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September 30, 2024, 1:15 AM
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Top News

Wall Street Journal:
CA Gov. Gavin Newsom vetoes AI safety bill SB 1047, saying the bill applies only to large AI models and doesn't account for if a model's deployment is high risk  —  Governor seeks more encompassing rules than the bill opposed by OpenAI, Meta and supported by research scientists
Mark Gurman / Bloomberg:
Sources: Apple considers options for its headsets, including moving compute to iPhone, and is working on homeOS; new Masimo CEO could enable a deal with Apple  —  Meta's latest AR glasses and cheaper mixed-reality headset add pressure on Apple to make its Vision push work.
Wall Street Journal:
Source: Apple is no longer in talks to participate in an OpenAI funding round that is expected to raise as much as $6.5B  —  Company behind ChatGPT is aiming to raise around $6.5 billion in funding set to close next week  —  Apple is no longer in talks to participate in an OpenAI funding round expected …
Matthew Lynley / Supervised:
A look at OpenAI's sprawling product portfolio as the startup matures into a real business and runs into the challenges of avoiding product creep  —  Plus: OpenAI's portfolio is getting a little big.  —  ∙ Paid  —  This issue was finished on a mobile device so I apologize ahead of time for any typos and formatting errors.
New York Times:
Docs: OpenAI had $300M in monthly revenue in August, up 1,700% since early 2023, 350M MAUs in June, and expects ~$3.7B in annual sales but $5B in losses in 2024
New York Times:
Sources: TSMC's execs took to calling Sam Altman a “podcasting bro” after he said it would take $7T and many years to build 36 chip plants to fulfill his vision
Jonathan Moens / New York Times:
CA Governor Newsom signs the California Neurorights Act into law that treats “neural data” as personal sensitive info, aiming to protect brain data from misuse  —  The state extended its current personal privacy law to include the neural data increasingly coveted by technology companies.
Jem Aswad / Variety:
YouTube blocks songs by Adele, Bob Dylan, Green Day, and others in the US, after its music licensing agreement with performing rights organization SESAC expired  —  Songs by Adele, Bob Dylan, Green Day, R.E.M., Burna Boy, Rush and many others are currently unplayable on YouTube in the U.S. due …
Ricardo Brito / Reuters:
Court docs: Brazil's Supreme Court says X still needs to pay $5M+ in pending fines, including a new one, before it will be allowed to resume service in Brazil  —  Brazil's Supreme Court said on Friday that social platform X still needs to pay just over $5 million in pending fines …
Stephanie Stacey / Financial Times:
Bumble, Muzz, and Match Group are pushing their friend-finding and community-building products to attract young users hit by so-called dating app fatigue  —  Bumble and Match Group launch friendship and social products to help reverse post-pandemic slowdown

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From Mediagazer

Ted Johnson / Deadline:
ABC sues the FCC, claiming the agency's investigations and regulatory actions are part of a Trump administration “retaliatory campaign” to curb its free speech

Svetlana Shkolnikova / Stars & Stripes:
Longtime Stars and Stripes publisher Max Lederer announces his retirement, saying his understanding of the outlet's “value and mission” differs from DOD plans

Emma Joyce / The Guardian:
Report: changing viewing habits and reduced commissioning by commercial networks have led to significant drops in TV dramas and children's shows in Australia

More News

Brian Steinberg / Variety:
Sources: Amazon Prime Video is in talks with veteran anchor Brian Williams to host a live Election Night special, its first entry into news-related programming
Lizzi C. Lee / Rest of World:
Chinese state media has embraced the success of Black Myth: Wukong, a Chinese AAA game that has sold 20M+ copies globally, hailing it as a soft power export

Earlier Picks

Rolfe Winkler / Wall Street Journal:
A look at telehealth startup Done Global, whose owner was arrested by the US in June for allegedly running a “pill mill”, as it continues to operate from China
Kate Knibbs / Wired:
A profile of Internet Archive founder Brewster Kahle, as the service fights existential battles over copyright, including from music labels like UMG
Bloomberg:
Sources: China is discouraging local companies from purchasing Nvidia's H20 chips to help expand the country's semiconductor industry and counter US sanctions
Bill Toulas / BleepingComputer:
The US DOJ charges two Russians for operating $1B+ money laundering services for cybercriminals; one is accused of operating the Joker's Stash marketplace
Mediagazer memeorandum WeSmirch
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