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June 29, 2023, 5:40 PM
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Top News

Alex Konrad / Forbes:
Inflection AI, a startup led by DeepMind co-founder Mustafa Suleyman that released its Pi chatbot in May 2023, raised $1.3B, a source says at a $4B valuation  —  Backed by Microsoft, Nvidia and billionaires Reid Hoffman, Bill Gates and Eric Schmidt, the startup led by ex-DeepMind leader Mustafa Suleyman …
Kent Walker / Google:
Google tells Canada's government it will remove Canadian news links from Search, News, and Discover and close Google News Showcase when Bill C-18 takes effect  —  President of Global Affairs, Google & Alphabet … The Government of Canada has enacted a new law called Bill C-18 …
Hannah Murphy / Financial Times:
Sources: Linda Yaccarino plans to add full-screen, sound-on video ads to Twitter's short-video feed and is wooing celebrities in the hopes of selling more ads  —  New CEO hits the ground running with plans for new ads offering and tells staff to get ready for ‘hand-to-hand combat’
Kotaku:
Niantic lays off 230 employees, closes its Los Angeles studio, and moves away from in-house game development, saying its expenses grew faster than its revenue  —  Pokémon Go will remain one of Niantic's top priorities moving forward  —  Niantic is shuttering its Los Angeles studio …
Frederic Lardinois / TechCrunch:
Microsoft adds AI-powered shopping tools, including GPT-generated buying guides in the US, to its Bing search engine and the Bing AI chatbot in Edge's sidebar  —  Microsoft today announced a slew of new AI-powered shopping tools for its new Bing search engine and the Bing AI chatbot in the Edge sidebar.
Bloomberg:
Documents and sources: in the coming weeks, the FTC plans to file a far-reaching antitrust lawsuit against Amazon's marketplace, after months of honing its case  —  Lina Khan's Federal Trade Commission has already filed three cases against Amazon.com Inc. Now she's gearing up for the Big One.
Jess Weatherbed / The Verge:
Meta publishes a deep dive into how AI recommends Facebook and Instagram content, including 22 “system cards” covering AI use in Feed, Stories, Reels, and more  —  Meta has published a deep dive into the company's social media algorithms in a bid to demystify how content is recommended for Instagram and Facebook users.
Patrick McGee / Financial Times:
Advertisers demand significant refunds from YouTube after an Adalytics report found millions of ads served via YouTube's TrueView system are hidden from users  —  Study shows millions of ads are hidden away in violation of Google-owned group's policies  —  Advertising industry figures …
Julia Love / Bloomberg:
Police in San Francisco and other cities are obtaining warrants for Waymo and Cruise driverless car camera footage to help solve murders and other crimes  —  In December 2021, San Francisco police were working to solve the murder of an Uber driver.  As detectives reviewed local surveillance footage …
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Bloomberg:
Filing: Fidelity refiles for a spot bitcoin ETF with the US SEC, after similar applications from BlackRock, Invesco, WisdomTree, Valkyrie, Bitwise, and others  —  Fidelity Investments is the latest financial services heavyweight to throw its name into the race to offer the first US exchange-traded fund investing in Bitcoin.
Sergiu Gatlan / BleepingComputer:
YouTube is running a test globally that limits ad block users to three videos, giving them the option to turn off ad blockers or subscribe to YouTube Premium  —  YouTube is currently running what it describes as a “small experiment globally,” warning users to toggle off their ad blockers …
Matt Burgess / Wired:
Activists and researchers file a GDPR complaint against Pornhub in Italy, claiming the company is “illegally” handling users' data; the process could take years  —  Complaints filed in the European Union claim the porn site fails to follow basic data-collection policies under GDPR.
Krisztian Sandor / CoinDesk:
Binance says its euro banking partner Paysafe will stop supporting the exchange on September 26; Binance recently retreated from the UK, Netherlands, and Cyprus  —  The exchange recently announced retreats from the U.K., Netherlands and Cyprus.  —  Binance's euros banking partner …
Joshua Wolens / PC Gamer:
Reddit user sliced_lime, most likely Mojang's Mikael Hedberg, says Mojang no longer plans to post changelogs to r/Minecraft due to Reddit's API pricing changes  —  The Minecraft subreddit won't be a source for official Mojang communications going forward.  —  If you want official updates …
Nikkei Asia:
Sources: TSMC and its suppliers plan to send several hundred more workers from Taiwan to Arizona to speed up building its US plant, which is behind schedule  —  World's largest contract chipmaker faces delays in Arizona project as market slows  —  Construction of TSMC's chip plant in Arizona …
Brandy Betz / CoinDesk:
Vienna-based One Trading, formerly called Bitpanda Pro, raised a €30M Series A led by Valar Ventures, as the digital asset exchange separates from Bitpanda  —  The crypto exchange has split from Bitpanda and now operates as One Trading.  —  Austria-based One Trading …
Richard Priday / Tom's Guide:
Review of £749 Asus Zenfone 10: compact with a 5.9" display, good performance and battery life, but cameras are limited and only two years of software updates  —  Everything you need in a premium Android phone, in a surprisingly small frame  —  Tom's Guide Verdict … Why you can trust Tom's Guide?
Rachel Metz / Bloomberg:
NYC-based Runway AI, which lets customers generate videos from text prompts, raised $141M from Google, Nvidia, and others, taking its total funding to ~$237M  —  Runway AI Inc., whose artificial intelligence software can create a short video from just a few typed words …
Ina Fried / Axios:
ADL survey of 2,139 US people: 33% of adults and 51% of teens aged 13 to 17 reported being harassed online in 2023, up from 23% and 36%, respectively, in 2022  —  More than half of Americans say they have experienced hate or harassment online, according to a new survey from the Anti-Defamation League …
Kellen Browning / New York Times:
Satya Nadella testifies he would love to end “exclusives on consoles”; Bobby Kotick says no CoD on PlayStation would cause “a revolt” and “reputational damage”  —  In federal court, Satya Nadella and Bobby Kotick opposed an attempt by the F.T.C …
Washington Post:
Meta's Oversight Board calls for Meta to suspend Cambodian PM Hun Sen on Facebook and Instagram, the first time the Board has asked Meta to ban a head of state  —  MANILA — The social media giant Meta's Oversight Board called Thursday for the immediate suspension of Cambodian Prime Minister …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:40 PM ET, June 29, 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

Tom McArthur / BBC:
RSF publishes its World Press Freedom Index and places Norway, Denmark, and Sweden in the top three, the US down 10 spots at 55, and Eritrea in last place

Sara Fischer / Axios:
A look at news publishers' conflicting approaches toward AI companies, and how the lack of a data marketplace makes it hard for buyers and sellers to set rates

Todd Spangler / Variety:
Sources: the expectation at Paramount Global is that neither of the two offers in play, Skydance-RedBird and Sony Pictures-Apollo, will come to fruition

More News

Ernie Smith / VICE:
A look at The NABU Network, a retro computer community started in December 2022 to preserve historical examples of NABU PC hardware, software, and documentation

Earlier Picks

Priya Anand / Bloomberg:
Typeface, which helps companies train generative AI for creating content, raised $100M led by Salesforce at a $1B valuation, taking its total funding to $165M
Stephen Nellis / Reuters:
Larry Ellison says Oracle will spend “billions” on Nvidia GPUs and “three times” that on Ampere and AMD CPUs in 2023, as the company expands its cloud services
Gerrit De Vynck / Washington Post:
A California law firm launches a class-action lawsuit against OpenAI, claiming the company violated millions of internet users' rights by scraping their data
Kim Zetter / Zero Day:
SolarWinds confirms the US SEC sent Wells notices to its CISO and CFO, a rare move, signaling they may face legal action over Russia's 2020 hack of the company
Ian King / Bloomberg:
Micron reports Q3 revenue down 57% YoY to $3.75B, vs. $3.69B est., and forecasts a Q4 above est., saying “the memory industry has passed its trough in revenue”
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