Techmeme
August 21, 2023, 7:00 PM

Top News

Ronan Farrow / New Yorker:
Interviews with 30+ of Elon Musk's colleagues and dozens of others detail his growing power, childhood, career, politics, role in Russia's Ukraine war, and more  —  How the U.S. government came to rely on the tech billionaire—and is now struggling to rein him in.
Craig Trudell / Bloomberg:
Report: before tweeting a pro-Russia Ukraine peace plan, Elon Musk said he had Kremlin consultations; he also told the US of a Putin call but publicly denied it  —  - Magazine reports on October conversation with top official  — The SpaceX CEO later denied speaking with Russian president
Miles Kruppa / Wall Street Journal:
YouTube and Universal Music Group partner to explore new products, using music in AI tools, and paying artists whose work is used to make AI-generated content  —  YouTube has recruited Frank Sinatra's estate and other Universal Music Group UMG .39%increase; green up pointing triangle acts …
Dana Hull / Bloomberg:
Maine's attorney general says Tesla's May 2023 data breach impacted 75,735 people, included employee-related records, and was a result of “insider wrongdoing”  —  - Data breach included employee-related records, Maine AG says  — Tesla says two former employees shared info with Handelsblatt
CNBC:
Filing: SoftBank's Arm files to list on Nasdaq and reports $524M in net income on $2.68B in revenue in its fiscal 2023, with sales slightly down from 2022  —  - Arm, which is owned by SoftBank, filed on Monday to list on the Nasdaq.  — The U.K.-based chipmaker is looking to go public during …
Shaurya Malwa / CoinDesk:
Friend.tech, which lets people use crypto to buy “shares” of X accounts, hits 100K users, per a database of wallet addresses that has raised privacy concerns  —  The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch.
Leo Schwartz / Fortune:
Coinbase takes a “small” equity stake in Circle as the companies shutter the Centre Consortium, which previously governed the USDC stablecoin  —  On Monday, Coinbase and Circle, the two companies behind USD Coin, settled on new terms that would change the governance and funding of USDC …
Harry McCracken / Fast Company:
Interviews with Microsoft CEO Satya Nadella, CTO Kevin Scott, and other Microsoft executives on AI, a decade of AI investments, Office Copilots, Bing, and more  —  “In general, I get excited by new things,” says the CEO.  The story of a transformative moment that's been a decade in the making.
Amanda Silberling / TechCrunch:
Triller's S-1 filing claims the short-form video app has had 550M signups, but Apptopia estimates it has been downloaded just 73.2M times since its 2015 launch  —  TikTok competitor Triller is preparing to go public, but estimates from Apptopia call its self-reported user numbers into question.

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