Techmeme
August 1, 2023, 8:35 PM

Top News

Bryan Pietsch / Washington Post:
X sues the Center for Countering Digital Hate, alleging CCDH researchers violated Twitter's terms of service and the CFAA while studying hate speech on the site  —  X, the company formerly known as Twitter, sued a research group that had investigated hate speech on the social media platform …
Carly Page / TechCrunch:
Halcyon: Cloudzy, a Wyoming-registered web hosting company likely operating out of Tehran, is acting as a command-and-control provider for state-backed hackers  —  A little-known cloud company provided web hosting and internet services to more than two dozen different state-sponsored hacking groups …
Chavi Mehta / Reuters:
Meta begins the process to end news access on Facebook and Instagram in Canada, in response to a law forcing some companies to negotiate deals to pay publishers  —  Meta Platforms (META.O) said on Tuesday it has begun the process to end access to news on Facebook and Instagram for all users in Canada.
Financial Times:
Source: Meta plans to release AI chatbots with personalities, which staff call “personas”, like Abraham Lincoln, as soon as September 2023, to boost engagement  —  Facebook owner seeks to seize on hype for AI while challenging rivals such as OpenAI, Snap and TikTok
Annie Palmer / CNBC:
Amazon expands its Amazon Clinic virtual health service to 50 US states and DC, available via video or texting; regulations limit the SMS feature to 34 states  —  - Amazon is expanding its virtual clinic service nationwide.  — The company launched Amazon Clinic last November …
Dean Takahashi / VentureBeat:
Adobe, Apple, Autodesk, Nvidia, Pixar, and the Linux Foundation form the Alliance for OpenUSD, to standardize Pixar's Universal Scene Description graphics tech  —  Five major companies in the 3D content industry — Adobe, Apple, Autodesk, Nvidia and Pixar — have come together to form the Alliance for OpenUSD (AOUSD).
Preetika Rana / Wall Street Journal:
Uber reports Q2 revenue up 14% YoY to $9.23B, gross bookings up 16% YoY to $33.6B, and a $394M net income, its first operating profit, vs. a $2.6B net loss YoY  —  Ride-hailing and delivery businesses grew in the second quarter, though freight shrank  —  Uber Technologies posted …
Steven Levy / Wired:
Sarah Perez / TechCrunch:
In a challenge to TikTok, YouTube releases new Shorts creation tools for remixing, adding effects, going live, as well as an interactive Q&A sticker, and more  —  As competition with TikTok and Instagram Reels heats up, YouTube today announced an expanded suite of creation tools …
Kif Leswing / CNBC:
AMD reports Q2 revenue down 18% YoY to $5.36B, net income down 94% YoY to $27M, Client revenue down 54% YoY to $998M, and Data Center revenue down 11% to $1.3B  —  - AMD said revenue for the second quarter fell 18% from a year earlier, but results still topped analysts' estimates
Bloomberg:
After Curve disclosed a hack, CRV fell ~25% in three days, prompting fears of wider crypto market turbulence; DefiLlama: crypto using Curve fell 50%+ to $1.7B  —  - Curve's native CRV coin posted three-day, 25% slump after hack  — Drop raised concerns about wider fallout from platform's woes
Sam Schechner / Wall Street Journal:
Under pressure from EU regulators, Meta offers to seek user consent in the EU for targeted ads based on users' activity, sources say as soon as October 2023  —  Under pressure from regulators, the Facebook and Instagram owner proposes asking users to opt in before targeting ads with their digital activity
Reuters:
Match Group reports Q2 revenue up 4% YoY to $830M, vs. $811M est., payers down 5% YoY to 15.6M, and forecasts Q3 revenue above estimates; MTCH jumps 11%+  —  Match Group (MTCH.O) forecast revenue for the third quarter above Wall Street estimates on Tuesday, as the Tinder parent expects stronger marketing …
Rita Liao / TechCrunch:
Apple removes many generative AI apps from its China App Store, supposedly over 100, ahead of China's new generative AI rules set to take effect on August 15  —  Multiple generative AI apps have been removed from Apple's China App Store, two weeks ahead of the country's new generative AI regulations …
Christian Davies / Financial Times:
A look at South Korea's position in the tech “cold war”, as the country pivots away from China's economy and prepares to comply with the US-led China chip ban  —  Washington is courting chipmakers and battery manufacturers with large subsidies but demanding they loosen ties with their other major market
Bloomberg:
More: Tom's Hardware and The Hill
Twitter: @zschneeweiss, @byron_wan, @parismarx, and @pelstromForums: Slashdot

Sponsor Posts

Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
F5:
Accelerate AI Adoption at F5's AI Virtual Summit  —  Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23.  Register now to save your spot.
Zoho:
How to Build Your Agentic Data Foundation with Zoho Analytics and Zoho DataPrep  —  Parts 1 and 2 covered why agents need a data foundation and what the right architecture looks like.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Invest Like the Best:
Vlad Barbalat - Investing $120 Billion in Permanent Capital
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Big Technology Podcast:
The Fable Ban's Unintended Consequences + AI's New Economics — With Aaron Levie
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Acquired:
The Walt Disney Company
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
Subscribe to Acquired.
Lenny's Podcast:
What happens after coding is solved? | Fiona Fung (Manager of the Claude Code and Cowork Teams)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
The Upstarts Podcast:
Mutiny's Jaleh Rezaei: Walking Away From Millions In Software To Grow Even Faster With Sales AI
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 8:35 PM ET, August 1, 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.

More News

Eari Nakano / Bloomberg:
Aisha Malik / TechCrunch:

Earlier Picks

New York Times:
Bloomberg:
Jeremy Hill / Bloomberg:
Joe McDonald / Associated Press: