Techmeme
November 17, 2023, 6:10 PM

Top News

OpenAI:
OpenAI CEO Sam Altman departs the company and leaves its board after a board review found he wasn't “consistently candid in his communications with the board”  —  The board of directors of OpenAI, Inc, the 501(c)(3) that acts as the overall governing body for all OpenAI activities …
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Jay Peters / The Verge:
OpenAI CTO Mira Murati becomes the company's interim CEO, and co-founder Greg Brockman steps down as the board's chairman but will remain OpenAI's president  —  “Mr. Altman's departure follows a deliberative review process by the board, which concluded that he was not consistently candid …
Ina Fried / Axios:
Sources: Apple pauses all its advertising on X after Elon Musk's endorsement of an antisemitic X post and reports that Apple ads ran next to pro-Nazi content  —  - The left-leaning nonprofit Media Matters for America published a report Thursday that highlighted Apple, IBM …
Nicholas Vinocur / Politico:
Internal note: the European Commission plans to “temporarily suspend” X advertising over widespread disinformation concerns and to avoid “reputational damage”  —  Ads on Musk-owned social media site risk causing ‘reputational damage’ to the EU, its executive says in internal note.
Hannah Murphy / Financial Times:
Todd Bishop / GeekWire:
Internal memo: Amazon plans to cut “several hundred roles” in its Alexa division as part of a broader shift in business priorities and a focus on generative AI  —  Amazon will eliminate several hundred roles in its Alexa division as part of a broader shift in priorities and a focus …
Cristina Criddle / Financial Times:
Martin Coulter / Reuters:
The EU Court of Justice says Apple filed a legal case contesting the European Commission's decisions under the DMA; Meta and TikTok separately filed cases too  —  Apple (AAPL.O) has filed a legal case contesting decisions taken by the European Commission under its recently-introduced Digital Markets Act …
Chance Miller / 9to5Mac:
Apple plans to show green bubbles for RCS messages and keep iMessages blue to denote what the company considers is the most secure way for iPhone users to text  —  Earlier today, Apple announced its plans to bring RCS support to the iPhone in 2024.  Since I published my story on the news this morning …
Yogita Khatri / The Block:
Coinbase updates Coinbase Commerce with its new open-source Onchain Payment Protocol, which offers instant settlement, low fees, and broad asset support  —  - Coinbase has built an open source “Onchain Payment Protocol” to improve its Commerce product.  — The protocol currently supports Ethereum, Polygon and Base ecosystems.
Mike Wheatley / SiliconANGLE:
Meta unveils new AI tools to edit images and generate videos from text instructions, based on Emu, its model for image generation announced in September 2023  —  Artificial intelligence researchers from Meta Platforms Inc. said today they have made significant advances in AI-powered image and video generation.
Dave:
Dave reports record Q3 revenue up 7% QoQ to $65.8m, Raises FY23 guidance on all metrics  —  Q3 Non-GAAP Variable Profit up 13% Q/Q Q3, Net Loss Improves by 47% Q/Q; Adj.  EBITDA Loss Improves 81% Q/Q to $2.5 Million
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Jonathan Greig / The Record:
MeridianLink confirms a cyberattack after a ransomware gang claimed to have reported the financial software company to the US SEC for not disclosing the breach  —  Financial software company MeridianLink confirmed that it is dealing with a cyberattack after the hackers behind …

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Dave:
Dave reports record Q3 revenue up 7% QoQ to $65.8m, Raises FY23 guidance on all metrics  —  Q3 Non-GAAP Variable Profit up 13% Q/Q Q3, Net Loss Improves by 47% Q/Q; Adj.  EBITDA Loss Improves 81% Q/Q to $2.5 Million
Zoho:
New features to boost your holiday sales in 2023!  —  Hey there, holiday enthusiasts!  Holiday events are meant to be a blast, and hosting them should be a breeze.  But if your event planning is turning into a chaotic snowstorm - we've got your back!
Olympix:
Web3 Security: Safeguarding Digital Assets in a Decentralized World  —  Discover crucial Web3 security practices in the ever-evolving landscape of decentralization and digital assets.
Techmeme Ride Home:
Fri. 11/17 - Apple Adopts RCS
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