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Techmeme
February 17, 2023, 12:45 PM
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Top News

Bloomberg:
The SEC sues Terraform Labs and Do Kwon, accusing them of selling unregistered securities and perpetrating a fraudulent scheme that lost $40B+ in market value  —  The US Securities and Exchange Commission is preparing to sue the company behind TerraUSD, a crypto stablecoin whose collapse …
Suvashree Ghosh / Bloomberg:
The SEC says Do Kwon and Terraform Labs have withdrawn $100M+ in fiat currency from a Swiss bank since June 2022, after moving 10K+ Bitcoin out of a cold wallet  —  Crypto fugitive Do Kwon and the firm he founded transferred over 10,000 Bitcoin out of their doomed project and turned …
New York Times:
Microsoft says it is looking at limiting Bing chatbot conversation length and adding tools to let users restart conversations or get more control over tone  —  The company knew the new technology had issues like occasional accuracy problems.  But users have prodded surprising and unnerving interactions.
Sheila Dang / Reuters:
Source: Microsoft is demoing Bing chatbot to ad agencies, saying it plans paid links within the chatbox responses and industry-specific ads
Wall Street Journal:
Sources: Meta gave ~10% of staff subpar ratings in recent performance reviews, a sign of more workforce reductions, and cut a bonus metric to 85% of its target  —  The performance-review process is expected to set the stage for more workforce reductions this year  —  Why Tech Layoffs Don't Reflect the Job Market
Yueqi Yang / Bloomberg:
Source: Binance is considering de-listing USDC and other tokens and ending relationships with US partners, including VC investments, amid regulatory scrutiny  —  Crypto giant Binance Holdings Ltd. is considering ending relationships with US business partners as regulators turn up the heat.
Reuters:
Documents: Binance used secret access to Binance.US' Silvergate bank account to move $400M+ in Q1 2021 to Binance CEO Changpeng Zhao's trading firm Merit Peak
OpenAI:
OpenAI plans to improve ChatGPT's behavior to reduce biases, allow more user customization, and get more public input into decision-making about system defaults  —  We're clarifying how ChatGPT's behavior is shaped and our plans for improving that behavior, allowing more user customization …
Clothilde Goujard / Politico:
Under the Digital Services Act, online platforms disclose their MAUs in the EU: YouTube has 401M, Facebook 255M, Instagram 250M, TikTok 125M, Twitter 101M  —  TikTok, Twitter, Facebook and Instagram have now confirmed they will face the strictest rules under the EU's content-moderation law, the Digital Services Act (DSA).
Josh Ye / Reuters:
Sources: Tencent cuts its 300-strong metaverse unit and drops VR hardware plans due to trouble achieving quick profitability and the need for a big investment  —  Tencent Holdings (0700.HK) is abandoning plans to venture into virtual reality hardware, as a sobering economic outlook prompts …
Victoria Song / The Verge:
Fitbit plans to remove adventures, challenges, and open groups on March 27 and replace Studio with an SDK; Google says the app's features were of “limited use”  —  Fitbit users: better one-up your friends in challenges while you still can.  Starting March 27th …
Jay Peters / The Verge:
Apple's iOS 16.4 and iPadOS 16.4 betas add support for Safari web apps on the homescreen to send push notifications and show notification badges  —  Apple's new iOS and iPadOS 16.4 betas will let Safari web apps on your homescreen send you push notifications, according to a new post on the WebKit blog.
Bloomberg:
Filing: the Saudi Arabian Public Investment Fund's Savvy Games Group now owns 8.3% of Nintendo, the largest outside stake, up from ~6% at the start of 2023  —  Saudi Arabia's Public Investment Fund became the largest outside shareholder of Nintendo Co. on Friday, in the latest move by the Gulf state to lower its reliance on oil.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:45 PM ET, February 17, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Alex Ritman / Variety:
In Channel 4's 2025 Alternative Christmas Message, Jimmy Kimmel said “tyranny is booming” in the US and, on his ABC suspension, “We won, the president lost”

Todd Spangler / Variety:
Trump says Stephen Colbert is a “pathetic trainwreck” and “CBS should, ‘put him to sleep,’ NOW”, after CBS aired a Late Show rerun in which Colbert mocked Trump

Rebecca Rubin / Variety:
Disney crosses the $6B milestone at the box office for the first time since the COVID-19 pandemic; no other studio has managed to reach $6B since 2015

More News

Janko Roettgers / Lowpass:
A patent and a job listing suggest Meta is working on an advanced smart glasses assistant; docs show staff have tested a proactive assistant on Ray-Ban Stories

Earlier Picks

Jennifer Elias / CNBC:
In an email, Google's Search SVP tells staff to rewrite Bard's bad responses in a “neutral tone” and to “not imply emotion” as the tool “learns best by example”
Sarah Perez / TechCrunch:
Snap says Snapchat now has 750M+ MAUs, up 25% from April 2022, 150M of which are in North America, Snapchat+ for $3.99/month has 2.5M subscribers, and more
Tom Warren / The Verge:
Microsoft authorizes Parallels Desktop 18 to support Windows 11 on Apple's M1 and M2 Macs, after previously only licensing ARM versions of Windows to OEMs
Aisha Malik / TechCrunch:
Meta launches Instagram Channels, a broadcast chat feature that lets select US creators share public, one-to-many text, images, and more with their followers
Mia Sato / The Verge:
TikTok announces TikTok Trivia, a livestreamed trivia quiz with a $500K prize pool hosted daily between February 22 and 26, open to US users aged 18 and older
Sarah Perez / TechCrunch:
Tile debuts an anti-theft mode that requires biometric data, a government ID, and a ToS letting Tile share info with police, to limit the misuse of its trackers
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