Techmeme
February 21, 2024, 8:50 AM

Top News

Stephen Totilo / Game File:
An interview with Microsoft Gaming CEO Phil Spencer on Xbox growth, job cuts, and why getting rid of physical Xbox discs is “not a strategic thing for us”  —  Microsoft's gaming chief Phil Spencer is upbeat about his vast Xbox team's future.  But he also tells Game File …
Emilia David / The Verge:
Google releases Gemma 2B and 7B, a pair of open-source AI models to let developers use the research that went into its flagship closed Gemini model more freely  —  Google has released Gemma 2B and 7B, a pair of open-source AI models that let developers use the research that went into its flagship Gemini more freely.
Andy Greenberg / Wired:
Messaging app Signal finally rolls out usernames in beta, letting users conceal their phone numbers; Signal still requires inputting a phone number to register  —  We tested the end-to-end encrypted messenger's new feature aimed at addressing critics' most persistent complaint.  Here's how it works.
Michael Acton / Financial Times:
Meta and Microsoft are lobbying EU regulators to reject Apple's proposed App Store changes to comply with the DMA, saying Apple's plans don't go far enough  —  Meta and Microsoft want Brussels regulators to extract more concessions that unpick iOS mobile software
Tom Wilson / Reuters:
Circle no longer plans to mint USDC tokens on the Tron blockchain, effective immediately, to “ensure that USDC remains trusted, transparent, and safe”  —  Major U.S. crypto firm Circle will end support for its USDC token on the Tron blockchain network, a decision the company said on Wednesday …
Chance Miller / 9to5Mac:
Apple says the iPhone 15 lineup can retain 80% of its original battery capacity after 1,000 charge cycles, up from its original estimate of 500 charge cycles  —  In addition to changes to the Battery Health settings in iOS 17.4, Apple has more iPhone battery news to share today.
Duncan Riley / SiliconANGLE:
IBM: hackers are finding more opportunities to log in via legitimate credentials, rather than hacking into networks; infostealing malware jumped 266% in 2023  —  IBM's annual X-Force Threat Intelligence Index report released today highlights an emerging global crisis in identity as cybercriminals continue to compromise users worldwide.
Bloomberg:
Cybersecurity experts say global law enforcement agencies dealt Russia-linked LockBit a major blow, but history shows that ransomware gangs regroup quickly  —  - Disruption of LockBit praised as major blow against gang  — History has shown that hackers regroup quickly, experts say  —  Two arrests.
Chance Miller / 9to5Mac:
A US jury finds two Chinese nationals guilty of a “sophisticated scheme” to defraud Apple by sending 5,000+ counterfeit iPhones for repair, losing Apple $3M+  —  Two people have been found guilty of a “sophisticated scheme to defraud Apple out of millions of dollars' worth of iPhones …
Mark Gurman / Bloomberg:
Sources: Gary Geaves, Apple's longtime VP in charge of acoustics, is stepping down, replaced by Ruchir Davé, adding to the hardware engineering group's upheaval  —  - Apple acoustics chief Gary Geaves is stepping down from role  — Executive has been key to development of AirPods and HomePod
Counterpoint Research:
In a first, Apple had the top seven best selling smartphones globally in 2023, and Samsung had three; iPhone 14, 14 Pro Max, 14 Pro, and 13 topped the list  —  - The combined market share of the top 10 smartphones in 2023 reached the highest ever at 20%, up from 19% in 2022.
Corrie Driebusch / Wall Street Journal:
Sources: Reddit plans to reserve some of its IPO shares for 75K loyal users, an unusual move that could build loyalty, and list its shares on the NYSE in March  —  Social-media company intends to offer shares in the offering to 75,000 of its biggest users  —  Reddit plans to place a big chunk …
More: Reuters and 9to5Mac
Maxwell Zeff / Gizmodo:
Demos from AI chipmaker Groq go viral after the startup's inference engine shows lightning-fast speeds when running LLMs, including for real-time conversations  —  Two AI companies are claiming the science fiction term, “Grok,” as their own, but only one is turbocharging the AI industry.
Cat Zakrzewski / Washington Post:
Letter: an FTC “Twitter Files” investigation finds no evidence that Twitter violated its government data security order, despite Elon Musk's directives to do so  —  After investigating his handling of the ‘Twitter Files’ for more than a year, the agency found no evidence the company violated consent order
Juro Osawa / The Information:
Sources: some ByteDance executives expressed concerns over running the video editing app CapCut from China given the political scrutiny facing TikTok in the US  —  Last year, the second most downloaded free app in the U.S. on iPhones was CapCut, a video-editing app made by TikTok's parent ByteDance …
Manish Singh / TechCrunch:
Byju's says the $200M rights issue that cuts its valuation by 99% to $20M-$25M is fully subscribed; source: some of Byju's major investors are yet to take part  —  Byju's says its recently launched $200 million rights issue has been fully-subscribed, but the startup's founder urged …
Josh Xiao / Bloomberg:
China's Ministry of State Security warns unnamed hackers are obtaining data on key issues, like food production and the weather, in a series of WeChat posts  —  - A growing array of sensitive data is being pilfered, MSS warns  — Beijing's vague warnings could spook foreign businesses

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