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December 17, 2024, 12:40 PM
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| Wall Street Journal: |
Databricks is raising $10B from a16z, Thrive, others at a $62B valuation, among the largest VC raises in history; documents show Databricks has $2.6B in revenue — As CEO of Databricks, Ali Ghodsi has performed a series of ‘strategic surgeries’ to make his company one of the fastest-growing startups in Silicon Valley
More: TechCrunch, San Francisco Business Times, CNBC, Bloomberg, Financial Times, TechPowerUp, and Analytics India Magazine
X: @naveengrao, @jasonlk, @mattturck, @dee_bosa, @shaig, and @gergelyorosz
| Natasha Lomas / TechCrunch: |
The Irish Data Protection Commission fines Meta €251M over a Facebook breach that affected ~29M users globally and ~3M in the EU and EEA in September 2018 — Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions of users …
More: Data Protection Commission, CNET, The Record, BleepingComputer, The Register, Reuters, Neowin, Silicon Republic, RTÉ, Android Headlines, InformationWeek, Channel NewsAsia, Nairametrics, and NewsBytes. Forums: Slashdot
| Sean Hollister / The Verge: |
Framework releases a $39 modular component to add two extra M.2 slots to the Laptop 16, letting users have 26TB+ of storage, and updates the Laptop 16's cooling — The most ambitious laptop ever made just got a long-promised modular upgrade. … At launch, you only had two options …
More: Framework Blog, Thurrott, Tom's Hardware, TechPowerUp, and XDA Developers
| Edith Hancock / Wall Street Journal: |
The European Commission opens a formal DSA investigation into TikTok over concerns foreign actors used it to interfere in the Romanian presidential elections — The probe comes after judges in the country annulled the outcome of the first round of presidential elections, citing concerns of Russian interference
More: European Commission, Silicon Republic, Bloomberg, Yahoo News, Proactive, Associated Press, Le Monde, G4Media.ro, Irish Independent, Voxeurop, TheJournal.ie, Notebookcheck, NEWS.am, Politico, UPI, BBC, Financial Times, Reuters, The Romania Journal, The Irish Times, Universul.net, Romania Insider, Novinite.com, and belganewsagency.eu. X: @eu_commission
| Tony Romm / Washington Post: |
The US FTC issues long-awaited rules requiring companies to display the full price of hotels, concert tickets, and more up front, rather than hiding “junk fees” — The industries must display the full price of a hotel room, concert ticket or sporting event upfront to customers or face potential federal punishment.
More: Federal Trade Commission, Engadget, TechCrunch, Android Authority, The Verge, The Hill, and CBS News
Bluesky: @warren.senate.gov, @edzitron.com, @joshsternberg.com, and @tonyromm
| Wired: |
Interpol says calling online scams “pig butchering”, a widely used phrase, is unhelpful as gangs “appear to have” created the phrase to describe victims — Experts say the catchall term for online fraud furthers harm against victims and could dissuade people … | Financial Times: |
The UK opens a consultation on AI and copyright, and aims to offer an “opt out” copyright exception, force companies to open models to scrutiny, and more — Consultation could see easier access to copyrighted works but require tech groups to be clearer on what they have used
More: The Guardian, TechCrunch, GOV.UK, Find out how algorithmic tools …, PYMNTS.com, GOV.UK, The Bookseller, The Independent, ComputerWeekly.com, CNBC, Advanced Television, and The Mirror
Bluesky: @profbillmcguire and @jakeillustrates
| NBC News: |
Source: Trump meets with TikTok CEO Shou Zi Chew at Mar-a-Lago, the same day that the company asks the Supreme Court to block the law that could ban the app — President-elect Donald Trump tried to ban TikTok in 2020 but was blocked by the courts. He has since changed his position on the issue.
More: CNN, CNBC, BBC, The Post Millennial, Reuters, Sandra Rose, Deseret News, The Independent, Fox Business, Black Enterprise, Music Ally, 9to5Mac, Financial Times, UPI, HuffPost, Silicon Republic, Joe.My.God., Tech.co, Daily Post Nigeria, LEX 18 News, TechSpot, Anadolu Ajansı …, