Techmeme
June 8, 2023, 6:15 PM

Top News

Alex Heath / The Verge:
Chris Cox showed Meta's employees its “response to Twitter”, an Instagram-based text app that integrates with ActivityPub; docs: the app could be called Threads  —  One of Meta's top executives showed employees a preview of the company's upcoming Twitter competitor during …
Alex Heath / The Verge:
At an all-hands, Zuckerberg addressed Apple's Vision Pro unveiling, saying “that could be the vision of the future of computing” but “not the one that I want”  —  / Zuckerberg directly addressed Apple's Vision Pro unveiling in a meeting with Meta employees today …
Ina Fried / Axios:
Sources: at an all-hands, Mark Zuckerberg shared Meta's plan to add generative AI text, image, and video tools to its apps, starting with Messenger and WhatsApp  —  Meta CEO Mark Zuckerberg announced a plan to employees on Thursday that will see it put generative AI text …
John Gruber / Daring Fireball:
Apple Vision Pro impressions after 30 minutes: extraordinary tech, heavier than expected, visionOS navigation 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” …
Juli Clover / MacRumors:
Apollo's developer plans to shut down the Reddit client on June 30, saying “Reddit's recent decisions and actions” make it impossible for Apollo to continue  —  Popular third-party Reddit app Apollo will be shutting down as of June 30, Apollo developer Christian Selig announced today.
Rohan Goswami / CNBC:
Court filings: Binance's lawyers allege SEC Chair Gary Gensler offered to serve as 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:
Emily Nicolle / Bloomberg:
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 …
David Pierce / The Verge:
WhatsApp announces Channels, a one-to-many broadcast feature as “a private way to follow what matters”, and plans to add payment and other monetization services  —  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 consider office attendance records in performance reviews and only take new requests to work remotely full time as exceptions  —  Search giant, which asks most workers to be in an office 3 days a week, will consider attendance as part of performance
Vulture:
Hollywood insiders discuss the end of Peak TV, an era started by Netflix dropping House of Cards' first season 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 …
Will Douglas Heaven / MIT Technology Review:
DeepMind's AlphaDev, an AI for discovering better algorithms, devised a C++ sorting algorithm that is up to 70% faster; ISO has since added the algorithm to C++  —  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.
William Turvill / Press Gazette:
Google plans to launch News Showcase, first announced in October 2020, in the US later this summer, alongside partnerships with five local news associations  —  Partner publications include the Wall Street Journal, AP, Reuters and Bloomberg.  —  Google will launch the US edition …
Matt Levine / Bloomberg:
A look at what the SEC and the crypto industry learned from the SEC's ICO enforcement actions in 2017, why the SEC is suing only over select tokens, and more  —  SEC v. crypto exchanges  —  The US Securities and Exchange Commission began cracking down on crypto in 2017.
Ewen MacAskill / The Guardian:
Esther Webber / Politico:
UK Prime Minister Rishi Sunak plans to host an AI summit in the fall with “like-minded” nations, saying the UK would be “well-placed” to convene discussions  —  Rishi Sunak's spokesperson denied G7 members were trying to set up an alliance against China and Russia.
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 …
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 …

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Earlier Picks

Isaiah Poritz / Bloomberg Law:
Sapna Maheshwari / New York Times:
Ingrid Lunden / TechCrunch:
Kyle Wiggers / TechCrunch: