Techmeme
May 16, 2023, 3:50 PM

Top News

Cat Zakrzewski / Washington Post:
A recap of the testimony from OpenAI CEO Sam Altman, IBM VP Christina Montgomery, and professor Gary Marcus at a US Senate Judiciary subcommittee hearing  —  OpenAI CEO Sam Altman will testify to Congress on AI like ChatGPT as regulations and oversight are being considered.
Financial Times:
Sam Altman tells Congress that AI regulation is “essential” but must let companies adapt to new tech, suggests safety measures and a licensing regime, and more  —  OpenAI's chief executive Sam Altman called on US lawmakers to regulate fast-advancing artificial intelligence technology …
Amanda Silberling / TechCrunch:
Apple unveils new cognitive, vision, and speech accessibility features for iOS, iPadOS, and macOS, like an AI voice that sounds like the user's, coming in 2023  —  Apple previewed a suite of new features today to improve cognitive, vision and speech accessibility.
Sarah Perez / TechCrunch:
Apple rolls out new concert discovery features, including Set Lists in Apple Music for select artists and Guides to local venues in Apple Maps for select cities  —  Apple is bringing concert discovery to two of its flagship apps, Apple Music and Apple Maps, the company announced today.
Abner Li / 9to5Google:
Google updates its inactivity policy: accounts inactive for at least two years will be deleted, except for those with YouTube videos, starting in December 2023  —  In 2020, Google said it would remove content stored in an inactive account (but not the account itself) to preserve storage space.
Kia Kokalitcheva / Axios:
Source: Twitter acquires recruiting startup Laskie for “tens of millions” in cash and stock, its first deal under Elon Musk; PitchBook: Laskie had raised $6M  —  Twitter appears to have made its first deal of the Elon Musk era: Buying a job-matching tech startup called Laskie, Axios has learned.
Rohan Goswami / CNBC:
The DOJ alleges ex-Apple engineer Weibao Wang stole info on Apple's autonomous tech, including source code, for a Chinese company working on a self-driving car  —  - Weibao Wang was charged with six counts of theft or attempted theft by prosecutors, who allege he stole troves of source code …
Washington Post:
The US announces charges, sanctions, and a $10M reward for info leading to the arrest of Russian national Mikhail Matveev, a Babuk ransomware campaign suspect  —  The Justice, Treasury and State departments announced a crackdown on global ransomware suspect Mikhail Matveev …
Alexandra Alter / New York Times:
Q&A with Michael Lewis on his FTX book, “Going Infinite: The Rise and Fall of a New Tycoon”, set to debut on October 3, visiting SBF, a possible trial, and more  —  About a year after the author Michael Lewis began to shadow Bankman-Fried, the founder of the crypto exchange FTX, Bankman-Fried was arrested.
CoinDesk:
The EU's Council approves the Markets in Crypto Assets rules, making the EU the first major jurisdiction with a crypto licensing regime, taking effect in 2024  —  The landmark Markets in Crypto Assets regulation was given final approval by the EU's Council, which also agreed a new law for sharing data on crypto tax holdings.
Casey Wagner / Blockworks:
In its response to a US federal court, the SEC says Coinbase has no right to compel the agency to issue guidelines for crypto companies “on a specific timeline”  —  The Securities and Exchange Commission has issued a response to Coinbase's complaint requesting the agency to establish regulatory clarity for the industry.
Ingrid Lunden / TechCrunch:
Meta spins out Kustomer, after acquiring the CRM startup for ~$1B in a deal that closed in 2022; Kustomer raises $60M at a reported $250M valuation  —  Meta's grand experiment in building an enterprise-ready customer service platform has come to a close: the parent of Facebook has officially spun …
Darrell Etherington / TechCrunch:
An interview with Kevin Systrom on Artifact's new writer features, serving writers as a key to the news app's growth, matching consumers with writers, and more  —  Artifact aims to unlock new, cross-platform audience relationships for people who write for a living
Alexander Osipovich / Wall Street Journal:
SEC court filings: Jump Trading secretly purchased tens of millions in TerraUSD to help keep its peg and made ~$1B in profit before the coin's May 2022 collapse  —  Chicago firm made about $1 billion through dealings with crypto mogul Do Kwon's company, according to the agency
Jessica Donati / Wall Street Journal:
Discord users scour servers for any remaining classified US military documents from the recent leak, after prosecutors indicated more could still be online  —  The government secrets leaked on Discord have become fodder for users seeking fun and attention  —  WASHINGTON—Videogame enthusiasts …
Financial Times:
As the European Central Bank prepares to pilot a digital euro in October 2024, consumers, financiers, and politicians question the project's aims and benefits  —  Europe's central bank is pushing ahead with the development of electronic currency even as politicians question its purpose

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