Techmeme
May 10, 2023, 1:37 PM

Top News

Google on YouTube:
Livestream of the Google I/O 2023 keynote  —  Tune in to find out how we're furthering our mission to organize the world's information and make it universally accessible and useful.
Abner Li / 9to5Google:
Sarah Perez / TechCrunch:
Abner Li / 9to5Google:
Foo Yun Chee / Reuters:
Sources: EU regulators are expected to approve Microsoft's Activision acquisition next week, most likely on May 15, three weeks after the UK blocked the deal  —  EU antitrust regulators are set to approve Microsoft Corp's (MSFT.O) $69 billion acquisition of Activision (ATVI.O) next week …
Randall Chase / Associated Press:
A US judge dismissed a shareholder lawsuit against Block over its 2021 Tidal acquisition, saying the company was “free to make a terrible business decision”  —  A Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition …
Yogita Khatri / The Block:
Tether reports a $1.5B net profit in Q1, $2.44B in excess reserves, and $81.8B+ in assets as of May 9, including $1.5B+ in bitcoin and $3.3B+ in precious metals  —  - Tether reported $1.5 billion of net profit for the first quarter — more than double its Q4 2022 net profit.
Financial Times:
Uber launches flight bookings on its UK app in partnership with travel booking company Hopper as part of its efforts to become a travel “super app”  —  Ride-booking giant expands offering after rolling out train, coach and Eurostar ticket tool  —  Uber has launched flight bookings …
Andrew Hutchinson / Social Media Today:
Twitter lets users reply directly to any DM with a threaded message and react to messages with a wider range of emojis  —  Twitter has released two new updates for DMs, which have been in the works for a few months, but are now getting a full launch in the app.
Taylor Hatmaker / TechCrunch:
The American Psychological Association issues an advisory on social media use by adolescents, saying social networks are “not inherently beneficial or harmful”  —  One of the most prominent mental health organizations in the U.S. is out with a set guidelines designed to protect children …
Bloomberg:
Sources: Jump Crypto and Jane Street are pulling back from US crypto trading over regulatory uncertainty; Jump is expanding globally while Jane scales back  —  Jane Street Group and Jump Crypto — two of the world's top market-making firms — are pulling back from trading digital assets …
Molly White:
A critique of a16z's State of Crypto 2023 report, an incredibly shameless piece of propaganda with the sole goal of bolstering the VC firm's bottom line  —  Venture capital firm and crypto pusher Andreessen Horowitz wants you to keep buying crypto, and is not above publishing blatant falsehoods to convince you to do so.
Cristiano Lima / Washington Post:
Sam Altman plans to testify to Congress for the first time on May 16 about AI oversight, alongside IBM VP Christina Montgomery and professor Gary Marcus  —  Sam Altman, the OpenAI chief, will appear for the first time as AI scrutiny soars in Washington  —  OpenAI CEO Sam Altman will testify …
Jennifer Pattison Tuohy / The Verge:
Roku expands its smart home lineup with a $99 home monitoring system, a solar panel to power its outdoor camera, and a multicolored LED strip light  —  Roku is expanding its smart home lineup and adding a smart security system, a solar panel to power its outdoor camera, and a multicolored LED strip light to its offerings.
Deborah Acosta / Wall Street Journal:
As Miami prepares to host Bitcoin 2023 on May 18, the city and mayor Francis Suarez, who still receives his salary in bitcoin, have mostly moved on from crypto  —  On the eve of the annual bitcoin conference, the city and its mayor have mostly moved on from crypto
Ashley Capoot / CNBC:
Scott J Shapiro / The Guardian:
A profile of Dark Avenger, a Bulgarian who became the world's most dangerous PC virus writer in the 1990s after the country was described as the “virus factory”  —  Bulgaria in the 1980s became known as the ‘virus factory’, where hundreds of malicious computer programs were unleashed to wreak havoc.
Emma Roth / The Verge:
UK citizen Joseph James O'Connor, aka PlugwalkJoe, pleads guilty for his role in the July 2020 Twitter hack affecting high-profile accounts and for other crimes  —  PlugwalkJoe, aka Joseph James O'Connor, a UK citizen connected to the 2020 Twitter hack affecting many high-profile accounts …

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