| Sean Hollister / The Verge: |
In a final Epic v. Google ruling, US judge orders Google to open up Google Play to rivals for three years, distribute 3rd-party stores in Google Play, and more — Google's Android app store is an illegal monopoly — and now it will have to change. … Google will have to distribute rival … | Lee-Anne Mulholland / The Keyword: |
| Zack Whittaker / TechCrunch: |
Experts have long warned “secure backdoor” systems are impossible; Salt Typhoon's reported hack of US ISPs' wiretap systems is a key example of backdoors' risks — News broke this weekend that China-backed hackers have compromised the wiretap systems of several U.S. telecom … | Charles Duhigg / New Yorker: |
A deep dive on Chris Lehane, super PACs like Fairshake, and recent political savagery from some Silicon Valley execs, effectively targeting Katie Porter, others — From crypto to A.I., the tech sector is pouring millions into super pacs that intimidate politicians into supporting its agenda.| Ryan Broderick / Garbage Day: |
As Meta proudly unveils AI tools, Facebook users find feeds clogged with AI junk, even when Facebook is needed as a civic resource to coordinate disaster relief — Read to the end for furry opera — We're inching closer to the Garbage Day Live election special!!! Over the next few issues, I'll be announcing a new guest.| Bloomberg: |
US bankruptcy judge approves plan to repay FTX customers; in June FTX had $12.6B, which could rise to $16.5B; FTX is in talks with US over $1B+ in seized assets — - FTX judge approves plan to distribute at least $12.6 billion — Company in talks over $1 billion seized by prosecutors| Digiday: |
TikTok launches Smart+, a new AI-powered ad tool that competes with Google's Performance Max and Meta's Advantage+, automating ad targeting and optimization — TikTok's cultural clout is undeniable, but the ad dollars? Not quite there — yet. — That's where Smart+ comes in … | Lauren Feiner / The Verge: |
A US federal judge has given the FTC the green light to pursue antitrust claims against Amazon but ruled that some claims under state laws won't move forward — A federal judge gave the Federal Trade Commission the green light to pursue antitrust claims against Amazon, a newly unsealed order reveals … | Reuters: |
Samsung says it is not interested in spinning off its contract chip manufacturing business; sources say it has struggled to win big orders to fill chip capacity — Samsung Electronics (005930.KS) is not interested in spinning off its contract chip manufacturing business … | Greg Stohr / Bloomberg: |
SCOTUS rejects X's appeal over Special Counsel Jack Smith's secret DOJ search warrant for records related to Donald Trump's account and upholds a $350K fine — The US Supreme Court turned away an appeal by Elon Musk's X Corp., steering clear of a clash over a secret Justice Department search warrant … | Tim De Chant / TechCrunch: |
Filing: KoBold Metals, which uses ML to help it sift through datasets to identify large deposits of various metals, has raised $491M of a targeted $527M round — Earlier this year, KoBold Metals found what might be one of the largest high-grade copper deposits of all time … | Philip Heijmans / Bloomberg: |
UN report: cyber crime syndicates raked in as much as $37B in 2023 and are growing in Myanmar, Cambodia, Laos, and across Southeast Asia despite police efforts — - Operations are becoming more professionalized with use of AI — Casinos, hotels and SEZs being used by cyber crime groups
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| Lorenzo Franceschi-Bicchierai / TechCrunch: |
| Olesia Safronova / Bloomberg: |
| Daniel Thomas / Financial Times: |
| Max Tani / Semafor: |