Techmeme
June 6, 2023, 1:01 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: U.S. Securities …, USDC SDNY, CNBC, Reuters, The Block, Finbold, CoinDesk, The Verge, Wall Street Journal, TechCrunch, PCMag, The Block, CoinDesk, Forbes, The Block, The Block, Finextra, TechCrunch, DL News, VICE, Silicon Republic, The Block, The Information, New York Times, Cointelegraph, crypto.news, PC Gamer, WRAL TechWire, Chamber of Progress, CoinGape, Reuters, CCN.com, Rolling Stone, Ethereum World News, Fortune, Tech Startups, Newser, CryptoPotato, Watcher Guru, Tech in Asia, Wealth Management, Cryptonews, Bitcoin News, and CryptoGlobe
Zhiyuan Sun / Cointelegraph:
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 …
Adi Robertson / The Verge:
Tim Cook unveils Apple Vision Pro, a “spatial computing” headset controlled with the user's eyes, hands, and voice, coming to the US for $3,499+ in early 2024  —  Apple has announced an augmented reality headset called Apple Vision Pro that “seamlessly” blends the real and digital world.
More: Apple on YouTube, Apple, Bloomberg, 9to5Mac, Disconnect, NBC News, 9to5Mac, CNN, MacRumors, Android Authority, The i Paper, On my Om, Windows Central, Ars Technica, Reuters, Dexerto, Livemint, TechCrunch, Engadget, Tom's Hardware, Wall Street Journal, ABC News, Insider, TechRadar, Digit, PCWorld, Digital Trends, PhoneArena, KitGuru, BGR, Counterpoint Research, WinBuzzer, OnMSFT.com, SlashGear, Wired, Variety, PC Gamer, Forbes, MacDailyNews, TheGamer, UploadVR, and O'Grady's PowerPage
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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:
Romain Dillet / TechCrunch:
Alex Konrad / Forbes:
Sequoia plans to split into three 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 pulled ~$780M 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, a day after the world's biggest crypto exchange …
New York Times:
Kanishka Singh / Reuters:
Microsoft agrees to pay $20M to settle FTC charges that the company violated 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 collected …
Benj Edwards / Ars Technica:
Apple avoided mentioning AI at WWDC, instead referring to machine learning and transformers while describing features; M2 Ultra was touted for training models  —  Apple prefers using “machine learning,” or just having AI work in the background.  —  Amid notable new products …
Michael Grothaus / Fast Company:
An interview with Craig Federighi on the new privacy and safety enhancements across iOS 17, iPadOS 17, watchOS 10, and macOS Sonoma, working with AI, and more  —  It used to be just technology journalists and privacy advocates who got excited about the new privacy features that Apple …
Stephen Warwick / iMore:
Zac Hall / 9to5Mac:
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 …
Kathrin Hille / Financial Times:
In a first, geopolitics took center stage at TSMC's annual meeting; chair Mark Liu defended the global expansion and said “going to the US is not all downside”  —  Shareholders question strategy but chair says new foundries outside Taiwan can help it maintain global leadership
Scharon Harding / Ars Technica:
Counterfeit tech scams run amok on Walmart and eBay because the platforms have failed to properly vet sellers and their products; Amazon has had similar issues  —  If I can spot a fake SSD, why can't Walmart?  —  Online retailers that host third-party sellers, like Amazon and Walmart …
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 …

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