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June 20, 2023, 10:45 AM
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| Jane Zhang / Bloomberg: |
In a surprise move, Alibaba names Eddie Wu as CEO, replacing Daniel Zhang, and Executive Vice Chairman Joseph Tsai as Chairman; Zhang will continue as 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 …
More: Alibaba Group, Alizila, ZDNet, Pandaily, South China Morning Post, Hong Kong Free Press HKFP, CNBC, CryptoPotato, Cryptonews, crypto.news, Los Angeles Times, CoinDesk, MarketWatch, The Block, Deadline, Insider, Tech in Asia, Nikkei Asia, New York Times, The Information, Wall Street Journal, Reuters, CNN, Watcher Guru, Silicon Republic, PingWest, Variety, Tech Xplore, Financial Times, TechNode, TechCrunch, Barron's Online, ChinaTechNews.com, and DealStreetAsia
Twitter: @pingroma, @arjunkharpal, @luna_cuili, and @sino_market
| Billy Perrigo / TIME: |
Documents show OpenAI lobbied for parts of the EU's AI Act to be watered down, including successfully avoiding its general purpose AI being deemed “high risk” — The CEO of OpenAI, Sam Altman, has spent the last month touring world capitals where, at talks to sold-out crowds …
More: TechCrunch, Dexerto, WinBuzzer, and MediaNama
Bluesky: @ronmiller.bsky.social. Mastodon: @tante@tldr.nettime.org. Twitter: @billyperrigo, @parismarx, @profnoahgian, @marleenstikker, @schock, @colincrowell, @garymarcus, @djleufer, @abebab, @josephjacks_, @tprstly, and @npcollapse
Forums: r/technology and Slashdot
| Ashley Carman / Bloomberg: |
Source: Spotify plans a more expensive “Supremium” tier with HiFi audio, audiobooks, and more, launching outside the US later in 2023; Premium costs $9.99/month — Spotify Technology SA is planning a more expensive subscription option that's expected to include high-fidelity audio … | John Gruber / Daring Fireball: |
The Anti-Meta Fedi Pact, circulated on Mastodon, pledges to block Meta's planned ActivityPub service, a petty and insular move that will keep Mastodon small — The Anti-Meta Fedi Pact: … Yours truly, on Bluesky a month ago (which, ironically, is not yet open itself, so here's an open preview):
More: fedipact.online and Scripting News
Mastodon: @tiesselune@g33ks.coffee, @jonne@mastodon.online, @EugeneTeplitsky …, @happyborg@fosstodon.org, @Imoptimal@mastodon.social, @stringz@masto.nobigtech.es, @jonas@social.jonaskoeritz.de, @TNLNYC@mastodon.social, @Keev@mastodonczech.cz, @drakulix@tech.lgbt, @cendawanita@mefi.social, @MikeBeas@mas.to, @hl0dwig@g33ks.coffee, @basil@tech.lgbt, @carnage4life@mas.to, @chrismessina@mastodon.xyz, and @timbray@cosocial.ca
| Joe Rossignol / MacRumors: |
Apple expands Self Service Repair to the iPhone 14 range, 13-inch MacBook Air with M2, and 14-inch and 16-inch MacBook Pro with M2 Pro and Max, starting June 21 — Apple today announced that its self-service repair program will be expanding to the iPhone 14 lineup, 13-inch MacBook Air with the M2 chip …
More: Apple, AppleInsider, The Verge, TechCrunch, 9to5Mac, iMore, Apple Must, TweakTown, Supercharged, The Apple Post, Tech News Outlet, Cult of Mac, and BGR. Forums: MacRumors Forums
| Ivan Mehta / TechCrunch: |
After complaints about spam by Indian users, WhatsApp adds the ability to automatically silence calls from unknown numbers and a Privacy Checkup feature — WhatsApp has introduced a new feature to automatically silence calls from unknown numbers. This comes after multiple customers in India …
More: WhatsApp Blog, Android Authority, CNET, Livemint, The Verge, Techpoint Africa, Tech Advisor, Mashable, Moneycontrol, Wccftech, Entrackr, TechRadar, T3, iMore, Neowin, PhoneArena, gHacks Technology News, WABetaInfo, Engadget, Business Today, The Indian Express, Techlusive, Daily Mail, Android Central, Candid.Technology, and Phandroid
| Mark Bergen / Bloomberg: |
Twitter says CEO Linda Yaccarino and Elon Musk do not plan to attend the week-long Cannes Lions festival, even during the company's new “brand safety” push — Elon Musk and Twitter Inc.'s new Chief Executive Officer Linda Yaccarino won't be at the advertising industry's biggest annual event … | Frank Chaparro / The Block: |
Filings: FTX paid $121.8M in legal, consulting, and financial services fees between February 1 and April 30, as some former clients push to reboot the exchange — - FTX's bankruptcy estate paid $121.8 million in legal, consulting and financial services fees and expenses between February 1 and April 30 … | Javier Espinoza / Financial Times: |
Sources: EU antitrust regulators plan to launch a detailed investigation into Adobe's acquisition of Figma later in 2023, which may derail the $20B deal — Transaction faces lengthy antitrust probe in Brussels as global watchdogs signal concern over market consolidation| New York Times: |
GOP lawmakers target Wikimedia, Graphika, and others in a legal campaign, accusing them of colluding with the government to suppress conservative speech online — A legal campaign against universities and think tanks seeks to undermine the fight against false claims about elections, vaccines and other hot political topics.
Twitter: @jswatz, @mattsteinglass, @mollyjongfast, and @mtaibbi
Forums: r/politics, r/NewsOfTheStupid, r/law, and r/moderatepolitics
| Frank Chaparro / The Block: |
Binance begins running nodes on the Bitcoin Lightning Network, part of a plan to use the service for deposits and withdrawals to alleviate network congestion — - Binance confirmed Tuesday it has started the process of integrating the Lightning Network. — They would join rivals Kraken and Bitfinex who have already integrated it.
More: CCN.com, CoinDesk, Finbold, Crypto Daily, CryptoSlate, Coinpedia Fintech News, Decrypt, and Cryptonews
| Sabrina Ortiz / ZDNet: |
Vimeo announces AI tools, coming on July 17, to automate parts of the video creation process: a script generator, a teleprompter, and a text-based video editor — Have you ever had a great video idea that you just never got to because of how much work was involved?| Alexander Osipovich / Wall Street Journal: |
Crypto exchange EDX Markets, backed by Citadel, Fidelity, and Charles Schwab, quietly began executing trades in recent weeks, offering a noncustodial service — EDX Markets won't directly handle customers' digital assets or directly serve individual investors
More: The Block, Watcher Guru, CoinGape, and CryptoSlate
Twitter: @fintechfrank, @jjcycles, @hsakatrades, @thestalwart, @hsakatrades, @silvermanjacob, and @lalleclausen
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