Techmeme
April 25, 2023, 2:10 PM

Top News

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
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:
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 …
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 …
Alex Thompson / Axios:
Following Biden's reelection campaign announcement, the Republican National Committee publishes an attack ad featuring AI-generated images, some including Biden  —  - The video features AI-created images appearing to show Biden and Vice President Kamala Harris celebrating at an Election Day party …
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 …
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.
Andrew J. Hawkins / The Verge:
GM's Cruise says it is now operating its “small” fleet of driverless robotaxis in San Francisco 24/7, expanding to daylight hours; the unit lost $561M in the Q1  —  Cruise, the autonomous vehicle division of General Motors, is now operating a “small” fleet of driverless robotaxis …
Kyle Wiggers / TechCrunch:
Nvidia open sources NeMo Guardrails, a developer toolkit designed to help make text-based generative AI apps more “accurate, appropriate, on topic, and secure”  —  For all the fanfare, text-generating AI models like OpenAI's GPT-4 make a lot of mistakes — some of them harmful.
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 …

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More News

Mariella Moon / Engadget:
Foo Yun Chee / Reuters:
Annachiara Biondi / Financial Times:
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Earlier Picks

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