Techmeme
October 5, 2023, 5:40 PM

Top News

Austin Weinstein / Bloomberg:
Filing: the US SEC sues Elon Musk to force him to testify in its probe into his Twitter takeover in 2022, after Musk failed to appear for testimony in September  —  - Agency says that billionaire failed to appear last month  — Musk attorney says that his client testified multiple times
Sheila Dang / Reuters:
Analytics firm Guideline: X's monthly US ad revenue has declined 55%+ YoY in each of the 10 months after Elon Musk's October 2022 takeover through August 2023  —  Monthly U.S. ad revenue at social media platform X has declined at least 55% year-over-year each month since billionaire Elon Musk bought …
Shawn Tully / Fortune:
How interest rates and X's weak performance, which prevented banks from unloading their debt, gave Elon Musk the upper hand before X CEO's meeting with banks  —  Elon Musk may hold the upper hand when negotiating with the banks that financed his Twitter bid.  —  LEAH MILLIS—REUTERS
Tom Warren / The Verge:
The CMA opens an investigation into the supply of public cloud infrastructure services in the UK with the deadline of April 4, 2025, following Ofcom's referral  —  The clouds are gathering over Microsoft's Azure operations in the EU and now the UK, with the launch of a new investigation …
Ryan Browne / CNBC:
Ofcom finds that “hyperscalers” like AWS and Microsoft Azure are limiting competition in the UK's cloud market by making it difficult for businesses to switch  —  - Ofcom is concerned that so-called “hyperscalers” like Amazon Web Services and Microsoft Azure are limiting competition in the cloud computing market.
Bryant Francis / Game Developer:
Epic Games plans an Unreal Engine per-seat licensing fee for non-gaming sectors like film and TV; Tim Sweeney says “financial problems” hit Epic ~10 weeks ago  —  A week after laying off almost 900 employees, Epic Games announced that it's increasing the price to use Unreal Engine …
Tom Warren / The Verge:
Leah Nylen / Bloomberg:
US v. Google: in 2018 and 2019, Apple and DuckDuckGo talked changing Safari private mode's default search engine; an Apple exec said it's “probably a bad idea”  —  - DuckDuckGo spoke with Apple about 20 times on possible change  — Apple exec testified he viewed it as ‘probably a bad idea’
Emanuel Maiberg / 404 Media:
Some 4chan users are running a coordinated campaign to flood the internet with racist images created using Bing's text-to-image generator powered by DALL-E 3  —  A coordinated campaign to flood the internet with racist images is using Bing and DALL-E 3's text-to-image AI tool.
Ben Schoon / 9to5Google:
Samsung unveils the Galaxy SmartTag 2, with a revamped design, Bluetooth, UWB, and still compatible only with Samsung devices, available on October 10 for $30  —  As the smart tracker market waits for Google to shake things up on the Android side of things, Samsung has today unveiled the Galaxy SmartTag 2 …
Wall Street Journal:
Sources: some US FTX staff found and internally reported Alameda's backdoor used to allegedly withdraw billions in client funds, months before FTX's collapse  —  The crypto exchange allowed Alameda to have a negative balance of up to $65 billion, prosecutors say
George Dvorsky / Gizmodo:
Amazon's Project Kuiper plans to launch its first demo internet satellites, KuiperSat-1 and KuiperSat-2, on October 6 for its 3,236-satellite megaconstellation  —  Jeff Bezos's space venture, Project Kuiper, is set for a Friday launch, aiming to challenge Elon Musk's Starlink in the satellite internet arena.
Sebastiaan de With / Lux:
In-depth iPhone 15 Pro Max camera review: native 24MP capture and 5x lens represent one of the biggest camera upgrades in iPhone's history for everyday users  —  Sebastiaan de With reviews the latest telephoto-equipped camera out of Cupertino in our annual iPhone 15 Pro Max camera review.
Financial Times:
Belgium's intelligence service has been monitoring Alibaba's logistics hub in Europe at Liège's cargo airport to detect “possible espionage” by Chinese entities  —  Belgian security service says Chinese group's logistics arm in Liège under scrutiny over use of sensitive data

Sponsor Posts

Termina:
AI Powered Diligence at Scale  —  VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities.  Explore how you too can invest and build better companies with AI.
Zoho:
Top live chat software in 2025  —  When it comes to customer communication, every second counts for businesses because it leads to either a treasure trove or an empty cave.  To help with this …
SBS Comms:
Expect Better: SBS Comms  —  The media landscape is changing fast, so don't be slow — out with the old, in with the new.  SBS helps tech companies like GitHub, Cloudflare, Flexport, Ramp and more modernize comms and secure impactful results.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
Arm Upends The Entire Semiconductor Industry
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Logan Bartlett Show:
Andy Price (Artisanal): Executive Hiring Advice from the Founder of Tech's Top Recruiting Firm
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Decoder with Nilay Patel:
The FCC is a weapon in Trump's war on free speech
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Generative Now:
Mike Krieger: Product Building Lessons from Co-Founding Instagram to Leading Product at Anthropic
A podcast from Lightspeed dedicated to highlighting the stories, strategies and insights behind today's most exciting AI companies.
Subscribe to Generative Now.
Channels with Peter Kafka:
BuzzFeed wants to build a... social network?
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Marc Andreessen - The Battle For Tech Supremacy
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:40 PM ET, October 5, 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

Earlier Picks

Natalie Korach / The Wrap:
Abner Li / 9to5Google:
Juli Clover / MacRumors:
Ivan Mehta / TechCrunch:
Steve Dent / Engadget:
Wes Davis / The Verge:
Sarah Perez / TechCrunch: