Techmeme
November 24, 2023, 9:10 PM

Top News

New York Times:
Internal docs: X may lose ~$75M in ad revenue by 2023 end as Amazon, Microsoft, and other major brands halted or consider halting ads; X says it may lose $11M  —  Internal documents show companies like Airbnb, Coca-Cola and Microsoft have halted ads, or may do so, after Elon Musk's endorsement of an antisemitic conspiracy theory.
Reuters:
Sources: Nvidia told Chinese customers it's delaying the launch of H20, the most powerful of three AI chips it designed to comply with US rules, until Q1 2024  —  Nvidia (NVDA.O) has told customers in China it is delaying the launch of a new artificial intelligence chip it designed to comply …
Bill Toulas / BleepingComputer:
Denver-based healthcare software provider Welltok reports a July 2023 data breach exposed ~8.5M US patients' data, making it the second largest MOVEit breach  —  Healthcare SaaS provider Welltok is warning that a data breach exposed the personal data of nearly 8.5 million patients in the U.S …
Tom Warren / The Verge:
After users complained about seeing a fullscreen pop-up ad in Assassin's Creed Odyssey on both Xbox and PlayStation, Ubisoft blames a “technical error”  —  Ubisoft is blaming an unspecified “technical error” for a fullscreen pop-up ad that appeared in Assassin's Creed Odyssey this week.
Michael Roddan / The Information:
FOIA docs: Prashant Bhardwaj, hired in March as the US OCC's first officer to police fintech firms, lied about his work history; OCC quietly replaced Bhardwaj  —  In March, the Office of the Comptroller of the Currency—the powerful federal banking regulator—tapped Prashant Kumar Bhardwaj …
Forbes:
An investigation identifies four secret bitcoin mining facilities in Bhutan, built using $220M in chips imported from China between 2021 and 2022  —  Dozens of shipping containers lie hidden behind a hillside south of Thimphu, the Himalayan capital of Bhutan, one of the world's most isolated nations.
Stuart Dredge / Music Ally:
TikTok-funded report: TikTok users are much likelier to pay for a music streamer than the average consumer and spend more on concerts than the average listener  —  - Click to email a link to a friend (Opens in new window)  —  TikTok has commissioned research firm Luminate for a new report analysing its impact on music.
Bloomberg:
Foxconn founder Terry Gou drops out of Taiwan's presidential race, saying “I choose to sacrifice myself for the greater good”  —  - Tech tycoon had languished in fourth place in opinion polls  — Beijing signaled concern Gou would split China-friendly vote
Sam Reynolds / CoinDesk:
A Montenegro court approves the extradition of Terraform Labs co-founder Do Kwon; the justice minister will decide if he will go to South Korea or the US  —  Minister will decide if Kwon will be extradited to the U.S. or South Korea.  —  Register Now  —  A court in Podgorica …

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More News

NBC News:
Lee Yeon-Woo / The Korea Times:
Abner Li / 9to5Google:

Earlier Picks

Bloomberg:
Alan Baldwin / Reuters:
Jon Victor / The Information: