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April 5, 2024, 5:00 PM
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memeorandum
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| Bloomberg: |
A US jury finds Terraform Labs and Do Kwon liable for fraud in a US SEC lawsuit, boosting SEC's efforts to assert greater control over the crypto industry — - Terraform 2022 failure wiped out $40 billion in investor funds — Kwon criminal trial on hold over extradition from Montenegro| Ryan Heath / Axios: |
Meta plans to label a wider range of video, audio, and image content as “Made with AI” starting in May, following feedback from its independent Oversight Board — - The labels could be generated through self-disclosure when a user posts content, as a result of advice from fact-checkers …
More: Meta, The Verge, Oversight Board, Washington Post, TechCrunch, Agence France-Presse, ZDNet, Ars Technica, Neowin, Maginative, CBS News, MSPoweruser, iPhone in Canada Blog, Engadget, UPI, The Decoder, Bloomberg, The National, Lifewire, Android Headlines, The Hill, and CGTN
Threads: @mattnavarra. X: @nighatdad, @oversightboard, @oversightboard, and @metanewsroom. LinkedIn: Ricardo Dalmaso Marques
| Dan Milmo / The Guardian: |
Microsoft warns that China plans to disrupt US, South Korean, and Indian elections in 2024 with AI-generated content, after using Taiwan's election as a dry run — Beijing did a test run in Taiwan using AI-generated content to influence voters away from a pro-sovereignty candidate| Reed Albergotti / Semafor: |
Q&A with Marissa Mayer about her app development startup Sunshine, its new photo-sharing app Shine, the AI landscape, internet business models, and more — The Scene — About a week after Marissa Mayer's startup, app development company Sunshine, launched a new photo-sharing service, her co-founder Enrique Munoz Torres quit.| Platformer: |
More: Thurrott and Business Insider
Threads: @kylie.robison, @reporterzoe, @kylie.robison, and @crumbler
X: @mikeisaac, @mikeisaac, @carnage4life, @carnage4life, and @gergelyorosz. LinkedIn: Enrique Munoz Torres
| Filipe Espósito / 9to5Mac: |
Apple updates App Store guidelines, allowing game emulators for the first time globally, and letting music streaming apps in the EU link to external websites — After the EU commission fined Apple $2 billion and announced that it's not satisfied with the changes the company made to comply …
More: MacRumors, Bloomberg, AppleInsider, MacSecurity.net, SlashGear, and The Verge
Mastodon: @stroughtonsmith …, @rileytestut@mastodon.social, @stroughtonsmith …, @rileytestut@mastodon.social, and @zmk@snailedit.social. X: @dylanmcd8
Forums: Lobsters and MacRumors Forums
| Jackie Davalos / Bloomberg: |
OpenAI's COO says that ChatGPT Enterprise has 600K+ paying customers, up from ~150K in January, and 2024 will be “the year of adoption for AI in the enterprise” — - ChatGPT Enterprise now has more than 600,000 users signed up — COO says this ‘is going to be the year of adoption for AI’
More: The Verge, ZDNet, MSPoweruser, The Decoder, TechRadar, Android Headlines, Maginative, PYMNTS.com, and CryptoSlate. X: @kohntom
| Wall Street Journal: |
Sources: Samsung plans to more than double its total chip investment in Taylor, Texas, to ~$44B, a significant breakthrough for the US' chip manufacturing plans — South Korean firm plans to add a second semiconductor factory and advanced-packaging facility at its new hub outside Austin
More: Engadget, SiliconANGLE, New York Post, KXAN Austin, PCMag, and Bloomberg
| Song Jung-a / Financial Times: |
More: Samsung Newsroom, PhoneArena, CNBC, ZDNet, Reuters, SamMobile, MSPoweruser, Android Headlines, Benzinga, Barron's Online, Cryptopolitan, GSMArena.com, TradingView, Reuters, Korea Joongang Daily, The Chosun Daily, BBC, Bloomberg, Nikkei Asia, and KED Global. Forums: r/korea
| Bloomberg: |
Filings in FTC lawsuit: Instagram had revenues of $22B in 2020, or 26% of Meta's total revenue, $32.4B in 2021, or 27% of Meta's revenue, and $16.5B in H1 2022 — - Sales figures for the app released in FTC's antitrust lawsuit — Meta Platforms Inc. brought in almost 30% of its revenue …
More: The Verge, Meta, The Information, Engadget, and Variety
| Bloomberg: |
Sources: FTX's estate sold 25M to 30M locked-up SOL coins for $64 apiece, a deeply discounted price, to Galaxy Trading, Pantera, and others, raising up to $1.9B — - Galaxy raised $620 million fund to buy discounted SOL from FTX — Sales were done at big discount to SOL's current market price
More: The Block, CryptoPotato, Unchained, The Crypto Times, Fortune, CoinGape, Milk Road, crypto.news, and ZyCrypto
| Financial Times: |
Sources say Sundar Pichai is now making day-to-day decisions about adding generative AI to Google products even as some worry about his low-key leadership style — The Silicon Valley group has stumbled in the rollout of generative AI. Insiders say cultural and organisational issues are to blame| Reuters: |
A look at tech giants' AI training data deals; Defined.ai: some are ready to pay $1-$2 per image, $2-$4 per short video, and $100-$300 per hour of long video — At its peak in the early 2000s, Photobucket was the world's top image-hosting site. The media backbone for once-hot services …
More: Boing Boing. Mastodon: @tchambers@indieweb.social and @AAKL@noc.social
Forums: Hacker News and r/technews
| Manish Singh / TechCrunch: |
Amazon adds a store called Bazaar to its Android app in India, featuring affordable fashion and lifestyle products, to compete with Flipkart and Reliance's Ajio — Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products … | Allie Garfinkle / Fortune: |
Some investors say YC's winter 2024 batch was stronger than in previous years, noting consumer AI as a key trend; YC says ~50% of this batch is working with AI — As a devoted NBA fan, I only tune in to college basketball once a year—for March Madness—hoping to see the next big star.
More: TechCrunch, TechCrunch, and TechCrunch
X: @w_mir01, @lina_colucci, @shriyanevatia, @arigalbraith, @realrichomie, @dflieb, @daltonc, @ulricmusset, @kiwicopple, @paulg, @pritika_mehta, @eghosao, @rwbayer, @bayareawriter, @timsuzman, @maxbrodeururbas, @davejohnson, @anandbutani, @garrytan, @e_bruxxx, @mattturck, @thatguybg, @pitdesi, @mahaniok, @snowmaker, and @_aj
| Mark Gurman / Bloomberg: |
Filings: Apple laid off 600+ employees in California; some layoffs correspond to addresses where Apple's next-gen display and car teams were reportedly based — The Cupertino, California-based company filed eight separate reports to the state to comply with the Worker Adjustment and Retraining Notification, or WARN program.
More: 9to5Mac, CNBC, SiliconANGLE, The Hill, Moneycontrol, BBC, The Guardian, Engadget, Business Insider, Wall Street Journal, Gizmodo, Barron's Online, 9to5Mac, MacRumors, Entrepreneur, Silicon Valley Business …, The Register, Silicon UK, The Mac Observer, TipRanks Financial, iPhone in Canada Blog, Forbes, Fast Company, Boing Boing, 24/7 Wall St., New York Post, The Independent, Display Daily, iMore, Tech.co, The Economic Times, TechCentral.ie, TechCrunch, PYMNTS.com, Silicon Republic, Fox Business, City A.M., Cult of Mac, Business Today, Neowin, Irish Independent, SHINE, Channel NewsAsia, MacDailyNews, Business Post, PhoneArena, Hindustan Times, Benzinga, AppleInsider, Supercharged, The San Francisco Standard, The Verge, NewsBytes, Inc.com, and Yahoo Finance
Threads: @carnage4life. X: @9to5mac, @markgurman, @markgurman, @vadimyuryev, @whatthebit, and @markgurman. LinkedIn: William Lee
Forums: Hacker News and r/technology
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