Techmeme
June 16, 2023, 3:00 PM

Top News

Jay Peters / The Verge:
Anne VanderMey / Bloomberg:
Reddit says 80% of its top subreddits are currently open; Reddark estimates that 5K+ subreddits are limiting access, down from almost 9K on June 12  —  Reddit Inc. said that most of the company's communities were operating as normal — four days after a protest that shut down thousands …
The Verge:
Reddit messages some moderators of the communities participating in the API pricing change protest, looking for defectors “willing to work towards reopening”  —  Some moderators of Reddit communities participating in the protest against API changes today got messages from the company: work to reopen your subreddits or else.
Sean Hollister / The Verge:
Sean Lyngaas / CNN:
Oregon and Louisiana warn that the MOVEit hackers may have stolen the SSNs and driver's license numbers of 3.5M Oregonians and 3M+ Louisianians from state DMVs  —  Millions of people in Louisiana and Oregon have had their data compromised in the sprawling cyberattack that has also hit …
Bloomberg:
NY AG documents: Tether once counted securities from Chinese companies among its reserves; Tether said in July 2022 that it held no Chinese commercial paper  —  Tether Holdings Ltd. once counted securities issued by Chinese companies among the reserves backing its USDT stablecoin …
CoinDesk:
France probes Binance for illegally providing digital asset services and poor money laundering checks; Binance quits Netherlands after failing to get a license  —  Binance is suspected of illegally providing digital asset services to local customers, and implementing poor money laundering checks …
Manya Saini / Reuters:
BlackRock files an SEC application to register its iShares Bitcoin Trust as a spot bitcoin ETF, using Coinbase Custody as its custodian  —  BlackRock (BLK.N), the world's biggest asset manager, on Thursday filed for a bitcoin exchange-traded fund (ETF) that would allow investors to get exposure …
Andrew Tarantola / Engadget:
Meta unveils Voicebox, a generative text-to-speech model the company hopes could be the ChatGPT of the spoken word, but won't release an app citing misuse risks  —  But the company won't be sharing the app or its source code for the time being.  —  Today, we are one step closer …
Mia Sato / The Verge:
How the “arms race” of SEO experts has left Google Search and the web drowning in garbage text, resulting in customers and businesses failing to find each other  —  The SEO arms race has left Google and the web drowning in garbage text, with customers and businesses flailing to find each other.
Leo Schwartz / Fortune:
Digital assets platform Bakkt delists Solana, Polygon, and Cardano, taking proactive action until there is US regulatory clarity on offering coins “compliantly”  —  Just over two months after completing a $155 million acquisition for the trading infrastructure provider Apex Crypto …
Lora Kolodny / CNBC:
Twitter suspends the accounts of public records database PlainSite and its founder Aaron Greenspan, who has tracked litigation by or against Tesla and Twitter  —  - Elon Musk-led Twitter on Tuesday suspended the Twitter accounts of PlainSite and its founder Aaron Greenspan, a prominent critic of Tesla and Musk.
More: Insider, Reuters, and Politico
Bluesky: @romitmehta.comTweets: @jeremiahlee, @drewwash, and @arawnsley
Venkatesh Gorantla / MySmartPrice:
Alleged official renders of Samsung Galaxy Z Flip 5 show the clamshell-style foldable phone may get a 3.4-inch outer screen  —  The newly revealed Samsung Galaxy Z Flip 5 design render shows that the clamshell-style foldable phone is certainly getting a significant upgrade.  —  HIGHLIGHTS
Nikhilesh De / CoinDesk:
In a cease and desist, Texas' securities regulator says crypto lender Abra has been insolvent since at least March 31, 2023, and accuses the company of fraud  —  State regulators say Abra held tens of millions of dollars' worth of assets on now bankrupt platforms.
Bloomberg:
In a meeting with Bill Gates, Xi Jinping says China is willing to engage in tech cooperation with the US; Xi could meet Antony Blinken on June 18 or June 19  —  President Xi Jinping said China is willing to work with the world on technology innovation and global challenges including pandemic prevention during …
Katie Roof / Bloomberg:
Alphabet plans to wind down Google Domains and sell its assets, including ~10M domains, to Squarespace in Q3 2023, a source says for ~$180M; SQSP jumps 9%+  —  Alphabet Inc. is winding down its Google Domains business and selling its assets to Squarespace Inc., according to a statement Thursday.

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More News

Benedict Evans:
Dana Priest / Washington Post:
Financial Times:
Katharine Gemmell / Bloomberg:

Earlier Picks

Reuters:
Stephen Shankland / CNET:
Teo Armus / Washington Post:
Sylvia Varnham O'Regan / The Information:
Bloomberg:
Jay Peters / The Verge: