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Techmeme
May 9, 2024, 12:10 PM
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Top News

Jason Schreier / Bloomberg:
Sources: after closing several video game studios, Microsoft plans more cuts, as the massive Activision acquisition has ramped up scrutiny on the Xbox division  —  Xbox is offering voluntary severance agreements to producers, quality assurance testers and other staff at ZeniMax as part of a broader cost-cutting initiative
Ash Parrish / The Verge:
Town hall: Xbox Game Studios head Matt Booty discussed wanting small and prestigious games, after closing the studio behind small, prestigious hit Hi-Fi Rush  —  Today, one day after Microsoft announced that it would shut down four of its games studios, Matt Booty, head of Xbox Game Studios …
Wall Street Journal:
Binance sources and docs: an internal investigator, dismissed in late 2023, found evidence of secret internal trading accounts and DWF Labs' market manipulation  —  Former company insiders say the firing of an internal investigator showed that the crypto exchange neglected evidence of market manipulation.
Wall Street Journal:
In a blog post, Neuralink details a problem with its implant in patient Noland Arbaugh's brain that reduced data collection after the implant's threads came out  —  Amount of data captured from the device declined, although the patient and the Elon Musk-owned company still staged a successful demonstration
Dan Milmo / The Guardian:
As part of its Model Spec release, OpenAI says it is considering letting developers and users “responsibly” generate “NSFW content in age-appropriate contexts”  —  Critics say ChatGPT creator's proposal to allow erotica, slurs and other adult content undermines its mission statement
Carl Franzen / VentureBeat:
OpenAI publishes Model Spec, which specifies how its AI models should act, including objectives, rules, and default behaviors, and asks the public for feedback  —  OpenAI isn't done trying to live up to the “open” in its name.  —  While not making any of its new models open source …
Bloomberg:
Sources: Alphabet has been progressing in its talks to acquire marketing software provider HubSpot and has discussed deal terms; HubSpot has a $30B market cap  —  Alphabet has discussed terms of a potential deal with HubSpot, said the people, who asked not to be identified because the information is private.
More: Benzinga
Mark Gurman / Bloomberg:
A look at potential successors to Tim Cook; sources say Apple's hardware engineering chief John Ternus is the most likely long-term successor  —  John Ternus, the head of hardware engineering, is emerging as a potential successor to the CEO.  —  Tim Cook has transformed Apple Inc. since taking …
Emily Chang / Bloomberg:
An interview with Sundar Pichai on playing the long game on AI, how Gemini image generation “got it wrong”, AI search, the US DOJ lawsuits, layoffs, and more  —  In this episode of The Circuit with Emily Chang, the Alphabet CEO explains how he's in it for the long haul—and won't dance to anyone else's tune.
Financial Times:
TikTok plans to start automatically labeling some AI content, including from Dall-E and Adobe's Firefly, and joins the Adobe-led content credential coalition  —  Social media companies under pressure to identify deepfakes and prevent spread of misinformation
Chris Welch / The Verge:
Sonos responds to criticism of its app redesign, saying it takes “courage to rebuild” a product from the ground up and it plans to reintroduce missing features  —  In the days since, customers have complained about missing features like sleep timers, broken local music library management …
Shahram Mokhtari / iFixit News:
Huawei Pura 70 Pro teardown: the 7nm Kirin 9010 is only marginally better than Kirin 9000S, and the majority of the chips are designed and manufactured in China  —  Huawei released the Pura 70 line of smartphones in April 2024 and it's already made a bit of a stir.
Pratik Jain / Reuters:
US hospital operator Ascension reports disruptions to its clinical operations due to a suspected cybersecurity incident and engages Mandiant to help investigate  —  Hospital operator Ascension reported disruptions to its clinical operations on Wednesday due to a suspected cybersecurity incident …
Dallin Grimm / Tom's Hardware:
A Stack Overflow user says the site suspended his account for a week after he altered his posts in protest of its OpenAI partnership to use data for AI training  —  Stack Overflow is overflowing with salt.  —  Stack Overflow, a legendary internet forum for programmers and developers …
Zaheer Kachwala / Reuters:
Roblox reports Q1 revenue up 22% YoY to $801M, bookings up 19% YoY to $923M, DAUs up 17% YoY to 77.7M, and cuts its full-year bookings forecast; RBLX drops 30%  —  Roblox (RBLX.N) cut its annual bookings forecast on Thursday, in a sign that people were dialing back on spending within …
Dade Hayes / Deadline:
Disney and WBD announce a streaming bundle of Disney+, Hulu, and Max, with ad-supported and ad-free plans, beginning this summer in the US, with pricing to come  —  Disney and Warner Bros. Discovery are breaking ground in streaming with a bundled offering featuring Disney+, Hulu and Max in a single package.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:10 PM ET, May 9, 2024.

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

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Financial Times:
OpenAI hopes the Disney deal boosts Sora, which has high costs and limited traction; Sensor Tower: users average 13 minutes per day on Sora vs. 90 on TikTok

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

More News

Financial Times:
Baidu VP Qu Jing posted several videos on Douyin demeaning staff, intended to promote Baidu, that reignited criticism of Chinese tech companies' work culture
Nicholas Yong / Rest of World:
Some Singaporean writers resist the government's request to use their works to train a multilingual LLM, citing little clarity on compensation and other issues
James Thomason / VentureBeat:
RunPod, which offers a globally distributed GPU cloud platform for developing and deploying AI, raised a $20M seed co-led by Intel Capital and Dell Technologies

Earlier Picks

Jesse Pound / CNBC:
Robinhood reports Q1 revenue up 40% YoY to $618M, vs. $549M est., crypto transaction revenue up 232% to $126M, and a $157M net income, vs. a $511M net loss YoY
Ashley Capoot / CNBC:
Airbnb reports Q1 revenue up 18% YoY to $2.14B, vs. $2.06B est., Nights and Experiences Booked up 9.5% YoY, and Q2 guidance below est.; ABNB drops 8%+
Reuters:
Arm reports Q4 revenue up 47% YoY to $928M, vs. $875.6M est., royalty revenue up 37% YoY, and forecasts FY 2025 revenue below est.; ARM drops 9%+
BBC:
Ofcom proposes new rules requiring tech companies to change their algorithms to hide “toxic” material from children, have more robust age checks, and more
Michael Peel / Financial Times:
Google DeepMind and Isomorphic Labs detail AlphaFold 3, an AI model to predict interactions and structures of proteins, DNA, RNA, more, beating many top methods
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