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May 23, 2023, 10:20 AM
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WeSmirchTop News
| Chance Miller / 9to5Mac: |
Apple announces a “multiyear, multibillion-dollar” deal with Broadcom to develop and manufacture 5G and wireless components, including FBAR filters, in the US — Apple has announced a major new partnership with Broadcom, one of its long-time supplier partners.
More:
Apple, BetaNews, AppleInsider, The Verge, TechCrunch, MacRumors, RTÉ, Wall Street Journal, Bloomberg, Reuters, CNBC, MacDailyNews, Apple Must, BGR, Supercharged, and Slashdot
Tweets:
@markgurman, @thetranscript_, @zollotech, and @deitaone
| Yuvraj Malik / Reuters: |
Shutterstock plans to acquire Giphy from Meta for $53M in cash, after the UK CMA blocked Meta's acquisition in 2022; Meta can still access Giphy content — Stock photos repository Shutterstock Inc (SSTK.N) said on Tuesday it would buy animated-images platform Giphy Inc from Meta Platforms Inc (META.O) for $53 million in cash.
More:
TechCrunch, Axios, Engadget, The Information, Shutterstock, Inc., Silicon Republic, Wall Street Journal, The Guardian, Adweek, CNBC, Techaeris, Tech Startups, WeRSM, and Variety
Tweets:
@jonoringer, @pt, @benedictevans, and @lanceulanoff
| Wired: |
Leaked responses from 20 countries to an EU proposal show the majority favor some form of scanning encrypted messages, with Spain wanting an EU-wide E2EE ban — In response to an EU proposal to scan private messages for illegal material, the country's officials said it is “imperative that we have access to the data.”| Reuters: |
Sources: in 2020 and 2021, Binance commingled customer funds with revenue; a source says the sums ran into billions of dollars in Silvergate-held accounts — The world's largest cryptocurrency exchange, Binance, commingled customer funds with company revenue in 2020 and 2021 …
More:
CoinGape. Tweets:
@prhillmann, @ldrogen, @silvermanjacob, @silvermanjacob, @silvermanjacob, @scottmelker, @deitaone, and @bitfinexed
| Kyle Wiggers / TechCrunch: |
Anthropic, a generative AI startup co-founded by OpenAI veterans, raised a $450M Series C led by Spark Capital, with Google, Salesforce, and Zoom participating — Anthropic, the prominent generative AI startup co-founded by OpenAI veterans, has raised $450 million in a Series C funding round led by Spark Capital.
More:
Barron's Online
| Chris Welch / The Verge: |
Warner Bros. Discovery launches Max, offering substantially more 4K content than HBO Max via its $19.99 per month Ultimate plan, above the $15.99 ad-free plan — When Max goes live on May 23rd, the new Warner Bros. Discovery streaming service will offer substantially more 4K entertainment than HBO Max ever did.
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Warner Bros. Discovery, AppleInsider, Reuters, MacRumors, TechCrunch, The Streamable, PhoneArena, Engadget, Variety, TechRadar, gHacks Technology News, Android Authority, Mashable, Variety, BGR, and Deadline
Tweets:
@maxpr, @chriswelch, and @zachheltzel
| Huw Jones / Reuters: |
Securities watchdog IOSCO proposes the first global crypto regulations, covering conflicts of interest, custody, and more, aiming to finalize them by year-end — International securities watchdog IOSCO on Tuesday proposed the first global approach to regulating cryptoasset markets …
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Financial Times, PYMNTS.com, Finbold, Decrypt, crypto.news, IOSCO, Silicon Republic, Coinpedia Fintech News, Reuters, TechCircle, DL News, CoinDesk, and Watcher Guru
Tweets:
@ioscopress, @smtuffy, and @dgwbirch
| New York Times: |
China's Micron ban could help the government boost its domestic memory chip industry, a sector where China has a toehold in its competition with the US — A Chinese government block on Micron Technology's memory chips marks how far apart the two economic powers are drifting on tech policy.| Bobby Allyn / NPR: |
TikTok sues Montana over its new law intending to ban the app, citing the First Amendment, the state's lack of authority on national security issues, and more — TikTok has filed a federal lawsuit against Montana after the state passed a law last week intended to ban the app from being downloaded within its borders.
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CNN, New York Times, Washington Post, Ars Technica, Reuters, Forbes, Bloomberg, Tech.co, Reuters, CNBC, gHacks Technology News, WRAL TechWire, Silicon Republic, Music Ally, Digital Trends, NBC News, US District Court, District of Montana, Politico, Associated Press, Newser, Lawfare, Al Jazeera, Rolling Stone, The Wrap, The Hollywood Reporter, Android Central, CPO Magazine, Mashable, SlashGear, Quartz, The Hill, Social Media Today, PetaPixel, Neowin, and KRCR-TV
Tweets:
@tiktokcomms, @vickerysec, and @bobbyallyn
| Devin Coldewey / TechCrunch: |
OpenAI CEO Sam Altman, President Greg Brockman, and Chief Scientist Ilya Sutskever say the world will likely need a regulatory body for superintelligence — AI is developing rapidly enough and the dangers it may pose are clear enough that OpenAI's leadership believes that the world needs …
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OpenAI, Insider, Mashable, International Business Times, Livemint, and Techpoint Africa
LinkedIn:
Allan Thygesen. Tweets:
@openai, @sama, @thealexbanks, @soundboy, @mark_riedl, @elonmusk, @josephjacks_, @drnicka, @josephjacks_, @drkatedevlin, @alexandrosm, @jeffladish, @binarybits, @prestonjbyrne, @perrymetzger, @fabiochiusi, and @gdb
| New York Times: |
US Surgeon General Dr. Vivek Murthy releases a 19-page report arguing social media can have a “profound risk of harm” for kids and teens and calls for action — Dr. Vivek H. Murthy urged immediate action from policymakers, tech companies and parents to safeguard against potential harms.
