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Techmeme
September 20, 2024, 7:30 PM
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Top News

Wall Street Journal:
Sources: Qualcomm made a takeover approach to Intel in recent days, but a deal is far from certain; Intel's market cap is ~$93B and Qualcomm's is ~$188B  —  A deal for Intel would be massive and come at a time when the chip maker is sputtering.
Bloomberg:
Constellation Energy plans to invest $1.6B to revive the Three Mile Island nuclear plant in Pennsylvania and sell all the output to Microsoft for data centers  —  Constellation to invest $1.6 billion to restart dormant reactor as data-center power demand surges.
More: Constellation, Washington Post, CNBC, The Verge, Ars Technica, Engadget, TechCrunch, How-To Geek, Axios, GovTech, Reuters, CNN, Wall Street Journal, The Register, The Times, Los Angeles Times, SiliconANGLE, PC Gamer, Interesting Engineering, Android Headlines, Cryptopolitan, TweakTown, Heatmap News, New York Times, Breitbart, Reason, Fox Business, Technical.ly, BetaNews, Tom's Hardware, Fast Company, NPR, Constellation Research, CBS News, Pennsylvania Capital-Star, UPI, Maginative, Telegraph, Washington Examiner, Barron's Online, Newser, WHYY, Cautious Optimism, The Next Platform, NBC News, The Decoder, Quartz, International Business Times, Utility Dive, DatacenterDynamics, Neowin, Blaze Media, Futurism, Baltimore Business Journal, Fortune, HotAir, IJR, ZeroHedge News, Gizmodo, The Daily Beast, WHTM-TV, WPMT, Business Insider, Tech Xplore, and Associated Press
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LinkedIn: Christopher Stephens, Jerrold Vincent, Robert Ong, Ville Tulkki, Peter Steiner, and Serge Tismen
Forums: r/technews, r/Economics, r/economy, r/environment, and r/politics
Jonathan Stempel / Reuters:
Filing: the US SEC says it intends to seek sanctions against Elon Musk for failing to appear for scheduled testimony for a probe into his $44B Twitter takeover  —  The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed to appear …
Timothy B Lee / Understanding AI:
OpenAI's o1 models are dramatically better at reasoning than previous LLMs, but they struggle with spatial reasoning and are far from human-level intelligence  —  It's not easy to stump OpenAI's new o1 models. … You might remember around Thanksgiving last year when news broke about Q* …
George Hammond / Financial Times:
Sources: Thrive Capital has already provided $1B+ to OpenAI as part of the $6.5B round; OpenAI's existing backers a16z and Sequoia Capital are not participating  —  Venture groups believe ChatGPT-maker will eventually be the world's dominant AI company and worth trillions of dollars
Bloomberg:
A profile of Xbox President Sarah Bond, who helped mollify the UK CMA's concerns about the Activision acquisition and is leading the Xbox unit's transformation  —  A relative outsider, Sarah Bond is leading a high-stakes transformation of a company that's lagging behind Sony and Nintendo.
Allie Garfinkle / Fortune:
Google Ventures CEO David Krane on GV's first 15 years, operating independently from Alphabet, early investments in Nest and Uber, generative AI, and more  —  One of the first things David Krane and I do is look at some weird sculptures.  —  Walking through Google's Mountain View …
FinTech Global:
Akur8, which uses AI to automate the generation of insurance pricing models, raised a $120M Series C led by One Peak, bringing its total raised to $180M  —  Akur8, the machine learning-powered insurance pricing and reserving platform, has announced the closure of a $120m Series C funding round.

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About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:30 PM ET, September 20, 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

Barbara Moens / Financial Times:
Sources: the EU is set to approve Paramount's $111B WBD takeover provided the company accepts certain remedies, the details of which are still being worked out

Max Tani / Semafor:
Documents: The Daily Wire, founded by conservative podcaster Ben Shapiro in 2015, seeks to raise at least $100M in a round that would value the company at $750M

Perry Stein / Washington Post:
Source: the US DOJ sought to force WaPo and WSJ reporters to testify before a grand jury but withdrew the subpoenas this month after the outlets challenged them

More News

Tom Warren / The Verge:
Microsoft overhauls the Fluent design illustrations used across its products and services, shifting towards playful, 3D designs that bring back skeuomorphism
Manish Singh / TechCrunch:
Indian edtech startup Physics Wallah raised a $210M Series B led by hedge fund Hornbill Capital at a $2.8B valuation, up from a $1.1B valuation in June 2022
Vishal Chawla / The Block:
Singapore-based crypto exchange BingX suffered a security hack on its hot wallet, resulting in a “minor” loss; PeckShield: the loss was $43M in cryptocurrencies
David Kirton / Reuters:
Huawei's $2,800 Mate XT trifold phone goes on sale in China, amid analysts' supply concerns; IDC: preorders surpassed 6.5M, versus ~3.9M foldables shipped in Q2

Earlier Picks

Julia King / Fierce Network:
Nvidia launches AI Aerial, which integrates AI into radio access network tech and could allow telcos to run third-party AI apps at the network's edge
Robbie Whelan / Wall Street Journal:
Memo: Disney plans to stop using Slack in most units by the end of 2024, after a hacking group leaked 1TB+ of its data, including 44M Slack messages, in July
Jess Weatherbed / The Verge:
Google unveils Password Manager PIN to let Chrome users sync passkeys across Windows, macOS, Linux, ChromeOS, and Android devices, with iOS support coming soon
Bloomberg:
Brazil's Supreme Court orders X to reimpose a block or face a ~$920K daily fine after an update made X accessible; X says service restoration was “inadvertent”
CNBC:
Amazon launches Amelia, an AI tool designed to help third-party sellers resolve account issues and fetch sales and inventory data, in beta for select US sellers
Cecilia Kang / New York Times:
A US FTC report on the data practices of Meta, YouTube, TikTok, and six other companies finds “vast surveillance” of consumers to monetize their information
Jay Peters / The Verge:
Nintendo and The Pokémon Company sue Palworld developer Pocketpair for allegedly infringing “multiple patent rights”; Palworld sold 5M+ copies in January 2024
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