| David McCabe / New York Times: |
Sources: the US DOJ will take the lead in investigating whether Nvidia has violated antitrust laws; the US FTC will lead the inquiries into OpenAI and Microsoft — The Justice Department and the Federal Trade Commission agreed to divide responsibility for investigating three major players in the artificial intelligence industry.| Wall Street Journal: |
Source and documents: the US FTC sent civil subpoenas to Microsoft and Inflection AI seeking information about how and why they negotiated their partnership — Commission has sent subpoenas to tech giant and startup, asking whether their partnership evaded required government review| Zac Bowden / Windows Central: |
After Microsoft eroded Windows users' trust with bad practices for years, Recall is a PR disaster, as users remain skeptical despite the company's assurances — The world is up-in-arms over Windows Recall, but why? It stems from Microsoft's seeming lack of care for Windows and its users.| New York Times: |
Sources: as the Ai Pin flopped, with just ~10K orders by early April, Humane started talking to HP about selling itself for $1B+; Humane has raised $240M — Days before gadget reviewers weighed in on the Humane Ai Pin, a futuristic wearable device powered by artificial intelligence … | Carl Franzen / VentureBeat: |
Adobe faces a backlash over its terms of service that say Adobe may access user content via “automated and manual methods” to improve its services and software — Adobe has been one of the leading legacy enterprise software companies to embrace generative AI and make it accessible … | Ivan Mehta / TechCrunch: |
Google partners with RapidSOS, a platform for emergency first responders, to let users contact 911 via RCS, from December and initially only in Google Messages — Google said today it is partnering with RapidSOS, a platform for emergency first responders, to enable users to contact 911 through RCS (Rich Messaging Service).| Amanda Silberling / TechCrunch: |
Cara, an artist-run, anti-AI social platform, grew from 40K to 650K users in the past week, as some Instagram artists leave over plans to train AI on user data — ‘Building a product is a bit like making art,’ said founder Jingna Zhang — Artists have finally had enough with Meta's predatory AI policies … | Mark Gurman / Bloomberg: |
| Rachel Graf / Bloomberg: |
A US federal court finds Mike Lynch not guilty of criminal charges that he duped HP into buying Autonomy for $11B in 2011; he lost a UK civil trial in 2022 — - Stunning victory at criminal trial follows loss in civil case — He's complained for years that he was scapegoated over merger| Sergiu Gatlan / BleepingComputer: |
The FBI urges LockBit ransomware victims to reach out after getting 7,000+ decryption keys to recover data for free; police seized 2,500+ keys in February 2024 — The FBI urges past victims of LockBit ransomware attacks to come forward after revealing that it has obtained … | Aaron Tilley / Wall Street Journal: |
Sources detail how Apple fell behind in the AI race: its AI team failing to collaborate with product teams, a lack of access to computing resources, and more — For those who saw them, the demonstrations inside Apple increase earlier this decade of a revamped Siri offered a showcase … | Caitlin Ostroff / Wall Street Journal: |
Robinhood plans to acquire crypto exchange Bitstamp for $200M, in a deal expected to close in H1 2025, and says Bitstamp would still operate under its own brand — Move comes a month after SEC notice of a potential lawsuit over the brokerage's crypto offerings| Anissa Gardizy / The Information: |
Sources: ByteDance has been renting Nvidia's GPUs from Oracle to bypass US sanctions; China Telecom and other Chinese companies also tried to use the loophole — The U.S. government forbids Nvidia from selling some of its most advanced artificial intelligence chips to customers in China.| Parikshit Mishra / CoinDesk: |
Core Scientific rejects CoreWeave's $5.75-per-share buyout offer from June 4, worth $1B+, saying the deal significantly undervalues the company — The board of Core Scientific rejected CoreWeave's offer to buy the miner for $5.75 per share. — Core Scientific (CORZ) … | Aisha Counts / Bloomberg: |
Meta plans WhatsApp features, including an AI-powered assistant for businesses in India and Singapore, and AI tools to create ads in English-speaking markets — - Assistant lets businesses chat with customers using AI — New features will roll out first in India and Singapore| Will Knight / Wired: |
OpenAI releases a research paper by its recently disbanded “superalignment” team on a method for reverse engineering the workings of AI models — Days after former employees said the company was being too reckless with its technology, OpenAI released a research paper on a method … | Forbes: |
A look at Eric Schmidt's White Stork, which sources say has poached employees from Apple, SpaceX, Google, and others to build AI-enabled military drones — With a widening roster of high profile talent poached from Apple, SpaceX and Google, the former Google CEO is piloting his drones in Menlo Park and Ukraine.| Jagmeet Singh / TechCrunch: |
Google rolls out its Gemini-powered note-taking assistant NotebookLM to 200+ new countries, including Brazil and India, and adds Slides and web URLs as sources — Google on Thursday said it is rolling out NotebookLM, its AI-powered note-taking assistant, to over 200 new countries … | Jess Weatherbed / The Verge: |
Discord adds new monetization features for developers and plans to halve the 30% platform fee to 15% for their first $1M in cumulative gross sales — Discord is introducing new tools and monetization features that aim to make it easier for app developers to make money by selling premium perks via storefronts on the platform.| Bloomberg: |
eBay emails customers to say the service will drop American Express cards as a payment option because of “unacceptably high” transaction fees, from August 17 — - Online marketplace calls Amex fees ‘unacceptably high’ — Change to take effect Aug. 17; Amex defends its fees| Wall Street Journal: |
A profile of ASML CEO Christophe Fouquet, a 51-year-old Frenchman who sources say supports global tech collaboration, as ASML starts to worry about geopolitics — ASML makes some of the most advanced chip-making machines. It must balance Western demands to curb China's access while keeping a foothold in a key market.| Olga Kharif / Bloomberg: |
Sources: Kraken seeks to raise $100M+ in a pre-IPO round; the crypto exchange's previous attempts to go public were thwarted in part by a dispute with the SEC — - Crypto exchange has talked about doing IPO for several years — Closely held exchange is engaged in a dispute with the SEC| Jason Schreier / Bloomberg: |
How Suicide Squad became the biggest video game flop of 2024 so far, including a tumultuous development and delayed release; WBD took a $200M loss on the game — After seven years of tumultuous development, Warner Bros. took a $200 million loss on the Rocksteady game| Manish Singh / TechCrunch: |
Amazon acquires Indian video streaming service MX Player's key assets from Times Internet, a source says valuing MX at <$100M, below its $500M valuation in 2019 — Amazon has agreed to acquire key assets of Indian video streaming service MX Player from the local media powerhouse Times Internet …
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| Emma Roth / The Verge: |
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| Kif Leswing / CNBC: |