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June 5, 2024, 12:45 PM
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Top News

Mark Gurman / Bloomberg:
A look at Apple's OpenAI deal before WWDC; sources say Apple plans to offer AI features as an opt-in service, and is working on two LLM-powered robotic devices  —  An OpenAI agreement is due to be announced at the Apple's developer conference next week.  —  When a 23-year-old Sam Altman took …
Shakeel Hashim / Transformer:
Former OpenAI researcher Leopold Aschenbrenner says he was fired in April 2024 for writing a memo to the board over concerns about OpenAI's security practices  —  Leopold Aschenbrenner also said he was interrogated about his team's “loyalty to the company”  —  Leopold Aschenbrenner …
Kevin Roose / New York Times:
Current and former OpenAI and Google DeepMind staff sign an open letter warning of a culture of recklessness and secrecy at “frontier AI companies”
Will Shanklin / Engadget:
Twitch says its Twitch Tier 1 subscriptions in the US will increase from $4.99 per month to $5.99 per month on July 11, the first price hike for US subscribers  —  Monthly Tier 1 memberships will go up by $1 in July.  —  Twitch is joining Spotify, Max, Peacock, Crunchyroll …
Bloomberg:
How a series of hacks, including a recent ransomware attack, show the challenges facing the UK's NHS, which employs 1.7M workers and cares for 68M UK residents  —  - Health care is the most-targeted industry for cyber extortion  — Latest attack targeted a “life-critical” supplier to UK's NHS
Joanna Stern / Wall Street Journal:
Apple plans to fix another Screen Time bug that lets kids visit X-rated websites; two researchers say they reported the bug to Apple in March and August 2021  —  Apple's Screen Time continues to be marred by bugs that let its youngest users circumvent parental controls
Nduka Orjinmo / Bloomberg:
In a letter, 16 Republican lawmakers accused Nigeria of taking Binance executive Tigran Gambaryan “hostage” and urged President Biden to help secure his release  —  - Tigran Gambaryan was detained on a trip to Nigeria in February  — Binance, Gambaryan face charges including aiding tax evasion
Joseph Cox / Wired:
An excerpt from the book Dark Wire, which details how the biggest FBI sting operation ran the Anøm encrypted phone network to catch criminals like “Microsoft”  —  When a drug kingpin named Microsoft tried to seize control of an encrypted phone company for criminals, he was playing right into its real owners' hands.
Simon Sharwood / The Register:
Australia's eSafety commissioner ends the legal action asking X to remove a video of a clergyman's stabbing; Musk labelled the action an assault on free speech  —  Australia's eSafety commissioner has ended legal action that aimed to compel social network X to take down a video depicting …
Paul Sawers / TechCrunch:
SAP plans to buy Tel Aviv-based WalkMe, which helps users navigate UIs of other software services, for $1.5B in cash; WalkMe raised $300M ahead of a 2021 IPO  —  Enterprise software giant SAP is acquiring “digital adoption” platform provider WalkMe in an all-cash transaction worth $1.5 billion.
Wall Street Journal:
Sources: Joe Benarroch, X's head of business operations and one of Linda Yaccarino's closest advisers, is leaving; his style rubbed colleagues the wrong way  —  X Corp. Chief Executive Linda Yaccarino's right-hand man and head of business operations, Joe Benarroch, is leaving the company, according to people familiar with the matter.
Frederic Lardinois / TechCrunch:
Tobiko, which offers a dbt-compatible data transformation service to help teams manage data, raised a $4.5M seed and $17.3M Series A led by Theory Ventures  —  Data transformation startup Tobiko may not be a household name yet, but you may have seen co-founder and CEO Tyson Mao on …
More: SiliconANGLE and Tobiko
Upmanyu Trivedi / Bloomberg:
The UK's Competition Appeal Tribunal rules that a class action lawsuit against Google over allegations of abusing its dominance in digital ads can proceed  —  London judges ruled a class action lawsuit to proceed against Google potentially seeking billions of pounds in damages over allegations …
Olivia Solon / Bloomberg:
How Uganda's government under President Yoweri Museveni has increasingly used the country's biometric identity system to target opponents and consolidate power  —  The East African country's identity card system has become integral to banking, voting — and targeting critics

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From Mediagazer

Ted Johnson / Deadline:
President Trump says that he will attend this year's White House Correspondents' Association dinner, marking the first time he will do so as president

CNBC:
Brendan Carr says Paramount's deal for WBD has “real consumer benefits” and is “cleaner” than Netflix's and that he expects it to be approved “pretty quickly”

Sarah Scire / Nieman Lab:
A.G. Sulzberger encourages listeners “to support any news organization that's dedicated to original reporting”, in his first ad running across most NYT podcasts

More News

Bloomberg:
Japanese crypto exchange DMM Bitcoin plans to raise ~$321M to buy back bitcoin and make users whole after an “unauthorized outflow” of 4,503 bitcoin on May 31
Saritha Rai / Bloomberg:
Twelve Labs, which provides foundational models to help users search and analyze troves of video, raised a $50M Series A co-led by NEA and Nvidia's NVentures
Emilia Terzon / ABC:
Australia's privacy regulator sues Medibank over an October 2022 data breach, accusing the health insurer of failing to protect the data of 9.7M customers
Samantha Murphy Kelly / CNN:
AT&T resolves an outage that prevented many customers from completing calls between carriers, and says 911 calls worked despite some locations warning otherwise

Earlier Picks

Mike Wheatley / SiliconANGLE:
Cisco introduces new AI products and services, including its Nexus HyperFabric AI clusters in partnership with Nvidia, and announces a $1B AI investment fund
MK Manoylov / The Block:
Filing: FTX argues it should pay the IRS a $200M priority tax claim and a $685M subordinated claim; the IRS said FTX owed $44B in taxes then revised it to $24B
Emily Bary / MarketWatch:
CrowdStrike reports Q1 revenue up 33% YoY to $921M, vs. $905M est., forecasts Q2 revenue above estimates, lifts its FY 2025 outlook; CRWD jumps 6%
Sourasis Bose / Reuters:
Apollo Global agrees to buy 49% equity interest in a joint venture related to Intel's Fab 34, under construction in Leixlip, Ireland, for $11B
Jordan Novet / CNBC:
Databricks plans to acquire Tabular, a data management startup that helps companies optimize data stored in the Apache Iceberg format and others, for $1B+
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