Techmeme
April 5, 2024, 9:10 PM

Top News

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 …
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 …
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
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 …
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:
Matt Binder / Mashable:
X promoted a fake headline about Iran attacking Israel in its trending news section Explore, after Elon Musk said Explore shows customized news created by Grok  —  The AI-generated false headline was promoted by X in its official trending news section.  —  A shocking story was promoted on the …
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
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.
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’
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 …
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 …
Song Jung-a / Financial Times:

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More News

Raphael Satter / Reuters:
Allie Garfinkle / Fortune:
Steven Levy / Wired:
Natasha Lomas / TechCrunch:

Earlier Picks

Louise Matsakis / Wired:
Samantha Murphy Kelly / CNN:
Oliver Knight / CoinDesk:
Kyle Wiggers / TechCrunch:
Sam Kessler / CoinDesk:
Shirin Ghaffary / Bloomberg:
Lauren Feiner / The Verge: