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Techmeme
June 29, 2024, 3:20 PM
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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
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.
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.
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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About This Page

This is a Techmeme archive page. It shows how the site appeared at 3:20 PM ET, June 29, 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

Benjamin Mullin / New York Times:
Arkansas PBS severs ties with the PBS network, the first state public TV system to do so since Congress cut CPB funds, citing the annual $2M+ membership cost

Pamela McClintock / The Hollywood Reporter:
Disney's Zootopia 2 surpasses $1B at the global box office, the fastest PG-rated film to do so after just 17 days in release

Sam Roberts / New York Times:
Arthur L. Carter, who started a Connecticut newspaper in 1981, bought and sold The Nation, and founded the New York Observer in 1987, has died at 93

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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