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Techmeme
September 12, 2024, 10:54 AM
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Top News

Wesley Yin-Poole / IGN:
Memo: Microsoft lays off 650 staff from its gaming business, bringing the cuts in its gaming business to 2,550 jobs since acquiring Activision Blizzard in 2023  —  No games canceled or studios closed this time.  —  Microsoft is laying off a further 650 staff from its gaming business …
Dan Goodin / Ars Technica:
Researchers detail gaining the ability to generate counterfeit HTTPS certificates and more after buying an expired WHOIS server domain for the .mobi TLD for $20  —  .mobi top-level-domain managers changed the location of its WHOIS server.  No one got the memo.
Arasu Kannagi Basil / Reuters:
Mastercard agrees to acquire Recorded Future, which uses AI-based analytics to identify potential threats, from private equity firm Insight Partners for $2.65B  —  Mastercard (MA.N) has agreed to buy threat intelligence company Recorded Future from private equity firm Insight Partners for $2.65 billion …
Shaurya Malwa / CoinDesk:
Coinbase launches its wrapped bitcoin, cbBTC, on the Ethereum and Base networks, supported by various DeFi services for trading, lending, and as collateral  —  The token will initially be offered on Ethereum and Coinbase's Base networks, with plans to expand to more blockchains in the coming months.
Bloomberg:
Sources: OpenAI is in talks to raise $6.5B in equity financing at a $150B valuation, plus, a source says, $5B in debt from banks as a revolving credit facility  —  - Company set to raise $6.5 billion in equity financing  — Banks also in talks to issue startup $5 billion in debt
Sarah Emerson / Forbes:
Sources: Adam Neumann's Flowcarbon, which raised $70M in 2022 from a16z and others, is refunding investors after failing to launch its Goddess Nature Token  —  Flowcarbon secured millions of dollars in funding from investors like Andreessen Horowitz to merge carbon credits with the blockchain …
Ryan Browne / CNBC:
The UK gives data centers Critical National Infrastructure designation, enabling the government to coordinate better against hackers and unexpected cyber events  —  LONDON — The U.K. on Thursday said it now classes data centers as critical infrastructure, in a move that is expected …
Natasha Lomas / TechCrunch:
Ireland's DPC opens an investigation into Google's GDPR compliance over using the personal information of EU and EEA users for training foundation AI models  —  Google's lead privacy regulator in the European Union has opened an investigation into whether or not it has complied …
Debby Wu / Bloomberg:
Infineon says it has developed 300mm gallium nitride wafers, which can produce 2.3x more chips than 200mm wafers and speed their adoption for AI applications  —  - Chipmaker announces breakthrough in gallium nitride production  — Compound semiconductors can be more efficient than silicon
Aisha Malik / TechCrunch:
Google adds Audio Overview to NotebookLM, letting users turn documents into audio discussions with two AI hosts that summarize and explain the source material  —  Google announced on Wednesday that its AI note-taking and research app, NotebookLM, is adding a new “audio conversations” feature.
Lily Hay Newman / Wired:
A look at Apple's Private Cloud Compute for Apple Intelligence that Craig Federighi says allows user data to be “hermetically sealed inside of a privacy bubble”  —  Private Cloud Compute is an entirely new kind of infrastructure that, Apple's Craig Federighi tells WIRED …

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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

Ben Fritz / Wall Street Journal:
Amazon's Project Hail Mary opens to an estimated $80.5M in box office sales in the US and Canada and $60.4M internationally, marking its first box office hit

Wendy Davis / MediaPost:
A group of 75+ civil rights advocates, former FCC officials, and academics urges FCC Chair Brendan Carr to withdraw his threats to broadcasters' licenses

Wall Street Journal:
Sources: ABC could lose ~$50M in licensing costs to WBD and an estimated $35M in advertising revenue after abruptly pulling the new season of The Bachelorette

More News

Gian Volpicelli / Bloomberg:
A 397-page EC report, released shortly before the CJEU's verdicts against Apple and Google, says the EU's competition enforcement can be “harmful to innovation”

Earlier Picks

Todd Feathers / Gizmodo:
Nevada is working with Google to launch a generative AI tool that will issue recommendations to human referees on whether unemployed workers should get benefits
Kevin Breuninger / CNBC:
Shares of Truth Social owner Trump Media closed down over 10% after Trump's debate with Harris, ending at their lowest level since they began publicly trading
Sarah Perez / TechCrunch:
Bluesky rolls out the ability to post videos of up to 60 seconds with optional attached subtitles; each post can contain one video, and adult content is allowed
Maxwell Zeff / TechCrunch:
Adobe says generative AI features powered by its Firefly Video model will be available before the end of 2024 on the Premiere Pro beta app and on a free website
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