Newslit Daily

Today’s pick Apple Workers at Maryland Store Vote to Unionize, a First in the U.S. Apple employees at a Baltimore-area store have voted to unionize, making it the first of the company's 270-plus stores in the United States to join a trend in labor organizing sweeping through retailers, restaurants and tech companies. The result… (Tripp Mickle / The New York Times ) Telegram tops 700 million users,...

Today’s pick LaMDA and the Sentient AI Trap . Google AI researcher Blake Lemoine was recently placed on administrative leave after going public with claims that LaMDA, a large language model designed to converse with people, was sentient. At one point, according to reporting by The Washington… (Khari Johnson / WIRED ) Coinbase lays off 18% of workforce as executives prepare for recession and 'cryp...

Today’s pick Bad Inflation Reports Raise Odds of Surprise 0.75-Percentage-Point Rate Rise This Week . A string of troubling inflation reports in recent days is likely to lead Federal Reserve officials to consider surprising markets with a larger-than-expected 0.75-percentage-point interest rate increase at their meeting this week. Before officials… (Nick Timiraos / Wall Street Journal ) Microsoft...

Today’s pick The Google engineer who thinks the company's AI has come to life . Google engineer Blake Lemoine opened his laptop to the interface for LaMDA, Google's artificially intelligent chatbot generator, and began to type. “Hi LaMDA, this is Blake Lemoine...,” he wrote into the chat… (Nitasha Tiku / Washington Post ) Crypto lender Celsius pauses withdrawals, transfers citing 'extreme market c...

Today’s pick Facebook Rethinks News Deals, and Publishers Stand to Lose Millions in Payments . Meta Platforms Inc.'s Facebook is re-examining its commitment to paying for news, people familiar with the matter said, prompting some news organizations to prepare for a potential revenue shortfall of tens of millions of dollars. The company has… (Alexandra Bruell / Wall Street Journal ) Exclusive: Matt...

Today’s pick Mandatory USB-C phone port edges closer after EU deal . European Union lawmakers have reached an agreement on proposed legislation that would force all future smartphones, including Apple's iPhone, to use the universal USB-C port for charging. Alongside phones, the rules will also apply to other… (Jon Porter / The Verge ) A Long-Awaited Defense Against Data Leaks May Have Just Arrived...

Today’s pick White House Won't Put New Tariffs on Solar Imports for Two Years, Sources Say . The White House is preparing to announce on Monday that it won't impose any new tariffs on solar imports for two years, in a move that's aimed at getting stalled solar power projects on track, according to people familiar with the decision. The… (Timothy Puko / Wall Street Journal ) Engineer Who Fled Charg...

Today’s pick Joe Biden: My Plan for Fighting Inflation . The global economy faces serious challenges. Inflation is elevated, exacerbated by Vladimir Putin's war in Ukraine. Energy markets are in turmoil. Supply chains that haven't fully healed are causing shortages and price hikes. Americans are anxious. (Joseph R. Biden Jr. / Wall Street Journal ) DeLorean offers a first look at its gull-winged A...

Today’s pick A Face Search Engine Anyone Can Use Is Alarmingly Accurate . For $29.99 a month, a website called PimEyes offers a potentially dangerous superpower from the world of science fiction: the ability to search for a face, finding obscure photos that would otherwise have been as safe as the proverbial needle in… (Kashmir Hill / The New York Times ) The Collison Brothers Built Stripe Into A...

Today’s pick Adam Neumann's blockchain-based redemption story now sponsored by a16z . In a classic “pivot-to-crypto-to-reinvent-yourself” moment, controversial WeWork founder Adam Neumann recently launched a startup, Flowcarbon, to sell tokenized carbon… (Anita Ramaswamy / TechCrunch ) Watchdogs to Joe Biden: Start leading on Congress stock-trade ban . 16 watchdog groups are demanding that Joe Bid...

Today’s pick Airbnb is closing its domestic business in China, sources say . All mainland Chinese listings — homes and experiences — will be taken down by this summer, but Airbnb will continue to maintain an office in the country to focus on outbound travel… (Deirdre Bosa / CNBC ) Hello? Hello? Is This Facebook? Anybody There? (Nope.) . You thought you had to wait forever to speak with a customer...

Today’s pick Broadcom in Talks to Acquire Cloud Company VMware . Broadcom Inc. is in talks to buy cloud-computing company VMware Inc., according to people familiar with the matter. Talks are ongoing and there is no guarantee they will lead to a deal, said the people, who asked not to be identified because the… (Liana Baker / Bloomberg ) Metaverse app BUD raises another $37M, plans to launch NFTs ....

Today’s pick SpaceX paid $250,000 to a flight attendant who accused Elon Musk of sexual misconduct . A flight attendant for SpaceX said Elon Musk asked her to 'do more' during a massage, documents show. The billionaire founder exposed his penis to her and offered to buy her a horse, according to claims in a declaration. After she reported the… (Rich McHugh / Business Insider ) At Wells Fargo, a Qu...

Today’s pick Crypto Exchange FTX Expands Into Stock Trading . Crypto exchange FTX will let customers trade stocks and exchange-traded funds on its popular trading app alongside bitcoin and dogecoin. FTX on Thursday will open access to its new stock-trading service for a limited number of U.S. users, the head… (Alexander Osipovich / Wall Street Journal ) Mark Cuban supports Biden proposal to forgiv...

Today’s pick For Tech Startups, the Party Is Over . A dizzying turn in technology-startup investing is undoing the fortunes of founders and investors riding a 13-year bull run. Highflying startups have been grounded, swiftly, by the new climate: layoffs, skeptical investors, an exodus of funds and… (Heather Somerville / Wall Street Journal ) Facebook Killed News Feed Fix for Fear of Conservative B...

Today’s pick If Tech Fails to Design for the Most Vulnerable, It Fails Us All . What do Russian protesters have in common with Twitter users freaked out about Elon Musk reading their DMs and people worried about the criminalization of abortion? It would serve them all to be protected by a more robust set of design practices… (Afsaneh Rigot / WIRED ) JetBlue to Launch Tender Offer for Spirit, Urge...

Today’s pick Bolt Built $11 Billion Payment Business on Inflated Metrics and Eager Investors . Even in Silicon Valley, a place teeming with entrepreneurs where fortunes are made seemingly overnight, Ryan Breslow stands out. He has promised to shake up the boring but important business of online payments with Bolt Financial, the start-up he… (Erin Woo / The New York Times ) Apple discontinues the i...

Today’s pick Warhol's 'Marilyn' Sells for $195 Million, Shattering Auction Record for an American Artist . Maybe the image is not racy like the one of Marilyn Monroe with her dress flying up in the movie “ The Seven Year Itch, ” but on Monday night it became the priciest. In under four minutes of bidding, Andy Warhol's 1964 silk-screen of… (Robin Pogrebin / The New York Times ) Crypto's Audacious...

Today’s pick Stanford Gets $1.1 Billion for New Climate School From John Doerr . John Doerr, one of the most successful venture capitalists in the history of Silicon Valley, is giving $1.1 billion to Stanford University to fund a school focused on climate change and sustainability. (David Gelles / The New York Times ) Fed raises rates by half a percentage point - the biggest hike in two decades -...

Today’s pick A Supreme Court in Disarray After an Extraordinary Breach . Sources have motives, and the leaked draft opinion overturning Roe v. Wade raises a question as old as the Roman Empire. Cui bono? Who benefits? Not the Supreme Court as an institution. Its reputation was in decline even before… (Adam Liptak / The New York Times ) NFT Sales Are Flatlining . The sale of nonfungible tokens, or...

Today’s pick Facebook Pulls the Plug on Podcast Business After a Year . Facebook is pulling out of podcasts and plans to remove them altogether from the social-media service starting June 3. Facebook will stop letting people add podcasts to the service starting this week, according to a… (Ashley Carman / Bloomberg ) Grindr User Data Has Been for Sale for Years . The precise movements of millions o...

Today’s pick Apple Abused Dominance in Mobile-Wallets Markets, According to Preliminary EU View . European Union antitrust authorities have told Apple Inc. that they have formed a preliminary view that it has abused its dominant position in markets for mobile wallets. The European Commission said that by limiting technology used for contactless… (Laurence Norman / Wall Street Journal ) Bored Ape M...

Today’s pick Amazon's Twitch Seeks to Revamp Creator Pay With Focus on Profit . Twitch, the Amazon.com Inc. -owned live-streaming website, is weighing potential changes to how it pays top talent, said people familiar with the planning, an effort that would boost its profits but would also risk alienating some of its biggest… (Cecilia D'Anastasio / Bloomberg ) Meta says its metaverse biz lost anoth...

Today’s pick Tech Giants Duped Into Giving Up Data Used to Sexually Extort Minors . Major technology companies have been duped into providing sensitive personal information about their customers in response to fraudulent legal requests, and the data has been used to harass and even sexually extort minors, according to four federal… (William Turton / Bloomberg ) Twitter Admits It Hid Tweets About H...

Today’s pick How Elon Musk Won Twitter . Elon Musk became the new owner of Twitter on Monday, after completing a stunning $44 billion takeover of the social media platform, ending a process that has vacillated between a done deal and dead in the water in the last three weeks. (Chris Stokel-Walker / WIRED ) Fidelity to Allow Retirement Savers to Put Bitcoin in 401(k) Accounts . Fidelity Investments...