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Techmeme Latest Headlines

Updated: 1 hour ago

Sources: the EU plans to announce investigations into Apple's and Google's DMA compliance in the coming days; Meta's subscriptions could also face scrutiny (Samuel Stolton/Bloomberg)

Apple says the US DOJ's lawsuit sets a dangerous precedent and empowers the "government to take a heavy hand in designing people's technology" (Joe Rossignol/MacRumors)

The US DOJ sues Apple, alleging the company blocked rivals from accessing iPhone features, made it difficult for users to switch to non-Apple devices, and more (Wall Street Journal)

The Browser Company, which makes the Arc browser, raised $50M led by Pace Capital at a $550M valuation, bringing its total funding to $128M (Ivan Mehta/TechCrunch)

Borderless AI, whose AI agent automates HR tasks like onboarding and payments, emerges from stealth with a $27M seed led by Susquehanna and Agla Ventures (Jena McGregor/Forbes)

Sources: the BBC plans to build its own AI models, and is holding talks with tech companies, including Amazon, about selling its content for AI training (Daniel Thomas/Financial Times)

Used car marketplace Carvana, whose stock fell from $360 to $4, has now rallied to $86, avoiding a financial abyss after restructuring its $9B debt in 2023 (Sujeet Indap/Financial Times)

Tokyo-based Sakana AI, founded by two Google researchers, releases three Japanese language models using "model merging", which combines existing models (Anna Tong/Reuters)

Qualcomm announces the Snapdragon 7+ Gen 3, a 4nm chip aimed at high-end smartphones that adds on-device generative AI and Wi-Fi 7; OnePlus is the first partner (Abner Li/9to5Google)

Reddit, one of the last online places where real people gather to talk, is a content moderation success story, after evolving from a dark corner of the internet (Kevin Roose/New York Times)

In a letter to Judge Kaplan, FTX CEO John Ray says SBF's claims of "zero" harm to users are "demonstrably false" and FTX had only 105 bitcoin when Ray took over (Sidhartha Shukla/Bloomberg)

As "censorship free" social network Parler returns to the iOS App Store, CEO Ryan Rhodes talks new features, moderation, and building "a true open platform" (Wired)

Chinese state media: during his visit to Shanghai, Tim Cook says "there's no supply chain in the world that's more critical to us than China" (Financial Times)

YouTube TV rolls out Multiview support on iOS and iPadOS, letting users watch four TV channels at once; Android support will roll out "in the coming months" (Ben Schoon/9to5Google)

X launches API top-up packs, letting developers fetch roughly 10,000 more posts for $100 after exceeding their tier's limits midway through a month (Ivan Mehta/TechCrunch)

Investor letter: Shein announces its "supply chain as a service" initiative to offer its supply chain infrastructure and tech to outside brands and designers (Shen Lu/Wall Street Journal)

US government emails show India rolled back its policy to impose restrictions on laptop imports in 2023 after behind-the-scenes lobbying by US officials (Reuters)

An analysis of cookie pop-ups on the top 10,000 most popular websites: dozens share date with 1,000+ companies, and thousands share data with 100+ companies (Matt Burgess/Wired)

The TikTok divestment bill fits into a long and important US tradition of forbidding a hostile foreign power from controlling a major communication platform (Zephyr Teachout/The Atlantic)

Paris-based Greenly, whose carbon accounting software helps SMBs track their carbon emissions, raised a $52M Series B, and reports $10M+ in ARR in 2023 (Tim De Chant/TechCrunch)

Court docs: Sachin Dev Duggal, the CEO of London-based Builder.ai that raised a $250M Series D in 2023, is a suspect in a money laundering probe in India (Financial Times)

In a research paper, Google Research details how AI enabled the company to provide accurate flood forecasting in over 80 countries up to seven days in advance (Yossi Matias/The Keyword)

Canadian regulatory agency ISED clarifies its stance on banning Flipper Zero, saying the aim is to restrict the use of such devices "to legitimate actors only" (Michael Kan/PCMag)

Fairly Trained certifies KL3M, an LLM claimed to be built without the permissionless use of copyrighted materials by legal tech consultancy startup 273 Ventures (Kate Knibbs/Wired)

OpenAI says it hasn't yet set a timeline for the release of Sora, as the company tries to catch up to other text-to-video AI startups like Runway AI (Rachel Metz/Bloomberg)

Boston-based CyberSaint, which helps enterprises assess, measure, remediate, and communicate their cyber risk posture, raised a $21M Series A led by Riverside (Duncan Riley/SiliconANGLE)

Sources: Temu and Shein have supplanted Walmart and Target as focal points in internal Amazon meetings related to retail, as Amazon explores new promo campaigns (Sebastian Herrera/Wall Street Journal)

After a classified briefing on TikTok, the Senate Commerce Committee Chair Maria Cantwell says "the next steps might be something more public, like a hearing" (Ashley Gold/Axios)

X suspended accounts of some journalists and researchers who posted the alleged real name of neo-Nazi cartoonist Stonetoss after Stonetoss appealed to Elon Musk (David Gilbert/Wired)

BlackRock unveils its first tokenized asset fund, BUIDL, built on the Ethereum network and fully backed by cash, US Treasury bills, and repurchase agreements (Krisztian Sandor/CoinDesk)

Sources: after more than six months, the FBI has resumed limited outreach to some US tech companies about foreign propagandists using their platforms (NBC News)

Bengaluru-based smart ring maker Ultrahuman raised a $35M Series B, with $25M in equity and the rest in debt, from Blume, Steadview Capital, Nexus, and others (Natasha Lomas/TechCrunch)

A UK jury finds Jian Wen guilty of laundering bitcoin for a Chinese fugitive allegedly behind a ~$6B fraud in China; police had seized BTC worth $2.2B+ in 2018 (Bloomberg)

Neuralink shows its first brain implant patient, a 29-year-old man paralyzed from the shoulders down, playing online chess using the Neuralink device (Emily Mullin/Wired)

Sources: Cohere, which has raised $445M and was seeking new funding at a $6B valuation last year, generated just ~$13M in annualized revenue at the end of 2023 (The Information)

Sources: the US DOJ is poised to sue Apple as soon as Thursday, accusing it of violating antitrust laws by blocking rivals from accessing iPhone features (Bloomberg)

Reddit priced its IPO at $34 a share, the top of its expected range, bringing in $519M and valuing the company at about $6.5B (CNBC)

The US House passes a bill to prevent data brokers from selling personal data to China, Russia or other "foreign adversaries"; the bill now heads to the Senate (Alfred Ng/Politico)

Chipmaker Astera Labs jumped 72% in its trading debut after its IPO topped expectations to raise $713M, giving the company a market value of $9.46B (Bloomberg)

Micron reports Q2 revenue up 58% YoY to $5.82B, vs. $5.53B est., and forecasts Q3 revenue above estimates, buoyed by demand for AI hardware; MU jumps 11%+ (Ian King/Bloomberg)

GitHub releases code scanning autofix, powered by Copilot and CodeQL, in public beta for GitHub Advanced Security customers, to help them fix vulnerabilities (Frederic Lardinois/TechCrunch)

Epic plans to release the Epic Games Store on iOS and Android later this year, with the same terms as the ones for PC, including a 12% commission on sales (Ben Schoon/9to5Google)

Meta, Microsoft, X, and Match Group file an amicus brief in Epic v. Apple protesting Apple's plan to charge a commission for payments made outside the App Store (Wall Street Journal)

Morph, an Ethereum Layer 2 network that uses a combination of optimistic and zero-knowledge rollup technologies, raised a $19M seed led by DragonFly Capital (Niamh Rowe/Fortune)

A commit in Ethereum Foundation's GitHub repository shows the foundation has received a voluntary and confidential enquiry from an unspecified state authority (Tim Copeland/The Block)

Sources: Stability AI CEO Emad Mostaque told staff last week that Robin Rombach and other researchers, the key creators of Stable Diffusion, have resigned (Forbes)

Marc Lore's food delivery startup Wonder raised $700M from NEA, GV, and others, taking its total funding to $1.5B, and aims to open nearly 100 NYC locations (Sarah Nassauer/Wall Street Journal)

Robinhood rolls out its Robinhood Wallet app on Android, after launching the iOS app and a beta Android app in March 2023 (Yogita Khatri/The Block)

EU antitrust chief Margrethe Vestager warns Apple over its Core Technology Fee, saying the EU plans to investigate, and Meta over its planned subscription fees (Foo Yun Chee/Reuters)

India appoints the government-run Press Information Bureau's fact checking unit to undertake fact checking for government-related social media content (Manish Singh/TechCrunch)

Sources: EU Commission rules, set to be adopted as soon as next week, will fine X, TikTok, and other big platforms over lax election AI content moderation (Javier Espinoza/Financial Times)

US-listed PDD, which runs Temu and Pinduoduo, reports Q4 revenue up 123% YoY to ~$12.5B and operating profit up 146% YoY to ~$3.2B, boosted by merchant fees (Eleanor Olcott/Financial Times)

A review of OpenAI's GPT Store finds many GPTs that offer bizarre services, potentially infringe on copyright, impersonate people, jailbreak ChatGPT, and more (Kyle Wiggers/TechCrunch)

An in-depth look at the 2017 "Attention Is All You Need" paper, now fundamental to LLMs, and profiles of the eight Google researchers who co-authored the paper (Steven Levy/Wired)

Toronto-based PocketHealth, which helps 775 health care providers exchange images covering 1.5M patients to cut costs, raised a $33M Series B led by Round13 (Saritha Rai/Bloomberg)

SteamDB: after releasing its massive 1.6 update, Stardew Valley hit 146,159 concurrent players on Steam, a new record and above Palworld's stats this week (Jess Weatherbed/The Verge)

After damage to four major African subsea internet cables, some telecoms are rerouting traffic via Brazil or overland cables; repairs may take over three weeks (Bloomberg)

After its early OpenAI bet, Microsoft hiring Mustafa Suleyman and Inflection's staff continues a strategy of developing close ties with leading AI practitioners (Camilla Hodgson/Financial Times)

Filing: MicroStrategy bought 9,245 bitcoin for $623M between March 11 and 18, taking its total holding to 214,246 bitcoin, worth ~$14B, or 1%+ of all bitcoin (Muyao Shen/Bloomberg)

Bengaluru-based audio platform Pocket FM, which offers series with short episodes, raised a $103M Series D led by Lightspeed, a source says at a $750M valuation (Ivan Mehta/TechCrunch)

Lenovo updates its $1,239+ ThinkPad X13, available as a laptop or 2-in-1, and $1,199+ ThinkPad L-series, adding a 16" model, available with Intel or AMD chips (Brian Westover/PCMag)

France begins work on "a national solution" to protect IT giant Atos, which manages nuclear data and cybersecurity, after Airbus talks failed; ATO.PA drops 20%+ (Liz Alderman/New York Times)

Tencent reports Q4 revenue up 7% YoY to ~$21.6B, vs. ~$21.8B est., a ~$3.8B net income, vs. ~$4.6B est., and plans a $12.8B+ stock buyback, as gaming sales slow (Zheping Huang/Bloomberg)

The US awards Intel $8.5B in CHIPS Act funding and $11B in loans to expand in Arizona, Ohio, New Mexico, and Oregon; Intel plans to spend $100B over five years (Financial Times)

France fines Google 250M for failing to broker deals with media outlets over content linking and using press content to train AI, after a 500M fine in 2021 (Samuel Stolton/Bloomberg)

How Sweet Baby, a small video game narrative development company, became the focus of Gamergate 2.0, a harassment campaign against "forced" diversity in gaming (Ash Parrish/The Verge)

