Techmeme
June 20, 2023, 5:25 AM

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 …
Gabriela Galindo / Wired:
How Apple is trying to gain IP rights over depictions of apples globally, worrying the 111-year-old Fruit Union Suisse, which may need to change its logo  —  Apple, the company, wants rights to the image of apples, the fruit, in Switzerland—one of dozens of countries where it's flexing its legal muscles.
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:
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 …
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  —  Tens of thousands of people have signed up for KBin and Lemmy accounts since I first published Don't tell people “it's easy” …
Bloomberg:
Sources: Germany and Intel agree on subsidies worth ~€10B for its chip plant in Magdeburg, up from an initial agreement on €6.8B, as part of a ~€30B project  —  Germany and Intel Corp. sealed an agreement for the US company to receive an enlarged subsidy package worth about €10 billion …

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This is a Techmeme archive page. It shows how the site appeared at 5:25 AM ET, June 20, 2023.

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More News

Dan Seifert / The Verge:
Tracy Qu / South China Morning Post:

Earlier Picks

Tim Hakki / Decrypt:
Nikou Asgari / Financial Times:
Carly Page / TechCrunch: