SCOTUS blocks Texas' social media content moderation law in a 5-4 vote, putting the measure on hold while a constitutional challenge proceeds in a lower court (Greg Stohr/Bloomberg Law)

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Sources claim fired senior Google AI researcher Satrajit Chatterjee spread misinfo on two AI researchers after they declined his request to manage their project (Tom Simonite/Wired)

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A profile of Paramount three years into its streaming shift, an underdog choosing to continue alone as Netflix and Disney dominate and other streamers cut deals (Benjamin Mullin/New York Times)

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Rape victims should not be treated as suspects, says data watchdog The information commissioner says victims are treated as suspects, and wants excessive requests to end. May 31, 2022 at 04:31AM

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What is Google's new skin tone scale? Google has introduced a new skin tone scale - what is it and why does it matter? May 31, 2022 at 10:57AM

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How musicians like Weezer frontman Rivers Cuomo use Discord: artists share ideas, host parties, and engage with fans, who help with moderation and other tasks (Cat Zhang/Pitchfork)

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London-based Florence, a marketplace that connects vacant care home shifts to local nurses and carers looking for extra work in the UK, raises a $35M Series B (Dan Taylor/Tech.eu)

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How Do Your Own Research (DYOR) has spread throughout crypto and online conspiracy communities, signaling a rejection of authority and an appeal to join in (John Herrman/New York Times)

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Indonesia-based Astro, which offers 15-minute grocery delivery, raises a $60M Series B led by Accel, Citius, and Tiger Global, bringing its total raised to $90M (Rita Liao/TechCrunch)

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Experts say that governments should create bespoke IP law and an international treaty to protect AI-generated inventions, rather than rework old patent laws (Nature)

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Latest AICO Act revisions are carveouts for telcos and financial companies and do not fix real problems with the bill, like a disguised content moderation ban (Mike Masnick/Techdirt)

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Cinemas now accepting Yoti digital ID Young cinemagoers can now prove their age using the Yoti app instead of taking ID documents with them. May 30, 2022 at 05:21AM

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As Terra blockchain reboots, freshly minted new LUNA tokens started trading on a number of exchanges and swiftly plummeted about 70% from the opening price (Sujith Somraaj/Decrypt)

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Nansen: TerraUSD collapse wasn't a work of a single attacker but likely a result of investment decisions from a small number of large UST holders (Olga Kharif/Bloomberg)

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Sources: Apple plans an always-on lock screen for iPhone 14 Pro, major windowing and multitasking changes for iPadOS, and iOS-like System Preferences for macOS (Mark Gurman/Bloomberg)

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Chinese government data shows domestic smartphone shipments fell 30% YoY to ~86M units in the first four months of 2022 amid the resurgence of COVID-19 in China (Yang Jie/Wall Street Journal)

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Sources: the Broadcom-VMware deal happened within two weeks; Broadcom CEO had switched his focus to software amid regulatory headwinds for semiconductor deals (Financial Times)

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Interview with Ted Sarandos about Netflix's recent share price plunge, backing Dave Chappelle's latest comedy special, Hollywood schadenfreude, and more (Maureen Dowd/New York Times)

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Some teens say French social networking app Yubo, which had 18M downloads in the US, ignored reports that the Uvalde shooter threatened violence on the app (Washington Post)

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Profile of inDriver, a ride-hailing app developed in Siberia in 2012, which lets riders and drivers haggle over prices and is now available in 42 countries (Leonid Ragozin/Rest of World)

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YipitData: average Uber and Lyft fares in the US hit a record high in April, as they drew ~20% fewer riders and 35% fewer trips in Q1 2022 compared to Q1 2019 (Preetika Rana/Wall Street Journal)

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Layoffs.ai data: 60+ tech companies had job cuts in May, with 16,000+ employees laid off; notable layoffs in the last month include Getir, Bolt, and Klarna (Michelle Ma/Protocol)

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Report: Samsung is preparing to cut smartphone production for 2022 and manufacture 280M devices, down from 310M as initially planned (Ben Schoon/9to5Google)

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CWA withdraws its request for a union election next week for staff at an Atlanta Apple store, citing Apple's "sophisticated campaign to intimidate" and COVID-19 (Josh Eidelson/Bloomberg)

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Microsoft researchers find severe bugs in mce Systems' framework used by Android apps from large mobile service providers, including AT&T and Bell Canada (Sergiu Gatlan/BleepingComputer)

