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June 7, 2023, 3:15 PM
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Top News

Wall Street Journal:
Investigations: Instagram helps connect and promote a vast network of accounts openly devoted to underage sex content; Meta plans to increase its controls  —  The Meta unit's systems for fostering communities have guided users to child-sex content; company says it is improving internal controls
Filipe Espósito / 9to5Mac:
Apple releases a Game Porting Toolkit based on open-source platform Wine to translate DirectX 12 into Metal 3, a potentially massive step for Mac gaming  —  One of the new features in macOS Sonoma is Game Mode, which Apple claims improves gaming performance on Apple Silicon Macs.
Jessica Toonkel / Wall Street Journal:
Sources: Amazon plans to launch an ad-supported Prime Video tier and is talking with WBD and Paramount about adding their ad-based tiers to Prime Video Channels  —  Discussions come as ad buyers have been pushing for more access to premium shows and movies  —  Amazon is planning to launch …
William Gallagher / AppleInsider:
Apple details features coming to its services this fall, like offline maps and real-time EV charging availability in Maps and Collaborative Playlists in Music  —  New features are coming to Apple Music, Apple Maps and more  —  Following the launch of Apple's next operating systems for its devices …
Ivan Mehta / TechCrunch:
Automattic launches Jetpack AI Assistant for WordPress and Jetpack-powered sites, letting users generate content, translate text into 12 languages, and more  —  Automattic, the company behind WordPress.com and the main contributor to the open-source WordPress project, launched an AI assistant …
Casey Newton / Platformer:
How Twitter, YouTube, and Meta gave up on removing lies about the 2020 US Presidential elections, having briefly banded together to do the right thing  —  For a time, they fought the good fight — but not any more  —  I.  —  On tech platforms these days you can get away with just about anything …
Jeffrey Dastin / Reuters:
Priceline partners with Google Cloud on a generative AI chatbot for planning trips, suggesting hotels like “a personal concierge” tailored to users, and more  —  Want a New York hotel near a Christmas market, a vegan restaurant, or another attraction?
Ashley Capoot / CNBC:
Google Cloud partners with Mayo Clinic to test a service for making AI chatbots and search apps; Mayo created a tool that helps staff find patient data and more
Alyssa Mercante / Kotaku:
A look at Twitch's new ad rules for branded content, a crucial source of income for creators; after an outcry, Twitch says the initial update was “overly broad”  —  'The top 100 streamers on Twitch just got told they're not allowed to make 80 percent of their revenue the way they're used to making it.'
The Athletic:
Sources: MLS and Apple discussed sharing new Season Pass subscriber revenue with Lionel Messi; on June 6, Apple unveiled a four-part Messi docuseries on TV+  —  Major League Soccer and Inter Miami are solidifying details around the potential signing of Argentine superstar Lionel Messi.
Joe Tidy / BBC:
The Clop ransomware group tells the BBC, British Airways, Boots, and others to email them or data stolen via the MOVEit hack will be released on June 14  —  A prolific cyber crime gang thought to be based in Russia has issued an ultimatum to victims of a hack that has hit organisations around the world.
Kris Holt / Engadget:
Mojang launches Minecraft: Bedrock Edition for ChromeOS, after early access in March 2023; the $20 game runs on Chromebooks from the past three years and more  —  It will run on any Chromebook from the last three years, as well as some other models.  —  Following an early access period …
Bloomberg:
Sequoia's plan for three VC firms represents a major shift due to rising US-China tensions and signals that China ties are a growing liability in Silicon Valley  —  Sequoia Capital's plan to split itself into three separate regional firms represents a major shift at one the world's foremost venture capital firms.
Michael Potuck / 9to5Mac:
Apple makes iOS 17, iPadOS 17, watchOS 10, and macOS Sonoma developer betas free for anyone with an Apple ID, not just users with $99/year developer accounts  —  For years, access to the iOS developer beta and other developer builds has only been available through a $99/year developer account.
XDA Developers:
The first iOS 17 beta enables editable text and threaded replies in iMessage group chats with Android users, but Android users can't see the edited messages
Nikhilesh De / CoinDesk:
Court filing: the SEC asked a DC court to grant a temporary restraining order that would freeze assets tied to Binance.US' holding and operating companies  —  The filing comes a day after the SEC sued Binance.  —  The U.S. Securities and Exchange Commission (SEC) asked a court to grant …
Robert Armstrong / Financial Times:
Crypto is dangerous nonsense and should be regulated like smoking, gambling, or pyramid schemes, not granted the dignity of regulation under US securities law  —  But not for the reasons the exchanges think  —  This article is an on-site version of our Unhedged newsletter.
Matt Levine / Bloomberg:
A look at the similarities and differences between the SEC's lawsuits against Coinbase and Binance, as the SEC views every crypto exchange in the US as illegal

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From Mediagazer

CNN:
Reporters from news orgs were denied credentials to Trump's election night watch event; source: Politico's credentials were revoked following critical coverage

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe, a music distributor in 50+ countries, and its subsidiary TuneCore for $500M+, accusing Believe of copyright infringement

Alexandra Steigrad / New York Post:
iHeart says it is laying off employees; a source says the layoffs affect less than 5% of a workforce of more than 10,000 employees

More News

Maghan McDowell / Vogue Business:
Louis Vuitton announces “Treasure Trunk” NFTs, each costing €39K and granting access to future products and experiences, in a hard pivot from its NFT-based game

Earlier Picks

Financial Times:
New Jersey-based Tingo, which sells phones and credit to Nigerian farmers, fell 80%+ after Hindenburg alleged the fintech is an “exceptionally obvious scam”
Javier Espinoza / Financial Times:
Sources: the EU is considering a mandatory ban on member states using equipment from Huawei and other companies deemed a security risk in their 5G networks
Livemint:
Google, Temasek, and Bain project India's internet economy will hit $1T by 2030, up from $175B in 2022, accounting for 12%-13% of its GDP, up from 4%-5% in 2022
Ben Schoon / 9to5Google:
Samsung plans to hold its next Unpacked event in late July 2023 in Seoul, the first time in its home country, to unveil “its next generation foldable devices”
Sabrina Ortiz / ZDNet:
Instagram appears to be testing an AI chatbot feature, similar to Snapchat's My AI, that offers 30 AI personalities for answering questions and giving advice
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