Techmeme
May 19, 2023, 7:45 PM

Top News

Lia Haberman / ICYMI:
Meta briefed some creators on Instagram's decentralized text-based app that may launch in June 2023 with a Twitter-like design, Mastodon compatibility, and more  —  Meta's hosting secret meetings with select creators to share details  —  [a sneak peek at Instagram's new text-based app]
Jiyoung Sohn / Wall Street Journal:
Sources: Samsung suspends an internal review into replacing Google with Bing as its mobile devices' default search engine, citing business relations with Google  —  Samsung Electronics suspends internal review that contemplated changing its smartphones' default search engine from Google to Microsoft's Bing
Financial Times:
Sources: top shareholder SoftBank demanded compensation from Revolut after UK regulators told the startup to simplify its ownership to obtain a banking license  —  Minister to meet payment group's bosses amid fears UK's biggest tech group will leave the country
Chance Miller / 9to5Mac:
Apple shares its first App Store Transparency Report, listing app rejections, government requests, and more, as part of a settlement in a 2021 developer lawsuit  —  Earlier this week, Apple shared an in-depth look at how the App Store helped prevent fraud and protect developers and customers alike.
Jon Fingas / Engadget:
Hyundai agrees to settle with ~9M US Hyundai and Kia owners for $200M, after hundreds of car thefts inspired by the viral “Kia Challenge” on TikTok in mid-2022  —  Most of the money from the settlement will go toward compensating theft victims.  —  Hyundai is putting …
Wall Street Journal:
Sources: Apple restricts the internal use of ChatGPT, GitHub Copilot, and other external AI tools due to concerns about potential leaks of confidential data  —  The iPhone maker is concerned workers could release confidential data as it develops its own similar technology
Financial Times:
Cory Weinberg / The Information:
Source: Instacart generated ~$740M in 2022 ad revenue, up 30% YoY; nearly 30% of the company's 2022 revenue came from its ads unit, which launched in 2019  —  Instacart has become an advertising powerhouse.  —  The grocery-delivery firm's ad revenue totaled about $740 million last year …
Alex Konrad / Forbes:
Jeff Jordan, a16z's fifth general partner who joined in 2011, steps back from active investments but will continue to work on his portfolio and board positions  —  Longtime Andreessen Horowitz venture capitalist Jeff Jordan is stepping back from active investments.

Sponsor Posts

Google:
Generate videos with Veo 3 in Google Gemini  —  Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator.  Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
Codegen:
Ship with AI: The Future of Coding is Here  —  Use natural language in Slack to trigger real PRs, docs, dashboards, infra & more.  Codegen connects GitHub, Linear, Notion, and beyond.
Zoho:
Bee builds hiring pipelines with candidate insights.  You?  —  Hi, it's Bee again, back with another insight from the recruitment world.Our recent job posting brought in thousands of applications.
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:
Never Wear A Suit In Tech
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Diggnation:
A First Look at Digg iOS
Kevin Rose and Alex Albrecht give you their unique, sometimes awkward, and always hilarious take on the edges of the internet.
Subscribe to Diggnation.
Channels with Peter Kafka:
How to become a Substack Star with Emily Sundberg
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Spotlight On:
Veza's Tarun Thakur on excelling at go-to-market at every stage
A podcast from Accel about how companies are built, from the people doing the building.
Subscribe to Spotlight On.
Uncapped with Jack Altman:
Dan Feder from the University of Michigan
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Invest Like the Best:
The Chainsmokers - Music & Markets
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:45 PM ET, May 19, 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

Manish Singh / TechCrunch:
Ezra Marcus / Grub Street:
Harry McCracken / Fast Company:
Wall Street Journal:
David C. Banks / Chalkbeat New York:

Earlier Picks

Wall Street Journal:
Mike Masnick / Techdirt:
The Guardian:
Tom Warren / The Verge:
Ivan Mehta / TechCrunch:
Kyle Wiggers / TechCrunch:
Frederic Lardinois / TechCrunch:
Todd Spangler / Variety: