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April 17, 2024, 12:27 AM
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Top News

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 …
Rob Golum / Bloomberg:
Filing: Take-Two plans to lay off 5% of its workforce, expecting to incur up to $200M in charges as part of the downsizing, including $140M from canceled titles  —  The company sees expenses of up to $200 million as part of the effort, including as much as $140 million from canceled projects …
Priya Anand / Bloomberg:
Sensor Tower: Naval Ravikant and Brian Norgard's audio-focused invitation-only social app Airchat has been downloaded 30K+ times since it relaunched this month  —  - The app feels like a combination of voice notes and Twitter  — Invite-only Airchat has won over VCs and early adopters
Dell Cameron / Wired:
The Senate is set to vote on RISAA, which reauthorizes FISA's Section 702 and could force new types of businesses to eavesdrop on Americans without a warrant  —  A controversial bill reauthorizing the Section 702 spy program may force whole new categories of businesses to eavesdrop …
Natasha Lomas / TechCrunch:
Apple debuts web distribution of iOS apps to EU users, allowing qualifying devs who opt in to its Core Technology Fee to offer direct downloads from their sites  —  Apple is opening up web distribution for iOS apps targeting users in the European Union from today.
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 …
Lizette Chapman / Bloomberg:
Andreessen Horowitz raised $7.2B, including $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.
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

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About This Page

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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

Ellise Shafer / Variety:
Memo: the BBC says it will cut 550 jobs including in its news and content divisions by the start of FY 2027-2028 in the first phase of a plan to save $670M

Thomas Escritt / Bloomberg:
Viktor Orban's media empire collapses two months after his election defeat; about 400 journalists at Mediaworks outlets have been given notices of termination

The Colorado Sun:
The owner of The Denver Post agreed to pay the city of Denver $13.5M under a settlement to cover overdue rent for the news outlet's former building

More News

PA Media:
The UK proposes legislation to outlaw creating sexually explicit deepfake photos without consent, regardless of whether creators intended to share the images
Todd Spangler / Variety:
TikTok and ticketing provider AXS sign a deal to let users buy tickets to live events in the US, the UK, and more; TikTok has had a Ticketmaster deal since 2022
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
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”

Earlier Picks

Jane Lanhee Lee / Bloomberg:
AI chip developer Rivos, which recently settled with Apple over trade secret theft, raised $250M+ led by Matrix to compete with Nvidia using its RISC-V chips
Vittoria Elliott / Wired:
Meta's Oversight Board plans to investigate two deepfake porn cases involving unnamed celebrities who had their images altered to create explicit content
Benjamin Sandofsky / Sandofsky:
How Humane's attempt to build its Ai Pin “The Apple Way” led to disastrous results, after taking six years to build it and raising $230M
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
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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