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June 7, 2023, 8:05 PM
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Top News

Wall Street Journal:
Investigations: Instagram connects and promotes a vast network of accounts openly devoted to underage sex content; Meta plans to improve its internal controls  —  The Meta unit's systems for fostering communities have guided users to child-sex content; company says it is improving internal controls
Filipe Espósito / 9to5Mac:
Apple releases a Game Porting Toolkit, based on the open-source platform Wine, to translate DirectX 12 into Metal 3, a potentially massive step for Mac gaming  —  One of the new features in macOS Sonoma is Game Mode, which Apple claims improves gaming performance on Apple Silicon Macs.
Jessica Toonkel / Wall Street Journal:
Sources: Amazon plans to launch an ad-supported Prime Video tier and is talking with WBD and Paramount about adding their ad-based tiers to Prime Video Channels  —  Discussions come as ad buyers have been pushing for more access to premium shows and movies  —  Amazon is planning to launch …
Kyle Wiggers / TechCrunch:
Google updates how Bard handles math, coding questions, and string manipulation via “implicit code execution”, which lets the chatbot run code in the background  —  Bard, Google's beleaguered AI-powered chatbot, is slowly improving at tasks involving logic and reasoning.
William Gallagher / AppleInsider:
Apple details features coming to its services this fall, like offline maps and real-time EV charging availability in Maps and Collaborative Playlists in Music  —  New features are coming to Apple Music, Apple Maps and more  —  Following the launch of Apple's next operating systems for its devices …
Ashley Capoot / CNBC:
Google Cloud partners with Mayo Clinic to test a service for making AI chatbots and search apps; Mayo created a tool that helps staff find patient data and more  —  - Google Cloud on Wednesday said Mayo Clinic is using a new generative AI search tool that lets companies create customized chatbots.
The Athletic:
Sources: MLS and Apple discussed sharing new Season Pass subscriber revenue with Lionel Messi; on June 6, Apple unveiled a four-part Messi docuseries on TV+  —  Major League Soccer and Inter Miami are solidifying details around the potential signing of Argentine superstar Lionel Messi.
Ivan Mehta / TechCrunch:
Automattic launches Jetpack AI Assistant for WordPress.com and Jetpack-powered sites, letting users generate content, translate text into 12 languages, and more  —  Automattic, the company behind WordPress.com and the main contributor to the open-source WordPress project …
Casey Newton / Platformer:
How Twitter, YouTube, and Meta gave up on removing lies about the 2020 US presidential elections, after having briefly banded together to do the right thing  —  For a time, they fought the good fight — but not any more  —  I.  —  On tech platforms these days you can get away with just about anything …
Kris Holt / Engadget:
Mojang launches Minecraft: Bedrock Edition for ChromeOS, after early access in March 2023; the $20 game runs on Chromebooks from the past three years and more  —  It will run on any Chromebook from the last three years, as well as some other models.  —  Following an early access period …
Ash Parrish / The Verge:
Twitch walks back new branded content guidelines it released on June 6 and calls them “bad” for streamers and the company, after swift backlash from creators  —  / ‘These guidelines are bad for you and bad for Twitch, and we are removing them immediately.’
Ashley Belanger / Ars Technica:
Pornhub adds a video message to its homepage for Virginia, Mississippi, and Arkansas visitors, asking to oppose the states' newly passed age verification laws  —  Pornhub wants to punt privacy concerns of age verification to Big Tech.  —  Starting today, Pornhub visitors in Virginia …
More: CNN
Samrhitha Arunasalam / Reuters:
GameStop fires CEO Matt Furlong two years after hiring him and appoints chairman and majority shareholder Ryan Cohen as its executive chairman; GME drops 15%+  —  June 7 (Reuters) - GameStop (GME.N) fired CEO Matt Furlong two years after hiring him and appointed billionaire Ryan Cohen as executive chairman …
Joe Tidy / BBC:
The Clop ransomware gang tells the BBC, British Airways, Boots, and other victims to begin negotiations by June 14 or it will release data from the MOVEit hack  —  A prolific cyber crime gang thought to be based in Russia has issued an ultimatum to victims of a hack that has hit organisations around the world.
Rachel Metz / Bloomberg:
Microsoft starts offering OpenAI's GPT-3 and GPT-4 to Azure Government clients, including various US agencies; the DOD's DTIC plans to experiment with the LLMs  —  Microsoft Corp. will make it possible for users of its Azure Government cloud computing service, which include a variety of US agencies …
Robert Armstrong / Financial Times:
Crypto is dangerous nonsense and should be regulated like smoking, gambling, or pyramid schemes, not granted the dignity of regulation under US securities law  —  But not for the reasons the exchanges think  —  This article is an on-site version of our Unhedged newsletter.
Matt Levine / Bloomberg:
A look at the similarities and differences between the SEC's lawsuits against Coinbase and Binance, as the SEC views every crypto exchange in the US as illegal
Nikhilesh De / CoinDesk:
Court filing: the SEC asked a DC court to grant a temporary restraining order that would freeze assets tied to Binance.US' holding and operating companies  —  The filing comes a day after the SEC sued Binance.  —  The U.S. Securities and Exchange Commission (SEC) asked a court to grant …

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From Mediagazer

New York Times:
Sources: Sony Pictures and Apollo Global formally express interest in acquiring Paramount for ~$26B; Paramount's negotiating period with Skydance ends May 3

Andrew Marchand / The Athletic:
Sources: MLB is in advanced talks to make Roku the new home for Sunday morning baseball this season, in what would be Roku's first major live rights deal

Sohee Kim / Bloomberg:
Indonesia's Vidio, a local streaming competitor to Netflix, aims to double its paid subscribers to 8M in the next two to three years ahead of an IPO

More News

Bloomberg:
Sequoia's plan for three VC firms represents a major shift due to rising US-China tensions and signals that China ties are a growing liability in Silicon Valley

Earlier Picks

Financial Times:
UK tech industry insiders say that hopes for a quick UK-US digital trade deal have dimmed due to Biden administration soft-pedaling since the April 2022 roadmap
Maghan McDowell / Vogue Business:
Louis Vuitton unveils “Treasure Trunk” NFTs, each costing €39K and granting access to future products and experiences, a pivot from its free-to-play NFT game
Financial Times:
Shares of NJ-based Tingo, which sells phones and credit to Nigerian farmers, fell 80%+ after Hindenburg alleged the fintech is an “exceptionally obvious scam”
Javier Espinoza / Financial Times:
Sources: the EU is considering a mandatory ban on member states using equipment from Huawei and other companies deemed a security risk in their 5G networks
Michael Potuck / 9to5Mac:
Apple makes iOS 17, iPadOS 17, watchOS 10, and macOS Sonoma developer betas free for anyone with an Apple ID, not just users with $99/year developer accounts
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