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June 28, 2023, 5:10 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
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 …
Romain Dillet / TechCrunch:
Proton launches its E2E encrypted open-source password manager Proton Pass, available for free on iOS, Android, and as a browser extension  —  A couple of months after unveiling Proton Pass, Proton — the company behind end-to-end encrypted email service Proton Mail — is officially launching its password manager to everyone.
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.
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 …
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.
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.
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 …
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 …
Wall Street Journal:
Sources: the US is considering new AI chip export restrictions to China as soon as July, which could even ban the 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
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 …
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  —  In recent days, Chinese fast fashion giant Shein took a handful of influencers on a tour of its Guangzhou factory.
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 5:10 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

Salon:
Salon, launched in 1995 to cover politics, culture, and more, says it is closing: “business realities of independent digital journalism have changed profoundly”

A.J. Katz / The Wrap:
LIV Golf is shutting down after five years and over $5B in Saudi backing, ending its efforts to build a TV audience on Fox and, before that, The CW

Matthew Keys / TheDesk.net:
Nexstar reports Q3 net income up 285% YoY to $250M and net revenue up 78% YoY to $2.1B, as Q3 political ads brought in $317M; results include Tegna numbers

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

Earlier Picks

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
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
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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