Techmeme
September 11, 2023, 5:30 PM

Top News

Bloomberg:
Qualcomm says Apple extended its modem deal to “smartphone launches in 2024, 2025, and 2026”, instead of ending in 2023, suggesting Apple's own modem is delayed  —  - Pact between the companies had been scheduled to end this year  — The iPhone maker has been trying to create its own components
WABetaInfo:
WhatsApp releases an Android beta that adds a “Third-party chats” screen, revealing how Meta plans to comply with the EU's DMA chat interoperability regulations  —  WhatsApp is rolling out a new update through the Google Play Beta Program, bringing the version up to 2.23.19.8.
Reuters:
Filing: Instacart aims to raise up to $616M in its IPO at an up to $9.3B valuation and prices shares at $26 to $28; the listing is expected later in September  —  Instacart is aiming for a valuation of up to $7.73 billion, the grocery delivery company said on Monday, in its march toward …
Taylor Lorenz / Washington Post:
Reuters:
Sources: seeking to shore up its finances, Embracer is considering its options for US-based Borderlands developer Gearbox, acquired for $1.4B in February 2021  —  Embracer (EMBRACb.ST) is considering options for its U.S. game developer Gearbox Entertainment including a sale …
Jack Schickler / CoinDesk:
Filing: FTX's estate has now marshalled ~$7B in assets, including $2.6B in cash, $1.16B in solana, $560M in bitcoin, and ~$200M in 38 properties in the Bahamas  —  The company says it paid billions to executives including founder Sam Bankman-Fried before filing for bankruptcy last year.  —  Register Now
Zack Abrams / The Block:
Robert Silverman / The Daily Beast:
An investigation finds that Barstool Sports apparently controls 40+ “burner” X accounts to launder viral copyright-protected videos for its legitimate accounts  —  A Daily Beast investigation found more than 40 content-swiping Twitter accounts apparently controlled by Barstool …
Hunter Walk:
Why there has never been a better time to be an online creator: it might be harder than ever to earn $1M per year, but it has never been easier to make $50K  —  I judge the health of the creator economy by one single controversial factor: ease of access and probability of survival for its participants.
Zac Bowden / Windows Central:
Microsoft drops software support for the first-generation Surface Duo, three years after its launch; the Android smartphone received only two major OS updates  —  On its third birthday, the original Surface Duo is no longer supported by Microsoft.  —  What you need to know
Dylan Martin / CRN:
Nvidia claims TensorRT-LLM will double the H100's performance for running inference on leading LLMs when the open-source library arrives in NeMo in October  —  The AI chip giant says the open-source software library, TensorRT-LLM, will double the H100's performance for running inference …
Wall Street Journal:
A competition between Wharton MBA students and ChatGPT that judges generating ideas for a new product or service finds that 35 of the top 40 came from ChatGPT  —  We put humans and AI to the test.  The results weren't even close.  —  How good is AI in generating new ideas?

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More News

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Earlier Picks

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