Techmeme
March 23, 2023, 12:55 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:
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
Washington Post:
Reuters:
Block drops 10%+ after Hindenburg Research discloses a short position and alleges the company overstated user counts 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 …
CNBC:
Coinbase says it 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:
Bloomberg:
Sources: Apple plans to spend $1B/year to produce movies for large-scale theatrical release, a big increase from years past, seeking to grow awareness of TV+  —  Apple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar …
Giles Turner / Bloomberg:
Sources: Apple considers bidding for the streaming rights to a range of English soccer games, including showing Premier League games in the UK, following Amazon  —  Apple Inc. is considering bidding for the streaming rights to a range of English football games, according to people familiar …
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.
Adi Robertson / The Verge:
The FTC proposes a ban on difficult-to-cancel subscriptions, with new “click to cancel” rules requiring companies to make canceling as simple as subscribing  —  The US Federal Trade Commission is proposing a formal ban on subscriptions that are simple to start but difficult to stop.
Tom Warren / The Verge:
YouTube channel Linus Tech Tips was hacked on Thursday and started posting videos for crypto scams, the latest in a series of crypto scam breaches on YouTube  —  Popular YouTube channel Linus Tech Tips has been hacked this morning, with the channel's 15.3 million subscribers seeing videos …
Meta:
WhatsApp announces an updated Windows app, which 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.
Akash Sriram / Reuters:
Sam Altman says OpenAI has fixed a “significant issue” in ChatGPT after a bug in an open-source library let some users see titles of other users' chat history  —  ChatGPT-owner OpenAI said on Wednesday it had fixed a bug that caused a “significant issue” of a small set of users …

Sponsor Posts

Airtable:
3 bold predictions for the future of Product Management  —  Do you know how to set up your product organization for success as you embrace AI transformation to supercharge your operations?  Learn how to win with Airtable.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Zoho:
ProTips: 5 strategies to enhance your customer engagement with an SMS extension  —  It's crucial for every business to stay connected with customers and leads in every medium.  Maximizing the potential …
Notion:
Get up to 6 months free of Notion with unlimited AI  —  Notion is trusted and loved by thousands of startups as their connected workspace—from building product roadmaps to tracking fundraising.  Build and scale your company with one tool!
Techmeme Ride Home:
Thu. 10/10 - OpenAI Won't Be Profitable Until When?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 12:55 PM ET, March 23, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks