Techmeme
May 5, 2023, 10:20 PM

Top News

Bloomberg:
Source: a leaked April 2023 internal document by Luke Sernau, a senior software engineer at Google, argues that open-source AI will outcompete Google and OpenAI  —  A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge …
Matt Binder / Mashable:
An independent researcher's data shows that out of the ~150K Twitter Blue subscribers in November 2022, just ~68,157 were still subscribed on April 30  —  The early birds cancel their subscriptions.  —  Twitter Blue's struggles since its launch nearly six months ago are more severe than previously revealed, new data suggests.
Mengqi Sun / Wall Street Journal:
New York's AG proposes the Crypto Regulation, Protection, Transparency and Oversight Act, or CRPTO, seeking broader enforcement authority over crypto companies  —  Proposed legislation would require crypto exchanges to have independent public audits of financial statements, among other new requirements
Chance Miller / 9to5Mac:
Brydge, an iPad, Mac, and Surface accessory maker, is shutting down; sources: Brydge has neither paid its staff salaries nor fulfilled orders since January 2023  —  Brydge, a once thriving startup making popular keyboard accessories for iPad, Mac, and Microsoft Surface products, is ceasing operations.
Dave Michaels / Wall Street Journal:
Coinbase plans to try a novel defense against a potential US SEC enforcement action by arguing the regulator bears some responsibility for approving its IPO  —  Crypto exchange says regulators' lawsuit threat is undermined by clearance of IPO  —  With the Securities and Exchange Commission preparing …
Kyle Wiggers / TechCrunch:
Slash, a Gen Z-focused neobank, raised $19M in seed and Series A funding from investors including NEA, Menlo Ventures, Connect Ventures, and Y Combinator  —  Around two years ago, Victor Cardenas and Kevin Bai — college dropouts from Stanford University and the University of Waterloo …
Harmeet Singh Walia / Counterpoint Research:
Smartphone shipments declined 14% YoY and 7% QoQ globally to 280.2M units in Q1 2023; Samsung declined 19%, Apple 2%, Xiaomi 22%, Oppo 10%, and Vivo 18%  —  - The global smartphone market declined by 14% YoY and 7% QoQ to record 280.2 million unit shipments in Q1 2023.

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More News

Alex Konrad / Forbes:
Eric Berger / Ars Technica:
Ina Fried / Axios:

Earlier Picks

Bill Peters / MarketWatch:
Richard Lawler / The Verge:
Ilya Banares / Bloomberg:
David McCabe / New York Times:
Tom Warren / The Verge: