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June 28, 2023, 2:05 PM
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Top News

Yogita Khatri / The Block:
Report: FTX's talks with investors on reboot proposals, due this week, include a joint venture, a rebrand, and stakes for certain existing customers  —  - FTX has a deadline of this week for interested parties to submit their proposals to potentially help restart the exchange, the WSJ reported.
Jesse Coghlan / Cointelegraph:
FTX sues former compliance officer Daniel Friedberg, alleging he was Sam Bankman-Fried's “fixer” who made “hush money” payments to two potential whistleblowers
Colin Wilhelm / The Block:
A US judge denies Sam Bankman-Fried's motion to dismiss or sever most of the criminal charges he faces; Bankman-Fried faces 100+ years in prison if convicted
New York Times:
UK convenience stores are increasingly using facial recognition tech to combat shoplifting, which critics say is a disproportionate solution for minor crimes  —  British merchants are increasingly using the technology to combat shoplifting, raising questions about its spread as artificial intelligence rapidly improves it.
Dan Goodin / Ars Technica:
Analysis: the Clop ransomware group has breached 122 organizations and stolen the data of ~15M people to date by exploiting a zero-day flaw in Progress' MOVEit  —  The dramatic fallout continues, with as many as 122 organizations now breached.  —  The dramatic fallout continues …
Jack Schickler / CoinDesk:
The EU Commission publishes its digital euro legislative plans, including privacy and financial stability safeguards; some backers question the CBDC's benefits  —  Officials want a digital payment system available to “everyone, everywhere, for free.”  —  BRUSSELS, Belgium …
Wall Street Journal:
Sources: the US is considering new AI chip export restrictions to China as soon as July, which could even ban the sales of Nvidia's A800 chip without a license  —  Restrictions come amid concerns that China could use AI chips from Nvidia and others for weapon development and hacking
Bloomberg:
An interview with senior Binance executive Yi He, who has been out of the global spotlight and has children with CZ, on regulators, compliance, Okcoin, and more  —  One senior Binance executive has managed to stay out of the global spotlight over the past six years and counting …
Ingrid Lunden / TechCrunch:
Carl Pei's Nothing raised $96M led by Highland Europe before the Phone (2)'s launch, taking the company's funding to $250M; sources say 2022 revenue was $200M  —  Smartphone sales are in decline as handset makers grapple with saturated markets and a tough consumer economic climate.
Patience Haggin / Wall Street Journal:
Adalytics: ~80% of Google's video ad placements on third-party sites violated the company's promised standards between 2020 and 2023; Google disputes the claims  —  About 80% of Google's video-ad placements on third-party sites violated promised standards, new research shows; Google disputes claims
Alexandra Sternlicht / Fortune:
How Shein's Guangzhou factory influencer tour, likely meant to foster goodwill and improve the company's image before a rumored IPO, backfired spectacularly  —  In recent days, Chinese fast fashion giant Shein took a handful of influencers on a tour of its Guangzhou factory.
Emma Roth / The Verge:
DoorDash announces new features for couriers, including “earn by time” for a guaranteed hourly minimum rate, real-time location sharing, and Dash Along the Way  —  DoorDash is making a big change to the way couriers get paid.  In an announcement on Wednesday …
Bloomberg:
A look at Anonymous Sudan, a self-described hacktivist group that researchers tied to Russia and that has targeted Microsoft, Sweden, Israel, the US, and others  —  A hacking group responsible for a series of outages at Microsoft Corp. earlier this month had spent the previous months attacking targets …
Kyle Wiggers / TechCrunch:
OpenAI updates ChatGPT for iOS with Browse with Bing for ChatGPT Plus subscribers, answering questions using information beyond ChatGPT's original training data  —  ChatGPT on mobile can now surf the web.  But only via Bing.  —  Today, OpenAI announced that subscribers to ChatGPT Plus …

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This is a Techmeme archive page. It shows how the site appeared at 2:05 PM ET, June 28, 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.

From Mediagazer

Brian Stelter / CNN:
In a letter to Bob Iger, incoming FCC Chair Brendan Carr raised concerns about ABC's negotiations with its affiliated stations, public trust in media, and more

Todd Spangler / Variety:
Fubo says TelevisaUnivision has pulled its networks from Fubo and that TelevisaUnivision offered terms “that would increase prices by 25%” for Fubo subscribers

Cecilia D'Anastasio / Bloomberg:
Riot Games says it spent $250M on an unusual deal to finance two seasons of League of Legends show Arcane on Netflix; sources: there was no plan to recoup costs

More News

Miranda S. Spivack / New York Times:
Experts say there is a growing need for data centers in the US, where Statista says there were 2,701 in 2022, but finding the land and energy may be a challenge

Earlier Picks

Foo Yun Chee / Reuters:
EU countries and lawmakers reach an agreement on the Data Act, establishing rules on how Big Tech and other companies use European consumer and corporate data
Sapna Maheshwari / New York Times:
TikTok admits to funding the TikTok creators' lawsuit in Montana that is challenging the state's ban of the app, but says the company is not paying the creators
David Heaney / UploadVR:
Report: Google canceled its “Iris” AR glasses project earlier in 2023 to focus on creating AR software platforms to license to headset manufacturers
Issie Lapowsky / Fast Company:
SCOTUS rules 7-2 that for an alleged cyberstalker to be a “true threat”, a court must prove they recklessly disregarded that their words may be seen as threats
Ivan Mehta / TechCrunch:
Meta launches new parental controls and other safety features for Messenger and Instagram in the US, the UK, and Canada, including letting parents view contacts
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