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Techmeme
March 11, 2024, 3:50 PM
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Kashmir Hill / New York Times:
GM, Honda, Kia, Hyundai, others have added features in their mobile apps to rate driving skills, then sent the data to brokers; some saw insurance payments jump  —  LexisNexis, which generates consumer risk profiles for the insurers, knew about every trip G.M. drivers had taken in their cars …
Emma Roth / The Verge:
Airbnb will no longer let hosts use indoor security cameras, staring April 30, citing renters' privacy; previously, cameras in common areas had been allowed  —  Airbnb will no longer allow hosts to use indoor security cameras, regardless of where they're placed or what they're used for.
Jonathan Vanian / CNBC:
Filing: Reddit aims to raise up to $748M in its IPO, selling ~22M shares at $31 to $34 each, for a ~$6.5B valuation; Reddit set aside 1.76M shares for its users  —  - Reddit aims to raise up to $748 million as part of its upcoming IPO, according to a corporate filing on Monday.
Foo Yun Chee / Reuters:
EU privacy watchdog EDPS says the European Commission using Microsoft 365 breached privacy rules and the EU didn't implement adequate data transfer safeguards  —  The European Commission's use of Microsoft (MSFT.O) software breached EU privacy rules and the bloc's executive also failed …
Fortune:
Sources: a16z Crypto made a secret $100M investment in Kickstarter in 2021 that let staff and investors cash out and led to its later-abandoned blockchain pivot  —  In early December 2021, employees at the crowdfunding startup Kickstarter got news of a windfall: An investor group wanted to buy some of their shares.
Jonathan Stempel / Reuters:
Authors Brian Keene, Abdi Nazemian, and Stewart O'Nan sue Nvidia over allegedly using their work to train NeMo, saying the company “admitted” to using the books  —  Nvidia (NVDA.O), whose chips power artificial intelligence, has been sued by three authors who said it used …
Hannah Murphy / Financial Times:
Pavel Durov says Telegram has 900M users, aims “to become profitable next year, if not this year”, was “offered $30B+ valuations” by VCs, and is weighing an IPO  —  In rare interview, Pavel Durov says secretive messaging app is making ‘hundreds of millions of dollars’ from ads business
Manish Singh / TechCrunch:
Elon Musk says xAI plans to open-source Grok this week; xAI released Grok in November 2023, offering access to “real-time” data via X's $16/month subscription  —  Elon Musk's AI startup xAI will open source Grok, its chatbot rivaling ChatGPT, this week, the entrepreneur said …
Lauren Goode / Wired:
Q&A with Yoel Roth, just named Match Group's head of trust and safety, 16 months after his public exit from Twitter following Elon Musk's acquisition  —  Yoel Roth suffered targeted harassment after quitting as top content cop at Elon Musk's Twitter.  Now he's head of trust and safety …

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This is a Techmeme archive page. It shows how the site appeared at 3:50 PM ET, March 11, 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

Lucas Shaw / Bloomberg:
Sources: ABC extended Jimmy Kimmel's deal until May 2027; the deal was reached months ago, but the announcement was delayed out of respect for Stephen Colbert

Ted Johnson / Deadline:
Trump attacks Paramount owners as “no better than the old ownership”, demanding an apology from 60 Minutes and Lesley Stahl for Marjorie Taylor Greene interview

Mark Kleinman / Sky News:
Source: Piers Morgan's YouTube-based venture Uncensored is raising £22.5M from The Raine Group, Theo Kyriakou, and others at a £97M pre-money valuation

More News

Earlier Picks

Mike Butcher / TechCrunch:
London-based Griffin Bank, which offers an API-driven banking-as-a-service platform, raised a $24M Series A extension, after a $13.5M Series A in June 2023
Gary Marcus / Marcus on AI:
Looking back at “Deep Learning is Hitting a Wall”, a 2022 article by Gary Marcus, ridiculed by many, and how a paradigm shift, not just scale, is needed for AGI
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