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April 16, 2024, 12:15 PM
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Financial Times:
Microsoft invests $1.5B in Abu Dhabi-based AI startup G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will join G42's board  —  Agreement is latest move by US tech group to extend its reach into fast-growing sector  —  Microsoft has agreed to invest $1.5bn …
Bloomberg:
Sources: in 2023, Abu Dhabi's G42 and the US Commerce Department held talks that led to G42 agreeing to pare back its China presence to avoid punitive measures
Connor Jones / The Register:
UnitedHealth says the February ransomware attack on Change Healthcare cost the company $872M in Q1; another ransomware group appears to be extorting the company  —  First glimpse at attack financials reveals huge pain  —  UnitedHealth, parent company of ransomware-besieged Change Healthcare …
Raphael Satter / Reuters:
The Open Source Security Foundation and the OpenJS Foundation say the attempt to insert a secret backdoor into XZ Utils “may not be an isolated incident”  —  The recent attempt by an unknown actor to sabotage a widely used software program may have been one of several attempts …
Abner Li / 9to5Google:
YouTube strengthens its “enforcement on third-party apps” violating its ToS, “specifically ad-blocking apps”, leading to error messages and “buffering issues”  —  Following the ad blocker crackdown, YouTube is explicitly going after third-party …
Benjamin Sandofsky / Sandofsky:
A look at the failure of Humane's Ai Pin, which took six years to ship after raising $230M, including building the device “the Apple way” and raising too much  —  Why You Can't Build Apple with Venture Capital  —  An ex-Apple designer who went on to startup success once told me …
Vittoria Elliott / Wired:
Meta's Oversight Board plans to investigate two deepfake porn cases involving unnamed US celebrities who had their images altered to create explicit content  —  Social platforms have struggled to quickly remove deepfake porn depicting celebrities.  —  As AI tools become increasingly sophisticated …
The Guardian:
The UK announces legislation to outlaw making sexually explicit deepfake photos without consent, regardless of whether the creator intended to share the image  —  Offenders could face jail if image is widely shared under proposed amendment to criminal justice bill
Paul Alcorn / Tom's Hardware:
AMD unveils the Ryzen Pro 8040 series for business laptops and mobile workstations and the Ryzen Pro 8000 series for desktops, adding an NPU for AI processing  —  AMD is the first with a Pro desktop PC chip with an NPU for AI workloads.  —  AMD announced its Ryzen Pro portfolio today …
Natasha Lomas / TechCrunch:
Mozilla and CheckFirst: Apple, Google, Meta, and others' ad transparency efforts are a work in progress, months after the EU's DSA mandated a searchable library  —  Efforts by tech giants to be more transparent about the ads they run are — at very best — still a work in progress …
Jennifer A. Kingson / Axios:
Meta plans to launch a new education product for Quest that will let teachers access education apps for students ages 13+ and manage multiple headsets at once  —  - In time for the fall semester, it'll make available a suite of visually engrossing education apps that teachers can use with students ages 13+.
Foo Yun Chee / Reuters:
EU antitrust regulators are questioning Broadcom about changes to VMware's licensing conditions, following complaints from EU business users and a trade group  —  U.S. chipmaker Broadcom (AVGO.O) is being asked by EU antitrust regulators about changes to newly acquired cloud computing company …
David Pierce / The Verge:
Limitless unveils the $99 Limitless Pendant, a wearable AI gadget that transcribes meetings and provides real-time notes and summaries, shipping in August 2024  —  The Limitless Pendant doesn't exactly scream “AI.”  As Dan Siroker, the CEO of the company behind the new device …
Lizette Chapman / Bloomberg:
Andreessen Horowitz raised $7.2B, with $600M for American Dynamism, $3.75B for late-stage startups, and $600M for gaming, exceeding its target by ~4%  —  Andreessen Horowitz, one of Silicon Valley's biggest venture capital firms, has raised $7.2 billion in new funding — a sizable haul after a rocky period for the startup world.
Bloomberg:
Bain Capital agrees to sell UK payroll software company Zellis, acquired in 2017, to Apax Partners; sources say the deal values Zellis at ~£1.25B  —  - Apax said to fund deal with £450 million private credit loan  — Zellis counts Harrods and carmaker Jaguar among its customers
More: PYMNTS.com

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This is a Techmeme archive page. It shows how the site appeared at 12:15 PM ET, April 16, 2024.

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From Mediagazer

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

More News

Earlier Picks

Billy Perrigo / TIME:
Google's Jigsaw expands Perspective API, a set of ML tools that help moderators and researchers identify toxicity, with seven attributes, including nuance
Fred Lambert / Electrek:
Sources: Tesla is focused on building a giant Texas data center for its robotaxi project, now a top priority, after postponing work on a cheaper vehicle
Peter Kafka / Business Insider:
Impressions of Waymo's robotaxis after several rides: amazing tech that quickly feels “normal”, but the car failed to understand a traffic cop's hand signals
Brian Krebs / Krebs on Security:
CISA warns that locks from RealPage's Chirp Systems, reportedly on ~50K US dwellings, can be unlocked via a hack; Chirp was told in 2021 but has remained quiet
Stephen Nellis / Reuters:
Adobe says it is in the early stages of developing a way to let Premiere Pro users tap AI models from OpenAI, Runway, and Pika Labs to generate video
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