Tech News
Tech News and Analysis from around the web

Bloomberg:
Source: Vietnamese internet company VNG postpones its US IPO, planned for September 2023, after mixed performances by Arm, Instacart, and Klaviyo — Vietnam-based internet startup VNG Ltd. has decided to postpone its plans for a US initial public offering, according to a person familiar with the matter.

Iain Martin / Forbes:
Tether spent ~$420M on 10K Nvidia H100 GPUs in a deal that will see it get a stake in bitcoin miner Northern Data, who plans to rent the chips to AI startups — A $40,000 computer chip has become one of the hottest commodities in the tech industry. Startups are scrambling to buy up Nvidia's H100 …

Financial Times:
GGV, which invested in Alibaba, ByteDance, and other Chinese companies, splits its Asia and US units; in July, the US sought details about its holdings in China — Move follows similar decision by rival Sequoia Capital and Biden order to limit American investment in Chinese tech

Nikhilesh De / CoinDesk:
Binance, Binance.US, and Changpeng Zhao file to dismiss an SEC lawsuit, claiming the regulator hadn't “plausibly alleged” various securities-related violations — The motions to dismiss leans on major questions doctrine claims, among other arguments. — Register Now

Jay Peters / The Verge:
X plans to deprecate Circles on October 31, 2023; users will not be able to create new posts nor add people to their Circle but will be able to remove people — X is planning to shut down Circles, a feature that lets you share posts with a limited group of people instead of all of your followers.

Sergiu Gatlan / BleepingComputer:
Apple releases emergency updates for iOS, iPadOS, macOS, and watchOS to patch three new zero-day vulnerabilities, for a total of 16 zero-days fixed in 2023 — Apple released emergency security updates to patch three new zero-day vulnerabilities exploited in attacks targeting iPhone and Mac users …

Kyle Bradshaw / 9to5Google:
Google expands Studio Bot, its AI chatbot for Android Studio launched in May 2023 for US users, to 170+ regions; users in the EU and the UK are still barred — Google is making one of its AI tools for developers, Studio Bot, available to people in over 170 regions around the world …

Chris Miller / Financial Times:
SMIC used DUV lithography, not EUV, for its 7nm chip, which isn't a breakthrough but does show progress and reaffirms China's commitment to domestic production — The advances in domestic chipmaking suggest western controls will be far from watertight — What is the significance of Huawei's new smartphone chip?

Ella Creamer / The Guardian:
Amazon limits authors to self-publishing three books per day on its website, after an influx of suspected AI-generated material listed for sale in recent months — The company announced the new limitations after an influx of suspected AI-generated material was listed for sale but said that ‘very few’ publishers will be affected

Lara O'Reilly / Insider:
TikTok is testing a Google integration in different markets; researcher: TikTok's search feature includes an in-app option to search the same query on Google — - TikTok is testing a search partnership with Google. — An option to search on Google.com now appears on some searches within the TikTok app.

Kyle Wiggers / TechCrunch:
Mesh, which helps its customers transfer and manage digital assets like crypto, raised a $22M Series A led by Money Forward, bringing its total funding to $32M — Mesh (formerly Front Finance), a startup developing a service to help customers transfer and manage digital assets like crypto …

Alex Konrad / Forbes:
Bastian Lehmann's TipTop launches an app that scans for past purchases in users' Gmail and Amazon accounts and offers to buy their used products at a fair value — Billed as a “reverse Postmates,” TipTop has launched its first app, TipTop Cash, with the promise to help shoppers resell products like used iPhones.

Alex Barinka / Bloomberg:
Snap says Snapchat+ now has 5M+ subscribers, up from 3M in April 2023; the $3.99 per month tier launched in June 2022, after an industry slowdown in ad revenue — Snap Inc. has gained more than 5 million subscribers for its paid service, an offering that gives users early access to new features …

Emma Roth / The Verge:
Microsoft announces the Surface Hub 3, offering 50" or 85" 4K PixelSense displays with anti-glare, smart rotation, and portrait mode, available later in 2023 — Microsoft has revealed the Surface Hub 3, the latest version of the company's all-in-one collaborative touchscreen device.

Josh Eidelson / Bloomberg:
Nnete Matima and Joël Carter, two Black ex-TikTok staff, file a civil rights complaint alleging ByteDance fired them because they spoke up about discrimination — TikTok's parent company was accused of racism and retaliation by Black former employees in a complaint …

