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Techmeme
June 29, 2024, 2:55 PM
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Top News

Paul Kiernan / Wall Street Journal:
The US finalizes rules requiring custodial crypto platforms to report user transaction info to the IRS; DeFi platforms are exempt amid fierce crypto lobbying  —  Treasury finalizes rules to deter crypto tax evasion—but softens them after industry lobbying push
Wired:
Filings and DOJ officials describe how a gang threatened, assaulted, and tortured 11 victims in likely the worst crypto-focused serial extortion case in the US  —  More than a dozen men threatened, assaulted, tortured, or kidnapped 11 victims in likely the worst-ever crypto-focused serial extortion case of its kind in the US.
Dallin Grimm / Tom's Hardware:
Hugging Face unveils Open LLM Leaderboard v2 that tests models across six benchmarks; Chinese models dominate the top 10 with Alibaba's Qwen taking the top spot  —  Optimizing LLMs to be good at specific tests backfires on Meta, Stability.  —  Hugging Face has released its second LLM leaderboard …
Jake Bleiberg / Bloomberg:
Source: Microsoft told over a dozen Texas agencies and public universities that their emails were exposed in the Russian hack of Microsoft, disclosed in January  —  - Company initially disclosed the cyberattack in January  — Some agencies say exposed emails related to routine matters
The Verge:
A look at the possible impact of SCOTUS overturning Chevron deference and curbing federal agencies' power on net neutrality, Big Tech regulation, and more  —  Since the New Deal era, the bulk of the functioning US government is the administrative state — think the acronym soup of agencies like the EPA, FCC, FTC, FDA, and so on.
Emanuel Maiberg / 404 Media:
A look at the disastrous launch of Stable Diffusion 3, which struggles to generate correct human anatomy, and concerns over the tool's new and different license  —  Stability AI botched the launch of its latest model, proving the Stable Diffusion community doesn't need the company that brought it to the world.
Nikhilesh De / CoinDesk:
A US judge rules that SEC charges against Binance, Binance.US, and CZ for violating federal securities laws can proceed, but dismisses secondary sales charges  —  A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.
Taylor Soper / GeekWire:
Amazon hires the CEO and co-founders of Adept, which builds AI agents that automate enterprise workflows, to join its AGI team and will use some of Adept's tech  —  Amazon is amping up its AI efforts by hiring executives from Adept, a San Francisco-based startup building “agents” that automate enterprise workflows.
Chandra Asmara / Bloomberg:
Indonesia's government declines to pay the $8M demanded by LockBit 3.0 for the ransomware attack that affected hundreds of ministries and public institutions  —  - The recovery will only be completed in mid-August: minister  —  Indonesia's parliament called the government to task …

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This is a Techmeme archive page. It shows how the site appeared at 2:55 PM ET, June 29, 2024.

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From Mediagazer

Katie Kilkenny / The Hollywood Reporter:
LA Mayor Karen Bass calls for a quick settlement of the antitrust lawsuit blocking Paramount's acquisition of WBD; WGAW says it is “disappointed” with Bass

Jennifer Jacobs / CBS News:
US officials discussed firing Stars & Stripes publisher Max Lederer ahead of his Sept. 30 retirement, which was provoked by differences with the Trump admin

Charlotte Klein / New York Magazine:
A look at upcoming changes to 60 Minutes under Nick Bilton, including making greater use of its archive and potentially turning interviews into podcasts

More News

Tom Warren / The Verge:
Microsoft Surface Laptop 7th Edition review: great native app performance but emulated apps can be more battery intensive, and AI features feel gimmicky
Foo Yun Chee / Reuters:
Margrethe Vestager says the EU is seeking information “to better understand” Google's deal with Samsung to pre-install Gemini Nano on certain Samsung devices

Earlier Picks

Sean Endicott / Windows Central:
Microsoft AI CEO Mustafa Suleyman says content on the open web is “freeware” that anyone can copy or use to reproduce, due to the fair use “social contract”
Nikhilesh De / CoinDesk:
The US SEC sues Consensys over its MetaMask service, alleging the wallet tool was an unregistered broker that “engaged in the offer and sale of securities”
Lawrence Abrams / BleepingComputer:
TeamViewer warns that its corporate environment was breached on June 26 and attributes the cyberattack to the Russian hacking group APT29, aka Midnight Blizzard
Tim Hardwick / MacRumors:
Apple launches the Vision Pro in mainland China, Hong Kong, Japan, and Singapore, the first time the device has been officially available outside of the US
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