More:
HHS.gov, CNN, AppleInsider, The Verge, The Hill, Axios, NBC News, Washington Post, Associated Press, Good Morning America, and STAT
| Chloe Xiang / VICE: |
Some blue-check Twitter accounts, one pretending to be Bloomberg, spread an AI-generated image of an explosion at the Pentagon; the stock market briefly dipped — An AI-generated image of a fake explosion near the Pentagon went viral thanks to blue-check Twitter accounts. — Chloe Xiang
More:
Insider, Bloomberg, CNN, Washington Post, NPR, TechCrunch, NBC News, TweakTown, Forbes, The Guardian, Cryptonews, Newser, Silicon Republic, SiliconANGLE, Politico, Platformer, Social Media Today, and The Hill
Tweets:
@arlingtonvafd, @jsrailton, @oneunderscore__, @deitaone, @iaponomarenko, @jsrailton, @oneunderscore__, @jsrailton, @deitaone, @jsrailton, @wesclarkjr, @tjmanotoc, @rakeshlobster, @bwjones, @vickerysec, @mhiggins, @safiranand, @daveyalba, @seth_hettena, @vice, @zeynep, @ipullrank, @fritschner, @kbeninato, @yoda, @davidfrum, @jsrailton, @jsrailton, @jsrailton, @martinsfp, @oneunderscore__, @erikbryn, @helenkennedy, @rayredacted, @auroraintel, and @coracarmack
| New York Times: |
US prosecutors have gathered over 6M pages of documents ahead of Sam Bankman-Fried's trial, an unusually large amount that underscores his legal difficulties — Prosecutors investigating Sam Bankman-Fried, the cryptocurrency exchange's founder, have accumulated more than six million pages of documents and other records.| Jess Weatherbed / The Verge: |
Adobe launches Generative Fill for Photoshop, one of the first Creative Cloud apps to use its generative AI Firefly tool, in beta, rolling out fully in H2 2023 — / Generative Fill will arrive in Photoshop in ‘the second half of 2023.’ — Adobe Photoshop is getting a new generative AI tool …
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The Guardian, CNET, TechCrunch, Dexerto, Computerworld, Windows Central, Adobe Blog, Gizmodo, VentureBeat, Engadget, 9to5Mac, Neowin, T3, WinBuzzer, Lifewire, Tom's Guide, gHacks Technology News, PetaPixel, Adobe Blog, and Cult of Mac
Tweets:
@minchoi, @minchoi, and @saschasegan
| Yossi Matias / The Keyword: |
Google expands its AI flood forecasting tool Flood Hub to 460M people, from 20 countries up to 48 hours in advance to 80 countries up to seven days in advance — Flood Hub is expanding to 80 countries, providing forecasting up to 7 days in advance of a flood to 460 million people.| Bloomberg: |
Hong Kong outlines crypto trading rules for bitcoin, ether, and other large coins, letting retail investors trade them on licensed exchanges starting on June 1 — Hong Kong said retail investors can trade crypto under its new rulebook for the sector, stepping up a drive to develop …
More:
Decrypt, South China Morning Post, CoinDesk, CNBC, Forkast, Cryptopolitan, CryptoSlate, Nikkei Asia, Coinpedia Fintech News, and CoinGape
Tweets:
@wublockchain, @mdudas, @pingroma, @cryptadamist, @kris, and @thesamreynolds
| Tage Kene-Okafor / TechCrunch: |
South African digital banking startup TymeBank raised a $77.8M pre-Series C led by Norrsken22 and Blue Earth Capital, after a $110M Series B in February 2021 — South African digital banking platform Tyme has raised $77.8 million in a pre-Series C round led by African-focused growth stage fund Norrsken22 …
More:
FinTech Global, FinSMEs, and TechCabal
| Sundar Pichai / Financial Times: |
Building AI responsibly matters more than competition, one company cannot fulfill AI's potential alone, and global cooperation, especially US-EU, will be key — Fulfilling the technology's potential is not something that one company can do alone — The writer is CEO of Google and Alphabet
More:
Insider, Cryptopolitan, and City A.M.
Tweets:
@jimpethokoukis, @adamelman, @jespervangkilde, @annikapoutiaine, @rdomenechv, and @karan_k_bhatia
| Rhiannon Williams / MIT Technology Review: |
Meta unveils open-source AI models the company says can identify 4,000+ languages and produce speech for 1,000+ languages, a 40x and 10x increase, respectively — They could help lead to speech apps for many more languages than exist now. — Meta has built AI models that can recognize …
More:
Wired, GitHub, Meta AI, The Economic Times, Meta, Gizmochina, Engadget, AI News, TechRadar, BigTechWire, and Techlusive
Tweets:
@drjimfan, @ylecun, @dataghees, @ambmkimani, @_akpiper, @theseamouse, @rtinkslinger, @altryne, @michaelauli, @emostaque, @bryancsk, @fesja, @mariobalukcic, @ezgicanpolat, @boredgeekz, @elunaai, and @mikeisaac. Facebook:
Mark Zuckerberg
| Lucas Shaw / Bloomberg: |
As music revenue slows, record labels may force Spotify, which has never changed its US base plan's price, to follow Apple, Amazon, and others in raising prices — Good evening from Cannes, where I saw a three-hour Argentine heist movie, a Pedro Almodovar short starring Ethan Hawke and Pedro Pascal, and Martin Scorsese's latest.| Jonathan Stempel / Reuters: |
A US district judge dismissed a proposed class action lawsuit against Elon Musk that claimed he cheated shareholders several times in 2022 while buying Twitter — A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times …
More:
Insider, Electrek, Coinspeaker, and The Messenger
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