Techmeme
April 17, 2023, 1:50 PM

Top News

Nikhilesh De / CoinDesk:
The SEC sues Bittrex and its ex-CEO for allegedly operating an unregistered securities exchange, claiming tokens like Algorand and Omise Go are securities  —  The agency said Bittrex failed to register as an exchange, broker or clearing agency.  The U.S. Securities and Exchange Commission alleged …
William Gallagher / AppleInsider:
Apple launches its Apple Card Savings account, letting users deposit Daily Cash rewards into a 4.15% high-yield account, after announcing it in October 2022  —  Months after its first announcement, Apple Savings is now available to Apple Card users, with users able to route Daily Cash rewards …
Jenni Reid / CNBC:
Sega acquires Rovio, best known for its Angry Birds franchise, for €706M  —  - The deal would be for the entirety of Rovio's outstanding shares and options, valuing them at 9.25 euro per share, a roughly 19% premium to their closing price before the announcement, Sega said.
Sankalp Phartiyal / Bloomberg:
Source: Apple's revenue in India hit a record ~$6B in the year ended March, up ~50% YoY from $4.1B; Tim Cook is set to open India's first Apple stores this week  —  Apple Inc.'s sales in India hit a new high of almost $6 billion in the year through March, highlighting the market's increasing importance …
Benj Edwards / Ars Technica:
A look at autonomous AI agents like Auto-GPT and BabyAGI, which perform multistep tasks by iteratively taking output from GPT-4 and feeding it back into itself  —  AutoGPT and BabyAGI run GPT AI agents to complete complex tasks iteratively.  —  Since the launch of OpenAI's GPT-4 API …
CTech:
Sources: Tel Aviv-based QuaDream is shutting down, after Microsoft and Citizen Lab said its mercenary spyware is being used to hack journalists and others  —  It was reported last week that the Israeli firm's hacking tools have been used against journalists, opposition figures and advocacy organizations across at least 10 countries
Mark Savage / BBC:
A song that uses AI to clone the voices of Drake and The Weeknd without the artists' permission goes viral on social media  —  A song that uses Artificial Intelligence to clone the voices of Drake and The Weeknd has gone viral on social media.  —  Called Heart On My Sleeve …
Nikhilesh De / CoinDesk:
A US House Committee publishes a draft stablecoin bill proposing a moratorium on stablecoins backed by other cryptocurrencies, requesting a CBDC study, and more  —  The stablecoin bill is the first major piece of crypto legislation in 2023.  —  The U.S. House Financial Services Committee published …
Amanda Silberling / TechCrunch:
Netflix's second ever livestream hit technical issues, leading to a 75+ minute delay and the company taping the Love is Blind reunion episode for later viewing  —  Netflix had some serious issues with the livestream of its “Love is Blind” reunion episode.  We always knew the livestream would be messy …
Sam Biddle / The Intercept:
Contract docs reveal the Georgia National Guard plans to use location-based phone surveillance to target ads using geofences around 67 local public high schools  —  The Georgia Army National Guard plans to combine two deeply controversial practices — military recruiting at schools …
Max Tani / Semafor:
Spotify plans to drop its paywall on some of Gimlet's podcasts and change its exclusivity rules in the coming months; Spotify acquired Gimlet for $230M in 2019  —  Staff at the podcast studio Gimlet staff have been told in recent weeks that Spotify plans to drop its subscription wall around some of the studio's shows.
Ingrid Lunden / TechCrunch:
Barcelona-based Innovamat, which makes tools for teaching math, raised a $21M Series A led by Reach Capital, after starting its first K-5 pilots in the US  —  When it comes to education, mathematics has long been considered one of the most challenging of subjects both to learn and to teach.
Ingrid Lunden / TechCrunch:
Berlin-based e-commerce aggregator Razor Group raised an €80M Series C, sources say at a $1.2B valuation, and buys its rival Stryze Group in an all-share deal  —  The business of being an e-commerce aggregator may be down but it is definitely not out.  —  Razor Group, one of the string …

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