October 19, 2023, 7:55 PM

Top News

Leo Schwartz / Fortune:
New York AG Letitia James sues lender Genesis, its parent company DCG, and the Winklevoss' exchange Gemini for allegedly defrauding 230K+ investors of $1B+  —  New York Attorney General Letitia James is suing the Winklevoss twin-led exchange Gemini along with the crypto lending firm Genesis …
RT Watson / The Block:
Chainalysis says some recent media reports about the supposed use of crypto by terrorist organizations might be overstating metrics and using “flawed analyses”  —  - Chainalysis said some recent reports about the supposed use of crypto by terrorist organizations might be overstating metrics and using “flawed analyses.”
Lorenzo Franceschi-Bicchierai / TechCrunch:
23andMe is investigating a possible new data leak of 4M users' records on BreachForums; the hacker claims the dataset includes info on people from Great Britain  —  The same hacker who leaked a trove of user data stolen from the genetic testing company 23andMe two weeks ago has now leaked millions of new user records.
Jim Salter / Associated Press:
The FBI and the DOJ say thousands of IT workers sent by North Korea to work remotely for US companies using false IDs have sent millions in wages to North Korea  —  Thousands of information technology workers contracting with U.S. companies have for years secretly sent millions of dollars …
New York Times:
Jon Stewart's Apple TV+ show ends after two seasons, sources say over creative differences; source: Stewart said China and AI topics concerned Apple executives  —  Mr. Stewart and Apple are parting ways because of creative differences over “The Problem,” people with knowledge of the decision said.
Dan Goodin / Ars Technica:
A researcher details malicious and convincing Google ads linking to a fake site for password manager KeePass; Google shows a verified advertiser paid for them  —  Google-verified advertiser + legit-looking URL + valid TLS cert = convincing look-alike.  —  Google has been caught hosting …
Gavin Bonshor / AnandTech:
AMD announces new Ryzen Threadripper 7000 CPUs for desktops and workstations, offering up to 96 cores on the 7000 Pro series, shipping on November 21 for $1500+  —  Having just recently crossed the one-year anniversary of AMD's first Zen 4 architecture CPUs - the Ryzen 7000 series …
Wes Davis / The Verge:
The FCC unanimously approves a petition by Apple, Meta, Google, Microsoft, and others for access to the 6GHz band for Wi-Fi tethering for AR and VR headsets  —  The FCC has unanimously approved plans by several tech companies to use the 6GHz band for wireless devices.
John Thornhill / Financial Times:
Meta's Yann LeCun says regulating R&D for AI “is incredibly counterproductive” and would only serve to reinforce Big Tech's dominance and stifle competition  —  Artificial intelligence is still dumber than cats, says pioneer Yann LeCun, so worries over existential risks are ‘premature’
Financial Times:
Financial Times:
Filing: the US SEC drops charges alleging Ripple executives Brad Garlinghouse and Chris Larsen aided and abetted the company in violating securities laws  —  The regulator had included them as defendants in its securities violation case revolving around XRP transactions, and the agency now says it's just pursuing Ripple for damages.
Emma Roth / The Verge:
WhatsApp plans to start letting Android users switch between two accounts in the coming weeks; a second account will still need a separate phone number and SIM  —  If you use two different WhatsApp accounts, you'll soon be able to access both from just one device.
Tom Warren / The Verge:
Discord overhauls its moderation tools with a new warning system and a teen safety assist feature, plans to roll out an in-app store for all users, and more  —  Discord is overhauling the way it moderates its platform with a new warning system and teen safety assist feature.
Devin Coldewey / TechCrunch:
The FCC votes 3-2 to invite the US public to comment on re-establishing net neutrality rules; the broader effort still faces a long legal and political battle  —  The Federal Communications Commission officially began its effort to re-establish net neutrality at its monthly meeting today …
Umar Shakir / The Verge:
OpenAI rolls out DALL-E 3 access to ChatGPT Plus and Enterprise subscribers, after preparing a safety mitigation stack to ready the model for expanded release  —  OpenAI is launching wider availability of its latest text-to-image generator.  On Thursday, the company is giving ChatGPT Plus …
TSMC reports Q3 revenue down 14.6% YoY to ~$17.28B, net income down 24.9% YoY to ~$6.5B, and projects $32B in capital spending for 2023, vs. $30.5B est.  —  - Sales and capex projections both came in ahead of estimates  — World's most advanced chipmaker is struggling with a downturn
Arjun Kharpal / CNBC:
Nokia plans to cut up to 14,000 jobs, or ~16% of its 86,000 employees, and reports Q3 2023 net sales down 20% YoY to €4.98B and profit down 69% YoY to €133M  —  - Nokia said it would cut up to 14,000 jobs as part of a cost cutting plan following third quarter earnings that plunged.
Carly Page / TechCrunch:
Law enforcement agencies, including from the US, the EU, and Japan, seize the RagnarLocker ransomware group's dark web portal as part of an “ongoing action”  —  An international group of law enforcement agencies have seized the dark web portal used by the notorious RagnarLocker ransomware group, TechCrunch has learned.
Luc Cohen / Reuters:
US v. SBF: FTX's ex-top lawyer says SBF asked him to form “legal justifications” for why FTX was missing $7B in user funds, undermining SBF's good-faith defense  —  Cryptocurrency exchange FTX's former top lawyer testified on Thursday at its founder Sam Bankman-Fried's fraud trial …
Shaurya Malwa / CoinDesk:
Maria Heeter / The Information:
Trucking marketplace Convoy starts shutting down; sources: the startup had ~$320M in 2023 revenue by early October, on pace to fall short of the $630M in 2022  —  Trucking startup Convoy is shutting down, the company told employees and investors on Thursday, in a dramatic collapse of a business …

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This is a Techmeme archive page. It shows how the site appeared at 7:55 PM ET, October 19, 2023.

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Earlier Picks

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