Techmeme
March 23, 2023, 3:15 PM

Top News

Cat Zakrzewski / Washington Post:
A live blog of TikTok CEO Shou Zi Chew's testimony before Congress, as he attempts to address national security concerns over ByteDance's ownership of the app  —  TikTok CEO Shou Zi Chew will attempt to address lawmakers' worries that the extraordinarily popular video app represents a dangerous national security threat.
Ryan McMorrow / Financial Times:
Lauren Feiner / CNBC:
TikTok CEO Shou Zi Chew tells Congress that “after Project Texas is done” no China-based ByteDance employee will have access to US TikTok data  —  - TikTok CEO Shou Zi Chew told U.S. lawmakers that China-based employees at its parent company ByteDance may still have access to some U.S. data from the app.
Stu Woo / Wall Street Journal:
A profile of TikTok CEO Shou Zi Chew, a Singaporean army reservist and an ex-Goldman Sachs banker, as he defends TikTok before a skeptical Congress  —  Singapore army reservist and ex-Goldman banker says misconceptions about Chinese-owned app need to be clarified  —  How TikTok Could Become a U.S. Company
OpenAI:
OpenAI rolls out ChatGPT plugins, including two of its own, a web browser and a code interpreter, and open sources the code for a knowledgebase retrieval plugin  —  We've implemented initial support for plugins in ChatGPT.  Plugins are tools designed specifically for language models with safety …
Kyle Wiggers / TechCrunch:
Expedia, Instacart, Kayak, Klarna, OpenTable, Shopify, Slack, Wolfram, Zapier, and others release the first third-party ChatGPT plugins  —  OpenAI's viral AI-powered chatbot, ChatGPT, can now browse the internet — in certain cases.  —  OpenAI today launched plugins for ChatGPT …
Reuters:
Block drops 10%+ after Hindenburg Research discloses a short position and alleges the company overstated user numbers and understated customer acquisition costs  —  Hindenburg Research said on Thursday it held short positions in Block Inc (SQ.N), alleging that the Jack Dorsey-led payments firm overstated …
Bloomberg:
Sources: Apple plans to spend $1B per year to produce movies for release in thousands of theatres, a big increase from years past, seeking to grow TV+ awareness  —  Apple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar …
Adi Robertson / The Verge:
The FTC proposes banning difficult-to-cancel subscriptions via “click to cancel” rules requiring companies to make ending a subscription as simple as signing up  —  The US Federal Trade Commission is proposing a formal ban on subscriptions that are simple to start but difficult to stop.
CoinDesk:
Montenegro's Interior Minister says police detained a person suspected to be Terraform Labs co-founder Do Kwon at Podgorica's airport with falsified documents  —  The announcement was made by the minister of interior Filip Adzic.  —  Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.
CNBC:
Filing: Coinbase received an SEC notice warning the exchange of potential US securities law violations that could lead to enforcement actions; COIN drops 10%+  —  - The SEC issued crypto exchange Coinbase a Wells notice, warning the exchange that it identified potential violations of U.S. securities law.
Nikhilesh De / CoinDesk:
Tom Warren / The Verge:
The YouTube channel Linus Tech Tips was hacked on Thursday and posted videos for crypto scams to its 15.3M subscribers, the latest crypto scam breach on YouTube  —  Popular YouTube channel Linus Tech Tips has been hacked this morning, with the channel's 15.3 million subscribers seeing videos …
Ivan Mehta / TechCrunch:
Snap unveils AR Enterprise Services, offering its AR Lenses and Filters to businesses, and says 250M+ people out of 375M DAUs engage with AR on Snapchat daily  —  Snap users are already quite familiar with the company's expertise in AR thanks to Lenses and Filters.
Meta:
Meta launches an updated WhatsApp app for Windows that loads faster and enables group video calls with up to eight people and audio calls with up to 32 people  —  Today, we're introducing a new WhatsApp app for Windows that loads faster and is built with an interface similar to the mobile version of the app.

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Akash Sriram / Reuters: