Techmeme
February 13, 2023, 8:00 AM

Top News

Wall Street Journal:
Binance says the NYDFS ordered Paxos to stop issuing more of its Binance USD stablecoin, which has 6.2M holders; Paxos will continue redemptions  —  Firm will continue to manage redemptions of the product  —  New York regulators directed a crypto company to stop issuing …
Wall Street Journal:
Sources: the SEC told Paxos the agency plans to sue the crypto firm, alleging the Paxos-issued and listed Binance USD stablecoin is an unregistered security  —  The agency has been intensifying its enforcement of major crypto players  —  The Securities and Exchange Commission …
Mark Gurman / Bloomberg:
Inside Apple's push to build new financial services, which have suffered from engineering and technical setbacks, leading to slow progress and missed deadlines  —  Apple's slate of new financial services — including “buy now, pay later” offerings, savings accounts and an iPhone subscription program — have hit delays.
Tiffany Hsu / New York Times:
How a slowing digital ad market, Apple's ATT changes, tech companies' internal turmoil, weak content moderation, and more are contributing to a junk ad epidemic  —  Scrolling past ads has rarely been enjoyable.  But in recent months, people say the experience seems so much worse.
Jonathan Vanian / CNBC:
Kat Tenbarge / NBC News:
Sex educators, adult stars, and sex workers complain about Instagram, saying Meta's moderation has gotten more punitive and less predictable since SESTA-FOSTA  —  Cherie DeVille lives in perpetual fear of losing her 3.7 million Instagram followers.  —  DeVille is a well-known porn star who also has an OnlyFans account.
Max Tani / Semafor:
A look back at Spotify betting hundreds of millions of dollars on podcasts, which CFO Paul Vogel says were a “big drag on our business in 2022”  —  By 2021, Spotify had paid to sign some of the biggest names in podcasting, and it was ready to start squeezing its competitors.
Emma Roth / The Verge:
Opera is testing a new ChatGPT-powered “shorten” feature in its browser's sidebar that generates bulleted summaries of the webpage or article being viewed  —  The feature, called “shorten,” is part of the company's broader plans to integrate AI tools into its browser, similar to what Microsoft's doing with Edge.
Wall Street Journal:
IDC: ByteDance's Pico more than tripled its share of the global VR market YoY to ~15% by Q3 2022 while Meta's share fell from 90% to ~75% in the same period  —  Pico, owned by ByteDance, has increased shipments of VR headsets as it attempts to compete with Meta's Quest 2  —  How TikTok Could Become a U.S. Company

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Featured Podcasts

Channels with Peter Kafka:
AI Can Make Software Now. That Changes Everything, with Paul Ford
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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The Social Radars:
Ron Conway, Founder, SV Angel: Silicon Valley Bank Crisis
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
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Invest Like the Best:
Paul Tudor Jones - Lessons From 50 Years in Markets
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Cheeky Pint:
What comes after smartphones, with Snap CEO Evan Spiegel
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
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Lenny's Podcast:
Snapchat CEO: Why distribution has become the most important moat | Evan Spiegel
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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More News

Steve Nadis / Quanta Magazine:
Jennifer Elias / CNBC:

Earlier Picks

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