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June 28, 2023, 11:05 AM
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Top News

Bloomberg:
Sources: FTX abruptly halted the sale of its $500M stake in AI startup Anthropic; FTX's bankers had reportedly been shopping its Anthropic stake in early June  —  Bankrupt cryptocurrency exchange FTX has abruptly halted the sale of one of its most sought-after assets: a stake in artificial intelligence startup Anthropic.
Jesse Coghlan / Cointelegraph:
FTX sues former compliance officer Daniel Friedberg, alleging he was Sam Bankman-Fried's “fixer” who made “hush money” payments to two potential whistleblowers  —  The lawsuit claims the former compliance officer paid whistleblowers to stop them from exposing the “true fraudulent nature” of the exchange.
Wall Street Journal:
Sources: the US is considering new AI chip export restrictions to China as soon as July, which could even prevent sales of Nvidia's A800 chip without a license  —  Restrictions come amid concerns that China could use AI chips from Nvidia and others for weapon development and hacking
Patience Haggin / Wall Street Journal:
Adalytics: ~80% of Google's video ad placements on third-party sites violated the company's promised standards between 2020 and 2023; Google disputes the claims  —  About 80% of Google's video-ad placements on third-party sites violated promised standards, new research shows; Google disputes claims
New York Times:
UK convenience stores are increasingly using facial recognition to combat shoplifting, something critics say is a disproportionate solution for minor crimes  —  British merchants are increasingly using the technology to combat shoplifting, raising questions about its spread as artificial intelligence rapidly improves it.
Alexandra Sternlicht / Fortune:
How Shein's influencer tour of its Guangzhou factory, aiming to foster goodwill and improve the company's image before a rumored IPO, spectacularly backfired  —  In recent days, Chinese fast fashion giant Shein took a handful of influencers on a tour of its Guangzhou factory.
David Heaney / UploadVR:
Report: Google canceled its “Iris” AR glasses project earlier in 2023 to focus on creating AR software platforms to license to headset manufacturers  —  Google reportedly killed its glasses hardware project.  —  Business Insider's Hugh Langley cites “three people familiar with the matter” …
Kwaku Gyasi / Bloomberg:
Public cloud infrastructure startup Fly.io, which operates data centers in 37 regions globally, raised a $110M Series C led by EQT at a $467M valuation  —  Fly.io, a tech startup whose public cloud infrastructure enables developers to deploy applications, has raised $70 million in a funding round …
More: The Fly Blog
Jack Schickler / CoinDesk:
The European Commission publishes its legislative plans to underpin a digital euro, including safeguards for privacy and financial stability  —  Officials want a digital payment system available to “everyone, everywhere, for free.”  —  BRUSSELS, Belgium - The European Commission published …
Kyle Wiggers / TechCrunch:
OpenAI's ChatGPT iOS app adds Bing for ChatGPT Plus subscribers, drawing on information that extends beyond ChatGPT's original training data to answer questions  —  ChatGPT on mobile can now surf the web.  But only via Bing.  —  Today, OpenAI announced that subscribers to ChatGPT Plus …
Bloomberg:
A look at Anonymous Sudan, a self-described hacktivist group that researchers tied to Russia and that has targeted Microsoft, Sweden, Israel, the US, and others  —  A hacking group responsible for a series of outages at Microsoft Corp. earlier this month had spent the previous months attacking targets …
Bloomberg:
Y Combinator received a record 24K applications for its latest cohort and accepted less than 1%, of which ~35% are AI-focused and 50% use AI in their business  —  More than one-third of the famed startup accelerator Y Combinator's latest batch of companies are focused specifically on artificial intelligence.
Mark Bergen / Bloomberg:
OpenAI plans to open an office in London, its first office outside the US, due to “world-class talent”; Sam Altman had floated Poland and France  —  ChatGPT creator OpenAI Inc. has chosen London as the home of its first corporate office outside the US, according to a company statement issued Wednesday.
More: OpenAI
Foo Yun Chee / Reuters:
EU countries and lawmakers reach an agreement on the Data Act, establishing rules on how Big Tech and other companies use European consumer and corporate data  —  EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech and other companies use European consumer and corporate data …

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This is a Techmeme archive page. It shows how the site appeared at 11:05 AM ET, June 28, 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.

From Mediagazer

Wall Street Journal:
Sources: ABC could lose ~$50M in licensing costs to WBD and an estimated $35M in advertising revenue after abruptly pulling the new season of The Bachelorette

Chris Geidner / Law Dork:
A federal judge slows Voice of America return-to-work order and eliminates the March 23 deadline, now ordering 70 people due back each week

Erik Wemple / New York Times:
A district court judge rules in favor of the NYT in its suit challenging rules that limited press access to the Pentagon, citing the First Amendment

More News

Miranda S. Spivack / New York Times:
Experts say there is a growing need for data centers in the US, where Statista says there were 2,701 in 2022, but finding the land and energy may be a challenge
Sapna Maheshwari / New York Times:
TikTok admits to funding the TikTok creators' lawsuit in Montana that is challenging the state's ban of the app, but says the company is not paying the creators

Earlier Picks

Ashley Carman / Bloomberg:
Internal memo: SiriusXM plans to shut down its Stitcher podcast app on August 29 and move subscribers to its flagship SXM app, where podcasts will include ads
Tom Warren / The Verge:
FTC v. Microsoft: an internal Microsoft presentation from June 2022 discussed building on Windows 365 “to enable full Windows ... streamed from the cloud”
Ivan Mehta / TechCrunch:
Meta launches new parental controls and other safety features for Messenger and Instagram in the US, the UK, and Canada, including letting parents view contacts
Monica Chin / The Verge:
The Mac Pro with M2 Ultra, which lacks support for external GPUs and is capped to 192GB of RAM, is a tough sell for pros, given the cheaper M2 Ultra Mac Studio
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