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June 17, 2023, 7:40 PM
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Mediagazer
memeorandum
WeSmirchTop News
| Boone Ashworth / Wired: |
Reddit's management risks putting the service in a death spiral as users revolt, dedicated moderators quit, and its vibrant content moves to other platforms — When the user revolt ends—if it ever does—Reddit's community won't ever be the same. — It's pretty easy to piss people off on Reddit.| Igor Bonifacic / Engadget: |
Similarweb: Reddit had ~52M visitors on Tuesday, June 13, down from 57M the day before blackouts began; average session was 7.2 minutes, lowest in three years — The protest appears to have had a small but noticeable effect on the platform. — When more than 8,000 subreddits went dark … | Andrew Throuvalas / Decrypt: |
Block announces an open beta program for Bitkey, its self-custodial Bitcoin wallet, with Coinbase and CashApp integrations — Bitkey will allow beta users to withdraw Bitcoin from Coinbase and Cashapp using “copy and paste.” — Jack Dorsey's payments company Block announced an open beta program …
More: Coinbase Blog, CoinDesk, The Daily Hodl, The Block, and ZyCrypto
Tweets: @coinbase, @jack, @ltgrossman, @ltgrossman, @alejandro_btc, and @ltgrossman
| Nikhilesh De / CoinDesk: |
A US federal judge signs off on a temporary agreement between Binance, Binance.US, and the SEC to ensure only Binance.US employees can access US customer funds — The proposed agreement addresses the SEC's motion for a temporary restraining order. — A federal judge signed off …
More: U.S. Securities …, CourtListener, New York Times, Cointelegraph, CryptoSlate, Bitcoin News, Bloomberg, CoinGape, DL News, The Block, Coinpedia Fintech News, and Reuters. Forums: r/CryptoCurrency
| Camomile Shumba / CoinDesk: |
Report: a group of central banks developed 33 API functionalities to test 30+ CBDC online, offline, and in-store use cases, via QR codes, phones, and more — An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown.
More: Quant, BIS, crypto.news, Cryptopolitan, CoinGape, Coinspeaker, blockchainreporter, Watcher Guru, and Finextra
| Tonya Riley / CyberScoop: |
Genetic testing company 1health.io settles by paying $75K to the FTC for exposing sensitive health data, in the first FTC enforcement over genetic information — The case is the latest in a series of FTC enforcement actions focused on health data privacy and the first involving genetic information.
More: Federal Trade Commission, The Record, LAW.com, Washington Post, GovInfoSecurity.com, and Forbes
Tweets: @cyberscoopnews, @montezumachavez, and @montezumachavez
| Niket Nishant / Reuters: |
Crypto payments startup Wyre is winding down and says that investors can withdraw assets through July 14, months after Bolt scrapped its $1.5B Wyre acquisition — Cryptocurrency infrastructure provider Wyre is winding down, feeling the pinch of dwindling interest in a market that was once hailed as the next frontier of finance.
More: Cointelegraph, Wyre Blog, Crowdfund Insider, Inside Bitcoins, The Information, and San Francisco Business Journal. Tweets: @sendwyre
| Wall Street Journal: |
Meta scrambles to refocus its resources on usable AI products after a decade-long focus on research in its AI division disincentivized work on generative AI — The CEO considers artificial intelligence critical to long-term growth and is taking more control over efforts.| Wes Davis / The Verge: |
Google makes third-party “smart chips” in Docs available to all Workspace and personal Google accounts, letting users pull and view data from third-party apps — You can now embed third-party app “smart chips” into your Google Doc after the company announced yesterday that the feature …
More: Google Workspace Updates
| Wall Street Journal: |
Sources: the US has found it difficult to distinguish between tech that China can use for its military and tech used commercially by firms, particularly with AI — Defining risky artificial intelligence poses challenge as Washington moves to curb investment in Chinese tech
Tweets: @jchengwsj, @davidmwessel, and @bobdavis187
| Sheila Dang / Reuters: |
Source: Twitter CEO Linda Yaccarino tells investors no major ad holding firms are recommending an ad pause now and highlights a focus on video and partnerships — Twitter plans to focus on video, creator and commerce partnerships to revitalize the social media company's business beyond digital advertising …
More: Reuters, Bloomberg, Cryptopolitan, The Week, Livemint, Fortune, Bloomberg, Digiday, MakeUseOf, Wall Street Journal, Adweek, and TechCrunch
| June Yoon / Financial Times: |
Chipmakers like TSMC and Samsung race to curb emissions as chip manufacturing makes up most of a device's carbon output, a tough job in fossil fuel-reliant Asia — Meanwhile sister companies with green energy knowhow look set to cash in — A greener future is not necessarily a lower-tech future.Sponsor Posts
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| Leah Nylen / Bloomberg: |
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More: Meta, Meta AI, Unite.AI, PCMag, Techlusive, Decrypt, WinBuzzer, The Verge, Meta Research, BigTechWire, Social Media Today, Digital Trends, Cryptopolitan, Cointelegraph, iPhone in Canada Blog, Gizmodo, CryptoSlate, SlashGear, Dexerto, SiliconANGLE, Android Authority, and Neowin
LinkedIn: Neil Mawston. Tweets: @ylecun, @srijankedia, @DotCSV, @omarsar0, @alphasignalai, @chheplo, @_akhaliq, @altryne, @daveleebbg, and @benjamindekr
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More: CoinDesk, Tether, Cointelegraph, Bitcoinist.com, CryptoSlate, Decrypt, Protos, Cryptonews, Cryptopolitan, Finbold, The Block, Coinpedia Fintech News, and Watcher Guru
Mastodon: @mostlyharmlessz …. Tweets: @jasonleopold, @patio11, @mikejcasey, @tether_to, @baidakova, @sarahnemerson, @yueqi_yang, @macrocephalopod, @yueqi_yang, @yueqi_yang, @silvermanjacob, @parrotcapital, @icodrops, @napgener, @_fabianhd, @edzitron, and @timccopeland. Forums: r/CryptoCurrency