Techmeme
June 3, 2023, 1:15 PM

Top News

Mark Gurman / Bloomberg:
Sara Fischer / Axios:
Chris Isidore / CNN:
The CFPB warns users of payment apps like PayPal, Venmo, Cash App, and Apple Cash that their money could be at risk as FDIC insurance does not cover the apps  —  New York CNN —  —  Payment apps like PayPal and Venmo might be convenient, but they're not banks — and a federal financial services watchdog …
Erin Woo / The Information:
Sources: Zume, which used robots to automate pizza making, shuts down and is undergoing liquidation; the startup had raised $445M, including $375M from SoftBank  —  Zume, which raised $375 million from SoftBank to automate pizza-making with robots before switching to developing sustainable packaging, has shut down.
Washington Post:
ChatGPT and other LLM tools have already replaced some marketing and social media writers as many companies decide cutting costs is worth the drop in quality  —  Technology used to automate dirty and repetitive jobs.  Now, artificial intelligence chatbots are coming after high-paid ones.
Lawrence Abrams / BleepingComputer:
Rapid7 and Mandiant: hackers are actively exploiting a zero-day vulnerability in Progress' MOVEit Transfer file transfer tool to steal data from organizations  —  Hackers are actively exploiting a zero-day vulnerability in the MOVEit Transfer file transfer software, tracked as CVE-2023-34362, to steal data from organizations.
Wall Street Journal:
Sources: A.J. Brown, Twitter's head of brand safety and ad quality, is leaving the company, the second departure of a top safety executive this week  —  A.J. Brown's departure comes after Ella Irwin, company's head of trust and safety, left Thursday  —  Twitter lost a second senior executive …
Annie Njanja / TechCrunch:
A Kenyan court rules that Meta is the primary employer of 184 content moderators suing Meta and contractor Sama for unlawful dismissal, and pauses their layoffs  —  A Kenyan court has ruled that Meta is the primary employer of content moderators suing the social media giant and its content review partner …
Zac Bowden / Windows Central:
Microsoft plans to drop Cortana support on Windows 10 and Windows 11 in late 2023, touting the company's AI efforts as suitable replacements for the assistant  —  Microsoft will no longer support the Cortana app starting this fall.  —  What you need to know

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More News

David D. Kirkpatrick / New Yorker:
Ben Cohen / Wall Street Journal:
Todd Spangler / Variety:

Earlier Picks

Bloomberg:
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