June 1, 2023, 8:35 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 …
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 …
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.
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 …
Jason Schreier / Bloomberg:
After Microsoft paid $7.5B for ZeniMax in 2020, sources detail development issues for Redfall, one of the worst-reviewed games in 2023 and Xbox's latest misfire  —  Over the years, Microsoft Corp.-owned video-game developer Arkane Studios has cultivated a reputation for releasing games …
EJ Dickson / Rolling Stone:
A look at the grotesque world of AI true-crime-victim TikTok, where AI deepfakes, based on images of children who were abused, describe their own ghastly demise  —  TikTok accounts are posting horrifying artificial intelligence-generated clips of murder victims — mostly children — describing their own ghastly demise
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 …
Financial Times:
As ASML reaches a ~€275B market cap, twice that of Intel, a look at the fundamental limits on making ever-smaller chips, which could finally end Moore's Law  —  For decades, ever-tinier semiconductors have allowed huge leaps in computing progress.  Not for much longer, warn experts
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
Elon Musk sent no tweets during his visit to China, the longest hiatus from the platform since June 2022; once his jet left Shanghai, Musk tweeted about SpaceX  —  Elon Musk, a prolific presence on Twitter and owner of the social media platform, didn't send any tweets while he was in China for his first visit since the pandemic.

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