Techmeme
June 1, 2023, 5:00 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: Meta, YouTube, The Verge, Livemint, Bloomberg, Ars Technica, The Verge, AppleInsider, 9to5Mac, UploadVR, Reuters, CNBC, GamesIndustry.biz, SiliconANGLE, ZDNet, XDA Developers, The Information, Insider, Forbes, MobileSyrup, Thurrott, IDC, Engadget, Twinfinite, Mashable, Road to VR, BetaNews, Metaverse Post, MacRumors, Tech Advisor, ExtremeTech, New York Post, VentureBeat, TechRadar, PC Gamer, T3, Neowin, Laptop Mag, iMore, Fast Company, Metro, Tom's Guide, Press Start, CNET, Pocket-lint, Kotaku, Wccftech, Lifewire, Variety, MacDailyNews, iPhone in Canada Blog, Destructoid, Wired, PCWorld, Tech News Outlet, TechPowerUp, BigTechWire, Android Central, Android Headlines, WinBuzzer, TechEBlog, Liliputing, TechSpot, Patently Apple, Financial Times, Cult of Mac, Digital Trends, Android Authority, SlashGear, GameSpot, VRScout, OnMSFT.com, Polygon, Push Square, Game Developer, TechCrunch, Eurogamer.net, IGN, and WRAL TechWire
Jon Porter / The Verge:
Daryna Antoniuk / The Record:
The FSB claims Apple helped the NSA hack Russian diplomats' iPhones; Kaspersky: unknown malware leveraged zero-click exploits on iPhones running up to iOS 15.7  —  Russia's Federal Security Service (FSB) is accusing U.S. intelligence of hacking “thousands of Apple phones” to spy on Russian diplomats.
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
Michael Potuck / 9to5Mac:
Survey: 53% of Android device owners switched to iOS due to prior phone problems and 26% for 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
Jason Schreier / Bloomberg:
After Microsoft acquired ZeniMax for $7.5B in 2020, sources detail development issues for Redfall, one of 2023's worst-reviewed games and Xbox's latest misfire  —  Over the years, Microsoft Corp.-owned video-game developer Arkane Studios has cultivated a reputation for releasing games …
Aisha Malik / TechCrunch:
Instagram details how the app ranks Feed content, Stories, Reels, and more, and tests 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 …
Allison Johnson / The Verge:
Motorola launches two new Razr phones, including the $999 Razr Plus with a 3.6" outer display, a 6.9" inner 165Hz 1080p panel, and a 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.
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
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.
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 …
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
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 …
Bloomberg:
Amazon agrees to pay $5.8M to settle FTC allegations that Ring gave employees and third-party contractors full access to every customer video until 2017  —  Amazon.com Inc. agreed to pay $30.8 million to resolve two cases brought by the Federal Trade Commission Wednesday related to privacy lapses by its smart devices.
Natasha Singer / New York Times:

Sponsor Posts

TELUS Digital:
Are you ready for the era of agentic AI?  —  Tech leaders are always talking about what's next, and right now, agentic AI is dominating the discourse.  Equip yourself with the info you need in this recorded webinar.
Tribe AI:
State of AI: Adoption, Challenges and Recommendations  —  Examining the current state of AI, the key challenges organizations face, and practical recommendations for utilizing AI integration alongside other best practices.
Zoho:
Everything new in the Zoho Sign iOS mobile app  —  Ranked highly in the iOS App Store (4.9 stars), Zoho Sign's mobile app for iPhone is a user favorite.  We're thrilled to share that the app has been enhanced …
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:
Why COULDN'T Apple Make An iPhone In The US?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Logan Bartlett Show:
Derek Thompson (Writer, The Atlantic) and Zach Weinberg (Co-founder & CEO, Curie.Bio) Discuss the Tariff Withdrawal and America's Future
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
Hard Fork:
Big Tech's Tariff Chaos + A.I. 2027 + Llama Drama
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Great Chat:
The bull case for domestic manufacturing
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Decoder with Nilay Patel:
Why DOGE is killing the agency that keeps banks from ripping you off
A show from the Verge about big ideas - and other problems.
Subscribe to Decoder with Nilay Patel.
Lenny's Podcast:
OpenAI's CPO on how AI changes must-have skills, moats, coding, startup playbooks, more | Kevin Weil (CPO at OpenAI, ex-Instagram, Twitter)
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.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:00 PM ET, June 1, 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

Financial Times:
Bloomberg:

Earlier Picks

Michael McSweeney / The Block: