Techmeme
March 9, 2023, 5:00 AM

Top News

Christiana Loureiro / The Block:
Silvergate Capital plans to wind down operations and voluntarily liquidate Silvergate Bank, including “full repayment of all deposits”; SI drops 40%+ to ~$5  —  - Silvergate Capital Corporation said it will wind down operations and voluntarily liquidate Silvergate Bank in accordance with applicable regulatory processes.
David Pierce / The Verge:
Spotify redesigns its app's core homescreen with album and playlist covers and a TikTok-like vertical scroll of playlists, video podcasts, and more  —  Spotify is redesigning the core homescreen of its app, trying to make it easier for users to find new stuff to listen to — and watch.
Sarah Perez / TechCrunch:
Dell Cameron / Wired:
The FBI acknowledges for the first time it bought US location data, director Christopher Wray says for a national security pilot project that's no longer active  —  Rather than obtaining a warrant, the bureau purchased sensitive data—a controversial practice that privacy advocates say is deeply problematic.
Alfred Ng / Politico:
Ring turned over cam footage of inside a user's home and business after a judge's warrant gave police access to investigate a neighbor, raising privacy concerns  —  Police were investigating his neighbor.  A judge gave officers access to all his security-camera footage, including inside his home.
Sergiu Gatlan / BleepingComputer:
The FBI is probing a data breach of DC Health Link servers impacting thousands, including US House members and staff; some data is already up for sale online  —  The FBI is investigating a data breach affecting U.S. House of Representatives members and staff after their account …
Yusuf Mehdi / Bing Blogs:
Microsoft says Bing crossed 100M DAUs and the new Bing preview has millions of active users, of which roughly a third are new to the search engine  —  It's hard to believe it's been just over a month since we released the new AI-powered Bing and Edge to the world as your copilot for the web.
Mark Gurman / Bloomberg:
Sources: Apple re-shuffles management of its international businesses to focus more on India, which will become its own sales region at Apple for the first time  —  Apple Inc. is reshuffling management of its international businesses to put a bigger focus on India, according to people …
Abner Li / 9to5Google:
Google adds its VPN service to all Google One plans in 22 countries, starting at $1.99 per month, and dark web monitoring for stolen personal info to Google One  —  After adding Magic Eraser last month, Google One is significantly expanding the availability of its VPN and introducing dark web monitoring for stolen information.
Ian Allison / CoinDesk:
Source: JPMorgan is ending its relationship with Gemini; Gemini and Coinbase, JPMorgan's customers since 2020, say their relationship with the bank is intact  —  Coinbase said its banking relationship with JPMorgan remains intact.  —  Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Blake Brittain / Reuters:
The US bans import of Peloton and iFit's video-streaming fitness devices after an ITC judge found they infringed on Dish Network's streaming technology patents  —  The U.S. International Trade Commission (ITC) on Wednesday banned imports of video-streaming fitness devices made by Peloton Interactive Inc …
Tweets: @seyitaylor
Barbara Ortutay / Associated Press:
Elon Musk apologizes after mocking laid-off, disabled Twitter employee Haraldur Thorleifsson, who joined in January 2021 after Twitter acquired his startup Ueno  —  If you're not told you are fired, are you really fired?  At Twitter, probably.  And then, sometimes, you get your job back — if you want it.
Eric Newcomer / Newcomer:
Sources: Stripe is raising $6B at a $50B valuation from Thrive Capital, General Catalyst, a16z, and Founders Fund to help early employees exercise their RSUs  —  Thrive Capital, General Catalyst, Andreessen Horowitz, and Founders Fund are participating in the round along with Goldman Sachs private wealth clients.
Chloe Xiang / VICE:
Experts criticize Koko, a mental health nonprofit, for directing some at-risk users on Facebook, Tumblr, Discord, and other platforms to a chatbot for a study  —  Koko, a mental health nonprofit, found at-risk teens on platforms like Facebook and Tumblr, then tested an unproven intervention on them without obtaining informed consent.
Bloomberg:
Letter: the Netherlands plans restrictions on exports of immersion DUV lithography chipmaking machines amid US pressure to limit China's access to chip tech  —  The Netherlands is preparing restrictions on certain chip-making machines amid pressure from the U.S. to clamp down on China's access to critical semiconductor technology.

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More News

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Earlier Picks

New York Times:
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Bloomberg:
Politico: