Profile: dfae0d68...

London-based telehealth startup Babylon Health, once valued at ~$2B after being backed by DeepMind and others, is being sold for parts after going bankrupt (Ingrid Lunden/TechCrunch) http://www.techmeme.com/230831/p43?utm_source=dlvr.it&utm_medium=mastodon#a230831p43

AI hasn't stemmed the yearslong startup downturn; PitchBook: US venture funding fell by almost half in Q2 2023, as generative AI investments rose 65% to $3.3B (Berber Jin/Wall Street Journal) http://www.techmeme.com/230901/p1?utm_source=dlvr.it&utm_medium=mastodon#a230901p1

Ahead of a child safety group's campaign, Apple details why it's dropping iCloud CSAM scanning, saying it could be a "slippery slope of unintended consequences" (Lily Hay Newman/Wired) http://www.techmeme.com/230831/p45?utm_source=dlvr.it&utm_medium=mastodon#a230831p45

Binance plans to "gradually" end support for its BUSD stablecoin by February 2024, citing Paxos ceasing to mint new BUSD after an NYDFS order in February 2023 (Jamie Crawley/CoinDesk) http://www.techmeme.com/230831/p18?utm_source=dlvr.it&utm_medium=mastodon#a230831p18

Activision partners with Modulate to begin testing ToxMod, an AI-based voice moderation tool for Modern Warfare 2 and other games, in North America (Morgan Park/PC Gamer) http://www.techmeme.com/230831/p17?utm_source=dlvr.it&utm_medium=mastodon#a230831p17

Chinese state media heralds Huawei's new Mate 60 Pro, which apparently includes a Huawei-made Kirin 5G chip, as a repudiation of US efforts to contain China (Bloomberg) http://www.techmeme.com/230831/p15?utm_source=dlvr.it&utm_medium=mastodon#a230831p15

Philips Hue launches Secure, a DIY security system with E2EE, starting at $200 for a wired indoor/outdoor camera, and plans to add Matter support in September (Jennifer Pattison Tuohy/The Verge) http://www.techmeme.com/230831/p9?utm_source=dlvr.it&utm_medium=mastodon#a230831p9

Elon Musk says X users will be able to make video and audio calls without a phone number, but offers no timeframe, as X "is the effective global address book" (Charlotte Hughes-Morgan/Bloomberg) http://www.techmeme.com/230831/p11?utm_source=dlvr.it&utm_medium=mastodon#a230831p11

A monthslong investigation exposes the secrets of Russian ransomware gang Trickbot, which thrived despite global disruption efforts, and a key member's identity (Wired) http://www.techmeme.com/230831/p10?utm_source=dlvr.it&utm_medium=mastodon#a230831p10

Stockholm-based Klarna reports H1 2023 revenue up 15% YoY to ~$963M and a ~$185M adjusted loss, down from a ~$570M loss in H1 2022, as the company cuts costs (Aisha S Gani/Bloomberg) http://www.techmeme.com/230831/p13?utm_source=dlvr.it&utm_medium=mastodon#a230831p13

X plans to let paid users hide their Likes from other users and "from the X APIs", reversing a longstanding feature; individual Likes will appear on posts (Ivan Mehta/TechCrunch) http://www.techmeme.com/230831/p12?utm_source=dlvr.it&utm_medium=mastodon#a230831p12