Techmeme
June 13, 2023, 8:30 AM

Top News

Alexa Corse / Wall Street Journal:
In a memo to Twitter employees, CEO Linda Yaccarino said the platform is “on a mission to become the world's most accurate real-time information source”  —  Linda Yaccarino, who joined company last week, describes her mission to employees  —  Twitter's new chief executive told employees …
Reuters:
Jack Dorsey says India threatened to shut Twitter down unless the company complied with orders during farmer protests, a claim India calls an “outright lie”  —  Twitter was threatened with shut down in India, Nigeria and Turkey unless it complied with orders to restrict accounts …
CNBC:
The US FTC files for a temporary restraining order and preliminary injunction to block Microsoft's acquisition of Activision Blizzard  —  - The FTC on Monday filed a temporary restraining order and preliminary injunction seeking to block Microsoft's proposed acquisition of Activision Blizzard.
Dell Cameron / Wired:
A declassified ODNI report from 2022: the US has amassed troves of “sensitive and intimate information” about Americans purchased from commercial data brokers  —  A newly declassified report from the Office of the Director of National Intelligence reveals the federal government is buying troves of data about Americans.
Jay Peters / The Verge:
Over 7,000 subreddits have gone private or read-only to protest Reddit's API pricing changes; the site experienced issues for about two hours on June 12  —  Reddit went through some issues for many on Monday, with the outage happening the same day as thousands of subreddits going dark to protest the site's new API pricing terms.
Molly White:
Unpacking Coinbase's flawed talking points in its battle with the SEC, including the argument that “securities laws written in the 1930s can't apply to crypto”  —  Coinbase is trotting out its usual flawed arguments now that it's facing a lawsuit from the SEC, and more pushback is needed.
Wall Street Journal:
Sources: Netflix is in talks to livestream its first sporting event this fall, a celebrity golf tournament with professional golfers and Formula One drivers  —  Tournament to include celebrities from Formula One series ‘Drive to Survive’ and golf program ‘Full Swing’
Avram Piltch / Tom's Hardware:
Google's Search Generative Experience seems like an “AI plagiarism engine” that cobbles together snippets of text from a variety of sites, often word-for-word  —  The Search Generative Experience seems more like a text-copying experience.  —  Search has always been the Internet's most important utility.
Andrew Cunningham / Ars Technica:
M2 Ultra Mac Studio review: a small, fast, efficient, and quiet desktop that has a good port selection and is a better deal than the new Mac Pro for most users  —  The realities of Apple Silicon make the Studio the best bet for most pros.  —  The original Mac Studio, despite the absence of …
Max Read / New York Times:
How Jimmy Donaldson, aka MrBeast, became a viral sensation for his absurd acts of altruism and pitching subscribing as an act of charity, sometimes literally  —  Jimmy Donaldson, a.k.a. MrBeast, has become a viral sensation for his absurd acts of altruism.  Why do so many people think he's evil?
Financial Times:
The EU reaches a long-awaited deal on rules that could let 28M gig workers get social security and more, and plans to discuss the proposals with its parliament  —  Member states agree to rules that could give employment benefits to Uber drivers and food delivery riders
Samuel Stolton / Bloomberg:
Sources: the EU is set to hit Google with a formal antitrust complaint regarding the company's ad tech, with a statement of objections coming as soon as June 14  —  Google is set to be hit with a formal antitrust complaint from the European Union that could pave the way for massive fines …
Financial Times:
A look at the global network of subsea internet cables, dominated by companies from France, the US, and Japan, as China circumvents US curbs to build its own  —  Nearly 1.4mn kilometres of metal-encased fibre criss-crosses the world's oceans, speeding internet traffic seamlessly around the globe.
Larry Dignan / Constellation Research:
Oracle reports Q4 revenue up 17% YoY to $13.84B, vs. $13.73B est., cloud services and license support revenues up 23% YoY to $9.4B, and net income up 4% YoY  —  Oracle's infrastructure as a service business gained momentum in the fourth quarter courtesy of generative AI workloads, according to CTO Larry Ellison.

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Earlier Picks

Dhruv Mehrotra / Wired:
Bloomberg:
Shinhye Kang / Bloomberg:
Cecilia D'Anastasio / Bloomberg:
Dan Primack / Axios: