Techmeme
August 25, 2023, 11:24 AM

Top News

Ariel Bogle / The Guardian:
NYT, CNN, and some other news outlets block OpenAI's GPTBot web crawler from accessing their content; some have also blocked Common Crawl Foundation's CCBot  —  Chicago Tribune and Australian newspapers the Canberra Times and Newcastle Herald also appear to have disallowed web crawler from maker of Chat GPT
Yueqi Yang / Bloomberg:
Mastercard and Binance plan to end their card partnership in Latin America and Middle East on September 22; Visa stopped issuing Binance cards in Europe in July  —  - Visa halts issuing new Binance Card while Mastercard ends pact  — Crypto exchange under legal and regulatory challenges globally
Wall Street Journal:
US Treasury proposes new rules treating crypto exchanges more like stockbrokers, requiring them to report crypto gains to the IRS, starting in 2026  —  Long-delayed regulations would treat crypto platforms more like brokers who handle stocks and mutual funds
AJ Vicens / CyberScoop:
Microsoft researchers say Flax Typhoon, a hacking group with suspected links to the Chinese government, is actively targeting dozens of organizations in Taiwan  —  A group dubbed Flax Typhoon has targeted “dozens” of Taiwanese organizations, according to new research from Microsoft.
Julian Chokkattu / Wired:
Citizen suspends sales of its $350 CZ Smart smartwatch, launched on May 1; review units had extensive issues, including freezing and inaccurate tracking data  —  The second-generation CZ Smart launched a few months ago.  Both the company and reviewers have found serious technical issues.
Sahil Patel / The Information:
Sources: Amazon has had early talks with Disney about working on a streaming version of ESPN, perhaps helping with distribution and taking a minority stake  —  Amazon has had early talks with Disney about working on the streaming version of ESPN it is developing, said people familiar with the matter.
Manish Singh / TechCrunch:
Indian instant grocery startup Zepto raised a $200M Series E led by StepStone at a $1.4B valuation, taking its funding to $560M, India's first unicorn of 2023  —  Instant grocery delivery startup Zepto has raised $200 million in a new funding round at a valuation of $1.4 billion, it said Friday …
Brody Ford / Bloomberg:
Dropbox ends its unlimited option, capping its “all the space you need” storage plan to 5TB, after some abused the tier by pooling storage, reselling, and more  —  - Company says some abused ‘all the space you need’ policy  — Majority of users will see storage capped at 5 terabytes
David Jeans / Forbes:
NYC-based digital lender Better.com closed down 94% in its Nasdaq debut on Thursday after a SPAC merger  —  Once valued at $7.7 billion, Vishal Garg's SoftBank-backed company faced a cratering stock price and no plans for profitability as it went public Thursday via a SPAC merger.  —  W

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