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Techmeme
June 7, 2023, 1:45 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.
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  —  SEC v. Crypto  —  “A decent rule of thumb,” I wrote in March, “is that all cryptocurrency exchanges are doing crimes …
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
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 …
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:
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
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 …
The Athletic:
Sources: MLS and Apple discussed offering Lionel Messi a revenue share generated by new Season Pass subscribers; on June 6, Apple announced a Messi docuseries  —  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.
Alyssa Mercante / Kotaku:
A look at Twitch's new ad rules covering branded content, a crucial source of income for creators; after an outcry, Twitch says the 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.'
Kris Holt / Engadget:
Mojang launches Minecraft: Bedrock Edition on Chromebook after an early access period, available on Chromebooks from the past three years and other models  —  It will run on any Chromebook from the last three years, as well as some other models.  —  Following an early access period …
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 …
Jack Schickler / CoinDesk:
Filings: the SEC started its Binance.US investigation in August 2020; BAM Trading, which runs Binance.US, generated $411M revenue and $225M profit in that time
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.
Jeffrey Dastin / Reuters:
Google Cloud partners with Priceline to help the travel agency develop an AI chatbot for planning trips, suggesting hotels like a “personal concierge”, and more  —  Want a New York hotel near a Christmas market, a vegan restaurant, or another attraction?
Javier Espinoza / Financial Times:
Sources: the EU is considering a mandatory ban on using equipment from Huawei and other companies that are deemed to present a security risk in 5G networks  —  Brussels concerned lack of action by member states to bar high-risk companies threatens security of entire bloc
Brendan I. Koerner / Wired:
A profile of Christopher Bouzy, the CEO of Twitter analytics startup Bot Sentinel, and his attempts to build Twitter rival Spoutible, starting in November 2022  —  When Elon Musk's reign of toxic chaos began, Christopher Bouzy didn't just go looking for a rival place to post.
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”  —  Report alleges that Nasdaq listed company is an ‘exceptionally obvious scam’  —  Shares in Tingo Group more than halved …

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This is a Techmeme archive page. It shows how the site appeared at 1:45 PM ET, June 7, 2023.

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From Mediagazer

Axios:
Sources: G/O Media sold business news brand Quartz and commerce site The Inventory to software firm Redbrick, the fourth Quartz ownership change in seven years

Katie Campione / Deadline:
WGA members “overwhelmingly” ratify a new three-year deal with CBS News that includes AI protections and is modeled after a recent ABC News contract

Ella Creamer / The Guardian:
A judicial panel consolidates 12 copyright cases against OpenAI and Microsoft in New York, including cases from Ta-Nehisi Coates, John Grisham, and the NYT

More News

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

Earlier Picks

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”
Jess Weatherbed / The Verge:
1Password launches a passkey public beta for Chrome, Edge, Safari, Firefox, and Brave but not its mobile apps, after announcing passkey support in November 2022
The Verge:
Apple acquires Los Angeles-based Mira, which makes AR headsets for companies and the US military; the startup had raised ~$17M and was once advised by Jony Ive
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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