May 15, 2023, 8:05 AM

Top News

Mark Gurman / Bloomberg:
Developer logs: Apple tests an M3 with 12 CPU cores, 18 GPU cores, and 36GB of RAM; Meta pulls Messenger from Apple Watch and launches WhatsApp on WearOS  —  As Apple prepares to launch its next M2 Macs, the company is already ramping up testing of M3 chips.
Malcolm Harris / Wired:
A profile of Douglas Rushkoff, an internet theorist since the 1990s and a former techno-optimist who all but renounced being a digital revolution spokesperson  —  The former techno-optimist has taken a decisive political left turn.  He says it's the only human option.
How Sea, one of Southeast Asia's largest internet companies that burned billions of dollars for marketshare, made huge cuts to turn its first profit in 14 years  —  Just over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his company …
Christopher Mims / Wall Street Journal:
Research finds that AI assistants may be able to influence users without them knowing, akin to humans swaying one another through collaboration and social norms  —  AI assistants may be able to change our views without our realizing it.  Says one expert: 'What's interesting here is the subtlety.'
Kate King / Wall Street Journal:
Nearly half of online footwear, apparel, and accessories brands tracked by Coresight have expanded to physical stores due to rising digital advertising costs  —  Warby Parker planned to sell glasses online and shake up retailing.  Now it's discovered the value of real stores—900 of them, in fact.
LinkedIn: Daniel McCarthy and Amjad AhmadMastodon:
Tweets: @wsj and @trengriffin
Emily Nicolle / Bloomberg:
A survey of 60 major crypto companies in Q1 on the state of governance and controls finds many operate outside the norm; around half engage an external auditor  —  Before it filed for bankruptcy last November, many of the entities in Sam Bankman-Fried's colossal FTX empire had never held a board meeting.
Randall Chase / Associated Press:
A Delaware judge rules in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging the company overpaid for Netsuite's $9.3B acquisition in 2016  —  A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced …
Associated Press:
The TSA is testing facial recognition tech at 16 US airports, calling the pilot voluntary and accurate, as critics raise bias, privacy, and consent concerns  —  A passenger walks up to an airport security checkpoint, slips an ID card into a slot and looks into a camera atop a small screen.

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