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February 23, 2023, 12:20 PM
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Top News

Shaurya Malwa / CoinDesk:
Coinbase launches Base, a Layer 2 network using Optimism's OP Stack, offering access to Ethereum, Solana, and others, and has no plans for new network tokens  —  Crypto exchange Coinbase (COIN) launched Base, a layer 2 network built using Optimism's OP Stack, to attract millions of new crypto users in the coming years.
Luca Bertuzzi / Euractiv:
Memo: the European Commission bans TikTok on corporate devices and personal devices using corporate apps, asking staff to uninstall the app by March 15  —  The EU executive's IT service has asked all Commission employees to uninstall TikTok from their corporate devices …
CoinDesk:
A US court unseals a superseding indictment against Sam Bankman-Fried containing 12 charges, up from the initial eight, including alleged bank fraud  —  FTX founder Sam Bankman-Fried faces additional charges, including bank fraud allegations, under a new indictment unveiled Thursday morning.
New York Times:
In its superseding indictment, the US charges that SBF and two unnamed FTX executives made 300+ “unlawful” political donations, including using customer funds
Max Weinbach / 9to5Mac:
Leaked iPhone 15 CAD files reveal a larger 6.2-inch display, Dynamic Island, a USB-C charging port, and more, after iPhone 15 Pro CAD files leaked last week  —  Apple's iPhone 15 is still months away from being announced, but we have some exciting news to share with you today.
Rosie Perper / CoinDesk:
Spotify tests “token-enabled playlists”, letting some NFT holders connect their wallets and listen to curated music, starting on Android in select countries  —  Music streaming Spotify is testing a new service called “token-enabled playlists,” which allows holders of non-fungible tokens …
Osato Avan-Nomayo / The Block:
Binance shut down the derivative trading accounts of retail users in Australia after an investigation found customers were misclassified as wholesale investors  —  Binance closed the derivative trading accounts of some wholesale investors in Australia after an investigation found that they didn't meet the criteria for such investors.
Emily Nicolle / Bloomberg:
After years of mismanagement and commingling funds, Binance plans to shift to a “semi-automated” model for handling reserves of its so-called B-Tokens
Jennifer Elias / CNBC:
Internal FAQ: Google asks Cloud employees and partners in its five largest US locations to share desks starting in Q2 and work from an office on alternate days  —  - The company's cloud unit has told employees that it will transition to a desk-sharing workspace in its five largest locations.
Davey Alba / Bloomberg:
Microsoft appears to have updated the new Bing to end chats following prompts mentioning “feelings” or “Sydney”, after adding chat restrictions on February 17
Nikkei Asia:
Sources: China's Luxshare takes over the Shanghai AR development team for Apple's headset from Taiwan's Pegatron; Foxconn will make a cheaper second-gen device  —  Reliance on a Chinese supplier for first-gen gadget a first for iPhone maker  —  TAIPEI — Apple has chosen China's Luxshare …
Todd Spangler / Variety:
YouTube rolls out multi-language audio tracks to more creators worldwide; creators saw 15%+ of their watch time from the video's non-primary language in January  —  After initial testing over the last few months, YouTube is rolling out access to multi-language audio tracks to more creators worldwide …
Steve Dent / Engadget:
Samsung announces a standardized 5G Non-Terrestrial Network (NTN) modem that will enable two-way communication between smartphones and satellites  —  There was speculation that Samsung could use smartphone-to-satellite technology in its Galaxy S23 much like Apple has for the iPhone 14, but that didn't happen in the end.
Taylor Hatmaker / TechCrunch:
Ben Rubin, who founded Meerkat and Houseparty, announces Towns, a protocol and a web-based chat app, and raised a $25.5M Series A led by a16z Crypto  —  After launching a pair of well-loved but ultimately star-crossed social apps, Ben Rubin is going all-in on decentralization.
Jon Haidt / After Babel:
An analysis of 100+ studies finds that social media is a major cause of mental illness in teen girls, not just a tiny correlate, especially after 2012  —  Journalists should stop saying that the evidence is just correlational  —  A big story last week was the partial release …
Adam Rawnsley / Rolling Stone:
Twitter under Elon Musk has yet to publish transparency reports detailing government content removal demands; the company published its last report in July 2022  —  “That shit went out the window right after Elon came in,” one former staffer says of Twitter's previously routine transparency reports
Blake Brittain / Reuters:
Letter: the US Copyright Office says a graphic novel's images that were generated using the AI tool Midjourney should not have been granted copyright protection  —  Images in a graphic novel that were created using the artificial-intelligence system Midjourney should not have been granted copyright protection …
New York Times:
After the US passed the industry-supported $52B CHIPS Act, chipmakers turn cutthroat to snag a bigger share of the federal cash, setting off a lobbying frenzy  —  Semiconductor companies, which united to get the CHIPS Act approved, have set off a lobbying frenzy as they argue for more cash than their competitors.
Jack Schickler / CoinDesk:
Filings: the SEC and NYDFS oppose Voyager's plan to sell its assets to Binance.US for $1.02B, alleging sales of unregistered securities like Voyager's VGX token  —  A $1.02 billion deal by Binance.US to purchase assets of defunct crypto lender Voyager has been opposed by New York …
Mozilla Foundation:
An analysis of the top 40 Android apps on Google Play finds that nearly 80% had discrepancies between their privacy policies and Google's Data Safety labels  —  The apps' privacy policies, however, both explicitly state that they share user information with advertisers, Internet service providers …

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This is a Techmeme archive page. It shows how the site appeared at 12:20 PM ET, February 23, 2023.

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From Mediagazer

Benjamin Mullin / New York Times:
The Onion, backed by some Sandy Hook families and Everytown for Gun Safety, buys Infowars in a bankruptcy auction, and plans a January 2025 relaunch as a parody

The Hollywood Reporter:
Disney expects to spend $24B on content in 2025, up from $23.4B in 2024, due to sports programming expenses rising after NFL rate increases and NBA contracts

Matthew Keys / The Desk:
Disney said Disney+ Q4 ARPU in the US and Canada, down 1% QoQ to $7.70, was affected partly by new wholesale arrangements with some distributors

More News

Arjun Kharpal / CNBC:
Alibaba reports Q3 revenue up 2% YoY to ~$35.9B, China Commerce revenue down 1% YoY to ~$24.6B, and net income up 69% YoY to ~$6.8B

Earlier Picks

Bloomberg:
A look at Twitter v. Taamneh and the US Supreme Court's struggle to determine whether social media companies can be held responsible for aiding terrorism
Kif Leswing / CNBC:
Nvidia reports Q4 revenue down 21% YoY to $6.05B vs. $6B est, Data Center revenue up 11% YoY to $3.62B, and Q1 revenue guidance above estimates; NVDA jumps 12%+
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