Techmeme
June 20, 2023, 4:20 AM

Top News

Jane Zhang / Bloomberg:
Alibaba announces Eddie Wu to succeed Daniel Zhang as CEO and names Executive Vice Chairman Joseph Tsai as Chairman; Zhang will continue as Alibaba Cloud CEO  —  Alibaba Group Holding Ltd. is replacing eight-year veteran chief Daniel Zhang at the helm of a Chinese e-commerce leader bleeding market share …
Gabriela Galindo / Wired:
How Apple is trying to gain IP rights over depictions of apples globally, worrying the 111-year-old Fruit Union Suisse, which may need to change its logo  —  Apple, the company, wants rights to the image of apples, the fruit, in Switzerland—one of dozens of countries where it's flexing its legal muscles.
Bloomberg:
Sources: Germany and Intel agree on subsidies worth ~€10B for its chip plant in Magdeburg, up from an initial agreement on €6.8B, as part of a ~€30B project  —  Germany and Intel Corp. sealed an agreement for the US company to receive an enlarged subsidy package worth about €10 billion …
Frank Chaparro / The Block:
Filings: FTX paid $121.8M in legal, consulting, and financial services fees between February 1 and April 30, as some former clients push to reboot the exchange  —  - FTX's bankruptcy estate paid $121.8 million in legal, consulting and financial services fees and expenses between February 1 and April 30 …
Jon Pincus / The Nexus Of Privacy:
Amid ongoing Reddit protests, decentralized link aggregation and discussion forum projects Lemmy and Kbin grow to a total of 70K+ MAUs and 1,000+ instances  —  Tens of thousands of people have signed up for KBin and Lemmy accounts since I first published Don't tell people “it's easy” …
Carly Page / TechCrunch:
The BlackCat ransomware gang threatens to release 80GB of data allegedly stolen from Reddit; the company says BlackCat's claims relate to a February 5 attack  —  Hackers are threatening to release confidential data stolen from Reddit unless the company pays a ransom demand - and reverses its controversial API price hikes.

Sponsor Posts

Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!
F5:
Accelerate AI Adoption at F5's AI Virtual Summit  —  Learn how to architect, secure, and scale AI for production with real-world insights from industry leaders on June 23.  Register now to save your spot.
Zoho:
Zoho RPA named a Leader in the 2026 RPA Technology Value Matrix by Nucleus Research  —  Zoho RPA has been named a Leader in the 2026 RPA Technology Value Matrix, published by Nucleus Research …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Lenny's Podcast:
The hidden pattern behind successful products | Mark Pincus (founder of Zynga)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
SpaceX's IPO Triumph, Anthropic's Fable Fumble, OpenAI's Price War
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.
Access:
A top iPhone app developer reacts to Apple's new Siri
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Hard Fork:
'Hard Fork' Live, Part 1: Satya Nadella and Cindy Cohn
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Upstarts Podcast:
TBC's Alex Ksendzovsky: The Neurosurgeon Using Brain Cells To Build Better AI
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Tools and Weapons with Brad Smith:
AI's Mythos Moment: Rishi Sunak on preparing governments for AI
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 4:20 AM ET, June 20, 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

Tracy Qu / South China Morning Post:
Thomas Germain / Gizmodo:
Tim Hakki / Decrypt:

Earlier Picks

Rebecca Tan / Washington Post:
Nikou Asgari / Financial Times: