June 6, 2023, 1:50 PM

Top News

Austin Weinstein / Bloomberg:
The SEC sues Coinbase, alleging the exchange operated as an unregistered broker since at least 2019 and broke the rules by offering “staking”; COIN drops 15%+  —  The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging the crypto firm for years broke its rules.
More: USDC SDNY, U.S. Securities …, CNBC, Reuters, The Block, Financial Times, CoinDesk, The Verge, Finbold, CoinDesk, Wall Street Journal, The Block,, TechCrunch, PCMag, Forbes, The Block, The Block, Finextra, The Block, TechCrunch, Silicon Republic, New York Times, DL News, VICE, Wealth Management, Cointelegraph, ZyCrypto, The Block, Fortune,, The Information, WRAL TechWire, PC Gamer, Chamber of Progress, CoinGape,, Rolling Stone, Ethereum World News, Reuters, Tech Startups, Bitcoin News, Newser, CryptoGlobe, Coinspeaker, and nft now
Matthew Panzarino / TechCrunch:
Hands-on with Apple Vision Pro, which seems to be a genuine leapfrog in capability and execution of XR, offering near perfect eye tracking and gesture control  —  After a roughly 30 minute demo that ran through the major features that are yet ready to test I came away convinced that Apple …
Ben Thompson / Stratechery:
Apple Vision Pro is incredibly compelling as a product and for its potential use cases; what the device says about society, though, is a bit more pessimistic  —  It really is one of the best product names in Apple history: Vision is a description of a product, it is an aspiration for a use case …
Mark Gurman / Bloomberg:
Apple Vision Pro will take at least five years to supplant the iPhone, reflected by Tim Cook not wearing one; the spatial computing UI is what's most impressive  —  Hey everyone, it's Mark.  Apple introduced the Vision Pro on Monday at WWDC, looking to an era beyond the iPhone, iPad and Mac.
Todd Spangler / Variety:
Alex Konrad / Forbes:
Sequoia plans to split into three VC firms, Sequoia in the US and Europe, HongShan in China, and Peak XV in India and Southeast Asia, “no later than” March 2024  —  Venture capital's biggest global brand is breaking up, with Sequoia's China and India and Southeast Asia funds relaunching …
Tom Wilson / Reuters:
Nansen: investors have pulled ~$780M on Ethereum from Binance and $13M from its US affiliate in the past 24 hours, following the SEC's lawsuit  —  Investors have pulled around $780 million from crypto exchange Binance in the last 24 hours, data firm Nansen said on Tuesday …
Yueqi Yang / Bloomberg:
In its Binance and Coinbase lawsuits, the SEC cited 12+ coins as assets under its purview, taking the value of tokens deemed unregistered securities to $120B+  —  The list of digital tokens deemed as unregistered securities by the Securities and Exchange Commission now spans over $115 billion …
Zhiyuan Sun / Cointelegraph:
New York Times:
More: Binance Blog, The Block, U.S. Securities …, CNBC, The Verge, Reuters, Bloomberg, Unchained Crypto, US District Court for the District of Columbia, Wall Street Journal, Metaverse Post, CoinDesk, Wired, Unchained Crypto, CoinDesk, TechCrunch,, Forbes, The Verge, Gizmodo, Decrypt, Coinspeaker, Cryptonews,, CoinGape, DL News, The Hill, The Block, Financial Times, Axios, and Reuters
LinkedIn: Maha Al-Saadi and Dawn KopeckiBluesky:
Stephen Warwick / iMore:
Apple accidentally made the iOS 17, iPadOS 17, watchOS 10, and macOS Sonoma developer betas available to all, including those without paid developer accounts  —  What is going on here?  —  Apple has massively screwed up distributing the iOS 17 developer beta, accidentally making it available …
Michael Grothaus / Fast Company:
Benj Edwards / Ars Technica:
Apple didn't mention AI at WWDC 2023, instead referring to machine learning and transformers while describing features and touting M2 Ultra for training models  —  Apple prefers using “machine learning,” or just having AI work in the background.  —  Amid notable new products …
Kanishka Singh / Reuters:
Microsoft agrees to pay $20M to settle FTC charges over the company violating COPPA by collecting personal data from children without their parents' consent  —  Microsoft (MSFT.O) will pay $20 million to settle U.S. Federal Trade Commission (FTC) charges that the tech company illegally …
Marc Andreessen / Andreessen Horowitz:
A look at why AI will “save the world”, including by augmenting human intelligence, a case against the moral panic about AI, and the risks of not pursuing AI  —  The era of Artificial Intelligence is here, and boy are people freaking out.  —  Fortunately, I am here to bring the good news …
Priya Anand / Bloomberg:
Reddit defends its usage-based API pricing as covering costs, arguing the company “needs to be fairly paid to continue supporting high-usage third-party apps”  —  A number of Reddit forums plan to go dark for two days later this month to protest the company's decision to increase prices for third-party app developers.
Sarah McBride / Bloomberg:
Enterprise software startup Instabase raised a $45M Series C led by Tribe Capital at a $2B valuation, up from $1.05B for its $105M Series B in October 2019  —  Business services startup Instabase Inc. has raised a new round of funding that doubles its valuation to $2 billion …

Sponsor Posts
Free compensation benchmarking data from 3,000 startups  —  Search by job title and get FREE access to market pay data.  Paid version helps HR teams 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.
Give your startup an advantage with Mercury Raise  —  Building a successful company takes more than an idea — it takes the right connections, network, and guidance.  Mercury Raise gives you all three.
Unveiling Zoho Finance Suite Deutschland Edition  —  The Deutschland market has embraced Zoho's Finance Suite with open arms, and countless remarkable customers have adopted our financial solutions to support their business growth.
Techmeme Ride Home:
Mon. 09/25 - Amazon Makes A Big Bet On Anthropic
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 1:50 PM ET, June 6, 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

Kathrin Hille / Financial Times:

Earlier Picks

Ryan Smith / AnandTech:
Romain Dillet / TechCrunch:
Jon Porter / The Verge:
William Turton / Bloomberg: