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 …

Sponsor Posts

Google:
Try Gemini 3 Pro  —  Google's newest and most intelligent AI model that helps you bring any idea to life
Shopify:
Shopify's new AI commerce stack  —  Their VP of Product digs into just-launched products to help entrepreneurs and developers build with the latest AI and tech.
Zoho:
Enhancements to Zoho Writer's automation flow designer: New PDF operations, password protection, and more  —  Once we rolled out the automation flow designer in Zoho Writer's merge templates …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Big Technology Podcast:
2025 In Review, 2026 Predictions — With Reed Albergotti
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Channels with Peter Kafka:
Podcast Pioneer PJ Vogt's Second Act: Less Budget, More Control
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
BG2 Pod:
AI Enterprise - Databricks & Glean
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
Subscribe to BG2 Pod.
Great Chat:
The stories we told ourselves in 2025
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Grit:
How Brands Stay Visible When AI Decides | Profound CEO James Cadwallader
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Tools and Weapons with Brad Smith:
Ted Sarandos: Netflix and how tech changed storytelling
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 9:35 PM ET, June 16, 2023.

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.

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
Bluesky: @romitmehta.comMastodon: @Big_Worker@ioc.exchangeTweets: @jeremiahlee, @drewwash, and @arawnsleyForums: r/news
Mia Sato / The Verge:
Jay Peters / The Verge: