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April 25, 2023, 11:25 AM
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Top News

André Beganski / Decrypt:
Coinbase asks a US federal court to force the SEC to respond to a petition Coinbase filed in July 2022, demanding clearer crypto regulations  —  The cryptocurrency exchange filed the petition along with a long list of questions last July. … Coinbase Chief Legal Officer Paul Grewal wrote …
Jordan Pearson / VICE:
Elon Musk seems to have revealed a burner Twitter account, @ErmnMusk, created in November 2022 and featuring bizarre tweets like “Do you like Japanese girls?”  —  Musk tweeted a screenshot on Monday evening which appeared to show him signed into a second account.
Matt Binder / Mashable:
Elon Musk posts a screenshot showing 24.7K Twitter subscribers, or ~0.018% of his 136M+ followers, paying for tweets, Spaces, and more, earning him ~$100K/month  —  Musk is making around $100,000 from Twitter users subscribing to his paywalled content.  —  After this weekend's Twitter Blue drama …
Dan Milmo / The Guardian:
The UK announces legislation to tackle the “excessive dominance” of Big Tech by empowering the CMA's Digital Markets Unit, expected to become law in 2024  —  Global companies like Google, Apple and Amazon could have to pay penalties of up to 10% of their global turnover as government gives competition watchdog more power
Anne Steele / Wall Street Journal:
Spotify reports Q1 revenue up 14% YoY to €3B, ad revenue up 17% YoY to €329M, MAUs up 22% YoY to 515M, Premium Subscribers up 15% YoY to 210M, and a €225M loss  —  Audio streaming giant posted lower-than-expected revenue gains as ad spending cooled Spotify Technology SA reported …
Bloomberg:
South Korea indicts Terraform Labs co-founder Daniel Shin and nine others on multiple charges and freezes ~$184.7M in assets from them so far  —  South Korea indicted Terraform Labs co-founder Daniel Shin along with nine others on multiple charges including violations of capital markets law.
Abner Li / 9to5Google:
Google updates Google Authenticator for Android and iOS with a new icon and Google Account synchronization, letting users back up their 2FA codes to the cloud  —  Google is finally addressing a big gap of its 2FA (two-factor authentication) code app by adding sync capabilities …
Foo Yun Chee / Reuters:
Thierry Breton says EU Digital Services Act content rules will apply to Apple, Meta, Google, TikTok, Twitter, Wikipedia, YouTube, and others from August 2023  —  Alibaba's (9988.HK) AliExpress, Amazon's (AMZN.O) Marketplace, Apple's App Store and 16 other tech companies will be subject …
Annachiara Biondi / Financial Times:
On TikTok, guides to buying “dupes” of pricey luxury items are gaining a following and sparking a debate over knock-offs; #dupes has 2.1B views and #Reps 1.9B  —  On TikTok, guides to buying ‘dupes’ of pricey luxury items are gaining a following  —  In 2012, a classic Chanel flap bag could be yours for $4,400.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:25 AM ET, April 25, 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.

From Mediagazer

CNN:
CNN employees and viewers have serious concerns about whether Ellison will uphold CNN's editorial independence amid severe political pressure

Jeremy Barr / The Guardian:
Memo: another CBS News producer leaves, after 46 years, and says, “We've been told to aim our reporting at a particular part of the political spectrum”

Chris Gardner / The Hollywood Reporter:
Equalpride, parent company of LGBTQ+ outlets like Out and The Advocate, cuts staff, including the EICs of Pride.com and The Advocate

More News

Timothy B Lee / Understanding AI:
AI will have a significant impact on the economy, but as with the internet, this impact will be concentrated in information-focused industries and occupations
Max Tani / Semafor:
With Facebook's pivot away from news and Twitter's decay, media outlets return to digital media's foundational concepts of the early 2000s like homepage traffic
Xerox Newsroom:
Xerox announces the donation of the Palo Alto Research Center, which it founded in 1970 and established as an independent company in 2002, to SRI International

Earlier Picks

James Hercher / AdExchanger:
On April 23, a Meta ad system glitch caused some campaigns to overspend by more than double their daily cost cap; 10+ agencies say Meta gave next to no feedback
Christian Vasquez / CyberScoop:
A group of operational technology cybersecurity vendors launches ETHOS, an open-source portal for sharing early warnings about critical infrastructure threats
Tim Keary / VentureBeat:
Google announces Google Cloud Security AI Workbench, powered by the Sec-PaLM LLM, to rival tools like Microsoft's GPT-4-based Security Copilot
Malathi Nayak / Bloomberg:
A US appeals court affirms a lower court's 2021 ruling largely rejecting claims by Epic that Apple's App Store policy banning third-party app stores is illegal
Javier Espinoza / Financial Times:
Sources: to avoid a formal antitrust investigation by EU regulators, Microsoft agrees to stop bundling Teams with Office, after a complaint from Slack to the EU
Sarah Perez / TechCrunch:
Snapchat sees a spike in 1-star reviews in the US App Store as users pan My AI, its GPT-powered chatbot feature that launched to all users globally on April 19
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