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April 6, 2024, 2:00 AM
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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
More: US Securities …, Reuters, The Guardian, Web3 is Going Just Great, Coinpedia Fintech News, CryptoPotato, Bitcoinist.com, CryptoSlate, CoinDesk, Blockworks, Cryptonews, CoinDesk, The Block, Financial Times, Cointelegraph, Milk Road, Watcher Guru, Wired, CoinGape, Decrypt, PYMNTS.com, crypto.news, and The Crypto Times
X: @zguz, @secgov, @web3isgreat, @fatmanterra, @greenpeace06_09, @ben_mckenzie, and @caspiancey. LinkedIn: Gurbir Grewal. Forums: r/ethtrader
| 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, The Verge, XDA Developers, Reuters, Bloomberg, Game Rant, MacSecurity.net, BGR, AppleInsider, New.blicio.us, Ars Technica, Android Authority, and SlashGear
Mastodon: @stroughtonsmith …, @simonbs@mastodon.social, @sandofsky@mastodon.social, @rileytestut@mastodon.social, @stroughtonsmith …, @zmk@snailedit.social, @rileytestut@mastodon.social, and @stroughtonsmith …
Forums: r/Games, r/SBCGaming, r/iphone, r/macgaming, r/jailbreak, r/apple, r/Delta_Emulator, r/emulation, Lobsters, and MacRumors Forums
| Bloomberg: |
FTC lawsuit filings: Instagram had ad 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: Meta, The Verge, PYMNTS.com, The Information, The Hill, Android Headlines, United States District Court for the District of Columbia, Variety, and Engadget
Threads: @williecubed, @chris, @jbillinson, @mostly.borrowed.ideas, @kurtwag8, and @masiosare
X: @jason_kint and @borrowed_ideas
| Peter Kafka / Business Insider: |
Court filings from FTC lawsuit against Meta show Instagram made $32.4B in ad revenue in 2021, which is more than YouTube's $28.8B in ad revenue that year — - Instagram generated $32.4 billion in ad revenue in 2021, making up 27% of Meta's total revenue. — Instagram's ad revenue … | South China Morning Post: |
Sources: ByteDance, which was directly involved in countering US efforts to ban TikTok in 2020, has let the US TikTok team lead the response this time around — - Beijing-based ByteDance has left the US TikTok team to lead its own response in countering legislation that would kick it out of domestic app stores, sources say| Matt Binder / Mashable: |
X promoted a fake headline about Iran attacking Israel on its Explore page, after Elon Musk promised “real-time customized news for you created by Grok AI” — The AI-generated false headline was promoted by X in its official trending news section.
More: TechCrunch. Threads: @hankgreen and @mattbinder
X: @elonmusk, @edzitron, @rvawonk, @brettredacted, @hasanthehun, and @zaleskiluke
Forums: Hacker News and r/Twitter
| The Information: |
Source: Jony Ive and Sam Altman's AI device startup is in funding talks with Emerson Collective and Thrive Capital; Ive wants to raise up to $1B in funding — A mysterious company started by former Apple designer Jony Ive and OpenAI CEO Sam Altman to launch an artificial intelligence-powered personal device …
More: MacRumors, AppleInsider, and Notebookcheck
X: @parkerortolani, @thekenyeung, @amir, and @steven_strauss
Forums: r/singularity and MacRumors Forums
| Bill Toulas / BleepingComputer: |
Researchers detail how hackers use hijacked Facebook pages to push ads promoting fake AI services to spread malware; a fake Midjourney page had 1.2M followers — Hackers are using Facebook advertisements and hijacked pages to promote fake Artificial Intelligence services, such as MidJourney … | 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, CNET, The Verge, Oversight Board, Benzinga, Social Media Today, The Hill, Reuters, iPhone in Canada Blog, Neowin, Maginative, PYMNTS.com, MSPoweruser, CBS News, Android Headlines, The National, TechCrunch, UPI, Washington Post, ZDNet, Ars Technica, Lifewire, Engadget, The Hill, Tech Xplore, Bloomberg, The Decoder, and CGTN
Threads: @mattnavarra. X: @metanewsroom, @whotargetsme, @oversightboard, @oversightboard, and @nighatdad. LinkedIn: Ricardo Dalmaso Marques
| Alex Kantrowitz / Big Technology: |
Google, Yahoo, Perplexity, and other search companies are working on understanding user intent to decide whether to show generative AI answers or just links — Yahoo is one of the most visited websites on the planet. It's the most popular news site in the U.S., with more than 3 billion visits each month.
More: WinBuzzer, Near Media, CoinGape, and BBC
| Financial Times: |
Sources say Sundar Pichai is more involved in decisions about Google's AI products, but some worry this involvement can be a distraction from his duties as CEO — The Silicon Valley group has stumbled in the rollout of generative AI. Insiders say cultural and organisational issues are to blame| Anna Heim / TechCrunch: |
Belgium-based Robovision, which offers AI-based no-code computer vision tools to businesses, raised a $42M Series A co-led by Astanor Ventures and Target Global — Faced with labor shortages, sectors such as manufacturing and agriculture are increasingly adopting AI in their automation.
More: Sifted and Target Global
LinkedIn: Target Global, Thomas Van den Driessche, Red River West, Jonathan Berte, and Robovision
| 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.
More: New York Post, Platformer, and Business Insider
X: @gergelyorosz, @thomasbcn, @gergelyorosz, and @championswimmer
| 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, New York Post, KXAN Austin, PCMag, and Bloomberg
| Song Jung-a / Financial Times: |
More: Samsung Newsroom, PhoneArena, CNBC, ZDNet, SamNews 24, Android Headlines, Benzinga, MSPoweruser, Barron's Online, SamMobile, Reuters, Cryptopolitan, GSMArena.com, TradingView, Reuters, Korea Joongang Daily, The Chosun Daily, BBC, Nikkei Asia, Bloomberg, and KED Global. Forums: r/korea
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Sources:
Robinhood's CEO on letting AI trade your money
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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