Techmeme Ride Home Fri. 02/17 - Susan Wojcicki Rides Off Into The Sunset
Feb 17, 2023
The US is taking action against Terraform Labs amid the ongoing crypto fallout. Rumors circulate in the UK about Google allegedly paying Apple to maintain its search dominance. The tech world marks a significant shift as Susan Wojcicki steps down as YouTube CEO, reflecting on her impactful tenure. TikTok announces an intriguing live trivia contest, while discussions on generative AI highlight its expanding role in various industries. Lastly, the Rust programming language's rise illustrates new standards in tech safety.
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Terraform Labs Lawsuit
- The SEC is suing Terraform Labs and Do Kwon for allegedly selling unregistered securities and a fraudulent scheme.
- This scheme resulted in a $40 billion market value loss and misleading investors about the stability of TerraUSD.
Google and Apple Antitrust Investigation
- The UK's CMA is investigating Google's alleged payments to Apple to make Google Search the default on iOS devices.
- The CMA is concerned this discourages Apple from developing its own search engine.
TikTok Trivia Launch
- TikTok launched TikTok Trivia, a live-streamed trivia quiz with a $500,000 prize pool.
- The event is sponsored by Lionsgate and its upcoming film, John Wick: Chapter 4.
