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December 22, 2023, 3:00 PM
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memeorandum
WeSmirchTop News
| Bloomberg: |
China publishes draft rules for online gaming, including setting spending limits and banning daily login rewards; stocks for Tencent and NetEase both drop 10%+ — - Tencent, NetEase shares dive in Hong Kong after new rules — Beijing has in recent years sought to combat gaming addiction
More: Reuters, GamesIndustry.biz, The Messenger, Financial Times, CNBC, Nikkei Asia, Rock, Paper, Shotgun, Metro, South China Morning Post, Game Rant, iPhone in Canada Blog, The Verge, Associated Press, PC Gamer, Financial Times, Finbold, Tech in Asia, Variety, Fortune, The Information, TechNode, Forbes, Video Games Chronicle, Barron's Online, TechPowerUp, and Dot Esports
X: @armanddoma, @noahpinion, @stephentotilo, and @byjoshye
| New York Times: |
Sources: the US DOJ, which is in the middle of a four-year probe into Apple's alleged anticompetitive behavior, has taken interest in Apple blocking Beeper Mini — Beeper Mini, which offers iPhone messaging on Android phones, has grown fast and its duel with the tech giant has gotten the attention of antitrust regulators.
More: Federal Trade Commission, SiliconANGLE, Wired, AppleInsider, Wall Street Journal, 9to5Mac, mjtsai.com, MacRumors, BGR, iMore, Android Headlines, The Verge, iPhone in Canada Blog, and Supercharged
Threads: @esg.hound, @carnage4life, and @carnage4life. Mastodon: @jeff@indieweb.social. Bluesky: @epro.social
X: @senwarren and @techftc
Forums: Slashdot and MacRumors Forums
| Bill Toulas / BleepingComputer: |
ScamSniffer: Google and X ads are promoting sites containing “MS Drainer”, a cryptocurrency drainer that has stolen $59M from 63,210 victims since March 2023 — Google and Twitter ads are promoting sites containing a cryptocurrency drainer named ‘MS Drainer’ that has already stolen $59 million … | Jay Peters / The Verge: |
Humane says it will begin shipping its Ai Pin in March 2024, starting with customers who placed priority orders — Humane announced Friday that the AI Pin, its splashy AI-powered wearable, will start shipping in March 2024. … While Humane didn't share a specific date for when orders … | Leo Schwartz / Fortune: |
Paxos plans to expand its products to the Solana blockchain on January 17, 2024, after receiving approval from the NY financial regulator — The leading stablecoin issuer Paxos has received regulatory approval to expand its products to the Solana blockchain, which it plans to launch on January 17, 2024.
More: Paxos, Unchained, The Block, CryptoSlate, crypto.news, Crypto Briefing, Bitcoin Insider, CoinGape, Cointelegraph, Coinpedia Fintech News, and Cryptonews
X: @solana, @austin_federa, @solana, and @yashhsm
| Ethan Gach / Kotaku: |
Hacked files show Insomniac's challenges juggling teams, timelines, and budgets amid possible Sony cuts; Spider-Man 2 cost ~$300M, almost 3x Spider-Man's cost — Internal documents show how a big PlayStation studio plans its future — Insomniac Games quickly established itself …
More: Engadget, Bloomberg, Decrypt, gamedeveloper, The Verge, Cybernews.com, Forbes, PC Gamer, Metro.co.uk, ComingSoon.net, Wccftech, Cryptopolitan, Gameranx, IGN, Neowin, Video Games Chronicle, Gamereactor UK, IGN, PC Games Insider, Game Rant, Wccftech, Forbes, Gameranx, GamingBolt, Aftermath, TweakTown, Gameranx, Gameranx, and Gamereactor UK
| Paul Sawers / TechCrunch: |
Spotify pulls support for two music festivals in France, in protest against a new tax that will impose a levy of 1.5% to 1.75% on all music-streaming services — Spotify is pulling support for two music festivals in protest against a controversial new tax directed at music-streaming platforms operating … | Eva Dou / Washington Post: |
After the Jedi cloud contract fell apart, the US DOD has allocated less than 2% of its $9B Joint Warfighting Cloud Capability program, started in December 2022 — In the past year, less than 2 percent of $9 billion set aside to upgrade the U.S. military's computing technology has been committed
More: Forbes
| Erin Nolan / New York Times: |
Prosecutors: Pornhub operator Aylo admits to profiting for years from porn depicting sex trafficking victims, will pay a $1.8M+ fine, and be assigned a monitor — The company that operates Pornhub and other adult websites has agreed to pay damages to women who said pornographic videos of them were posted online without their consent.| Financial Times: |
How SoftBank's $500M bet on US mortgage lender Better, once valued at $7B, backfired; BETR is down 90%+ since its August 2023 IPO after a US SEC investigation — Multibillion-dollar investment in start-up soured as interest rates rose and Spac craze ended — In April 2021 … | Jacquelyn Melinek / TechCrunch: |
Data center infrastructure company Arkon Energy raised $110M to grow its US bitcoin mining capacity and plans to launch an AI cloud service in Norway — Arkon Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations …
More: The Block and Blockworks
| Max Ramsay / Bloomberg: |
EU member states reject a provisional deal that would have required platforms like Uber and Deliveroo to give full employment status to around 5.5M gig workers — - Rules will go through further negotiations with EU lawmakers — Deal could have cost industry billions of euros annuallySponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Cloudflare:
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Zoho:
Step into smarter meetings: Zoho Cliq Rooms is now available on Neat devices — The meeting landscape has completely transformed over the last few years, moving from conference rooms to people joining across locations and time zones.
Step into smarter meetings: Zoho Cliq Rooms is now available on Neat devices — The meeting landscape has completely transformed over the last few years, moving from conference rooms to people joining across locations and time zones.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
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The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Channels with Peter Kafka:
The Atlantic's CEO on AI, Billionaire Owners, and Moonlighting as a Creator
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.
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Sources:
Mark Zuckerberg on Muse, Meta's biggest AI bet yet
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Lenny's Podcast:
How we built Grok Bot in a month | Roman Ugarte (SpaceXAI)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Invest Like the Best:
Walter Russell Mead - How America Keeps Winning
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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