Analysts warn that welcoming TikTok, Temu, and Shein to Ireland's low-tax jurisdiction could backfire, as the country tries to reduce reliance on US tech giants (Clothilde Goujard/Politico)

Trend Micro researchers detail Earth Krahang, a China-linked APT campaign that is potentially linked to I-Soon and has breached 70 organizations in 23 countries (Bill Toulas/BleepingComputer)

Sources: Canada and the UAE have lobbied leading European and UK AI startups, including Aleph Alpha, Synthesia, and Stability AI, to move their headquarters (Financial Times)

Sources: the Biden admin is considering blacklisting a number of Chinese chip firms linked to Huawei, after the company used an advanced 7nm chip in Mate 60 Pro (Mackenzie Hawkins/Bloomberg)

Samsung expects revenue of $100M or more in 2024 from an advanced chip packaging unit that the company set up as a separate business in 2023 (Reuters)

Enterprise data security startup BigID raised $60M led by Riverwood Capital at a $1B+ valuation, bringing its total funding to $320M, and reports ~$100M in ARR (Eduard Kovacs/SecurityWeek)

GoTo reports $5.76B net loss for 2023, up 2x+ YoY, due to a write-down on TikTok's acquisition of a ~75% stake in GoTo's Tokopedia, on a net revenue of ~$933.6M (Nana Shibata/Nikkei Asia)

Chipmaker Astera Labs prices its IPO at $36 per share, above its previous target range of $32-$34 per share, and seeks to raise ~$713M at a $5.5B valuation (Rishabh Jaiswal/Reuters)

PE firm Francisco Partners agrees to acquire Portland, Oregon-based Jama Software, which helps companies develop complex tech products, for $1.2B (Mike Rogoway/Oregonian)

Sources: OpenAI plans to release GPT-5 in mid-2024, likely during summer, and some enterprise customers have recently received demos of the latest model (Business Insider)

Researchers say misconfigured Firebase instances exposed 125M+ users' records, including plaintext passwords, email addresses, and messages, across 900 websites (Ionut Arghire/SecurityWeek)

Inflection AI plans to license its technology to Microsoft; a source says investors in Inflection AI, which has raised more than $1.5B, will be made whole (Shirin Ghaffary/Bloomberg)

Sources: Israeli cybersecurity company Cato Networks has hired underwriters for a US IPO as soon as early 2025; source: Cato is looking to raise more than $500M (Echo Wang/Reuters)

In a brief demo, Meta shows how Threads could handle fediverse sharing, including waiting five minutes before sending a Threads post to the fediverse (Emma Roth/The Verge)



Politics Headlines Today
[Fri-29-Mar-2024]

Updated: 22 mins ago

10 aspirants buy Ondo APC governorship nomination forms - The Nation

10 Things To Know About New Capital Requirements For Banks By CBN - Leadership

2023: Aggrieved PDP candidates drag George, Bucknor-Akerele, others to court - Blueprint

2024 Easter Celebration: IGP Felicitates Christians - Daily Independent

2027: ADC Clears Ihedioha To Join Its Fold - Leadership

24 Lawyers Ready To Challenge Those Trying To Halt The Bill Extending Tenure Of Staff Of The National Assembly - Nigerian Pilot

24 Lawyers Ready To Challenge Those Trying To Halt The Bill Extending Tenure Of Staff Of The National Assembly Group - The Authority

30,000 students benefit from Ogun Educash Transfer - The Nation

45 Die As Bus Carrying Easter Worshippers Falls Off Cliff In South Africa - Leadership

A Ibom traders get N1.5b non interest loan as Eno flags off free food scheme - Daily Times

