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May 18, 2023, 9:45 AM
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WeSmirchTop News
| 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 …
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Reuters, Associated Press, New York Times, CNN, BetaNews, The Verge, NPR, The Guardian, Silicon Republic, Bloomberg, The Verge, Android Central, Fast Company, Quartz, Neowin, Tech Xplore, Tom's Guide, NBC News, The Week, Mashable, gHacks Technology News, WRAL TechWire, ScheerPost.com, Variety, Caixin Global, Gizchina, The Messenger, KnowTechie, RTÉ, Deadline, International Business Times, Techlusive, Wccftech, Axios, Social Media Today, BBC, Digital Trends, Newser, SlashGear, Financial Times, Rolling Stone, Slashdot, Washington Post, AppleInsider, TechCrunch, The Hill, Gizmodo, South China Morning Post, Engadget, The Information, Dexerto, Politico, 9to5Mac, ChinaTechNews.com, and The Hill
LinkedIn:
Phil Ranta. Tweets:
@govgianforte, @govgianforte, @lanceulanoff, @geoffbrown82, @grimsr3ap3r79, @lookner, @ajgardineresq, @freedomfairie, @bennjordan, @prchovanec, @aclu, @bruno_j_navarro, @eff, @klonick, @kanielaing, @chassnews, @joannastern, @evystadium, @dasanil, @pgourevitch, @karaswisher, @ryandbusse, @chrispirillo, @karlbode, @kraywhiseheart, @anamatics, @omarijhardy, @emilybell, @justinhendrix, @jameeljaffer, @meghanbobrowsky, @80hd_theatre, @anachech, @joebeone, @levie, @popbase, @winterformt, and @eff
| 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 …
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Treasury Committee - UK Parliament, Treasury Committee - UK Parliament, Moneyness, South China Morning Post, Blockworks, CryptoUK, CoinGeek, MediaNama, Cryptopolitan, CryptoSlate, Cointelegraph, CNBC, CoinDesk, Ledger Insights, CryptoPotato, Decrypt, CryptoSlate, crypto.news, Cryptopolitan, Metaverse Post, and DL News
Mastodon:
@carnage4life@mas.to and @davidgerard@circumstances.run
Tweets:
@fintechfrank, @commonstreasury, @smtuffy, @smtuffy, @davidzmorris, @functi0nzer0, @coinbureau, @uglygame, @loopifyyy, @ryansadams, and @davidbelle_
| 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 …
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Australian Financial Review, Westpac, CoinDesk, Metaverse Post, Cointelegraph, Reuters, Decrypt, Unchained Crypto, The Block, Sydney Morning Herald, CryptoSlate, crypto.news, CoinJournal, CryptoPotato, Ethereum World News, Watcher Guru, and Forkast
Tweets:
@binance_aus, @binance_aus, @liquiditygoblin, @bitfinexed, and @markdistef
| Todd Spangler / Variety: |
YouTube unveils 30-second unskippable ads on top-performing videos on TVs and says 150M+ unique US viewers watched YouTube or YouTube TV on TVs in December 2022 — Google's video giant says it reaches more than 150 million U.S. monthly viewers on TV screens| 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 …
More:
TechCrunch, Pew Research Center, Social Media Today, CNBC, Daring Fireball, and The Hill
LinkedIn:
Michelle Faverio and Michelle Faverio
| Mark Gurman / Bloomberg: |
Sources detail Apple's headset ahead of WWDC: a shift from a vision of eyeglasses to ski goggles, Tim Cook's design 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 …
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MacRumors, MacRumors, AppleInsider, 9to5Mac, CNBC, MacDailyNews, Supercharged, Wareable, and Forbes
Tweets:
@markgurman and @markgurman
| 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 …
More:
Grayscale Investments, Cointelegraph, crypto.news, CryptoPotato, Unchained Crypto, CoinJournal, Cryptopolitan, CryptoSlate, Decrypt, Cryptonews, and The Block
Tweets:
@johnedeaton1, @hoffmang, @mdudas, @mikeseligesq, @guinnessstache, @khughbreslin, and @wublockchain
| Tatum Hunter / Washington Post: |
Ovulation tracking app Premom agrees to pay $200K to settle with the FTC and state AGs for allegedly sharing user information with third parties without consent — The app allegedly shared sensitive user information with China-based companies known for privacy problems
More:
TechCrunch, Federal Trade Commission, Easy@Home Fertility, CT.gov, CyberScoop, The Record, and CNN
Tweets:
@linakhanftc, @robertjbateman, @linakhanftc, @linakhanftc, @bernsteingaia, and @robertjbateman
| Nikkei Asia: |
Sources: Apple plans to mass produce microLED displays to reduce reliance on Samsung and increase supply control, having spent $1B+ on microLED R&D in ~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 …
More:
MacRumors, 9to5Mac, Patently Apple, Financial Times, and Wccftech
Tweets:
@trengriffin and @zcolemantk
| Financial Times: |
At a meeting with Japan's Prime Minister, TSMC, Samsung, Intel, Micron, and other chipmakers announce plans to expand investment and partnerships in the country — Seven of the world's largest semiconductor makers have set out plans to increase manufacturing and deepen tech partnerships … | Laura Cole / Wired: |
An investigation reveals how hundreds of freelancers hired as customer service reps 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.
Mastodon:
@carnage4life@mas.to, @metacurity@infosec.exchange, and @yoyoel@macaw.social
Tweets:
@wired and @laura_j_cole
| Manish Singh / TechCrunch: |
AWS plans to invest $12.7B into its infrastructure in India by 2030, in addition to a previous $3.7B, and says its spending will support 131,700 full-time jobs — Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday …
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Amazon India, Network World, Entrackr, The Economic Times, Barron's Online, Quartz, BigTechWire, TechCircle, gHacks Technology News, TechRadar, Techlusive, Moneycontrol, WebProNews, The Economic Times, Reuters, Bloomberg, and Livemint
Tweets:
@aselipsky, @kriti_kg, @cnbctv18news, @awscloudindia, @jasuja, @chandrarsrikant, @aparanjape, and @ettech
| 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.
Tweets:
@bahirwanikrish
| Alex Weprin / The Hollywood Reporter: |
Netflix says its ad tier has nearly 5M MAUs globally six months after launch and makes up 25%+ of signups in countries with the option; the median age is 34 — In its inaugural upfront advertising event, executives touted the the streaming service's growing ad tier, and unveiled new sponsorship options.| The Information: |
Sources: Snowflake is in advanced talks to acquire Neeva, possibly for AI tools to help companies search internal data; Neeva also shopped itself to Databricks — Database software provider Snowflake has been in advanced talks to acquire Neeva, a search startup founded by former top Google … | Mark Harris / TechCrunch: |
An investigation finds only ~$15M in donations to OpenAI when the organization was a nonprofit are definitively traceable to Elon Musk, below $50M-$100M claims — Years of tax filings give the most complete picture yet of OpenAI's early finances — It's no secret that Elon Musk … | Laura Cooper / Wall Street Journal: |
Sources: private equity firms Francisco Partners and TPG plan a $5B+ bid to acquire observability software company New Relic; a deal may be reached in weeks — Buyout firms Francisco Partners, TPG team up in $5 billion-plus bid — Private-equity firms Francisco Partners and TPG …
More:
SiliconANGLE, The Information, iTnews, Investor's Business Daily, and Reuters
Tweets:
@lcooperreports and @gergelyorosz
| Jane Zhang / Bloomberg: |
Alibaba reports Q4 revenue up 2% YoY to ~$30.3B, a ~$3.2B net income, up from a ~$2.9B net loss in Q4 2022, and plans to spin off its cloud unit and IPO others — Alibaba Group Holding Ltd. will explore initial public offerings for its logistics and grocery arms while hiving off …
More:
Reuters, The Information, South China Morning Post, Financial Times, Bloomberg, CNBC, and Alibaba
| Yogita Khatri / The Block: |
Tether plans to invest up to 15% of its profits in bitcoin, as the stablecoin developer shifts its reserves toward crypto and away from US government debt — - Tether is set to purchase bitcoin on a regular basis from its profits. — It held $1.5 billion in bitcoin as of the end of the first quarter …
More:
Tether, CoinDesk, Cryptonews, Crypto Daily, Unchained Crypto, 24/7 Wall St., CryptoGlobe, NewsBTC, Bitcoin News, ZyCrypto, Decrypt, crypto.news, BeInCrypto, Blockworks, Cryptopolitan, Trustnodes, Bloomberg, Finbold, Tech Startups, Cointelegraph, CryptoSlate, and CNBC
Tweets:
@tether_to, @paoloardoino, @davidbelle_, @waynevaughan, @fewseethis, @alistairmilne, @wclementeiii, and @ben_mckenzie
| The Record: |
Q&A with FBI's Bryan Smith on how the agency generated over 300 decryption keys from Hive's servers and gave them to victims, saving ~$130M in ransom payments — While there was excitement when they actually got that access, there was no time to kind of enjoy that moment …
More:
SC Media
| Washington Post: |
A survey of 70 cybersecurity experts: 64% favor reauthorization of FISA's Section 702, set to expire at the end of 2023, with some changes to address abuse — Welcome to The Cybersecurity 202! It's good to be back from Denver. There, a 6-year-old repeatedly defeated me and/or incapacitated … | Madhumita Murgia / Financial Times: |
AI pioneer Yoshua Bengio, who won the 2018 Turing Award alongside Geoffrey Hinton and Yann LeCun, says governments need to act quickly to “protect the public” — Computer science professor becomes latest expert to voice concerns over rapid rollout of large language models
Tweets:
@alondra and @aidangomezzz
| 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.Sponsor Posts
Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Subquadratic: the LLM built for 12M-token reasoning — SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds. Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Stop vibe coding analytics — Equals AI turns questions about your business into auditable spreadsheet models and dashboards. Build once, iterate for years.
Zoho:
Stay audit-ready with email journaling in Zoho Mail — Emails continue to be the hotspot of business activity. Decisions, approvals, conversations, obligatory birthday wishes, and everything in between passes through it.
Stay audit-ready with email journaling in Zoho Mail — Emails continue to be the hotspot of business activity. Decisions, approvals, conversations, obligatory birthday wishes, and everything in between passes through it.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Invest Like the Best:
John Kim - How to Raise a Few Billion Dollars
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Grit:
The Sales Framework Every Founder Needs | Mark Roberge
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
How tech workers actually feel about AI in 2026 | Annual AI sentiment survey (Noam Segal)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
OpenAI Finally Ships Its Superapp, Meta's AI Price War, ChatGPT Cheating At Brown
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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The Upstarts Podcast:
Radical AI's Joseph Krause: The Scientist Building The 'Waymo' Lab For New Materials
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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