| 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 … | 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 — As it moves to shut down third-party apps, the site's self-governing ethos comes back to haunt it — I.| The Verge: |
Q&A with Apollo developer Christian Selig on Reddit's API pricing changes, the company doubling down after criticism, why he won't charge users more, and more — 'Reddit has plugged its ears and refuses to listen to anybody but themselves. And I think there's some very minor concessions … | 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.| 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”.| Ryan Browne / CNBC: |
London-based AI video generation startup Synthesia raised a $90M Series C at a $1B valuation led by Accel; Nvidia, Kleiner Perkins, GV, and others also invested — - Artificial intelligence-based video generation platform Synthesia has raised $90 million from investors, the company told CNBC exclusively.| 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.| 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 … | Biz Carson / Bloomberg: |
In a first, Larry Ellison passes Bill Gates to become the world's fourth-richest person, with a $129.8B net worth; ORCL is up 40%+ in 2023 on the AI boom — The optimism around artificial intelligence boosted both Oracle Corp.'s stock — and founder Larry Ellison's net worth — to record highs on Monday.| 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).| 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” — Linda Yaccarino, who joined company last week, describes her mission to employees| Reuters: |
| 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 — As the companies lead the AI boom, their unconventional arrangement sometimes causes conflict| 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 — The biggest decentralized crypto exchange is opening its development process to the public for the first time as the SEC cracks down on its centralized competitors.| 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 … | Mike Wheatley / SiliconANGLE: |
Meta details I-JEPA, an AI model that more accurately creates imagery by using background info about the world, avoiding errors like hands with extra fingers — Artificial intelligence researchers from Meta Platforms Inc. say they're making progress on the vision of its Chief AI Scientist Yann LeCun … | 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 — Tournament to include celebrities from Formula One series ‘Drive to Survive’ and golf program ‘Full Swing’| 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 — Nearly 1.4mn kilometres of metal-encased fibre criss-crosses the world's oceans, speeding internet traffic seamlessly around the globe.| Washington Post: |
Google proposes a “hub-and-spoke model” for regulating AI, where existing US government agencies share the responsibility, contrasting OpenAI's new agency idea — Happy Tuesday! When it comes to newsletter puns, game recognizes game. Send news tips and dad jokes to: cristiano.lima@washpost.com.| Dell Cameron / Wired: |
A declassified ODNI report from 2022: the US has amassed troves of “sensitive and intimate information” about Americans purchased from commercial data brokers — A newly declassified report from the Office of the Director of National Intelligence reveals the federal government is buying troves of data about Americans.| Avram Piltch / Tom's Hardware: |
Google's Search Generative Experience seems like an “AI plagiarism engine” that cobbles together snippets of text from a variety of sites, often word-for-word — The Search Generative Experience seems more like a text-copying experience. — Search has always been the Internet's most important utility.| 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 — Accenture said on Tuesday it will invest $3 billion over three years into its data and AI practice, doubling the number of employees … | Molly White: |
Unpacking Coinbase's flawed arguments against the SEC, including “securities laws written in the 1930s can't apply to crypto” and “but the SEC let us go public” — Coinbase is trotting out its usual flawed arguments now that it's facing a lawsuit from the SEC, and more pushback is needed.| Sheridan Prasso / Bloomberg: |
Researchers find 10+ items on Temu in the US that were made or sold by companies in Xinjiang, China, flouting a US ban on the region known for forced labor — Products made in China's western province of Xinjiang are being sold to US consumers through the online shopping platform Temu …
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This is a Techmeme archive page. It shows how the site appeared at 3:50 PM ET, June 13, 2023.
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| Gavin Bonshor / AnandTech: |
| Allison Johnson / The Verge: |
| Max Read / New York Times: |
| CNBC: |
| Andrew Cunningham / Ars Technica: |
| Cecilia D'Anastasio / Bloomberg: |