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Techmeme
March 18, 2023, 10:00 AM
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Top News

Bloomberg:
The FBI arrested a New York man who allegedly ran BreachForums, a dark web site that hosted stolen databases of ~1K companies, under the alias “pompompurin”  —  Federal agents have arrested a Peekskill, New York, man they say ran the notorious dark web data-breach site “BreachForums” under the name “Pompompurin.”
Kris Holt / Engadget:
Meta debuts Verified in the US for $12/month on the web or $15/month on Android/iOS, with a blue badge, proactive impersonation protection, and customer support  —  Meta's paid verification program is available in the US starting today, CEO Mark Zuckerberg wrote on his Instagram channel.
Georgia Wells / Wall Street Journal:
Sources: some lawmakers and tech executives like Peter Thiel are mobilizing against China's involvement in US tech, ahead of the TikTok CEO's US House testimony  —  Group to meet ahead of TikTok's testimony before Congress  —  A group of Silicon Valley executives, including investor Peter Thiel …
Hailey Fuchs / Politico:
Source: TikTok is paying dozens of creators to visit DC next week and lobby lawmakers against a forced sale, ahead of CEO Shou Zi Chew's testimony on March 23
Bloomberg:
Sources: Coinbase is exploring setting up a crypto trading platform overseas for institutional clients outside of the US, amid increased US scrutiny of crypto  —  Institutional clients of Coinbase Global Inc. have been contacted by the firm about plans to potentially set …
Sara Fischer / Axios:
YouTube lifts its restrictions on Donald Trump's channel, imposed after the January 6 insurrection, after evaluating the “continued risk of real-world violence”  —  YouTube will lift its restrictions on former President Trump's channel Friday, a spokesperson confirmed to Axios.
Connie Loizos / TechCrunch:
After SVB froze its deposits, HR software startup Rippling raised a $500M Series E at an $11.25B valuation, same as Series D, taking its total funding to $1.2B  —  As a serial entrepreneur who has famously endured some ups and downs, Parker Conrad has nearly seen it all.  Or so he might have thought until last week.
Ingrid Lunden / TechCrunch:
SVB Financial Group, the holding company for SVB Capital and SVB Securities, files for Chapter 11 and “believes it has approximately $2.2B of liquidity”  —  One week after trading was halted for SVB Financial and regulators took control of the holding company for Silicon Valley Bank …
New York Times:
Sources: Twitter explored licensing music rights from three major labels but negotiations stalled after Elon Musk's takeover and were abandoned due to costs  —  Twitter didn't move forward with the music licensing deals because of costs, people with knowledge of the matter said.
Patrick McGee / Financial Times:
Q&A with Dina Srinivasan, author of The Antitrust Case Against Facebook, on Meta and Google's ad duopoly, the US antitrust cases, concerns about Apple, and more  —  In February 2019, Dina Srinivasan, then an independent scholar, published an academic paper entitled ‘The Antitrust Case Against Facebook’ …
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This is a Techmeme archive page. It shows how the site appeared at 10:00 AM ET, March 18, 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

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

Trip Gabriel / New York Times:
R. Bruce Dold, a Pulitzer Prize-winning journalist at the Chicago Tribune, where he became editor-in-chief and publisher, is dead at 70

More News

Maria Bustillos / The Nation:
A look at four publishers' lawsuit against the Internet Archive, which hinges on defining the legal ownership of ebooks, ahead of oral arguments on March 20
Alex Konrad / Forbes:
Around 20 investors and founders detail how some solo investors and small VC firms helped startups during the SVB crisis while many big VC firms disappointed
Wall Street Journal:
A skilled workers shortage is impeding Micron's plan to invest $100B to build a chip manufacturing campus in Syracuse, New York, and hire 9K employees there
Alexander Martin / The Record:
Q&A with two Meta security experts about the company's Online Operations Kill Chain, a framework for responding to threats like election influence operations

Earlier Picks

@zoeschiffer:
Sources: Twitter has downranked accounts from its rivals like Instagram, Snap, and TikTok since December 2022, plus accounts like the US Department of Health's
Zack Whittaker / TechCrunch:
Google's Project Zero finds 18 zero-day vulnerabilities in Exynos modems, affecting some Samsung, Vivo, and Google phones as well as wearables and vehicles
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