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Techmeme
June 28, 2023, 6:20 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 has just revealed lots of highly confidential information about its PlayStation business 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 …
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 …
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 …
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.
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 …
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.
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

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:20 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

Reuters:
A US federal judge orders the Trump administration to lift its White House ban on CNN, MS NOW, and Politico for 14 days, calling it likely unconstitutional

Wall Street Journal:
Sources: MGM Resorts is weighing a bid to purchase Barry Diller's People Incorporated, after Diller withdrew People's bid to buy MGM; People holds ~27% of MGM

Todd Spangler / Variety:
Paramount says it is raising another $7.5B in debt to pay for its WBD acquisition and pay down other debt, bringing the total debt it intends to raise to $44.4B

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

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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