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Techmeme
May 6, 2023, 6:10 AM
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Top News

Chris Strohm / Bloomberg:
Sources: the US DOJ is investigating if Binance was used to let Russians skirt US sanctions, alongside a probe into its alleged use to evade sanctions on Iran  —  The Justice Department is investigating whether Binance Holdings Ltd. was used illegally to let Russians skirt US sanctions …
Matt Binder / Mashable:
An independent researcher's data shows that out of the ~150K Twitter Blue subscribers in November 2022, just ~68,157 were still subscribed on April 30  —  The early birds cancel their subscriptions.  —  Twitter Blue's struggles since its launch nearly six months ago are more severe than previously revealed, new data suggests.
Devin Coldewey / TechCrunch:
Q&A with Vint Cerf, chief internet evangelist at Google and recipient of IEEE's Medal of Honor, on how Google has changed since 2005, the hazards of LLMs, more  —  “That's always an exciting place to be — a place where nobody's ever been before."  —  Vint Cerf has been a near-constant influence …
Lora Kelley / New York Times:
A profile of Roger Lee, who runs Layoffs.fyi that has catalogued ~450,000 tech job cuts and Comprehensive.io that tracks compensation in tech job postings  —  Roger Lee has cataloged hundreds of thousands of tech job cuts on his site Layoffs.fyi.  He still believes the industry will “100 percent” bounce back.
Mengqi Sun / Wall Street Journal:
New York's AG proposes the Crypto Regulation, Protection, Transparency and Oversight Act, or CRPTO, seeking broader enforcement authority over crypto companies  —  Proposed legislation would require crypto exchanges to have independent public audits of financial statements, among other new requirements
Chance Miller / 9to5Mac:
Brydge, an iPad, Mac, and Surface accessory maker, is shutting down; sources: Brydge has neither paid its staff salaries nor fulfilled orders since January 2023  —  Brydge, a once thriving startup making popular keyboard accessories for iPad, Mac, and Microsoft Surface products, is ceasing operations.
Bloomberg:
Source: a leaked April 2023 internal document by Luke Sernau, a senior software engineer at Google, argues that open-source AI will outcompete Google and OpenAI  —  A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge …

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This is a Techmeme archive page. It shows how the site appeared at 6:10 AM ET, May 6, 2023.

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From Mediagazer

Samuel Stolton / Bloomberg:
The EU is reviewing Paramount's WBD takeover under the Foreign Subsidies Regulation, probing involvement of Middle Eastern funds; a decision is due by July 14

Reuters:
Sources: Nick Bilton hired TV production consultant Kelly Funke, to help manage his 60 Minutes transition, and a 24-year-old operations manager, Nick De Lucca

Lucas Manfredi / The Wrap:
Fubo and NBCUniversal reach a deal ending a months-long blackout, with NBCU's Spanish-language networks available Wednesday, English-language networks later

More News

Wall Street Journal:
Ex-staff say TikTok had a list, accessible internally via a dashboard, of users watching LGBTQ content; TikTok says it deleted the dashboard in the US in 2022
Kyle Wiggers / TechCrunch:
Slash, a Gen Z-focused neobank, raised $19M in seed and Series A funding from investors including NEA, Menlo Ventures, Connect Ventures, and Y Combinator

Earlier Picks

Harmeet Singh Walia / Counterpoint Research:
Smartphone shipments declined 14% YoY and 7% QoQ globally to 280.2M units in Q1 2023; Samsung declined 19%, Apple 2%, Xiaomi 22%, Oppo 10%, and Vivo 18%
Ina Fried / Axios:
Tim Cook says Apple sees AI as “huge” but that “it's very important to be “deliberative and thoughtful” as there are “a number of issues that need to be sorted”
Bill Peters / MarketWatch:
Coinbase reports Q1 revenue down 34% YoY to $772.5M, vs. $655M est., net loss down 82% YoY to $78.9M, $145B in trading volume, vs. $147.7B est.; COIN jumps 15%+
Richard Lawler / The Verge:
Google releases a brief teaser video showing off the Pixel Fold, confirming that it will be officially revealed on May 10 during the Google I/O 2023 event
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