Techmeme
May 18, 2023, 4:35 AM

Top News

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 …
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 …
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 …
Yogita Khatri / The Block:
Tether plans to invest up to 15% of its profits in bitcoin, as the stablecoin developer shifts its reserves toward crypto and away from US government debt  —  - Tether is set to purchase bitcoin on a regular basis from its profits.  — It held $1.5 billion in bitcoin as of the end of the first quarter …
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
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.  —  ): Corrects story to reflect that the SEC wants Grayscale …
Alex Weprin / The Hollywood Reporter:
Netflix says its ad tier has nearly 5M global MAUs, with a median age of 34, six months after launch, and makes up 25%+ of signups in countries with the option  —  In its inaugural upfront advertising event, executives touted the the streaming service's growing ad tier, and unveiled new sponsorship options.
Jess Weatherbed / The Verge:
Logitech partners with iFixit to help with DIY repairs, supplying spare parts, batteries, and guides for select Logitech hardware starting this summer in the US  —  / Official spare parts, batteries, and repair guides for select Logitech hardware will be available through iFixit starting ‘this summer.’
Kyle Bradshaw / 9to5Google:
An update to Google's Personal Safety app for Android suggests the company plans to offer a Dashcam recording feature for Pixel phones and other select devices  —  Rather than needing to buy a (sometimes pricey) dedicated gadget, you should soon be able to use your Pixel (and select other Android devices) …
Jennifer Elias / CNBC:
Docs: Google plans to use new AI models for ads, customer service, and to help YouTube creators, and is working on an internal Stable Diffusion-like product  —  - Google has approved several ad-related artificial intelligence projects to help advertisers and YouTube creators, internal documents show.
More: NeowinThanks:@mattrosoff
Margi Murphy / Bloomberg:
PitchBook: VC funds invested $187.7M in startups that develop deepfake technologies in 2022 and $50M so far in 2023, up from just $1M in 2017  —  There's some serious venture capital money flowing into the startups that develop deepfake technologies.  —  VC funds invested $187.7 million …
Jaime Brooks / The Seat of Loss:
An in-depth look at the impact of LLMs on music and recording artists, reflecting on Vocaloid's first software in 2004, Hatsune Miku, Drake, and Louis Armstrong  —  A comprehensive guide to ghostwriters, virtual pop stars, and the world to come.  —  Recently, the New York Times published …
Temitayo Lawal / Rest of World:
A look at Nigeria's government-backed digital currency, eNaira, which has failed to convert crypto users and has been hindered by limited internet access  —  The government-backed eNaira, meant as a hedge against inflation, hasn't converted crypto users and has been hindered by limited internet access.
More: TechCabal

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Stephanie Bodoni / Bloomberg:
Sarah Perez / TechCrunch:
Chris Welch / The Verge:

Earlier Picks

Ivan Mehta / TechCrunch:
Ryan Weeks / The Block:
Douglas MacMillan / Washington Post:
Jonathan Greig / The Record:
Chance Miller / 9to5Mac:
Amanda Silberling / TechCrunch: