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June 13, 2023, 7:10 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 …
Jay Peters / The Verge:
Over 300 subreddits, including r/aww, r/music, and r/videos, plan to extend their protests indefinitely; 8,400+ have now gone private or into 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.
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
Nicole Carpenter / Polygon:
Swedish gaming conglomerate Embracer Group says it will close multiple studios, cancel games, and cut staff, after a $2B deal unexpectedly fell through  —  Embracer Group has close to 17,000 employees over more than 100 studios, many of which were acquired over the past few years
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.
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 …
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”.
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.
James Cirrone / Blockworks:
Nostr-based social media app Damus says it must remove a bitcoin tipping button on posts but can keep it on profiles, after Apple threatened App Store delisting  —  Damus creator William Casarin told his followers on the app that Apple would allow zaps, just with a slight tweak
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 …
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).
Hassan Mujtaba / Wccftech:
AMD unveils its EPYC Bergamo CPUs, offering up to 128 Zen 4C cores for cloud-native servers and data center platforms  —  AMD's EPYC Bergamo CPUs break official ground today, offering up to 128 Zen 4C cores to cloud and data center servers.  The Bergamo chips are designed to offer higher density in an efficient chip package.
Ryan Smith / AnandTech:
AMD previews its Instinct MI300 accelerator family, including the MI300X, a high-performance GPU with 192GB of HBM3 memory aimed squarely at the LLM market
Gavin Bonshor / AnandTech:
AMD announces the Ryzen Pro 7000 for desktop and Ryzen Pro 7040HS and 7040U for mobile, adding an integrated Ryzen AI block on select models and Zen 4 cores
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 …
More: Reuters, Meta AI, GitHub, and Meta AI
Tweets: @teknium1, @metaai, and @christopherife.  Forums: Slashdot
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
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.
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
Reuters:
Jack Dorsey says India threatened to shut down Twitter unless the company complied with orders during the farmer protests, a claim India calls an “outright lie”
Richard Lawler / The Verge:
Amazon says it has resolved an AWS outage that impacted the US-EAST-1 region for nearly four hours and affected multiple services, including fast-food apps  —  An outage within the Amazon Web Services (AWS) cloud server setup is affecting a number of internet services, including our website.
Brian Fagioli / BetaNews:
Logitech CEO Bracken Darrell resigns “to pursue another opportunity” effective immediately, with board member Guy Gecht appointed as the company's interim CEO  —  Logitech made a major announcement today, revealing that Bracken Darrell, the company's president and CEO, will be leaving to pursue a new opportunity.
More: MarketWatch, Reuters, and Logitech.  Thanks:@brianfagioli

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This is a Techmeme archive page. It shows how the site appeared at 7:10 PM ET, June 13, 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.

From Mediagazer

Athena Stavrou / The Independent:
More than 230 media industry professionals, including anonymous BBC staff, sign a letter accusing the BBC of bias favoring Israel in coverage of Gaza

Dominick Mastrangelo / The Hill:
Conservative radio host Hugh Hewitt quits as a contributing columnist at WaPo, after abruptly leaving a Post live video event hosted by Jonathan Capehart

CNBC:
Sources: Greek media company Antenna Group is in early talks to acquire Time from Marc Benioff, who bought the magazine in 2018 for $180M

More News

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
Allison Johnson / The Verge:
Nothing plans to release the Nothing Phone 2 on July 11, offering a Snapdragon 8+ Gen 1 chip and bigger battery, widely available in the US, unlike the Phone 1
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

Earlier Picks

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
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
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”
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