May 23, 2023, 11:35 AM

Top News

Frank X. Shaw / The Official Microsoft Blog:
Microsoft plans to add Copilot to Dynamics 365, Power Platform, and more, roll out Bing to Windows 11 taskbar and Skype, announces Bing plugins, and more  —  You only need two simple letters to accurately convey the major shift in the technology space this year: A and I. Beyond those letters …
Chance Miller / 9to5Mac:
Apple announces a “multiyear, multibillion-dollar” deal with Broadcom to develop and manufacture 5G and wireless components, including FBAR filters, in the US  —  Apple has announced a major new partnership with Broadcom, one of its long-time supplier partners.
Yuvraj Malik / Reuters:
Shutterstock plans to acquire Giphy from Meta for $53M in cash, after the UK CMA blocked Meta's acquisition in 2022; Meta can still access Giphy content  —  Stock photos repository Shutterstock Inc (SSTK.N) said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc (META.O) for $53 million in cash.
Kyle Wiggers / TechCrunch:
Anthropic, a generative AI startup co-founded by OpenAI veterans, raised a $450M Series C led by Spark Capital, with Google, Salesforce, and Zoom participating  —  Anthropic, the prominent generative AI startup co-founded by OpenAI veterans, has raised $450 million in a Series C funding round led by Spark Capital.
New York Times:
US Surgeon General Dr. Vivek Murthy releases a 19-page report arguing social media can have a “profound risk of harm” for kids and teens and calls for action  —  Dr. Vivek H. Murthy urged immediate action from policymakers, tech companies and parents to safeguard against potential harms.
Sources: in 2020 and 2021, Binance commingled customer funds with revenue; a source says the sums ran into billions of dollars in Silvergate-held accounts  —  The world's largest cryptocurrency exchange, Binance, commingled customer funds with company revenue in 2020 and 2021 …
Leaked responses from 20 countries to an EU proposal show the majority favor some form of scanning encrypted messages, with Spain wanting an EU-wide E2EE ban  —  In response to an EU proposal to scan private messages for illegal material, the country's officials said it is “imperative that we have access to the data.”
Chris Welch / The Verge:
Warner Bros. Discovery launches Max, offering substantially more 4K content than HBO Max via its $19.99 per month Ultimate plan, above the $15.99 ad-free plan  —  When Max goes live on May 23rd, the new Warner Bros. Discovery streaming service will offer substantially more 4K entertainment than HBO Max ever did.
Jess Weatherbed / The Verge:
Adobe launches Generative Fill for Photoshop, one of the first Creative Cloud apps to use its generative AI Firefly tool, in beta, rolling out fully in H2 2023  —  / Generative Fill will arrive in Photoshop in ‘the second half of 2023.’  —  Adobe Photoshop is getting a new generative AI tool …
Huw Jones / Reuters:
Securities watchdog IOSCO proposes the first global crypto regulations, covering conflicts of interest, custody, and more, aiming to finalize them by year-end  —  International securities watchdog IOSCO on Tuesday proposed the first global approach to regulating cryptoasset markets …
Sundar Pichai / Financial Times:
Building AI responsibly matters more than competition, one company cannot fulfill AI's potential alone, and global cooperation, especially US-EU, will be key  —  Fulfilling the technology's potential is not something that one company can do alone  —  The writer is CEO of Google and Alphabet
Umar Shakir / The Verge:
Amazon announces the 11-inch Fire Max 11, offering a sleeker design, slim bezels, MediaTek SoC, support for a new keyboard with trackpad and a stylus, from $230  —  For years, Amazon's Fire tablet lineup has consisted of smaller seven-inch, medium eight-inch, and larger 10-inch screen options …
New York Times:
US prosecutors have gathered over 6M pages of documents ahead of Sam Bankman-Fried's trial, an unusually large amount that underscores his legal difficulties  —  Prosecutors investigating Sam Bankman-Fried, the cryptocurrency exchange's founder, have accumulated more than six million pages of documents and other records.
Andrew J. Hawkins / The Verge:
Bobby Allyn / NPR:
TikTok sues Montana over its new law intending to ban the app, citing the First Amendment, the state's lack of authority on national security issues, and more  —  TikTok has filed a federal lawsuit against Montana after the state passed a law last week intended to ban the app from being downloaded within its borders.
Devin Coldewey / TechCrunch:
OpenAI CEO Sam Altman, President Greg Brockman, and Chief Scientist Ilya Sutskever say the world will likely need a regulatory body for superintelligence  —  AI is developing rapidly enough and the dangers it may pose are clear enough that OpenAI's leadership believes that the world needs …
Hong Kong outlines crypto trading rules for bitcoin, ether, and other large coins, letting retail investors trade them on licensed exchanges starting on June 1  —  Hong Kong said retail investors can trade crypto under its new rulebook for the sector, stepping up a drive to develop …
Jesse Hamilton / CoinDesk:
SEC-backed FINRA approved two crypto-related companies, including broker-dealer Prometheum Capital, which defined tokens as securities to comply with SEC rules  —  As the industry fights with the U.S. regulator over “impossible” demands, Prometheum Capital and others win approvals to deal in crypto securities.
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