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.

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 10:25 AM ET, May 18, 2023.

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

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: