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Techmeme
December 14, 2024, 9:35 PM
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Reuters:
Document: Trump's transition team seeks to repeal a crash-reporting rule opposed by Tesla and other car makers and “liberalize” autonomous vehicle regulation  —  The Trump transition team wants the incoming administration to drop a car-crash reporting requirement opposed by Elon Musk's Tesla …
Jess Weatherbed / The Verge:
An analysis of App Store rankings shows how market saturation for AI-based creative apps is making it harder to find good apps that use AI in more focused ways  —  Many high-ranking AI apps feel like an attempted cash grab, and it's not easy to spot the trash from the treasure.
Forums: Slashdot
Daniel Kuhn / The Block:
Justin Sun's BiT Global, which recently became a key stakeholder in the wBTC ecosystem, sues Coinbase for planning to delist wBTC after launching rival cbBTC  —  - Justin Sun's BiT Global is suing Coinbase for delisting wBTC and launching a competing product.
Politico:
Donald Trump plans to appoint Truth Social CEO Devin Nunes to lead the President's Intelligence Advisory Board, which oversees the US intelligence community  —  Nunes is CEO of Truth Social and will continue leading Trump Media & Technology Group, a public company with a nearly $8 billion market cap.
Nicola Jones / Nature:
AI companies, running out of conventional training datasets from the web, may be forced to shift from big, all-purpose LLMs to smaller, more specialized models  —  By -  The Internet is a vast ocean of human knowledge, but it isn't infinite.  And artificial intelligence (AI) researchers have nearly sucked it dry.
Erin Griffith / New York Times:
A look at the opposing VC models of Benchmark, which maintains its traditional small-scale approach, and Andreessen Horowitz, which pursues aggressive expansion  —  Three decades ago, five men formed a venture capital firm on Sand Hill Road in Silicon Valley with a simple pitch: Small is beautiful.
More: crypto.news.  Bluesky: @hunterwalk.com.  X: @hkanji, @nchirls, and @pmmckinlay.  LinkedIn: Sertac Yeltekin
Isabelle Bousquette / Wall Street Journal:
How Viam, founded in 2020 by MongoDB co-founder Eliot Horowitz, uses AI to help companies make anything “smart”, including pizza buffets and bathroom lines  —  Entrepreneur Eliot Horowitz, who founded $22 billion database company MongoDB, is betting on artificial intelligence in the physical world
Jacky Wong / Wall Street Journal:
Japanese chipmaker Kioxia's valuation drop from $18B in 2018 to ~$5.1B in its upcoming IPO is for good reasons: high debt and lower AI exposure than its rivals  —  Kioxia is going for a discount due to its high debt and lower AI exposure than rivals  —  Japan's last blockbuster initial public offering …

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This is a Techmeme archive page. It shows how the site appeared at 9:35 PM ET, December 14, 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

David Ellison / @ellisonskydance:
David Ellison announces that the combined Paramount and Warner Bros. Discovery will be called Skydance “to preserve what has made each of these studios iconic”

Todd Spangler / Variety:
Disney licenses a large group of titles to Netflix, including all five Ice Age movies, Percy Jackson and the Olympians, Felicity, Elio, and more

New York Times:
Sources: Trump personally told his budget director to use taxpayer money for TV ads praising his presidency; at least four spots have run at a cost of ~$5.5M

More News

Devin Coldewey / TechCrunch:
Evinced, which helps companies build accessible websites and apps, raised a $55M Series C led by Insight Partners, bringing its total funding to $112M

Earlier Picks

Natalie Lung / Bloomberg:
Tinder warns of declining to flat direct revenue through 2026, below estimates, and says it plans to prioritize improving its user experience over monetization
Christina Wilkie / CNBC:
Cantor Fitzgerald settles US SEC charges for $6.75M over disclosures before its SPACs merged with smart glass maker View and geospatial data company Satellogic
Kyle Wiggers / TechCrunch:
xAI begins rolling out an upgraded version of Grok-2 that is “three times faster” to all X users, adds a “Grok button” to X posts, and reduces API pricing
Jonathan Greig / The Record:
The US DOJ indicts 14 North Korean nationals for allegedly making $88M+ via fraud by working as remote IT workers for US companies from April 2017 to March 2023
Ina Fried / Axios:
In a blog post, OpenAI says “You can't sue your way to AGI”, and publishes emails from Elon Musk showing he wanted to own OpenAI and run it as a for-profit
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