Techmeme
June 23, 2023, 2:00 PM

Top News

Filipe Espósito / 9to5Mac:
Wall Street Journal:
Bloomberg:
A mistakenly released FDIC doc lists SVB customers before its collapse: Sequoia with $1B, Beijing-based Kanzhun with $902.9M, Altos Labs with $680.3M, and more  —  When federal regulators stepped in to backstop all of Silicon Valley Bank's deposits, they saved thousands of small tech startups …
Anand J / Moneycontrol:
Sources: Apple is in talks to launch Apple Card in India, and has met with HDFC and the RBI; a source says Apple is holding Apple Pay discussions with the NPCI  —  This comes in the wake of Apple's decision to stop card payments in India on its App Store and for its iCloud services.
Anna Irrera / Bloomberg:
JPMorgan expands its JPM Coin, launched in 2019 for USD transactions, to euro payments; the bank has used the token to process ~$300B in transactions to date  —  JPMorgan Chase & Co. expanded one of the most high-profile projects to bring blockchain technology to traditional banking …
Tom Warren / The Verge:
In a private email, PlayStation chief Jim Ryan said the Microsoft-Activision deal wasn't about Xbox exclusives, counter to Sony's public arguments and filings  —  We're only minutes into the FTC v. Microsoft hearing, and we've already had a bombshell revelation.
Rebekah Valentine / IGN:
Drew Harwell / Washington Post:
Internal records undercut claims that Twitter censored pro-Trump views before the Capitol riot and show a reluctance to suspend Trump's account until January 8  —  In the internal video call from Jan. 5, 2021, workers were told not to take tougher action against a growing wave of tweets they feared were veiled incitements to violence.
Anja Karadeglija / National Post:
Meta plans to remove news content from Facebook and Instagram for users in Canada after the Online News Act passed Canada's Senate and received royal assent  —  With Bill C-18 on the verge of becoming law, Canadians could soon see news removed from their Facebook pages and Google searches
Jagmeet Singh / TechCrunch:
Andreessen Horowitz created a16z Perennial Venture Capital Fund and a16z Perennial Management investment advisor, presumably expanding into wealth management  —  Andreessen Horowitz, the storied venture firm known for being an early investor in some of the biggest tech companies including Airbnb …
More: Axios
Chris Vallance / BBC:
Google plans to update Android's Emergency SOS after UK police blame the feature, activated by repeatedly pressing a side button, for a surge in false 999 calls  —  Police forces across the UK have warned that a new feature on some Android phones is plaguing switchboards with inadvertent “silent” 999 calls.
Jordan Novet / CNBC:
AWS plans to invest $100M in a new program to help companies, like Highspot and Twilio, build generative AI tools by connecting them with AWS AI and ML experts  —  - Amazon's cloud unit said Thursday that it's allocating $100 million for a center to help companies use generative artificial intelligence.

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More News

Sandali Handagama / CoinDesk:
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Earlier Picks

Jane Lanhee Lee / Reuters:
Anton Shilov / AnandTech:
CoinDesk:
Kevin Purdy / Ars Technica: