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May 19, 2023, 4:40 PM
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memeorandum
WeSmirchTop News
| Lia Haberman / ICYMI: |
Meta briefed some creators on Instagram's decentralized text-based app that may launch in June 2023 with a Twitter-like design, Mastodon compatibility, and more — Meta's hosting secret meetings with select creators to share details — [a sneak peek at Instagram's new text-based app]
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The Verge, Bloomberg, TechCrunch, Gizmodo, 9to5Mac, Engadget, Business Post, Reuters, Android Central, WeRSM, BGR, BigTechWire, WinBuzzer, iPhone in Canada Blog, PetaPixel, and Pixel Envy
Mastodon:
@rodhilton@mastodon.social, @noracodes@tenforward.social, @trochee@dair-community.social, and @tchambers@indieweb.social
Tweets:
@liahaberman, @liahaberman, @gregbensinger, @liahaberman, @lamag, @mattnavarra, @sarahfrier, @mattmday, @smacula, @liahaberman, @mathewi, @danprimack, @sarahfrier, @liahaberman, @michaelsayman, @marvelle, @jcpunongbayan, @michaelguimarin, @kevincollier, @alex__ha12, @goofrider, @lionvestgroup, @martinsfp, and @mattnavarra
| Jiyoung Sohn / Wall Street Journal: |
Sources: Samsung suspends an internal review to replace Google with Bing as the default search engine on its mobile devices, citing market perception concerns — Samsung Electronics suspends internal review that contemplated changing its smartphones' default search engine from Google to Microsoft's Bing
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ZDNet, Android Police, 9to5Google, Ars Technica, Reuters, Windows Central, Android Central, The Information, Pocket-lint, Techaeris, SlashGear, iPhone in Canada Blog, SamMobile, AppleInsider, Neowin, Thurrott, Phandroid, PCMag, WinBuzzer, Wccftech, Techlusive, Android Authority, and Barron's Online
| Wall Street Journal: |
Sources: Apple restricts internal use of ChatGPT, GitHub Copilot, and other external AI tools due to concerns over potential leaks of confidential data — The iPhone maker is concerned workers could release confidential data as it develops its own similar technology
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TechCrunch, Reuters, Ars Technica, The Register, Fortune, The Verge, Insider, 9to5Mac, Forbes, SiliconANGLE, Computerworld, CIO Dive, ITPro, Cryptopolitan, ZDNet, Gizmodo, BGR, Tom's Hardware, Inside Bitcoins, MobileSyrup, Digital Trends, iMore, New York Post, MacRumors, TechCrunch, Newser, Tech.co, Mashable, Coinspeaker, PCMag, WinBuzzer, Laptop Mag, MacDailyNews, Cult of Mac, Tom's Guide, Metaverse Post, TechRadar, Cointelegraph, Engadget, PhoneArena, Wccftech, Neowin, The Messenger, Barron's Online, AppleInsider, The Information, and Techlusive
LinkedIn:
Rehan Farooq and Thomas Clavel
Tweets:
@markgurman, @bhwags, @ourielohayon, @allnick, and @sundeep
| Chance Miller / 9to5Mac: |
Apple shares its first App Store Transparency Report, listing app rejections, government requests, and more, as part of a settlement in a 2021 developer lawsuit — Earlier this week, Apple shared an in-depth look at how the App Store helped prevent fraud and protect developers and customers alike.
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Apple, AppleInsider, The Verge, MacRumors, and iPhone in Canada Blog
| Financial Times: |
Sources: top shareholder SoftBank demanded compensation from Revolut after UK regulators told the startup to simplify its ownership to obtain a banking license — Minister to meet payment group's bosses amid fears UK's biggest tech group will leave the country
More:
Telegraph, Benzinga, The Block, Blockworks, Crypto Daily, Crowdfund Insider, Coinspeaker, AltFi, and Finextra
LinkedIn:
Alan Vaksman and Maarten Ectors
Tweets:
@bondhack and @alexh_johnson
| Mike Masnick / Techdirt: |
A look at SCOTUS' Gonzalez v. Google and Twitter v. Taamneh rulings and why Justice Thomas' explanation for Section 230's existence bodes well for the internet — Our long national wait for how the Supreme Court would rule regarding Section 230 is over, and the answer is... we need to keep waiting.| Jon Fingas / Engadget: |
Hyundai agrees to settle with ~9M US Hyundai and Kia owners for $200M, after hundreds of car thefts inspired by the viral “Kia Challenge” on TikTok in mid-2022 — Most of the money from the settlement will go toward compensating theft victims. — Hyundai is putting …
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Ars Technica, Reuters, The Verge, Associated Press, kiamedia.com, NPR, Mashable, MobileSyrup, BGR, Quartz, and The Hill
| Cory Weinberg / The Information: |
Source: Instacart generated ~$740M in 2022 ad revenue, up 30% YoY; nearly 30% of the company's 2022 revenue came from its ads unit, which launched in 2019 — Instacart has become an advertising powerhouse. — The grocery-delivery firm's ad revenue totaled about $740 million last year …
More:
Search Engine Land. LinkedIn:
Alexis Ohanian Sr. Tweets:
@tanayj, @amir, @coryweinberg, @patio11, and @teddypowday
| Byron Kaye / Reuters: |
The Australian Securities Exchange no longer plans to try to rebuild its software using blockchain, after “pausing” seven years of development in November 2022 — Australia's stock market operator said it will no longer attempt to rebuild its software platform with blockchain-based technology …
More:
Decrypt, Cointelegraph, Inside Bitcoins, CryptoGlobe, Bitcoinist.com, and Cryptonews. Tweets:
@paleofuture
| Financial Times: |
Sources: days after Linda Yaccarino's appointment, media agency GroupM tells its clients that Twitter is no longer “high risk”, a designation from November 2022 — WPP-owned GroupM removed designation of platform after appointment of Linda Yaccarino
More:
Axios, The Verge, The Information, and Reuters
Tweets:
@ivanthek, @titterdaily, @pt, @1liners, @mikeelgan, @jason_kint, @goldengateblond, and @carlquintanilla
| Wall Street Journal: |
Sources: Apollo Global Management and Fortress Investment Group are each investing ~$50M in competing groups that aim to restart Celsius under new management — Investors that buy and turn around downtrodden companies have largely shunned crypto — Two Wall Street heavyweights are locked …
More:
Inside Bitcoins, Cryptonews, 24/7 Wall St., and Ethereum World News
| Ezra Marcus / Grub Street: |
Restaurant chefs are increasingly designing food that plays well on video for influencers on TikTok, Instagram Reels, and YouTube that market to young diners — The most important social-media food genre of the past decade is photos of avocado toast, bright and colorful and clean.
More:
Insider and Semrush
LinkedIn:
Kriti Gupta, Morgan Raum, and Taylor Lorenz
| Ingrid Lunden / TechCrunch: |
Restaurant365, which sells restaurant management software, raised $135M led by KKR and L Catterton at a $1B+ valuation, bringing its total funding to $288M — The price of food continues to go up and up, but surprisingly that hasn't (yet?) played out as pressure on the wider restaurant industry.| New York Times: |
In a letter to Satya Nadella, Twitter accuses Microsoft of violating an agreement over the use of the social network's data and declining to pay for that usage — In a letter to Microsoft's chief executive, Satya Nadella, Twitter said the tech giant had violated a data agreement.
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The Verge, Ars Technica, CNBC, PCMag, Seattle Business Journal, Gizmodo, Insider, OnMSFT.com, Silicon Republic, Thurrott, Wall Street Journal, San Francisco Business Journal, Cryptopolitan, WinBuzzer, Windows Central, CNN, Coinspeaker, TechSpot, Engadget, WRAL TechWire, Reuters, Agence France-Presse, Bloomberg, SlashGear, and Neowin. Tweets:
@umbisam
| New York Times: |
Five TikTok creators sue to overturn Montana's law that is set to ban the app on January 1, 2024, arguing the law violates their First Amendment rights and more — A spokeswoman for the state attorney general said that his office had “expected a legal challenge” and was “fully prepared to defend the law.”
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CNN, Reuters, Wall Street Journal, Fortune, Reuters, SC Media, Engadget, AppleInsider, Ars Technica, Associated Press, NBC News, The Verge, Techdirt, MacDailyNews, Axios, Neowin, CNN, Wired, Washington Post, Quartz, PCMag, 9to5Mac, The Guardian, Reason, Newser, TIME, Tech Xplore, Digital Trends, The Guardian, Bloomberg, Politico, Forbes, and GCN
Tweets:
@b_fung and @evan_greer
| Harry McCracken / Fast Company: |
A look at Apple's Personal Voice, an accessibility feature that lets ALS patients digitize their voices on an iPhone, iPad, or Mac, set to arrive later in 2023 — Among the many challenges people living with amyotrophic lateral sclerosis (ALS) face is its impact on their speech.
More:
Tech News Outlet and 9to5Mac
LinkedIn:
Eric Schlakman. Tweets:
@harrymccracken, @pjgreen, @wholemarsblog, @steven_aquino, @creative_rants, and @steven_aquino. Thanks:@technologizer
| David C. Banks / Chalkbeat New York: |
New York City Public Schools lifts its ban on ChatGPT and other generative AI, and plans to support its educators and students learning and exploring the tech — After a cautious start, our approach to AI technology is evolving. — As Chancellor of the nation's largest school system …
More:
Insider, Wired, Fox News, Gizmodo, MobileSyrup, CryptoGlobe, Silicon Republic, The Hill, and Forbes
LinkedIn:
Hadi Partovi, Josh Reynolds, and Vriti Saraf
Tweets:
@dintersmith, @stevesi, @hadip, @marklevinenyc, and @nycschools
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Zoho:
Zoho RPA named a Leader in the 2026 RPA Technology Value Matrix by Nucleus Research — Zoho RPA has been named a Leader in the 2026 RPA Technology Value Matrix, published by Nucleus Research …
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| Suvashree Ghosh / Bloomberg: |
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