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Techmeme
June 28, 2023, 4:05 PM
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Top News

Yogita Khatri / The Block:
Report: FTX's talks with investors on reboot proposals, due this week, include a joint venture, a rebrand, and stakes for certain existing customers  —  - FTX has a deadline of this week for interested parties to submit their proposals to potentially help restart the exchange, the WSJ reported.
Bloomberg:
Sources: FTX abruptly halted the sale of its $500M stake in AI startup Anthropic; FTX's bankers had reportedly been shopping its Anthropic stake in early June  —  Bankrupt cryptocurrency exchange FTX has abruptly halted the sale of one of its most sought-after assets: a stake in artificial intelligence startup Anthropic.
Colin Wilhelm / The Block:
A US judge denies Sam Bankman-Fried's motion to dismiss or sever most of the criminal charges he faces; Bankman-Fried faces 100+ years in prison if convicted
Jesse Coghlan / Cointelegraph:
FTX sues former compliance officer Daniel Friedberg, alleging he was Sam Bankman-Fried's “fixer” who made “hush money” payments to two potential whistleblowers
New York Times:
UK convenience stores are increasingly using facial recognition tech to combat shoplifting, which critics say is a disproportionate solution for minor crimes  —  British merchants are increasingly using the technology to combat shoplifting, raising questions about its spread as artificial intelligence rapidly improves it.
Jack Schickler / CoinDesk:
The EU Commission publishes its digital euro legislative plans, including privacy and financial stability safeguards; some backers question the CBDC's benefits  —  Officials want a digital payment system available to “everyone, everywhere, for free.”  —  BRUSSELS, Belgium …
Dan Goodin / Ars Technica:
Analysis: the Clop ransomware group has breached 122 organizations and stolen the data of ~15M people to date by exploiting a zero-day flaw in Progress' MOVEit  —  The dramatic fallout continues, with as many as 122 organizations now breached.  —  The dramatic fallout continues …
Bloomberg:
An interview with senior Binance executive Yi He, who has been out of the global spotlight and has children with CZ, on regulators, compliance, Okcoin, and more  —  One senior Binance executive has managed to stay out of the global spotlight over the past six years and counting …
Emma Roth / The Verge:
DoorDash announces new features for couriers, including “earn by time” for a guaranteed hourly minimum rate, real-time location sharing, and Dash Along the Way  —  DoorDash is making a big change to the way couriers get paid.  In an announcement on Wednesday …
Ingrid Lunden / TechCrunch:
Carl Pei's Nothing raised $96M led by Highland Europe before the Phone (2)'s launch, taking the company's funding to $250M; sources say 2022 revenue was $200M  —  Smartphone sales are in decline as handset makers grapple with saturated markets and a tough consumer economic climate.
Wall Street Journal:
Sources: the US is considering new AI chip export restrictions to China as soon as July, which could even ban the sales of Nvidia's A800 chip without a license  —  Restrictions come amid concerns that China could use AI chips from Nvidia and others for weapon development and hacking
Bloomberg:
A look at Anonymous Sudan, a self-described hacktivist group that researchers tied to Russia and that has targeted Microsoft, Sweden, Israel, the US, and others  —  A hacking group responsible for a series of outages at Microsoft Corp. earlier this month had spent the previous months attacking targets …
Alexandra Sternlicht / Fortune:
How Shein's Guangzhou factory influencer tour, likely meant to foster goodwill and improve the company's image before a rumored IPO, backfired spectacularly  —  In recent days, Chinese fast fashion giant Shein took a handful of influencers on a tour of its Guangzhou factory.
Bloomberg:
Y Combinator received a record 24K applications for its latest cohort and accepted less than 1%, of which ~35% are AI-focused and 50% use AI in their business  —  More than one-third of the famed startup accelerator Y Combinator's latest batch of companies are focused specifically on artificial intelligence.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:05 PM ET, June 28, 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

Todd Spangler / Variety:
Ynon Kreiz, who steps down as Mattel CEO, joins Paramount as co-CEO, overseeing daily operations; David Ellison will lead strategy, creative, and tech functions

Andrew Deck / Nieman Lab:
OpenAI doubles support for Lenfest's AI and local news fellowships, committing an additional $10M, after placing AI fellows in 11 local newsrooms across the US

Andrea González-Ramírez / The Cut:
Q&A with two Cornell Daily Sun student journalists on breaking the news of a suit alleging seven students raped a woman, followed by a fiery editorial, and more

More News

Andrew Brust / The New Stack:
Databricks announces LakehouseIQ, which lets companies use natural language to search and query their data, new tools for its Lakehouse AI platform, and more
Kwaku Gyasi / Bloomberg:
Chicago-based public cloud infrastructure startup Fly.io, which has data centers in 37 regions globally, raised a $70M Series C led by EQT at a $467M valuation
Miranda S. Spivack / New York Times:
Experts say there is a growing need for data centers in the US, where Statista says there were 2,701 in 2022, but finding the land and energy may be a challenge

Earlier Picks

Foo Yun Chee / Reuters:
EU countries and lawmakers reach an agreement on the Data Act, establishing rules on how Big Tech and other companies use European consumer and corporate data
Kyle Wiggers / TechCrunch:
OpenAI updates ChatGPT for iOS with Browse with Bing for ChatGPT Plus subscribers, answering questions using information beyond ChatGPT's original training data
Sapna Maheshwari / New York Times:
TikTok admits to funding the TikTok creators' lawsuit in Montana that is challenging the state's ban of the app, but says the company is not paying the creators
Patience Haggin / Wall Street Journal:
Adalytics: ~80% of Google's video ad placements on third-party sites violated the company's promised standards between 2020 and 2023; Google disputes the claims
David Heaney / UploadVR:
Report: Google canceled its “Iris” AR glasses project earlier in 2023 to focus on creating AR software platforms to license to headset manufacturers
Ivan Mehta / TechCrunch:
Meta launches new parental controls and other safety features for Messenger and Instagram in the US, the UK, and Canada, including letting parents view contacts
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