Techmeme
March 21, 2024, 2:50 AM

Top News

Bloomberg:
Sources: the US DOJ is poised to sue Apple as soon as Thursday, accusing it of violating antitrust laws by blocking rivals from accessing iPhone features  —  - Lawsuit to be filed in federal court as soon as Thursday  — Case comes as iPhone maker also faces scrutiny in Europe
CNBC:
Reddit priced its IPO at $34 a share, the top of its expected range, bringing in $519M and valuing the company at about $6.5B  —  In this photo illustration a Reddit logo is seen displayed on a smartphone.  —  Reddit, the 19-year-old website that hosts millions of online forums …
Wall Street Journal:
Emily Mullin / Wired:
Neuralink shows its first brain implant patient, a 29-year-old man paralyzed from the shoulders down, playing online chess using the Neuralink device  —  In a livestream on X, the paralyzed 29-year-old man used his Neuralink brain implant to control a computer.
Ben Schoon / 9to5Google:
Epic plans to release the Epic Games Store on iOS and Android later this year, with the same terms as the ones for PC, including a 12% commission on sales  —  With plans to launch its own game store on iOS, it's now been announced that the Epic Games Store is coming to Android.
Financial Times:
The US awards Intel $8.5B in CHIPS Act funding and $11B in loans to expand in Arizona, Ohio, New Mexico, and Oregon; Intel plans to spend $100B over five years  —  Preliminary agreement under US Chips Act also includes $11bn loan as company expands capacity in Arizona and other states
Zephyr Teachout / The Atlantic:
The TikTok divestment bill fits into a long and important US tradition of forbidding a hostile foreign power from controlling a major communication platform  —  America has a long history of shielding infrastructure and communication platforms from foreign control.
Ashley Gold / Axios:
Krisztian Sandor / CoinDesk:
BlackRock unveils its first tokenized asset fund, BUIDL, built on the Ethereum network and fully backed by cash, US Treasury bills, and repurchase agreements  —  The asset management giant also made a strategic investment in asset tokenization company Securitize.
Bloomberg:
A UK jury finds Jian Wen guilty of laundering bitcoin for a Chinese fugitive allegedly behind a ~$6B fraud in China; police had seized BTC worth $2.2B+ in 2018  —  - Jury finds Jian Wen guilty on one count of money laundering  — Jian helped Chinese fugitive Zhimin Qian launder Bitcoin
Michael Kan / PCMag:
Canadian regulatory agency ISED clarifies its stance on banning Flipper Zero, saying the aim is to restrict the use of such devices “to legitimate actors only”  —  A Canadian regulatory agency says the aim is to restrict the Flipper Zero ‘to legitimate actors only.’  —  Michael Kan
Kate Knibbs / Wired:
Fairly Trained certifies KL3M, an LLM claimed to be built without the permissionless use of copyrighted materials by legal tech consultancy startup 273 Ventures  —  OpenAI claimed it's “impossible” to build good AI models without using copyrighted data.  An “ethically created” …
Yossi Matias / The Keyword:
In a research paper, Google Research details how AI enabled the company to provide accurate flood forecasting in over 80 countries up to seven days in advance  —  A paper published in Nature today shows how Google Research uses AI to accurately predict riverine flooding and help protect livelihoods …
Frederic Lardinois / TechCrunch:
GitHub releases code scanning autofix, powered by Copilot and CodeQL, in public beta for GitHub Advanced Security customers, to help them fix vulnerabilities  —  It's a bad day for bugs.  Earlier today, Sentry announced its AI Autofix feature for debugging production code and now …
David Gilbert / Wired:
X suspended accounts of some journalists and researchers who posted the alleged real name of neo-Nazi cartoonist Stonetoss after Stonetoss appealed to Elon Musk  —  Researchers and journalists have been blocked on X from sharing the alleged identity of the neo-Nazi cartoonist Stonetoss.
Tim Copeland / The Block:
A commit in Ethereum Foundation's GitHub repository shows the foundation has received a voluntary and confidential inquiry from an unspecified state authority  —  - The Ethereum Foundation has received a voluntary and confidential inquiry from an unspecified state authority, according to the foundation's GitHub repository.
NBC News:
Sources: after more than six months, the FBI has resumed limited outreach to some US tech companies about foreign propagandists using their platforms  —  The agency put the briefings on pause amid lawsuits and government scrutiny.  —  The FBI has resumed some of its efforts to share information …
Financial Times:
Court docs: Sachin Dev Duggal, the CEO of London-based Builder.ai that raised a $250M Series D in 2023, is a suspect in a money laundering probe in India  —  Court documents show Sachin Dev Duggal and Saurabh Dhoot face questions from authorities over past business dealings
Tim De Chant / TechCrunch:
Paris-based Greenly, whose carbon accounting software helps SMBs track their carbon emissions, raised a $52M Series B, and reports $10M+ in ARR in 2023  —  Plenty of major corporations have announced net-zero emissions targets.  And while that alone won't be enough to move the needle on climate change …

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Earlier Picks

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Camilla Hodgson / Financial Times:
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Bill Toulas / BleepingComputer: