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June 20, 2023, 10:45 AM
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Top News

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:
The Anti-Meta Fedi Pact, circulated on Mastodon, pledges to block Meta's planned ActivityPub service, a petty and insular move that will keep Mastodon small  —  The Anti-Meta Fedi Pact: … Yours truly, on Bluesky a month ago (which, ironically, is not yet open itself, so here's an open preview):
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 …
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 …
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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This is a Techmeme archive page. It shows how the site appeared at 10:45 AM ET, June 20, 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

Wall Street Journal:
Sources: three Gulf sovereign-wealth funds have agreed to commit a total of ~$24B to back Paramount's $81B WBD deal; Saudi Arabia's PIF agreed to provide ~$10B

The Hollywood Reporter:
The WGA and AMPTP reach a tentative four-year agreement, up from WGA's usual three-year deal; it includes AI training protection and health plan increases

Elex Michaelson / CNN:
An interview with TMZ's Harvey Levin about the OWTA movement he says TMZ started, shaming lawmakers using audience's photos, like Lindsey Graham at Disney World

More News

Earlier Picks

Dan Seifert / The Verge:
Google Pixel Tablet review: a good screen, audio, and performance, and a useful speaker dock, but below average battery life and some apps don't display well
Tracy Qu / South China Morning Post:
Alibaba and JD.com did not share 2023 GMV figures for 618, China's second largest shopping festival; the companies previously used GMV to trumpet their wins
Jon Pincus / The Nexus Of Privacy:
Amid ongoing Reddit protests, decentralized link aggregation and discussion forum projects Lemmy and Kbin grow to a total of 70K+ MAUs and 1,000+ instances
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