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February 8, 2024, 8:00 AM
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memeorandum
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| Foo Yun Chee / Reuters: |
Meta challenges the EU's DSA supervisory fee of 0.05% of Meta's annual net income that cover regulators' costs, disagreeing with how the fees are calculated — Meta Platforms (META.O) has challenged a supervisory fee amounting to .05% of its annual worldwide net income aimed …
More: TechCrunch, Hürriyet Daily News, Politico Pro, and Agence France-Presse
X: @ugambini, @schaldemosemep, and @gateklons
| Clothilde Goujard / Politico: |
TikTok joins Meta in challenging the EU's DSA in the General Court, arguing the levy is unfair as some firms pay nothing; Meta must pay €11M of the €45M total — Social media giants Meta and TikTok are suing the European Union over a levy that bankrolls the enforcement …
More: The Verge, Engadget, Bloomberg, European Commission, PCMag, and The Mac Security Blog
| Sarah Whitten / CNBC: |
Disney plans to invest $1.5B for a stake in Epic Games and collaborate on a new “universe” connected to Fortnite with content from Disney, Pixar, and more — - Disney is investing $1.5 billion for an equity stake in Epic Games in its biggest jump yet into the gaming world.
More: Fortnite on YouTube, The Verge, VentureBeat, Bloomberg, The Guardian, Silicon Republic, Telegraph, Business Wire, Axios, IGN, Video Games Chronicle, TechSpot, BeInCrypto, NBC 7 San Diego, TechRadar, Wccftech, Cryptonews, Crypto Daily, TweakTown, Associated Press, Push Square, GamingBolt, iClarified, Neowin, USA Today, Fast Company, PC Games Insider, Forbes, BetaNews, Appuals, Tom's Guide, NBC Bay Area, Press Start, PC Gamer, Windows Central, Liliputing, Pocket Gamer.biz, TechCrunch, GameSpot, Pure Xbox, iPhone in Canada Blog, Dexerto, MobileSyrup, The Information, GoNintendo, Dot Esports, Game Developer, TheGamer, Destructoid, GamesIndustry.biz, Polygon, Business Insider, Engadget, ComingSoon.net, Gematsu, Variety, and Deadline
X: @edzitron, @genepark, @deantak, @parkerortolani, @trungtphan, @mgsiegler, @fortnitegame, @sherman4949, @brianstelter, and @ballmatthew
LinkedIn: Emil Protalinski, Simon Heinzle, Yonatan Raz-Fridman, Stephen Saiz, Neil Duffy, David Zuo, Ben Board, and Jason Recher
Forums: Hacker News, r/PS5, r/Games, r/triangle, r/unrealengine, r/fuckepic, r/TwoBestFriendsPlay, r/kindafunny, r/entertainment, and r/news
| David Shepardson / Reuters: |
The US says OpenAI, Anthropic, Microsoft, Meta, Google, Apple, Amazon, Nvidia, Palantir, and over 200 others are joining the new AI Safety Institute Consortium — The Biden administration on Thursday said leading artificial intelligence companies are among more than 200 entities joining … | Josh Boak / Associated Press: |
The Biden administration names White House economic adviser Elizabeth Kelly to lead the NIST's newly formed AI Safety Institute to develop AI testing standards — The Biden administration on Wednesday named a top White House aide as the director of the newly established safety institute for artificial intelligence.
More: Benzinga, U.S. Department of Commerce, Cybernews.com, TIME, FedScoop, VentureBeat, and The Hill
| Martin Young / Cointelegraph: |
SEC filing: NYSE-listed Bakkt, a crypto trading platform backed by the Intercontinental Exchange, warns that it might not be able to stay in business in a year — The institutional digital asset trading platform unveiled in 2018 amid huge fanfare has just disclosed it “might not be able to continue as a going concern.”
More: Bakkt Holdings, Inc., crypto.news, CoinDesk, Decrypt, Inside Bitcoins, CCN.com, Crypto Daily, Crypto Briefing, Bakkt Holdings, Inc., Cryptonews, Milk Road, Coinpedia Fintech News, Watcher Guru, CoinGape, and Microsoft
X: @poordart, @adamscochran, @wublockchain, @ldrogen, @iamnomad, and @juthica
| Bill Toulas / BleepingComputer: |
The Danish data protection authority orders schools to stop sending student data to Google via Chromebooks and Workspace, after an over four year investigation — The Danish data protection authority (Datatilsynet) has issued an injunction regarding student data being funneled to Google through …
More: The Verge, Benzinga, The Privacy Dad's Blog, Cybernews.com, and NewsBytes
| Molly White / Citation Needed: |
In his new book, a16z GP Chris Dixon fails to identify a single blockchain project that has successfully provided a non-speculative service at any kind of scale — Prominent crypto venture capitalist Chris Dixon provides an unconvincing bible for blockchain solutionists. — 1×
Mastodon: @molly0xfff@hachyderm.io, @slightlyoff@toot.cafe, @carnage4life@mas.to, @johnallsopp@indieweb.social, @williampietri@sfba.social, @jimray@mastodon.social, @KevinMarks@xoxo.zone, @ben@werd.social, @timbray@cosocial.ca, @dangillmor@mastodon.social, and @molly0xfff@hachyderm.io
X: @danielgkuhn, @quinnypig, @quinnypig, @jackivaughan, @tomphilpott, @mattschaar, @molly0xfff, and @billywhizz1970. Forums: r/Buttcoin
| Sam Sabin / Axios: |
US, UK, Australia, Canada, and New Zealand advisory: China-backed hacking group Volt Typhoon has had access to some major US infrastructure for over five years — China-backed hackers have had access to some major U.S. critical infrastructure for “at least five years,” according to an intelligence advisory released Wednesday.
