Kite, a startup that used AI to help devs code, shuts down, saying state-of-the-art ML models don’t understand the structure of code and too few devs would pay (Adam Smith/Code Faster with Kite)

Reuters:
Sources: Sea, whose market cap has gone from $200B+ to ~$28B since Oct. 2021, shuts some Latin American operations and cuts hundreds of gaming jobs in Shanghai  —  Singapore-based Sea Ltd’s (SE.N) e-commerce arm Shopee will exit Argentina and shut local operations in Chile …

Sarah Perez / TechCrunch:
Twitter alternative Hive temporarily shuts down after researchers found vulnerabilities that would have let hackers access DMs and edit others’ Hive posts  —  The team at the newly popular Twitter alternative Hive is in over their head.  The company has now taken the fairly radical step …

John Herrman / New York Magazine:
An in-depth look at AI image-creation tools like Imagen, DALL-E 2, and Midjourney; Midjourney users are making concept art for clients and using stock art less  —  How we work — even think — changes when we can instantly command convincing images into existence.

Pranob Mehrotra / XDA Developers:
Qualcomm announces the Qualcomm S3 Gen 2 and Qualcomm S5 Gen 2 for wireless audio gear with support for spatial audio, improved ANC, lossless music, and more  —  The new SoCs are optimized for Bluetooth LE Audio and unlock several premium audio experiences

Yogita Khatri / The Block:
On-chain data: FTX appears to have stopped processing withdrawal requests, starting at 6:37am ET  —  – Crypto exchange FTX seems to have stopped processing withdrawal requests, according to on-chain data.  — The last outgoing transaction from FTX took place at 6:37 a.m. ET on the Ethereum blockchain.

Harmeet Singh Walia / Counterpoint Research:
Global smartphone shipments fell 12% YoY to 301M units in Q3 2022, the lowest Q3 level since 2014; Apple was the only top-five brand to grow YoY, up 2%  —  – The global smartphone market declined by 12% YoY even as it grew by 2% QoQ to reach 301 million units in Q3 2022.