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Techmeme
October 10, 2024, 11:10 PM
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Top News

Kif Leswing / CNBC:
AMD launches its Instinct MI325X GPU to compete with Nvidia's upcoming Blackwell chips and says production will start in 2024, but doesn't disclose its pricing  —  AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia's data center graphics processors, known as GPUs.
Tobias Mann / The Register:
AMD debuts its 5th Gen Epyc data center chips, codenamed Turin, with up to 192 cores, clock speeds up to 5GHz, and double-digit gains in instructions per clock
Gavin Bonshor / The Register:
Intel unveils its Arrow Lake desktop processors, with an NPU, better power efficiency at higher clock speeds, and 2x the graphics performance vs. its 14th Gen  —  New silicon, new architecture, and loads of new motherboards rise to support it, but will power be anchored down?
Tom Warren / The Verge:
Microsoft plans to let US users buy and play Xbox games from the Xbox app on Android from November, after a judge ordered Google to open up the Play Store  —  Microsoft is planning to update its Xbox mobile app on Android to allow US users to purchase and then play Xbox games on their mobile devices next month.
Jack Kubinec / Blockworks:
Stripe reintegrates crypto payments in the US, letting users pay merchants in USDC or USDP on Ethereum, Solana, and Polygon, after disabling the feature in 2018  —  Customers can pay merchants in USDC or USDP on Ethereum, Solana, and Polygon, while US-based merchants are paid in dollars
Decrypt:
Uniswap Labs unveils Unichain, an Ethereum Layer 2 blockchain built on Optimism tech, to enable faster, cheaper transactions and better liquidity across chains  —  Uniswap will launch an Ethereum layer-2 network called Unichain in an effort to cut fees, boost liquidity, and more.
Financial Times:
How Google plans to deflect and delay the US breakup threat; a remedies ruling is likely in mid-2025 and legal timelines may let it put off any impact for years
BBC:
The US and the UK announce an agreement to keep children safer online, including plans to set up an online safety working group to share evidence and expertise  —  The argument over smartphones in schools has been “won”, the technology secretary Peter Kyle has told the BBC …
CNBC:
Sources detail Meta's work on an Orion consumer version that could be built within two years, plans to bring Orion wristband tech to its other devices, and more  —  When Facebook changed its name to Meta in October 2021, CEO Mark Zuckerberg used the occasion to show the world his vision …
Ingrid Lunden / TechCrunch:
LinkedIn says ~10M people have created pages on its Services Marketplace for freelancers, up 48% in the last year; it launched the marketplace in 2021  —  More than 100,000 people have been laid off in the technology industry alone this year, and — either by circumstance or choice …
Grace Kay / Business Insider:
Four of Musk's Tesla direct reports, including its CIO and global vehicle automation and safety policy lead, recently resigned, ahead of Tesla's robotaxi event  —  - Four Tesla execs announced in the past week that they were leaving or had already left the company.
Gaby Del Valle / The Verge:
The FBI reveals it created Ethereum-based token NexFundAI with the help of “cooperating witnesses” to investigate price manipulation in crypto markets  —  The FBI created a cryptocurrency as part of an investigation into price manipulation in crypto markets, the government revealed Wednesday.
Financial Times:
Darktrace co-founder Poppy Gustafsson, who left last month ahead of the £4.3B takeover of the cybersecurity group, is appointed as the UK's investment minister  —  Appointment comes ahead of international investment summit  —  Darktrace co-founder Poppy Gustafsson has been appointed …
Joyu Wang / Wall Street Journal:
Taiwan says China detained four employees at Foxconn's iPhone factory in Zhengzhou and says Foxconn said it didn't suffer a financial loss tied to their actions  —  Taiwan says investor confidence may be damaged after four Taiwanese are held  —  TAIPEI—Four Taiwanese employees …
Lara O'Reilly / Business Insider:
PayPal formally launches PayPal Ads, which looks to help US marketers tap into data about transactions across PayPal's platforms, including Venmo and Honey  —  - PayPal is set to launch an ads business, starting in the US.  — The company intends to offer ads across its own properties, as well as retailers.
Carl Franzen / VentureBeat:
Chinese researchers debut AI model Pyramid Flow, which makes a five-second, 384p video in 56 seconds, built using a new technique called pyramidal flow matching  —  The number of AI video generation models continues to grow with a new one, Pyramid Flow, launching this week …
David Yaffe-Bellany / New York Times:
How Ryan Salame, an FTX executive who gave millions to GOP politicians, and Michelle Bond, who ran for Congress, went from crypto power couple to facing prison  —  Ryan Salame, an FTX executive, and Michelle Bond, a crypto policy advocate, were once a Washington power couple.  Now they both face prison time.

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From Mediagazer

Reuters:
Independent Russian newspaper Novaya Gazeta plans to shut down after 30+ years, following pressure from Russian authorities and the persecution of its reporters

Gavin Blair / The Hollywood Reporter:
The Association of Japanese Animations: Japan's anime industry revenue grew 15.8% YoY to a record ~$28.5B in 2025, with overseas revenue reaching ~$16B

Selome Hailu / Variety:
Sources: Reese Witherspoon's Hello Sunshine lays off about 30 employees, roughly 50% of its staff, as it focuses on film and TV projects and its book club brand

More News

Krystal Hu / Reuters:
Suki, which makes AI voice assistants for health care providers, raised a $70M Series D, a source says at a ~$500M valuation, taking its total funding to $165M
David Heinemeier Hansson / HEY:
Automattic demanding an 8% cut of WP Engine's revenue is a wanton violation of open source ideals, and the damage to open source may extend far beyond WordPress

Earlier Picks

Brian Krebs / Krebs on Security:
An investigation details a $243M crypto heist in August 2024 where attackers used a phone-based social engineering attack on a user of Gemini's crypto exchange
Bloomberg:
A profile of FTC Chair Lina Khan, whose term ended in September 2024, as a bipartisan club of tech figures and VCs, including Reid Hoffman, call for her ouster
Bloomberg:
Amazon says Apple TV+ will be available as a $9.99/month subscription add-on in Prime Video Channels later this month in the US, joining 100+ streaming services
Hayden Field / CNBC:
OpenAI says it has disrupted 20+ operations and deceptive networks in 2024 so far that tried to use its models, including four that had election-related content
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