Techmeme
June 23, 2023, 11:50 AM

Top News

Anja Karadeglija / National Post:
Meta plans to remove news content from Facebook and Instagram for users in Canada after the Online News Act passed Canada's Senate and received Royal Assent  —  With Bill C-18 on the verge of becoming law, Canadians could soon see news removed from their Facebook pages and Google searches
Filipe Espósito / 9to5Mac:
Anand J / Moneycontrol:
Sources: Apple is in talks to launch Apple Card in India, meeting with HDFC and the RBI; a source says Apple is holding discussions with the NPCI over Apple Pay  —  This comes in the wake of Apple's decision to stop card payments in India on its App Store and for its iCloud services.
Wall Street Journal:
Tom Warren / The Verge:
In a private email, PlayStation chief Jim Ryan said the Microsoft-Activision deal wasn't about Xbox exclusives, countering Sony's public arguments and filings  —  We're only minutes into the FTC v. Microsoft hearing, and we've already had a bombshell revelation.
Rebekah Valentine / IGN:
Anna Irrera / Bloomberg:
JPMorgan expands its JPM Coin, launched in 2019 for USD transactions, to euro payments; the digital token has been used to process ~$300B in transactions so far  —  JPMorgan Chase & Co. expanded one of the most high-profile projects to bring blockchain technology to traditional banking …
Bloomberg:
A mistakenly released FDIC doc lists SVB customers before its collapse: Sequoia with $1B, Beijing-based Kanzhun with $902.9M, Altos Labs with $680.3M, and more  —  When federal regulators stepped in to backstop all of Silicon Valley Bank's deposits, they saved thousands of small tech startups …
Drew Harwell / Washington Post:
Internal records undercut claims that Twitter censored pro-Trump views before the Capitol riot and show a reluctance to suspend Trump's account until January 8  —  In the internal video call from Jan. 5, 2021, workers were told not to take tougher action against a growing wave of tweets they feared were veiled incitements to violence.
Jordan Novet / CNBC:
AWS plans to invest $100M in a new program to help companies, like Highspot and Twilio, build generative AI tools by connecting them with AWS AI and ML experts  —  - Amazon's cloud unit said Thursday that it's allocating $100 million for a center to help companies use generative artificial intelligence.
Katie Roof / Bloomberg:
Accelerant, which launched a marketplace for insurance underwriters, raised $150M led by Barings at a $2.4B valuation, up from $2.2B in 2022  —  Barings LLC is leading a $150 million investment in Accelerant, valuing the insurance-related business at $2.4 billion.

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The Logan Bartlett Show:
EP 109: Sebastian Siemiatkowski (CEO, Klarna) on the Future of Klarna, Valuation Changes and AI in Finance
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
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More News

Sandali Handagama / CoinDesk:
Lee Harris / American Prospect:
Jane Lanhee Lee / Reuters:

Earlier Picks

Rashi Shrivastava / Forbes:
Anton Shilov / AnandTech:
Kaya Yurieff / The Information:
CoinDesk:
Kevin Purdy / Ars Technica:
Sergiu Gatlan / BleepingComputer: