Techmeme
February 13, 2023, 10:30 PM

Top News

Wall Street Journal:
Binance says the NYDFS ordered Paxos to stop issuing its BUSD stablecoin, which has 6.2M holders; Paxos will continue redemptions until at least February 2024  —  Firm will continue to manage redemptions of the product  —  New York regulators directed a crypto company to stop issuing …
More: Paxos, Paxos, Bloomberg, Bloomberg, Kaiko, Cointelegraph, CoinDesk, CoinDesk, CoinDesk, CoinJournal, Reuters, CNBC, Forkast, Unchained, The Block, MarketWatch, Bitcoinist.com, CryptoSlate, Crowdfund Insider, CoinGape, Forbes, Bitcoin News, Inside Bitcoins, CryptoPotato, Ethereum World News, The Verge, Binance, Crypto Briefing, PYMNTS.com, CoinDesk, Tech Startups, The Information, Zero Ex, Gizmodo, The Block, Cryptopolitan, NewsBTC, Coinpedia Fintech News, Cointelegraph, Watcher Guru, crypto.news, Finbold, ExchangeWire.com, Micky, The Block, and Web3 is Going Just Great
Juli Clover / MacRumors:
Wesley Hilliard / AppleInsider:
Twitter delays its new paid API rollout by “a few more days”, claiming there is an “immense amount of enthusiasm for the upcoming changes with Twitter API”  —  Twitter continues confusing shift away from free API  —  Without just hours of advance notice before the deadline …
Emma Roth / The Verge:
Samantha Cole / VICE:
A look at the torrent of deepfake porn harassment targeted at female creators, as a Twitch streamer admits to buying deepfakes of streamers after he was caught  —  After Atrioc was caught buying non-consensual, pornographic deepfakes of fellow Twitch streamers, the abuse against women targeted has been endless.
Aaron Mok / Insider:
Report: TikTok is planning to let creators charge $1 or more for videos and is working on the Creator Fund 2.0, which could pay creators with 100K+ followers  —  - TikTok creators could soon start charging fans to watch their videos, per The Information.  — The company hopes a paywall …
Dmitri Brereton / DKB Blog:
At Microsoft's demo last week, the “new Bing” incorrectly summarized Gap's Q3 2022 earnings and provided wrong info on a pet vacuum and Mexico City nightlife  —  Microsoft knowingly released a broken product for short-term hype  —  Bing AI got some answers completely wrong during their demo.
Ashley Capoot / CNBC:
Twilio plans to cut ~17% of its workforce, or ~1,500 jobs, after laying off ~11% in September 2022 and will form two units to spend less and be more efficient  —  - Twilio on Monday announced plans to cut about 1,500 employees, or around 17% of its workforce, according to a blog post shared on the company's website.
Drew Harwell / Washington Post:
A study finds 11 data brokers selling Americans' mental health information, including on antidepressants, insomnia, and attention issues, likely from app makers  —  Capitalizing on the pandemic explosion in telehealth and therapy apps that collect details of your mental health needs …
Shenghao Bai / Counterpoint Research:
Analysis: the iPhone 14 Pro Max 128GB's blended bill of materials cost is ~$464, up 3.7% on the iPhone 13 Pro Max, with 22%+ accounting for Apple-designed chips  —  - The blended bill of materials (BoM) cost for the iPhone 14 Pro Max with 128GB Nand flash is about $464, a 3.7% increase from that of the iPhone 13 Pro Max.
Ian Hamilton / UploadVR:
Bigscreen unveils Bigscreen Beyond, a $999 PC-powered wired VR headset with two OLED 2560×2560 displays, a 127g visor, and SteamVR Tracking, shipping in Q3 2023  —  Darshan Shankar, the founder of VR's leading Internet-powered platform for watching movies together …
Jamie Crawley / CoinDesk:
Bakkt plans to shut down its consumer crypto app on March 16, two years after debuting Bakkt App with partners including Starbucks, Best Buy, and Choice Hotels  —  Users will be able to manage their assets over the web after March 16.  —  Digital asset platform Bakkt (BKKT) …

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Earlier Picks

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Financial Times:
Max Tani / Semafor:
Kat Tenbarge / NBC News: