February 13, 2023, 8:45 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:
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.
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.
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.
Benj Edwards / Ars Technica:
A Stanford student used a prompt injection attack to reveal Bing Chat's codename Sydney and its initial prompt that governs how the service interacts with users  —  By asking “Sydney” to ignore previous instructions, it reveals its original directives.  —  On Tuesday, Microsoft revealed a …

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This is a Techmeme archive page. It shows how the site appeared at 8:45 AM ET, February 13, 2023.

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Earlier Picks

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