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May 12, 2023, 6:50 PM
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Lillian Rizzo / CNBC:
Elon Musk names ex-NBCUniversal ad chief Linda Yaccarino as Twitter's CEO, to focus on business operations; Musk will focus on “product design & new technology”  —  - Former NBCUniversal advertising chief Linda Yaccarino will be Twitter's next CEO.
More: Wall Street Journal, Washington Post, Reuters, TechCrunch, NBCUNIVERSAL MEDIA, New York Times, The Verge, New York Times, Washington Post, MarketWatch, The Guardian, Insider, Ars Technica, Wall Street Journal, The Information, Financial Times, Bloomberg, TechCrunch, CNN, Social Media Today, Slate, Android Authority, Silicon Republic, The Register, Marketing Dive, Fortune, Variety, Inside Bitcoins, Axios, New York Post, CleanTechnica, E&T News, The Verge, PCMag, The Hollywood Reporter, SlashGear, NPR, Coinspeaker, Mercury News, Gizmodo, New York Post, TechCrunch, NBC News, Tech Startups, Redmond Pie, WRAL TechWire, The Verge, Coinspeaker, Insider, CoinGape, Bloomberg, MobileSyrup, The Information, Tech Xplore, Fast Company, Adweek, Fox Business, BBC, WRAL TechWire, Dexerto, Watcher Guru, Barron's Online, AppleInsider, International Business Times, MakeUseOf, Mashable, iMore, Bitcoinist.com, IGN, TechCircle, Coinpedia Fintech News, MSPoweruser, The Economic Times, Livemint, Business Post, Fortune, SiliconANGLE, Deadline, Neowin, CryptoPotato, and Wall Street Journal
LinkedIn: Evan Shapiro, Sara Fischer, and Shelly DeMotte Kramer.  Mastodon: @Noupside@saturation.social
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Washington Post:
A profile of Linda Yaccarino, who has vast experience in ad partnerships, praised Elon Musk publicly, and told colleagues that people get hung up on his tweets  —  Twitter has struggled to generate revenue since Musk took over as CEO, as advertisers have fretted over his sweeping rollbacks of content moderation.
New York Times:
A former ByteDance executive in the US sues the company for wrongful termination, saying ByteDance stole its rivals' content and gave the CCP “supreme access”  —  The former executive sued ByteDance, which owns TikTok, for wrongful termination and accused the company of lifting content …
Tracy Wang / CoinDesk:
Binance announces its exit from Canada, saying the country's “new guidance related to stablecoins and investor limits” makes the market “no longer tenable”  —  The world's largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.
Reuters:
Toyota says the vehicle data of 2.15M users in Japan, or almost all of its cloud service customers, has been public since November 2013, due to a human error  —  Toyota Motor Corp (7203.T) said on Friday the vehicle data of 2.15 million users in Japan, or almost the entire customer base …
Bloomberg:
Oppo closes its chip design unit Zeku due to global economic uncertainty; Zeku developed the MariSilicon X image-processing chip used in Oppo's flagship devices  —  Oppo, China's biggest domestic smartphone maker, is closing its chip design business as the global smartphone market extends a prolonged decline.
Ben Schoon / 9to5Google:
Google Bard is now available in 180 countries but not in the EU or Canada; Google says the chatbot will be made available “consistent with local regulations”  —  Yesterday at Google I/O 2023, it was announced that Google Bard would be undergoing a massive expansion, bringing the AI chatbot experiment to 180 countries.
Rosie Perper / CoinDesk:
NYC-based Tessera, the collective NFT ownership and governance service that launched as Fractional with $20M from Paradigm and others, plans to shut down  —  Co-founder Andy Chorlian tweeted that the decision was made after “carefully analyzing possible market scenarios, our company structure and our financial situation.”

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This is a Techmeme archive page. It shows how the site appeared at 6:50 PM ET, May 12, 2023.

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From Mediagazer

Henry Blodget / Regenerator:
Bari Weiss' 60 Minutes decision may have been a way to both signal that she's serious about shifting CBS' sensibility to the right and “improve” a story

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

Andrew Rummer / The Block:
Local media: a Montenegro court plans to release Terraform Labs co-founder Do Kwon from jail on a €400K bail, pending a trial; the prosecution can appeal
Aidan Ryan / The Information:
Sources: Binance.US and Changpeng Zhao are exploring ways to reduce Zhao's majority company stake, hoping to improve Binance.US' standing before US regulators
Tom Mitchelhill / Cointelegraph:
The US Chamber of Commerce filed an amicus brief on May 9 in the Coinbase v. SEC case, slamming the regulator for its “haphazard, enforcement-based approach”

Earlier Picks

Ryan Dinsdale / IGN:
Riot Games names President A. Dylan Jadeja as the company's new CEO, starting later in 2023, replacing Nicolo Laurent, who will stay on as an advisor
Kyle Wiggers / TechCrunch:
Anthropic expands Claude's context window from 9K to 100K tokens, or ~75K words it can digest and analyze; OpenAI's GPT-4 has a context window of ~32K tokens
Ivan Mehta / TechCrunch:
Meta announces AI Sandbox, with generative AI tools to help select advertisers create text variations, background images from text, and cropped images
James Cirrone / Blockworks:
Coinbase apologizes for its newsletter calling Pepe the Frog a “hate symbol”, saying its overview “did not provide the whole picture of the history of the meme”
Reuters:
EU lawmakers agree to ban facial recognition use in public and predictive policing tools, and set transparency rules on generative AI; details must be finalized
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