Techmeme
June 13, 2023, 3:20 PM

Top News

The Verge:
Staff memo: Reddit's CEO says “like all blowups on Reddit, this one will pass”, new moderation tools are vital, wearing Reddit gear in public is risky, and more  —  In an internal memo sent Monday afternoon to Reddit staff, CEO Steve Huffman addressed the recent blowback directed at the company …
Casey Newton / Platformer:
Reddit's API pricing changes stem from LLMs driving up the value of the site's data, an upcoming IPO, and third-party apps generating no revenue for the company  —  As it moves to shut down third-party apps, the site's self-governing ethos comes back to haunt it  —  I.
Vishal Chawla / The Block:
The SDNY releases documents showing a former SEC director suggested ether and bitcoin were not securities in 2018, which crypto advocates say undermines the SEC  —  - Certain documents related to former SEC director William Hinman have been released in the SEC's lawsuit against Ripple Labs.
Mark Savage / BBC:
Paul McCartney says a sound editor used AI to “extricate” John Lennon's voice from an old demo to create “the final Beatles record”, slated for release in 2023  —  Sir Paul McCartney says he has employed artificial intelligence to help create what he calls “the final Beatles record”.
Ivan Mehta / TechCrunch:
YouTube lowers its Partner Program monetization requirements, including creators needing 500 subscribers, not 1,000, and just 3K watch hours or 3M Shorts views  —  YouTube is lowering the requirements for creators to get access to monetization tools under the YouTube Partner Program (YPP).
Alexa Corse / Wall Street Journal:
Reuters:
Wall Street Journal:
Ivan Mehta / TechCrunch:
Google's June Pixel update rolls out new safety features, oxygen saturation monitoring for the Pixel Watch, and more  —  Google announced the June Pixel Drop today with features like the ability to schedule a safety check with Google Assistant, instant location sharing with emergency contacts …
Sam Kessler / CoinDesk:
Uniswap Labs details Uniswap v4, the next version of the decentralized exchange, and asks for feedback; Uniswap v3 launched in 2021 and has processed over $1T  —  The biggest decentralized crypto exchange is opening its development process to the public for the first time as the SEC cracks down on its centralized competitors.
Wall Street Journal:
Sources: Netflix is in talks to livestream its first sporting event this fall, a celebrity golf tournament with professional golfers and Formula One drivers  —  Tournament to include celebrities from Formula One series ‘Drive to Survive’ and golf program ‘Full Swing’
Financial Times:
A look at the global network of subsea internet cables, dominated by companies from France, the US, and Japan, as China circumvents US curbs to build its own  —  Nearly 1.4mn kilometres of metal-encased fibre criss-crosses the world's oceans, speeding internet traffic seamlessly around the globe.
Dell Cameron / Wired:
A declassified ODNI report from 2022: the US has amassed troves of “sensitive and intimate information” about Americans purchased from commercial data brokers  —  A newly declassified report from the Office of the Director of National Intelligence reveals the federal government is buying troves of data about Americans.
Avram Piltch / Tom's Hardware:
Google's Search Generative Experience seems like an “AI plagiarism engine” that cobbles together snippets of text from a variety of sites, often word-for-word  —  The Search Generative Experience seems more like a text-copying experience.  —  Search has always been the Internet's most important utility.
Molly White:
Unpacking Coinbase's flawed talking points in its battle with the SEC, including the argument that “securities laws written in the 1930s can't apply to crypto”  —  Coinbase is trotting out its usual flawed arguments now that it's facing a lawsuit from the SEC, and more pushback is needed.
Max Read / New York Times:
How Jimmy Donaldson, aka MrBeast, became a viral sensation for his absurd acts of altruism and pitching subscribing as an act of charity, sometimes literally  —  Jimmy Donaldson, a.k.a. MrBeast, has become a viral sensation for his absurd acts of altruism.  Why do so many people think he's evil?
Sheridan Prasso / Bloomberg:
Researchers find 10+ items on Temu in the US that were made or sold by companies in Xinjiang, China, flouting a US ban on the region known for forced labor  —  Products made in China's western province of Xinjiang are being sold to US consumers through the online shopping platform Temu …
More: Tech in Asia

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Earlier Picks

CNBC:
Larry Dignan / Constellation Research:
Andrew Cunningham / Ars Technica:
Cecilia D'Anastasio / Bloomberg: