Techmeme
September 5, 2023, 5:05 PM

Top News

Allison Johnson / The Verge:
Google refreshes Android's logo and releases updates to its mobile app and services, including its “At a Glance” widget and its visual accessibility app Lookout  —  Google is releasing a grab bag of updates to its mobile apps and services, including an At a Glance Google Assistant widget …
Tom Warren / The Verge:
Microsoft rolls out a new Xbox dashboard that lets users stream Xbox gameplay one-way to anyone on Discord, a tool for reporting Xbox voice chat clips, and more  —  Microsoft is rolling out a new Xbox dashboard for September that includes the ability to stream your Xbox gameplay to Discord friends …
Manya Saini / Reuters:
Filing: SoftBank aims to raise up to $4.87B by offering 95.5M Arm shares priced around $47-$51, which would set a ~$52B valuation and mark 2023's biggest US IPO  —  SoftBank Group's (9984.T) Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday.
Mark Bergen / Bloomberg:
Meta plans to deprecate the Facebook News tab in the UK, France, and Germany in early December 2023 and won't sign new deals for news content in those countries  —  The company will “deprecate” the news tab — a Facebook feature to prominently display news material — for users in the UK, Germany and France.
Wall Street Journal:
How Spotify's $1B+ bet on building a podcast empire has not paid off: most shows aren't profitable, exclusives don't work, cutting staff and originals, and more  —  The prospect of podcast riches led to aggressive investments in celebrity deals and original programming for what appeared a sky's-the-limit media frontier
Financial Times:
Margrethe Vestager is stepping down as the EU's competition chief to run for a job at the EIB, and justice commissioner Didier Reynders will now assume the role  —  Belgian politician appointed while incumbent Margrethe Vestager targets top job at European Investment Bank
Steven Levy / Wired:
An in-depth profile of OpenAI, CEO Sam Altman, CTO Mira Murati, and others, who all see ChatGPT and GPT-4 as stepping stones to an AGI that is safe for humanity  —  The young company sent shock waves around the world when it released ChatGPT.  But that was just the start.  The ultimate goal: Change everything.
New York Times:
Analysis: lawyers, accountants, consultants, and more have charged $700M+ in fees since 2022 in the bankruptcies of FTX, Celsius, Voyager, BlockFi, and Genesis  —  Bankruptcy lawyers and other corporate turnaround specialists have reaped major fees from the bankruptcies of five cryptocurrency companies, including FTX.
Jessica Toonkel / Wall Street Journal:
Antenna: MLS Season Pass had 110K+ US signups on July 21, the day of Messi's first MLS match, up from 6,143 on July 20; July was TV+'s best signup month in 2023  —  Soccer superstar attracts over 110,000 sign-ups to MLS Season Pass on day of first game  —  Soccer superstar Lionel Messi helped drive a surge in U.S. subscriptions to
Yuvraj Malik / Reuters:
Intel and Tower Semiconductor say the Israeli contract chipmaker plans to invest $300M in Intel's New Mexico factory, after their $5.4B deal collapsed in August  —  Intel (INTC.O) will offer foundry services to Tower Semiconductor (TSEM.TA) in a new deal that will see the Israeli contract …
Supantha Mukherjee / Reuters:

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