| Rohan Goswami / CNBC: |
Court filings: Binance's lawyers allege SEC Chair Gary Gensler offered to be an advisor to the company in March 2019 when he was teaching at MIT Sloan — - According to a new filing from Binance's lawyers, SEC Chair Gary Gensler offered to be an advisor to the crypto exchange in 2019.| Colin Wilhelm / The Block: |
Court documents: the SEC accuses Binance and Binance.US of redirecting $12B+ in customer assets to entities controlled by Changpeng Zhao between 2019 and 2021 — The Securities and Exchange Commission has accused Binance and Binance.US of redirecting over $12 billion in customer assets … | Emily Nicolle / Bloomberg: |
| John Gruber / Daring Fireball: |
Apple Vision Pro impressions after 30 minutes of use: extraordinary tech, heavier than expected, visionOS is a breakthrough, incredible for sports, and more — I got to spend about 30 minutes Monday afternoon using a Vision Pro and VisionOS at Apple Park, in a temporary “field house” … | David Pierce / The Verge: |
WhatsApp announces Channels, a one-to-many broadcast tool that is “a private way to follow what matters”, and plans to add payment services in the future — June 8, 2023 … The newest feature in WhatsApp brings a very different kind of messaging to the world's most popular chat app.| Miles Kruppa / Wall Street Journal: |
Internal email: Google plans to include office attendance records in performance reviews and consider new requests to work remotely full-time as an exception — Search giant, which asks most workers to be in an office 3 days a week, will consider attendance as part of performance| Ash Parrish / The Verge: |
Twitch walks back new branded content guidelines, released on June 6, calling 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.’| Will Douglas Heaven / MIT Technology Review: |
DeepMind's AlphaDev, an AI for discovering enhanced algorithms, devised new C++ sorting algorithms that are up to 70% faster and have been added to the language — The AI-generated algorithms are already being used by millions of developers. — DeepMind's run of discoveries in fundamental computer science continues.| Camomile Shumba / CoinDesk: |
The UK FCA plans to introduce tough crypto advertising rules, classifying crypto as “restricted mass market investments”, banning incentives to invest, and more — The Financial Conduct Authority said it will treat crypto like a high risk investment, and will consult on new guidance for its rules on promotions.| 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.| Erin Griffith / New York Times: |
Tech entrepreneurs who left the Bay Area during the pandemic are returning, saying they can't miss out on the funding, hackathons, and networking of the AI boom — Tech entrepreneurs who left the Bay Area during the pandemic say they can't afford to miss out on the funding … | Vulture: |
Hollywood insiders reflect on the end of “Peak TV”, an era kickstarted by Netflix releasing House of Cards in one go in 2013, as streaming services cut back — If you call a slew of Hollywood's most powerful showrunners, studio chiefs, agents, and operators and ask them to describe … | Esther Webber / Politico: |
UK Prime Minister Rishi Sunak plans to host an AI summit in the fall, saying the UK would be “well-placed” to convene discussions; attendees are unclear — Rishi Sunak's spokesperson denied G7 members were trying to set up an alliance against China and Russia.| Ewen MacAskill / The Guardian: |
On the 10th anniversary of his revelations, Edward Snowden says he has “no regrets” and “2013 seems like child's play” versus current surveillance capabilities — But whistleblower says 2013 surveillance 'child's play' compared to technology today| Matt Levine / Bloomberg: |
A look at what the SEC and crypto industry learned from the SEC's ICO enforcement actions in 2017, why the SEC is targeting only select tokens, and more — SEC v. crypto exchanges — The US Securities and Exchange Commission began cracking down on crypto in 2017.| Bloomberg: |
Toronto-based NLP and chatbot startup Cohere raised $270M led by Inovia Capital, a source says at a $2.1B to $2.2B valuation, taking its total funding to ~$445M — Artificial intelligence startup Cohere has raised $270 million from a mix of venture capital and strategic investors including Oracle Corp … | 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 … | Chris Stokel-Walker / Fast Company: |
Adobe begins rolling out its generative AI Firefly tool to businesses and plans to offer “full indemnification” against copyright lawsuits over its output — Adobe is so confident in Firefly's ability to respect creators' copyrighted images that it'll legally compensate businesses … | Anton Shilov / Tom's Hardware: |
SK Hynix begins mass producing its 238-layer 3D NAND flash memory chips, promising speeds of 2400MT/s, up from the last generation's 176 layers and 1600MT/s — The new memory promises speeds of up to 2,400 MT/s. — SK hynix said late on Wednesday that it had begun mass production of its 238-layer … | Isaiah Poritz / Bloomberg Law: |
A radio host sues OpenAI for defamation over a ChatGPT hallucination, alleging the tool generated a false legal complaint accusing him of fraud and embezzlement — OpenAI LLC is facing a defamation lawsuit from a Georgia radio host who claimed the viral artificial intelligence program ChatGPT generated … | Benjamin Mayo / 9to5Mac: |
iOS 17 and macOS Sonoma will include Link Tracking Protection in Mail, Messages, and Safari's private mode to automatically remove tracking parameters in URLs — iOS 17 and macOS Sonoma include even more privacy-preserving features while browsing the web. — Link Tracking Protection … | Bloomberg: |
Sources: TikTok is aiming for $20B in global e-commerce GMV in 2023, more than quadruple the $4.4B in 2022, after TikTok Shop's rapid growth in Southeast Asia — ByteDance Ltd.'s TikTok aims to more than quadruple the size of its global e-commerce business to as much as $20 billion … | Bloomberg: |
GoTo CEO Andre Soelistyo plans to step down, to be replaced by Northstar partner Patrick Walujo, who aims to tackle years of losses and intensifying competition — Indonesian internet company GoTo Group is replacing its chief executive officer, seeking fresh leadership to reverse years of losses and tackle intensifying competition.| Jay Peters / The Verge: |
Reddit creates an exemption from its unpopular new usage-based API pricing terms for “select developers of non-commercial apps that address accessibility needs” — Reddit is creating an exemption to its unpopular new API pricing terms for makers of accessibility apps …
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| Ashley Capoot / CNBC: |
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| William Gallagher / AppleInsider: |