| Gabe Rivera / Techmeme News: |
On Techmeme's 20th birthday, its founder explains what's behind the site's consistency, debunks some supposed media trends, and outlines future directions — Please clap for Techmeme — Techmeme turns 20 freaking years old today. This is our self-congratulatory post marking the occasion.| Daniel Kuhn / The Block: |
Tether names Bo Hines, the former Executive Director of the White House Crypto Council, as CEO of its new US unit and launches the US-regulated USAT stablecoin — - USAT is designed to be a U.S.-regulated, dollar-backed stablecoin and a complement to USDT, which has about $169 billion in circulation.| Barbara Moens / Financial Times: |
The EU ends an antitrust probe against Microsoft with no fine and accepts its concessions, including offering Office without Teams in Europe for seven years — US tech group faced scrutiny over how it bundled together its Teams and Office products — Microsoft has avoided an EU fine … | Chance Miller / 9to5Mac: |
The US FDA clears hypertension notifications on Apple Watch, and Apple plans to roll out the feature to Series 11, 10, and 9, and Watch Ultra 3 and 2 next week — When Apple announced the new Apple Watch Series 11 and Apple Watch Ultra 3 this week, it unveiled its latest health feature: hypertension notifications.| Coco Feng / South China Morning Post: |
Apple delays iPhone Air preorders in China, likely over eSIM regulatory issues, and replaces the launch schedule with “release information to be updated later” — Apple says all three state-owned telecoms network operators would provide eSIM support ‘subject to regulatory approval’| Sarah Perez / TechCrunch: |
Mastodon plans to roll out quote posts next week, with safety features that give users several ways to control how their posts can be quoted, to avoid “dunking” — Mastodon, an open source, decentralized alternative to X, is rolling out a somewhat controversial feature by adding quote posts, which will launch next week.| Pranav Baskar / New York Times: |
Over 100K Nepali citizens regularly met on Discord to nominate an interim leader, after protests sparked by a social media ban led to the government's collapse — “The Parliament of Nepal right now is Discord,” a user said of the platform popular with video gamers, where tens of thousands are debating the nation's future.| Wall Street Journal: |
Some 20-somethings flocking to SF to build trillion-dollar AI startups say no to booze, sleep, and fun as they strive to be, or appear to be, the most obsessed — To reach the dream of creating a trillion-dollar company, the 20-somethings flocking to San Francisco give up everything but their laptops| Tanaya Macheel / CNBC: |
Gemini opened up 32.2% at $37.01 per share in its Nasdaq debut, giving it a ~$4.4B market cap, after the Winklevoss' crypto exchange raised $425M in its IPO — Shares of Gemini Space Station soared as much as 40% on Friday after the exchange operator raised $425 million in an initial public offering.| Bloomberg: |
| Rebecca Bellan / TechCrunch: |
California SB 243, which would mandate safety protocols for AI chatbot companions, passes the State Assembly and Senate and now heads to Governor Newsom's desk — California has taken a big step toward regulating AI. SB 243 — a bill that would regulate AI companion chatbots in order … | Pei Li / Bloomberg: |
Sources: Tencent recruited prominent AI researcher Yao Shunyu from OpenAI; a source and Chinese media say Tencent offered him a CN¥100M+, or ~$66M, pay package — Tencent Holdings Ltd. has recruited a prominent artificial intelligence researcher from OpenAI in one of the most high-profile defections … | Ashley Capoot / CNBC: |
OpenAI says its nonprofit parent company will own a $100B+ equity stake and continue to have oversight over the startup, which last week was valued at $500B — OpenAI on Thursday said its nonprofit parent will continue to have oversight over the company and will own an equity stake of more than $100 billion.| Ina Fried / Axios: |
| Annie Palmer / CNBC: |
Opendoor's new chairman Keith Rabois says “I don't know what most” of its 1400 employees do and the company doesn't need “more than 200 of them” — Opendoor co-founder and newly minted board chair Keith Rabois said remote work and a “bloated” workforce have been a drag … | Suzanne Smalley / The Record: |
Switzerland proposes regulations forcing service providers to collect user IDs and disable encryption, threatening its status as a haven for privacy tech firms — The Swiss government could soon require service providers with more than 5,000 users to collect government-issued identification … | Mark Gurman / Bloomberg: |
Sources: Robby Walker, one of Apple's most senior AI executives who was in charge of Siri until earlier this year, is leaving the company next month — Apple Inc.'s Robby Walker, one of the iPhone maker's most senior artificial intelligence executives, is leaving the company, according to people with knowledge of the matter.
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