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May 16, 2023, 11:15 PM
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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 …
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.
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.
Chance Miller / 9to5Mac:
Apple touts $2B+ in App Store fraud stopped in 2022, nearly 3.9M stolen credit cards blocked, 147M+ ratings/reviews removed, and 428K developer accounts closed  —  Apple is out with a new press release today touting the success of the App Store's ability to prevent fraud.
Judith Bannermanquist / Cointelegraph:
Crypto wallet company Ledger faces criticism after it unveiled an optional seed phrase recovery subscription service that some security experts say is insecure  —  Many members of the crypto community believe Ledger's latest seed phrase recovery feature is a bad idea.  —  362 Total views
Rohan Goswami / CNBC:
The US DOJ alleges former Apple engineer Weibao Wang stole 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 suspect Mikhail Matveev, with economic sanctions and a $10 million reward for his arrest
Ingrid Lunden / TechCrunch:
IBM acquires cloud data protection startup Polar Security, a source says for ~$60M, and plans to integrate Polar into its Guardium unit, itself acquired in 2019  —  Update: IBM has now confirmed the news and said Polar will be integrated into its Guardium unit (itself based on an acquisition from way back in 2009).
CNBC:
In an interview, Elon Musk discussed acquiring Twitter, defended his inflammatory tweets, called tech workers the “laptop class living in la-la-land”, and more  —  Tesla CEO Elon Musk sat down for a sprawling interview with CNBC anchor David Faber on Tuesday following .
Emma Roth / The Verge:
Zoom plans to add Anthropic's AI chatbot Claude across its platform, starting with Contact Center; the company didn't detail the integration for other areas  —  Zoom is partnering with Anthropic to integrate the company's AI assistant across its productivity platform.
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 …
Bill Peters / Marketwatch:
Rumble acquires podcasting and livestreaming service Callin; former PayPal COO and Callin's co-founder David Sacks plans to join Rumble's board of directors  —  'I strongly support Rumble's unwavering commitment to free speech in the face of growing censorship and government overreach …
CNBC:
Google Cloud launches two AI-powered tools that aim to help biotech and pharmaceutical companies accelerate drug discovery and advance precision medicine  —  - Google Cloud launched two new AI-powered solutions that aim to help biotech and pharmaceutical companies accelerate drug discovery and advance precision medicine.
Kyle Wiggers / TechCrunch:
Hippocratic AI, which is building an LLM for health care, raised a $50M seed co-led by General Catalyst and a16z at a valuation in the “triple digit millions”  —  AI, specifically generative AI, has the potential to transform healthcare.  —  At least, that sales pitch …
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.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:15 PM ET, May 16, 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.

From Mediagazer

Benjamin Mullin / New York Times:
Memo: WaPo CEO Will Lewis tells staff they'll be expected to work from the office five days a week, instead of three, by June 2, and by February 3 for managers

Sean Burch / The Wrap:
News Corp reports Q1 revenue up 3% YoY to $2.58B, net income up 148% YoY to $144M, Dow Jones revenue up 3% YoY to $552M, and WSJ subscriptions up 7% YoY to 4.3M

Jake Kanter / Deadline:
The UK government launches a forum that includes the BBC, Sky, and Ofcom to examine ways of preserving linear TV for older and underprivileged audiences

More News

Bloomberg:
Meta starts refunding advertisers for a major April 2023 glitch that caused campaigns to overspend; smaller advertisers say Meta has responded slowly, if at all
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

Earlier Picks

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
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
Ciara O'Brien / The Irish Times:
The Irish Council for Civil Liberties finds the European Data Protection Board has overruled 75% of the Irish DPC's GDPR decisions in EU-level cases since 2018
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”
Adam Satariano / New York Times:
EU regulators approve Microsoft's $69B Activision Blizzard acquisition after Microsoft made concessions to keep rivals' access to Call of Duty and other games
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