Techmeme
June 5, 2023, 1:20 PM

Top News

Apple on YouTube:
Live stream of Apple's WWDC 2023 keynote  —  Join the worldwide developer community for WWDC23 on June 5 at 10 a.m. PT. Set a reminder now, and we'll send you an update before showtime.Welcome to the of...
Jacob Kastrenakes / The Verge:
Live blog of WWDC 2023, where an MR headset, a 15" MacBook Air, iOS 17, macOS 14, and more are expected  —  Apple's Worldwide Developers Conference is here, and rumors suggest a brand-new virtual reality headset will get top billing. … It's time to see Apple's plans for virtual reality.
New York Times:
The SEC sues Binance and CEO Changpeng Zhao, accusing the company of mishandling billions in customer funds, lying to regulators and investors, and more  —  The S.E.C. said the world's largest cryptocurrency exchange mixed “billions of dollars” in customer funds and secretly sent …
More: U.S. Securities …, Bloomberg, Wall Street Journal, Binance Blog, US District Court for the District of Columbia, The Block, The Verge, CoinDesk, Metaverse Post, Associated Press, The Information, Blockworks, Engadget, NBC News, Livemint, CNBC, Crypto Daily, Financial Times, Axios, Cointelegraph, Wccftech, Coinpedia Fintech News, Metro, Wealth Management, Watcher Guru, nft now, crypto.news, Bitcoin News, Bitcoinist.com, Cryptonews, CoinJournal, CryptoPotato, Slashdot, CryptoSlate, and CoinGape
Reuters:
Bank records: from 2019 to 2020, Binance executive Guangying Chen operated five Silvergate accounts belonging to Binance's purportedly independent US affiliate  —  A senior Binance executive was the main operator for five bank accounts belonging to the giant cryptocurrency exchange's purportedly …
Bloomberg:
Sources: Binance's Richard Teng is the frontrunner to become CEO if Changpeng Zhao steps down, as US regulatory scrutiny makes succession planning more urgent  —  In mid-May, cryptocurrency exchange Binance got some bad news in a far-flung corner of its sprawling universe.
New York Times:
Internal document: Twitter's US ad revenue from April 1 to the first week of May fell 59% YoY to $88M; sources say that performance is unlikely to improve soon  —  In internal forecasts, the company projected that ad sales would keep declining, handing a tough challenge to its new chief executive.
Lawrence Abrams / BleepingComputer:
Microsoft attributes recent attacks on Progress' MOVEit Transfer tool to the Clop ransomware gang; incident responders: the gang can take weeks to issue demands  —  Microsoft has linked the Clop ransomware gang to recent attacks exploiting a zero-day vulnerability in the MOVEit Transfer platform to steal data from organizations.
Sahar Elhabashi / Spotify:
Spotify cuts ~200 jobs, or 2% of its staff, at its podcast unit, combines Parcast and Gimlet into a renewed Spotify Studios, and reports 100M+ podcast listeners  —  Below is an adaptation of an internal update on Spotify's Podcast Business from Sahar Elhabashi, VP, Head of Podcast Business.
Lawrence Abrams / BleepingComputer:
Atomic Wallet investigates user reports of compromised accounts and tries to block stolen crypto from being sold; a researcher says the hack could exceed $35M+  —  The developers of Atomic Wallet are investigating reports of large-scale theft of cryptocurrency from users' wallets, with over $35 million in crypto reportedly stolen.
Jon Porter / The Verge:
To protest Reddit's API pricing for third-party apps, r/videos, r/reactiongifs, r/earthporn, and other big subreddits plan to go private on June 12 for 48 hours  —  Some of Reddit's biggest communities including r/videos, r/reactiongifs, r/earthporn, and r/lifeprotips are planning to set themselves …
Monica Chin / The Verge:

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Equals:
Stop vibe coding analytics  —  Equals AI turns questions about your business into auditable spreadsheet models and dashboards.  Build once, iterate for years.
Zoho:
Stop re-entering invoices between CRM and accounting systems  —  This is a guest blog from Xapplets (Zeeyes).There's a workflow most growing teams know well.  Sales closes a deal in the CRM.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Training Data:
Factory's Matan Grinberg: The Coming 'Dark Factory' Where Software Builds Itself
Sequoia Capital partners host conversations with leading AI builders and researchers to develop a deeper understanding of the evolving technologies and their implications.
Subscribe to Training Data.
Invest Like the Best:
Matthew Smith — Natural Gas: The Next Bottleneck
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Lenny's Podcast:
Why Netflix is betting on systems thinkers—not specialists—in the AI era | Elizabeth Stone (CPTO)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Big Technology Podcast:
Kimi K3 & AI's Price War, What Happened To Google?, OpenAI's Partner Trouble
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Great Chat:
Never follow your heroes (on X)
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Tools and Weapons with Brad Smith:
Connecting the Unconnected: Doreen Bogdan-Martin
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:20 PM ET, June 5, 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

Madhumita Murgia / Financial Times:

Earlier Picks

Marietje Schaake / Financial Times:
Cristiano Lima / Washington Post:
Will Douglas Heaven / MIT Technology Review: