Techmeme
June 1, 2023, 1:15 PM

Top News

Meta:
Meta unveils the $500 Quest 3, “the first mainstream headset with high-res color MR”, slimmer and over 2x the GPU performance vs. the Quest 2, coming this fall  —  Meta Quest 3 Launches Later This Year + Lower Prices & Improvements for Quest 2 The countdown is on for …
Jon Porter / The Verge:
Meta cuts the Quest 2's price to $350 for 256GB and to $300 for 128GB, and plans a software update to boost the Quest 2 and Quest Pro's CPU and GPU performance  —  Starting June 4th, the 128GB version of the Quest 2 will cost $299.99 while the 256GB version will cost $349.99, Meta announced today.
Mark Gurman / Bloomberg:
Sources: Apple is testing two new high-end Macs, one with M2 Max and the other with an unannounced M2 Ultra, offering 60 graphics cores and up to 192GB of RAM  —  Apple Inc. is testing a pair of new high-end Macs and their accompanying processors ahead of its Worldwide Developers Conference next week …
Michael Potuck / 9to5Mac:
Survey: Android owners mostly switched to iPhone because of prior phone problems and new iPhone features; only 6% moved because of iMessage and FaceTime  —  Following its report that showed Android users pivoting to iPhone at a 5-year high, CIRP is out today with a study that reveals why people are making the switch.
Natasha Singer / New York Times:
Amazon agrees to pay $25M to settle FTC and DOJ charges over the company keeping Alexa voice recordings and geolocation data collected from children for years  —  Regulators said the tech giant kept children's Alexa voice recordings “forever,” violating a children's privacy law.
Bloomberg:
Aisha Malik / TechCrunch:
Instagram details ranking content in Feed, Stories, Reels, and more, and is testing more user controls, including an “Interested” button for recommended posts  —  Instagram announced today that it's testing a new feature that gives users more control over what they see on the social network …
Jason Schreier / Bloomberg:
After Microsoft paid $7.5B for ZeniMax in 2020, sources detail development issues for Redfall, one of the worst-reviewed games in 2023 and Xbox's latest misfire  —  Over the years, Microsoft Corp.-owned video-game developer Arkane Studios has cultivated a reputation for releasing games …
Hayden Field / CNBC:
OpenAI researchers say training AI with process supervision, which rewards the thought process rather than the outcome, could help prevent hallucinations  —  - AI hallucinations occur when models like OpenAI's ChatGPT or Google's Bard fabricate information entirely.
Bloomberg:
Elon Musk sent no tweets during his visit to China, the longest hiatus from the platform since June 2022; once his jet left Shanghai, Musk tweeted about SpaceX  —  Elon Musk, a prolific presence on Twitter and owner of the social media platform, didn't send any tweets while he was in China for his first visit since the pandemic.
Caroline O'Donovan / Washington Post:
Hundreds of white-collar Amazon workers in Seattle walked off the job, frustrated by job losses, a return-to-office mandate, carbon emissions, and leadership  —  Frustrated by job losses, office policies and rising carbon emissions, white-collar Amazon workers are demanding more from leadership
Isaac Schorr / Mediaite:
Michael McSweeney / The Block:
Crypto bridging protocol Multichain suspended service for multiple chains after being unable to contact its CEO to get server access, during ongoing tech issues  —  - Multichain, the cross-chain protocol, confirmed Wednesday that the team is unable to contact its chief executive amid ongoing technology problems.
Krisztian Sandor / CoinDesk:
DeFi lending protocol MakerDAO's community votes to ditch $500M of the Paxos Dollar stable from its reserves, impacting half of the token's supply  —  The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP's total supply.
Bloomberg:
Tether's USDT circulation surpasses its $83.2B all-time-high, recovering the ~$20B lost after TerraUSD imploded in 2022, even as crypto trading volumes drop  —  Tether Holdings Ltd.'s stablecoin has recovered all of the roughly $20 billion in market value it lost following the collapse …
Financial Times:
Investigation: of 14 laptops with trackers given to UK retailers to recycle, 10 were recycled correctly; others were sold, likely stolen, or took long journeys  —  Every year about 30,000 tonnes of electronic waste is illegally shipped out of Britain.  Much is destined for developing countries …
Reuters:
Sources: a planned $3B chip plant in India by ISMC, a consortium that included chipmaker Tower, has stalled due to the company's pending takeover by Intel  —  A planned $3 billion semiconductor facility in India by chip consortium ISMC that counted Israeli chipmaker Tower as a tech partner …

Sponsor Posts

Airtable:
Deep analysis for deep questions  —  Introducing Superagent.  A new research product from Airtable: Subagents deeply interrogate your topic and turn it into boardroom-ready reports, slides, docs, or websites.
Clay:
Turn any GTM idea into reality  —  Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.
Zoho:
App Spotlight: Plug&Play AI Email Assistant for Zoho CRM  —  Our App Spotlight brings you hand-picked apps to enhance the power of your Zoho apps and tools.  Visit Zoho Marketplace to explore all of our apps …
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.

Featured Podcasts

Big Technology Podcast:
Is Something Big Happening?, AI Safety Apocalypse, Anthropic Raises $30 Billion
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
'Something Big Is Happening' + A.I. Rocks the Romance Novel Industry + One Good Thing
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Lenny's Podcast:
"Engineers are becoming sorcerers" | The future of software development with OpenAI's Sherwin Wu
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.
Cheeky Pint:
Ben Thompson from Stratechery on AI ads, the end of SaaS, and the future of media
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Tools and Weapons with Brad Smith:
His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
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.
The Nick, Dick and Paul Show:
The Billionaire Button w/ Tim Wu
Nick Bilton, Dick Costolo, and Paul Kedrosky pull back the curtain on AI, startups, and the future rushing toward us, all with healthy dose of irreverence.
Subscribe to The Nick, Dick and Paul Show.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:15 PM ET, June 1, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Financial Times:

Earlier Picks

Juli Clover / MacRumors:
Sarah Perez / TechCrunch: