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June 7, 2023, 2:05 PM
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Top News

Wall Street Journal:
Investigations: Instagram helps connect and promote a vast network of accounts openly devoted to underage sex content; Meta plans to increase its controls  —  The Meta unit's systems for fostering communities have guided users to child-sex content; company says it is improving internal controls
Filipe Espósito / 9to5Mac:
Apple releases a Game Porting Toolkit based on open-source platform Wine to translate DirectX 12 into Metal 3, a potentially massive step for Mac gaming  —  One of the new features in macOS Sonoma is Game Mode, which Apple claims improves gaming performance on Apple Silicon Macs.
Casey Newton / Platformer:
How Twitter, YouTube, and Meta gave up on removing lies about the 2020 US Presidential elections, having briefly banded together to do the right thing  —  For a time, they fought the good fight — but not any more  —  I.  —  On tech platforms these days you can get away with just about anything …
Ivan Mehta / TechCrunch:
Automattic launches Jetpack AI Assistant for WordPress and Jetpack-powered sites, letting users generate content, translate text into 12 languages, and more  —  Automattic, the company behind WordPress.com and the main contributor to the open-source WordPress project, launched an AI assistant …
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
The Athletic:
Sources: MLS and Apple discussed offering Lionel Messi a revenue share generated by new Season Pass subscribers; on June 6, Apple announced a Messi docuseries  —  Major League Soccer and Inter Miami are solidifying details around the potential signing of Argentine superstar Lionel Messi.
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 …
Robert Armstrong / Financial Times:
Crypto is dangerous nonsense and should be regulated like smoking, gambling, or pyramid schemes, not granted the dignity of regulation under US securities law
Joe Tidy / BBC:
The Clop ransomware group tells the BBC, British Airways, Boots, and others to email them or data stolen via the MOVEit hack will be released on June 14  —  A prolific cyber crime gang thought to be based in Russia has issued an ultimatum to victims of a hack that has hit organisations around the world.
Alyssa Mercante / Kotaku:
A look at Twitch's new ad rules covering branded content, a crucial source of income for creators; after an outcry, Twitch says the update was “overly broad”  —  'The top 100 streamers on Twitch just got told they're not allowed to make 80 percent of their revenue the way they're used to making it.'
Kris Holt / Engadget:
Mojang launches Minecraft: Bedrock Edition on Chromebook after an early access period, available on Chromebooks from the past three years and other models  —  It will run on any Chromebook from the last three years, as well as some other models.  —  Following an early access period …
Bloomberg:
Sequoia's plan for three VC firms represents a major shift due to rising US-China tensions and signals that China ties are a growing liability in Silicon Valley  —  Sequoia Capital's plan to split itself into three separate regional firms represents a major shift at one the world's foremost venture capital firms.
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 …
Jeffrey Dastin / Reuters:
Google Cloud partners with Priceline to help the travel agency develop an AI chatbot for planning trips, suggesting hotels like a “personal concierge”, and more  —  Want a New York hotel near a Christmas market, a vegan restaurant, or another attraction?
Javier Espinoza / Financial Times:
Sources: the EU is considering a mandatory ban on member states using equipment from Huawei and other companies deemed a security risk in their 5G networks  —  Brussels concerned lack of action by member states to bar high-risk companies threatens security of entire bloc
Brendan I. Koerner / Wired:
A profile of Christopher Bouzy, the CEO of Twitter analytics startup Bot Sentinel, and his attempts to build Twitter rival Spoutible, starting in November 2022  —  When Elon Musk's reign of toxic chaos began, Christopher Bouzy didn't just go looking for a rival place to post.
Financial Times:
New Jersey-based Tingo, which sells phones and credit to Nigerian farmers, fell 80%+ after Hindenburg alleged the fintech is an “exceptionally obvious scam”  —  Report alleges that Nasdaq listed company is an ‘exceptionally obvious scam’  —  Shares in Tingo Group more than halved …
Maghan McDowell / Vogue Business:
Louis Vuitton announces “Treasure Trunk” NFTs, each costing €39K and granting access to future products and experiences, in a hard pivot from its NFT-based game  —  The collection of phygital “Treasure Trunks” marks the first time that the luxury brand will sell NFTs …

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This is a Techmeme archive page. It shows how the site appeared at 2:05 PM ET, June 7, 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.

From Mediagazer

Katie Deighton / Wall Street Journal:
WME is selling sports marketing agency 160over90 to Publicis Groupe for, sources say, $500M+; WME bought the agency in 2018 for about $200M

Charlotte Tobitt / Press Gazette:
An interview with WSJ EIC Emma Tucker on increasing digital-only subscriptions by 30% to 4.29M since 2023, culture change, events, print, AI tools, and more

Reuters:
Australia says it will ban gambling ads featuring celebrities and limit online gambling ads to logged-in users over 18 starting in 2027

More News

Livemint:
Google, Temasek, and Bain project India's internet economy will hit $1T by 2030, up from $175B in 2022, accounting for 12%-13% of its GDP, up from 4%-5% in 2022

Earlier Picks

Ben Schoon / 9to5Google:
Samsung plans to hold its next Unpacked event in late July 2023 in Seoul, the first time in its home country, to unveil “its next generation foldable devices”
Jess Weatherbed / The Verge:
1Password launches a passkey public beta for Chrome, Edge, Safari, Firefox, and Brave but not its mobile apps, after announcing passkey support in November 2022
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
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
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