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June 5, 2024, 1:40 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 …
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 …
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
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
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
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”
Tom Warren / The Verge:
Google is acquiring software virtualization company Cameyo to deeply integrate virtualized Windows app support into ChromeOS, following a partnership last year  —  Google is acquiring software virtualization company Cameyo in a push to deeply integrate virtualized Windows app support into ChromeOS.
Paul Sawers / TechCrunch:
SAP plans to acquire Tel Aviv-based WalkMe, which helps users navigate other software UIs, for $1.5B in cash; WalkMe had raised ~$300M before its June 2021 IPO  —  Enterprise software giant SAP is acquiring “digital adoption” platform provider WalkMe in an all-cash transaction worth $1.5 billion.
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 …
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.
Yogita Khatri / The Block:
M^0, a decentralized stablecoin minting protocol, raised a $35M Series A led by Bain Capital Crypto; the round was structured as equity plus tokens  —  - M^0 has raised $35 million in Series A funding from Bain Capital Crypto, Galaxy Ventures, GSR and others.
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.
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 …

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 1:40 PM ET, June 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

Katie Deighton / Wall Street Journal:
WME is selling sports marketing agency 160over90 to Publicis Groupe for, sources say, $500M+; WME bought the agency in 2018 for about $200M

Variety:
Sources: the legal team for Paramount President Jeff Shell has engaged in preliminary talks about a possible exit from the company, where he was hired in 2024

Erik Wemple / New York Times:
Judges have now cited verbal attacks on the press by Trump and appointees when ruling against the US government in at least three cases involving news outlets

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
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
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

Earlier Picks

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
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
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
Zaheer Kachwala / Reuters:
Elon Musk says Tesla will likely spend $3B to $4B on Nvidia hardware in 2024 and that half of its formerly noted $10B AI-related capex will be on internal spend
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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