Techmeme
August 9, 2023, 8:15 PM

Top News

CNN:
Filing: Twitter was fined $350K for not giving Trump's account data after special counsel Jack Smith got a warrant in January 2023; Twitter ultimately complied  —  The special counsel investigation into Donald Trump secured a search warrant of the former president's Twitter account …
Adam Chitwood / The Wrap:
Bob Iger says Disney is “actively exploring ways” to crack down on password sharing and “will roll out tactics to drive monetization sometime in 2024”  —  “We will roll out tactics to drive monetization,” the Disney CEO says  —  Disney+ will begin cracking …
Todd Spangler / Variety:
Disney plans to raise US prices of Disney+ Premium, Hulu without ads, and ESPN+, and to expand Disney+ ad-supported plans to Canada and nine European countries  —  Ad-supported Disney+ tier to expand to Canada, U.K. and eight other European countries this fall
Greg Stohr / Bloomberg:
SCOTUS lets Apple keep its App Store payment rules for now, rejecting an Epic request that would have let developers start directing users to cheaper options  —  - Supreme Court justice won't let appeals court ruling kick in  — Epic seeking to open App Store to lower-priced alternatives
David Pierce / The Verge:
Slack unveils its biggest redesign yet, adding a Home section, a left sidebar, a DMs section similar to the one in Teams, and “a unified inbox” Activity window  —  Slack is many things.  Which is kind of the problem. … Eventually, that even affects the “talk to your team” …
CNBC:
Sony reports Q1 revenue up 33% YoY to ~$20.7B, PS5 sales up 38% YoY to 3.3M, operating income down 31% YoY to ~$782M, and expects to sell 25M PS5s by March 2024  —  Sony on Wednesday reported a 31% fall in profit in the first fiscal quarter as its life insurance unit dragged on its bottom line …
Vishal Chawla / The Block:
Coinbase's Base mainnet opens to the public featuring 100+ dApps and service providers as part of the ecosystem, after a developer-specific release in July 2023  —  - The Base network, backed by Coinbase, has now officially been opened to the public.  — The Base network's journey began …
Ben Weiss / Fortune:
Aptos Labs partners with Microsoft to build a ChatGPT-powered Aptos Assistant and plans to host validator nodes on Azure; GitHub will add Aptos' Move to Copilot  —  Since the A.I.-hype train reached full speed earlier this year, there's been no shortage of crypto entrepreneurs trying to get a piece of the action.
Aaron Pressman / The Boston Globe:
Boston-based cybersecurity company Rapid7 lays off 18% of its staff, or ~470 people, and reports Q2 revenue up 14% YoY to $190M and net loss up 69% YoY to $67M  —  The Boston-based cybersecurity firm said the cuts will enable it to continue to grow while also freeing up cash
Andrew Duehren / Wall Street Journal:
Biden signs an executive order banning US investments in some Chinese companies developing advanced semiconductors and quantum computers, starting in 2024  —  Biden's order will also require U.S. private-equity and venture-capital firms to disclose certain investments
Andrew Tarantola / Engadget:
The US debuts a DARPA contest to build AI systems that can proactively identify and fix software flaws, with help from Anthropic, Google, Microsoft, and OpenAI  —  The winning systems will be able to analyze and correct vulnerable code in critical infrastructure.
Cecilia D'Anastasio / Bloomberg:
Take-Two reports Q1 net revenue up 17% YoY to $1.28B, net bookings up 20% YoY to $1.2B, and forecasts $8B in bookings for the fiscal year 2025, hinting at GTA 6  —  Take-Two Interactive Software Inc., the company behind video games like Grand Theft Auto, rose in extended trading …
Blake Brittain / Reuters:
Gizmodo EIC Dan Ackerman sues Apple, the Tetris Company, and others, accusing them of adapting his book about Tetris into a feature film without his permission  —  Dan Ackerman, editor in chief of the tech-news website Gizmodo, filed a lawsuit in Manhattan federal court on Monday accusing Apple …
Josh Ye / Reuters:
China plans to require that app developers file business details with the government or face sanctions from March 2024, likely creating headaches for developers  —  China will require all mobile app providers in the country to file business details with the government, its information ministry said …
Elizabeth de Luna / Mashable:
X begins making ad revenue payouts to smaller creators, after issuing payments to select accounts in July 2023; how X calculates the payouts remains unclear  —  ‘$8 to make $370 is a fantastic ROI for something I do anyway,’ one creator tweeted. … X is finally paying smaller creators …
Joel Khalili / Wired:
Sex workers who use crypto to store wealth and accept payment, bypassing the banking system, are finding the limits of its utility amid the regulatory scrutiny  —  Banks and payments companies have long penalized sex workers.  Many thought crypto would be a solution, but now exchanges are dumping them too.
Jay Peters / The Verge:
Meta rolls out the ability to let users verify their Threads profile on other social media platforms, like Mastodon, using “rel=me” links  —  To be clear, this isn't a free way to get a blue checkmark next to your Threads name; you'll probably need to pay Meta to get one of those.

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Earlier Picks

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