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May 15, 2023, 10:50 AM
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memeorandum
WeSmirchTop News
| Adam Satariano / New York Times: |
EU regulators approve Microsoft's $69B Activision Blizzard deal after the company made concessions over giving rivals access to Call of Duty and other games — The green light follows objections to the blockbuster deal by American and British regulators on the grounds that it would undercut competition.
More:
European Commission, Washington Post, TechCrunch, The Verge, CNBC, Reuters, Bloomberg, Wall Street Journal, Telegraph, The Times, Gameranx, and Financial Times
Tweets:
@eu_competition, @markscott82, @georgeosborn, @markscott82, @deeketweak, @kprescott, @samuelstolton, @deitaone, and @matthewstoller
| Ben Thompson / Stratechery: |
Google's AI-heavy I/O suggests AI is a sustaining innovation for Big Tech; the true fight will be between major players' centralized models and open source — Some things in tech are shocking, but not surprising — think of a CEO of a struggling company losing their job.
More:
Technomancers.ai. Tweets:
@mascobot, @zoobab, @prestonjbyrne, @jrichlive, @matthewlesh, @jeffnolan, @s8mb, @stratechery, @gfodor, and @kevinafischer
| Khari Johnson / Wired: |
At I/O 2023, Google Assistant was an afterthought, superseded by Bard, a notable omission after Assistant took center stage at multiple previous I/O keynotes — Google's generative AI chatbot Bard took center stage at the company's I/O conference. The company's answer to Siri was left backstage.| Mark Gurman / Bloomberg: |
Developer logs: Apple tests an M3 with 12 CPU cores, 18 GPU cores, and 36GB of RAM; Meta pulls Messenger from Apple Watch and launches WhatsApp on WearOS — As Apple prepares to launch its next M2 Macs, the company is already ramping up testing of M3 chips.
More:
MacRumors, XDA Developers, Thurrott, Macworld, 9to5Mac, TechRadar, Engadget, O'Grady's PowerPage, Wccftech, Tom's Guide, The Overspill, Digital Trends, Techlusive, iMore, gHacks Technology News, Supercharged, BigTechWire, iPhone in Canada Blog, SlashGear, Neowin, GSMArena.com, Patently Apple, Cult of Mac, Tom's Hardware, iThinkDifferent, AppleInsider, iClarified, and Slashdot
| Stefania Palma / Financial Times: |
US crypto tsar Eun Young Choi says the DOJ is targeting exchanges alongside “mixers and tumblers” to stop illicit behavior, aiming to “send a deterrent message” — The justice department is stepping up scrutiny of an industry wracked by scandal and volatility
More:
Blockworks, Cointelegraph, PYMNTS.com, Neowin, ZyCrypto, CoinDesk, crypto.news, NewsBTC, CoinGape, CryptoSlate, Watcher Guru, and Forkast
Tweets:
@tr401 and @parrotcapital
| Malcolm Harris / Wired: |
A profile of Douglas Rushkoff, an internet theorist since the 1990s and a former techno-optimist who all but renounced being a digital revolution spokesperson — The former techno-optimist has taken a decisive political left turn. He says it's the only human option.| Jared Newman / Fast Company: |
Pluto TV co-founder Ilya Pozin's Telly opens a waitlist to give away 500,000 55-inch 4K HDR TVs in 2023 with a second screen that constantly shows ads — Would you take a free TV if it constantly ran banner ads beneath everything you watched? — That's the proposition for Telly …
More:
The Verge, VentureBeat, TechHive, AdExchanger, AppleInsider, Deadline, Beet.TV, CNBC, Liliputing, GameSpot, BGR, Neowin, Variety, The Hollywood Reporter, The Streamable, and Digital Trends
Tweets:
@tomwarren, @tra_royal, and @datnofact
| Associated Press: |
The TSA is testing facial recognition tech at 16 US airports, calling the pilot voluntary and accurate, as critics raise bias, privacy, and consent concerns — A passenger walks up to an airport security checkpoint, slips an ID card into a slot and looks into a camera atop a small screen.| Bloomberg: |
How Sea, one of Southeast Asia's largest internet companies that burned billions per year for market share, made huge cuts to turn its first profit in 14 years — Just over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his company, Sea Ltd. So he propped himself …
More:
Tech in Asia. LinkedIn:
Olivia Poh. Tweets:
@pelstrom, @bloombergasia, @notchasecoleman, and @pelstrom
| Randall Chase / Associated Press: |
A Delaware judge rules in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging the company overpaid for Netsuite's $9.3B acquisition in 2016 — A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced … | Kate King / Wall Street Journal: |
Nearly half of online footwear, apparel, and accessories brands tracked by Coresight have expanded to physical stores due to rising digital advertising costs — Warby Parker planned to sell glasses online and shake up retailing. Now it's discovered the value of real stores—900 of them, in fact.
LinkedIn:
Daniel McCarthy and Amjad Ahmad. Mastodon:
@carnage4life@mas.to
Tweets:
@wsj and @trengriffin
| Nikkei Asia: |
Elliptic: North Korean hackers stole $2.3B in crypto from businesses from 2017 to 2022, including $721M from Japan, $497M from the US, and $281M from Hong Kong — Study finds Japan's $721m loss accounts for 30% of global total since 2017 — According to the Japan External Trade Organization …
More:
Reuters, CoinGape, and CryptoSlate
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