Techmeme
March 23, 2023, 7:10 PM

Top News

Washington Post:
A recap of TikTok CEO Shou Chew's testimony before Congress, in which he struggled to address national security concerns over ByteDance's ownership of TikTok  —  TikTok by the numbers: How many people use the social media platform?  —  In China, a TikTok ban is opportunity for mockery
Ryan McMorrow / Financial Times:
Bloomberg:
Shou Chew's answers to hostile questioning did little to calm the bipartisan fury aimed at TikTok, instead giving critics more fuel to insist the US ban the app  —  TikTok Chief Executive Shou Chew's appearance in Congress on Thursday did little to calm the bipartisan fury directed at the viral video-sharing service.
Lauren Feiner / CNBC:
TikTok CEO Shou Chew tells Congress that “after Project Texas is done” China-based ByteDance employees will no longer be able to access US TikTok data  —  - TikTok CEO Shou Zi Chew told U.S. lawmakers that China-based employees at its parent company ByteDance may still have access to some U.S. data from the app.
OpenAI:
OpenAI rolls out ChatGPT plugins, including two of its own, a web browser and a code interpreter, and open sources the code for a knowledgebase retrieval plugin  —  We've implemented initial support for plugins in ChatGPT.  Plugins are tools designed specifically for language models with safety …
Kyle Wiggers / TechCrunch:
Expedia, Instacart, Kayak, Klarna, OpenTable, Shopify, Slack, Wolfram, Zapier, and others release the first third-party ChatGPT plugins  —  OpenAI's viral AI-powered chatbot, ChatGPT, can now browse the internet — in certain cases.  —  OpenAI today launched plugins for ChatGPT …
Ava Benny-Morrison / Bloomberg:
US prosecutors in New York charge Terraform Labs co-founder Do Kwon with eight counts, including securities fraud, commodities fraud, and wire fraud  —  Terraform Labs co-founder Do Kwon, who presided over a more than $40 billion cryptocurrency implosion last year, was charged with fraud by US prosecutors in New York.
Bloomberg:
Montenegro says police detained Terraform Labs co-founder Do Kwon when he tried to fly to Dubai using falsified Costa Rican travel documents  —  Terraform Labs co-founder Do Kwon, who presided over a more than $40 billion cryptocurrency implosion last year, was detained in Montenegro …
Reuters:
Block drops 10%+ after Hindenburg Research discloses a short position and alleges the company overstated user numbers and understated customer acquisition costs  —  Hindenburg Research said on Thursday it held short positions in Block Inc (SQ.N), alleging that the Jack Dorsey-led payments firm overstated …
Adi Robertson / The Verge:
The FTC proposes banning difficult-to-cancel subscriptions via “click to cancel” rules requiring companies to make ending a subscription as simple as signing up  —  The US Federal Trade Commission is proposing a formal ban on subscriptions that are simple to start but difficult to stop.
Bloomberg:
Sources: Apple plans to spend $1B per year to produce movies for release in thousands of theatres, a big increase from years past, seeking to grow TV+ awareness  —  Apple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar …
Giles Turner / Bloomberg:
Sources: Apple considers bidding for the streaming rights to a range of English soccer games, including to show Premier League games in the UK, following Amazon  —  Apple Inc. is considering bidding for the streaming rights to a range of English football games, according to people familiar …
Todd Spangler / Variety:
Steve Yegge / Sourcegraph Blog:
Why LLMs aren't a dumb fad like crypto, but the biggest thing since the World Wide Web, and on the coding front, the biggest thing since IDEs and Stack Overflow  —  Heya.  Sorry for not writing for so long.  I'll make up for it with 3000 pages here.  —  I'm just hopping right now.
Bryan Schott / Salt Lake Tribune:
Utah Gov. Spencer Cox signs two bills regulating social media apps, including requiring age verification for all users and permission from parents for minors  —  Gov. Spencer Cox, who signed the bills on Thursday, said the state is prepared for a legal fight over the tech company regulations.
Nikhilesh De / CoinDesk:
The US SEC sues Tron founder Justin Sun and his companies for the alleged “unregistered offer and sale of crypto asset securities” TRX and BTT, fraud, and more  —  The SEC alleged TRX, BTT are unregistered securities, and claimed Sun created an “extensive wash trading” program to boost their trading volume.
CNBC:

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Akash Sriram / Reuters: