Techmeme
March 8, 2023, 10:00 PM

Top News

Christiana Loureiro / The Block:
Silvergate Capital plans to wind down operations and voluntarily liquidate Silvergate Bank, including “full repayment of all deposits”  —  - Silvergate Capital Corporation said it will wind down operations and voluntarily liquidate Silvergate Bank in accordance with applicable regulatory processes.
David Pierce / The Verge:
Spotify redesigns its app's core homescreen with album and playlist covers above and a TikTok-like vertical scroll of playlists, video podcasts, and more  —  Spotify is redesigning the core homescreen of its app, trying to make it easier for users to find new stuff to listen to — and watch.
Abner Li / 9to5Google:
Google adds its VPN service to all Google One plans in 22 countries, starting at $1.99 per month, and dark web monitoring for stolen personal info to Google One  —  After adding Magic Eraser last month, Google One is significantly expanding the availability of its VPN and introducing dark web monitoring for stolen information.
Mark Gurman / Bloomberg:
Sources: Apple re-shuffles management of its international businesses to focus more on India, which will become its own sales region at Apple for the first time  —  Apple Inc. is reshuffling management of its international businesses to put a bigger focus on India, according to people …
Ian Allison / CoinDesk:
Source: JPMorgan is ending its relationship with Gemini; Gemini and Coinbase, JPMorgan's customers since 2020, say their relationship with the bank is intact  —  Coinbase said its banking relationship with JPMorgan remains intact.  —  Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
Politico:
TikTok announces Project Clover, its plan to charm European regulators, including keeping more users' data on servers in Europe and allowing a security audit  —  BRUSSELS — TikTok has launched its European counteroffensive to assuage politicians' fears over Chinese surveillance.
Bloomberg:
A look at Google scrambling to add generative AI to its products, reminding some alumni of the mandate to infuse Google+ into every key service starting in 2011  —  Artificial intelligence was supposed to be Google's thing.  The company has cultivated a reputation for making long-term bets …
Dell Cameron / Wired:
The FBI acknowledges for the first time it bought US location data, director Christopher Wray says for a national security pilot project that's no longer active  —  Rather than obtaining a warrant, the bureau purchased sensitive data—a controversial practice that privacy advocates say is deeply problematic.
Aaron Tilley / Wall Street Journal:
Humane, founded by two former Apple executives, raised a $100M Series C and partners with OpenAI and Microsoft; patents suggest plans to build a wearable device  —  Humane to launch its first product this spring, with patents suggesting it may be a wearable device
Thomas Germain / Gizmodo:
DuckDuckGo launches DuckAssist in beta, an OpenAI- and Anthropic-powered tool that generates answers using Wikipedia, Encyclopedia Britannica, and other sources  —  The new DuckAssist tool will source answers from Wikipedia for quick, conversational responses to some questions.
Sergiu Gatlan / BleepingComputer:
The FBI is probing a data breach of DC Health Link servers impacting thousands, including US House members and staff; some data is already up for sale online  —  The FBI is investigating a data breach affecting U.S. House of Representatives members and staff after their account …
Barbara Ortutay / Associated Press:
Elon Musk apologizes after mocking laid-off, disabled Twitter employee Haraldur Thorleifsson, who joined in January 2021 after Twitter acquired his startup Ueno  —  If you're not told you are fired, are you really fired?  At Twitter, probably.  And then, sometimes, you get your job back — if you want it.
James Hunt / The Block:
Coinbase unveils a “Wallet-as-a-Service” product, offering APIs to help companies create customizable onchain wallets with simple user onboarding in their apps  —  - Coinbase has announced a product called Wallet-as-a-Service (WaaS), designed to let companies build web3 experiences that have simple wallet onboarding.
New York Times:
Tech giants' cuts heavily impacted staff working on big bets and moonshots, like Alphabet's X and Amazon's Alexa and drones; Meta's Reality Labs is an exception  —  Big tech companies have long been willing to fund efforts with no obvious payoff.  But those groups have been hit hard in recent layoffs.
Alfred Ng / Politico:
Ring turned over cam footage of inside a user's home and business after a judge's warrant gave police access to investigate a neighbor, raising privacy concerns  —  Police were investigating his neighbor.  A judge gave officers access to all his security-camera footage, including inside his home.
Mitchell Clark / The Verge:
YouTube plans to ease its restrictions on swearing in videos after finding that its November 2022 rules “resulted in a stricter approach than we intended”  —  YouTube will ease its restrictions on swearing in videos after an update it rolled out in November sparked backlash from several creators …

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Earlier Picks

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Abner Li / 9to5Google: