Techmeme
June 6, 2023, 1:35 PM

Top News

Austin Weinstein / Bloomberg:
The SEC sues Coinbase, alleging the exchange operated as an unregistered broker since at least 2019 and broke the rules by offering “staking”; COIN drops 15%+  —  The Securities and Exchange Commission sued Coinbase Global Inc. in federal court in New York on Tuesday, alleging the crypto firm for years broke its rules.
More: USDC SDNY, U.S. Securities …, CNBC, Reuters, The Block, Financial Times, CoinDesk, Finbold, CoinDesk, PYMNTS.com, Wall Street Journal, TechCrunch, PCMag, The Block, The Verge, Forbes, The Block, The Block, Finextra, The Block, Silicon Republic, TechCrunch, New York Times, DL News, VICE, The Block, Cointelegraph, The Information, ZyCrypto, crypto.news, PC Gamer, WRAL TechWire, Chamber of Progress, CoinGape, CCN.com, Rolling Stone, Ethereum World News, Reuters, Fortune, CryptoSlate, Tech in Asia, CryptoPotato, Tech Startups, Wealth Management, Bitcoin News, Newser, CryptoGlobe, Coinspeaker, and nft now
Zhiyuan Sun / Cointelegraph:
Matthew Panzarino / TechCrunch:
Hands-on with Apple Vision Pro, which seems to be a genuine leapfrog in capability and execution of XR, offering near perfect eye tracking and gesture control  —  After a roughly 30 minute demo that ran through the major features that are yet ready to test I came away convinced that Apple …
Ben Thompson / Stratechery:
Apple Vision Pro is incredibly compelling as a product and for its potential use cases; what the device says about society, though, is a bit more pessimistic  —  It really is one of the best product names in Apple history: Vision is a description of a product, it is an aspiration for a use case …
Mark Gurman / Bloomberg:
Apple Vision Pro will take at least five years to supplant the iPhone, reflected by Tim Cook not wearing one; the spatial computing UI is what's most impressive  —  Hey everyone, it's Mark.  Apple introduced the Vision Pro on Monday at WWDC, looking to an era beyond the iPhone, iPad and Mac.
Todd Spangler / Variety:
Alex Konrad / Forbes:
Sequoia plans to split into three firms, Sequoia in the US and Europe, HongShan in China, and Peak XV in India and Southeast Asia, “no later than” March 2024  —  Venture capital's biggest global brand is breaking up, with Sequoia's China and India and Southeast Asia funds relaunching …
Tom Wilson / Reuters:
Nansen: investors pulled ~$780M from Binance and $13M from its US affiliate in the past 24 hours, following the SEC's lawsuit  —  Investors have pulled around $780 million from crypto exchange Binance in the last 24 hours, data firm Nansen said on Tuesday, a day after the world's biggest crypto exchange …
New York Times:
More: Binance Blog, The Block, U.S. Securities …, The Verge, CNBC, Reuters, Bloomberg, Unchained Crypto, US District Court for the District of Columbia, Wall Street Journal, Metaverse Post, CoinDesk, Wired, CoinDesk, Unchained Crypto, TechCrunch, CCN.com, Forbes, Decrypt, Gizmodo, Inside Bitcoins, Coinspeaker, Cryptonews, Bitcoinist.com, CoinGape, DL News, and The Hill
Stephen Warwick / iMore:
Apple accidentally made the iOS 17, iPadOS 17, watchOS 10, and macOS Sonoma developer betas available to all, including those without paid developer accounts  —  What is going on here?  —  Apple has massively screwed up distributing the iOS 17 developer beta, accidentally making it available …
Michael Grothaus / Fast Company:
An interview with Craig Federighi on the privacy and safety enhancements in iOS 17, iPadOS 17, watchOS 10, and macOS Sonoma, AI-based security tools, and more  —  It used to be just technology journalists and privacy advocates who got excited about the new privacy features that Apple …
Zac Hall / 9to5Mac:
Kanishka Singh / Reuters:
Microsoft agrees to pay $20M to settle FTC charges that the company violated COPPA by collecting personal data from children without their parents' consent  —  Microsoft (MSFT.O) will pay $20 million to settle U.S. Federal Trade Commission (FTC) charges that the tech company illegally collected …
Benj Edwards / Ars Technica:
Apple didn't mention AI at WWDC 2023, instead referring to machine learning and transformers while describing features and touting M2 Ultra for training models  —  Apple prefers using “machine learning,” or just having AI work in the background.  —  Amid notable new products …
Marc Andreessen / Andreessen Horowitz:
A look at why AI will “save the world”, including by augmenting human intelligence, a case against the moral panic about AI, and the risks of not pursuing AI  —  The era of Artificial Intelligence is here, and boy are people freaking out.  —  Fortunately, I am here to bring the good news …
Sarah McBride / Bloomberg:
Enterprise software startup Instabase raised a $45M Series C led by Tribe Capital at a $2B valuation, up from $1.05B for its $105M Series B in October 2019  —  Business services startup Instabase Inc. has raised a new round of funding that doubles its valuation to $2 billion …

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Earlier Picks

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William Turton / Bloomberg: