Techmeme
May 17, 2023, 11:55 PM

Top News

Wall Street Journal:
Montana Governor Greg Gianforte signs the country's first bill that bans TikTok in a state, set to go into effect on January 1, 2024  —  Ban is slated to take effect next year—if it survives expected litigation  —  Montana's governor signed the country's first bill that outright bans TikTok …
Yogita Khatri / The Block:
Tether plans to invest up to 15% of its profits in bitcoin, as the stablecoin developer shifts its reserves toward crypto and away from US government debt  —  - Tether is set to purchase bitcoin on a regular basis from its profits.  — It held $1.5 billion in bitcoin as of the end of the first quarter …
Jess Weatherbed / The Verge:
Logitech partners with iFixit to help with DIY repairs, supplying spare parts, batteries, and guides for select Logitech hardware starting this summer in the US  —  / Official spare parts, batteries, and repair guides for select Logitech hardware will be available through iFixit starting ‘this summer.’
Michelle Faverio / Pew Research Center:
Survey: 60% of Americans who used Twitter in the past year have taken a break from the social network; 25% say they are not likely to use Twitter in a year  —  A majority of Americans who have used Twitter in the past year report taking a break from the platform during that time …
Tatum Hunter / Washington Post:
Ovulation tracking app Premom agrees to pay $200K to settle with the FTC and state AGs for allegedly sharing user information with third parties without consent  —  The app allegedly shared sensitive user information with China-based companies known for privacy problems
Kyle Bradshaw / 9to5Google:
An update to Google's Personal Safety app for Android suggests the company plans to offer a Dashcam recording feature for Pixel phones and other select devices  —  Rather than needing to buy a (sometimes pricey) dedicated gadget, you should soon be able to use your Pixel (and select other Android devices) …
Dietrich Knauth / Reuters:
Voyager expects users to recover ~35% of their crypto deposits as a US judge approves its liquidation plan, letting the company return ~$1.33B in crypto assets  —  Crypto lender Voyager Digital said Wednesday that customers will recover about 35% of their cryptocurrency deposits as the company winds …
Jennifer Elias / CNBC:
Docs: Google plans to use new AI models for ads, customer service, and to help YouTube creators, and is working on an internal Stable Diffusion-like product  —  - Google has approved several ad-related artificial intelligence projects to help advertisers and YouTube creators, internal documents show.
More: NeowinThanks:@mattrosoff
Alex Weprin / The Hollywood Reporter:
Netflix says its ad tier has nearly 5M global MAUs, with a median age of 34, six months after launch, and makes up 25%+ of signups in countries with the option  —  In its inaugural upfront advertising event, executives touted the the streaming service's growing ad tier, and unveiled new sponsorship options.
CoinDesk:
Grayscale says the US SEC warned that the Filecoin token meets the definition of a security and asked Grayscale to withdraw its Filecoin Trust application  —  Grayscale announced last month that the SEC suggested FIL might be a security.  —  CORRECTION (May 18, 2023, 00:25 UTC) …
Stephanie Bodoni / Bloomberg:
Sources: the Irish DPC is set to hand Meta a record EU privacy fine and order the company to stop all data transfers to the US that rely on certain clauses  —  Facebook owner Meta Platforms Inc. is set to be handed a record European Union privacy fine eclipsing a €746 million ($809 million) penalty doled out to Amazon.com Inc..
Ryan Weeks / The Block:
Ripple acquires Switzerland-based digital asset custody startup Metaco for $250M in cash and stock and plans to keep the brand and founder Adrien Treccani  —  San Francisco-based crypto company Ripple today announced an audacious swoop for Swiss custody firm Metaco in a deal worth $250 million.
Sarah Perez / TechCrunch:
Amazon announces the new $40 semi-circle design Echo Pop, updates the $90 Echo Show 5, $100 Echo Show 5 Kids Edition, $50 Echo Buds, expands Echo Auto, and more  —  After last fall's Amazon hardware event which brought us a handful of new Echo devices, like the Dot with the clock and other minor updates …
Chris Welch / The Verge:
Beats Studio Buds+ review: better sound, ANC, battery, and calls, but ANC lags AirPods Pro 2, no wireless charging, and lacks some of Apple's ecosystem tricks  —  With better sound, improved noise cancellation, and a standout translucent design, these are everything the original Beats Studio Buds should've been.
Manish Singh / TechCrunch:
AWS plans to invest $12.7B into its infrastructure in India by 2030, in addition to a previous $3.7B, and said its spending will support 131,700 full-time jobs  —  Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday …

Sponsor Posts

Termina:
AI Powered Diligence at Scale  —  VCs and founders deploy Termina AI Scans on >12% of all known series A+ deals to uncover hidden risks and opportunities.  Explore how you too can invest and build better companies with AI.
Intel:
Intel Delivers powerful CPUs for AI and Networking  —  With the onset of AI, businesses demand powerful and efficient CPUs.  Explore new Intel Xeon 6 processors, for the broadest set of workloads with leadership performance and lower TCO.
Zoho:
Gamification: A simple way to enjoy getting more work done  —  Work doesn't have to be boring.  Gamification transforms everyday tasks into exciting challenges, making employees feel more engaged and motivated.
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

Lenny's Podcast:
The hidden power of introverts: How to thrive without changing who you are | Susan Cain (author of "Quiet")
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.
Techmeme Ride Home:
E2EE For All!
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Decoder with Nilay Patel:
Why Trump can't be trusted with Congress' new anti-deepfake bill
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
The Logan Bartlett Show:
Flexport CEO Ryan Petersen Breaks Down the Global Impact of Trump's New Tariffs
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Generative Now:
Dan Shipper: The First MultiModal Media Company
A podcast from Lightspeed dedicated to highlighting the stories, strategies and insights behind today's most exciting AI companies.
Subscribe to Generative Now.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:55 PM ET, May 17, 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

Heather Kelly / Washington Post:
Ivan Mehta / TechCrunch:
Sankalp Phartiyal / Bloomberg:

Earlier Picks

Jonathan Greig / The Record:
Tech Transparency Project:
Chance Miller / 9to5Mac:
Amanda Silberling / TechCrunch: