Techmeme
May 5, 2023, 4:20 PM

Top News

Mengqi Sun / Wall Street Journal:
New York's AG proposes the Crypto Regulation, Protection, Transparency and Oversight Act, or CRPTO, seeking broader enforcement authority over crypto companies  —  Proposed legislation would require crypto exchanges to have independent public audits of financial statements, among other new requirements
Dave Michaels / Wall Street Journal:
Coinbase plans to try a novel defense against a potential US SEC enforcement action by arguing the regulator bears some responsibility for approving its IPO  —  Crypto exchange says regulators' lawsuit threat is undermined by clearance of IPO  —  With the Securities and Exchange Commission preparing …
Eric Berger / Ars Technica:
Airbus, Eutelsat, SES, Thales, and other European satellite companies plan to bid for the IRIS² satellite constellation, to rival SpaceX's Starlink in the EU  —  The bid includes large players such as Airbus Defence and Space, Eutelsat, and SES.  —  A consortium of nearly every major …
Alex Konrad / Forbes:
A look at the ByteDance investors who have billions in paper profits blocked by the US regulatory standoff over TikTok; source: Sequoia China holds a 10%+ stake  —  The world's most valuable startup does more than any other investment to put VCs on the Forbes Midas List, including its No. 1.
Catherine Shu / TechCrunch:
Jakarta-based Praktis, which sells end-to-end supply chain software to direct-to-consumer brands and suppliers, raised a $20M Series A led by East Ventures  —  Small to medium-sized enterprises contribute 60% of Indonesia's gross domestic product.  But companies in the D2C space still struggle to compete against bigger brands.
Bloomberg:
Source: a leaked April 2023 internal document by Luke Sernau, a senior software engineer at Google, argues that open-source AI will outcompete Google and OpenAI  —  A senior software engineer at Google wrote a critique asserting that the internet search leader is losing its edge …
Joseph Menn / Washington Post:
A judge sentences former Uber CSO Joe Sullivan to three years of probation, after his October 2022 conviction for covering up a 2016 data breach from regulators  —  The first corporate executive convicted of a crime related to a data breach by outsiders is sentenced to probation and fined

Sponsor Posts

Google:
Gemini 2.5 Pro: Our most intelligent AI model  —  Gemini 2.5 Pro is now available, with thinking capabilities, enhanced performance, and improved accuracy.  Try it at no cost in the Gemini app.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future  —  Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
Leveraging design tool extensions in Cliq: A designer's guide to Figma, Lucidchart, and Miro  —  Picture this: you're deep in a pixel-perfect Figma mock-up, bouncing between chats and emails, when someone pings you for feedback on a Lucidchart workflow.
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.

Featured Podcasts

Techmeme Ride Home:
Microsoft Build 2025
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Spotlight On:
Tines's Eoin Hinchy on rejecting the playbooks
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Invest Like the Best:
Gustav Söderström - How Spotify Thinks
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
Decoder with Nilay Patel:
Microsoft CTO Kevin Scott on how AI can save the web, not destroy it
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Grit:
From Scaling Cisco to Seeding AI: John T. Chambers on Speed, Strategy, and Reinvention
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Microsoft CPO: If you aren't prototyping with AI you're doing it wrong | Aparna Chennapragada
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 4:20 PM ET, May 5, 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.

More News

Ina Fried / Axios:
Bill Peters / MarketWatch:
Richard Lawler / The Verge:

Earlier Picks

Emma Roth / The Verge:
Ilya Banares / Bloomberg:
David McCabe / New York Times:
Tom Warren / The Verge: