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May 31, 2024, 7:55 PM
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Top News

Owen Walker / Financial Times:
Hacking group ShinyHunters offers to sell alleged data of Santander staff and 30M customers; Santander warned on May 14 that a database had been compromised  —  ShinyHunters group is advertising data it says includes account details of 30mn customers  —  Hackers are offering to sell …
Brian Fung / CNN:
FCC ends the Affordable Connectivity Program, which helped low-income Americans afford internet service, after the House failed to approve additional funding  —  The Affordable Connectivity Program, which helped low-income Americans get online, is no more.  —  On Friday, the US government announced …
Axios:
The US Treasury Department plans to make the IRS' Direct File program permanent from the 2025 tax season and invites all states and Washington DC to participate  —  - Treasury announced earlier this month that more than 140,000 people participated in the Direct File pilot program …
Reuters:
Japanese crypto exchange DMM Bitcoin says it has lost 4,502.9 bitcoin, worth about $308M, in an “unauthorised leak”, and is investigating the incident  —  TOKYO, May 31 (Reuters) - Japan's cryptocurrency exchange DMM Bitcoin said on Friday that it had lost 4,502.9 bitcoin …
Michael Kan / PCMag:
Google plans to disable extensions built with the older Manifest V2 framework on June 3, beginning with users of Chrome's Beta, Dev, and Canary versions  —  The move begins with Chrome beta users on June 3, before a gradual phaseout of ‘Manifest V2’ extensions for all users in the coming months, which could impact uBlock Origin.
Ben Lovejoy / 9to5Mac:
Meta is notifying Instagram and Facebook EU users that it's using their data to train its AI models, and users can opt out, “if your objection is honoured”  —  If you use Instagram or Facebook, Meta is using your data to train its AI models.  The company uses posts as training material for its generative AI systems.
Emily Nicolle / Bloomberg:
Tether acquires a $100M stake in US-listed bitcoin miner Bitdeer owned by Chinese billionaire Jihan Wu, with an option to buy $50M more in shares within a year  —  - Bitcoin miner is owned by the Chinese billionaire Jihan Wu  — Bitdeer was previously in talks with private credit firms
Joseph Cox / 404 Media:
Filing: Ticketmaster confirms “unauthorized activity within a third-party cloud database”, after a hacking group advertised alleged data of 560M users for sale  —  Live Nation, the parent company of Ticketmaster, confirmed it found “unauthorized activity” within a cloud database …
Zheping Huang / Bloomberg:
Sources: TikTok pauses plans to launch its e-commerce business in major European markets to focus on growth in the US where it's fighting the divest-or-ban law  —  - ByteDance halts plan to roll out shopping from Spain to Italy  — Company aims to entrench itself in its most lucrative market
Devin Coldewey / TechCrunch:
Researchers claim that 2,107 US voters, mostly older, white Republican women, accounted for spreading 80% of the fake news on Twitter during the 2020 election  —  A pair of studies published Thursday in the journal Science offers evidence not only that misinformation on social media changes minds …
Counterpoint Research:
Global foldable phone shipments were up 49% YoY in Q1, marking its highest rate of increase in six quarters; Huawei led with a 35% share, overtaking Samsung  —  - Global foldable smartphone shipments were up 49% YoY in Q1 2024, driven by Huawei, HONOR and Motorola.
Winston Cho / The Hollywood Reporter:
Startup Fable Studio announces Showrunner, a streaming service that lets users watch AI-generated series and create their own series by writing prompts  —  Fable, the studio behind the viral AI-generated ‘South Park’ clips, has announced a streaming platform that allows users to create their own content.
Paul Sawers / TechCrunch:
The European Commission designates Temu as a “very large online platform” and says the company will have to comply with DSA rules by the end of September 2024  —  Temu, the super low-cost e-commerce marketplace owned by Chinese online retailer Pinduoduo, is to face …

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More News

Kurt Wagner / Bloomberg:
How Meta revamped Facebook's feed to show more posts from outside a person's network of friends and family, in a move to fight TikTok and win back younger users
Ben Thompson / Stratechery:
A look at the different approaches to AI integration and modularization taken by Google, AWS, Microsoft, Nvidia, Meta, and Databricks, and the implications

Earlier Picks

Forbes:
OpenAI is hiring research engineers to rebuild its robotics team; sources: the company plans to develop tech that robot makers will integrate into their systems
Abner Li / 9to5Google:
Google explains AI Overviews' viral mistakes and updates its systems, including “better detection for nonsensical queries” and limiting satire and humor content
Dan Fitzpatrick / Forbes:
OpenAI unveils ChatGPT Edu, an “affordable” version for universities, including GPT-4o access, custom GPT creation, and higher message limits than the free tier
Sarah Perez / TechCrunch:
Spotify creates a refund process for its discontinued Car Thing gadget, as consumers sue claiming Spotify misled them by selling a soon-to-be obsolete product
Gerrit De Vynck / Washington Post:
OpenAI disrupted five covert influence operations in the past three months that used its tools to try to manipulate public opinion or shape political outcomes
Kyle Wiggers / TechCrunch:
On X, Paul Graham says claims about YC firing Sam Altman are “not true”, and Altman left because he wanted to work full-time on OpenAI as its CEO
Jess Weatherbed / The Verge:
Google rolls out new features to Android, including editing sent messages in Google Messages, improvements to instant hotspot, a Google Home widget, and more
Mike Corder / Associated Press:
Europol says police in Germany, the UK, the US, and others took down botnets spreading ransomware via infected emails, arrested four, and seized 2,000+ domains
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