Techmeme
June 1, 2023, 3:30 PM

Top News

Meta:
Meta unveils the $500 Quest 3, “the first mainstream headset with high-res color MR”, slimmer and over 2x the GPU performance vs. the Quest 2, coming this fall  —  Meta Quest 3 Launches Later This Year + Lower Prices & Improvements for Quest 2 The countdown is on for …
More: YouTube, Meta, The Verge, Bloomberg, Road to VR, AppleInsider, 9to5Mac, SiliconANGLE, ZDNet, Insider, Reuters, GamesIndustry.biz, TechCrunch, The Information, Livemint, XDA Developers, Forbes, CNBC, UploadVR, Thurrott, Tech Advisor, BetaNews, Engadget, MacRumors, Metaverse Post, VentureBeat, Engadget, Android Authority, Game Developer, PCWorld, Mashable, ExtremeTech, Push Square, New York Post, VRScout, TechSpot, MobileSyrup, TechRadar, OnMSFT.com, TechCrunch, Kotaku, TechPowerUp, Cult of Mac, TechEBlog, CNET, WinBuzzer, Android Headlines, Liliputing, Neowin, Laptop Mag, iMore, PC Gamer, T3, Fast Company, Metro, Tom's Guide, Wccftech, Wired, Variety, Pocket-lint, IGN, Lifewire, Android Central, Financial Times, Press Start, MacDailyNews, iPhone in Canada Blog, Tech News Outlet, The HOTH, BigTechWire, Patently Apple, Digital Trends, SlashGear, GameSpot, Polygon, Eurogamer.net, and WRAL TechWire
Jon Porter / The Verge:
Jason Schreier / Bloomberg:
After Microsoft paid $7.5B for ZeniMax in 2020, sources detail development issues for Redfall, one of the worst-reviewed games in 2023 and Xbox's latest misfire  —  Over the years, Microsoft Corp.-owned video-game developer Arkane Studios has cultivated a reputation for releasing games …
Daryna Antoniuk / The Record:
FSB claims Apple helped NSA hack Russian diplomats' iPhones; Kaspersky: unknown malware successfully targeted iPhones up to iOS 15.7 with zero-click exploits  —  Russia's Federal Security Service (FSB) is accusing U.S. intelligence of hacking “thousands of Apple phones” to spy on Russian diplomats.
Michael Potuck / 9to5Mac:
Survey: Android owners mostly switched to iPhone because of prior phone problems and new iPhone features; only 6% moved because of iMessage and FaceTime  —  Following its report that showed Android users pivoting to iPhone at a 5-year high, CIRP is out today with a study that reveals why people are making the switch.
Source: CIRP - Apple ReportMore: BGR, Phandroid, and Gizchina
Bluesky: @dewittclinton.comTweets: @teja2495 and @hardwarezone
Aisha Malik / TechCrunch:
Instagram details ranking content in Feed, Stories, Reels, and more, and is testing more user controls, including an “Interested” button for recommended posts  —  Instagram announced today that it's testing a new feature that gives users more control over what they see on the social network …
AnnaMaria Andriotis / Wall Street Journal:
Some Apple Savings Account users have had trouble transferring money out of their accounts; Goldman representatives have given differing responses on what to do  —  Some customers said it has taken weeks to withdraw their money, and that the bank's instructions have differed
Mark Gurman / Bloomberg:
Sources: Apple is testing two new Macs, one with an M2 Max and the other with an unannounced M2 Ultra, offering 16 high-performance cores and 60 graphics cores  —  Apple Inc. is testing a pair of new high-end Macs and their accompanying processors ahead of its Worldwide Developers Conference next week …
Hayden Field / CNBC:
OpenAI researchers say training AI using process supervision, which rewards each step of reasoning rather than the outcome, could help prevent hallucinations  —  - AI hallucinations occur when models like OpenAI's ChatGPT or Google's Bard fabricate information entirely.
Bloomberg:
Tether's USDT circulation surpasses its $83.2B all-time-high, recovering the ~$20B lost after TerraUSD's 2022 collapse, even as crypto trading volume stays low  —  Tether Holdings Ltd.'s stablecoin has recovered all of the roughly $20 billion in market value it lost following the collapse …
Isaac Schorr / Mediaite:
Caroline O'Donovan / Washington Post:
Hundreds of white-collar Amazon staff in Seattle walk off the job, frustrated by job losses, a return-to-office mandate, rising carbon emissions, and leadership  —  Frustrated by job losses, office policies and rising carbon emissions, white-collar Amazon workers are demanding more from leadership
Allison Johnson / The Verge:
Motorola launches two Razr phones, including the $999 Razr Plus with a 3.6" outer display, an inner 6.9" 165Hz 1080p panel, and Snapdragon 8+ Gen 1 chipset  —  Moto is adding two new foldables, led by the Razr Plus.  Its 3.6-inch cover screen makes it more than just a nostalgic tribute to your favorite 2000s flip phone.
Sarah Perez / TechCrunch:
WordPress.com launches paid newsletters, with the option available to all WordPress.com blogs, even those on the free plan  —  WordPress.com is taking on Substack and others with today's news that its Newsletter product will now support paid subscriptions and premium content.
Krisztian Sandor / CoinDesk:
DeFi lending protocol MakerDAO's community votes to ditch $500M of the Paxos Dollar stablecoin from its reserves, impacting roughly half of the token's supply  —  The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP's total supply.
Financial Times:
As ASML reaches a ~€275B market cap, roughly twice Intel's, a look at the fundamental limits of making ever-smaller chips, which could put an end to Moore's Law  —  For decades, ever-tinier semiconductors have allowed huge leaps in computing progress.  Not for much longer, warn experts
Natasha Singer / New York Times:
Amazon agrees to pay $25M to settle FTC and DOJ charges over the company keeping Alexa voice recordings and geolocation data collected from children for years  —  Regulators said the tech giant kept children's Alexa voice recordings “forever,” violating a children's privacy law.
Bloomberg:
Reuters:
Sources: a planned $3B semiconductor facility in India by ISMC, a consortium that includes chipmaker Tower, has stalled due to Intel's ongoing Tower acquisition  —  A planned $3 billion semiconductor facility in India by chip consortium ISMC that counted Israeli chipmaker Tower as a tech partner …

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Michael McSweeney / The Block:
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