Techmeme
June 8, 2023, 10:45 AM

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 of use: extraordinary tech, heavier than expected, visionOS 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 tool that is “a private way to follow what matters”, and plans to add payment services in the future  —  June 8, 2023 … The newest feature in WhatsApp brings a very different kind of messaging to the world's most popular chat app.
Ash Parrish / The Verge:
Twitch walks back new branded content guidelines, released on June 6, calling them “bad” for streamers and the company, after swift backlash from creators  —  / ‘These guidelines are bad for you and bad for Twitch, and we are removing them immediately.’
Will Douglas Heaven / MIT Technology Review:
DeepMind's AlphaDev, an AI for discovering enhanced algorithms, devised new C++ sorting algorithms that are up to 70% faster and have been added to the language  —  The AI-generated algorithms are already being used by millions of developers.  —  DeepMind's run of discoveries in fundamental computer science continues.
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.
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.
Miles Kruppa / Wall Street Journal:
Internal email: Google plans to include office attendance records in performance reviews and consider new requests to work remotely full-time as an exception  —  Search giant, which asks most workers to be in an office 3 days a week, will consider attendance as part of performance
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 …
Esther Webber / Politico:
UK Prime Minister Rishi Sunak plans to host an AI summit in the fall, saying the UK would be “well-placed” to convene discussions; attendees are unclear  —  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 crypto industry learned from the SEC's ICO enforcement actions in 2017, why the SEC is targeting only select tokens, and more  —  SEC v. crypto exchanges  —  The US Securities and Exchange Commission began cracking down on crypto in 2017.
Samrhitha Arunasalam / Reuters:
GameStop fires CEO Matt Furlong two years after hiring him and appoints chairman and majority shareholder Ryan Cohen as its executive chairman; GME drops 15%+  —  June 7 (Reuters) - GameStop (GME.N) fired CEO Matt Furlong two years after hiring him and appointed billionaire Ryan Cohen as executive chairman …
Ewen MacAskill / The Guardian:
Vulture:
Hollywood insiders reflect on the end of “Peak TV”, an era kickstarted by Netflix releasing House of Cards 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 …
Chris Stokel-Walker / Fast Company:
Adobe begins rolling out its generative AI Firefly tool to businesses and plans to offer “full indemnification” against copyright lawsuits over its output  —  Adobe is so confident in Firefly's ability to respect creators' copyrighted images that it'll legally compensate businesses …
Isaiah Poritz / Bloomberg Law:
A radio host files a defamation lawsuit against OpenAI over ChatGPT's hallucination, alleging it generated a false legal complaint accusing him of embezzlement  —  OpenAI LLC is facing a defamation lawsuit from a Georgia radio host who claimed the viral artificial intelligence program ChatGPT generated …
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.
More: CNN, The Hill, and Forbes

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