Techmeme
June 16, 2023, 9:35 PM

Top News

David Ingram / NBC News:
Steve Huffman praises Elon Musk's aggressive cost-cutting and layoffs at Twitter and says he saw Musk's handling of Twitter as an example for Reddit to follow  —  Steve Huffman said in an interview that Elon Musk's cost-cutting at Twitter was inspiring and that the two have chatted “a handful of times.”
The Verge:
Reddit messages some moderators of the communities participating in the API pricing change protest, looking for defectors “willing to work towards reopening”  —  Some moderators of Reddit communities participating in the protest against API changes today got messages from the company: work to reopen your subreddits or else.
Anne VanderMey / Bloomberg:
Reddit says that 80% of the site's top subreddits are currently open; Reddark estimates that 4K+ subreddits are limiting access, down from almost 9K on June 12  —  Reddit Inc. said that most of the company's communities were operating as normal — four days after a protest that shut …
Sean Hollister / The Verge:
Jay Peters / The Verge:
Sean Lyngaas / CNN:
Oregon and Louisiana warn that the MOVEit hackers may have stolen the SSNs and driver's license numbers of 3.5M Oregonians and 3M+ Louisianians from state DMVs  —  Millions of people in Louisiana and Oregon have had their data compromised in the sprawling cyberattack that has also hit …
Kellen Browning / New York Times:
Félix Lengyel, aka xQc, a Twitch streamer with 12M followers, signs a ~$100M deal with Kick, a streaming service backed by Australian gaming and gambling sites  —  The deal signed by Félix Lengyel, known as xQc, matches traditional athletes' contracts, and is another sign …
Andrew Tarantola / Engadget:
Meta unveils Voicebox, a generative text-to-speech model the company hopes could be the ChatGPT of the spoken word, but won't release an app citing misuse risks  —  But the company won't be sharing the app or its source code for the time being.  —  Today, we are one step closer …
Alex Heath / The Verge:
Venkatesh Gorantla / MySmartPrice:
Alleged official renders of the Samsung Galaxy Z Flip5 show the clamshell-style foldable could have a 3.4" outer display, up from its predecessors' 1.9" screen  —  The newly revealed Samsung Galaxy Z Flip 5 design render shows that the clamshell-style foldable phone is certainly getting a significant upgrade.
Bloomberg:
NY AG's documents: Tether once counted Chinese companies' securities among its reserves; in July 2022, Tether claimed not to be holding Chinese commercial paper  —  Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves backing its USDT stablecoin …
Chris Stokel-Walker / Wired:
Stack Overflow removed gender and race questions from its 2023 user survey, citing privacy concerns, after its 2022 survey found that 92% of its users were men  —  The coding hub's 2022 survey found that 92 percent of its users were men.  This time around it simply dropped the question.
CoinDesk:
France probes Binance over alleged illegal digital asset services and poor money laundering checks; Binance exits the Netherlands after failing to get a license  —  Binance is suspected of illegally providing digital asset services to local customers, and implementing poor money laundering checks …
Benedict Evans:
Apple Vision Pro shows that current AR/VR devices, like Meta's Quests, aren't good enough to break out of the gaming market and need a step change in capability  —  The narrative for VR and AR has been pretty static for years.  We have a dream of AR devices that look like a pair of glasses …
Sheila Dang / Reuters:
Source: Twitter CEO Linda Yaccarino tells investors no major ad holding firms are recommending an ad pause now and highlights a focus on video and partnerships  —  Twitter plans to focus on video, creator and commerce partnerships to revitalize the social media company's business beyond digital advertising …
Manya Saini / Reuters:
BlackRock files a US SEC application to register a spot bitcoin ETF, using Coinbase Custody as its custodian; the SEC has rejected all bitcoin spot ETFs to date  —  BlackRock (BLK.N), the world's biggest asset manager, on Thursday filed for a bitcoin exchange-traded fund (ETF) …
Leo Schwartz / Fortune:
Digital assets platform Bakkt delists Solana, Polygon, and Cardano, taking proactive action until there is US regulatory clarity on offering coins “compliantly”  —  Just over two months after completing a $155 million acquisition for the trading infrastructure provider Apex Crypto …

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More News

Washington Post:
Nikhilesh De / CoinDesk:
Dana Priest / Washington Post:
Financial Times:
Bloomberg:

Earlier Picks

Katharine Gemmell / Bloomberg:
Lora Kolodny / CNBC:
More: Insider and Reuters
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Mia Sato / The Verge:
Jay Peters / The Verge: