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The US DOJ agrees to try Sam Bankman-Fried on eight charges for now, including wire fraud, securities fraud, and money laundering, down from the 13 he faces (Nikhilesh De/CoinDesk) 15-06-2023

Nikhilesh De / CoinDesk: The US DOJ agrees to try Sam Bankman-Fried on eight charges for now, including wire fraud, securities fraud, and money laundering, down from the 13 he faces  —  Sam Bankman-Fried moved to dismiss most of the charges brought against him last month.  —  The U.S. Department of Justice intends … Lees verder op Tech Meme

A look at ByteDance's efforts to turn Douyin into a super app; ByteDance says Douyin's 700M users increased their spending on its on-demand services 7x in 2022 (Zheping Huang/Bloomberg) 15-06-2023

Zheping Huang / Bloomberg: A look at ByteDance’s efforts to turn Douyin into a super app; ByteDance says Douyin’s 700M users increased their spending on its on-demand services 7x in 2022  —  As a middle-age restaurant owner who was neither interested in scrolling through viral videos nor likely to create such videos herself … Lees verder op Tech Meme

Meta AI's Yann LeCun says experts' fears of AI threatening humanity are “preposterously ridiculous” and keeping research “under lock and key” would be a mistake (Chris Vallance/BBC) 15-06-2023

Chris Vallance / BBC: Meta AI’s Yann LeCun says experts’ fears of AI threatening humanity are “preposterously ridiculous” and keeping research “under lock and key” would be a mistake  —  One of the three “godfathers of AI” has said it won’t take over the world or permanently destroy jobs. Lees verder op Tech Meme

The US DOJ agrees to try Sam Bankman-Fried on only eight charges for now, including wire fraud, securities fraud, and money laundering, of the 13 faced by him (Nikhilesh De/CoinDesk) 15-06-2023

Nikhilesh De / CoinDesk: The US DOJ agrees to try Sam Bankman-Fried on only eight charges for now, including wire fraud, securities fraud, and money laundering, of the 13 faced by him  —  Sam Bankman-Fried moved to dismiss most of the charges brought against him last month.  —  The U.S. Department of Justice intends … Lees verder op Tech Meme

CCDH: Google made ~$10M in two years from ads by anti-abortion organizations misdirecting users to “pregnancy crisis centers” that do not actually provide care (Kari Paul/The Guardian) 15-06-2023

Kari Paul / The Guardian: CCDH: Google made ~$10M in two years from ads by anti-abortion organizations misdirecting users to “pregnancy crisis centers” that do not actually provide care  —  Study finds the search giant has profited since Roe was overturned from anti-abortion groups buying misleading search terms Lees verder op Tech Meme

A look at Fake Review Watch on YouTube, run by Kay Dean, documenting fake reviews on Yelp, Google, and others, often tracing them back to Facebook Groups (Stephen Council/SFGATE) 15-06-2023

Stephen Council / SFGATE: A look at Fake Review Watch on YouTube, run by Kay Dean, documenting fake reviews on Yelp, Google, and others, often tracing them back to Facebook Groups  —  A strange letter showed up on Kay Dean’s doorstep.  —  It was 2017, and the San Jose resident had left a one-star review on the Yelp page of a psychiatry office in Los Altos. Lees verder op Tech Meme

Sources: at a May meeting, the Hong Kong Monetary Authority questioned HSBC, Standard Chartered, and Bank of China on why they were not accepting crypto clients (Financial Times) 15-06-2023

Financial Times: Sources: at a May meeting, the Hong Kong Monetary Authority questioned HSBC, Standard Chartered, and Bank of China on why they were not accepting crypto clients  —  Regulators are pushing for banks to accept more exchanges as clients in quest to develop digital assets industry Lees verder op Tech Meme