Abiodun felicitates Tinubu at 72 - Punch

Abiodun promises more infrastructural development - The Nation

Abiodun promises to prioritise road construction - Punch

Abure re-elected as LP National Chairman - Peoples Daily

Access Holdings grows profit by 335%, earnings hit N2.59trn - Blueprint

Access Holdings Plans $1.5bn Capital Raising Programme - Leadership

Access Holdings Posts N729bn PBT, Grows Earnings To N2.59trn - Daily Independent

Accra 2023 Recap: De Lange, Elkamash, Van Rensburg are most medalled athletes - The Nation

ACReSAL organises step-down training on food sustainability in Zamfara - Tribune

Activists complain about land grabbers - The Nation

Adamawa SDP guber-candidate, Ardo loses eldest daughter - Peoples Daily

Adanian Labs and Ayoba Celebrate Completion of SME Program, Promoting Economic Growth in Nigeria - Nigerian Pilot

Adanian Labs and Ayoba Celebrate Completion of SME Program, Promoting Economic Growth in Nigeria - The Authority

Adeleke to issue executive order freeing unjustly incarcerated women in Osun - The Cable

Aella Rebrands to Aella Microfinance Bank, Pledges Enhanced Financial Solutions for Nigerians - Punch

AfDB Signs $75m Loan Agreement to Boost Indoramas Fertiliser Production, Export Capacity - Thisday

Afenifere backs no negotiation, non payment of ransom to kidnappers - Blueprint

Afenifere Suggests Ways to End Insecurity, Attacks on Security Personnel in the Country - Thisday

Affidavit Forgery: Kogi SDP Witness Contradicts Self At Tribunal - Leadership

Africa PrudentialShareholders Approve N0.45 Dividend - Thisday

Africorp Consortium Strengthens Ties with Oyo Govt - Daily Independent

Again, national grid collapses second time in 2024 - Tribune

Agric ministry, stakeholders strategizes to mitigate climate pollutants, others - The Authority

Aid Worker Rescues Abandoned Toddler From Akwa Ibom Bush, Seeks Donations For Treatment - Leadership

Aims Media Seeks Support, Patronage As Pathway To Jannah Ramadan Programme Clocks 10 - Daily Independent

Airlines are roaring back in places you might not expect - BBC

Ajaero, Ejiofor not members of LP, says party spokesman - Daily Trust

Akpabio showers praises on Tinubu at 72 - Tribune

Alake Urges Bitumen Concessionaires To Develop Nigeria's Reserves - Daily Independent

All-share Index Closes Negative, Down 0.08% - New Telegraph

Allegation Of Budget Padding Was Aimed At Dividing Senate Zam - New Telegraph

Alleged Forgery: FCT Court Remands Bayelsa Senator In Prison - Leadership

Alleged Fraud: FCT Court Discharges, Acquits Adoke in OPL 245 Trial - Thisday

Alleged Malabu Oil scam: Court discharges ex-AGF Adoke, others - Daily Times

Alleged Malabu Oil scam: Court discharges ex-AGF Adoke, others - Tribune

Alleged Malabu Oil scam: Court discharges ex-AGF Adoke, others - The Nation

Alleged NYSC certificate forgery: Bayelsa senator gets N50m bail - The Nation

Alleged violation: Binance top shot drags Ribadu, EFCC to court - Blueprint

Alternative Bank, TK Tech Africa partner on $500m digital sukuk - The Nation

Alves Reports For Weekly Barcelona Court Visit - Leadership

AMVCA 10: Africa Magic Announces Nominees, Voting Now Open - Thisday

An Open Letter To Nyesom Wike: Please Give Peace A Chance In Rivers State - Nigerian Pilot

An Open Letter To Nyesom Wike: Please Give Peace A Chance In Rivers State - The Authority

APC celebrates Tinubu at 72, describes president as nation builder - The Nation

APC Chieftain Asks Tinubu To Halt Cooking Gas Price Hike - Leadership

APC Dass LG embroiled in leadership crisis, as aggrieved members insist party chairman must go - Daily Times

APC faction inaugurates new exco in Benue - Daily Trust

APPLY: Oyo College of Nursing and Midwifery extends sale of admission form - The Cable

Army 17: We need independent probe - The Nation

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