Techmeme
June 6, 2023, 2:30 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, CNBC, Reuters, PCMag, The Block, The Block, Wall Street Journal, Financial Times, CoinDesk, CoinDesk, The Block, PYMNTS.com, The Verge, Metaverse Post, Finbold, TechCrunch, Forbes, The Block, The Guardian, The Block, New York Times, Finextra, The Daily Hodl, TechCrunch, NewsBTC, Wealth Management, Silicon Republic, Fortune, ZyCrypto, crypto.news, DL News, VICE, WRAL TechWire, The Block, The Information, CoinGape, Chamber of Progress, Reuters, Tech Startups, Bitcoin News, Newser, Coinspeaker, CCN.com, nft now, and Ethereum World News
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 …
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:
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 …
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 …
New York Times:
More: Unchained Crypto, Binance Blog, U.S. Securities …, Gizmodo, The Block, CNBC, The Verge, Reuters, Bloomberg, Wall Street Journal, Metaverse Post, US District Court for the District of Columbia, CoinDesk, Wired, Unchained Crypto, CoinGape, Watcher Guru, TechCrunch, CCN.com, CoinDesk, Forbes, The Verge, Coinspeaker, Cryptonews, Bitcoinist.com, DL News, The Hill, The Block, Financial Times, Axios, and Reuters
LinkedIn: Maha Al-Saadi and Dawn KopeckiBluesky: @dmnd.me
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.

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Earlier Picks

Ryan Smith / AnandTech:
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William Turton / Bloomberg: