Techmeme
June 10, 2022, 12:05 PM

Top News

GOV.UK:
The UK's CMA plans a market investigation into Apple's App Store restrictions on cloud gaming alongside Apple and Google's market power in mobile browsers  —  Apple and Google “hold all the cards” with interventions needed to give innovators and competitors a fair chance to compete in mobile ecosystems
Joshua Brustein / Bloomberg:
An in-depth look at the mechanics behind Axie Infinity and the ramifications of the ~$620M hack on players and the game, as Sky Mavis plots its next steps  —  Over the course of his life, Alejo Lopez de Armentia has played video games for a variety of reasons.
Alex Heath / The Verge:
Source: Meta will distribute the first version of its AR glasses, codenamed Orion, exclusively to developers, helping them build software for future devices  —  It's also canceling a planned smartwatch with two cameras  —  Meta has decided to not sell the first version of its full-fledged AR glasses …
Sylvia Varnham O'Regan / The Information:
Janko Roettgers / Protocol:
Wall Street Journal:
Sources: some US news outlets prepare for shortfalls as Meta weighs ending fees for news; annual fees averaged $20M+ for NYT, $15M+ for WaPo, and $10M+ for WSJ  —  Social-media company pays more than $10 million a year to a handful of news organizations to feature their content on its news tab
Aggi Cantrill / Bloomberg:
After delivery startup Gorillas raised $1B in October, sources say it is drastically cutting costs, reducing staff benefits, and considering closing warehouses  —  After Germany's rapid food delivery startup Gorillas Technologies GmbH closed a $1 billion funding round last October …
Ryan Smith / AnandTech:
AMD updates its Zen architecture roadmap, including Zen 4 improvements in 2022 and Zen 5 in 2024 with a mix of 4nm and 3nm processes and AI and ML optimizations  —  Today is AMD's Financial Analyst Day, the company's semi-annual, analyst-focused gathering.  While the primary purpose …
Ben Goggin / NBC News:
Experts say Amazon's encrypted chat app Wickr is flooded with child sex abuse images and the company is not taking basic safety measures to prevent sharing  —  Court records show that Wickr Me has become part of a toolkit used by people who exploit children.
Sam Shead / CNBC:
Sources: “AI transformer” startups Inflection, Cohere, Adept, and Anthropic, which collectively raised $1B+, recently poached dozens of scientists from Big Tech  —  - Four of the best-funded new AI start-ups — Inflection, Cohere, Adept and Anthropic — have recently poached dozens …
Arjun Kharpal / CNBC:
Alibaba drops as much as 8% after its Ant Group unit said it has no current plans to revive its IPO and a key regulator said it had not evaluated the listing  —  - Alibaba shares dropped 8% on Thursday after its financial affiliate Ant Group said there were currently no plans to revive a public listing.
Amanda Silberling / TechCrunch:
Jack Dorsey and Jay-Z launch The Bitcoin Academy, giving free financial education classes on Bitcoin at the Brooklyn public housing complex where Jay-Z grew up  —  Is billionaire-funded crypto education really what low-income people need?  —  Twitter co-founder and Block CEO Jack Dorsey …

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More News

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Andrew J. Hawkins / The Verge:
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Earlier Picks

Matt Robinson / Bloomberg:
Richard Lawler / The Verge:
Hartley Charlton / MacRumors:
Ryan Broderick / Garbage Day:
Tom Warren / The Verge: