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March 19, 2024, 7:45 PM
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Top News

Dina Bass / Bloomberg:
Microsoft hires DeepMind co-founder Mustafa Suleyman to run consumer AI, reporting to Satya Nadella, and brings on most staff from his Inflection AI startup  —  Suleyman and his team will join from OpenAI rival Inflection AI  —  Microsoft Corp. has named Mustafa Suleyman head …
Inflection:
Inflection AI says co-founder Karén Simonyan will join Mustafa Suleyman at Microsoft AI, names Sean White as CEO, and plans to host Inflection-2.5 on Azure  —  From day one at Inflection, we've been driven by a simple mission: to create a personal intelligence for everyone.
Satya Nadella / The Official Microsoft Blog:
Microsoft says Mustafa Suleyman and Karén Simonyan are joining to form Microsoft AI, focused on Copilot and other consumer AI products; Suleyman will be CEO  —  Satya Nadella, Chief Executive Officer, shared the below communication today with Microsoft employees.
New York Times:
Inflection won't shut down Pi but will no longer focus on its consumer business, instead working with commercial customers to create, test, and tune AI systems
Alex Koller / CNBC:
In an interview, Jensen Huang estimates that Nvidia's GB200 Blackwell chip could cost $30,000 to $40,000 and that the R&D budget for the processor totaled ~$10B  —  - Nvidia stock closed up 1% on Tuesday, recovering from an earlier dip.  — CEO Jensen Huang announced the company's …
Harry McCracken / Fast Company:
An interview with Nvidia CEO Jensen Huang on how the company's early decisions led to its AI boom, why Nvidia's ubiquity will not be easy to replicate, and more  —  Nvidia's chips sparked the AI revolution.  Now it's in the business of putting the technology to work in an array of industries.
Kamila Wojciechowska / Android Authority:
Source: Google's Pixel 8a will have a 6.1" 120Hz OLED display, Tensor G3 chip, DisplayPort output support, and the same camera sensor as the Pixel 7a  —  The Pixel 8a's major upgrades will make it even more competitive, but raise further questions over the vanilla Pixel 8.
Emma Roth / The Verge:
In a brief demo, Meta shows how Threads could handle fediverse sharing, including waiting five minutes before sending a Threads post to the fediverse  —  Threads is coming to the fediverse — and we just got our first official look at how that might work from Meta itself.
Kate Irwin / PCMag:
Fitbit is working with Google Research to create an LLM based on Gemini to provide Fitbit mobile app users with personalized data and health recommendations  —  Google is training Gemini on health data, and it's creating a new AI model for the Fitbit app that can give advice tailored to your needs.
Michael Peel / Financial Times:
Google DeepMind debuts TacticAI, a prototype AI soccer tactician built with Premier League club Liverpool, using geometric deep learning on 7,176 corner kicks  —  Human experts prefer TacticAI's suggested positional improvements at corner kicks  —  Google DeepMind has developed …
Foo Yun Chee / Reuters:
EU DMA hearing: a Meta lawyer says Meta offered to cut its EU monthly subscription for Facebook and Instagram from €9.99 to €5.99 to address regulatory concerns  —  Meta Platforms (META.O) has offered to almost halve its monthly subscription fee for Facebook and Instagram to 5.99 euros …
Ashley Belanger / Ars Technica:
Users complain after Glassdoor started adding real names to profiles without explicit user consent; Glassdoor says it cross-populates data between its services  —  Anonymous review site Glassdoor now consults public sources to identify users.  —  Glassdoor, where employees go to leave anonymous reviews …
Shaurya Malwa / CoinDesk:
Solana memecoin SLERF raised $10M in a presale, hitting $1.7B in trading volume, but the developer claims to have mistakenly “burned” all the presale funds  —  “This is not a joke I really f****d up and im really sorry.  Was a simple mindless misclick when I was in the process of burning the the lp," the developer said
Adam James / The Block:
The US SEC says Genesis Global Capital agreed to a $21M civil penalty as part of a settlement over charges of offering unregistered securities via Gemini Earn  —  - Genesis Global Capital agreed to pay a $21 million civil penalty as part of a settlement over SEC charges.
Maxwell Zeff / Gizmodo:
Mark Zuckerberg says Threads is rolling out a “Trending now” page for users in the US, under the search bar in the mobile app  —  Threads users in the U.S. will start seeing a “Trending now” page on the platform starting Tuesday.  —  Threads users in the United States …
Sean Hollister / The Verge:
A look at Playtron, which raised a $10M seed to build a Linux-based, platform-agnostic gaming OS to replace Windows or SteamOS, starting with handheld consoles  —  The former CEO of Cyanogen has a plan for a platform-agnostic gaming operating system.
Echo Wang / Reuters:
Sources: Israeli cybersecurity company Cato Networks has hired underwriters for a US IPO as soon as early 2025; source: Cato is looking to raise more than $500M  —  Israeli cybersecurity firm Cato Networks, which was valued at more than $3 billion in a private funding round last year …
Lynn Doan / Bloomberg:
Filing: Reddit says Nokia on March 18 accused the company of infringing some of its patents, and is evaluating Nokia's claims ahead of its planned IPO this week  —  Nokia Technologies, the company's licensing business, sent Reddit a letter on Monday with the claims, and Reddit is evaluating them, according to a filing made Tuesday.
Cate Lawrence / Tech.eu:
Solaris, which lets companies offer their own financial services via APIs, raised a €96M Series F led by SBI Group, bringing its total funding to €450M+  —  Solarisbank is a Banking-as-a-Service platform that enables other companies to offer their own financial services via APIs.

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From Mediagazer

Jessica Toonkel / Wall Street Journal:
Sources: Paramount Global's board is considering replacing CEO Bob Bakish with an “Office of the CEO” made up of division heads on an interim basis

Jeff Jarvis / BuzzMachine:
The New York Times is broken, shown by its entitled, petulant reaction to Politico's report on its tense relationship with Biden

Andrew Marchand / The Athletic:
Sources: Amazon Prime Video has a framework deal for NBA broadcast rights for at least a decade, starting in 2025-26; ESPN/ABC is expected to keep the finals

More News

Kalkidan Yibeltal / BBC:
Ethiopia's central bank says “a glitch” let Commercial Bank clients withdraw more cash than was in their account for hours; local media says $40M+ was withdrawn
Bloomberg:
Sources: senior DOJ officials plan to hold closed-door Senate briefings on March 19 and 20 to advance a TikTok divestiture, as opposed to an outright US ban

Earlier Picks

Dean Takahashi / VentureBeat:
Unity's 2024 Gaming Report: the number of multiplatform games is up 40% since 2021, in-app ad revenue grew 26.7% YoY, 62% of studios use AI tools, and more
Barry Schwartz / Search Engine Land:
Google promotes Liz Reid to Head of Search and names Cheenu Venkatachary as the lead of Search quality and ranking, among other executive Search team changes
Sean Michael Kerner / VentureBeat:
Stability AI debuts Stable Video 3D, a generative AI tool built on its Stable Video Diffusion model, letting users generate 3D video from a text or image prompt
Clare Duffy / CNN:
YouTube now requires creators to label their realistic-looking videos made using AI, via an upload checklist; clearly unrealistic videos will not need a label
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