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June 6, 2023, 12:40 PM

Top News

Austin Weinstein / Bloomberg:
The SEC sues Coinbase, alleging the exchange operated as an unregistered broker since at least 2019 and broke the rules by offering “staking”; COIN drops 15%+  —  The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging the crypto firm for years broke its rules.
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Zhiyuan Sun / Cointelegraph:
Adi Robertson / The Verge:
Tim Cook unveils Apple Vision Pro, a “spatial computing” headset controlled with the user's eyes, hands, and voice, coming to the US for $3,499+ in early 2024  —  Apple has announced an augmented reality headset called Apple Vision Pro that “seamlessly” blends the real and digital world.
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Matthew Panzarino / TechCrunch:
Hands-on with Apple Vision Pro, which seems to be a genuine leapfrog in capability and execution of XR, offering near perfect eye tracking and gesture control  —  After a roughly 30 minute demo that ran through the major features that are yet ready to test I came away convinced that Apple …
Ben Thompson / Stratechery:
Apple Vision Pro is incredibly compelling as a product and for its potential use cases; what the device says about society, though, is a bit more pessimistic  —  It really is one of the best product names in Apple history: Vision is a description of a product, it is an aspiration for a use case …
Mark Gurman / Bloomberg:
Apple Vision Pro will take at least five years to supplant the iPhone, reflected by Tim Cook not wearing one; the spatial computing UI is what's most impressive  —  Hey everyone, it's Mark.  Apple introduced the Vision Pro on Monday at WWDC, looking to an era beyond the iPhone, iPad and Mac.
Todd Spangler / Variety:
Romain Dillet / TechCrunch:
Alex Konrad / Forbes:
Sequoia plans to split into three firms, Sequoia in the US and Europe, HongShan in China, and Peak XV in India and Southeast Asia, “no later than” March 2024  —  Venture capital's biggest global brand is breaking up, with Sequoia's China and India and Southeast Asia funds relaunching …
Tom Wilson / Reuters:
Nansen: investors pulled ~$780M from Binance and $13M from its US affiliate in the past 24 hours, following the SEC's lawsuit  —  Investors have pulled around $780 million from crypto exchange Binance in the last 24 hours, data firm Nansen said on Tuesday, a day after the world's biggest crypto exchange …
New York Times:
Kanishka Singh / Reuters:
Microsoft agrees to pay $20M to settle FTC charges that the company violated COPPA by collecting personal data from children without their parents' consent  —  Microsoft (MSFT.O) will pay $20 million to settle U.S. Federal Trade Commission (FTC) charges that the tech company illegally collected …
Benj Edwards / Ars Technica:
Apple avoided mentioning AI at WWDC, instead referring to machine learning and transformers while describing features; M2 Ultra was touted for training models  —  Apple prefers using “machine learning,” or just having AI work in the background.  —  Amid notable new products …
Michael Grothaus / Fast Company:
An interview with Craig Federighi on the new privacy and safety enhancements across iOS 17, iPadOS 17, watchOS 10, and macOS Sonoma, working with AI, and more  —  It used to be just technology journalists and privacy advocates who got excited about the new privacy features that Apple …
Chris Welch / The Verge:
Kathrin Hille / Financial Times:
In a first, geopolitics took center stage at TSMC's annual meeting; chair Mark Liu defended the global expansion and said “going to the US is not all downside”  —  Shareholders question strategy but chair says new foundries outside Taiwan can help it maintain global leadership
Sarah McBride / Bloomberg:
Enterprise software startup Instabase raised a $45M Series C led by Tribe Capital at a $2B valuation, up from $1.05B for its $105M Series B in October 2019  —  Business services startup Instabase Inc. has raised a new round of funding that doubles its valuation to $2 billion …
Scharon Harding / Ars Technica:
Counterfeit tech scams run amok on Walmart and eBay because the platforms have failed to properly vet sellers and their products; Amazon has had similar issues  —  If I can spot a fake SSD, why can't Walmart?  —  Online retailers that host third-party sellers, like Amazon and Walmart …
Zac Hall / 9to5Mac:

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