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June 13, 2023, 11:20 PM
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Top News

The Verge:
Staff memo: Reddit's CEO says “like all blowups on Reddit, this one will pass”, new moderation tools are vital, wearing Reddit gear in public is risky, and more  —  In an internal memo sent Monday afternoon to Reddit staff, CEO Steve Huffman addressed the recent blowback directed at the company …
Jay Peters / The Verge:
Over 300 subreddits, including r/aww, r/music, and r/videos, plan to extend their protests indefinitely; 8,400+ have now gone private or into a restricted mode  —  / ‘More is needed for Reddit to act.’  —  Moderators of many Reddit communities are pledging to keep their subreddits private or restricted indefinitely.
Casey Newton / Platformer:
Reddit's API pricing changes stem from LLMs driving up the value of the site's data, an upcoming IPO, and third-party apps generating no revenue for the company
Nicole Carpenter / Polygon:
Swedish gaming conglomerate Embracer Group says it will close multiple studios, cancel games, and cut staff, after a $2B deal unexpectedly fell through  —  Embracer Group has close to 17,000 employees over more than 100 studios, many of which were acquired over the past few years
Steven Levy / Wired:
Q&A with Satya Nadella on his generative AI “eureka moment”, OpenAI, helping anyone with a phone become a developer, pausing AI work, Bing's relevancy, and more  —  The CEO can't imagine life without artificial intelligence—even if it's the last thing invented by humankind.
Ingrid Lunden / TechCrunch:
Paris-based Mistral AI raised a €105M seed led by Lightspeed, sources say at a €240M valuation, to rival OpenAI and plans to release its first AI models in 2024  —  AI is well and truly off to the races: a startup that is only four weeks old has picked up a $113 million round …
Kyle Wiggers / TechCrunch:
OpenAI releases new GPT-3.5-turbo and GPT-4 versions that include a new “function calling” feature, and reduces the pricing of the original GPT-3.5-turbo by 25%  —  As the competition in the generative AI space grows fiercer, OpenAI is upgrading its text-generating models while reducing pricing.
Ivan Mehta / TechCrunch:
Google rolls out its June 2023 Pixel update, adding new safety features, a hands-free photo capture gesture, Pixel Watch oxygen saturation monitoring, and more  —  Google announced the June Pixel Drop today with features like the ability to schedule a safety check with Google Assistant …
James Cirrone / Blockworks:
Nostr-based social media app Damus says it must remove a bitcoin tipping button on posts but can keep it on profiles, after Apple threatened App Store delisting  —  Damus creator William Casarin told his followers on the app that Apple would allow zaps, just with a slight tweak
Jay Peters / The Verge:
A US court issues a temporary restraining order preventing Microsoft's Activision Blizzard acquisition and sets an evidentiary hearing for June 22 and 23, 2023  —  A federal court has issued a temporary restraining order that will prevent Microsoft from closing its $68.7 billion deal to acquire Activision Blizzard — at least for now.
Mike Wheatley / SiliconANGLE:
Meta details I-JEPA, a computer vision model that uses common sense world knowledge to create more accurate images, avoiding errors like hands with extra digits  —  Artificial intelligence researchers from Meta Platforms Inc. say they're making progress on the vision of its Chief AI Scientist Yann LeCun …
Vishal Chawla / The Block:
The SDNY releases documents showing a former SEC director suggested ether and bitcoin were not securities in 2018, which crypto advocates say undermines the SEC  —  - Certain documents related to former SEC director William Hinman have been released in the SEC's lawsuit against Ripple Labs.
Mark Savage / BBC:
Paul McCartney says a sound editor used AI to “extricate” John Lennon's voice from an old demo to create “the final Beatles record”, slated for release in 2023  —  Sir Paul McCartney says he has employed artificial intelligence to help create what he calls “the final Beatles record”.
Hassan Mujtaba / Wccftech:
AMD unveils its EPYC Bergamo CPUs, offering up to 128 Zen 4C cores for cloud-native servers and data center platforms  —  AMD's EPYC Bergamo CPUs break official ground today, offering up to 128 Zen 4C cores to cloud and data center servers.  The Bergamo chips are designed to offer higher density in an efficient chip package.
Ryan Smith / AnandTech:
AMD previews its Instinct MI300 accelerator family, including the MI300X, a high-performance GPU with 192GB of HBM3 memory aimed squarely at the LLM market
Ivan Mehta / TechCrunch:
YouTube lowers its Partner Program monetization requirements, including creators needing 500 subscribers, not 1,000, and just 3K watch hours or 3M Shorts views  —  YouTube is lowering the requirements for creators to get access to monetization tools under the YouTube Partner Program (YPP).
Wall Street Journal:
Sources: Microsoft and OpenAI's unusual deal created conflict and confusion, including over transparency, sales pitches, and Microsoft's spending on in-house AI  —  The unconventional arrangement between Microsoft and OpenAI sometimes causes conflict.  —  166 min read  —  ◆ WSJ NEWS EXCLUSIVE
Wall Street Journal:
Sources: Netflix is in talks to livestream its first sporting event, a golf tournament with Full Swing professional golfers and Formula One drivers, this fall
Anissa Gardizy / The Information:
Source: Rob Bearden, CEO of Cloudera, told employees he is stepping down, two years after KKR and CD&R acquired the data management software company for ~$5.3B  —  Rob Bearden, the CEO of Cloudera, told employees in a virtual town hall meeting on Tuesday that he is stepping down, according to someone with direct knowledge.

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This is a Techmeme archive page. It shows how the site appeared at 11:20 PM ET, June 13, 2023.

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From Mediagazer

New York Times:
Sources: an Iranian-aligned militia in Iraq is seeking the release of several detained militia members in exchange for freeing journalist Shelly Kittleson

Neel Dhanesha / Nieman Lab:
Three independent journalists experiment with a 30-day bundle of their newsletters for $8.50, half the normal price, using a service called Trustfnd

Heather Bushman / Indianapolis Star:
Circle City Broadcasting lays off what staffers call a significant share of WRTV's staff, after buying the Indianapolis station from Scripps under an FCC waiver

More News

Richard Lawler / The Verge:
Amazon says it has resolved an AWS outage that impacted the US-EAST-1 region for nearly four hours and affected multiple services, including fast-food apps

Earlier Picks

Tiyashi Datta / Reuters:
Accenture plans to invest $3B over three years into its data and AI practice, aiming to have 80,000 staff working on AI, after laying off ~19,000 in March 2023
Sam Kessler / CoinDesk:
Uniswap Labs details Uniswap v4, the next version of the decentralized exchange, and asks for feedback; Uniswap v3 launched in 2021 and has processed over $1T
Financial Times:
A look at the global network of subsea internet cables, dominated by companies from France, the US, and Japan, as China circumvents US curbs on laying cables
Alexa Corse / Wall Street Journal:
Internal memo: Twitter CEO Linda Yaccarino tells employees that the platform is “on a mission to become the world's most accurate real-time information source”
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