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June 23, 2022, 9:55 AM
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| Jeffrey Dastin / Reuters: |
Amazon is working on letting Alexa mimic any voice after hearing less than a minute of audio, as a way to “make the memories last” of deceased family members — Amazon.com Inc (AMZN.O) wants to give customers the chance to make Alexa, the company's voice assistant, sound just like their grandmother — or anyone else.
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Gizmodo, TechCrunch, YouTube, Sky News, CNBC, The Guardian, Engadget, Amazon Science, Android Authority, The Verge, XDA Developers, Silicon Republic, ZDNet, New York Post, Android Headlines, Neowin, CNET, iMore, PhoneArena, Digital Trends, Complex, MobileSyrup, Phandroid, and International Business Times
Tweets: @jannwolfe, @racheltobac, @normative, @katecrawford, @oliviasolon, @mikebutcher, @neontaster, @kasie, @ditzkoff, @upulie, @tomwarren, @bendreyfuss, @pwnallthethings, @hedgeye, @jjvincent, @sirajahashmi, @bigblackjacobin, @joshgnosis, @katienotopoulos, @skynews, @vibhor_chhabra, and @zeldawilliams
| Sander Lutz / Decrypt: |
Coinbase plans to shut down its standalone, trader-focused Pro service by the end of 2022 and replace it with Advanced Trade across its main app and website — The standalone service will be replaced by Advanced Trade, a feature within the main Coinbase app.
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The Coinbase Blog, The Block, CoinDesk, Cointelegraph, CryptoPotato, Cryptopolitan, Blockworks, Ethereum World News, and Benzinga
Tweets: @rager, @mdudas, @iamtexture, @fintechfrank, @worm_emoji, @scottshapiro, @titanxbt, @8bit, and @rleshner
| Maddie Ellis / Wall Street Journal: |
Instagram begins testing tools to verify ages, starting with 17 or under, using either Yoti's facial analysis tech, photo IDs, or adults vouching for users — Meta's new policy will make it tougher for teens to update to adult accounts. But they can still lie about their age in the first place
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TechCrunch, Meta, The Verge, Protocol, Instagram, 9to5Mac, The Guardian, Engadget, The Economic Times, Washington Post, Cybernews.com, Axios, and PhoneArena
Tweets: @getyoti, @mosseri, @mattnavarra, and @markscott82
| New York Times: |
Sources: the metaverse, not securing elections, is now Mark Zuckerberg's top priority; Meta has ~60 people focused on elections, down from 300 in 2020 — Mark Zuckerberg, who once said securing elections was “the most important thing,” has shifted Meta's focus to the metaverse.| Wall Street Journal: |
An in-depth look at the LUNA and UST fallout, as Do Kwon says he has been “devastated” but has “great confidence in our ability to build back even stronger” — Luna's relaunch might be the ultimate act of chutzpah by the South Korean entrepreneur
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Fortune, CryptoPotato, networked, Coinspeaker, CoinGeek, and The Block
Tweets: @aosipovich, @aosipovich, @mbrookerhk, @matigreenspan, @fatmanterra, @aosipovich, and @wublockchain
| Bloomberg: |
A profile of Changpeng Zhao, who built Binance into the largest crypto exchange, as he navigates a regulatory crackdown in a brutal crypto winter — During the first few months of this year—back when buying digital tokens named after dog memes was still seen, at least in some of the most …
Tweets: @sidcoins, @ncallanan, @justinaknope, @fintechfrank, @frxresearch, @highyieldharry, @chafkin, @chafkin, @chafkin, @calvinayre, @emilyjnicolle, and @alastairjmarsh
| Mitchell Clark / The Verge: |
Meta rebrands Facebook Pay as Meta Pay; Mark Zuckerberg says Meta is working on an interoperable “wallet for the metaverse” that will have “proof of ownership” — Also, the Meta Pay rebrand is here — Mark Zuckerberg announced on Wednesday that Facebook Pay …
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about.fb.com, Protocol, The Economic Times, Fossbytes, Engadget, CryptoSlate, CNBC, Cointelegraph, CNBC, Social Media Today, Khaleej Times, and Laptop Mag
| Financial Times: |
Singapore's fintech policy chief says the country will be “brutal and unrelentingly hard” on “any market bad behaviour” in the crypto industry — Stance marks shift in rhetoric from city-state that had courted digital currency companies
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Finbold, CoinDesk, and The Block
Tweets: @techwontsaveus, @wublockchain, @davidgura, @katie_martin_fx, and @deweysim
| Francisco Pires / Tom's Hardware: |
Cerebras says its “wafer-scale” chip sets a record for the largest AI model trained on a single device with up to 20B parameters — Democratizing large AI Models without HPC scaling requirements. — Cerebras, the company behind the world's largest accelerator chip in existence …
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Silicon Republic, Business Wire, VentureBeat, Protocol, HPCwire, SiliconANGLE, Protocol, and insideHPC