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Indonesia-based Bibit, which runs robo-advisor services for mutual funds and invests users' money based on their risk profiles, raises $80M led by GIC (Budi Sutrisno/Tech in Asia)

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Tether enters Latin America by launching the MXNT stablecoin, pegged to the Mexican peso, initially available on the Ethereum, Tron, and Polygon blockchains (Yogita Khatri/The Block)

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Source: Brazilian e-commerce startup Vtex, which has an $820M market cap, cut ~200 jobs, or 13% of its workforce; Mexican crypto exchange Bitso cut 80+ staff (Bloomberg Línea)

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Dell beats with Q1 revenue of $26.1B vs. $25B est., up 16% YoY, with revenue from commercial PCs rising 22% YoY to $12B, and net income of $1.07B, up 62% YoY (Brody Ford/Bloomberg)

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An investigation finds Apple, Meta, Amazon, Google, and Microsoft have launched coordinated campaigns in 31 states against data privacy legislation since 2021 (The Markup)

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Sources: Substack dropped efforts to raise money, after talks to raise $75M to $100M at a $750M to $1B valuation, and told investors it had ~$9M revenue in 2021 (Benjamin Mullin/New York Times)

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Los Angeles-based BuildOps, which makes management software for commercial contractors, raises a $43M Series A led by Next47 (FinSMEs)

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Analysis of 164 remote learning apps and sites used in 49 countries during the pandemic finds ~90% shared student data with ad tech companies and data brokers (Drew Harwell/Washington Post)

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Filing: Elon Musk plans to provide an additional $6.25B in equity financing for his Twitter buyout, boosting his commitment to $33.5B; Twitter's stock jumps 7%+ (CNBC)

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Nvidia reports Q1 revenue up 46% YoY to $8.29B, including Data Center up 83% to $3.75B and Gaming up 31% to $3.62B, forecasts Q2 below estimates; stock down 5%+ (Kif Leswing/CNBC)

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Twitter shareholders have voted to remove Egon Durban, co-CEO of Silver Lake, from its board; Durban is a long-time business associate and backer of Elon Musk (CNBC)

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Leaked video shows Apple SVP of Retail + People Deirdre O'Brien telling employees that joining a union could hinder Apple's ability to improve workers' jobs (Lauren Kaori Gurley/VICE)

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Jack Dorsey is leaving Twitter's board of directors, effective today (Dan Primack/Axios)

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Ripple CEO says the company will explore an IPO once its lawsuit with the SEC ends, and Q1 volume for its cross-border payments product was $8B, up 800% YoY (Arjun Kharpal/CNBC)

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Internal memo: Lyft plans to slow US hiring, cut some department budgets, and grant new stock options to some employees to make up for its eroding share price (Wall Street Journal)

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In a letter, 42 Democratic lawmakers urge Google to stop collecting and keeping unnecessary user data that could be used to identify people seeking abortions (Lauren Feiner/CNBC)

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Clearview AI is expanding sales of its facial recognition tools, now with data allegedly collected with the subjects' permission, to private companies and orgs (Paresh Dave/Reuters)

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Microsoft says 10M+ players have streamed games with Xbox Cloud Gaming; last Sept., Nvidia said GeForce Now had 12M users; Google has been silent about Stadia (Ben Schoon/9to5Google)

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Semperis, a cybersecurity startup offering tools to protect Microsoft Active Directory users, raises over $200M led by KKR (Krystal Hu/Reuters)

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Niantic unveils Visual Positioning System, a platform for developers building location-aware AR apps, and debuts Campfire, a location-based social network (Alex Heath/The Verge)

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As Snap's growth warning sends its stock down over 41%, other social media stocks drop too: Meta by 9%+, Pinterest by 22%+, Alphabet by 6%+, and Twitter by 4%+ (Lauren Feiner/CNBC)

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UK's data protection watchdog fines Clearview AI ~£7.5M for violating privacy laws and orders the company to delete all info on UK citizens from its systems (Natasha Lomas/TechCrunch)

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Sources: Airbnb to remove all mainland China listings for stays and experiences by this summer but will keep an office in Beijing focusing on outbound travel (Deirdre Bosa/CNBC)

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The Buffalo shooting live stream shows the strengths and limitations of the Christchurch Call accord, created in 2019 to counter online terrorist content (Stephen Wright/Wall Street Journal)

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Sources: MainStreet, which helps SMBs find tax credits, is raising at a $200M valuation, down from $500M in March 2021, weeks after laying off ~30% of its staff (TechCrunch)

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