Techmeme
June 13, 2023, 4:15 PM

Top News

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:
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.
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.
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.
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 …
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).
Alexa Corse / Wall Street Journal:
Reuters:
Wall Street Journal:
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.
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 …
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 @christopherifeForums: Slashdot
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’
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.
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.
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 …
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.
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 …

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Cecilia D'Anastasio / Bloomberg: