Techmeme
June 23, 2023, 5:50 PM

Top News

Filipe Espósito / 9to5Mac:
Bloomberg:
A mistakenly released FDIC doc lists SVB customers before its collapse: Sequoia with $1B, Beijing-based Kanzhun with $902.9M, Altos Labs with $680.3M, and more  —  When federal regulators stepped in to backstop all of Silicon Valley Bank's deposits, they saved thousands of small tech startups …
Wall Street Journal:
Anand J / Moneycontrol:
Sources: Apple is in talks to launch Apple Card in India, and has met with HDFC and the RBI; a source says Apple is holding Apple Pay discussions with the NPCI  —  This comes in the wake of Apple's decision to stop card payments in India on its App Store and for its iCloud services.
Anna Irrera / Bloomberg:
JPMorgan expands its JPM Coin, launched in 2019 for USD transactions, to euro payments; the bank has used the token to process ~$300B in transactions to date  —  JPMorgan Chase & Co. expanded one of the most high-profile projects to bring blockchain technology to traditional banking …
New York Times:
A profile of Michael Kives, a Hollywood agent turned investor, as FTX's bankruptcy lawyers sue his VC firm K5 Global to recover ~$700M that SBF had invested  —  Michael Kives, a former Hollywood agent, connected FTX's founder to Katy Perry, Orlando Bloom, Bill Clinton and others.
Drew Harwell / Washington Post:
Internal records undercut claims that Twitter censored pro-Trump views before the Capitol riot and show a reluctance to suspend Trump's account until January 8  —  In the internal video call from Jan. 5, 2021, workers were told not to take tougher action against a growing wave of tweets they feared were veiled incitements to violence.
Tom Warren / The Verge:
At the FTC v. Microsoft hearing, Phil Spencer says Microsoft bought ZeniMax for $7.5B to stop Starfield and other Bethesda games becoming PlayStation exclusives  —  Microsoft's Xbox chief has revealed one of the key reasons behind the acquisition of Bethesda parent company ZeniMax: potential Starfield PlayStation exclusivity.
Tom Warren / The Verge:
Rebekah Valentine / IGN:
Chris Vallance / BBC:
Google plans to update Android's Emergency SOS after UK police blame the feature, activated by repeatedly pressing a side button, for a surge in false 999 calls  —  Police forces across the UK have warned that a new feature on some Android phones is plaguing switchboards with inadvertent “silent” 999 calls.
Benj Edwards / Ars Technica:
Midjourney adds a “zoom out” feature that builds out a larger scene around images generated within Midjourney, simulating zooming out with a camera lens  —  Midjourney v5.2 features camera-like zoom control over framing, more realism.  —  On Thursday, Midjourney unveiled version 5.2 …

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More News

Sandali Handagama / CoinDesk:

Earlier Picks

Lee Harris / American Prospect:
Jordan Novet / CNBC:
Anja Karadeglija / National Post:
Anton Shilov / AnandTech:
CoinDesk:
Kevin Purdy / Ars Technica: