Techmeme
May 12, 2023, 10:20 PM

Top News

Lillian Rizzo / CNBC:
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Washington Post:
A profile of Linda Yaccarino, who has vast experience in ad partnerships, praised Elon Musk publicly, and told colleagues that people get hung up on his tweets  —  Twitter has struggled to generate revenue since Musk took over as CEO, as advertisers have fretted over his sweeping rollbacks of content moderation.
New York Times:
A former ByteDance executive in the US sues the company for wrongful termination, saying ByteDance stole its rivals' content and gave the CCP “supreme access”  —  The former executive sued ByteDance, which owns TikTok, for wrongful termination and accused the company of lifting content …
Tracy Wang / CoinDesk:
Binance announces its exit from Canada, saying the country's “new guidance related to stablecoins and investor limits” makes the market “no longer tenable”  —  The world's largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.
Reuters:
Toyota says the vehicle data of 2.15M users in Japan, or almost all of its cloud service customers, has been public since November 2013, due to a human error  —  Toyota Motor Corp (7203.T) said on Friday the vehicle data of 2.15 million users in Japan, or almost the entire customer base …
Bloomberg:
Oppo closes its chip design unit Zeku due to global economic uncertainty; Zeku developed the MariSilicon X image-processing chip used in Oppo's flagship devices  —  Oppo, China's biggest domestic smartphone maker, is closing its chip design business as the global smartphone market extends a prolonged decline.
Ben Schoon / 9to5Google:
Google Bard is now available in 180 countries but not in the EU or Canada; Google says the chatbot will be made available “consistent with local regulations”  —  Yesterday at Google I/O 2023, it was announced that Google Bard would be undergoing a massive expansion, bringing the AI chatbot experiment to 180 countries.
Kirsten Korosec / TechCrunch:
Autonomous delivery startup Nuro will lay off 30% of its workforce, or ~340 people, as part of a restructuring; Nuro laid off 20% of its staff in November 2022  —  Autonomous delivery robot startup Nuro will lay off 30%, or about 340 employees, across the company as part of a restructuring meant to extend its capital runway.
More: Engadget
Rosie Perper / CoinDesk:
NYC-based Tessera, the collective NFT ownership and governance service that launched as Fractional with $20M from Paradigm and others, plans to shut down  —  Co-founder Andy Chorlian tweeted that the decision was made after “carefully analyzing possible market scenarios, our company structure and our financial situation.”
Sarah Scire / Nieman Lab:
A look at The Athletic's live audio rooms, a Twitter Spaces-like feature in the outlet's app for beat reporters to have postgame conversations with subscribers  —  The Athletic's first live room took place in September 2021.  By January 2022, they'd done 100.  Today, they're closing in on 1,000.

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