Note: Techmeme is hiring part-time editors. Go here to apply, or tell a friend!
Techmeme
June 20, 2023, 2:25 AM

Top News

Gabriela Galindo / Wired:
How Apple is trying to gain IP rights over depictions of apples globally, worrying Fruit Union Suisse that the 111-year-old company may need to change its logo  —  Apple, the company, wants rights to the image of apples, the fruit, in Switzerland—one of dozens of countries where it's flexing its legal muscles.
Carly Page / TechCrunch:
The BlackCat ransomware gang threatens to release 80GB of data allegedly stolen from Reddit; the company says BlackCat's claims relate to a February 5 attack  —  Hackers are threatening to release confidential data stolen from Reddit unless the company pays a ransom demand - and reverses its controversial API price hikes.
Jane Zhang / Bloomberg:
Alibaba announces Eddie Wu to succeed Daniel Zhang as CEO and names Executive Vice Chairman Joseph Tsai as Chairman; Zhang will continue as Alibaba Cloud CEO  —  Alibaba Group Holding Ltd. is replacing eight-year veteran chief Daniel Zhang at the helm of a Chinese e-commerce leader bleeding market share …
Bloomberg:
Sources: Germany and Intel agree on subsidies worth ~€10B for its chip plant in Magdeburg, up from an initial agreement on €6.8B, as part of a ~€30B project  —  Germany and Intel Corp. sealed an agreement for the US company to receive an enlarged subsidy package worth about €10 billion …
Jon Pincus / The Nexus Of Privacy:
Amid ongoing Reddit protests, decentralized link aggregation and discussion forum projects Lemmy and Kbin grow to a total of 70K+ MAUs and 1,000+ instances  —  Tens of thousands of people have signed up for KBin and Lemmy accounts since I first published Don't tell people “it's easy” …
Nikou Asgari / Financial Times:
Sources: internal teams at Singapore-based Crypto.com trade tokens for profit on the exchange and elsewhere, a little-known fact since the company's 2016 launch  —  Singapore group has desk to profit from market moves  —  Crypto.com, the exchange endorsed by Hollywood actor Matt Damon …
Thomas Germain / Gizmodo:
Some publishers say they have seen a sharp drop in Facebook traffic since May 2023; Echobox: the share of traffic to publisher sites from Facebook fell ~50% YoY  —  With no communication from the company, publishers relying on Facebook traffic are at the mercy of the inscrutable algorithm, and they say it's punishing them.
Tim Hakki / Decrypt:
Twitter suspends Explain This Bob, a GPT-4 chatbot tied to the BOB Token, after Elon Musk called the account a “scam”; Musk replied “I love Bob” in April 2023  —  The move marks an abrupt about-face for Musk, who had previously engaged with the bot's content on Twitter.

Sponsor Posts

Google:
Generate videos with Veo 3 in Google Gemini  —  Create high-quality, 8-second videos with Veo 3, our state-of-the-art AI video generator.  Try it with a Google AI Pro plan or get the highest access with the Ultra plan.
UiPath:
UiPath Unveils 10 Innovations that Will Shape the Agentic Future  —  Orchestration engine, API workflows and agentic testing among key features of new UiPath Platform™ for agentic automation, launched at UiPath DevCon 2025
Zoho:
AI meeting assistants: A game-changer in communication  —  We've come a long way from live video call demonstrations at world's fairs.  What was once considered a futuristic idea is now a vital part of how we collaborate …
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

Acquired:
The Steve Ballmer Interview
Learn the playbooks that built the world's greatest companies - and how you can apply them as a founder, operator, or investor.
Subscribe to Acquired.
Lenny's Podcast:
Why Uber's CPO delivers food on weekends | Sachin Kansal
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
Subscribe to Lenny's Podcast.
Techmeme Ride Home:
Big Meta/Anduril Deal Is A Big Deal
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe to Techmeme Ride Home.
The Social Radars:
Ron Conway, Founder, SV Angel Part 4 (Bonus)
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
Subscribe to The Social Radars.
Hard Fork:
The A.I. Jobpocalypse + Building at Anthropic with Mike Krieger + Hard Fork Crimes Division
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
The Logan Bartlett Show:
Rick Smith (CEO, Axon): The Wild Ride From Near-Bankruptcy to $50B+
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:25 AM ET, June 20, 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

Tracy Qu / South China Morning Post:

Earlier Picks

Rebecca Tan / Washington Post:
John Carreyrou / New York Times:
Frank Bajak / Associated Press: