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July 13, 2023, 10:20 PM
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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
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.
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
Bloomberg Law:
A US district judge denies the FTC's motion to stay Microsoft's Activision Blizzard acquisition; the FTC is still seeking emergency action by the 9th Circuit  —  The US Federal Trade Commission lost its request for a California judge to temporarily block Microsoft Corp. from closing …
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.
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.
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.
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.
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 …
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 …
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.
Andrew Webster / The Verge:
SAG-AFTRA: AMPTP's AI proposal lets studios scan a background actor to create a digital likeness, for a day's pay, for perpetual use without consent or pay  —  During today's press conference in which Hollywood actors confirmed that they were going on strike, Duncan Crabtree-Ireland …
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, Forbes, Reuters, and Semafor
Mastodon: @carnage4life@mas.to.  Twitter: @tomgara and @chrisfralic.  Forums: Hacker News
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 …
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 …
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 …
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 …

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This is a Techmeme archive page. It shows how the site appeared at 10:20 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

Max Tani / @maxwelltani:
Memo: WaPo's Matt Murray lays out plans for WP Ventures, the “third newsroom”; Krissah Thompson will be editor and Samantha Henig will be general manager

Leo Schwartz / Fortune:
Sources: CoinDesk owner Bullish fired three editors, including EIC Kevin Reynold, amid controversy over forcing editors to take down an article on Justin Sun

Wall Street Journal:
Sources detail creative differences between the Broccoli family, which has creative control over the James Bond franchise, and Amazon, which owns the franchise

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

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
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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