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July 25, 2024, 9:25 AM
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Emanuel Maiberg / 404 Media:
Reddit appears to be blocking search engines that don't rely on Google's indexing; Bing, DuckDuckGo, and others are not showing recent results from Reddit  —  DuckDuckGo, Bing, Mojeek, and other search engines are not returning full Reddit results any more.
Barry Schwartz / Search Engine Land:
Microsoft says Bing stopped crawling Reddit after Reddit updated its robots.txt file on July 1
Financial Times:
The UK's FCA fines Coinbase £3.5M for providing payment services to over 13,000 “high-risk” customers, in its first enforcement action against a crypto company  —  Penalty for exchange's payments unit is first enforcement action by FCA against a crypto company
Nick Robins-Early / The Guardian:
Insurer Parametrix estimates that the global outage sparked by CrowdStrike's faulty update will cost US Fortune 500 companies, excluding Microsoft, $5.4B  —  Banking and healthcare firms, major airlines expected to suffer most losses, according to insurer Parametrix
Zac Bowden / Windows Central:
Microsoft unveils Bing generative search, which shows AI-generated answers with the sources used to create them, currently available to a small subset of users  —  Bing will soon prioritize AI-generated answers alongside traditional search results.  —  When you purchase through links on our site, we may earn an affiliate commission.
Josh Eidelson / Bloomberg:
Around 500 World of Warcraft workers vote to unionize with the CWA, bringing the number of unionized US gaming employees at Microsoft to around 1,750  —  World of Warcraft workers have voted to unionize the popular video-game franchise, expanding organized labor's new foothold at Microsoft Corp. by around 500 employees.
Paul Alcorn / Tom's Hardware:
AMD delays its Zen 5 Ryzen 9000 launch, originally set for July, to August due to an unspecified quality issue, and pulls back all units shipped to replace them  —  AMD hits the brakes on its Zen 5-powered Ryzen 9000 processors.  —  AMD announced today that it has delayed its Zen 5 Ryzen 9000 launch due …
Olivia Carville / Bloomberg:
Meta removes ~63K Instagram accounts used by sextortion scammers in Nigeria, along with ~7,200 Facebook assets, including accounts linked to the Yahoo Boys  —  - Purge includes thousands of Groups offering sextortion ‘tips’  — One network of 20 criminals was running 2,500 fake accounts
Akila Quinio / Financial Times:
Revolut secures a preliminary UK banking license, ending a three-year long regulatory battle; the London-based fintech has ~9M UK customers and 45M+ globally  —  London-based fintech receives approval from regulators in boost to expansion plans  —  Revolut has secured a UK banking licence …
Ivan Mehta / TechCrunch:
After investigating how Meta handles AI-generated explicit images, Oversight Board asks Meta to use the terminology “non-consensual” over “derogatory”, and more  —  Following investigations into how Meta handles AI-generated explicit images, the company's semi-independent observer body …
Chance Miller / 9to5Mac:
Apple launches Apple Maps on the web in beta, available in English and compatible with Safari and Chrome on Mac and iPad, and Chrome and Edge on Windows PCs  —  Apple is bringing Apple Maps to the web for the first time.  In a press release today, the company announced that you can now access Apple Maps …
Shubham Sharma / VentureBeat:
Mistral announces Mistral Large 2, the new generation of its flagship model, with 123B parameters; commercial usage requires a separate license  —  The AI race is picking up pace like never before.  Following Meta's move just yesterday to launch its new open source Llama 3.1 …
Dana Hull / Bloomberg:
Elon Musk's poll asking if Tesla should invest $5B in xAI ends with 67.9% voting yes, after Musk said on Tesla's earnings call that he supported the idea  —  - CEO takes poll on whether EV maker should back his startup  — The two companies have intermingled on procurement, recruiting
Romain Dillet / TechCrunch:
Privacy-focused developer Proton debuts a self-custody bitcoin wallet, its first cryptocurrency product, initially available to early access users  —  When you think about it, Proton has always been a crypto company — cryptography, not cryptocurrency.  But the Switzerland-based company …
Jess Weatherbed / The Verge:
AltStore PAL now offers third-party iOS apps in the EU, starting with two torrenting apps, a social discovery app for dating, and a PC emulator  —  The first batch of third-party apps are making their way onto AltStore PAL, just over three months after the alternative iOS app marketplace first launched in the EU.
Justine Calma / The Verge:
A NASA-funded study of satellite data finds traffic-related N02 pollution spiked ~20% near ~150K large US warehouses, which have proliferated due to e-commerce  —  The data is in, and it shows a significant rise in air pollution where e-retailers build their warehouses …
Omkar Godbole / CoinDesk:
DefiLlama and Wintermute: the aggregate market cap of stablecoins crossed $164B for the first time since the collapse of Terra in May 2022; USDT is at $114.26B  —  Renewed expansion in stablecoins is bullish for the broader crypto market.  — Expansion of the stablecoin market is bullish for the broader crypto ecosystem.
Kyle Wiggers / TechCrunch:
Crunchbase: in H1 2024, generative AI startups raised $500M across 198 angel/seed deals, $8.7B across 39 early-stage deals, and $3.1B across 18 late-stage deals  —  Investments in generative AI startups — those that are creating AI-powered products to generate text, audio, video and more — aren't slowing down.
Brody Ford / Bloomberg:
ServiceNow President CJ Desai leaves the company after an internal probe found he violated company policy related to a US contract and an ex-Army CIO's hiring  —  - Company hired former Army CIO Iyer after $432 million contract  — Iyer, who headed public sector business, also resigned
TechCrunch:
Google debuts new Maps features in India to help users easily navigate though flyovers and narrow roads, says it built an AI model specifically for Indian roads  —  Google is adding a slew of new features to Google Maps in India as it seeks to become a one-stop-shop for navigation and travel in the country.

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From Mediagazer

Jeff Stein / NOTUS:
Former hedge fund manager Stanley Druckenmiller says he used AI to write a WSJ op-ed, likening it to using a calculator for math problems

Matthew Keys / TheDesk.net:
A federal appeals court sets aside an FCC notice that would have let political parties and joint fundraising committees qualify for lowest broadcast ad rates

Lucas Manfredi / The Wrap:
California AG Rob Bonta says settlement talks with Paramount could resume this week if it agrees to “stop leaking and stop misrepresenting through their leaks”

More News

Earlier Picks

Bloomberg:
IBM reports Q2 revenue up 2% YoY to $15.8B, vs. $15.6B est., and says bookings for AI consulting and software have exceeded $2B since mid-2023, vs. $1B in Q1
Alex Konrad / Forbes:
Airtable launches Cobuilder, which can generate apps from text prompts and match them to relevant data and customer information already stored within Airtable
Michael Peel / Financial Times:
Researchers suggest that using “synthetic” data, created by AI systems to train LLMs, could lead to the rapid degradation of AI models and a collapse over time
Politico:
Some in Silicon Valley hope Kamala Harris could provide a chance for a reset, after years of bipartisan criticism in Washington, DC, toward Big Tech companies
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