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Techmeme
December 12, 2023, 6:35 PM
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Top News

Gene Park / Washington Post:
The ESA shuts down the Electronic Entertainment Expo, or E3, after new competitors, partner withdrawals, changing audience habits, and more; E3 began in 1995  —  The collapse ends years of attempts to revive the event that once dominated the industry  —  The Electronic Entertainment Expo …
Kif Leswing / CNBC:
Epic Games CEO Tim Sweeney discusses beating Google, but not Apple, thanks to a jury trial, Google erasing chats, and because “Apple didn't write anything down”  —  - The verdict is a significant win for Epic Games and its CEO Tim Sweeney, which have been fighting against mobile app stores …
Bloomberg:
Google's legal defeat to Epic threatens to roil an app store duopoly with Apple that generates nearly $200B/year and accelerate the weakening of app store rules  —  - Jury decision poised to accelerate crumbling of business model  — Case takes aim at app store commissions of up to 30%
Daryna Antoniuk / The Record:
Kyivstar, Ukraine's largest telco, is mitigating a cyberattack that led to a “large-scale technical failure”, leaving millions without internet and cell service  —  Kyivstar customers began complaining about network and internet outages in the early morning.
Wall Street Journal:
Apple releases an iOS beta with Stolen Device Protection; if enabled, the feature limits actions like Apple ID password resets when not in a “familiar location”  —  Stolen Device Protection can prevent criminals from using your passcode to change your Apple account
Foo Yun Chee / Reuters:
Sources: Apple offers to let rivals access its tap-and-go payments systems for mobile wallets, hoping to settle EU antitrust charges and avoid a possible fine  —  Apple (AAPL.O) has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets …
Kurt Wagner / Bloomberg:
Sources: X generated just over $600M in ad revenue in each of 2023's first three quarters, down from $1B+ per quarter in 2022 and on track for ~$2.5B in 2023  —  - X to miss internal goals for ad revenue, people familiar say  — Musk's personal tweets continue to scare off advertisers
Jay Peters / The Verge:
Netflix publishes its first What We Watched report, detailing the most-watched content from January to June 2023; The Night Agent was #1 with 812M+ hours viewed  —  Netflix is going to start publishing a new report twice a year that details the most popular shows and movies on the platform.
Ava Benny-Morrison / Bloomberg:
Stanford professor David Mills, who led SBF's defense as a favor to his parents, says the ex-FTX CEO is “the worst person I've ever seen do a cross examination”  —  Stanford Law Professor David Mills, who led defense for FTX's Sam Bankman-Fried as favor to his parents, now fears ‘unwinnable’ case has ended their friendship.
Simon Sharwood / The Register:
Broadcom's VMware Cloud Foundation Division announces the end of perpetual licenses and a move to subscriptions, plus a simplification of its product portfolio  —  Also kills perpetual licenses, adds a vSphere bundle for smaller users  —  +COMMENT Broadcom's VMware Cloud Foundation Division …
Scott Stein / CNET:
Meta adds multimodal AI to its Meta Ray-Ban smart glasses as an early access beta in the US, letting Meta AI answer voice queries by taking and analyzing photos  —  I tried these Ray-Ban AI glasses, and they're pretty wild.  Here's how the experimental feature works.  —  “Hey, Meta.
Carl Franzen / VentureBeat:
Microsoft releases Phi-2, an AI language model the company says outperforms Mistral and Llama 2 at 7B and 13B parameters and is small enough to run on a phone  —  The rapid pace of generative AI news and announcements isn't slowing down, even as we reach the final stretches of 2023 and the traditional winter holiday quiet period.
CNN:
A US GAO review of nearly 24 agencies' AI usage catalogs 200+ current applications and 500+ planned uses of AI and ML, despite the lack of government guidance  —  The US government plans to vastly expand its reliance on artificial intelligence, but it is years behind on policies …
Reuters:
Seychelles-based crypto exchange KuCoin agrees to block New York state users and pay $22M to settle a lawsuit brought by New York AG Letitia James in March 2023  —  New link at Reuters
David Shepardson / Reuters:
Gina Raimondo says Nvidia “can, will, and should” sell AI chips to China for commercial use, but not advanced AI chips, and spoke to Jensen Huang about US rules  —  The Biden administration is in discussions with Nvidia Corp (NVDA.O) about permissible sales of artificial intelligence chips …
Jordan Novet / CNBC:
OpenAI's nonprofit arm reports $44,485 in 2022 revenue, despite the company being valued at ~$86B, avoiding California's $2M threshold for auditing its finances  —  - OpenAI's nonprofit organization generated $44,485 in revenue in 2022, almost entirely from investment income …
More: The Register

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From Mediagazer

Todd Spangler / Variety:
FCC Chairman Brendan Carr says ABC's decision to not carry Trump's July 16 speech about elections live will be part of its review for ABC-owned station licenses

Dade Hayes / Deadline:
TelevisaUnivision reports Q2 revenue up 10% to $1.3B due to FIFA rights in Mexico, US ad revenue down 29% to $323.3M, subscription and licensing up 40% to $621M

Kelcee Griffis / Bloomberg:
Comcast reports Peacock revenue up 54% YoY to $1.9B and its adjusted EBITDA of $189M, its first-ever quarterly profit; film revenue rose 25% YoY to $3.04B

More News

Joseph Bernstein / New York Times:
A look at Praxis, which raised $19.2M from Paradigm, Alameda Research, and others to build a city on the Mediterranean for tech bros and downtown NY tastemakers

Earlier Picks

Financial Times:
Emmanuel Macron warns that the EU's AI Act may hamper tech companies compared to US, UK, and Chinese rivals, and says France is “neck and neck with the British”
Todd Spangler / Variety:
Apple redesigns Apple TV in iOS 17.2 and tvOS 17.2 with a sidebar that unifies content; iTunes now redirects users searching for shows and movies to Apple TV
Ben Schoon / 9to5Google:
Beeper says “Beeper Mini is back” but now requires users to log in with their Apple ID, as phone number registration doesn't work; Beeper makes the service free
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