Techmeme
July 7, 2023, 12:50 PM

Top News

Mark Gurman / Bloomberg:
Sources: Apple plans an appointment-only retail launch of the Vision Pro in the US in early 2024, starting with stores in NYC, LA, and other major cities  —  Apple Inc. is planning a retail launch of its Vision Pro headset with appointments and in-store promotion in select US markets early next year …
Takashi Mochizuki / Bloomberg:
Sega co-COO Shuji Utsumi says the company is withholding its biggest games from third-party blockchain gaming projects and is shelving its own blockchain games  —  Sega Corp., the gaming studio once regarded among the staunchest advocates of blockchain gaming, is pulling back from an arena devastated …
Max Tani / Semafor:
Twitter threatens to sue Meta over Threads, saying Meta “engaged in systematic, willful, and unlawful misappropriation of Twitter's trade secrets” and other IP  —  Twitter is threatening legal action against Meta over its new text-based “Twitter killer” platform …
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Jonathan Vanian / CNBC:
More: Wired, TechCrunch, BetaNews, Washington Post, Forbes, Silicon Valley Business …, The i Paper, Guinness World Records, Bloomberg, Neowin, Dexerto, PCMag, Cryptopolitan, TweakTown, The Guardian, GSMArena.com, The Guardian, NBC 7 San Diego, Coinpedia Fintech News, Pocket-lint, Coinmonks, Memeburn, Mashable, Laptop Mag, SlashGear, TheGamer, Livemint, New York Times, Business Post, BizTech News, Reuters, Associated Press, The Information, TechCrunch, Chennai Print, Wall Street Journal, Supercharged, 9to5Mac, The Verge, and Daring Fireball
Taylor Hatmaker / TechCrunch:
Manish Singh / TechCrunch:
Shaurya Malwa / CoinDesk:
Crypto bridging protocol Multichain confirms a $130M exploit affecting user-supplied tokens and recommends “all users suspend the use of Multichain services”  —  “It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain," developers said early Friday.
New York Times:
Sources: the FBI searched Kraken co-founder Jesse Powell's home in March 2023, as part of US prosecutors' probe into claims he hacked a nonprofit he founded  —  Federal agents were investigating Jesse Powell, the founder of the crypto exchange Kraken, over claims that he hacked and cyber-stalked a nonprofit arts group.
Nathan Crooks / The Block:
Report: Binance General Counsel Han Ng, Chief Strategy Officer Patrick Hillmann, and compliance SVP Steven Christie quit over CZ's response to the DOJ's probe  —  - Top executives at Binance resigned this week over CEO Changpeng Zhao's handling of regulatory investigations into the company, Fortune reported, citing sources.
Sarah Wynn / The Block:
Gemini sues DCG and its founder Barry Silbert, accusing Barry Silbert of being the architect and mastermind of the DCG and Genesis fraud against creditors  —  - Crypto exchange Gemini sued Digital Currency Group and its founder on Friday, accusing Barry Silbert of being …
New York Times:
Uber, DoorDash, and Grubhub sue NYC, seeking to block the city's new minimum pay standard that increases the hourly wage for gig workers to ~$18 and $20 by 2025  —  Uber, DoorDash and Grubhub argued that the city used poor data to calculate how much food delivery workers should earn and that the change would hurt consumers.

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Earlier Picks

Kara Carlson / Austin American-Statesman:
Aisha Malik / TechCrunch:
Kyle Wiggers / TechCrunch:
Foo Yun Chee / Reuters: