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June 27, 2024, 9:55 AM
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Top News

Jay Peters / The Verge:
Google adds support for 110 new languages in Translate, up from 133 languages, in its largest expansion ever, aided by the company's PaLM 2 AI language model  —  Google is adding support for 110 new languages to Google Translate, the company announced on Thursday.
Aoyon Ashraf / CoinDesk:
Bitcoin falls after a wallet tagged to the US government moved ~3,940 BTC, worth ~$240M and originally seized from a Silk Road vendor, to Coinbase Prime  —  About 4k bitcoin had been seized from narcotics trafficker Banmeet Singh at his January 2024 trial.  —  Bitcoin (BTC) fell …
Sarah Wynn / The Block:
Coinbase files two lawsuits against the US SEC and the FDIC for not complying with FOIA requests; one FOIA request to the SEC concerns its views on ether  —  - Coinbase, which retained consultant firm History Associates Inc. to file the FOIA requests, took aim at the SEC and FDIC in lawsuits filed …
Dan Goodin / Ars Technica:
Progress Software discloses a critical vulnerability in MOVEit's SFTP module; hackers exploited a similar flaw in MOVEit in 2023 to breach almost 1,800 networks  —  A similar flaw last year left 1,800 networks breached.  Will the latest one be as potent?  —  A critical vulnerability …
Abner Li / 9to5Google:
Google announces faster Google Sheets calculations in Chrome and Edge browsers on desktop, doubling speeds for running formulas, creating pivot tables, and more  —  Google is touting significant speed improvements when performing calculations in Sheets on desktop Chrome and Edge.
Carmen Reinicke / Bloomberg:
Amazon reaches a $2T market valuation for the first time; its shares have whipsawed since the company's Q1 earnings and gained 27% so far this year  —  - Megacap joins Alphabet, Nvidia and more above key level  — Company's cloud unit posted biggest sales growth in a year
Katie Mettler / Washington Post:
The US DOJ indicts a Russian national, who remains at large, for his alleged involvement in the WhisperGate malware attack on Ukrainian systems in January 2022  —  A federal grand jury indicted Russian national Amin Stigal this week on allegations that he conspired with the Russian military …
Karissa Bell / Engadget:
Meta's Oversight Board says it issued 53 decisions in 2023 and that Meta has fully or partially implemented 75 out of 266 recommendations since January 2021  —  The board says it wants to weigh in on “demoted content” on Facebook and Instagram.  —  The Oversight Board has published …
Duncan Riley / SiliconANGLE:
KarmaCheck, which uses AI for conducting background checks and was founded by LinkedIn's Eric Ly, raised a $45M Series B, bringing total funding to $60M  —  Background checks, credentialing and compliance software company KarmaCheck Inc. today announced that it has raised $45 million …
More: Reuters
Kyle Wiggers / TechCrunch:
Orby AI, which is building generative AI agents to automate business workflows, raised a $30M Series A, sources say at a post-money valuation of $100M+  —  AI “agents” are generative AI models that can perform actions autonomously, like copying info from an email and pasting it into a spreadsheet …
More: SiliconANGLE
Bloomberg:
OpenAI's move to cut off API access to Chinese developers sets the stage for a Chinese industry shakeup and will accentuate the divide between China and the US  —  - Local AI services from Baidu to 01.AI tout discount offers  — The abrupt move sets the stage for a Chinese industry shakeup
Jay Peters / The Verge:
Figma debuts a major UI redesign, new generative AI tools, and a built-in slideshow feature, which is free in beta but will be a paid product at official launch  —  Figma is announcing a bunch of new features at its Config conference today, including a major UI redesign …
Financial Times:
Q&A with Beijing Academy of Artificial Intelligence's Zhang Hongjiang on becoming one of China's leading advocates for AI regulation, US export curbs, and more  —  One of China's leading advocates for artificial intelligence safeguards says international collaboration is key
The Information:
Slides shown to Chinese sellers: Amazon plans to launch a Temu-like section featuring cheap items that ship directly from China to overseas consumers  —  Amazon plans to launch a section on its shopping site featuring cheap items that ship directly to overseas consumers from warehouses in China …
Ingrid Lunden / TechCrunch:
Odaseva, which provides data protection services for large Salesforce customers, raised a $54M Series C, bringing its total funding to $90M  —  Cloud services continue to be a weak point for enterprises when it comes to security, so companies providing effective solutions to address this continue …
More: Odaseva
Ceylan Yeğinsu / New York Times:
Testing ChatGPT, Vacay, and Mindtrip to plan a Norway trip shows none were perfect, but the AI chatbots streamlined travel decisions complementing one another  —  Can artificial intelligence devise a bucket-list vacation that checks all the boxes: culture, nature, hotels and transportation?
More: TechCrunch
Joanna Chiu / Rest of World:
Citizen Lab: Microsoft censors its Bing translation service more extensively in China than its competitors like Baidu Translate and Tencent Machine Translation  —  New Citizen Lab study comes as U.S. lawmakers scrutinize Microsoft's willingness to comply with demands from Beijing.

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This is a Techmeme archive page. It shows how the site appeared at 9:55 AM ET, June 27, 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

Janko Roettgers / The Verge:
Apple TV relies on a few tentpole titles to draw audiences, like HBO did in the past, while Netflix uses its catalog size and algorithms to keep viewers engaged

Sara Fischer / Axios:
Disney study: the Toy Story franchise has driven $16B in total revenue for the company over 30 years; nearly half of the revenue was generated domestically

Sarah Rumpf / Mediaite:
The Washington Post faces a proposed class action lawsuit that claims the company covertly used surveillance pricing to charge loyal subscribers higher rates

More News

Cheyenne Ligon / CoinDesk:
Crypto investment app Abra and CEO William Barhydt settle with 25 US states for operating without proper licenses and will return up to $82.1M to US customers
Kate Knibbs / Wired:
Hands-on with Ray-Ban Meta's new AI translation feature, which is too rudimentary and buggy to be anything more than a novelty
More: Politico.  X: @waterslicer, @kedkorte, @andyorin, and @knibbs.  LinkedIn: Kate Knibbs.  Forums: r/technews

Earlier Picks

Kif Leswing / CNBC:
Micron reports Q3 revenue up 82% YoY to $6.81B, vs. $6.67B est., and forecasts Q4 revenue in line with estimates; MU drops 7%+ after hours
Zak Butler / The Keyword:
An overview of China's Dragonbridge multiyear disinfo campaign that uses AI-generated content and spans several social networks to target geopolitical rivals
Alex Sherman / CNBC:
A look at YouTube's growing dominance as Nielsen says it had ~10% of all viewership on connected and traditional TVs in the US in May, ahead of Netflix's 7.6%
Jason Koebler / 404 Media:
Researchers in Rabbit R1's jailbreaking community say Rabbit left critical API keys hardcoded in its code, which would let hackers use Rabbit's internal systems
Jessica Lyons / The Register:
Researchers: polyfill.io, which offers JavaScript polyfills, is being used to infect 100K+ websites with malware, after a Chinese CDN bought the domain in 2024
Chris Welch / The Verge:
Apple touts its device longevity in a white paper and says True Tone and battery health data will be available for third-party replacement parts later in 2024
Joseph Cox / 404 Media:
Sources: AU10TIX, an ID verification service that handles ID photos and is used by TikTok, Uber, X, and others, exposed admin credentials online for over a year
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