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Techmeme
April 28, 2023, 4:15 PM
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Top News

Reuters:
EU lawmakers push forward an AI Act draft, which includes requiring companies deploying generative AI tools to disclose copyrighted material used for training  —  Companies deploying generative AI tools, such as ChatGPT, will have to disclose any copyrighted material used to develop their systems …
Kelvin Chan / Associated Press:
ChatGPT is again available in Italy, after OpenAI met data watchdog's demands, including a form for EU users to object to having their data used for training  —  ChatGPT's maker said Friday that the artificial intelligence chatbot is available again in Italy after the company met the demands …
Stephen Graves / Decrypt:
Bluesky is seeing an influx of users, including @dril and AOC, with some referring to posting on the Jack Dorsey-backed social network as “skeeting”  —  Instead of “tweeting,” the influx of new Bluesky users has coined a new term for sharing their thoughts on the decentralized social media app.
Jess Weatherbed / The Verge:
The US sentences ex-Apple worker Dhirendra Prasad to three years and orders him to pay $19M+ for stealing ~$17M from Apple via parts supplier kickbacks and more  —  A former Apple employee has been sentenced to three years in prison and must pay back over $19 million in restitution …
Olga Kharif / Bloomberg:
A US federal judge orders South Africa-based Mirror Trading's CEO to pay $3.4B+ after the CFTC argued the BTC pool operator ran a $1.7B+ fraud from 2018 to 2021  —  A US judge has ordered a South African executive to pay more than $3.4 billion in restitution and fines for a fraud scheme involving Bitcoin …
Steve Dent / Engadget:
Sony reports Q4 revenue up 30% YoY to ~$22.7B, and 6.3M PS5 sales, up from 2M YoY; Sony has sold 19.1M PS5s in FY 2022 and 38.4M PS5s in total since launch  —  Now that it's solved its supply shortages, Sony is seeing a lot of pent-up demand for PlayStation 5 consoles.
Financial Times:
A profile of Sarah Cardell, the UK CMA's CEO who played a key role in shaping the mergers policy that led to the agency blocking Microsoft's Activision takeover  —  Former corporate lawyer has attracted the ire of the US group by blocking its $75bn acquisition of Activision
Cecilia D'Anastasio / Bloomberg:
The UK CMA's block of Microsoft's Activision deal focuses on the nascent cloud gaming market, confusing analysts as regulators typically focus on mature markets
Aoyon Ashraf / CoinDesk:
Robinhood debuts Connect, which lets users fund their self-custody Web3 wallets without leaving a decentralized app or being in their Robinhood Crypto accounts  —  The feature, Robinhood Connect, is already available on several decentralized apps, with more to onboard in the coming months.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:15 PM ET, April 28, 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

Financial Times:
Hedge fund manager Crispin Odey drops his £79M libel lawsuit against the Financial Times, after FT said 15 women were willing to testify in court against him

Kelcee Griffis / Bloomberg:
Sources: Nexstar has begun directing stations to fill local newscasts with segments from Nexstar's NewsNation instead of national networks' content like NBC's

William Bishop / Pew Research Center:
Survey: 64% of US adults read a print book in the past year, down from 72% in 2011; 31% read an e-book, vs. 17% in 2011, while 26% have listened to an audiobook

More News

Viola Zhou / Rest of World:
A profile of Liu Xiaoping, a dog food seller who coaches fellow Pinduoduo merchants on how to use legal action to fight the app's refund-without-return policy
Blake Brittain / Reuters:
Filing: Triller agrees to pay Sony Music $4.5M+ to settle claims that Triller breached a 2016 contract covering its use of musicians' songs on the platform
Bloomberg:
The New York City MTA ends its Twitter service alerts, saying the platform is “no longer reliable” and that the company demanded $50K per month for API access

Earlier Picks

Mickey Djuric / Canadian Press:
Canada's Online Streaming Act passes its final Senate vote; the law requires streaming services to support Canadian content and gives the CRTC regulatory power
Rohan Goswami / CNBC:
Cloudflare reports Q1 revenue up 37% YoY to $290.2M vs. $290.8M est., a $38.1M net loss, and revenue guidance for Q2 and FY 2023 below estimates; NET drops 20%+
Ellen Huet / Bloomberg:
Clubhouse plans to lay off 50%+ of its employees and “reset” the company, despite claiming to have “years of runway”; Clubhouse had ~100 staff in October 2022
CNBC:
Coinbase offers a fiery response to the SEC's Wells notice from March 2023, saying enforcement action would present “major” risks to the SEC's regulatory model
Ingrid Lunden / TechCrunch:
Dropbox plans to lay off 16% of its staff, or ~500 employees; CEO Drew Houston blames slowing growth and because “the AI era of computing has finally arrived”
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