Techmeme
May 18, 2023, 12:15 PM

Top News

Brian Fung / CNN:
SCOTUS declines to address Section 230 protections in Gonzalez v. Google and shields Twitter from liability for terror-related content in Twitter v. Taamneh  —  Twitter will not have to face accusations it aided and abetted terrorism when it hosted tweets created by the terror group ISIS, the Supreme Court ruled Thursday.
Mark Gurman / Bloomberg:
Sources detail Apple's headset ahead of WWDC: shifting the vision from eyeglasses to ski goggles, Tim Cook's product noninvolvement, selling at cost, and more  —  Many times throughout its history, Apple Inc. has redefined consumer technology by breathing new life into an existing category …
Wall Street Journal:
Montana Governor Greg Gianforte signs the country's first bill that bans TikTok in a state, set to go into effect on January 1, 2024  —  Ban is slated to take effect next year—if it survives expected litigation  —  Montana's governor signed the country's first bill that outright bans TikTok …
Huw Jones / Reuters:
A UK Treasury Committee crypto report recommends the government regulate trading and investment in unbacked crypto as gambling instead of a financial service  —  Bitcoin , ether and other cryptocurrencies should be regulated as gambling given the significant risks they pose to consumers …
Suvashree Ghosh / Bloomberg:
Binance Australia can no longer offer Aussie dollar deposits due to a decision by Cuscal, “our payment processor's partner bank”, and warns of disruptions  —  The Australian arm of crypto exchange Binance suffered a setback on Thursday after the local platform lost access …
Todd Spangler / Variety:
Nikkei Asia:
Sources: Apple plans to get directly involved in microLED display production to reduce its reliance on Samsung, after spending $1B+ on R&D in nearly 10 years  —  iPhone maker makes billion-dollar bet on micro-LED screens  —  Apple is taking a hands-on approach to production of micro-LED screens …
New York Times:
Meta's unusual move to open source LLaMA stands out from its rivals' approach, driven by the belief that sharing its work will help spread its influence in AI  —  The tech giant has publicly released its latest A.I. technology so people can build their own chatbots.  Rivals like Google say that approach can be dangerous.
Michelle Faverio / Pew Research Center:
Survey: 60% of Americans who used Twitter in the past year have taken a break from the social network; 25% say they are not likely to use Twitter in a year  —  A majority of Americans who have used Twitter in the past year report taking a break from the platform during that time …
Financial Times:
Chipmakers TSMC, Samsung, Intel, Micron, Applied Materials, IBM, and Rapidus announce plans to increase manufacturing and deepen tech partnerships in Japan  —  Seven of the world's largest semiconductor makers have set out plans to increase manufacturing and deepen tech partnerships in Japan …
Laura Cole / Wired:
An investigation finds that hundreds of freelancers hired as customer service staff catfish users into paying for subscriptions on niche dating and hookup sites  —  Hired as customer service reps, these freelancers were instead tasked with luring in the lonely and lovestruck through a network of dating and hookup sites.
Manish Singh / TechCrunch:
Amazon plans to invest $12.7B into its AWS infrastructure in India by 2030, on top of a previous $3.7B, and says its spending will support 131.7K full-time jobs  —  Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday …
Tatum Hunter / Washington Post:
Fertility tracking app Premom settles with the FTC and state AGs for $200K over allegedly sharing sensitive user information with third parties without consent  —  The app allegedly shared sensitive user information with China-based companies known for privacy problems
CoinDesk:
Grayscale says the US SEC warned that the Filecoin token meets the definition of a security and asked Grayscale to withdraw its Filecoin Trust application  —  Grayscale announced last month that the SEC suggested FIL might be a security.  —  to withdraw its Form 10 that sought …
Diana Li / Bloomberg:
Grammarly announces Grammarly Business, which uses generative AI to summarize key points in email threads, compose replies, and more, rolling out in June 2023  —  Grammarly Inc., a software company known for its writing assistant, is trying to expand its business to the office by harnessing artificial intelligence.
The Record:
Q&A with the FBI's Bryan Smith on how the agency generated 300+ decryption keys from Hive's servers and gave them to victims, avoiding ~$130M in ransom payments  —  While there was excitement when they actually got that access, there was no time to kind of enjoy that moment …

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