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.

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