Techmeme
May 10, 2023, 1:15 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:
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 …
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.
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 …
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 …
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.
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, which seems to be an exercise in 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 …
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:
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 other crimes  —  PlugwalkJoe, aka Joseph James O'Connor, a UK citizen connected to the 2020 Twitter hack affecting many high-profile accounts …
Scott J Shapiro / The Guardian:
A profile of Dark Avenger, a pseudonymous PC virus writer from Bulgaria who gained notoriety in the 1990s after the country became known 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.
Bloomberg:
How Tokyo-based Rapidus is trying to become a globally competitive chipmaker by 2027, aiming to mass produce 2nm chips two years after leaders TSMC and Samsung  —  Tetsuro Higashi is taking on what seems like an impossible task: Create a globally competitive semiconductor manufacturer in Japan from scratch - and do it in four years.
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.

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Featured Podcasts

Big Technology Podcast:
Anthropic's Mythos Dilemma, Violence Against AI, Tokenmaxxing at Meta
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
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Hard Fork:
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The Upstarts Podcast:
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Tools and Weapons with Brad Smith:
Ryan Roslansky: Turning AI Anxiety into Skills for the Future of Work
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
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More News

Geoffrey A. Fowler / Washington Post:
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Earlier Picks

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Filipe Espósito / 9to5Mac:
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AJ Vicens / CyberScoop: