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February 23, 2023, 1:05 PM
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Top News

Shaurya Malwa / CoinDesk:
Coinbase launches Base, a Layer 2 network using Optimism's OP Stack, offering access to Ethereum, Solana, and others, and has no plans for new network tokens  —  Base is built on Optimism and Coinbase has no plans to issue a new network token.  —  Join the most important conversation …
CoinDesk:
A US court unseals a superseding indictment against Sam Bankman-Fried containing 12 charges, up from the initial eight, including alleged bank fraud  —  FTX founder Sam Bankman-Fried faces additional charges, including bank fraud allegations, under a new indictment unveiled Thursday morning.
New York Times:
In its superseding indictment, the US charges that SBF and two unnamed FTX executives made 300+ “unlawful” political donations, including using customer funds  —  Prosecutors accused FTX founder Sam Bankman-Fried and two unnamed people of making unlawful campaign donations using customers' money.
Luca Bertuzzi / Euractiv:
Memo: the European Commission bans TikTok on corporate devices and personal devices using corporate apps, asking staff to uninstall the app by March 15  —  The EU executive's IT service has asked all Commission employees to uninstall TikTok from their corporate devices …
Davey Alba / Bloomberg:
Microsoft appears to have updated the new Bing to end chats following prompts mentioning “feelings” or “Sydney”, after adding chat restrictions on February 17
Rosie Perper / CoinDesk:
Spotify tests “token-enabled playlists”, letting some NFT holders connect their wallets and listen to curated music, starting on Android in select countries  —  Music streaming Spotify is testing a new service called “token-enabled playlists,” which allows holders of non-fungible tokens …
Osato Avan-Nomayo / The Block:
Binance shut down the derivative trading accounts of retail users in Australia after an investigation found customers were misclassified as wholesale investors  —  Binance closed the derivative trading accounts of some wholesale investors in Australia after an investigation found that they didn't meet the criteria for such investors.
Emily Nicolle / Bloomberg:
After years of mismanagement and commingling funds, Binance plans to shift to a “semi-automated” model for handling reserves of its so-called B-Tokens
Max Weinbach / 9to5Mac:
Leaked iPhone 15 CAD files reveal a larger 6.2-inch display, Dynamic Island, a USB-C charging port, and more, after iPhone 15 Pro CAD files leaked last week  —  Apple's iPhone 15 is still months away from being announced, but we have some exciting news to share with you today.
Jennifer Elias / CNBC:
Internal FAQ: Google asks Cloud employees and partners in its five largest US locations to share desks starting in Q2 and work from an office on alternate days  —  - The company's cloud unit has told employees that it will transition to a desk-sharing workspace in its five largest locations.
Steve Dent / Engadget:
Samsung announces a standardized 5G Non-Terrestrial Network (NTN) modem that enables two-way communication between smartphones and satellites  —  There was speculation that Samsung could use smartphone-to-satellite technology in its Galaxy S23 much like Apple has for the iPhone 14, but that didn't happen in the end.
Todd Spangler / Variety:
YouTube rolls out multi-language audio tracks to more creators worldwide; creators saw 15%+ of their watch time from the video's non-primary language in January  —  After initial testing over the last few months, YouTube is rolling out access to multi-language audio tracks to more creators worldwide …
Nikkei Asia:
Sources: Apple has chosen China's Luxshare to help develop its AR devices, the first time Apple has picked a Chinese supplier for a first-generation product  —  Reliance on a Chinese supplier for first-gen gadget a first for iPhone maker  —  TAIPEI — Apple has chosen China's Luxshare …
Jack Schickler / CoinDesk:
Filings: the SEC and NYDFS oppose Voyager's plan to sell its assets to Binance.US for $1.02B, alleging sales of unregistered securities like Voyager's VGX token  —  A $1.02 billion deal by Binance.US to purchase assets of defunct crypto lender Voyager has been opposed by New York …
Ankush Khardori / New York Magazine:
An interview with SEC chair Gary Gensler on meeting with Sam Bankman-Fried and FTX executives in March 2022 and late 2021, how tokens are securities, and more
Sarah Krouse / Wall Street Journal:
Netflix cut its prices on certain subscription tiers across 36+ countries in recent weeks, in some cases halving the cost; Netflix operates in 190+ countries  —  Move comes as streaming company says members ‘have never had more choices when it comes to entertainment’
Jon Haidt / After Babel:
An analysis of 100+ studies finds that social media is a major cause of depression and anxiety in teen girls, not just a tiny correlate, especially after 2012  —  Journalists should stop saying that the evidence is just correlational  —  A big story last week was the partial release …
Taylor Hatmaker / TechCrunch:
Ben Rubin, who founded Meerkat and Houseparty, announces Towns, a protocol and a web-based chat app, and raised a $25.5M Series A led by a16z Crypto  —  After launching a pair of well-loved but ultimately star-crossed social apps, Ben Rubin is going all-in on decentralization.
Adam Rawnsley / Rolling Stone:
Twitter under Elon Musk has yet to publish transparency reports detailing government content removal demands; the company published its last report in July 2022  —  “That shit went out the window right after Elon came in,” one former staffer says of Twitter's previously routine transparency reports
New York Times:
After the US passed the industry-supported $52B CHIPS Act, chipmakers turn cutthroat to snag a bigger share of the federal cash, setting off a lobbying frenzy  —  Semiconductor companies, which united to get the CHIPS Act approved, have set off a lobbying frenzy as they argue for more cash than their competitors.
Mozilla Foundation:
An analysis of the top 40 Android apps on Google Play finds that nearly 80% had discrepancies between their privacy policies and Google's Data Safety labels  —  The apps' privacy policies, however, both explicitly state that they share user information with advertisers, Internet service providers …
Blake Brittain / Reuters:
Letter: the US Copyright Office says a graphic novel's images that were generated using the AI tool Midjourney should not have been granted copyright protection  —  Images in a graphic novel that were created using the artificial-intelligence system Midjourney should not have been granted copyright protection …

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This is a Techmeme archive page. It shows how the site appeared at 1:05 PM ET, February 23, 2023.

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From Mediagazer

Peter White / Deadline:
Fox and Hulu extend their content partnership, including in-season streaming rights for Fox's programming; sources: the deal is worth $1.5B over four years

Andrew Deck / Nieman Lab:
Experts expect a surge in FOIA requests in Trump's second term, causing more delays and lawsuits; FOIA.gov: as of Q3 2024, the backlog of requests reached 222K+

Jonathan Stempel / Reuters:
A New York judge finds Sirius XM liable for a difficult subscription cancellation process; Sirius says it will appeal but abide by a new “click-to-cancel” rule

More News

Arjun Kharpal / CNBC:
Alibaba reports Q3 revenue up 2% YoY to ~$35.9B, China Commerce revenue down 1% YoY to ~$24.6B, and net income up 69% YoY to ~$6.8B

Earlier Picks

Shirin Ghaffary / Vox:
Social media's emerging “pay-to-play” model turns functionality that users expect for free, like security, visibility, and technical support, into premium items
Mickey Djuric / The Canadian Press News:
Google tests blocking news content in Search for fewer than 4% of Canadian users for about five weeks, a potential response to Canada's proposed Online News Act
Bloomberg:
A look at Twitter v. Taamneh and the US Supreme Court's struggle to determine whether social media companies can be held responsible for aiding terrorism
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