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July 25, 2024, 11:15 AM
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Samantha Cole / 404 Media:
Source and doc: Runway scraped thousands of videos from YouTube creators and brands, including Disney and VICE News, to train its Gen-3 AI video generation tool  —  A leaked internal document shows Runway's celebrated Gen-3 AI video generator collected thousands of YouTube videos and pirated movies for training data.
Foo Yun Chee / Reuters:
Sources: Meta is set to be hit with its first EU antitrust fine, which could be as much as 10% of its 2023 global revenue, for tying Marketplace and Facebook  —  Meta Platforms (META.O) is set to be hit in a few weeks with its first EU antitrust fine for tying classified advertisements service Marketplace …
X: @stokel
Zac Bowden / Windows Central:
Microsoft unveils Bing generative search, which shows LLM-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.
Emanuel Maiberg / 404 Media:
Reddit appears to be blocking search engines that don't rely on Google's indexing; Bing, DuckDuckGo, Mojeek, and others are not showing recent Reddit results  —  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 to prohibit “all crawling of their site”
Financial Times:
The UK FCA fines Coinbase £3.5M for providing payment services to 13K+ “high-risk” customers, in the agency's first enforcement action against a crypto company  —  Penalty for exchange's payments unit is first enforcement action by FCA against a crypto company
Akila Quinio / Financial Times:
Revolut secures a UK banking license, ending a more-than-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 …
Olivia Carville / Bloomberg:
Meta removes ~63K Instagram accounts used by sextortion scammers in Nigeria, along with ~7,200 Facebook accounts, Pages, and Groups linked to the Yahoo Boys  —  - Purge includes thousands of Groups offering sextortion ‘tips’  — One network of 20 criminals was running 2,500 fake accounts
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 shipped units 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 …
Ivan Mehta / TechCrunch:
After investigating how Meta handles explicit AI-generated images, the Oversight Board asks Meta to shift “derogatory” terminology to “non-consensual”, and more  —  Following investigations into how Meta handles AI-generated explicit images, the company's semi-independent observer body …
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 …
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
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
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 …
Todd Spangler / Variety:
The new Disney+, Hulu, and Max streaming bundle goes on sale in the US for $16.99 per month with ads and $29.99 per month without ads  —  Dragons, Jedis, Marvel and DC superheroes, Harry Potter, Disney princesses — and more from Disney and Warner Bros. Discovery — are now available to stream for a reduced monthly price.
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 …
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

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 11:15 AM ET, July 25, 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

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

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

More News

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
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

Earlier Picks

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
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
Shubham Sharma / VentureBeat:
Mistral announces Mistral Large 2, the new generation of its flagship model, with 123B parameters; commercial usage requires a separate license
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
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