June 6, 2023, 5:15 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 10%+  —  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, Ars Technica, CNBC, Reuters, The Block, Wall Street Journal, The Verge, The Block, DL News, The Register, PCMag, CoinDesk, Financial Times, The Verge, Finbold, The Block, CoinDesk, The Block,, New York Times, Cryptopolitan, Metaverse Post,, Web3 is Going Just Great, TechCrunch, Ethereum World News, Watcher Guru, Forbes, K33, Tech Startups, Reuters, Wealth Management, Bitcoin News, Newser,, Fortune, Coinspeaker,, nft now, Finextra, The Guardian, Chamber of Progress, The Block, and TechCrunch
Matt Levine / Bloomberg:
Matthew Panzarino / TechCrunch:
Hands-on with the Apple Vision Pro, which seems to be a genuine leapfrog in XR capability and execution, 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:
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:
The Apple Vision Pro may take at least five years to supplant the iPhone, highlighted by Tim Cook not wearing one at WWDC; the UI is the most impressive part  —  Hey everyone, it's Mark.  Apple introduced the Vision Pro on Monday at WWDC, looking to an era beyond the iPhone, iPad and Mac.
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 those 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.
Michael Grothaus / Fast Company:
An interview with Craig Federighi on the privacy and safety enhancements in iOS 17, iPadOS 17, watchOS 10, and macOS Sonoma, AI-based security tools, and more  —  It used to be just technology journalists and privacy advocates who got excited about the new privacy features that Apple …
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:
New York Times:
More: The Verge, Gizmodo, Unchained Crypto, The Block, CNBC, Binance Blog, U.S. Securities …, Bloomberg, Reuters, Wall Street Journal, CoinDesk, Metaverse Post, US District Court for the District of Columbia, CoinDesk,, Unchained Crypto, TechCrunch, Forbes, Coinspeaker, Cryptonews, CoinGape, and The Block
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 …
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 …
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.
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 …
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 …
Jordan Novet / CNBC:
GitLab reports Q1 revenue up 45% YoY to $126.9M, vs. $117.8M est., FY 2024 revenue guidance above estimates, and unveils generative AI plans; GTLB jumps 30%+  —  - GitLab beat on the top and bottom lines and increased its full-year guidance.  — The company plans to sell a generative artificial intelligence add-on.
More: Reuters and GitLab

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 5:15 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:
Jon Porter / The Verge:
William Turton / Bloomberg: