Open Links In New Tab
Mobile Archives Advertise Site News
Techmeme
October 3, 2024, 7:40 AM
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter

Top News

Ina Fried / Axios:
OpenAI raised $6.6B led by Thrive Capital, the largest VC deal of all time, valuing it at $157B, with participation from Microsoft, Nvidia, SoftBank, and others  —  - Not taking part, a source confirms, is Apple, which reportedly had been in talks to invest.
Cade Metz / New York Times:
Source: Thrive invested ~$1.3B in OpenAI's $6.6B round, with an exclusive option to invest up to $1B more at the same $157B valuation through 2025
Financial Times:
Sources: OpenAI has asked investors to avoid backing rival startups such as Anthropic and xAI, an exclusive funding arrangement to keep its generative AI lead
Joseph Cox / 404 Media:
Two Harvard students demo using Ray-Ban Meta Smart Glasses, PimEyes, and other tools to instantly identify strangers' names, phone numbers, addresses, and more  —  The technology, which marries Meta's smart Ray Ban glasses with the facial recognition service Pimeyes and some other tools …
Ivan Mehta / TechCrunch:
WP Engine files a lawsuit in California against Automattic and WordPress co-founder Matt Mullenweg, accusing them of extortion, abuse of power, and greed  —  Web hosting provider WP Engine has filed a lawsuit against Automattic, and WordPress co-founder Matt Mullenweg, accusing them of extortion and abuse of power.
Emma Roth / The Verge:
Automattic demanded an 8% cut of WP Engine's monthly revenue to use the WordPress trademark in a seven-year deal proposed on September 20; WP Engine declined
Daniel Thomas / Financial Times:
Amazon plans to increase the number of ads on Prime Video in 2025 after not seeing a sharp drop in subscribers since adding advertisements in January 2024  —  Ecommerce group attempting to win over more brands as it steps up push into ad-funded streaming services in 2025
Nicola M. White / Bloomberg:
Gurbir Grewal, the US SEC's top enforcement official since 2021, who oversaw 2,400+ enforcement actions and the crypto crackdown, plans to leave on October 11  —  - Grewal helped lead WhatsApp probes, crypto industry crackdown  — SEC official was previously New Jersey's attorney general
Ryan McNeal / Android Authority:
Amazon announces a new lineup of Fire HD 8 tablets, with 50% more RAM than the previous models, and three new generative AI features for compatible Fire tablets  —  Amazon launches new Fire HD 8 tablets, rolls out three new AI features.  —  •  —  TL;DR  — Amazon is launching a new lineup of Fire HD 8 tablets.
Nikhilesh De / CoinDesk:
The US SEC files a notice of appeal in its Ripple case, seeking to reverse a July 2023 ruling that XRP sales on retail exchanges didn't violate securities rules  —  A federal judge ruled last year that the SEC had not made its case that Ripple violated securities law by selling XRP to retail customers through exchanges.
Dylan Martin / CRN:
Accenture says it will train 30K employees on Nvidia's AI tech and start a new Nvidia Business Group focused on driving enterprise adoption of AI agents  —  The global services powerhouse says its newly formed Nvidia Business Group will focus on driving enterprise adoption …
Thomas Claburn / The Register:
Co-founders Tim Berners-Lee and Rosemary Leith plan to close the World Wide Web Foundation after 15 years of fighting to make the web safer and more accessible  —  Who wants to join his so Solid crew?  —  After fifteen years of fighting to make the web safer and more accessible, the World Wide Web Foundation is shutting down.
Abner Li / 9to5Google:
Google updates Gmail for Android and iOS with new summary cards that are more glanceable and actionable and a new “Happening soon” section above the inbox  —  Gmail for Android and iOS are getting new summary cards that are more glanceable and actionable, with Google also directly surfacing them in your inbox.

Sponsor Posts

Airtable:
The central nervous system of your business  —  Used by 80% of Fortune 100 companies, Airtable combines AI with the scale of an infinitely flexible, no-code system.  With all your data in one place, it's like mission control for your company.
Intel:
5G's most deployed platform  —  Powering live networks with built-in Inference across Core and RAN.  That's the power of Intel Inside®
Zoho:
App Spotlight: HostMyText Pro for Zoho CRM  —  App Spotlight brings you hand-picked solutions that enhance your Zoho apps and tools.  Visit Zoho Marketplace to explore all of our apps, integrations …
IDrive:
Protecting your Cloud Applications Data  —  Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Sponsor Techmeme

Featured Podcasts

Big Technology Podcast:
 AI Revenue Explodes, Dario's Memo, McDonald's CEO's Baby Burger Bite
The Big Technology Podcast takes you behind the scenes in the tech world featuring interviews with plugged-in insiders and outside agitators.
Subscribe to Big Technology Podcast.
Hard Fork:
 OpenAI's Fog of War + Betting on Iran + Hard Fork Review of Slop
The future is already here. Each week, journalists Kevin Roose and Casey Newton explore and make sense of the latest in the rapidly changing world of tech.
Subscribe to Hard Fork.
Access:
 What happens to Google when AI answers everything? with Google's Liz Reid
A show about the tech industry's inside conversation, hosted by tech reporter Alex Heath and founder whisperer Ellis Hamburger.
Subscribe to Access.
Cheeky Pint:
 Garrett Langley of Flock Safety on building technology to solve crime
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
The Upstarts Podcast:
 Flexport's Ryan Petersen: tech's trade expert on solving tariff chaos with AI agents & winning again
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
Subscribe to The Upstarts Podcast.
Tools and Weapons with Brad Smith:
 His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
Add your podcast here
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:40 AM ET, October 3, 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

Politico:
A US judge rules Kari Lake was illegally empowered to run the USAGM, as she was not Senate-confirmed, and her actions there must be seen as “void”, even layoffs

Laura Kelly / The Hill:
Ahmad Batebi, a journalist with VOA's Persian service, says he was fired over a clash about VOA limiting coverage of Iran's exiled Crown Prince Reza Pahlavi

Status:
NewsNation's latest promo, which attacks CNN's Kaitlan Collins, shows how Nexstar is cozying up to MAGA as it seeks approval for its Tegna merger

More News

Victoria Song / The Verge:
Oura unveils the $349+ Oura Ring 4, with a slimmer design, improved accuracy, and more sizes, shipping October 15, and completely redesigns the Oura app
Jordan Novet / CNBC:
Analysis: Microsoft's finance leases, mainly for data centers and commencing between FY 2025 and FY 2030, have risen by $100B+ in less than two years to $108.4B

Earlier Picks

Bloomberg:
Poolside, which is building AI-assisted software development tools, raised a $500M Series B led by Bain Capital Ventures, reportedly at a $3B valuation
Kevin Roose / New York Times:
Some iOS developers worry an iOS 18 change, which lets users choose contacts an app can access, may make growing social apps hard; Apple says it boosts privacy
Tom Warren / The Verge:
Microsoft releases a $150 standalone version of Office 2024 for consumers and SMBs, with core app updates and UI changes; the last standalone was Office 2021
Mediagazer memeorandum WeSmirch
Home River Leaderboards About Events Newsletter