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June 2, 2023, 9:20 AM
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Top News

Sheila Dang / Reuters:
Twitter's VP of Trust and Safety Ella Irwin says she has resigned from the company; Irwin joined in June 2022 and took over T&S when Yoel Roth resigned  —  Twitter's head of trust and safety Ella Irwin told Reuters on Thursday that she has resigned from the social media company.
Isaac Schorr / Mediaite:
The Daily Wire claims that Twitter canceled a deal to premiere What Is a Woman and threatened to “throttle” the documentary over two instances of “misgendering”
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.
Jonathan Stempel / Reuters:
A proposed class action lawsuit accuses Elon Musk of insider trading by manipulating Dogecoin; Musk allegedly sold ~$124M in DOGE after Twitter's logo change  —  Elon Musk is being accused of insider trading in a proposed class action by investors accusing the Tesla Inc (TSLA.O) …
Ginger Adams Otis / Wall Street Journal:
Meta updates its policy to require employees assigned to an office to start coming in three days per week starting September 5; remote workers are exempt  —  Change will take effect Sept. 5 for employees already assigned to an office; remote workers' status won't change
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
Jon Porter / The Verge:
Meta cuts the Quest 2's price to $350 for 256GB and to $300 for 128GB, and plans a software update to boost the Quest 2 and Quest Pro's CPU and GPU performance
Doyinsola Oladipo / Reuters:
Airbnb sues New York City over a new law the company calls a “de facto ban against short-term rentals”; the city plans to begin enforcing the law in July 2023  —  Airbnb Inc (ABNB.O) on Thursday filed a lawsuit against New York City over a new law it called a “de facto ban” …
Mark Gurman / Bloomberg:
Sources: Apple is planning 53 new, relocated, or remodeled retail stores worldwide through 2027, including 15 new stores across the Asia-Pacific region  —  Apple Inc. is working on plans to expand and revitalize its retail chain, aiming to push deeper into China and other parts of Asia …
Anthony Capaccio / Bloomberg:
The US Defense Department plans to buy Starlink satellite terminals and services for use by Ukraine's military, after a funding dispute with SpaceX  —  The Pentagon is buying Starlink satellite communications terminals and services from billionaire Elon Musk's SpaceX for use by the Ukraine military, the Defense Department said.
Jordan Novet / CNBC:
Sources: Microsoft agrees to spend potentially billions of dollars on CoreWeave's products; the GPU cloud provider raised $200M, bringing its Series B to $421M  —  - Microsoft's agreement with CoreWeave could be worth billions of dollars over multiple years, people familiar with the matter said.
Alexandre Tanzi / Bloomberg:
Challenger report: US tech companies have announced 136,831 layoffs in 2023 so far, more than in any full year since 2001, when job cuts reached 168,395  —  US companies have announced more job cuts this year than during all of 2022, according to executive coaching firm Challenger, Gray & Christmas Inc.
Tom Warren / The Verge:
Microsoft updates Windows 11's built-in Teams app with Discord-like communities, available on mobile since December 2022, and AI art tool Designer in preview  —  Microsoft is greatly improving its free version of Microsoft Teams on Windows 11 today.  The built-in Teams app will now include support …

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This is a Techmeme archive page. It shows how the site appeared at 9:20 AM ET, June 2, 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.

From Mediagazer

Katie Robertson / New York Times:
The NYT reports adding 260K digital subscribers in Q3, for 11.9M in total, with digital ad revenue up 8.8% YoY to $81.6M, and The Athletic had its first profit

Joshua Benton / Nieman Lab:
Around 75% of the largest US newspapers aren't endorsing anyone for president this year, as publishers try not to annoy any sliver of their remaining customers

Alex Weprin / The Hollywood Reporter:
Source: NBC gave the Trump campaign free commercial time in response to Harris' SNL appearance, including an unusual ad during Sunday's NASCAR coverage

More News

Jeremy C. Owens / MarketWatch:
Dell Q1: revenue down 20% YoY to $20.92B, vs. $20.12B est., Client Solutions revenue down 23% YoY to $11.98B, vs. $11.41B est., net income down 46% YoY to $578M
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

Earlier Picks

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
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
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
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
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
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