Techmeme
October 3, 2024, 12:20 AM

Top News

Ina Fried / Axios:
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  —  The A.I. start-up's valuation has risen by more than $70 billion in nine months.  —  OpenAI said on Wednesday that it had completed …
Financial Times:
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
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.
Dylan Martin / CRN:
Accenture says it will train 30K employees on Nvidia's AI technologies 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 …
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.
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.
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  —  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:
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  —  - Company hasn't released its product or given a launch timeline  — Investment shows continued investor appetite for AI startups
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.
Akila Quinio / Financial Times:
The UK FCA fines Starling Bank £29M over its “shockingly lax” controls against financial crime, like potential money laundering and sanctions breaches  —  FCA said lender's efforts to identify potential money laundering ‘did not keep pace’ with its growth
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  —  This year, when Apple announced iOS 18, the latest version of its mobile operating system, most of the attention went to its slate of new artificial intelligence features.

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Erin Griffith / New York Times:

Earlier Picks

Akila Quinio / Financial Times:
Tom Warren / The Verge:
Emma Roth / The Verge:
Sebastiaan de With / Lux:
Kyle Wiggers / TechCrunch: