Techmeme
October 11, 2023, 2:45 PM

Top News

Paul Kunert / The Register:
Bernstein estimates Google pays Apple $18B to $20B per year, or 14% to 16% of Apple's operating profits, for default search; the DOJ values the deal at ~$10B  —  Bernstein estimates value of agreement, warns it and similar deals may end if DoJ wins antitrust case
Leah Nylen / Bloomberg:
Bloomberg:
Day two of Caroline Ellison's testimony: “stressed out” by Alameda losses, Alameda borrowed $13B from FTX users by June 2022, and $5B loaned to FTX executives  —  - Ellison takes witness stand for second day at SBF trial  — Prosecutors look at events from 2022 when crypto prices fell
New York Times:
Jez Corden / Windows Central:
Sources: at an Activision townhall hosted by James Corden, Bobby Kotick discussed Microsoft and Elon Musk's Neuralink, hinted at a Guitar Hero revival, and more  —  Kotick and Corden (not me) discuss the future of Activision.  —  What you need to know  — Sources familiar …
Emilia David / The Verge:
Adobe and other companies part of the C2PA establish “an icon of transparency” symbol, designed to encourage the tagging of AI-generated data in media content  —  Adobe and other companies have established a symbol that can be attached to content alongside metadata …
Tom Ivan / Video Games Chronicle:
Sony plans to launch PS5 game cloud streaming for PlayStation Plus Premium members in Japan on October 17, Europe on October 23, and North America on October 30  —  THE FEATURE WILL BE AVAILABLE TO PLAYSTATION PLUS PREMIUM MEMBERS  —  Sony Interactive Entertainment has announced plans …
Ashley Capoot / CNBC:
Letter: Thierry Breton urges Mark Zuckerberg to be “vigilant” about removing disinformation from Meta's platforms during the Israel-Hamas war  —  - European regulator Thierry Breton shared a letter to Meta CEO Mark Zuckerberg Wednesday urging the billionaire to be “vigilant” about removing disinformation.
CNN:
Allison Johnson / The Verge:
Google Pixel 8 and 8 Pro review: useful, if troubling, AI photo editing tools, 8 lacks some 8 Pro features despite both having the same chip, Tensor G3 runs hot  —  These might just be the Pixel phones we've been waiting for, but it all depends on how much trust you're willing to put into Google.
Victoria Song / The Verge:
BBC:
Study: if its current growth rate continues, the AI industry could consume as much energy as a small country like the Netherlands by 2027, or 85 to 134 TWh/year  —  The artificial intelligence (AI) industry could consume as much energy as a country the size of the Netherlands by 2027, a new study warns.
Anna Irrera / Bloomberg:
JPMorgan says BlackRock used the bank's TCN blockchain to move collateral almost instantaneously, vs. over the course of a day, and plans to add more clients  —  - Tech could speed transactions, see more efficient capital use  — JPMorgan had tested its Tokenized Collateral Network in May
Steven Scheer / Reuters:
Investors and analysts expect the Israel-Hamas war to derail the fragile recovery of Israel's tech sector, which accounts for 14% of the country's workforce  —  The spiralling conflict with the Palestinians is set to derail a fragile recovery in Israel's all-important tech sector …
Wall Street Journal:
Elizabeth Lopatto / The Verge:
California Governor Newsom signs the Right to Repair Act into law, effective for devices made and sold after July 1, 2021, minus game consoles and alarm systems  —  California Governor Gavin Newsom has signed SB 244, or the Right to Repair Act, into law, making it easier for owners …
Paresh Dave / Wired:
Spiegel Online:
An investigation details the Intellexa Alliance, a group of European surveillance companies marketing and selling spyware like Predator to dictators and despots  —  The Intellexa Alliance is the name of the shady group of European companies that supplies dictators and despots with cyberweapons.
Yoolim Lee / Bloomberg:
Samsung shares preliminary Q3 operating income and revenue ranges in line with analyst estimates, suggesting the global chip market may have started to recover  —  - Profit fall of 78% smaller than prior quarter's record plunge  — AI-related demand seen key to memory chip price recovery
Caitlin Huston / Hollywood Reporter:
The US FTC proposes a rule to require ticket sellers and others to show the total price to users upfront; Ticketmaster and SeatGeek have pledged all-in pricing  —  Ticketmaster and SeatGeek have already pledged to offer all-in pricing, but the rule would broaden it to other companies and industries.
David Shepardson / Reuters:
Utah sues TikTok, accusing the company of getting kids hooked via “algorithms and manipulative design features”, after similar lawsuits by Indiana and Arkansas  —  Utah sued Chinese-owned app TikTok on Tuesday, accusing it of harming children by intentionally keeping young users …
Bloomberg:
A look at FC 24, EA's first soccer video game after the company ended its FIFA licensing deal, estimated to be worth $160M/year, because FIFA demanded much more  —  Sitting in a mock living room at his office in Vancouver, John Shepherd gestures to a video game avatar of soccer star Erling Haaland on a screen beside him.

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More News

Kyle Chayka / New Yorker:
Bloomberg:

Earlier Picks

Kirsten Korosec / TechCrunch:
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Abner Li / 9to5Google:
Jonathan Greig / The Record: