| Yogita Khatri / The Block: |
Tether plans to invest up to 15% of its profits in bitcoin, as the stablecoin developer shifts its reserves towards crypto and away from US government debt — - Tether is set to purchase bitcoin on a regular basis from its profits. — It held $1.5 billion in bitcoin as of the end of the first quarter … | Ryan Weeks / The Block: |
Ripple acquires Switzerland-based digital asset custody startup Metaco for $250M in cash and stock and plans to keep the brand and founder Adrien Treccani — David Paul Morris/Bloomberg via Getty Images — Crypto payments firm Ripple shelled out $250 million for Swiss custody startup Metaco.| Nikhilesh De / CoinDesk: |
| Lawrence Abrams / BleepingComputer: |
Cybersecurity researchers and IT admins raise concerns over Google's new .zip and .mov TLDs, warning that threat actors could use them for phishing and malware — Cybersecurity researchers and IT admins have raised concerns over Google's new ZIP and MOV Internet domains … | Sarah Perez / TechCrunch: |
Amazon announces the new $40 semi-circle design Echo Pop, updates the $90 Echo Show 5, $100 Echo Show 5 Kids Edition, $50 Echo Buds, expands Echo Auto, and more — After last fall's Amazon hardware event which brought us a handful of new Echo devices, like the Dot with the clock and other minor updates … | Jonathan Greig / The Record: |
Symantec says the advanced persistent threat Lancefly used custom malware to attack Asian governments, telcos, and other organizations from mid-2022 to Q1 2023 — A government-backed hacking group known as “Lancefly” has been seen using custom-made malware to attack governments, telecoms and other organizations across Asia.| Chris Welch / The Verge: |
Beats Studio Buds+ review: better sound, ANC, battery, and calls, but ANC lags AirPods Pro 2, no wireless charging, and lacks some of Apple's ecosystem tricks — With better sound, improved noise cancellation, and a standout translucent design, these are everything the original Beats Studio Buds should've been.| CNBC: |
In an interview, Elon Musk discussed acquiring Twitter, defended his inflammatory tweets, called tech workers the “laptop class living in la-la-land”, and more — Tesla CEO Elon Musk sat down for a sprawling interview with CNBC anchor David Faber on Tuesday following .| Anna Tong / Reuters: |
A poll of 4,415 US adults finds that 61% believe AI could threaten civilization and 66%+ are concerned about negative effects; 70% of Trump voters are concerned — The swift growth of artificial intelligence technology could put the future of humanity at risk, according to most Americans surveyed … | Jess Weatherbed / The Verge: |
Stability AI releases StableStudio, an open-source version of DreamStudio, its commercial interface for the company's text-to-image Stable Diffusion model — Stability AI is releasing an open-source version of DreamStudio, a commercial interface for the company's AI image generator model, Stable Diffusion.| Stephanie Bodoni / Bloomberg: |
Sources: the Irish DPC is set to hand Meta a record EU privacy fine and order the company to stop all data transfers to the US that rely on certain clauses — Facebook owner Meta Platforms Inc. is set to be handed a record European Union privacy fine eclipsing a €746 million ($809 million) penalty doled out to Amazon.com Inc..| Douglas MacMillan / Washington Post: |
Investigation: some US public housing agencies use surveillance cameras with facial recognition and other AI to evict residents, sometimes for minor violations — Surveillance cameras purchased with federal crime-fighting grants are being used to punish and evict public housing residents … | Louise Matsakis / Semafor: |
After FiscalNote, which offers data to US lobbyists, shared plans to use ChatGPT, OpenAI told the company the chatbot can only be used for grassroots campaigns — OpenAI told a leading company that provides data to Washington lobbyists and policy advocates that it can't advertise using ChatGPT for politics.| Kevin Purdy / Ars Technica: |
Belkin says the company won't patch a buffer overflow vulnerability in the Wemo Mini Smart Plug V2 disclosed on March 14 as the device is at the end of its life — Tricking a plug with a too-long name could lead to buffer overflows, injections. — I once co-owned a coworking space.| Peter Landers / Wall Street Journal: |
IBM plans to give $100M and Google plans to give $50M for quantum computing research to the University of Chicago and the University of Tokyo — Deal to be announced at Hiroshima G-7 summit seeks to preserve American lead in critical technology — TOKYO—IBM and Google are giving $150 million … | Tech Transparency Project: |
Researchers find that YouTube recommends videos on guns and school shootings to young gamers, despite the platform's policies against “violent or gory content” — YouTube says it delivers ‘responsible’ video recommendations. But its algorithms steered accounts … | Kyle Bradshaw / 9to5Google: |
An update to Google's Personal Safety app for Android suggests the company plans to offer a Dashcam recording feature for Pixel phones and other select devices — Rather than needing to buy a (sometimes pricey) dedicated gadget, you should soon be able to use your Pixel (and select other Android devices) … | Ivan Mehta / TechCrunch: |
Instagram adds support for GIFs in comments on posts and Reels, plans to launch a lyrics feature for Reels, and will roll out Instagram Gifts in India — On Tuesday, Mark Zuckerberg held a chat with Instagram head Adam Mosseri as part of the company launching collaboration feature on broadcast channels.| Reuters: |
Draft doc: European telecoms propose that companies accounting for 5%+ of a provider's peak average internet traffic help fund the rollout of 5G and broadband — Big tech companies accounting for more than 5% of a telecoms provider's peak average internet traffic should help fund the rollout … | Financial Times: |
Sources: Volkswagen held talks to use Huawei software in its cars in China, after its software unit Cariad missed its development goals and exceeded its budget — Turmoil at German carmaker's in-house software arm threatens to affect market share — Volkswagen has held talks … | Financial Times: |
As Chinese companies recruit South Korean tech talent more aggressively, Seoul creates a database to monitor South Korean chip engineers' international travel — Seoul says US export controls have made Chinese companies more aggressive in acquiring expertise| Dietrich Knauth / Reuters: |
Voyager expects users to recover ~35% of their crypto deposits as a US judge approves its liquidation plan, letting the company return ~$1.33B in crypto assets — Crypto lender Voyager Digital said Wednesday that customers will recover about 35% of their cryptocurrency deposits as the company winds … | Sankalp Phartiyal / Bloomberg: |
India unveils a ~$2B, six-year incentive scheme to entice makers of laptops, tablets, and other hardware to the country, following its 2021 smartphone program — India is unveiling a 170 billion rupee ($2 billion) financial incentive plan to draw makers of laptops, tablets and other hardware … | Heather Kelly / Washington Post: |
Uber plans to let minors aged 13 to 17 ride solo for the first time in select US and Canadian cities starting on May 22, via the use of a special family account — Kids between 13 and 17 years old will soon be able to hail a ride in an Uber — Until now, teenagers weren't supposed to ride alone in an Uber.| Reuters: |
Since April 6, the Cyberspace Administration of China closed 107K online accounts of counterfeit news outlets and anchors and removed 835K pieces of content — China has intensified efforts to clean up the internet from false news and rumours, closing more than 100,000 online accounts …
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