Techmeme
July 1, 2023, 11:10 AM

Top News

Matt Binder / Mashable:
Jay Peters / The Verge:
Major third-party Reddit apps Apollo, Sync, and BaconReader shut down, as Reddit prepares to enforce its new API rate limits “shortly”  —  After a month of outrage, protests, and unrest from the community, Reddit has finally flipped the switch to shut down some third-party apps.
Hayden Field / CNBC:
Apple becomes the first publicly traded company to close with a $3T market cap; the company first hit a $3T market cap during intraday trading in January 2022  —  - Apple's market cap topped $3 trillion on Friday, passing the $190.73 share price required to hit the milestone, according to CNBC's most recent share count.
Ari Levy / CNBC:
Christopher Mims / Wall Street Journal:
Generative AI can make experienced programmers more productive, potentially eliminating tasks done by junior developers as companies use the tech to save money  —  Artificial-intelligence software is eating the software industry, as companies turn to generative AI tools to save money on programmers.
AnnaMaria Andriotis / Wall Street Journal:
Bloomberg:
Fidelity, Invesco, VanEck, and WisdomTree refile for a spot bitcoin ETF with Coinbase as market surveillance provider, to answer the US SEC's objections  —  In a flurry of Friday afternoon activity, Fidelity Investments, Invesco, VanEck and WisdomTree filed a fresh set of applications …
Emma Roth / The Verge:
The FTC proposes penalizing companies for shady review practices, including fining companies buying fake reviews up to $50K for each time a customer sees one  —  If you, too, are so very tired of not knowing which reviews to trust on the internet, we may eventually get some peace of mind.
NBC News:
The FBI says it formed an online database in May to prevent swatting by facilitating coordination between police departments and law enforcement agencies  —  Advances in technology allow callers to mask their voices, phone numbers or IP addresses (also called “spoofing") or make their false 911 calls sound more credible.
Christian Davies / Financial Times:
YouTube removes the channels of three North Korean influencers posting about their daily life, after South Korea labelled them as “psychological warfare” tools  —  Seoul says young influencers promoting Harry Potter and water parks are ‘psychological’ propaganda
More: NK News and Reuters
Wilfred Chan / Fast Company:
TSA plans to expand its facial recognition program to ~430 US airports, says its algorithms are 97% effective “across demographics, including dark skin tones”  —  The Transportation Security Administration (TSA) is preparing to expand its controversial facial recognition program …

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More News

Tom Warren / The Verge:
Jess Weatherbed / The Verge:
More: TechCrunch, The Independent, ZDNet, BleepingComputer, Washington Post, The Indian Express, Forbes, Insider, Livemint, Android Authority, Android Central, Android Police, WRAL TechWire, 9to5Mac, Mashable, Neowin, Engadget, and Nysh's niche

Earlier Picks

Reuters:
Daryna Antoniuk / The Record:
Nitish Pahwa / Slate:
Sachin Ravikumar / Reuters:
Sergiu Gatlan / BleepingComputer: