Techmeme
June 7, 2023, 12:15 AM

Top News

Austin Weinstein / Bloomberg:
The SEC sues Coinbase, alleging the exchange operated as an unregistered broker since at least 2019 and broke SEC rules with its “staking”; COIN closed down 12%  —  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: CNBC, U.S. Securities …, USDC SDNY, Reuters, Ars Technica, The Block, CoinDesk, Wall Street Journal, The Block, Quartz, PCMag, CoinDesk, Financial Times, The Verge, Finbold, The Block, The Block, New York Times, Cryptonews, Forbes, CryptoGlobe, Watcher Guru, NBC 7 San Diego, DL News, Wealth Management, Cryptopolitan, Web3 is Going Just Great, The Daily Hodl, Crowdfund Insider, NewsBTC, The Register, Bitcoinist.com, Chamber of Progress, Reuters, TechCrunch, and The Block
Matt Levine / Bloomberg:
A look at the similarities and differences between the SEC's lawsuits against Coinbase and Binance, as the SEC views every crypto exchange in the US as illegal  —  SEC v. Crypto  —  “A decent rule of thumb,” I wrote in March, “is that all cryptocurrency exchanges are doing crimes …
Michael Potuck / 9to5Mac:
Apple makes iOS 17, iPadOS 17, watchOS 10, and macOS Sonoma developer betas free for anyone with an Apple ID, not just users with $99/year developer accounts  —  For years, access to the iOS developer beta and other developer builds has only been available through a $99/year developer account.
XDA Developers:
iOS 17 beta enables editable text and threaded replies in iMessage group chats with Android users, but Android users can't see the edited messages  —  Say goodbye to crippled group texts because of that one friend  —  We've all been there.  Whether you're an iPhone user with iMessage …
Michael Grothaus / Fast Company:
Nikhilesh De / CoinDesk:
Court filing: the SEC asked a DC court to grant a temporary restraining order that would freeze assets tied to Binance.US' holding and operating companies  —  The filing comes a day after the SEC sued Binance.  —  The U.S. Securities and Exchange Commission (SEC) asked a court to grant …
New York Times:
More: Gizmodo, Unchained Crypto, South China Morning Post, CNBC, The Block, The Verge, Binance Blog, Reuters, U.S. Securities …, Bloomberg, Wall Street Journal, Bloomberg, Wired, Metaverse Post, Bitcoinist.com, CoinDesk, CoinDesk, Unchained Crypto, US District Court for the District of Columbia, TechCrunch, The Verge, The Block, Financial Times, Axios, and Reuters
LinkedIn: Maha Al-Saadi and Dawn KopeckiBluesky: @dmnd.me
The Verge:
Apple acquires Los Angeles-based Mira, which makes AR headsets for companies and the US military; the startup had raised ~$17M and was once advised by Jony Ive  —  Apple has acquired Mira, a Los Angeles-based AR startup that makes headsets for other companies and the US military …
Ben Thompson / Stratechery:
The Apple Vision Pro's potential use cases are incredibly compelling but Apple's push for even more personal experiences contributes to loneliness in society  —  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:
Matthew Panzarino / TechCrunch:
Marc Andreessen / Andreessen Horowitz:
A look at why AI will “save the world”, such as by augmenting human intelligence, a case against the moral panic about AI, and the China risk of not pursuing AI  —  The era of Artificial Intelligence is here, and boy are people freaking out.  —  Fortunately, I am here to bring …
Sabrina Ortiz / ZDNet:
Instagram appears to be testing an AI chatbot feature, similar to Snapchat's My AI, that offers 30 AI personalities for answering questions and giving advice  —  Meta rapidly adopted generative AI technology and incorporated it into various features across its platforms, including ads.
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 …
Aria Alamalhodaei / TechCrunch:
Source: Nuview, which wants to map Earth's entire landmass on an annual basis using space-based lidar, raised a $3M seed and $12M for an in-progress Series A  —  Nuview, a startup that wants to map the entire landmass of Earth on an annual basis using space-based light detection and ranging …
Livemint:
Google, Temasek, and Bain report: India's internet economy to hit $1T by 2030, up from $175B in 2022, accounting for 12-13% of India's GDP, up from 4-5% in 2022  —  Growth in the digital economy will also make India a more attractive investment destination in the coming years.

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Earlier Picks

Kathrin Hille / Financial Times:
Priya Anand / Bloomberg:
Benj Edwards / Ars Technica:
Ryan Smith / AnandTech:
Kanishka Singh / Reuters: