June 1, 2023, 5:35 AM

Top News

Natasha Singer / New York Times:
Amazon agrees to pay $25M to settle FTC and DOJ charges over the company keeping Alexa voice recordings and geolocation data collected from children for years  —  Regulators said the tech giant kept children's Alexa voice recordings “forever,” violating a children's privacy law.
Amazon agrees to pay $5.8M to settle FTC allegations that Ring gave employees and third-party contractors full access to every customer video until 2017  — Inc. agreed to pay $30.8 million to resolve two cases brought by the Federal Trade Commission Wednesday related to privacy lapses by its smart devices.
Mark Gurman / Bloomberg:
Sources: Apple is testing two new high-end Macs, one with M2 Max and the other with an unannounced M2 Ultra, offering 60 graphics cores and up to 192GB of RAM  —  Apple Inc. is testing a pair of new high-end Macs and their accompanying processors ahead of its Worldwide Developers Conference next week …
Michael McSweeney / The Block:
Crypto bridging protocol Multichain suspended service for multiple chains after being unable to contact its CEO to get server access, during ongoing tech issues  —  - Multichain, the cross-chain protocol, confirmed Wednesday that the team is unable to contact its chief executive amid ongoing technology problems.
Hayden Field / CNBC:
OpenAI researchers say training AI with process supervision, which rewards the thought process rather than the outcome, could help prevent hallucinations  —  - AI hallucinations occur when models like OpenAI's ChatGPT or Google's Bard fabricate information entirely.
Juli Clover / MacRumors:
Reddit client Apollo's developer says Reddit plans to charge $12K for 50M API requests and that he would need to pay $20M per year to keep operating the app  —  Popular Reddit app Apollo might not be able to operate as is in the future due to planned API pricing that Reddit is implementing.
Aisha Malik / TechCrunch:
Instagram details ranking content in Feed, Stories, Reels, and more, and is testing more user controls, including an “Interested” button for recommended posts  —  Instagram announced today that it's testing a new feature that gives users more control over what they see on the social network …
Sources: a planned $3B chip plant in India by ISMC, a consortium that included chipmaker Tower, has stalled due to the company's pending takeover by Intel  —  A planned $3 billion semiconductor facility in India by chip consortium ISMC that counted Israeli chipmaker Tower as a tech partner …
Sarah Perez / TechCrunch:
Apple touts an Analysis Group study saying its App Store ecosystem generated $1.1T in 2022, up 29% YoY; $910B came from the sale of physical goods and services  —  Ahead of Apple's Worldwide Developer Conference next week, the company is offering an update on its app ecosystem with the release …
Evident: at some banks, about 40% of all open job roles are AI-related; JPMorgan advertised 3,651 AI-related roles from February 2023 through April 2023  —  Deutsche Bank AG is using artificial intelligence to scan wealthy client portfolios.  ING Group NV is screening for potential defaulters.
Caroline O'Donovan / Washington Post:
Hundreds of white-collar Amazon workers in Seattle walked off the job, frustrated by job losses, a return-to-office mandate, carbon emissions, and leadership  —  Frustrated by job losses, office policies and rising carbon emissions, white-collar Amazon workers are demanding more from leadership
Andy Greenberg / Wired:
Eclypsium: a firmware flaw in 271 Gigabyte motherboards could let hackers install malware when the PC restarts; Gigabyte plans a fix, but problems could persist  —  Hidden code in hundreds of models of Gigabyte motherboards invisibly and insecurely downloads programs—a feature ripe for abuse, researchers say.
Cynthia Littleton / Variety:
Activision CEO Bobby Kotick says he was humbled and outraged by toxic workplace culture claims and blames “outside forces” for most of Activision's image issues  —  Bobby Kotick has a secret: He was ready to buy Time Warner a few years ago.The CEO of Activision Blizzard drops …

Sponsor Posts
Browse salary data from 3,000 startups for free  —  Click for FREE, immediate access to real-time compensation benchmarking data.  Paid version helps HR automate comp reviews and communicate total compensation to employees.
LLMs can label data as well as humans, but 100x faster  —  Looking to clean, label or enrich your data, but taking too much time?  Just describe your problem to our LLMs and let them do the work for you in minutes.
How to build internal tools and automate workflows (the best way)  —  Many teams invest significant time and money in creating customized solutions.  But is this the most effective path forward?
Web3 Security: Safeguarding Digital Assets in a Decentralized World  —  Discover crucial Web3 security practices in the ever-evolving landscape of decentralization and digital assets.
Techmeme Ride Home:
Wed. 12/06 - Google's OpenAI Competitor Announced!
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:35 AM ET, June 1, 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.

More News

Jordan Novet / CNBC:
Leah Nylen / Bloomberg:

Earlier Picks

Jeff John Roberts / Fortune:
Kevin Roose / New York Times: