Techmeme
June 3, 2023, 1:40 PM

Top News

Mark Gurman / Bloomberg:
Sara Fischer / Axios:
Chris Isidore / CNN:
The CFPB warns users of payment apps like PayPal, Venmo, Cash App, and Apple Cash that their money could be at risk as FDIC insurance does not cover the apps  —  New York CNN —  —  Payment apps like PayPal and Venmo might be convenient, but they're not banks — and a federal financial services watchdog …
Erin Woo / The Information:
Sources: Zume, which used robots to automate pizza making, shuts down and is undergoing liquidation; the startup had raised $445M, including $375M from SoftBank  —  Zume, which raised $375 million from SoftBank to automate pizza-making with robots before switching to developing sustainable packaging, has shut down.
Washington Post:
ChatGPT and other LLM tools have already replaced some marketing and social media writers as many companies decide cutting costs is worth the drop in quality  —  Technology used to automate dirty and repetitive jobs.  Now, artificial intelligence chatbots are coming after high-paid ones.
Lawrence Abrams / BleepingComputer:
Rapid7 and Mandiant: hackers are actively exploiting a zero-day vulnerability in Progress' MOVEit Transfer file transfer tool to steal data from organizations  —  Hackers are actively exploiting a zero-day vulnerability in the MOVEit Transfer file transfer software, tracked as CVE-2023-34362, to steal data from organizations.
Wall Street Journal:
Sources: A.J. Brown, Twitter's head of brand safety and ad quality, is leaving the company, the second departure of a top safety executive this week  —  A.J. Brown's departure comes after Ella Irwin, company's head of trust and safety, left Thursday  —  Twitter lost a second senior executive …
Annie Njanja / TechCrunch:
A Kenyan court rules that Meta is the primary employer of 184 content moderators suing Meta and contractor Sama for unlawful dismissal, and pauses their layoffs  —  A Kenyan court has ruled that Meta is the primary employer of content moderators suing the social media giant and its content review partner …
Zac Bowden / Windows Central:
Microsoft plans to drop Cortana support on Windows 10 and Windows 11 in late 2023, touting the company's AI efforts as suitable replacements for the assistant  —  Microsoft will no longer support the Cortana app starting this fall.  —  What you need to know

Sponsor Posts

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.
SignalFire:
SignalFire raises another $1 billion to back applied AI startups  —  We build AI too.  It tracks 650M tech employees so we can help companies with recruiting and GTM across enterprise, infra, healthcare, security, and consumer.
Zoho:
Mileage tracking made easy with Zoho Expense  —  When just a swipe of your finger could raise mileage expenses, why waste time remembering and logging every mile driven on your spreadsheets, emails, or shared files?
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

BG2 Pod:
Tariffs, Free Trade, Export Controls, H20 & Rare Earth Ban
Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner and Bill Gurley.
Subscribe to BG2 Pod.
Great Chat:
Founders need prenups, too
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.
Techmeme Ride Home:
The AI Coding Wars Are Upon Us
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
Azeem Azhar's Exponential View:
Sir Niall Ferguson decodes Trump, China, and the new world order
Azeem Azhar explores how AI and exponential technologies are shaping our future.
Subscribe to Azeem Azhar's Exponential View.
Channels with Peter Kafka:
Roblox CEO David Baszucki knows what your kids are doing.
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:40 PM ET, June 3, 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

David D. Kirkpatrick / New Yorker:
Ben Cohen / Wall Street Journal:
Todd Spangler / Variety:

Earlier Picks

Bloomberg:
Ginger Adams Otis / Wall Street Journal:
Sheila Dang / Reuters: