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June 12, 2024, 6:25 PM
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| Bloomberg: |
Terraform Labs and co-founder Do Kwon agree to pay $4.47B to resolve a US SEC lawsuit, after a jury in April found them liable for fraud following a civil trial — - Deal includes $204.3 million payment by founder Do Kwon — Terraform, Kwon found liable for fraud in April civil trial| Sean Michael Kerner / VentureBeat: |
Stability AI releases Stable Diffusion 3 Medium, intended to be a smaller yet capable model on consumer GPUs, with 2B parameters, compared to SD3 Large's 8B — Bigger isn't always better, especially when it comes to running generative AI models on commodity hardware.
More: Stability AI, Hugging Face, Decrypt, The Decoder, MSPoweruser, ZDNet, and VideoCardz.com
X: @emostaque, @replicate, @stabilityai, @mikeyanderson, and @fofrai
| Mariella Moon / Engadget: |
X says Likes are now private for everyone, meaning users are no longer able to see who liked someone else's post — Likes on the website will no longer cause PR crises for public figures. — Thanks to X showing what its users “like” on its platform, politicians and public personalities …
More: The Verge, CNET, PCMag, NBC News, Business Insider, The Register, Business Standard, Pocket-lint, iPhone in Canada Blog, TweakTown, Android Headlines, Thurrott, notes.kvibber.com, WinBuzzer, PhoneArena, Mashable, Silicon Republic, Neowin, Financial Express, International Business Times, GSMArena.com, Benzinga, Social Media Today, X, The i Paper, Quartz, and Gizmodo
Threads: @alex.stamos. X: @xeng, @elonmusk, @elonmusk, @scottpresler, @andr6wmale, @ecomarxi, @topherflorence, @dwaldenwrites, @x, @q_review, @paradox_ep, @_cckirby, @snazzylabs, @frict, @snazzylabs, @esatoshiclub, @torriangray, @quackity, @babydogecoin, @mad_max_997, @mrsslrss, @srirachachau, @sassafrass_84, @whitlockjason, @merrittk, @aalong64, @quantian1, @xeng, @alecrobbins, @stats_feed, @skyera1n, @castletongreene, and @xdevelopers
Forums: r/Destiny, r/technews, r/Fauxmoi, and r/EnoughMuskSpam
| Stephanie Palazzolo / The Information: |
Sources: OpenAI's annualized revenue has hit $3.4B, up from $1.6B in late 2023 and $1B last summer; $3.2B comes from subscriptions to its chatbots and API fees — OpenAI has more than doubled its annualized revenue to $3.4 billion in the past six months or so, OpenAI CEO Sam Altman has told staff … | Joseph Cox / 404 Media: |
A hacker says they breached Tile internal tools, including one for processing data for cops, and stole customer data like phone numbers, addresses, and Tile IDs — A hacker broke into systems used by Tile, the tracking company, then stole a wealth of customer data and had access to internal company tools.
More: The Verge, Engadget, BleepingComputer, How-To Geek, Android Authority, Tom's Guide, and BGR
Mastodon: @josephcox@infosec.exchange, @freakazoid@retro.social, @jasonkoebler@mastodon.social, and @evacide@hachyderm.io. Forums: r/privacy
| Andrew J. Hawkins / The Verge: |
Waymo updates the software on its 672 vehicles, after one unoccupied car collided with a telephone pole in Phoenix on May 21, marking Waymo's second recall ever — Waymo is issuing a voluntary software recall after one of its driverless vehicles collided with a telephone pole in Phoenix, Arizona, last month, the company said.
More: Gizmodo, Reuters, TechCrunch, The Robot Report, Mashable, and Engadget
Forums: Hacker News, r/waymo, r/SelfDrivingCars, and Slashdot
| Verne Kopytoff / Fortune: |
In an interview, OpenAI CTO Mira Murati responded to Elon Musk's denouncement of Apple's OpenAI deal, saying OpenAI cares deeply about user privacy and security — A top OpenAI executive defended her company against Elon Musk, a day after the billionaire CEO described the integration …
More: Los Angeles Times, 9to5Mac, Digital Trends, Inc.com, WinBuzzer, Quartz, Electrek, International Business Times, Benzinga, MSPoweruser, NewsBytes, The Verge, Gizchina, Bloomberg, CBC News, and Ars Technica
X: @elonmusk, @kyliebytes, @fortunempw, @fortunempw, @fortunempw, @fortunempw, @fortunempw, and @lexnfx
| Reed Albergotti / Semafor: |
AI search engine Perplexity says it was working on revenue-sharing deals with publishers when Forbes criticized it for misusing content from Forbes and others — The Scoop — Perplexity, the AI search startup that recently came under fire from Forbes for allegedly misusing its content …
More: TestingCatalog and Forbes
Threads: @miasato.2 and @crumbler
X: @youcaughtscott, @johnpaczkowski, @sidfix, @jason_koebler, @reedalbergotti, @mohapatrahemant, @ericnewcomer, @johnpaczkowski, @bcmerchant, @reedalbergotti, @reedalbergotti, @can, @william_fitz, @ericnewcomer, @dwhate, @johnpaczkowski, @semafor, @jason, @johnpaczkowski, @ericnewcomer, @jason, @johnpaczkowski, @dmitry140, @mattswider, @mattswider, and @campbell_brown. LinkedIn: Aravind Srinivas
| Arsheeya Bajwa / Reuters: |
Broadcom reports Q2 revenue up 43% YoY to $12.49B, vs. $12.01B est., raises FY 2024 revenue forecast, announces a 10:1 stock split; AVGO jumps 9%+ after hours — Tech conglomerate Broadcom (AVGO.O) raised its annual revenue forecast on Wednesday, betting on higher demand for its networking equipment … | Ina Fried / Axios: |
Former IBM and Xerox PARC engineer Lynn Conway, who helped shape the way chips are designed and undertook a gender transition in 1968, died on June 9 at age 86 — - In the 1970s, Conway helped author “Introduction to VLSI Systems,” a seminal book in the field of chip design that became …
More: Michigan Engineering News, Los Angeles Times, Andrea James, and (en)gender
Threads: @dana.rasmussen.co, @nixcraft, @gwendoesscience, @jokestress, @fallon_fox, and @metamutator
Mastodon: @BatsInLavender@hcommons …, @Aminorjourney@lgbtqia.space, @geographile@sfba.social, @fluffy@plush.city, @pleia2@floss.social, @christineburns@mastodon.green, @aeva@mastodon.gamedev.place, @misty@digipres.club, and @whalecoiner@indieweb.social
X: @stevesi, @inafried, @morganmpage, @cnorthwood, @radfemme74, @gbbranstetter, @jean__hardy, @mild_sunrise, @erininthemorn, @helresa, @umengineering, @quinnypig, @jobium, @mild_sunrise, @zjayres, @rstephensme, @natachakennedy, @rymb, @ihatejoelkim, @h_liyan, @rozkaveney, and @thecadanetwork. LinkedIn: Margaret Martonosi
| Ivan Mehta / TechCrunch: |
A list of apps that Apple “Sherlocked” at WWDC 2024, like 1Password and LastPass, call transcription apps like Truecaller, and custom emoji apps like Newji — Apple has been on a spree of late, announcing a host of new features for its various devices earlier this week at its Worldwide Developer Conference (WWDC).
More: 9to5Mac, Nieman Lab, Macworld, AppleInsider, How-To Geek, and Digital Trends
| Andrew Cunningham / Ars Technica: |
Apple developer documentation: macOS 15 Sequoia will let virtual machine users sign into iCloud and Apple ID-related services, which was previously not possible — It only works for macOS 15 guests on macOS 15 hosts, but it's a big improvement. — We've written before about Apple's handy …
More: Apple Developer, Apple Developer Documentation, OS X Daily, Daring Fireball, TechRadar, Six Colors, iMore, and MacRumors
Mastodon: @stroughtonsmith … and @chockenberry@mastodon.social
Forums: Hacker News, r/MacOSBeta, r/mac, Slashdot, and Ars OpenForum
| Ben Schoon / 9to5Google: |
YouTube plans to roll out its Thumbnail Test & Compare tool to all creators “in the coming weeks”, letting them test video thumbnails “evenly” across audiences — YouTube is preparing to roll out a new thumbnail testing feature to creators, which means you'll … | Christine Hall / TechCrunch: |
Canary Technologies, which offers tools for hotel guest management, raised a $50M Series C led by Insight Partners, bringing its total raised to nearly $100M — The hospitality industry is back, baby. And with it comes a chance for technology startups to not only help hotels streamline their operations …
More: FinSMEs, Canary Technologies, PhocusWire, and VC News Daily
X: @dflieb, @gokulr, @insightpartners, @ajhodls, @dflieb, @canary_tech, and @timsuzman
| Pew Research Center: |
A survey of 10,287 US adults on Facebook, Instagram, TikTok, and X: most see news content, but a minority says they are on the platform for news, except for X — X remains more of a news destination than other sites, but the vast majority of users on all four are seeing news-related content| Benjamin Hoffman / New York Times: |
Some people are using “slop” to describe low-grade AI material in social media, art, books, and more; the term emerged in reaction to AI art generators in 2022 — A new term has emerged to describe dubious A.I.-generated material. — You may not know exactly what “slop” means in relation to artificial intelligence.
More: The Information. X: @simonw, @benhoffmannyt, @simonw, @katienotopoulos, @seangraf, @palewire, @protectedpick, @arturskowronski, and @northwesterncs. Forums: Hacker News
| Kate Knibbs / Wired: |
Q&A with Jingna Zhang, the founder of anti-AI social platform Cara, about its focus on artists, having nearly 900K users, generative AI vs. creativity, and more — Artists are fleeing Meta's platforms over fears their work will be used to train AI. Photographer Jingna Zhang's Cara … | Nilay Patel / The Verge: |
Q&A with Cohere CEO Aidan Gomez on co-authoring the “Attention is all you need” paper at Google, focusing on the enterprise, AI not being a bubble, and more — Enterprise is the pathway to profit, Gomez says, but maybe don't ask it to do medicine quite yet.| Brody Ford / Bloomberg: |
Databricks launches AI/BI, a visualization tool to let users type questions about their data to build charts and graphs, competing with Microsoft and Salesforce — - New business tool integrates generative AI for faster results — Company last year acquired a maker of large language models
More: PYMNTS.com, SiliconANGLE, Databricks, WinBuzzer, AIM, Constellation Research, and TechCrunch
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