Techmeme
June 29, 2023, 11:05 PM

Top News

Kent Walker / Google:
Google tells Canada's government it will remove Canadian news links from Search, News, and Discover and close Google News Showcase when Bill C-18 takes effect  —  President of Global Affairs, Google & Alphabet … The Government of Canada has enacted a new law called Bill C-18 …
Alex Konrad / Forbes:
Inflection AI, a startup led by DeepMind co-founder Mustafa Suleyman that released its Pi chatbot in May 2023, raised $1.3B, a source says at a $4B valuation  —  Backed by Microsoft, Nvidia and billionaires Reid Hoffman, Bill Gates and Eric Schmidt, the startup led by ex-DeepMind leader Mustafa Suleyman …
Kotaku:
Niantic lays off 230 employees, closes its Los Angeles studio, and moves away from in-house game development, saying its expenses grew faster than its revenue  —  Pokémon Go will remain one of Niantic's top priorities moving forward  —  Niantic is shuttering its Los Angeles studio …
Sergiu Gatlan / BleepingComputer:
YouTube is running a test globally that limits ad blocker users to three videos, giving them the option to turn off their tool or subscribe to YouTube Premium  —  YouTube is currently running what it describes as a “small experiment globally,” warning users to toggle off their ad blockers …
Alex Heath / The Verge:
Meta plans to let people in the EU directly download apps through Facebook ads; a pilot is set to start with select Android app developers as soon as in 2023  —  Meta is planning to let people in the EU directly download apps through Facebook ads, setting the company up to eventually compete with Google and Apple's app stores.
Bloomberg:
Filing: Fidelity refiles for a spot bitcoin ETF with the US SEC, after similar applications from BlackRock, Invesco, WisdomTree, Valkyrie, Bitwise, and others  —  Fidelity Investments is the latest financial services heavyweight to throw its name into the race to offer the first US exchange-traded fund investing in Bitcoin.
Ben Thompson / Stratechery:
Q&A with Marc Andreessen on “Public Intellectual Marc”, software and the physical world, his AI essay, COVID-19, Twitter, China, a16z, crypto bets, and more  —  Today's Stratechery Interview — and the last Interview of the summer — is with Marc Andreessen.
Julia Love / Bloomberg:
Police in San Francisco and other cities are obtaining warrants for Waymo and Cruise driverless car camera footage to help solve murders and other crimes  —  In December 2021, San Francisco police were working to solve the murder of an Uber driver.  As detectives reviewed local surveillance footage …
Frederic Lardinois / TechCrunch:
Microsoft adds AI-powered shopping tools, including GPT-generated buying guides in the US, to its Bing search engine and the Bing AI chatbot in Edge's sidebar  —  Microsoft today announced a slew of new AI-powered shopping tools for its new Bing search engine and the Bing AI chatbot in the Edge sidebar.
Aaron Holmes / The Information:
Court docs: Satya Nadella said Azure's cloud server business made $34B in revenue in the year ended June 2022; AWS generated $72B in revenue in the same period  —  For years Microsoft has kept a lid on details about the true size of its Azure cloud server rental business …
Bloomberg:
Documents and sources: in the coming weeks, the FTC plans to file a far-reaching antitrust lawsuit against Amazon's marketplace, after months of honing its case  —  Lina Khan's Federal Trade Commission has already filed three cases against Amazon.com Inc. Now she's gearing up for the Big One.
Reuters:
US authorities charge three men for allegedly making $22M+ via insider trading over a planned SPAC merger between Trump Media, which runs Truth Social, and DWAC  —  U.S. prosecutors on Thursday charged three Florida men with making more than $22 million through insider trading in late 2021 ahead …
Hannah Murphy / Financial Times:
Sources: Linda Yaccarino plans to add full-screen, sound-on video ads to Twitter's short-video feed and is wooing celebrities in the hopes of selling more ads  —  New CEO hits the ground running with plans for new ads offering and tells staff to get ready for ‘hand-to-hand combat’
Jess Weatherbed / The Verge:
Meta publishes a deep dive into how AI recommends Facebook and Instagram content, including 22 “system cards” covering AI use in Feed, Stories, Reels, and more  —  Meta has published a deep dive into the company's social media algorithms in a bid to demystify how content is recommended for Instagram and Facebook users.
Richard Priday / Tom's Guide:
Asus Zenfone 10 review: compact for a 5.9" display, powerful performance, and excellent battery life, but limited cameras and only two years of software updates  —  Everything you need in a premium Android phone, in a surprisingly small frame  —  Tom's Guide Verdict … Why you can trust Tom's Guide?
Patrick McGee / Financial Times:
Advertisers demand significant refunds from YouTube after an Adalytics report found millions of ads served via YouTube's TrueView system are hidden from users  —  Study shows millions of ads are hidden away in violation of Google-owned group's policies  —  Advertising industry figures …
Matt Burgess / Wired:
Activists and researchers file a GDPR complaint against Pornhub in Italy, claiming the company is “illegally” handling users' data; the process could take years  —  Complaints filed in the European Union claim the porn site fails to follow basic data-collection policies under GDPR.
Andrew DeMillo / Associated Press:
Industry group NetChoice, which includes Meta and Twitter, sues Arkansas over a new law requiring parental permission for minors to create social media accounts  —  A tech industry trade group sued Arkansas on Thursday challenging a new state law that requires parental permission for minors to create social media accounts.
Washington Post:
Meta's Oversight Board calls for Meta to suspend Cambodian PM Hun Sen on Facebook and Instagram, the first time the Board has asked Meta to ban a head of state  —  MANILA — The social media giant Meta's Oversight Board called Thursday for the immediate suspension of Cambodian Prime Minister …

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