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April 5, 2024, 6:20 PM
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Top News

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 …
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:
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
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 …
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
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:
A look at Marissa Mayer's troubled startup Sunshine, which raised $20M, and its photo-sharing app Shine, which a source says had ~1K downloads on its first day
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’
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 …
Song Jung-a / Financial Times:
Samsung estimates Q1 operating profit up 931% YoY to ₩6.6T won ($4.9B) and sales up 11.4% YoY to ₩71T, as high memory chip prices imply the chip downturn's end
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 …
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 …
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.
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 6:20 PM ET, April 5, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Jasper Ward / Reuters:
Filing: a US judge dismisses with prejudice Trump's defamation lawsuit against Wall Street Journal regarding a birthday card to Jeffrey Epstein signed by Trump

Michael Savage / The Guardian:
Nigel Farage's regular Telegraph column is set to end; sources suggest Axel Springer terminated his contract, but others close to Farage claim he has resigned

Daniel Miller / Politico:
Gavin Newsom proposes expanding CA's film and TV tax credit to $1B+, including covering above-the-line talent, a year after more than doubling it to $750M

More News

Steven Levy / Wired:
Archetype, which is building AI models to help humans understand the data from sensors monitoring the physical world, launches with a $13M seed led by Venrock
Louise Matsakis / Wired:
How a TikTok whistleblower may have driven congressional concerns about the app despite working at TikTok for just six months and making improbable allegations

Earlier Picks

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
Ryan Browne / CNBC:
Coinbase says it was granted a restricted dealer license in Canada, meeting the country's strict crypto demands as it pushes to expand abroad amid SEC crackdown
Samantha Murphy Kelly / CNN:
Disney CEO Bob Iger says Disney+ will crack down on password sharing in June 2024 in some countries and more broadly in September 2024; Disney+ isn't profitable
Oliver Knight / CoinDesk:
Binance says it will stop support for Bitcoin NFTs on May 18 as it “streamlines” its offerings; Binance users won't be eligible for future Bitcoin NFT airdrops
Kyle Wiggers / TechCrunch:
OpenAI expands its Custom Model training program with “assisted fine-tuning”, letting organizations set up training data pipelines, evaluation systems, and more
Sam Kessler / CoinDesk:
Ripple plans to launch a stablecoin later in 2024 that is “100% backed by US dollar deposits, short-term US government Treasuries, and other cash equivalents”
Shirin Ghaffary / Bloomberg:
Cohere releases Command R+, an AI model for business customers the startup says performs competitively against OpenAI and others on “business-critical” tasks
Lauren Feiner / The Verge:
Google sues two alleged crypto scammers, accusing them of using its Play Store to offer fraudulent crypto trading and investment apps to steal users' money
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