Techmeme
June 1, 2023, 8:45 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 …
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Jon Porter / The Verge:
Daryna Antoniuk / The Record:
The FSB claims Apple helped the NSA hack Russian diplomats' iPhones; Kaspersky: unknown malware leveraged zero-click exploits on iPhones running up to iOS 15.7  —  Russia's Federal Security Service (FSB) is accusing U.S. intelligence of hacking “thousands of Apple phones” to spy on Russian diplomats.
Allison Johnson / The Verge:
Motorola launches two new Razr phones, including the $999 Razr Plus with a 3.6" outer display, a 6.9" inner 165Hz 1080p panel, and a Snapdragon 8+ Gen 1 chipset  —  Moto is adding two new foldables, led by the Razr Plus.  Its 3.6-inch cover screen makes it more than just a nostalgic tribute to your favorite 2000s flip phone.
Michael Potuck / 9to5Mac:
Survey: 53% of Android device owners switched to iOS due to prior phone problems and 26% for 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.
AnnaMaria Andriotis / Wall Street Journal:
Some Apple Savings Account users have had trouble transferring money out of their accounts; Goldman representatives have given differing responses on what to do  —  Some customers said it has taken weeks to withdraw their money, and that the bank's instructions have differed
Sheila Dang / Reuters:
Twitter's VP of Trust and Safety Ella Irwin says she has resigned from the company  —  Twitter's head of trust and safety Ella Irwin told Reuters on Thursday that she has resigned from the social media company.  — Apps- Newsletters- Advertise with Us- Advertising Guidelines- Cookies- Terms …
Doyinsola Oladipo / Reuters:
Airbnb sues New York City over a new law the company calls a “de facto ban against short-term rentals”; the city plans to begin enforcing the law in July 2023  —  Airbnb Inc (ABNB.O) on Thursday filed a lawsuit against New York City over a new law it called a “de facto ban” …
Aisha Malik / TechCrunch:
Instagram details how the app ranks Feed content, Stories, Reels, and more, and tests 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 …
EJ Dickson / Rolling Stone:
A look at the grotesque world of AI true-crime-victim TikTok, where AI deepfakes, based on images of children who were abused, describe their own ghastly demise  —  TikTok accounts are posting horrifying artificial intelligence-generated clips of murder victims — mostly children — describing their own ghastly demise
Jason Schreier / Bloomberg:
After Microsoft acquired ZeniMax for $7.5B in 2020, sources detail development issues for Redfall, one of 2023's worst-reviewed games and Xbox's latest misfire  —  Over the years, Microsoft Corp.-owned video-game developer Arkane Studios has cultivated a reputation for releasing games …
Jordan Novet / CNBC:
Sources: Microsoft has agreed to spend potentially billions of dollars on CoreWeave; the GPU cloud provider raised $200M, bringing its Series B round to $421M  —  - Microsoft's agreement with CoreWeave could be worth billions of dollars over multiple years, people familiar with the matter said.
Isaac Schorr / Mediaite:
Bloomberg:
Tether's USDT circulation surpasses its $83.2B all-time-high, recovering the ~$20B lost after TerraUSD's 2022 collapse, even as crypto trading volume stays low  —  Tether Holdings Ltd.'s stablecoin has recovered all of the roughly $20 billion in market value it lost following the collapse …
Jeremy C. Owens / MarketWatch:
Caroline O'Donovan / Washington Post:
Hundreds of white-collar Amazon staff in Seattle walk off the job, frustrated by job losses, a return-to-office mandate, rising carbon emissions, and leadership  —  Frustrated by job losses, office policies and rising carbon emissions, white-collar Amazon workers are demanding more from leadership
Bloomberg:
Amazon agrees to pay $5.8M to settle FTC allegations that Ring gave employees and third-party contractors full access to every customer video until 2017  —  Amazon.com Inc. agreed to pay $30.8 million to resolve two cases brought by the Federal Trade Commission Wednesday related to privacy lapses by its smart devices.
Natasha Singer / New York Times:

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Earlier Picks

Reuters:
Kate Clark / The Information:
Hayden Field / CNBC: