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July 13, 2023, 7:55 PM
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Top News

Bloomberg:
The US arrests and charges former Celsius CEO Alex Mashinsky with six counts, including wire fraud; the SEC, CFTC, and FTC sue Mashinsky and the crypto company  —  Alex Mashinsky, the former chief executive officer of Celsius Network Ltd., was accused by prosecutors of orchestrating …
Tom Hals / Reuters:
A US judge says Ripple's XRP sales to sophisticated investors violated securities law but that sales on exchanges were not offers of securities; XRP jumps 70%+  —  U.S. District Judge Analisa Torres said Ripple Labs Inc's institutional sales of its XRP digital token violated federal law …
Aoyon Ashraf / CoinDesk:
After the court ruling, Coinbase, Kraken, and Bitstamp resume XRP trading on their US exchanges, while Gemini is exploring the listing of the token  —  U.S. federal court ruled on Thursday that sale of XRP tokens on exchanges and through algorithms did not constitute investment contracts.
Cat Zakrzewski / Washington Post:
Doc: the FTC sends OpenAI a demand for records about addressing risks tied to its AI models and a March 2023 security incident over payment-related information  —  The agency's demand for OpenAI's documents marks the company's greatest U.S. regulatory threat to date
Jordan Novet / CNBC:
Microsoft names Aptos as the next default font for its Microsoft 365 productivity apps, replacing Calibri; Aptos was available for two years as Bierstadt  —  - After considering user feedback on five options, Microsoft has picked the next default font for its productivity apps like Word and Outlook.
Sam Schechner / Wall Street Journal:
Google updates Bard with 43 more languages, from Arabic to Vietnamese, and privacy features requested by EU regulators, and debuts the tool in Europe and Brazil  —  Latest version to also include a privacy hub for all users  —  Google is betting a new version of its artificial-intelligence chatbot …
Sara Fischer / Axios:
The AP and OpenAI sign a two-year deal; the AP gets access to OpenAI's tech in return for licensing some of its text archive dating back to 1985 for AI training  —  The Associated Press on Thursday said it reached a two-year deal with OpenAI, the parent company to ChatGPT, to share access to select news content and technology.
Bloomberg:
Adobe: US shoppers spent $12.7B on Amazon's 48-hour Prime Day, up 6.1% YoY but below estimates of 9.5% growth; an increasing customer share used BNPL services  —  US shoppers spent $12.7 billion online during Amazon.com Inc.'s 48-hour Prime Day, up 6.1% from a year ago but short of estimates for 9.5% growth, according to Adobe Inc.
Todd Spangler / Variety:
Telly begins shipping its free, ad-supported, dual-screen 4K TV as part of its public beta program; users must submit demographic info, viewing habits, and more  —  Start-up says it received more than 250,000 sign-ups from U.S. consumers … The start-up, which plans to ship some 500,000 free …
Jon Porter / The Verge:
Honor unveils Magic V2, a foldable phone measuring 9.9mm thick when folded and weighing 231g, is thinner and lighter than the Galaxy Z Fold 4 and the Pixel Fold  —  If there's one thing Honor wants you to know about its new Magic V2, it's how thin and light it is.
Amanda Silberling / TechCrunch:
Twitter starts paying Twitter Blue creators who earned 5M+ impressions per month for three months a revenue cut from the ads beside the replies to their tweets  —  Twitter is now paying creators for a share of the ad revenue earned from ads served in the replies to their posts.
Sapna Maheshwari / New York Times:
The Knight First Amendment Institute at Columbia University files a lawsuit challenging Texas' TikTok ban on state devices, for limiting research and teaching  —  A lawsuit filed on Thursday says Gov. Greg Abbott's ban is compromising research and teaching at public universities.
Juli Clover / MacRumors:
Apple updates the macOS Sonoma beta to bring iCloud Keychain passwords to Chrome, Edge, and other Chromium-based browsers via an iCloud Passwords extension  —  The macOS Sonoma update that is in testing allows Mac owners who opt to use Google Chrome, Microsoft Edge, or another browser …
Tim Hardwick / MacRumors:
Apple launches Tap to Pay on iPhone in the UK, starting with Revolut and Tyl by NatWest as the first payment platforms, following the US, Australia, and Taiwan  —  Apple has announced the launch of Tap to Pay on iPhone in the United Kingdom, allowing independent sellers, small merchants …
Mark Bergen / Bloomberg:
A Stability AI co-founder sues the startup over being duped into selling his 15% stake for $100 to CEO Emad Mostaque months before Stability hit a $1B valuation  —  A Stability AI Ltd. co-founder has sued the company, claiming he was tricked into selling his stake for $100 months …
More: Financial Times, Reuters, Forbes, and Semafor
Mastodon: @carnage4life@mas.to.  Twitter: @tomgara and @chrisfralic.  Forums: Hacker News
Leah Nylen / Bloomberg:
At a congressional hearing, FTC Chair Lina Khan defended herself against GOP attacks over her alleged ethics violation and aggressive antitrust enforcement  —  Federal Trade Commission Chair Lina Khan fended off Republican attacks over her adherence to ethics laws and aggressive antitrust enforcement …
Diane Bartz / Reuters:
The FTC asks a federal court to temporarily halt Microsoft's Activision Blizzard acquisition until after an appeals court has ruled on a separate stay request  —  The U.S. Federal Trade Commission asked a federal court on Thursday for a stay that would prevent Microsoft (MSFT.O) …
Ivan Mehta / TechCrunch:
Apple adds bilingual support for five Indic languages to Siri in beta; Google Assistant got multilingual support in 2018 and Alexa got the feature in 2019  —  Apple released its first set of public beta versions of iOS 17, iPadOS 17, and macOS Sonoma on Wednesday.
Bloomberg:
China unveils the final version of its generative AI guidelines, which omits some restrictions present in its April draft, signaling a more flexible regulation  —  China has loosened some of the guardrails it proposed for ChatGPT-style services months ago, as it acknowledges the need to compete …
Jay Peters / The Verge:
Reddit plans to sunset its current coins and awards systems used to show post appreciation by September 12, 2023; no new coins can be purchased starting today  —  Reddit is sunsetting its current coins and awards systems, meaning you soon won't be able to thank a kind stranger for giving you Reddit Gold for one of your posts.
Forums: r/reddit

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This is a Techmeme archive page. It shows how the site appeared at 7:55 PM ET, July 13, 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

Alex Weprin / The Hollywood Reporter:
CEOs at Nexstar, Sinclair, and Tegna, plus some analysts, say they expect deregulation and consolidation in the broadcast TV industry under Trump's FCC

Todd Spangler / Variety:
Don Lemon, who sued Elon Musk and X after a deal fell apart, says he's leaving X on November 15, citing X's new ToS that moves legal disputes to Texas courts

Murray Stassen / Music Business Worldwide:
German royalty licensing group GEMA sues OpenAI and subsidiary OpenAI Ireland in Munich Regional Court, claiming ChatGPT violates copyrights of lyrics

More News

Allison Johnson / The Verge:
Nothing Phone (2) review: neat light strips, a useful always-on display, and four years of software support, but only splash resistant and not Verizon certified
Cat Zakrzewski / Washington Post:
Twitter asks a US federal court to terminate an FTC order that puts restrictions on its data security practices and to stay an FTC deposition of Elon Musk
Kyle Chayka / New Yorker:
A writer details using AI startup Writer's LLM to generate text in his writing style and says that most of the tool's “insights” felt hollow or approximated

Earlier Picks

Sergiu Gatlan / BleepingComputer:
GitHub launches passkey support in public beta, allowing users who opt in to upgrade from security keys and use passkeys in place of a password and a 2FA method
Rachel Metz / Bloomberg:
Elon Musk forms xAI, a startup he will lead to “understand the true nature of the universe”; the staff has worked at Google, Microsoft, Tesla, OpenAI, and more
New York Times:
Microsoft says Chinese hackers gained access to US government email accounts and had access to at least some accounts for a month before the breach was detected
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