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Techmeme
February 17, 2024, 3:30 PM
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Top News

Amy Or / Bloomberg:
Sources: Reddit signed a deal early in 2024, worth ~$60M on an annualized basis, allowing a large unnamed AI company to train its models on Reddit's content  —  - Social media firm agrees $60 million deal with AI company  — Reddit advised to seek at least $5 billion IPO valuation
New York Times:
Sources: OpenAI completed a deal valuing the startup at $80B or more, planning to let employees cash out their shares in a tender offer led by Thrive Capital  —  The A.I. start-up's valuation tripled in less than 10 months.  —  OpenAI has completed a deal that values the San Francisco …
Bloomberg:
Sources: the UK, the US, and other allies are working to provide Ukraine with thousands of new AI-enabled drones that could swarm Russian targets simultaneously  —  - Technology could help Ukraine overwhelm some Russian targets  — Germany's Scholz calls on EU allies to increase Ukraine aid
Alex Heath / The Verge:
Q&A with Figma CEO Dylan Field on managing the company after the failed sale to Adobe, maintaining culture, using the $1B breakup fee, expansion plans, and more  —  Figma has a billion dollars and big plans for expansion as it emerges from the acquisition with its ‘foot on the gas.’  —  Happy Friday.
Dell Cameron / Wired:
Sources: FISA's Section 702 bill was shelved over a rule that would end the government's ability to pay US firms for information rather than serving a warrant  —  A surprise disclosure of a national security threat by the House Intelligence chair was part of an effort to block legislation …
Allison Johnson / The Verge:
Google releases Android 15's first developer preview, with updates related to Android's Dynamic Performance Framework, privacy, the camera experience, and more  —  Our first official glimpse of Android 15 is here.  It includes a lot of under-the-hood tweaks to strengthen communication between hardware …
Washington Post:
How tech workers, spurred by geopolitical threats, are embracing battlefield tech; PitchBook: VCs invested $108B in defense tech companies between 2021 and 2023  —  After a decade of building the future, tech's new guard is going back to the American past — spurring a funding frenzy in defense technology
Andy Robinson / Video Games Chronicle:
Sources: Nintendo told game publishers the Switch 2's launch is delayed from late 2024 to Q1 2025; source: Nintendo needs more time to prepare its own games  —  That's according to Brazilian journalist Pedro Henrique Lutti Lippe, who claims in a new OX do Controle video that he received the information from five separate sources.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:30 PM ET, February 17, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Barbara Moens / Financial Times:
Sources: the EU is set to approve Paramount's $111B WBD takeover provided the company accepts certain remedies, the details of which are still being worked out

New York Times:
A profile of NFL reporter Dianna Russini, who resigned from The Athletic after photos of her with the coach of New England Patriots prompted an internal probe

Jonathan Abrams / New York Times:
Fox, Bravo, BET, and other major networks are embracing microdramas; Omdia says the short-form video format made $11B in global revenue in 2025

More News

Noam Scheiber / New York Times:
Court filing: Amazon claims the NLRB is unconstitutional, after the agency said Amazon illegally retaliated against workers; SpaceX has made a similar claim

Earlier Picks

RT Watson / The Block:
Yuga Labs acquires Kevin Rose's NFT startup Proof, and plans to fold Proof's NFT project Moonbirds into its gamefied, metaverse project Otherside
Susan Lazaruk / Vancouver Sun:
Canada's Civil Resolution Tribunal rules that Air Canada must give a passenger a retroactive discount, which was erroneously promised by the airline's chatbot
Bloomberg:
Sources: Masayoshi Son seeks up to $100B for an AI chip venture to rival Nvidia; one scenario involves $30B from SoftBank and $70B from Middle Eastern investors
William Gallagher / AppleInsider:
Epic plans to “start developing the Epic Games Store on iOS soon” and launch the store in 2024, thanks to the DMA, after Apple approved its developer account
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