Tweets: @peterjansen_ai and @karlfreund
| Wall Street Journal: |
Sources: Comcast and Google have emerged as the top contenders to help Netflix develop an ad-supported tier, and Netflix has discussed ad partnerships with Roku — Deals with the streaming company could include exclusive agreements and revenue-sharing — Comcast Corp.'s NBCUniversal …
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9to5Mac, Search Engine Land, Mashable, The Hollywood Reporter, The Economic Times, PYMNTS.com, 9to5Google, and Tubefilter
Tweets: @matt_cochrane7, @digitalshields, and @asharma
| Washington Post: |
The Senate's $52B US chip production bill, passed in June 2021, has become mired in unrelated disputes, like climate provisions, delaying the release of funds — Proponents are racing to salvage a bipartisan measure that would provide $52 billion for domestic chip production| Bill Toulas / BleepingComputer: |
Brave says its search engine had 411.7M queries in May, up ~5,000% since its June 2021 launch, and launches Goggles, which lets users customize searches — Brave Search, the browser developer's privacy-centric Internet search engine, is celebrating its first anniversary after surpassing 2.5 billion queries …
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GitHub, Wired, Brave Browser, The Verge, Engadget, PCMag, and TechRadar
Tweets: @brave, @brave, @perpetualmaniac, @brave, and @brendaneich
| Cristiano Lima / Washington Post: |
Senate Commerce Chair Maria Cantwell says she does not support the bipartisan privacy bill, a significant blow to long-stalled federal data protections — Senate Commerce Chair Maria Cantwell said she's not close to supporting a major proposal, dealing a significant blow to efforts to revive the long-stalled bill
More:
CSO and 9to5Mac
Tweets: @jduballreports, @viacristiano, @jedbracy, @viacristiano, @viacristiano, @wbm312, and @billmcgev
| Financial Times: |
London-based payments services company SumUp raised €295M equity and €295M debt at an €8B valuation; a January report said it targeted an up to €20B valuation — London-based payment-services group had earlier hoped to raise funds at €20bn pricetag
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EU-Startups, Reuters, PYMNTS.com, TechCrunch, Silicon Canals, Tech.eu, Bloomberg, and Tech News
| Natasha Mascarenhas / TechCrunch: |
MasterClass, which offers celebrity-taught online classes, lays off ~120 employees, or 20% of its team; sources: MasterClass was valued at $2.75B in May 2021 — MasterClass, an education platform that sells subscriptions to celebrity-taught classes, has cut 20% of its team to … | Manish Singh / TechCrunch: |
India-based Cashify, a marketplace for selling and buying used smartphones and other gadgets, has raised a $90M Series E, bringing its total funding to $130M+ — Cashify, a marketplace for gadgets trade-ins and buybacks in India, has raised $90 million in a new financing round as it looks …
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Entrackr, Tech in Asia, YourStory.com, Business Standard, and The Economic Times
| Bloomberg: |
Seeking to regain relevance, screenshots show Clubhouse is testing private rooms, called Houses, to encourage friendlier social interactions — Clubhouse, the voice chat app that captured the attention of Hollywood and Silicon Valley early in the pandemic, is experimenting with a new feature that lets users join private groups.
Tweets: @stevekovach, @iiiitsandrea, @strngwys, @yoda, and @lanceulanoff
| Nilesh Christopher / Rest of World: |
A hacktivist claims DALL-E-like Craiyon, formerly DALL-E mini, generated images of brown-skinned women in saris almost every time he ran a blank search request — The images represent a glitch in the system that even its creator can't explain. — Like most people who are extremely online …
Tweets: @mtrc, @nilchristopher, @sub8u, @flitteronfraud, and @anupkaphle
| Ingrid Lunden / TechCrunch: |
JobGet, a job marketplace for salaried or hourly workers, raised a $52M Series B, comprising $40M equity and $12M debt — LinkedIn, now with more than 830 million users, has carved out a place for itself as a hub for the world of professional workers: a social network optimized for for people … | Annie Njanja / TechCrunch: |
Ghana-based Fido, which offers financial tools and loans to individuals and businesses via its mobile app, raised a $30M Series A led by Fortissimo Capital — After extending credit to thousands of customers over mobile phones since 2015, Ghana-based fintech Fido is now in search …
More:
PYMNTS.com and FinSMEs
| Reuters: |
Sources: eight buyout offers taking Toshiba private value the deal at up to ~$22B, a 27% premium on its stock; Toshiba had two offers that would keep it public — Bidders for Toshiba Corp (6502.T) are considering offering up to 7,000 yen ($51.41) per share to take the troubled Japanese conglomerate private … Sponsor Posts
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