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June 8, 2023, 11:35 AM
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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:
The SEC's Binance lawsuit includes testimony from ex-Binance.US CEO Catherine Coley, who joined in 2019 before suddenly leaving two years later without a trace
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
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.
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.’
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.
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 …
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.
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 …
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
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.
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.
Chris Stokel-Walker / Fast Company:
Adobe rolls out Firefly to businesses and offers “full indemnification” for copyright infringement lawsuits over any content created in the generative AI tool  —  Adobe is so confident in Firefly's ability to respect creators' copyrighted images that it'll legally compensate businesses …
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 …
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 …
Financial Times:
The European Court of Justice strikes down Barcelona's 2018 restrictions on ride-hailing licenses, a victory for Uber, Cabify, and other services across Europe  —  ECJ's verdict will allow likes of Uber and Cabify to increase presence in Catalan city  —  A top EU court has struck …
Financial Times:
Sequoia's Roelof Botha says splitting the VC stops the trio from rubbing against one another; sources: China arm manager Neil Shen agitated for a separate unit  —  Silicon Valley VC firm's lucrative foray into rival nation ends as geopolitical tensions flare up

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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.

From Mediagazer

Naman Ramachandran / Variety:
BBC DG Matt Brittin says the BBC and UK public service broadcasting face “real jeopardy” as license fee erosion drives BBC's third consecutive annual deficit

Lillian Rizzo / CNBC:
Paramount's lead trial counsel says the company is still aiming to close the WBD deal by the end of September and is prepared to bring the case to SCOTUS

Robert D. McFadden / New York Times:
Pulitzer-winning political cartoonist Pat Oliphant, 90, has died in Santa Fe, NM; at the height of his career, he was syndicated in as many as 500 newspapers

More News

Sapna Maheshwari / New York Times:
In a letter, two US senators accuse TikTok of misleading Congress on the company's handling of US user data, demanding answers to 12+ questions by June 16
More: CNN, The Hill, and Forbes
Tweets: @b_fung, @baekdal, @sapna, @sapna, and @sapna
Ingrid Lunden / TechCrunch:
Berlin-based Payrails, which offers a framework for enterprise payment services, raised a $14.4M seed extension led by EQT Ventures, bringing its seed to $20.8M

Earlier Picks

Joseph Cox / VICE:
Chats, screenshots, and interviews: some people are pirating GPT-4 and offering free access after stealing OpenAI API tokens scraped from other people's code
Natasha Lomas / TechCrunch:
Meta plans to update its account center to give users more control over its cross-site tracking and profiling, ahead of a German antitrust ruling set for July 4
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
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
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