More: Cybersecurity …, Silicon Republic, Security Affairs, CNN, CSO, Bloomberg, PCMag, ITPro, iTnews, Cyber Daily, The Register, CRN, Nextgov/FCW, DeviceSecurity.io, SecurityWeek, TechCrunch, BleepingComputer, The Record, Reuters, CyberScoop, NBC News, and Engadget
X: @johnhultquist, @nsacyber, @cisajen, @jseldin, @dhsgov, @cisacyber, @ausambcybertech, @cisagov, @ncsc, @cybergovau, and @cisacyber. LinkedIn: Sam Sabin. Forums: r/cybersecurity
| Carl Franzen / VentureBeat: |
Microsoft updates Copilot with a redesigned look, a new AI model for Copilot's Balanced mode called Deucalion, and new AI image creation and editing features — In a startling move, Microsoft today announced a redesigned look for its Copilot AI search and chatbot experience on the web …
More: The Official Microsoft Blog, Microsoft on YouTube, The Verge, iPhone in Canada Blog, Windows Central, Tom's Guide, Windows Report, MSPoweruser, Cryptopolitan, TestingCatalog, BGR, TechRadar, Voicebot.ai, Neowin, Windows 11 Forum, TechCrunch, Engadget, Neowin, Thurrott, GeekWire, and 9to5Google
| The Information: |
Sources: OpenAI is developing two types of agent software: one to automate tasks by effectively taking over a user's device, and the other for web-based tasks — OpenAI's first major product, ChatGPT, proved so popular that it sparked a generation of wannabes.
More: Cryptopolitan, CoinGape, and Reuters
| Mishaal Rahman / Android Authority: |
A leaked image allegedly shows the Google Pixel Fold 2, including a narrower cover screen, a squarer inner screen aspect ratio, and redesigned camera bump — Here's a very early look at what could be Google's second-generation foldable phone. — • — TL;DR
More: Business Standard, T3, KnowTechie, BGR, HotHardware, TechRadar, TechEBlog, MySmartPrice, nextpit, Tom's Guide, GSMArena.com, Gizmodo, Appuals, MobileSyrup, Android Central, PhoneArena, Android Police, Droid Life, Digital Trends, Android Headlines, Wccftech, 9to5Google, ExtremeTech, Tech Advisor, and Root-Nation.com
| Reed Albergotti / Semafor: |
Q&A with Medium CEO Tony Stubblebine on Medium expecting to turn a profit in 2024, distribution, training LLMs, AI-generated content, media layoffs, and more — The Scene — Amid turmoil in the media industry, online publishing platform Medium expects to post its first profit around the middle of this year.
X: @nbj914, @semaforben, @te_rowley, @emilybell, @bigmeaninternet, and @seamushughes
| Kurt Wagner / Bloomberg: |
Battle for the Bird book excerpt: how Jack Dorsey's plan to get Elon Musk to save Twitter failed, as Musk dismantled the company after taking over, and more — An excerpt from Battle for the Bird shows how Twitter's two most prominent leaders contributed to its current dilemma.| Reuters: |
AI data security company Cohesity agrees to acquire the data protection unit of multi-cloud data management company Veritas, valuing the combined entity at $7B — SoftBank Group (9984.T) -backed Cohesity told Reuters on Wednesday it agreed to acquire the data protection business … | Reuters: |
Arm reports Q3 revenue up 14% YoY to $824M, vs. $761.6M est., and forecasts Q4 sales and adjusted profit above expectations; ARM jumps 21%+ — Arm Holdings on Wednesday forecast fiscal fourth-quarter sales and adjusted profit above Wall Street expectations as customers aim to design new chips … | Bloomberg: |
SoftBank reports Q3 net profit of $6.4B, after four quarters of losses, lifted by a T-Mobile US shares windfall; the Vision Fund unit reported a ~$2.85B gain — - Investor logs first profit in five quarters on T-Mobile stake — Vision Funds turn profitable, helped by TikTok owner ByteDance| Sarah Jacob / Bloomberg: |
Amsterdam-based payments giant Adyen reports H2 2023 net revenue up 23% YoY to €887M and processed volume up 29% YoY to €544.1B; ADYEN.AS jumps 22%+ — Adyen staged a comeback after facing a record slowdown in revenue last year, which resulted in a stock meltdown.| Adnan Aamir / Nikkei Asia: |
Pakistan suspended mobile services across the country as voters went to the polls on February 8; the Interior Ministry cited a deteriorating security situation — Outages in name of security fuel suspicion over polls' legitimacy — Poll workers walk past police officers outside a voting station in Peshawar on Feb. 8.
More: The Guardian, TechCrunch, Al Jazeera, Telegraph, BBC, Reuters, Bloomberg, Livemint, and The Intercept
| Michelle Nichols / Reuters: |
The UN is probing 58 suspected cyberattacks worth ~$3B by North Korea on crypto companies; the stolen crypto allegedly helped fund the country's nuclear weapons — United Nations sanctions monitors are investigating dozens of suspected cyberattacks by North Korea that raked in $3 billion …
Forums: r/Buttcoin
| Kara Swisher / New York Magazine: |
An excerpt from Kara Swisher's upcoming book, Burn Book: covering digital media in the '90s, Facebook and Google becoming information gatekeepers, and more — My front-row seat to a slow-moving catastrophe. — In the early 1990s, I was a reporter at the Washington Post.
More: The Overspill. Threads: @laurengoode and @crumbler
X: @corbinbolies, @katzish, @nymag, @robleathern, @dwhate, @benmullin, @karaswisher, and @olifranklin. Forums: Beehaw
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