Techmeme
July 2, 2024, 10:10 AM

Top News

Lorenzo Franceschi-Bicchierai / TechCrunch:
Wise, Affirm, Mercury, and other companies say they're investigating how a recent ransomware attack by LockBit on Evolve Bank and Trust impacted their customers  —  The money transfer and fintech company Wise announced on Friday that some of its customers' personal data may have been stolen …
Aisha S Gani / Bloomberg:
Revolut's 2023 revenue almost doubled to £1.8B after interest income grew from £83M in 2022 to £500M; auditor BDO gave Revolut's accounts a clean bill of health  —  - UK fintech's interest income jumps sixfold to £500 million  — Auditor BDO gives financial accounts a clean bill of health
Lucian Constantin / CSO:
Qualys researchers say an OpenSSH flaw can let attackers remotely compromise servers and allow unauthenticated RCE as root; over 14M servers may be vulnerable  —  Researchers from Qualys say regreSSHion allows attackers to take over servers with 14 million potentially vulnerable OpenSSH instances identified.
Georg Szalai / The Hollywood Reporter:
Tubi launches in the UK with over 20K movies and TV episodes, featuring content from distributors including Disney, Lionsgate, NBCUniversal, and Sony Pictures  —  The ad-supported streamer now has more than 80 million monthly active users.  —  Tubi, the free advertising-supported streaming service owned …
Paresh Dave / Wired:
Some YouTube employees detail internal deliberations about content relating to the Israel-Hamas war and accuse the company of inconsistent moderation  —  Insiders have shared YouTube's playbook for handling the Gaza crisis.  They argue that it shows inconsistent enforcement.
Elizabeth Lopatto / The Verge:
The US SEC charges the parent company of Silvergate Bank and executives with misleading investors about its AML compliance strength; Silvergate settles for $50M  —  Silvergate Bank, once a cornerstone of the crypto financial world until its collapse in early 2023, defrauded its investors …
Bloomberg:
Sources: Northern Data is weighing a US IPO of its combined AI cloud computing and data center businesses at a valuation of up to $16B as early as in H1 2025  —  - Combined cloud, data center business could list on Nasdaq  — Company secured financing from Tether Group to buy chips
Ivan Mehta / TechCrunch:
Meta changes its “Made with AI” label to “AI info”, to indicate images were not necessarily created with AI but that AI editing tools may have been used  —  After Meta started tagging photos with a “Made with AI” label in May, photographers complained …
Sarah Perez / TechCrunch:
YouTube rolled out a policy change that will let people request the takedown of AI-generated or other synthetic content that simulates their face or voice  —  Meta is not the only company grappling with the rise in AI-generated content and how it affects its platform.

Sponsor Posts

Subquadratic:
Subquadratic: the LLM built for 12M-token reasoning  —  SubQ can reason across entire codebases and document sets in one pass with no RAG workarounds.  Read how SubQ 1.1 Small holds near-perfect retrieval out to 12M tokens.
Zoho:
Introducing Campus: The digital home for educational institutions  —  Every educational institution needs a place where students, teachers, and administrators can find one another, communicate …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Soxton:
Fast, affordable law for startups  —  Soxton automates startup legal so founders can move faster and sleep better.  We handle incorporation, advisor, employment and commercial contracts.  Join the waitlist for early access!

Featured Podcasts

Big Technology Podcast:
Anthropic's IPO Leak, OpenAI's Dots vs. Meta's Muse, Visual Turing Test
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Sources:
OpenAI's Dots lead on the future of ChatGPT
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
Subscribe to Sources.
Great Chat:
What does the tech industry owe San Francisco?
A podcast mostly about tech. Brought to you weekly by Angela Du, Sally Shin, Mac Bohannon, Helen Min, and Ashley Mayer.
Subscribe to Great Chat.
Uncapped with Jack Altman:
David George from a16z
Conversations with people I admire about things I'm genuinely interested in.
Subscribe to Uncapped with Jack Altman.
Channels with Peter Kafka:
David Ellison's Paramount-Warner Empire & The Fight That Comes Next
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
Subscribe to Channels with Peter Kafka.
Invest Like the Best:
Noah Shinn - Building Instinct: The Personal Agent
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
Subscribe to Invest Like the Best.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 10:10 AM ET, July 2, 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.

More News

Byron Kaye / Reuters:
Alexandra Sternlicht / Fortune:

Earlier Picks

Belle Lin / Wall Street Journal:
Ryan Browne / CNBC:
Foo Yun Chee / Reuters:
CBS News: