Techmeme
May 10, 2023, 1:15 PM

Top News

Google on YouTube:
Livestream of the Google I/O 2023 keynote  —  Tune in to find out how we're furthering our mission to organize the world's information and make it universally accessible and useful.
Abner Li / 9to5Google:
Foo Yun Chee / Reuters:
Sources: EU regulators are expected to approve Microsoft's Activision acquisition next week, most likely on May 15, three weeks after the UK blocked the deal  —  EU antitrust regulators are set to approve Microsoft Corp's (MSFT.O) $69 billion acquisition of Activision (ATVI.O) next week …
Yogita Khatri / The Block:
Tether reports a $1.5B net profit in Q1, $2.44B in excess reserves, and $81.8B+ in assets as of May 9, including $1.5B+ in bitcoin and $3.3B+ in precious metals  —  - Tether reported $1.5 billion of net profit for the first quarter — more than double its Q4 2022 net profit.
Randall Chase / Associated Press:
A US judge dismissed a shareholder lawsuit against Block over its 2021 Tidal acquisition, saying the company was “free to make a terrible business decision”  —  A Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition …
Taylor Hatmaker / TechCrunch:
The American Psychological Association issues an advisory on social media use by adolescents, saying social networks are “not inherently beneficial or harmful”  —  One of the most prominent mental health organizations in the U.S. is out with a set guidelines designed to protect children …
Financial Times:
Uber launches flight bookings on its UK app in partnership with travel booking company Hopper as part of its efforts to become a travel “super app”  —  Ride-booking giant expands offering after rolling out train, coach and Eurostar ticket tool  —  Uber has launched flight bookings …
Andrew Hutchinson / Social Media Today:
Twitter lets users reply directly to any DM with a threaded message and react to messages with a wider range of emojis  —  Twitter has released two new updates for DMs, which have been in the works for a few months, but are now getting a full launch in the app.
Bloomberg:
Sources: Jump Crypto and Jane Street are pulling back from US crypto trading over regulatory uncertainty; Jump is expanding globally while Jane scales back  —  Jane Street Group and Jump Crypto — two of the world's top market-making firms — are pulling back from trading digital assets …
Molly White:
A critique of a16z's State of Crypto 2023 report, which seems to be an exercise in propaganda with the sole goal of bolstering the VC firm's bottom line  —  Venture capital firm and crypto pusher Andreessen Horowitz wants you to keep buying crypto, and is not above publishing blatant falsehoods to convince you to do so.
Cristiano Lima / Washington Post:
Sam Altman plans to testify to Congress for the first time on May 16 about AI oversight, alongside IBM VP Christina Montgomery and professor Gary Marcus  —  Sam Altman, the OpenAI chief, will appear for the first time as AI scrutiny soars in Washington  —  OpenAI CEO Sam Altman will testify …
Deborah Acosta / Wall Street Journal:
As Miami prepares to host Bitcoin 2023 on May 18, the city and mayor Francis Suarez, who still receives his salary in bitcoin, have mostly moved on from crypto  —  On the eve of the annual bitcoin conference, the city and its mayor have mostly moved on from crypto
Ashley Capoot / CNBC:
Emma Roth / The Verge:
UK citizen Joseph James O'Connor, aka PlugwalkJoe, pleads guilty for his role in the July 2020 Twitter hack affecting high-profile accounts and other crimes  —  PlugwalkJoe, aka Joseph James O'Connor, a UK citizen connected to the 2020 Twitter hack affecting many high-profile accounts …
Scott J Shapiro / The Guardian:
A profile of Dark Avenger, a pseudonymous PC virus writer from Bulgaria who gained notoriety in the 1990s after the country became known as the “virus factory”  —  Bulgaria in the 1980s became known as the ‘virus factory’, where hundreds of malicious computer programs were unleashed to wreak havoc.
Bloomberg:
How Tokyo-based Rapidus is trying to become a globally competitive chipmaker by 2027, aiming to mass produce 2nm chips two years after leaders TSMC and Samsung  —  Tetsuro Higashi is taking on what seems like an impossible task: Create a globally competitive semiconductor manufacturer in Japan from scratch - and do it in four years.
Jennifer Pattison Tuohy / The Verge:
Roku expands its smart home lineup with a $99 home monitoring system, a solar panel to power its outdoor camera, and a multicolored LED strip light  —  Roku is expanding its smart home lineup and adding a smart security system, a solar panel to power its outdoor camera, and a multicolored LED strip light to its offerings.

Sponsor Posts

Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
SignalFire:
SignalFire raises another $1 billion to back applied AI startups  —  We build AI too.  It tracks 650M tech employees so we can help companies with recruiting and GTM across enterprise, infra, healthcare, security, and consumer.
Zoho:
How to turn employees into your brand's biggest supporters  —  Turning your employees into your brand's biggest advocates is one of the most powerful ways to grow your brand.  When employees feel connected to your mission …
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:
The Prompt Engineer That Never Was...
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Grit:
From White House to Wall Street: David Rubenstein
Grit explores what it takes to create, build and scale world-class organizations.
Subscribe to Grit.
Lenny's Podcast:
Inside monday.com's transformation: radical transparency, impact over output, and their path to $1B ARR | Daniel Lereya (Chief Product and Technology Officer)
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.
Hard Fork:
Is Google Breaking Up? + Seasteading Is Back + Tool Time
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Logan Bartlett Show:
Blake Scholl (Founder and CEO, Boom Supersonic) on Why Supersonic Flight Failed & How Boom is Bringing it Back
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:15 PM ET, May 10, 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

Geoffrey A. Fowler / Washington Post:
Kirsten Korosec / TechCrunch:
Washington Post:

Earlier Picks

Jordan Pearson / VICE:
James Vincent / The Verge:
Filipe Espósito / 9to5Mac:
Kyle Wiggers / TechCrunch:
AJ Vicens / CyberScoop: