Financial Turmoil and AI Advancements

Amazon Kindle gets out of the magazine business. An ironically named PE firm is buying Porn Hub. Midjourney v5 is really mind blowing. And, of course, the Weekend Longreads Suggestions.

Sponsors:

• RelationshipHero.com/techmeme

Links:

• Amazon will discontinue newspaper and magazine subscriptions in September (GoodEReader)
• SVB Financial files for Ch. 11 bankruptcy protection, says it has $2.2B in liquidity (TechCrunch)
• Pornhub owner sold to Canadian private equity firm Ethical Capital (Financial Times)
• AI-imager Midjourney v5 stuns with photorealistic images—and 5-fingered hands (ArsTechnica)

Weekend Longreads Suggestions:

• The Guardians (Meteor)
• The Future Smartphone: More Folds, Less Phone, a Whole Lot of AI (Wired)
• LinkedIn turns 20: An oral history of an unlikely champion (Fast Company)
• ‘It changed the world’: 50 years on, the story of Pong's Bay Area origins (SFGate)

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