Top Story

• The FTC has banned messaging app NGL (not gonna lie) from hosting minors after catching them systematically lying. (Washington Post)
  
  Surprise, surprise, surprise.

  The complaint alleged that NGL tricked users into paying for subscriptions by sending them computer-generated messages appearing to be from real people and offering a service for as much as $9.99 a week to find out their real identity. People who signed up received only "hints" of those identities, whether they were real or not, enforcers said.
  After users complained about the "bait-and switch tactic," executives at the company "laughed off" their concerns, referring to them as "suckers," the FTC said in an announcement.

  And now NGL has to fork over five million dollars.
  
  Suckers indeed.

Tech News

• Speaking of suckers AI startup Hebbia raised $130 million at a $700 million valuation after booking $13 million in annual revenue. (Tech Crunch)
  
  It's definitely not a bubble though.
  
  
  
• What do do with your books when you move. (The Verge)
  
  Not a particularly useful article now, though it has a picture of the new Uncle Hugo's / Uncle Edgar's bookstore in Minneapolis; the original store was burned to the ground by rioters during the Summer of Love.
  
  
  
• TSMC is starting trial production of 2nm chips next week. (WCCFTech)
  
  Consumer products are expected next year, initially from Apple which typically books the early production of each of TSMC's new processes well in advance.
  
  
  
• Qualcomm is ramping up marketing for its new Windows laptop chips after Microsoft's Copilot+ AI push fell flat on its face. (Tom's Hardware)
  
  The new focus is on battery life, which while not Earth-shattering is genuinely good, and will last all day unless you work very very long days.
  
  
  
• And just when you thought it couldn't get any worse OpenAI and Arianna Huffington are collaborating on a new AI health coach. (The Verge)
  
  Apparently it's so annoying that you'll run a mile just to get away from it.

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