| The Walt Disney Company: |
Disney plans to acquire NBCU's 33% stake in Hulu, gaining full ownership, and expects to pay ~$8.61B, representing NBCU's share of a $27.5B guaranteed floor — The Walt Disney Company (NYSE: DIS) announced today that it will acquire the 33% stake in Hulu, LLC held by Comcast Corp.'s (NASDAQ … | Khari Johnson / Wired: |
The OMB releases draft rules that require US federal agencies to monitor AI in health care, law enforcement, and housing for potential harms against citizens — Draft rules from the White House would require federal agencies to assess AI systems currently in use in law enforcement … | Ingrid Lunden / TechCrunch: |
At the UK's AI Safety Summit, the UK releases the Bletchley Declaration, signed by 28 countries and the EU, and the US announces an AI Safety Institute — The world is locked in a race, and competition, over dominance in AI, but today, a few of them appeared to come together … | CoinDesk: |
The US SEC charges SafeMoon and its executives for selling unregistered crypto securities and misappropriating investors' funds the team promised were “locked” — Crypto company SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M … | Joe Duball / IAPP: |
The EDPB instructs the Irish DPC to ban Meta's use of personal data for behavioral ads across the EU member states and EEA countries within two weeks — An unprecedented shakeup in the advertising technology space has arrived in Europe. Changes are coming to adtech's approach to privacy … | Filipe Espósito / 9to5Mac: |
Apple quietly discontinued Apple Music's $4.99/month Voice Plan, introduced in 2021 to let users access the Apple Music catalog exclusively via Siri — Apple this week held a special event to announce new Macs, but what the company didn't tell is that it has just quietly discontinued the … | Amanda Chicago Lewis / The Verge: |
A critical look at the SEO industry: users complain that Google isn't as useful anymore, some SEO experts say gaming Google's algorithm is now harder, and more — As the public begins to believe Google isn't as useful anymore, what happens to the cottage industry of search engine optimization experts … | Leah Nylen / Bloomberg: |
US v. Google: Google's VP of Search Elizabeth Reid disputes the government's contention that Google “rushed” Bard's launch after Microsoft announced Bing Chat — - Chatbot offered wrong answer on James Webb telescope images — Elizabeth Reid testified about AI efforts at antitrust trial| Theo Wayt / The Information: |
Flexport acquires the tech stack of shuttered digital freight startup Convoy; a source says Convoy CEO Dan Lewis will join Flexport as part of the deal — Flexport has reached a deal to buy the technology of shuttered trucking startup Convoy, as Flexport doubles down on its U.S. trucking ambitions … | Jennifer Pattison Tuohy / The Verge: |
DoorDash tests a prompt warning customers that orders with no tip ahead of time may take longer to get delivered, since drivers choose which orders to accept — DoorDash has added a pop-up in its app this week warning customers that orders with no tip might take longer to get delivered.| Ryan Browne / CNBC: |
The UK plans to invest £225M into Isambard-AI, an AI supercomputer 10x faster than the UK's current quickest machine, to be built by the University of Bristol — - The U.K. government said Wednesday that it will invest £225 million, or $273 million, into an AI supercomputer … | Brody Ford / Bloomberg: |
Intuit plans to shut down personal finance app Mint, which had 3.6M MAUs in 2021, on January 1, 2024, and is pushing users to Credit Karma, acquired in 2020 — - Credit Karma hopes to attract more high-score customers — Mint service had 3.6 million monthly active users in 2021| Financial Times: |
Sources: after burning through $7B in the past year, YMTC has had to raise billions of dollars in capital, as the Chinese chipmaker tries to adapt to US curbs — Memory chipmaker was running out of cash after a year of combating Washington's tighter controls| Reuters: |
Boeing investigates a cyber incident that impacted its parts and distribution business, days after LockBit announced stealing “a tremendous amount” of data — Boeing (BA.N), one of the world's largest defense and space contractors, said on Wednesday it was investigating … | Brian Steinberg / Variety: |
Shareholder letter: Netflix says its ad tier has 15M+ MAUs globally, accounting for ~30% of new sign-ups where it's available, and plans new ad formats for 2024 — Netflix is ready to use “The Crown,” “Squid Game” and other signature series to take ad dollars from rival streamers.| Taylor Soper / GeekWire: |
Chainguard, which helps companies secure their open-source software supply chain, raised a $61M Series B led by Spark Capital, taking its total funding to $116M — Chainguard, a Kirkland, Wash.-based cybersecurity startup, raised $61 million in a Series B round.
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| Sarah Perez / TechCrunch: |
| Worldcoin: |
| RT Watson / The Block: |
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| Sam Tobin / Reuters: |
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| Mark Gurman / Bloomberg: |