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April 25, 2023, 11:50 AM
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Top News

André Beganski / Decrypt:
Coinbase asks a US federal court to force the SEC to respond to a petition Coinbase filed in July 2022, demanding clearer crypto regulations  —  The cryptocurrency exchange filed the petition along with a long list of questions last July. … Coinbase Chief Legal Officer Paul Grewal wrote …
Jordan Pearson / VICE:
Elon Musk seems to have revealed a burner Twitter account, @ErmnMusk, created in November 2022 and featuring bizarre tweets like “Do you like Japanese girls?”  —  Musk tweeted a screenshot on Monday evening which appeared to show him signed into a second account.
Matt Binder / Mashable:
Elon Musk posts a screenshot showing 24.7K Twitter subscribers, or ~0.018% of his 136M+ followers, paying for tweets, Spaces, and more, earning him ~$100K/month  —  Musk is making around $100,000 from Twitter users subscribing to his paywalled content.  —  After this weekend's Twitter Blue drama …
Dan Milmo / The Guardian:
The UK announces legislation to tackle the “excessive dominance” of Big Tech by empowering the CMA's Digital Markets Unit, expected to become law in 2024  —  Global companies like Google, Apple and Amazon could have to pay penalties of up to 10% of their global turnover as government gives competition watchdog more power
Anne Steele / Wall Street Journal:
Spotify reports Q1 revenue up 14% YoY to €3B, ad revenue up 17% YoY to €329M, MAUs up 22% YoY to 515M, Premium Subscribers up 15% YoY to 210M, and a €225M loss  —  Audio streaming giant posted lower-than-expected revenue gains as ad spending cooled Spotify Technology SA reported …
Bloomberg:
South Korea indicts Terraform Labs co-founder Daniel Shin and nine others on multiple charges and freezes ~$184.7M in assets from them so far  —  South Korea indicted Terraform Labs co-founder Daniel Shin along with nine others on multiple charges including violations of capital markets law.
Jon Porter / The Verge:
WhatsApp expands its multi-device feature to let the same account be used across multiple smartphones, a long-requested feature  —  WhatsApp users are no longer restricted to using their account on just a single phone.  Today, the Meta-owned messaging service is announcing that its multi-device feature …
Sean Hollister / The Verge:
AMD announces the Ryzen Z1 and Ryzen Z1 Extreme, a pair of 4nm CPUs aimed at handheld gaming PCs; Z1 Extreme offers eight Zen 4 cores and 12 RDNA 3 GPU cores  —  But the company's now saying the quiet part out loud: today, it's officially announcing the AMD Ryzen Z1 and Ryzen Z1 Extreme …
Abner Li / 9to5Google:
Google updates Google Authenticator for Android and iOS with a new icon and Google Account synchronization, letting users back up their 2FA codes to the cloud  —  Google is finally addressing a big gap of its 2FA (two-factor authentication) code app by adding sync capabilities …
Foo Yun Chee / Reuters:
Thierry Breton says EU Digital Services Act content rules will apply to Apple, Meta, Google, TikTok, Twitter, Wikipedia, YouTube, and others from August 2023  —  Five Alphabet (GOOGL.O) subsidiaries, two Meta Platforms (META.O) units, two Microsoft (MSFT.O) businesses, Twitter and Alibaba's …
Xerox Newsroom:
Xerox donates the Palo Alto Research Center, which the company founded in 1970 and spun out as a wholly owned subsidiary in 2002, to nonprofit SRI International  —  PARC researchers to continue developing pioneering technologies while Xerox focuses on core print, digital and IT services to support clients' hybrid workplace needs.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:50 AM ET, April 25, 2023.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Brian Stelter / CNN:
In a letter to Bob Iger, incoming FCC Chair Brendan Carr raised concerns about ABC's negotiations with its affiliated stations, public trust in media, and more

Todd Spangler / Variety:
Fubo says TelevisaUnivision has pulled its networks from Fubo and that TelevisaUnivision offered terms “that would increase prices by 25%” for Fubo subscribers

Cecilia D'Anastasio / Bloomberg:
Riot Games says it spent $250M on an unusual deal to finance two seasons of League of Legends show Arcane on Netflix; sources: there was no plan to recoup costs

More News

Annachiara Biondi / Financial Times:
On TikTok, guides to buying “dupes” of pricey luxury items are gaining a following and sparking a debate over knock-offs; #dupes has 2.1B views and #Reps 1.9B
Timothy B Lee / Understanding AI:
AI will have a significant impact on the economy, but as with the internet, the impact will be concentrated in information-focused industries and occupations

Earlier Picks

Max Tani / Semafor:
With Facebook's pivot away from news and Twitter's decay, media outlets return to digital media's foundational concepts of the early 2000s like homepage traffic
James Hercher / AdExchanger:
On April 23, a Meta ad system glitch caused some campaigns to overspend by more than double their daily cost cap; 10+ agencies say Meta gave next to no feedback
Christian Vasquez / CyberScoop:
A group of operational technology cybersecurity vendors launches ETHOS, an open-source portal for sharing early warnings about critical infrastructure threats
Tim Keary / VentureBeat:
Google announces Google Cloud Security AI Workbench, powered by the Sec-PaLM LLM, to rival tools like Microsoft's GPT-4-based Security Copilot
Malathi Nayak / Bloomberg:
A US appeals court affirms a lower court's 2021 ruling largely rejecting claims by Epic that Apple's App Store policy banning third-party app stores is illegal
Javier Espinoza / Financial Times:
Sources: to avoid a formal antitrust investigation by EU regulators, Microsoft agrees to stop bundling Teams with Office, after a complaint from Slack to the EU
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