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Techmeme
September 16, 2024, 5:00 AM
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Top News

Alexandre Tanzi / Bloomberg:
Research based on the US Census Bureau's data from 2008 to 2021 suggests online dating may be partially to blame for a rise in income inequality in recent times  —  - With apps, people increasingly marry someone like themselves  — It helps explain the increase in income inequality since 1980
Sergiu Gatlan / BleepingComputer:
The Port of Seattle says the Rhysida ransomware operation was behind an August 24 cyberattack and that it appears “some Port data was obtained by the actor”  —  Port of Seattle, the United States government agency overseeing Seattle's seaport and airport, confirmed on Friday …
The Verge:
A look at the US DOJ's divestment case against TikTok, which relies on classified material that TikTok can't review, as oral arguments begin on September 16  —  Next week, a court will hear arguments about whether the US government can ban TikTok, based on evidence it doesn't want anyone — including the social media company — to see.
Aditya Kalra / Reuters:
Regulatory reports: India's CCI accuses Samsung, Xiaomi, and other smartphone makers of collusion for exclusively launching products on Amazon and Flipkart  —  Samsung, Xiaomi and other smartphone companies colluded with Amazon and Walmart's (WMT.N) Flipkart to exclusively launch products …
Aditya Kalra / Reuters:
In reports dated August 9, Indian antitrust regulator CCI found that Amazon and Flipkart violated local competition laws by giving preference to select sellers
Reuters:
EU Commissioner Thierry Breton, who oversees Big Tech regulation, says he is stepping down over a rift with Commission President Ursula von der Leyen  —  French European Commissioner Thierry Breton on Monday said he would step down as a member of the EU executive body over a rift …
Shahram Mokhtari / iFixit News:
Google Pixel 9 Pro Fold teardown: impressive repairability for a foldable, with a modular design that separates high mechanical wear parts like the USB-C port  —  The Pixel 9 Pro Fold has come a long way since the first generation Pixel Fold.  That's because unlike other foldable smartphones …
Ben Lovejoy / 9to5Mac:
Apple's Activation Lock for iPhone components will make a huge dent in the market for stolen iPhones, though it introduces another barrier to DIY repairs  —  Apple's latest theft-prevention measure went live for beta testers yesterday: Activation Lock for iPhone components.
Matthew Martin / Bloomberg:
Groq and Aramco plan to build a Saudi Arabia data center by the end of 2024; Groq says it will be the world's largest AI inferencing center with 19K Groq GPUs  —  The California-based startup will operate what it has said will be the world's largest AI inferencing center that initially …
Caroline O'Donovan / Washington Post:
How Google, Amazon, Microsoft, and Meta are fighting an Ohio power company's proposal to increase the upfront energy costs they'll pay for their data centers  —  Negotiations between Big Tech and an Ohio power utility could set a national precedent as communities grapple with the energy demands of the data center boom.
Reuters:
Sources: OpenAI's $150B valuation in a $6.5B funding round hinges on whether the company can upend its corporate structure and remove a profit cap for investors  —  OpenAI's new financing round is expected to come in the form of convertible notes, according to sources with direct knowledge of the matter …
Kali Hays / Fortune:
Sources: Sam Altman told OpenAI's staff that the company plans to move away from being controlled by a nonprofit sometime in 2025

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 5:00 AM ET, September 16, 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

Jennifer Maas / Variety:
Disney reports Q3 revenue up 7% YoY to $25.2B, below $25.4B est., adjusted EPS of $2.06, above $1.85 est., and entertainment revenue up 6% to $11.3B

Jazz Monroe / Pitchfork:
Sources: nearly all staff at music outlets BrooklynVegan, Alternative Press, Revolver, and Goldmine appear to have been laid off by Veeps, owned by Live Nation

Etan Vlessing / The Hollywood Reporter:
FuboTV reports Q3 revenue up 38% YoY to $1.48B, a $25.7M net loss, vs. a $38M loss a year earlier, and North American subscribers up 2% to 5.75M; FUBO jumps 12%

More News

Zoltan Vardai / Cointelegraph:
Jeremy Allaire, the CEO of USDC issuer Circle, says the company is moving its global HQ to One World Trade Center in New York City, ahead of a planned IPO
Bloomberg:
A profile of Chase Herro, who calls himself the “dirtbag of the internet” and sources say is the dealmaker behind Trump's crypto project World Liberty Financial
Financial Times:
An overview of California's AI safety bill SB 1047, which easily passed the state's legislature, as it awaits Governor Newsom's signature or veto before Sep. 30

Earlier Picks

Christopher Mims / Wall Street Journal:
Recent announcements from Apple and Google show that AI is most useful as a feature in devices and software we already use, rather than a standalone product
Menaka Doshi / Bloomberg:
India's new M&A rule for deals exceeding ~$240M could create hurdles for startups that hope to be acquired in their early years to access funding and scale
Leah Nylen / Bloomberg:
Google ad trial: an ex-Facebook ad exec testifies the company signed the 2018 Jedi Blue deal with Google because it couldn't compete against Google's “monopoly”
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