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June 13, 2023, 4:10 PM
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| The Verge: |
Staff memo: Reddit's CEO says “like all blowups on Reddit, this one will pass”, new moderation tools are vital, wearing Reddit gear in public is risky, and more — In an internal memo sent Monday afternoon to Reddit staff, CEO Steve Huffman addressed the recent blowback directed at the company …
More: Insider, The Information, AppleInsider, Android Authority, 9to5Mac, Engadget, MacRumors, Neowin, Techdirt, gHacks Technology News, Techlusive, Wall Street Journal, and Livemint
Bluesky: @ricmac.bsky.social and @mick.bsky.social
Mastodon: @ChanceHMiller@mastodon.social, @Aaron@social.aaroncrocco.com, and @dcseifert@mastodon.social
Tweets: @karrisaarinen, @rjonesy, @christianselig, and @tomwarren
| Jay Peters / The Verge: |
Some very popular subreddits, including r/aww, r/videos, and r/music, plan to extend their protests indefinitely; 8.4K+ are now private or in a restricted mode — / ‘More is needed for Reddit to act.’ — Moderators of many Reddit communities are pledging to keep their subreddits private or restricted indefinitely.
More: PetaPixel, TechSpot, Android Headlines, Engadget, BBC, Bloomberg, MacRumors, Kotaku, New York Post, The Independent, and Windows Central. Tweets: @alexeheath
| Casey Newton / Platformer: |
Reddit's API pricing changes stem from LLMs driving up the value of the site's data, an upcoming IPO, and third-party apps generating no revenue for the company — As it moves to shut down third-party apps, the site's self-governing ethos comes back to haunt it — I.
More: Stratechery, International Business Times, TechCircle, TweakTown, NBC News, The Verge, CNN, The Guardian, CNBC, and The Verge
Bluesky: @nohomers.bsky.social. Mastodon: @MikeRiverso@mastodon.social. Tweets: @caseynewton, @tiagodf, @sarthakgh, @alextcone, @yoda, and @rayredacted
| The Verge: |
Q&A with Apollo developer Christian Selig on Reddit's API pricing changes, the company refusing to negotiate, why he can't simply charge users more, and more — 'Reddit has plugged its ears and refuses to listen to anybody but themselves. And I think there's some very minor concessions … | Steven Levy / Wired: |
Q&A with Satya Nadella on his generative AI “eureka moment”, OpenAI, helping anyone with a phone become a developer, pausing AI work, Bing's relevancy, and more — The CEO can't imagine life without artificial intelligence—even if it's the last thing invented by humankind.| Mark Savage / BBC: |
Paul McCartney says a sound editor used AI to “extricate” John Lennon's voice from an old demo to create “the final Beatles record”, slated for release in 2023 — Sir Paul McCartney says he has employed artificial intelligence to help create what he calls “the final Beatles record”.
More: BBC, The Guardian, Ars Technica, Forbes, Metaverse Post, NPR, Quartz, Decrypt, ZDNet, Dexerto, Wall Street Journal, Global News, BGR, New York Post, New York Times, Deadline, SlashGear, Hollywood Reporter, Engadget, Gizmodo, LOVE WINS. ALWAYS, CNBC, Mashable, WRAL TechWire, iPhone in Canada Blog, Tech Xplore, Billboard, NBC News, Rolling Stone, Music Ally, Associated Press, Insider, Variety, ET Canada, Consequence, and IGN
Tweets: @brianrumao, @bbcr4today, @mikeelgan, @kottke, and @paulmccartney
Forums: r/entertainment and Ars OpenForum
| Ryan Browne / CNBC: |
London-based AI video generation startup Synthesia raised a $90M Series C at a $1B valuation led by Accel; Nvidia, Kleiner Perkins, GV, and others also invested — - Artificial intelligence-based video generation platform Synthesia has raised $90 million from investors, the company told CNBC exclusively.
More: Business Wire, Crunchbase News, Coinspeaker, FinSMEs, UKTN, Tech.eu, and Reuters. Tweets: @mhbergen
| Vishal Chawla / The Block: |
The SDNY releases documents showing a former SEC director suggested ether and bitcoin were not securities in 2018, which crypto advocates say undermines the SEC — - Certain documents related to former SEC director William Hinman have been released in the SEC's lawsuit against Ripple Labs.
More: DC Journal, Decrypt, Blockworks, CoinDesk, Cryptopolitan, CoinGape, Inside Bitcoins, crypto.news, Cryptonews, Cointelegraph, Crypto Briefing, The Crypto Basic, ZyCrypto, CryptoPotato, CryptoGlobe, CCN.com, CryptoSlate, CoinJournal, Bitcoinist.com, and Watcher Guru
Tweets: @bgarlinghouse, @s_alderoty, @fintechfrank, @iampaulgrewal, @iampaulgrewal, @eleanorterrett, @s_alderoty, @johnedeaton1, @lex_node, @eleanorterrett, @belisarius2020, @rachaelrad, @lex_node, @rewkang, @johnedeaton1, @belisarius2020, @prhillmann, @adamscochran, @hsakatrades, @iamdcinvestor, and @collins_belton
| Ingrid Lunden / TechCrunch: |
Paris-based Mistral AI raised a €105M seed led by Lightspeed, sources say at a €240M valuation, to rival OpenAI and plans to release its first AI models in 2024 — AI is well and truly off to the races: a startup that is only four weeks old has picked up a $113 million round …
More: Financial Times, Bloomberg, and Reuters
| Biz Carson / Bloomberg: |
In a first, Larry Ellison passes Bill Gates to become the world's fourth-richest person, with a $129.8B net worth; ORCL is up 40%+ in 2023 on the AI boom — The optimism around artificial intelligence boosted both Oracle Corp.'s stock — and founder Larry Ellison's net worth — to record highs on Monday.| Ivan Mehta / TechCrunch: |
YouTube lowers its Partner Program monetization requirements, including creators needing 500 subscribers, not 1,000, and just 3K watch hours or 3M Shorts views — YouTube is lowering the requirements for creators to get access to monetization tools under the YouTube Partner Program (YPP).
More: YouTube Official Blog, The Verge, Google Help Center, PCMag, Neowin, Tubefilter, Search Engine Journal, TechRadar, 9to5Google, TweakTown, SlashGear, Fortune, ICYMI, and Android Headlines
Tweets: @youtubeliaison, @reneritchie, @mws, @nealmohan, @mws, and @timfullerton
| Alexa Corse / Wall Street Journal: |
Internal memo: Twitter CEO Linda Yaccarino tells employees that the platform is “on a mission to become the world's most accurate real-time information source” — Linda Yaccarino, who joined company last week, describes her mission to employees
More: The Verge, BBC, iMore, Mashable, Gizmodo, Fortune, gHacks Technology News, Android Headlines, Coinspeaker, Tech.co, Gizchina, Insider, Livemint, MarketWatch, The Information, Neowin, BGR, CoinGape, Insider, CNBC, Variety, Insider, and Deadline
LinkedIn: Rob Chesnut. Bluesky: @djcentos7.bsky.social. Tweets: @lindayacc, @lindayacc, @lindayacc, @lindayacc, @lindayacc, @scottbudman, @mehdirhasan, @juansaaa, @zaleskiluke, @lindayacc, @patricklenton, @jamespmanley, @kremlintrolls, @joserosado, @keithedwards, @tylerhower, and @sarahfrier
| Reuters: |
More: Breaking Points on YouTube, Gizmodo, TIME, Insider, International Business Times, Reuters, Nikkei Asia, Inside Bitcoins, CoinGape, BBC, Livemint, Bloomberg, BloombergQuint, Hindustan Times, The Indian Express, Newslaundry, Times of India, The Wire, The Hindu, The News Minute, Livemint, and Techlusive
Tweets: @rajeev_goi, @esaagar, @journoviv, @titterdaily, @bendobrown, @krystalball, @alx, and @kantrowitz
| Wall Street Journal: |
Sources: Microsoft and OpenAI's unusual deal created conflict and confusion, including over transparency, sales pitches, and Microsoft's spending on in-house AI — As the companies lead the AI boom, their unconventional arrangement sometimes causes conflict
More: The Information, The Verge, OnMSFT.com, Neowin, The Decoder, and Digital Trends
| Sam Kessler / CoinDesk: |
Uniswap Labs details Uniswap v4, the next version of the decentralized exchange, and asks for feedback; Uniswap v3 launched in 2021 and has processed over $1T — The biggest decentralized crypto exchange is opening its development process to the public for the first time as the SEC cracks down on its centralized competitors.
More: Uniswap Protocol, The Block, GitHub, Bitcoin News, Cointelegraph, Decrypt, NewsBTC, CoinJournal, Watcher Guru, crypto.news, and nft now
Tweets: @uniswap, @haydenzadams, @matthuang, @uniswap, @mayazi, @uniswap, and @timccopeland
| Ivan Mehta / TechCrunch: |
Google rolls out its June 2023 Pixel update, adding new safety features, a hands-free photo capture gesture, Pixel Watch oxygen saturation monitoring, and more — Google announced the June Pixel Drop today with features like the ability to schedule a safety check with Google Assistant …
More: The Keyword, Thurrott, Android Police, Android Authority, Engadget, ZDNet, Tom's Guide, Wccftech, SlashGear, Android Central, and Wareable
Tweets: @mishaalrahman and @mishaalrahman
| Wall Street Journal: |
Sources: Netflix is in talks to livestream its first sporting event, a golf tournament with Full Swing professional golfers and Formula One drivers, this fall — Tournament to include celebrities from Formula One series ‘Drive to Survive’ and golf program ‘Full Swing’
More: CNET, TechCrunch, iPhone in Canada Blog, Thurrott, TechRadar, Neowin, Broadband TV News, Engadget, The Streamable, MarketWatch, and The Verge
Bluesky: @mick.bsky.social and @edbott.com
Tweets: @mahemoff, @norock, @jtoonkel, and @katebennett_dc
| Mike Wheatley / SiliconANGLE: |
Meta details I-JEPA, a computer vision model that uses common sense world knowledge to create more accurate images, avoiding errors like hands with extra digits — Artificial intelligence researchers from Meta Platforms Inc. say they're making progress on the vision of its Chief AI Scientist Yann LeCun … | Max Read / New York Times: |
How Jimmy Donaldson, aka MrBeast, became a viral sensation for his absurd acts of altruism and pitching subscribing as an act of charity, sometimes literally — Jimmy Donaldson, a.k.a. MrBeast, has become a viral sensation for his absurd acts of altruism. Why do so many people think he's evil?
More: Game Rant. Tweets: @deftlyinane, @readmaxread, @kvanvalkenburg, @georebekah, and @alexnpress. Forums: Hacker News
| Financial Times: |
A look at the global network of subsea internet cables, dominated by companies from France, the US, and Japan, as China circumvents US curbs on laying cables — Nearly 1.4mn kilometres of metal-encased fibre criss-crosses the world's oceans, speeding internet traffic seamlessly around the globe.
More: MIT Technology Review. Tweets: @pstasiatech, @elinanoor, @lukolejnik, @sroach_econ, @byron_wan, @ian_bott_artist, @jimpethokoukis, @niubi, @alex_callinicos, @digitalcampbell, and @thedragonfeeder. Forums: Slashdot
| Washington Post: |
Google proposes a “hub-and-spoke model” for regulating AI, where existing US government agencies share the responsibility, contrasting OpenAI's new agency idea — Happy Tuesday! When it comes to newsletter puns, game recognizes game. Send news tips and dad jokes to: cristiano.lima@washpost.com.| Avram Piltch / Tom's Hardware: |
Google's Search Generative Experience seems like an “AI plagiarism engine” that cobbles together snippets of text from a variety of sites, often word-for-word — The Search Generative Experience seems more like a text-copying experience. — Search has always been the Internet's most important utility.| Dell Cameron / Wired: |
A declassified ODNI report from 2022: the US has amassed troves of “sensitive and intimate information” about Americans purchased from commercial data brokers — A newly declassified report from the Office of the Director of National Intelligence reveals the federal government is buying troves of data about Americans.
More: TechCrunch, Wall Street Journal, Fortune, CNN, Forbes, Daily Mail, PhoneArena, Android Authority, Wccftech, Android Headlines, Metacurity, and Office of the Director of National Intelligence
Tweets: @ronwyden, @froomkin, @mikeelgan, @joshwalkos, @byrontau, @joshchin, @parismarx, @wsj, and @wired
Forums: Hacker News, r/Conservative, and r/LibertarianUncensored
| Tiyashi Datta / Reuters: |
Accenture plans to invest $3B over three years into its data and AI practice, aiming to have 80,000 staff working on AI, after laying off ~19,000 in March 2023 — Accenture said on Tuesday it will invest $3 billion over three years into its data and AI practice, doubling the number of employees … | Sheridan Prasso / Bloomberg: |
Researchers find 10+ items on Temu in the US that were made or sold by companies in Xinjiang, China, flouting a US ban on the region known for forced labor — Products made in China's western province of Xinjiang are being sold to US consumers through the online shopping platform Temu … | Molly White: |
Unpacking Coinbase's flawed arguments against the SEC, including “securities laws written in the 1930s can't apply to crypto” and “but the SEC let us go public” — Coinbase is trotting out its usual flawed arguments now that it's facing a lawsuit from the SEC, and more pushback is needed.
More: Congressman Tom Emmer, Decrypt, CCN.com, Protos, Coinspeaker, Bloomberg, and Inside Bitcoins
Mastodon: @davidgerard@circumstances.run. Tweets: @brian_armstrong, @warrendavidson, @molly0xfff, @crypto, @hkanji, and @yugacohler. Forums: Hacker News
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