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May 15, 2023, 8:05 AM
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| Mark Gurman / Bloomberg: |
Developer logs: Apple tests an M3 with 12 CPU cores, 18 GPU cores, and 36GB of RAM; Meta pulls Messenger from Apple Watch and launches WhatsApp on WearOS — As Apple prepares to launch its next M2 Macs, the company is already ramping up testing of M3 chips.
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| Stefania Palma / Financial Times: |
US crypto tsar Eun Young Choi says the DOJ is targeting exchanges alongside “mixers and tumblers” to stop illicit behavior, aiming to “send a deterrent message” — The justice department is stepping up scrutiny of an industry wracked by scandal and volatility
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PYMNTS.com, CoinDesk, Coinpedia Fintech News, Reuters, CryptoSlate, NewsBTC, Cointelegraph, crypto.news, CoinGape, and Watcher Guru
| Malcolm Harris / Wired: |
A profile of Douglas Rushkoff, an internet theorist since the 1990s and a former techno-optimist who all but renounced being a digital revolution spokesperson — The former techno-optimist has taken a decisive political left turn. He says it's the only human option.| Bloomberg: |
How Sea, one of Southeast Asia's largest internet companies that burned billions of dollars for marketshare, made huge cuts to turn its first profit in 14 years — Just over a year ago, Forrest Li was laid up in bed with Covid, fretting about the future of his company …
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Tech in Asia. LinkedIn:
Olivia Poh. Tweets:
@pelstrom, @bloombergasia, @notchasecoleman, and @pelstrom
| Christopher Mims / Wall Street Journal: |
Research finds that AI assistants may be able to influence users without them knowing, akin to humans swaying one another through collaboration and social norms — AI assistants may be able to change our views without our realizing it. Says one expert: 'What's interesting here is the subtlety.'| Kate King / Wall Street Journal: |
Nearly half of online footwear, apparel, and accessories brands tracked by Coresight have expanded to physical stores due to rising digital advertising costs — Warby Parker planned to sell glasses online and shake up retailing. Now it's discovered the value of real stores—900 of them, in fact.
LinkedIn:
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| Riya Sharma / Reuters: |
Australia-based gambling machine maker Aristocrat Leisure agrees to acquire Israel-based NeoGames, which builds tech for online real-money gaming, for over $1B — Australia's Aristocrat Leisure (ALL.AX) on Monday said it has entered a deal to acquire Israel-based software firm NeoGames S.A. …
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| Jared Newman / Fast Company: |
Pluto TV co-founder Ilya Pozin's Telly opens a waitlist to give away 500,000 55-inch 4K HDR TVs in 2023 with a second screen that constantly shows ads — Would you take a free TV if it constantly ran banner ads beneath everything you watched? — That's the proposition for Telly … | Emily Nicolle / Bloomberg: |
A survey of 60 major crypto companies in Q1 on the state of governance and controls finds many operate outside the norm; around half engage an external auditor — Before it filed for bankruptcy last November, many of the entities in Sam Bankman-Fried's colossal FTX empire had never held a board meeting.| Randall Chase / Associated Press: |
A Delaware judge rules in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging the company overpaid for Netsuite's $9.3B acquisition in 2016 — A Delaware judge has ruled in favor of Oracle founder Larry Ellison in a shareholder lawsuit alleging that he coerced … | Tage Kene-Okafor / TechCrunch: |
Kenya-based M-KOPA, an asset financing service offering African customers access to “productive assets” and digital payments, raised $55M equity and $200M+ debt — M-KOPA, the asset financing platform that offers underbanked African customers access to “productive assets” …
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FinSMEs, Finextra, Reuters, TechCabal, and WeeTracker
| Associated Press: |
The TSA is testing facial recognition tech at 16 US airports, calling the pilot voluntary and accurate, as critics raise bias, privacy, and consent concerns — A passenger walks up to an airport security checkpoint, slips an ID card into a slot and looks into a camera atop a small screen.Sponsor Posts
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