Tech
- Instagram adds a new tab in the Reels feed that will show videos that a user's friends have liked or added commentary to (Mia Sato/The Verge)
Mia Sato / The Verge: Instagram adds a new tab in the Reels feed that will show videos that a user's friends have liked or added commentary to — Instagram is bringing back one of its more chaotic features, now reworked for the short-form video era. — A new tab in the Reels feed will serve up videos …
- A group of 18 former European heads of state call on the EC to break up Google's advertising tech business, claiming it erodes Europe's media landscape (Edith Hancock/Wall Street Journal)
Edith Hancock / Wall Street Journal: A group of 18 former European heads of state call on the EC to break up Google's advertising tech business, claiming it erodes Europe's media landscape — 18 former European heads of state are claiming Google's highly lucrative advertising-technology business erodes Europe's media landscape
- Source: Meta plans to break up its civil rights team, which helped develop tech to address racial and other disparities in how Meta distributed ads on its apps (Kalley Huang/The Information)
Kalley Huang / The Information: Source: Meta plans to break up its civil rights team, which helped develop tech to address racial and other disparities in how Meta distributed ads on its apps — Meta Platforms will break up a team that trained employees on civil rights, sought to prevent the company's algorithms …
- Perplexity acquires Read.cv, a social media platform for professionals; Read.cv will shut down and let users export their profiles, posts, and more until May 16 (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch: Perplexity acquires Read.cv, a social media platform for professionals; Read.cv will shut down and let users export their profiles, posts, and more until May 16 — Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity.
- Digital Currency Group agrees to settle and pay $38.5M in civil penalties to the US SEC over charges that it misled investors via crypto lender Genesis Global (Sarah Wynn/The Block)
Sarah Wynn / The Block: Digital Currency Group agrees to settle and pay $38.5M in civil penalties to the US SEC over charges that it misled investors via crypto lender Genesis Global — - The SEC said that one of Genesis' largest borrowers was asset hedge fund Three Arrows Capital and said on June 13 that the fund “failed to meet a margin call.”
- Bluesky 2024 moderation report: Bluesky gained 23M+ users, its moderation team grew to ~100, and its moderation service received 6.48M reports, up 17x from 2023 (Sarah Perez/TechCrunch)
Sarah Perez / TechCrunch: Bluesky 2024 moderation report: Bluesky gained 23M+ users, its moderation team grew to ~100, and its moderation service received 6.48M reports, up 17x from 2023 — Bluesky on Friday published its moderation report for the past year, noting the sizable growth the social network experienced …
- The FTC says Genshin Impact maker Cognosphere will pay $20M to settle claims that it deceived players about the cost of winning prizes and mishandled kids' data (Bloomberg)
Bloomberg: The FTC says Genshin Impact maker Cognosphere will pay $20M to settle claims that it deceived players about the cost of winning prizes and mishandled kids' data — - FTC said maker of Genshin Impact mishandled children's data — Company also accused of deceiving players on cost of prizes
- During her confirmation hearing for secretary of Homeland Security, Kristi Noem says addressing foreign disinformation campaigns were outside the CISA's remit (Jonathan Greig/The Record)
Jonathan Greig / The Record: During her confirmation hearing for secretary of Homeland Security, Kristi Noem says addressing foreign disinformation campaigns were outside the CISA's remit — South Dakota Governor Kristi Noem had harsh criticism for the nation's leading cybersecurity agency on Friday during …
- The US FTC releases a report saying Microsoft's $13B investment in OpenAI raises concerns that the company could extend its cloud computing dominance into AI (Bloomberg)
Bloomberg: The US FTC releases a report saying Microsoft's $13B investment in OpenAI raises concerns that the company could extend its cloud computing dominance into AI — - Federal Trade Commission probed big tech, AI relationships — Agency opened inquiry into tech investments last year
- Q&A with Marc Andreessen on his political evolution from a "normie Democrat" to a Donald Trump supporter, and what he and others expect from the administration (Ross Douthat/New York Times)
Ross Douthat / New York Times: Q&A with Marc Andreessen on his political evolution from a “normie Democrat” to a Donald Trump supporter, and what he and others expect from the administration — Marc Andreessen explains the newest faction of conservatism. … Ross Douthat: I'm someone who follows politics primarily and Silicon Valley secondarily.