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June 28, 2023, 7:41 PM
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Top News

Yogita Khatri / The Block:
Report: FTX's exchange reboot may include a joint venture, a rebrand, and stakes for certain customers; indications of interest in the restart are due this week  —  - FTX has a deadline of this week for interested parties to submit their proposals to potentially help restart the exchange, the WSJ reported.
Colin Wilhelm / The Block:
A US federal judge denies Sam Bankman-Fried's motion to dismiss or sever most of the criminal charges he faces; SBF faces 100+ years in prison if convicted
Jesse Coghlan / Cointelegraph:
FTX sues its former compliance officer, Daniel Friedberg, alleging he was SBF's “fixer” and that he made “hush money” payments to two potential whistleblowers
The Verge:
Sony accidentally spilled confidential PlayStation information and its Call of Duty revenue by redacting a court document with a Sharpie, revealed after a scan  —  Sony highly confidential information about its PlayStation business has just been revealed by mistake.
Romain Dillet / TechCrunch:
Proton launches its E2E encrypted open-source password manager Proton Pass, available for free on iOS, Android, and browsers Chrome, Firefox, Edge, and Brave  —  A couple of months after unveiling Proton Pass, Proton — the company behind end-to-end encrypted email service Proton Mail …
Bloomberg:
An interview with senior Binance executive Yi He, who has been out of the global spotlight and has children with CZ, on regulators, compliance, Okcoin, and more  —  One senior Binance executive has managed to stay out of the global spotlight over the past six years and counting …
Zack Whittaker / TechCrunch:
Phone monitoring app LetMeSpy, used to spy on thousands of Android users, says a hacker stole the messages, call logs, and locations the spyware had intercepted  —  A data breach reveals the spyware is built by a Polish developer  —  A hacker has stolen the messages, call logs …
Emma Roth / The Verge:
DoorDash announces new features for couriers, including “earn by time” for a guaranteed hourly minimum rate, real-time location sharing, and Dash Along the Way  —  DoorDash is making a big change to the way couriers get paid.  In an announcement on Wednesday …
Jack Schickler / CoinDesk:
The EU Commission publishes its digital euro legislative plans, including privacy and financial stability safeguards; some backers question the CBDC's benefits  —  Officials want a digital payment system available to “everyone, everywhere, for free.”  —  BRUSSELS, Belgium …
Ingrid Lunden / TechCrunch:
Carl Pei's Nothing raised $96M led by Highland Europe before the Phone (2)'s launch, taking the company's funding to $250M; sources say 2022 revenue was $200M  —  Smartphone sales are in decline as handset makers grapple with saturated markets and a tough consumer economic climate.
Mark Bergen / Bloomberg:
OpenAI plans to open an office in London, its first office outside of 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.
New York Times:
UK convenience stores are increasingly using facial recognition tech to combat shoplifting, which 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.
Dan Goodin / Ars Technica:
Analysis: the Clop ransomware group has breached 122 organizations and stolen the data of ~15M people to date by exploiting a zero-day flaw in Progress' MOVEit  —  The dramatic fallout continues, with as many as 122 organizations now breached.  —  The dramatic fallout continues …
Andrew Brust / The New Stack:
Databricks announces LakehouseIQ, an LLM interface that lets companies use natural language to search and query their data, new Lakehouse AI tools, and more  —  We review Databricks' announcements at Data and AI Summit, and how they counter yesterday's Snowflake Summit reveals.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:41 PM 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

Rebuild Local News:
The 2026 Local Journalist Index shows a persistent shortage of local journalists; states with fewer local journalists face higher municipal borrowing costs

Lucas Manfredi / The Wrap:
Netflix says it is “not interested” and has no plans to pursue Lionsgate; Lionsgate shares closed up 13.85% on Tuesday before falling ~4% after hours

Mark Sweney / The Guardian:
Analysts: UK social media ban is likely to cause £1.3B in digital ad cuts in 2027, with streaming services poised to benefit as advertisers seek to reach teens

More News

Kwaku Gyasi / Bloomberg:
Chicago-based public cloud infrastructure startup Fly.io, which has data centers in 37 regions globally, raised a $70M Series C led by EQT at a $467M valuation
Alexandra Sternlicht / Fortune:
How Shein's Guangzhou factory influencer tour, likely meant to foster goodwill and improve the company's image before a rumored IPO, backfired spectacularly

Earlier Picks

Bloomberg:
China is racing the US in AI, but demos show Chinese companies have far to go; Preqin: US AI investments were $26.6B in the year to mid-June, vs. China's $4B
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
Kyle Wiggers / TechCrunch:
OpenAI updates ChatGPT for iOS with Browse with Bing for ChatGPT Plus subscribers, answering questions using information beyond ChatGPT's original training data
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
Aisha Malik / TechCrunch:
TikTok launches the TikTok Creative Challenge, which lets US-based creators with 50K+ followers submit video ads for brands and make money based on performance
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
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