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October 1, 2024, 4:35 AM
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Top News

CNBC:
AI chip startup Cerebras Systems files for a US IPO, reports a $66.6M net loss on $136.4M in sales in H1 2024, and plans to trade on the Nasdaq as CBRS  —  Artificial intelligence chip startup Cerebras Systems on Monday filed its prospectus for an initial public offering …
Carl Franzen / VentureBeat:
MIT spinoff Liquid AI debuts its non-transformer AI models LFM 1B, 3B, and 40B MoE, and claims they achieve “state-of-the-art performance at every scale”  —  Liquid AI, a startup co-founded by former researchers from the Massachusetts Institute of Technology (MIT) …
Jay Peters / The Verge:
Reddit moderators must now submit a request to Reddit staff before changing a subreddit's public/private status, making sitewide mod-led protests much harder  —  Reddit is giving its staff a lot more power over the communities on its platform.  Starting today, Reddit moderators will not be able …
Mike Scarcella / Reuters:
Apple asks a US judge to throw out or narrow an App Store anti-steering injunction, saying rulings in two unrelated cases undermine an order that Epic had won  —  Apple (AAPL.O) has asked a U.S. judge to throw out or narrow a decision governing its lucrative App Store, saying …
Simon Willison / Simon Willison's Weblog:
Notes on Google NotebookLM's Audio Overview feature, which generates a podcast with two AI hosts discussing user-provided content and is surprisingly effective  —  Audio Overview is a fun new feature of Google's NotebookLM which is getting a lot of attention right now.
Bloomberg:
Oura says it expects annual sales double to roughly $500M in 2024; sources say it plans to debut a new, thinner fitness ring with better battery life in October  —  - CEO expects ‘healthy’ growth, but has no imminent IPO plans  — New model will have improved battery life and thinner design
Reuters:
Epic files a CA lawsuit accusing Samsung and Google of colluding to deter users from rival app stores via Samsung's Auto Blocker, and plans to speak to the EU  —  “Fortnite” video game maker Epic Games on Monday accused Alphabet's Google (GOOGL.O) and Samsung (005930.KS) …
Kevin Collier / NBC News:
FCC connectivity data in counties affected by Hurricane Helene: as of September 30, 370 of North Carolina's 1,452 cell sites are out because of a lack of power  —  In some counties, fewer than 10% of all cellphone service sites are fully functioning.  —  Some of the victims of Hurricane Helene are cut off from the outside world.
Julie Bort / TechCrunch:
Some criticize YC-backed PearAI for forking another AI code editor covered under the Apache license and changing the license to its own made-up closed license  —  A Y Combinator startup named PearAI launched with an X post thread and YouTube video on Saturday and created immediate controversy.
Jason Koebler / 404 Media:
Udemy uses opt-out windows, the first of which lasted three weeks and just ended, that its creators must use to prevent their videos from being used to train AI  —  Teachers are surprised they have been opted into having their classes scraped for AI training.
The Information:
Source: SoftBank's Vision Fund has agreed to invest $500M in OpenAI's latest funding round, SoftBank's first investment in OpenAI, which is raising $6.5B

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From Mediagazer

Dan Mangan / CNBC:
President Trump files a $10B defamation lawsuit against the BBC, alleging it intentionally doctored a Panorama documentary to misrepresent his January 6 speech

Jem Bartholomew / Columbia Journalism Review:
US Press Freedom Tracker: 32 journalists arrested or charged in 2025, vs. 50 in 2024, and 170 assaulted, nearly as many as the previous three years combined

Byron Tau / Associated Press:
Sources: Bay Area radio station KCBS-AM, which faced MAGA backlash over ICE coverage, scaled back political reporting after Brendan Carr's threats of a probe

More News

Jody Godoy / Reuters:
A US court awards Amazon a partial dismissal of an FTC lawsuit accusing it of illegal monopolies, in a sealed ruling whose details weren't immediately clear
Umar Shakir / The Verge:
YouTube reaches a deal with SESAC that will bring back songs by Adele, Bob Dylan, Nirvana, and others that were removed over the weekend in the US
Sergiu Gatlan / BleepingComputer:
The FCC announces a $31.5M settlement with T-Mobile over four data breaches, in 2021, 2022, and 2023, that compromised personal info of millions of US customers

Earlier Picks

David Shepardson / Reuters:
US NHTSA: Cruise must pay a $1.5M fine, submit a corrective action plan, and face enhanced oversight after a 2023 crash with a pedestrian was not fully reported
Chance Miller / 9to5Mac:
Verizon says its network is functional again, following a massive outage that affected Verizon customers for hours on September 30 in the US
Suvashree Ghosh / Bloomberg:
Binance founder Changpeng Zhao pledges to keep investing in blockchain, AI, and biotech, in his first comments since his release from US custody on September 27
Thomas Rid / Foreign Affairs:
An FBI affidavit and European media leaks show how Russia's Doppelganger disinformation project operated and give insights into the Kremlin's online tactics
Les Pounder / Tom's Hardware:
Raspberry Pi AI Camera review: the new $70 kit has a smart camera with performance that will cover 99% of basic user projects, and works as a standard Pi camera
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