| Jane Zhang / Bloomberg: |
In a surprise move, Alibaba names Eddie Wu as CEO, replacing Daniel Zhang, and Executive Vice Chairman Joseph Tsai as Chairman; Zhang will continue as Cloud CEO — Alibaba Group Holding Ltd. is replacing eight-year veteran chief Daniel Zhang at the helm of a Chinese e-commerce leader bleeding market share … | Billy Perrigo / TIME: |
Documents show OpenAI lobbied for parts of the EU's AI Act to be watered down, including successfully avoiding its general purpose AI being deemed “high risk” — The CEO of OpenAI, Sam Altman, has spent the last month touring world capitals where, at talks to sold-out crowds … | Ashley Carman / Bloomberg: |
Source: Spotify plans a more expensive “Supremium” tier with HiFi audio, audiobooks, and more, launching outside the US later in 2023; Premium costs $9.99/month — Spotify Technology SA is planning a more expensive subscription option that's expected to include high-fidelity audio … | John Gruber / Daring Fireball: |
| Joe Rossignol / MacRumors: |
Apple expands Self Service Repair to the iPhone 14 range, 13-inch MacBook Air with M2, and 14-inch and 16-inch MacBook Pro with M2 Pro and Max, starting June 21 — Apple today announced that its self-service repair program will be expanding to the iPhone 14 lineup, 13-inch MacBook Air with the M2 chip … | Ivan Mehta / TechCrunch: |
After complaints about spam by Indian users, WhatsApp adds the ability to automatically silence calls from unknown numbers and a Privacy Checkup feature — WhatsApp has introduced a new feature to automatically silence calls from unknown numbers. This comes after multiple customers in India … | Mark Bergen / Bloomberg: |
Twitter says CEO Linda Yaccarino and Elon Musk do not plan to attend the week-long Cannes Lions festival, even during the company's new “brand safety” push — Elon Musk and Twitter Inc.'s new Chief Executive Officer Linda Yaccarino won't be at the advertising industry's biggest annual event … | Frank Chaparro / The Block: |
Filings: FTX paid $121.8M in legal, consulting, and financial services fees between February 1 and April 30, as some former clients push to reboot the exchange — - FTX's bankruptcy estate paid $121.8 million in legal, consulting and financial services fees and expenses between February 1 and April 30 … | Javier Espinoza / Financial Times: |
Sources: EU antitrust regulators plan to launch a detailed investigation into Adobe's acquisition of Figma later in 2023, which may derail the $20B deal — Transaction faces lengthy antitrust probe in Brussels as global watchdogs signal concern over market consolidation| New York Times: |
GOP lawmakers target Wikimedia, Graphika, and others in a legal campaign, accusing them of colluding with the government to suppress conservative speech online — A legal campaign against universities and think tanks seeks to undermine the fight against false claims about elections, vaccines and other hot political topics.| Frank Chaparro / The Block: |
Binance begins running nodes on the Bitcoin Lightning Network, part of a plan to use the service for deposits and withdrawals to alleviate network congestion — - Binance confirmed Tuesday it has started the process of integrating the Lightning Network. — They would join rivals Kraken and Bitfinex who have already integrated it.| Sabrina Ortiz / ZDNet: |
Vimeo announces AI tools, coming on July 17, to automate parts of the video creation process: a script generator, a teleprompter, and a text-based video editor — Have you ever had a great video idea that you just never got to because of how much work was involved?| Alexander Osipovich / Wall Street Journal: |
Crypto exchange EDX Markets, backed by Citadel, Fidelity, and Charles Schwab, quietly began executing trades in recent weeks, offering a noncustodial service — EDX Markets won't directly handle customers' digital assets or directly serve individual investors
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| Dan Seifert / The Verge: |
| Tracy Qu / South China Morning Post: |
| Tim Copeland / The Block: |
| Jon Pincus / The Nexus Of Privacy: |
| Thomas Germain / Gizmodo: |