Techmeme
May 20, 2023, 6:55 AM

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]
Rebekah Valentine / IGN:
China approves Microsoft's $69B acquisition of Activision Blizzard, bringing the total to 37 countries, including the EU and Japan  —  Thirty-seven total regulators have voiced approval thus far.  —  China's State Administration has approved Microsoft's attempted $69 billion acquisition …
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.
Cecilia D'Anastasio / Bloomberg:
After Niantic's latest AR game Peridot got negative app store reviews and few downloads, a look at the company's metaverse games struggling to find an audience  —  Just a few years ago, tech evangelists were hailing Niantic Inc., the maker of the hit game Pokémon Go …
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
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 …

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