| Huw Jones / Reuters: |
A UK Treasury Committee crypto report recommends the government regulate trading and investment in unbacked crypto as gambling instead of a financial service — Bitcoin , ether and other cryptocurrencies should be regulated as gambling given the significant risks they pose to consumers … | Wall Street Journal: |
Montana Governor Greg Gianforte signs the country's first bill that bans TikTok in a state, set to go into effect on January 1, 2024 — Ban is slated to take effect next year—if it survives expected litigation — Montana's governor signed the country's first bill that outright bans TikTok … | Mark Gurman / Bloomberg: |
Sources detail Apple's headset ahead of WWDC: a shift from a vision of eyeglasses to ski goggles, Tim Cook's design noninvolvement, selling at cost, and more — Many times throughout its history, Apple Inc. has redefined consumer technology by breathing new life into an existing category … | Suvashree Ghosh / Bloomberg: |
Binance Australia can no longer offer Aussie dollar deposits due to a decision by Cuscal, “our payment processor's partner bank”, and warns of disruptions — The Australian arm of crypto exchange Binance suffered a setback on Thursday after the local platform lost access … | Todd Spangler / Variety: |
YouTube unveils 30-second unskippable ads on top-performing videos on TVs and says 150M+ unique US viewers watched YouTube or YouTube TV on TVs in December 2022 — Google's video giant says it reaches more than 150 million U.S. monthly viewers on TV screens| Michelle Faverio / Pew Research Center: |
Survey: 60% of Americans who used Twitter in the past year have taken a break from the social network; 25% say they are not likely to use Twitter in a year — A majority of Americans who have used Twitter in the past year report taking a break from the platform during that time … | Nikkei Asia: |
Sources: Apple plans to mass produce microLED displays to reduce reliance on Samsung and increase supply control, having spent $1B+ on microLED R&D in ~10 years — iPhone maker makes billion-dollar bet on micro-LED screens — Apple is taking a hands-on approach to production of micro-LED screens … | Tatum Hunter / Washington Post: |
Ovulation tracking app Premom agrees to pay $200K to settle with the FTC and state AGs for allegedly sharing user information with third parties without consent — The app allegedly shared sensitive user information with China-based companies known for privacy problems| Financial Times: |
Chipmakers TSMC, Samsung, Intel, Micron, Applied Materials, IBM, and Rapidus announce plans to increase manufacturing and deepen tech partnerships in Japan — Seven of the world's largest semiconductor makers have set out plans to increase manufacturing and deepen tech partnerships in Japan … | New York Times: |
Meta's unusual move to open source LLaMA stands out from its rivals' approach, driven by the belief that sharing its work will help spread its influence in AI — The tech giant has publicly released its latest A.I. technology so people can build their own chatbots. Rivals like Google say that approach can be dangerous.| Laura Cole / Wired: |
An investigation finds that hundreds of freelancers hired as customer service staff catfish users into paying for subscriptions on niche dating and hookup sites — Hired as customer service reps, these freelancers were instead tasked with luring in the lonely and lovestruck through a network of dating and hookup sites.| CoinDesk: |
Grayscale says the US SEC warned that the Filecoin token meets the definition of a security and asked Grayscale to withdraw its Filecoin Trust application — Grayscale announced last month that the SEC suggested FIL might be a security. — to withdraw its Form 10 that sought … | Manish Singh / TechCrunch: |
Amazon plans to invest $12.7B into its AWS infrastructure in India by 2030, on top of a previous $3.7B, and says its spending will support 131.7K full-time jobs — Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday … | Alex Weprin / The Hollywood Reporter: |
Netflix says its ad tier has nearly 5M MAUs globally six months after launch and makes up 25%+ of signups in countries with the option; the median age is 34 — In its inaugural upfront advertising event, executives touted the the streaming service's growing ad tier, and unveiled new sponsorship options.| Mark Harris / TechCrunch: |
An investigation finds ~$15M in donations to OpenAI when the company was a nonprofit are definitively traceable to Elon Musk, below his claims of $50M and $100M — Years of tax filings give the most complete picture yet of OpenAI's early finances — It's no secret that Elon Musk … | The Information: |
Sources: Snowflake is in advanced talks to acquire Neeva, possibly for AI tools to help companies search internal data; Neeva also shopped itself to Databricks — Database software provider Snowflake has been in advanced talks to acquire Neeva, a search startup founded by former top Google … | The Record: |
Q&A with the FBI's Bryan Smith on how the agency generated 300+ decryption keys from Hive's servers and gave them to victims, avoiding ~$130M in ransom payments — While there was excitement when they actually got that access, there was no time to kind of enjoy that moment … | Laura Cooper / Wall Street Journal: |
Sources: private equity firms Francisco Partners and TPG plan a $5B+ bid to acquire observability software company New Relic; a deal may be reached in weeks — Buyout firms Francisco Partners, TPG team up in $5 billion-plus bid — Private-equity firms Francisco Partners and TPG … | Washington Post: |
A survey of 70 cybersecurity experts: 64% favor reauthorization of FISA's Section 702, set to expire at the end of 2023, with some changes to address abuse — Welcome to The Cybersecurity 202! It's good to be back from Denver. There, a 6-year-old repeatedly defeated me and/or incapacitated … | Jane Zhang / Bloomberg: |
Alibaba reports Q4 revenue up 2% YoY to ~$30.3B, a ~$3.2B net income, up from a ~$2.9B net loss in Q4 2022, and plans to spin off its cloud unit and IPO others — Alibaba Group Holding Ltd. will explore initial public offerings for its logistics and grocery arms while hiving off … | Madhumita Murgia / Financial Times: |
AI pioneer Yoshua Bengio, who won the 2018 Turing Award alongside Geoffrey Hinton and Yann LeCun, says governments need to act quickly to “protect the public” — Computer science professor becomes latest expert to voice concerns over rapid rollout of large language models| Diana Li / Bloomberg: |
Grammarly announces Grammarly Business, which uses generative AI to summarize key points in email threads, compose replies, and more, rolling out in June 2023 — Grammarly Inc., a software company known for its writing assistant, is trying to expand its business to the office by harnessing artificial intelligence.
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This is a Techmeme archive page. It shows how the site appeared at 10:25 AM ET, May 18, 2023.
The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.
| Jaime Brooks / The Seat of Loss: |
| Colin Wilhelm / The Block: |
| Jess Weatherbed / The Verge: |
| Dietrich Knauth / Reuters: |
| Kyle Bradshaw / 9to5Google: |
| Yogita Khatri / The Block: |
| Stephanie Bodoni / Bloomberg: |
| Ryan Weeks / The Block: |