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June 3, 2022, 8:40 PM
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| Emma Fletcher / Federal Trade Commission: |
More than 46,000 people have reported losing $1B+ to crypto scams from January 1, 2021 through March 31, 2022, 24% of dollar losses in fraud reported to the FTC — From Super Bowl ads to Bitcoin ATMs, cryptocurrency seems to be everywhere lately. Although it's yet to become a mainstream payment method …
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Web3 is going just great, CyberScoop, BleepingComputer, PCMag, Engadget, Candid.Technology, Reuters, CNET, Vox, Fast Company, Washington Post, Axios, CNBC, Protocol, and CoinDesk
| Kyle Wiggers / TechCrunch: |
Amazon says Dave Clark, CEO of its Worldwide Consumer division, will step down after 23 years with the company; his last day in the office will be July 1, 2022 — Amazon today announced that Dave Clark, CEO of the company's worldwide consumer division, will step down after 23 years in the position.
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About Amazon, CNBC, Engadget, The Information, Wall Street Journal, The Hill, SiliconANGLE, CNN, GeekWire, PYMNTS.com, Variety, and The Verge
| Ashley Carman / Bloomberg: |
Clubhouse eliminated “a handful of roles” as part of a broader restructuring; leaving staff include the heads of news partnerships, community, and international — Clubhouse, the social audio app that became a big hit during the early days of the pandemic, laid off multiple employees this week …
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Protocol. Tweets: @aarthir, @ellenhuet, @ninaberries, @anuatluru, @eringriffith, @s_m_i, and @caseynewton
| Russell Brandom / The Verge: |
The New York State Assembly passes the first right-to-repair bill in the US covering electronics; Governor Kathy Hochul is expected to sign the measure — ‘Repairs should become less expensive and more comprehensive’ because of the new measure, says iFixit
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NY State Senate, VICE, The Register, iFixit News, Ars Technica, CNET, 9to5Mac, Android Authority, Digital Trends, The Mac Observer, IGN, and Techdirt
Tweets: @patriciafahy109, @karlbode, @ifixit, @weldpond, @zachreports, @joeljohnson, @patriciafahy109, @jason_koebler, and @nproctor
| Washington Post: |
A House and Senate bipartisan data privacy bill would let users opt out of targeted ads and sue internet companies that improperly sell their data, and more — The proposal, considered a step forward, still lacks the support of some key members — A bipartisan group of legislators …
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Axios, CyberScoop, Tech Policy Press, Commerce.Senate.gov, Protocol, Politico, and Slashdot
| Gideon Lewis-Kraus / New Yorker: |
A look at the presentiment that social media is bad for society, as some researchers find the fears are overstated and others warn about effects on individuals — There's a general sense that it's bad for society—which may be right. But studies offer surprisingly few easy answers.| Sarah Perez / TechCrunch: |
Sensor Tower: an iOS app needs 156K daily installs to top the US App Store, up from 114K in 2019; an Android app needs 56K to top Google Play, down from 83K — A new analysis indicates it's gotten harder to get an app to the top of the App Store, in terms of downloads, over the past several years.| Melia Russell / Insider: |
Tiger Global-backed email service Superhuman lays off 23 employees, or about 22% of its workforce; Superhuman was most recently valued at $825M in August 2021 — - Email app Superhuman laid off 22% of its workforce on Friday, the CEO said in a tweet. — Superhuman makes a premium email app for power users.| Delia Cai / Vanity Fair: |
Q&A with Pocket VP Matt Koidin on the 50M links people save per month, longform content, the “algotorial” approach to the Pocket Hits newsletter, and more — Over the past decade, Pocket has endured as an unusually pleasant way to consume the internet.| Fadeke Adegbuyi / every.to: |
Q&A with Don Caldwell, EIC of Know Your Meme, a 15-year-old online encyclopedia of memes with 10 full-time editorial staff, on uncovering meme origins and more — Think of any meme. It could be the scribbled image of party goers and one man—off alone to the side …
Tweets: @fadeke_adegbuyi
| CoinDesk: |
The New York State Senate passes a bill to ban crypto mining powered by carbon-based sources for two years; the governor now needs to sign the bill or veto it — The state Assembly had already passed the bill, which would bar new mining operations powered by carbon-based energy sources for two years.
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CNBC, The Verge, Engadget, Ars Technica, Blockworks, TechCrunch, Forbes, Crypto Briefing, Cointelegraph, Metaverse Post, Inside Bitcoins, ZyCrypto, Crypto Adventure, The Block, VICE, Bitcoin News, CryptoSlate, SlashGear, Bitcoin Magazine, Benzinga, SiliconANGLE, Newser, crypto.news, Bloomberg, Crowdfund Insider, Coinspeaker, govtech.com, Finextra, Decrypt, and The Economic Times
| Alex Kantrowitz / Big Technology: |
Dall-E 2 created 3M images since April and OpenAI is adding up to 1,000 users per week, applying a content policy to try to avoid sensitive or biased images — Dall-E can illustrate just about anything using a short text prompt. Should it? — Dall-E's power becomes evident within the first minute of seeing it.
Tweets: @cebsilver, @martinsfp, @jon_gluck, @kantrowitz, and @_lamaahmad
| Jim Hagerty / USA Today: |
In April, Google settled an Illinois lawsuit accusing it of violating the Biometric Information Privacy Act with its Photos face regrouping tool, for $100M — ROCKFORD, Ill. — Illinois residents are eligible to receive part of a $100 million class-action settlement after Google was accused of violating privacy laws in the state.Sponsor Posts
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