Techmeme
May 18, 2023, 10:25 AM

Top News

Huw Jones / Reuters:
A UK Treasury Committee crypto report recommends the government regulate trading and investment in unbacked crypto as gambling instead of a financial service  —  Bitcoin , ether and other cryptocurrencies should be regulated as gambling given the significant risks they pose to consumers …
Wall Street Journal:
Montana Governor Greg Gianforte signs the country's first bill that bans TikTok in a state, set to go into effect on January 1, 2024  —  Ban is slated to take effect next year—if it survives expected litigation  —  Montana's governor signed the country's first bill that outright bans TikTok …
Mark Gurman / Bloomberg:
Sources detail Apple's headset ahead of WWDC: a shift from a vision of eyeglasses to ski goggles, Tim Cook's design noninvolvement, selling at cost, and more  —  Many times throughout its history, Apple Inc. has redefined consumer technology by breathing new life into an existing category …
Suvashree Ghosh / Bloomberg:
Binance Australia can no longer offer Aussie dollar deposits due to a decision by Cuscal, “our payment processor's partner bank”, and warns of disruptions  —  The Australian arm of crypto exchange Binance suffered a setback on Thursday after the local platform lost access …
Todd Spangler / Variety:
Michelle Faverio / Pew Research Center:
Survey: 60% of Americans who used Twitter in the past year have taken a break from the social network; 25% say they are not likely to use Twitter in a year  —  A majority of Americans who have used Twitter in the past year report taking a break from the platform during that time …
Tatum Hunter / Washington Post:
Ovulation tracking app Premom agrees to pay $200K to settle with the FTC and state AGs for allegedly sharing user information with third parties without consent  —  The app allegedly shared sensitive user information with China-based companies known for privacy problems
Financial Times:
Chipmakers TSMC, Samsung, Intel, Micron, Applied Materials, IBM, and Rapidus announce plans to increase manufacturing and deepen tech partnerships in Japan  —  Seven of the world's largest semiconductor makers have set out plans to increase manufacturing and deepen tech partnerships in Japan …
Laura Cole / Wired:
An investigation finds that hundreds of freelancers hired as customer service staff catfish users into paying for subscriptions on niche dating and hookup sites  —  Hired as customer service reps, these freelancers were instead tasked with luring in the lonely and lovestruck through a network of dating and hookup sites.
CoinDesk:
Grayscale says the US SEC warned that the Filecoin token meets the definition of a security and asked Grayscale to withdraw its Filecoin Trust application  —  Grayscale announced last month that the SEC suggested FIL might be a security.  —  to withdraw its Form 10 that sought …
Manish Singh / TechCrunch:
Amazon plans to invest $12.7B into its AWS infrastructure in India by 2030, on top of a previous $3.7B, and says its spending will support 131.7K full-time jobs  —  Amazon plans to invest $12.7 billion into its cloud infrastructure in India by 2030, the e-commerce group said Thursday …
Alex Weprin / The Hollywood Reporter:
Netflix says its ad tier has nearly 5M MAUs globally six months after launch and makes up 25%+ of signups in countries with the option; the median age is 34  —  In its inaugural upfront advertising event, executives touted the the streaming service's growing ad tier, and unveiled new sponsorship options.
Washington Post:
A survey of 70 cybersecurity experts: 64% favor reauthorization of FISA's Section 702, set to expire at the end of 2023, with some changes to address abuse  —  Welcome to The Cybersecurity 202!  It's good to be back from Denver.  There, a 6-year-old repeatedly defeated me and/or incapacitated …
More: Politico and CircleID
Diana Li / Bloomberg:
Grammarly announces Grammarly Business, which uses generative AI to summarize key points in email threads, compose replies, and more, rolling out in June 2023  —  Grammarly Inc., a software company known for its writing assistant, is trying to expand its business to the office by harnessing artificial intelligence.

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This is a Techmeme archive page. It shows how the site appeared at 10:25 AM ET, May 18, 2023.

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More News

Jaime Brooks / The Seat of Loss:
Colin Wilhelm / The Block:

Earlier Picks

Jess Weatherbed / The Verge:
Dietrich Knauth / Reuters:
Kyle Bradshaw / 9to5Google:
Yogita Khatri / The Block:
Stephanie Bodoni / Bloomberg:
Ryan Weeks / The Block: