June 8, 2023, 1:35 PM

Top News

Rohan Goswami / CNBC:
Court filings: Binance's lawyers allege SEC Chair Gary Gensler offered to be an advisor to the company in March 2019 when he was teaching at MIT Sloan  —  - According to a new filing from Binance's lawyers, SEC Chair Gary Gensler offered to be an advisor to the crypto exchange in 2019.
Colin Wilhelm / The Block:
Court documents: the SEC accuses Binance and Binance.US of redirecting $12B+ in customer assets to entities controlled by Changpeng Zhao between 2019 and 2021  —  The Securities and Exchange Commission has accused Binance and Binance.US of redirecting over $12 billion in customer assets …
Emily Nicolle / Bloomberg:
John Gruber / Daring Fireball:
Apple Vision Pro impressions after 30 minutes: extraordinary tech, heavier than expected, visionOS navigation is a breakthrough, incredible for sports, and more  —  I got to spend about 30 minutes Monday afternoon using a Vision Pro and VisionOS at Apple Park, in a temporary “field house” …
David Pierce / The Verge:
WhatsApp announces Channels, a one-to-many broadcast feature as “a private way to follow what matters”, and plans to add payment and other monetization services  —  June 8, 2023 … The newest feature in WhatsApp brings a very different kind of messaging to the world's most popular chat app.
Erin Griffith / New York Times:
Tech entrepreneurs who left the Bay Area during the pandemic are returning, saying they can't miss out on the funding, hackathons, and networking of the AI boom  —  Tech entrepreneurs who left the Bay Area during the pandemic say they can't afford to miss out on the funding …
Miles Kruppa / Wall Street Journal:
Internal email: Google plans to consider office attendance records in performance reviews and only take new requests to work remotely full time as exceptions  —  Search giant, which asks most workers to be in an office 3 days a week, will consider attendance as part of performance
Will Douglas Heaven / MIT Technology Review:
DeepMind's AlphaDev, an AI for discovering better algorithms, devised a C++ sorting algorithm that is up to 70% faster; ISO has since added the algorithm to C++  —  The AI-generated algorithms are already being used by millions of developers.  —  DeepMind's run of discoveries in fundamental computer science continues.
Camomile Shumba / CoinDesk:
The UK FCA plans to introduce tough crypto advertising rules, classifying crypto as “restricted mass market investments”, banning incentives to invest, and more  —  The Financial Conduct Authority said it will treat crypto like a high risk investment, and will consult on new guidance for its rules on promotions.
Hollywood insiders discuss the end of Peak TV, an era started by Netflix dropping House of Cards' first season in one go in 2013, as streaming services cut back  —  If you call a slew of Hollywood's most powerful showrunners, studio chiefs, agents, and operators and ask them to describe …
Ewen MacAskill / The Guardian:
Ash Parrish / The Verge:
Twitch walks back its Branded Content Guidelines from June 6, calling them “bad” for the company and streamers' growth and income, after a creator backlash  —  / ‘These guidelines are bad for you and bad for Twitch, and we are removing them immediately.’
Chris Stokel-Walker / Fast Company:
Adobe rolls out Firefly to businesses and offers “full indemnification” for copyright infringement lawsuits over any content created in the generative AI tool  —  Adobe is so confident in Firefly's ability to respect creators' copyrighted images that it'll legally compensate businesses …
Esther Webber / Politico:
UK Prime Minister Rishi Sunak plans to host an AI summit in the fall with “like-minded” nations, saying the UK would be “well-placed” to convene discussions  —  Rishi Sunak's spokesperson denied G7 members were trying to set up an alliance against China and Russia.
Matt Levine / Bloomberg:
A look at what the SEC and the crypto industry learned from the SEC's ICO enforcement actions in 2017, why the SEC is suing only over select tokens, and more  —  SEC v. crypto exchanges  —  The US Securities and Exchange Commission began cracking down on crypto in 2017.
Isaiah Poritz / Bloomberg Law:
A radio host sues OpenAI for defamation over a ChatGPT hallucination, alleging the tool generated a false legal complaint accusing him of fraud and embezzlement  —  OpenAI LLC is facing a defamation lawsuit from a Georgia radio host who claimed the viral artificial intelligence program ChatGPT generated …
Kyle Wiggers / TechCrunch:
Google updates how Bard handles math, coding questions, and string manipulation via “implicit code execution”, which lets the chatbot run code in the background  —  Bard, Google's beleaguered AI-powered chatbot, is slowly improving at tasks involving logic and reasoning.
Sapna Maheshwari / New York Times:
In a letter, two US senators accuse TikTok of misleading Congress on the company's handling of US user data, demanding answers to 12+ questions by June 16  —  Two senators sent a letter to TikTok's C.E.O. on Tuesday with questions about how user data may be stored and accessed in China following new reports in May.
Anton Shilov / Tom's Hardware:
SK Hynix begins mass producing its 238-layer 3D NAND memory chips with a 2,400 MT/s data transfer rate, up from the prior generation's 176 layers and 1,600 MT/s  —  The new memory promises speeds of up to 2,400 MT/s.  —  SK hynix said late on Wednesday that it had begun mass production of its 238-layer …
Financial Times:
The European Court of Justice strikes down Barcelona's 2018 restrictions on ride-hailing licenses, which could help services like Uber and Cabify across Europe  —  ECJ's verdict will allow likes of Uber and Cabify to increase presence in Catalan city  —  A top EU court has struck …

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