Techmeme
June 17, 2024, 10:35 PM

Top News

Emma Roth / The Verge:
The US DOJ sues Adobe for allegedly harming “consumers by enrolling them in its default, most lucrative subscription plan without clearly disclosing” plan terms  —  The US government is suing Adobe for allegedly hiding expensive fees and making it difficult to cancel a subscription.
Chance Miller / 9to5Mac:
Apple says it will no longer offer Apple Pay Later, the BNPL service launched in the US in 2023, and will focus on installment loan features coming in 2024  —  Apple has announced that it is no longer offering Apple Pay Later, the “buy now, pay later” service that launched in the United States last year.
María Paula Mijares Torres / Bloomberg:
Stablecoin provider Tether says it made a synthetic dollar that is backed by gold and will trade as aUSDT via smart contracts on the Ethereum Mainnet blockchain  —  - Alloy by Tether designed to track dollar with gold collateral  — Tether Gold has a $573 million market capitalization
Alan Ohnsman / Forbes:
Calvin Wankhede / Android Authority:
Adobe updates Acrobat with Firefly-powered AI image generation, AI Assistant supporting analysis of multiple documents, including non-PDF files, and more  —  Acrobat's AI Assistant is getting more useful, just months after its debut.  —  •  —  TL;DR
Vivek H. Murthy / New York Times:
The US surgeon general says platforms should add a warning label saying that “social media is associated with significant mental health harms for adolescents”  —  One of the most important lessons I learned in medical school was that in an emergency, you don't have the luxury to wait for perfect information.
Kim Zetter / Wired:
Mark Hachman / PCWorld:
Microsoft says the latest version of Windows 11, version 24H2 now in the Release Preview Channel, is “only available for Copilot+ PCs devices”  —  Microsoft has split the future of Windows between two user groups: those with AI-powered Copilot+ PCs and those without.
Tim Hardwick / MacRumors:
Kuo: the Apple Watch Series 10 will be thinner and have a bigger screen, from 41mm to 45mm and 45mm to 49mm; Apple will use 3D printing to make some components  —  This year's Apple Watch Series 10 will be thinner and come in larger screen sizes than previous models, according to Apple analyst Ming-Chi Kuo.
Scott Stein / CNET:
Carl Franzen / VentureBeat:
Runway unveils Gen-3 Alpha, a model to generate high-quality, highly realistic 10-second-long video clips; it's unclear if it will come to a free or paid tier  —  New York City-based Runway ML, also known as Runway, was among the earliest startups to focus on realistic high-quality generative AI video creation models.
Abhinaya Prabhu / Tech Funding News:
Constructor, which provides an AI-powered product discovery and search service for e-commerce companies, raised a $25M Series B at a $550M valuation  —  San Francisco-based Constructor, an AI-powered product discovery and search platform for enterprise ecommerce companies, has closed a $25 million Series B round.
Thomas Germain / BBC:
Copywriters detail how AI is affecting their jobs, with some noticing a new line of work to make AI-generated text sound more human, a job that pays a lot less  —  If you're worried about how AI will affect your job, the world of copywriters may offer a glimpse of the future.

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More News

Paul Solotaroff / Rolling Stone:
Lawrence Lewitinn / The Block:
Jess Weatherbed / The Verge:
Aisha Malik / TechCrunch:

Earlier Picks

Jonathan Maze / Restaurant Business: