Open Links In New Tab
Mobile Archives Advertise Site News Contact Editors
Techmeme
August 25, 2023, 2:30 PM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Natasha Lomas / TechCrunch:
The EU's DSA goes into effect, forcing platforms like Facebook, Instagram, YouTube, and TikTok to let users opt out of profiling-based content recommendations  —  Internet users in the European Union are logging on to a quiet revolution on mainstream social networks today: The ability to say ‘no thanks’ to being attention hacked by AI.
Wall Street Journal:
The US Treasury proposes new rules that would treat crypto exchanges more like stockbrokers, requiring them to report gross proceeds to the IRS starting in 2026  —  Long-delayed regulations would treat crypto platforms more like brokers who handle stocks and mutual funds
Ryan Smith / AnandTech:
AMD announces new Radeon RX 7000 series video cards, the $449 RX 7700 XT and the $499 7800 XT, based on its new Navi 32 GPU and aimed at the 1440p gaming market  —  With the Gamescom convention taking place in Germany this week, AMD is using Europe's largest video game trade show as the venue …
Ariel Bogle / The Guardian:
The New York Times, CNN, Reuters, and other outlets block OpenAI's GPTBot web crawler from accessing their content; some have also blocked Common Crawl's CCBot  —  Chicago Tribune and Australian newspapers the Canberra Times and Newcastle Herald also appear to have disallowed web crawler from maker of Chat GPT
AJ Vicens / CyberScoop:
Microsoft says Flax Typhoon, a hacking group active since mid-2021 with suspected Beijing ties, is targeting dozens of organizations in Taiwan, and elsewhere  —  A group dubbed Flax Typhoon has targeted “dozens” of Taiwanese organizations, according to new research from Microsoft.
Yueqi Yang / Bloomberg:
Mastercard and Binance plan to end their Latin America and Middle East card partnership on September 22; Visa stopped issuing Binance cards in Europe in July  —  - Visa halts issuing new Binance Card while Mastercard ends pact  — Crypto exchange under legal and regulatory challenges globally
Julian Chokkattu / Wired:
Citizen suspends sales of its $350+ CZ Smart smartwatch, launched on May 1; review units had serious issues, like screen freezing and inaccurate tracking data  —  The second-generation CZ Smart launched a few months ago.  Both the company and reviewers have found serious technical issues.
Washington Post:
How Meta and YouTube, battered by content moderation fights, are following X in retreating from policing political misinfo, raising US 2024 election fears  —  Facebook and YouTube are receding from their role as watchdogs against conspiracy theories ahead of the 2024 presidential election
Manish Singh / TechCrunch:
Grocery delivery startup Zepto raised a $200M Series E led by StepStone at a $1.4B valuation, India's first 2023 unicorn and taking its total funding to ~$560M  —  Instant grocery delivery startup Zepto has raised $200 million in a new funding round at a valuation of $1.4 billion, it said Friday …
David Jeans / Forbes:
NYC-based digital lender Better.com closed down 94% in its Nasdaq debut on August 24, after a SPAC merger with Aurora Acquisition Corp  —  Once valued at $7.7 billion, Vishal Garg's SoftBank-backed company faced a cratering stock price and no plans for profitability as it went public Thursday via a SPAC merger.
Dan Primack / Axios:
Instacart files for a US IPO set for September; after being valued at $39B in 2021, the company repeatedly cut its valuation, reportedly to $13B in October 2022  —  Grocery delivery giant Instacart on Friday filed for its initial public offering, with expectations that its shares will begin trading on the Nasdaq next month.

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics  —  Equals AI turns questions about your business into auditable spreadsheet models and dashboards.  Build once, iterate for years.
Zoho:
Stop re-entering invoices between CRM and accounting systems  —  This is a guest blog from Xapplets (Zeeyes).There's a workflow most growing teams know well.  Sales closes a deal in the CRM.
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.
Sponsor Techmeme

Featured Podcasts

Training Data:
 Factory's Matan Grinberg: The Coming 'Dark Factory' Where Software Builds Itself
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
 Matthew Smith — Natural Gas: The Next Bottleneck
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
 Why Netflix is betting on systems thinkers—not specialists—in the AI era | Elizabeth Stone (CPTO)
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.
Big Technology Podcast:
 Kimi K3 & AI's Price War, What Happened To Google?, OpenAI's Partner Trouble
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.
Great Chat:
 Never follow your heroes (on X)
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Tools and Weapons with Brad Smith:
 Connecting the Unconnected: Doreen Bogdan-Martin
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.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:30 PM ET, August 25, 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.

From Mediagazer

Gene Maddaus / Variety:
A US judge orders a temporary halt to the Paramount-WBD merger, as a 12-state coalition, led by California, argues it would violate federal antitrust law

Michael M. Grynbaum / New York Times:
Unsealed docs: the DOJ sought phone records of NYT reporters and their relatives in an extraordinary attempt to unmask sources of NYT's Air Force One coverage

MJ Franklin / New York Times:
How publishers are cashing in on surging public interest in The Odyssey through splashy reissues; Circana BookScan says sales of The Odyssey rose by 76% YoY

More News

Charlize Alcaraz / BetaKit:
Toronto-based Ideogram raised a $16.5M seed led by a16z and Index Ventures and launches a beta of Ideogram AI, its generative AI-based text-to-image product
Sahil Patel / The Information:
Sources: Amazon has had early talks with Disney about working on a streaming version of ESPN, possibly helping with distribution while taking a minority stake

Earlier Picks

Emily Bary / MarketWatch:
Affirm reports Q4 revenue up 22% YoY to $446M, vs. $406M est., net loss up 11% YoY to $206M, and GMV up 25% YoY to $5.5B, vs. $5.3B est.; AFRM jumps 20%+
Brody Ford / Bloomberg:
Dropbox ends its unlimited option, capping its “all the space you need” storage plan to 5TB, after some abused the tier by pooling storage, reselling, and more
Brendan Case / Bloomberg:
Walmart partners with Alphabet's Wing to test drone deliveries of up to six miles at two stores in the Dallas area, dropping off food and household essentials
Nathan McAlone / Insider:
OnlyFans reports revenue up 17% YoY to $1.1B in the FY to November 30, 2022, profit up 24% YoY to $404M, creators up 47% YoY to 3.2M, and users spent $5.6B
Emilia David / The Verge:
Meta debuts Code Llama, which can generate code and debug human-written work, under the same community license as Llama 2, free for research and commercial use
Foo Yun Chee / Reuters:
To comply with the EU's DSA, Google plans to expand its Ads Transparency Center and offer more info on EU targeted ads, give researchers more access, and more
Brian Heater / TechCrunch:
Apple voices its support for California's Right to Repair Act, which passed a Senate vote 38-0 in May 2023 and now awaits approval before a full assembly vote
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter