Techmeme
October 17, 2022, 3:10 PM

Top News

Jon Porter / The Verge:
Parler agrees to be acquired by Ye, formerly Kanye West, to create “an uncancelable ecosystem where all voices are welcome”; the deal is set to close in Q4 2022  —  Kanye West, the musician also known as Ye, is buying Parler, a social media platform that styles itself as a “free speech” alternative to Twitter.
Nikkei Asia:
Reuters:
Sources detail how Changpeng Zhao and other executives sought to “insulate” Binance from scrutiny by US and UK authorities, including by setting up Binance.US  —  A plan to “insulate” itself from the SEC. A backdated document.  An exodus of compliance staff.
Nikhilesh De / CoinDesk:
Filing: Texas' securities regulator is investigating crypto exchange FTX US over allegations the company offers unregistered yield-bearing securities products  —  Texas securities regulator's director said he set up a yield-bearing account on FTX US, despite identifying his address as being located within the U.S.
Kate Rooney / CNBC:
Mastercard partners with Paxos to let financial institutions offer cryptocurrency trading to their clients; PayPal already uses Paxos to offer a similar service  —  - Mastercard is launching a program to let financial institutions offer cryptocurrency trading to their clients.
Noah Smith / Noahpinion:
Analysis of the Biden admin's sweeping move to curb China's chip sector: why it happened now and how it could usher in a new global economic paradigm  —  Now it's on.  —  “You come at the king, you best not miss.” — Omar Little  —  In a post back in August, I offered some thoughts …
Bloomberg:
Stability AI raised a $101M seed, a source says at a ~$1B valuation, and its CEO says Stable Diffusion has 10M DAUs and its web app DreamStudio has 1.5M+ users  —  The parent company of Stable Diffusion, an artificial intelligence tool that makes digital art, has reached unicorn status …
Meta:
Meta found a Meta Workplace account was externally created on October 13 to imitate an internal Instagram system, used as “evidence” for The Wire's reporting  —  This is an ongoing investigation and we will update as it unfolds.  At this time, we can confirm that the video shared …
Ann-Marie Alcántara / Wall Street Journal:
A look at Gas, an iOS app for teens to “gas each other up”; Data.AI: Gas had 500K+ downloads since its August launch, despite being limited to a few US states  —  Gas is topping Apple's App Store charts despite being limited to a handful of states  —  TBH was hot.
ProPublica:
Many big US property managers use RealPage's YieldStar software to set rent prices, raising questions about potential collusion in violation of federal law  —  ProPublica is a nonprofit newsroom that investigates abuses of power.  Sign up to receive our biggest stories as soon as they're published.
Dean Takahashi / VentureBeat:
Discord debuts Activities, which lets users share experiences like playing games and watching videos, an App Directory, Premium App Subscriptions, and more  —  Discord announced a number of upgrades to its platform today, including activities where users can play casual games with each other.

Sponsor Posts

Meta:
Open Source AI: Available to all, not just the few  —  Meta's open source AI enables small businesses, start-ups, students, researchers and more to download and build with our models at no cost.
Zoho:
The crossroads of AI and SaaS  —  Enabling businesses of all sizes to build products in-house and disqualifying SaaS tools that are not AI-powered.  In a span of just two years, AI has made a name for itself as the key driver for innovation.
Genesys:
Executive Insights: The Era of Contact Center AI Copilots  —  How AI copilots are transforming customer experience and agent performance.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Techmeme Ride Home:
Fri. 12/20 - Gemini Flash Thinking
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:10 PM ET, October 17, 2022.

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.

More News

Earlier Picks

Margaux Nijkerk / CoinDesk:
Osato Avan-Nomayo / The Block: