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June 28, 2023, 10:45 AM
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| Bloomberg: |
Sources: FTX abruptly halted the sale of its $500M stake in AI startup Anthropic; FTX's bankers had reportedly been shopping its Anthropic stake in early June — Bankrupt cryptocurrency exchange FTX has abruptly halted the sale of one of its most sought-after assets: a stake in artificial intelligence startup Anthropic.| Jesse Coghlan / Cointelegraph: |
FTX sues former compliance officer Daniel Friedberg, alleging he was Sam Bankman-Fried's “fixer” who made “hush money” payments to two potential whistleblowers — The lawsuit claims the former compliance officer paid whistleblowers to stop them from exposing the “true fraudulent nature” of the exchange.| Colin Wilhelm / The Block: |
A US judge denies Sam Bankman-Fried's motion to dismiss or sever most of the criminal charges he faces; Bankman-Fried faces 100+ years in prison if convicted — A federal judge denied Sam Bankman-Fried's motion to dismiss or sever most of the criminal charges he faces.
More: Financial Times, Decrypt, Bitcoin News, Coinspeaker, Cryptopolitan, Watcher Guru, and Reuters
| Wall Street Journal: |
Sources: the US is considering new AI chip export restrictions to China as soon as July, which could even prevent sales of Nvidia's A800 chip without a license — Restrictions come amid concerns that China could use AI chips from Nvidia and others for weapon development and hacking| Patience Haggin / Wall Street Journal: |
Adalytics: ~80% of Google's video ad placements on third-party sites violated the company's promised standards between 2020 and 2023; Google disputes the claims — About 80% of Google's video-ad placements on third-party sites violated promised standards, new research shows; Google disputes claims
More: Adalytics, Android Police, The Guardian, simpleblog.ai, PCMag, The Keyword, WinBuzzer, MarketWatch, Dexerto, Search Engine Journal, The Overspill, Fortune, The Information, and Electrek
Bluesky: @joshsternberg.bsky.social. Mastodon: @randfish@mastodon.social. Twitter: @nandoodles, @ttp_updates, @mathver, @davidclinchnews, @oliviaakory, @ryanbarwick, @theashleyray, @jameshercher, @aripap, @aripap, @paultang, @davidclinchnews, and @jason_kint
Forums: r/technology and Slashdot
| New York Times: |
UK convenience stores are increasingly using facial recognition to combat shoplifting, something critics say is a disproportionate solution for minor crimes — British merchants are increasingly using the technology to combat shoplifting, raising questions about its spread as artificial intelligence rapidly improves it.
Mastodon: @carnage4life@mas.to. Twitter: @satariano, @jazzyjtyler, @tonyromm, @silkiecarlo, @bigbrotherwatch, @kashhill, @fabiochiusi, and @kashhill
| Dan Goodin / Ars Technica: |
Analysis: the Clop ransomware group has breached 122 organizations and obtained the data of ~15M people to date by exploiting a critical zero-day flaw in MOVEit — The dramatic fallout continues, with as many as 122 organizations now breached. — The dramatic fallout continues …
More: CyberScoop, GovInfoSecurity.com, web, BleepingComputer, CRN, Dark Reading, DataBreachToday.com, and The Record. Forums: Ars OpenForum
| Alexandra Sternlicht / Fortune: |
How Shein's influencer tour of its Guangzhou factory, aiming to foster goodwill and improve the company's image before a rumored IPO, spectacularly backfired — In recent days, Chinese fast fashion giant Shein took a handful of influencers on a tour of its Guangzhou factory.
