Techmeme
June 1, 2023, 4:35 PM

Top News

Meta:
Meta unveils the $500 Quest 3, “the first mainstream headset with high-res color MR”, slimmer and over 2x the GPU performance vs. the Quest 2, coming this fall  —  Meta Quest 3 Launches Later This Year + Lower Prices & Improvements for Quest 2 The countdown is on for …
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Jon Porter / The Verge:
Daryna Antoniuk / The Record:
The FSB claims Apple helped the NSA hack Russian diplomats' iPhones; Kaspersky: unknown malware leveraged zero-click exploits on iPhones running up to iOS 15.7  —  Russia's Federal Security Service (FSB) is accusing U.S. intelligence of hacking “thousands of Apple phones” to spy on Russian diplomats.
Michael Potuck / 9to5Mac:
Survey: 53% of Android device owners switched to iOS due to prior phone problems and 26% for new iPhone features; only 6% moved because of iMessage and FaceTime  —  Following its report that showed Android users pivoting to iPhone at a 5-year high, CIRP is out today with a study that reveals why people are making the switch.
Source: CIRP - Apple ReportMore: BGR, Phandroid, and Gizchina
Bluesky: @dewittclinton.comTweets: @teja2495 and @hardwarezone
Jason Schreier / Bloomberg:
After Microsoft acquired ZeniMax for $7.5B in 2020, sources detail development issues for Redfall, one of 2023's worst-reviewed games and Xbox's latest misfire  —  Over the years, Microsoft Corp.-owned video-game developer Arkane Studios has cultivated a reputation for releasing games …
AnnaMaria Andriotis / Wall Street Journal:
Some Apple Savings Account users have had trouble transferring money out of their accounts; Goldman representatives have given differing responses on what to do  —  Some customers said it has taken weeks to withdraw their money, and that the bank's instructions have differed
Aisha Malik / TechCrunch:
Instagram details how the app ranks Feed content, Stories, Reels, and more, and tests 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 …
Hayden Field / CNBC:
OpenAI researchers say training AI using process supervision, which rewards each step of reasoning rather than the outcome, could help prevent hallucinations  —  - AI hallucinations occur when models like OpenAI's ChatGPT or Google's Bard fabricate information entirely.
Bloomberg:
Tether's USDT circulation surpasses its $83.2B all-time-high, recovering the ~$20B lost after TerraUSD's 2022 collapse, even as crypto trading volume stays low  —  Tether Holdings Ltd.'s stablecoin has recovered all of the roughly $20 billion in market value it lost following the collapse …
Isaac Schorr / Mediaite:
Caroline O'Donovan / Washington Post:
Hundreds of white-collar Amazon staff in Seattle walk off the job, frustrated by job losses, a return-to-office mandate, rising carbon emissions, and leadership  —  Frustrated by job losses, office policies and rising carbon emissions, white-collar Amazon workers are demanding more from leadership
Mark Gurman / Bloomberg:
Sources: Apple is testing two new Macs, one with an M2 Max and the other with an unannounced M2 Ultra, offering 16 high-performance cores and 60 graphics cores  —  Apple Inc. is testing a pair of new high-end Macs and their accompanying processors ahead of its Worldwide Developers Conference next week …
Allison Johnson / The Verge:
Motorola launches two new Razr phones, including the $999 Razr Plus with a 3.6" outer display, a 6.9" inner 165Hz 1080p panel, and a Snapdragon 8+ Gen 1 chipset  —  Moto is adding two new foldables, led by the Razr Plus.  Its 3.6-inch cover screen makes it more than just a nostalgic tribute to your favorite 2000s flip phone.
Krisztian Sandor / CoinDesk:
DeFi lending protocol MakerDAO's community votes to ditch $500M of the Paxos Dollar stablecoin from its reserves, impacting roughly half of the token's supply  —  The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP's total supply.
Reuters:
Sources: a planned $3B semiconductor facility in India by ISMC, a consortium that includes chipmaker Tower, has stalled due to Intel's ongoing Tower acquisition  —  A planned $3 billion semiconductor facility in India by chip consortium ISMC that counted Israeli chipmaker Tower as a tech partner …
Bloomberg:
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  —  Amazon.com 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.
Natasha Singer / New York Times:

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