resets when not in a “familiar location”  —  Stolen Device Protection can prevent criminals from using your passcode to change your Apple account
Kif Leswing / CNBC:
Epic Games CEO Tim Sweeney discusses beating Google, but not Apple, thanks to a jury trial, Google erasing chats, and because “Apple didn't write anything down”  —  - The verdict is a significant win for Epic Games and its CEO Tim Sweeney, which have been fighting against mobile app stores …
Kurt Wagner / Bloomberg:
Sources: X generated just over $600M in ad revenue in each of 2023's first three quarters, down from $1B+ per quarter in 2022 and on track for ~$2.5B in 2023  —  - X to miss internal goals for ad revenue, people familiar say  — Musk's personal tweets continue to scare off advertisers
Simon Sharwood / The Register:
Broadcom's VMware Cloud Foundation Division announces the end of perpetual licenses and a move to subscriptions, plus a simplification of its product portfolio  —  Also kills perpetual licenses, adds a vSphere bundle for smaller users  —  +COMMENT Broadcom's VMware Cloud Foundation Division …
Jay Peters / The Verge:
Netflix publishes its first What We Watched report, detailing the most-watched content from January to June 2023; The Night Agent was #1 with 812M+ hours viewed  —  Netflix is going to start publishing a new report twice a year that details the most popular shows and movies on the platform.
Scott Stein / CNET:
Meta adds multimodal AI to its Ray-Ban Meta smart glasses as an early access beta in the US, letting Meta AI answer voice queries by taking and analyzing photos  —  I tried these Ray-Ban AI glasses, and they're pretty wild.  Here's how the experimental feature works.  —  “Hey, Meta.
Carl Franzen / VentureBeat:
Microsoft releases Phi-2, an AI language model the company says outperforms Mistral and Llama 2 at 7B and 13B parameters and is small enough to run on a phone  —  The rapid pace of generative AI news and announcements isn't slowing down, even as we reach the final stretches of 2023 and the traditional winter holiday quiet period.
Daryna Antoniuk / The Record:
Kyivstar, Ukraine's largest telco, is mitigating a cyberattack that led to a “large-scale technical failure”, leaving millions without internet and cell service  —  Kyivstar customers began complaining about network and internet outages in the early morning.
Allison Johnson / The Verge:
Google plans to shorten Maps' default auto-delete history feature from 18 months to three months and let users store Maps Timeline data locally on their devices  —  Google Maps has gotten some fun updates recently, and now it's offering some more privacy-forward tweaks as it adds more ways to control your location data.
Raphael Satter / Reuters:
Apple updates its law enforcement guidelines to now require a judge's order before handing over users' push notification data, instead of only a subpoena  —  Apple (AAPL.O) has said it now requires a judge's order to hand over information about its customers' push notification to law enforcement …
Malak Saleh / Engadget:
Meta is working to extend its fact-checking to Threads early next year; its fact-checking now only rates Threads content matching posts on Facebook or Instagram  —  The program will roll out next year, according to executives.  —  Threads is going to make an effort to moderate more of the user-generated content on the platform.
Joseph Bernstein / New York Times:
A look at Praxis, which raised $19.2M from Paradigm, Alameda Research, and others to build a city on the Mediterranean for tech bros and downtown NY tastemakers  —  Dryden Brown wants Praxis to be a crypto-city for tech bros and tastemakers.  Just don't ask for details.
Bloomberg:
True Anomaly, a startup designing hardware and software for military and intelligence space reconnaissance systems, raised a $100M Series B led by Riot Ventures  —  - Contractor's spacecraft to track national threats in orbit  — Threats can range from enemy satellites to space debris
Sankalp Phartiyal / Bloomberg:
Sources: Foxconn plans to invest at least $1B more, on top of $1.6B it allocated earlier, in its 300-acre Bengaluru plant to make Apple devices  —  - World's largest iPhone maker setting aside more money for site  — Apple's partners are shifting capacity away from China
More: Reuters
Romain Dillet / TechCrunch:
Paris-based Pivot, which sells spend management and procurement software, raised a $21.6M Series A, after raising a $5.3M pre-seed round in April 2023  —  French startup Pivot is an interesting startup story as it is scaling at a rapid pace even though startup investments are down in Europe.
Miguel Cordon / Tech in Asia:
Line Next, a Line Corporation unit that focuses on NFTs and currently has 5.5M users globally, raised $140M led by Peter Thiel-backed Crescendo Equity Partners  —  Line Next Corporation, a Line unit that focuses on the NFT ecosystem, raised a US$140 million round from a consortium led …

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This is a Techmeme archive page. It shows how the site appeared at 2:40 AM ET, December 13, 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

Sara Fischer / Axios:
Vice Media plans to create a joint venture with Savage Ventures, which will invest “tens of millions of dollars”, to relaunch its sites, including Vice.com

New York Times:
Sources: if Sony and Apollo acquire Paramount Global, they plan to sell off CBS, cable channels like MTV, and Paramount+, while keeping Paramount Pictures

Beth Mellor / Bloomberg:
After Concord said its $1.25 per share offer for Hipgnosis was final, Hipgnosis is set to be sold Blackstone at $1.30 per share, valuing the fund at ~$1.57B

More News

Earlier Picks

CNN:
A US GAO review of nearly 24 agencies' AI usage catalogs 200+ current applications and 500+ planned uses of AI and ML, despite the lack of government guidance
Aisha Malik / TechCrunch:
Snapchat+ subscribers can now generate and send AI images based on a text prompt and add pictures of friends into Dream, Snapchat's generative AI selfie feature
Reuters:
Seychelles-based crypto exchange KuCoin agrees to block New York state users and pay $22M to settle a lawsuit brought by New York AG Letitia James in March 2023
Ava Benny-Morrison / Bloomberg:
Stanford professor David Mills, who led SBF's defense as a favor to his parents, says the ex-FTX CEO is “the worst person I've ever seen do a cross examination”
Foo Yun Chee / Reuters:
Sources: Apple offers to let rivals access its tap-and-go payments systems for mobile wallets, hoping to settle EU antitrust charges and avoid a possible fine
Ben Schoon / 9to5Google:
Beeper says “Beeper Mini is back” but now requires users to log in with their Apple ID, as phone number registration doesn't work; Beeper makes the service free
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