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Techmeme
June 17, 2024, 9:20 PM
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Top News

Emma Roth / The Verge:
The US DOJ sues Adobe for allegedly harming “consumers by enrolling them in its default, most lucrative subscription plan without clearly disclosing” plan terms  —  The US government is suing Adobe for allegedly hiding expensive fees and making it difficult to cancel a subscription.
Chance Miller / 9to5Mac:
Apple says it will no longer offer Apple Pay Later, the BNPL service launched in the US in 2023, and will focus on installment loan features coming this year  —  Apple has announced that it is no longer offering Apple Pay Later, the “buy now, pay later” service that launched in the United States last year.
María Paula Mijares Torres / Bloomberg:
Tether, the top stablecoin provider, says it made a new synthetic dollar that is backed by gold and will trade as aUSDT via smart contracts on Ethereum Mainnet  —  - Alloy by Tether designed to track dollar with gold collateral  — Tether Gold has a $573 million market capitalization
Alan Ohnsman / Forbes:
Uber says “tens of thousands of riders” in Phoenix have matched with a “Waymo (AI) driver” and have given “a nearly 4.9 average star rating” since the launch  —  The Alphabet Inc. unit, which operates its commercial ride service in three major cities …
Vivek H. Murthy / New York Times:
The US surgeon general says platforms should add a warning label saying that “social media is associated with significant mental health harms for adolescents”  —  One of the most important lessons I learned in medical school was that in an emergency, you don't have the luxury to wait for perfect information.
Calvin Wankhede / Android Authority:
Adobe unveils Firefly-powered image generation in Acrobat, and support for analysis of multiple documents, including non-PDF files, in Acrobat AI Assistant  —  Acrobat's AI Assistant is getting more useful, just months after its debut.  —  •  —  TL;DR
Tim Hardwick / MacRumors:
Kuo: the Apple Watch Series 10 will be thinner and have a bigger screen, from 41mm to 45mm and 45mm to 49mm; Apple will use 3D printing to make some components  —  This year's Apple Watch Series 10 will be thinner and come in larger screen sizes than previous models, according to Apple analyst Ming-Chi Kuo.
Mark Hachman / PCWorld:
Microsoft says the latest version of Windows 11, version 24H2 now in the Release Preview Channel, is “only available for Copilot+ PCs devices”  —  Microsoft has split the future of Windows between two user groups: those with AI-powered Copilot+ PCs and those without.
Kim Zetter / Wired:
Hacking group ShinyHunters claims to have breached contractor EPAM Systems to steal data from Ticketmaster and ~165 other Snowflake users; EPAM denies the claim
Scott Stein / CNET:
Logitech unveils the MX Ink, a $130 stylus coming in September for the Meta Quest 2, Quest 3, and “future headsets”, the Quest's first third-party input device  —  The stylus works in 2D or 3D art in VR and AR, arriving this fall.  Your move, Apple.
Carl Franzen / VentureBeat:
Runway unveils Gen-3 Alpha, a model to generate high-quality, highly realistic 10-second-long video clips; it's unclear if it will come to a free or paid tier  —  New York City-based Runway ML, also known as Runway, was among the earliest startups to focus on realistic high-quality generative AI video creation models.
Aisha Malik / TechCrunch:
YouTube is testing Notes, an experimental crowdsourced tool to let users add context to videos, similar to X's Community Notes, on mobile in the US in English  —  YouTube is introducing a new experimental feature that will allow viewers to add “Notes” to provide more context and information under videos …
Abhinaya Prabhu / Tech Funding News:
Constructor, which provides an AI-powered product discovery and search service for e-commerce companies, raised a $25M Series B at a $550M valuation  —  San Francisco-based Constructor, an AI-powered product discovery and search platform for enterprise ecommerce companies, has closed a $25 million Series B round.
Paul Solotaroff / Rolling Stone:
Inside Snapchat's teen opioid crisis: law-enforcement sources and parents allege that the company has helped fuel an overdose epidemic across the US  —  Law-enforcement sources and grieving families allege that the social media giant Snapchat has helped fuel a teen-overdose epidemic across the country.
Thomas Germain / BBC:
Copywriters detail how AI is affecting their jobs, with some noticing a new line of work to make AI-generated text sound more human, a job that pays a lot less  —  If you're worried about how AI will affect your job, the world of copywriters may offer a glimpse of the future.

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This is a Techmeme archive page. It shows how the site appeared at 9:20 PM ET, June 17, 2024.

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From Mediagazer

Sam Tobin / Reuters:
Prince Harry's phone-hacking lawsuit against News Group Newspaper will go to trial in January 2026, with the parties' legal costs set to exceed £38M

Jeremy Barr / Washington Post:
CNN confirms Kaitlan Collins as its chief White House correspondent; she will become CNN's first prime-time anchor to also serve as its top White House reporter

Takashi Mochizuki / Bloomberg:
Sony buying Kadokawa would help reduce its reliance on outside publishers for anime IP and build out its own portfolio to support PlayStation and other products

More News

Lawrence Lewitinn / The Block:
Coinbase debuts “pre-launch markets” on its global and advanced exchanges outside the US, UK, and Canada, for positions on tokens before they hit spot exchanges
Jess Weatherbed / The Verge:
TikTok expands its Symphony generative AI ad suite with dubbing, stock Digital Avatars based on paid actors, and custom Avatars resembling specific creators

Earlier Picks

Jonathan Maze / Restaurant Business:
McDonald's ends its IBM partnership to test automated Drive Thru orders, plans to remove the tech from 100+ restaurants by July 26, and seeks a new partner
Wall Street Journal:
Sources: Wells Fargo's credit card with fintech startup Bilt, rewarding rent payments and gaining 1M+ signups in 18 months, costs the bank up to $10M per month
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