More: Forbes, Gizmodo, Insider, MIT Technology Review, CNN, PingWest, TechCrunch, Mashable, and MakeUseOf
Twitter: @thekimbino, @dieworkwear, @tyleroakley, @stevenjcbuckley, @ivadixit, @notabigjerk, @imaniamrani, @twinbrett_, @qinnitan, @thomasgermain, and @iamsternlicht
| David Heaney / UploadVR: |
Report: Google canceled its “Iris” AR glasses project earlier in 2023 to focus on creating AR software platforms to license to headset manufacturers — Google reportedly killed its glasses hardware project. — Business Insider's Hugh Langley cites “three people familiar with the matter” …
Source: Insider. More: 9to5Mac, PCWorld, PCMag, Mashable, 9to5Google, Android Authority, TechRadar, T3, BigTechWire, Analytics Insight, Engadget, SamMobile, Techlusive, PhoneArena, The Verge, Android Central, and Sammy Fans
Twitter: @mishaalrahman, @diegobez, @reedalbergotti, and @dzierler
Forums: r/hardware and r/virtualreality
| Kwaku Gyasi / Bloomberg: |
Public cloud infrastructure startup Fly.io, which operates data centers in 37 regions globally, raised a $110M Series C led by EQT at a $467M valuation — Fly.io, a tech startup whose public cloud infrastructure enables developers to deploy applications, has raised $70 million in a funding round …
More: The Fly Blog
| Kyle Wiggers / TechCrunch: |
OpenAI's ChatGPT iOS app adds Bing for ChatGPT Plus subscribers, drawing on information that extends beyond ChatGPT's original training data to answer questions — ChatGPT on mobile can now surf the web. But only via Bing. — Today, OpenAI announced that subscribers to ChatGPT Plus … | Bloomberg: |
An interview with senior Binance executive Yi He, who has stayed out of the spotlight and has children with CZ, on regulators, compliance, Okcoin, and more — One senior Binance executive has managed to stay out of the global spotlight over the past six years and counting …
Twitter: @caspiancey and @muyaoshen
| Jack Schickler / CoinDesk: |
The European Commission publishes its legislative plans to underpin a digital euro, including safeguards for privacy and financial stability — Officials want a digital payment system available to “everyone, everywhere, for free.” — BRUSSELS, Belgium - The European Commission published …
More: European Commission, Cointelegraph, European Central Bank, Financial Times, RTÉ, Reuters, Business Post, Bloomberg, and Forkast
Twitter: @ecb, @digitaleu, @mamereric, and @eu_finance
| Bloomberg: |
A look at “Anonymous Sudan”, a self-described hacktivist group targeting Microsoft, Sweden, Israel, the US, and others, which researchers have tied to Russia — A hacking group responsible for a series of outages at Microsoft Corp. earlier this month had spent … | Bloomberg: |
Y Combinator received a record 24K applications for its latest cohort and accepted less than 1%, of which ~35% are AI-focused and 50% use AI in their business — More than one-third of the famed startup accelerator Y Combinator's latest batch of companies are focused specifically on artificial intelligence.
More: Business Post and Tech in Asia
| Ingrid Lunden / TechCrunch: |
Carl Pei's Nothing raised $96M led by Highland Europe before the Phone (2)'s launch, taking the company's funding to $250M; sources say 2022 revenue was $200M — Smartphone sales are in decline as handset makers grapple with saturated markets and a tough consumer economic climate.
More: Bloomberg, Business Standard, Silicon Republic, Forbes, Nothing, Android Central, and T3
| Nilay Patel / The Verge: |
Q&A with Roblox CEO David Baszucki on the company adding experiences for people aged 17+, its aging users, its social graph, young developers, Robux, and more — Roblox, the virtual world and game platform, has 66 million daily users who spent 14 billion collective hours on it in just Q1 of 2023.| Lindsey Adler / Wall Street Journal: |
MLB partners with Uplift Labs, which uses AI and images captured by two iPhone cameras to detect players' flaws, forecast their potential, and flag injury risk — The most important thing a baseball team can do ahead of the amateur draft is predict future success for developing young ballplayers.| Kyle Wiggers / TechCrunch: |
Astrix Security, which helps companies manage and secure third-party app integrations, raised a $25M Series A led by CRV to expand in Tel Aviv and the US — Astrix Security, a platform that helps companies manage and secure third-party app integrations, today announced that it closed …
More: FinSMEs, SecurityWeek, DeviceSecurity.io, and Astrix Security
| Foo Yun Chee / Reuters: |
EU countries and lawmakers reach an agreement on the Data Act, establishing rules on how Big Tech and other companies use European consumer and corporate data — EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech and other companies use European consumer and corporate data …
More: 9to5Mac, Politico, The Verge, Council of the EU, Silicon Republic, Cointelegraph, RTÉ, Tech Xplore, CoinDesk, and Livemint
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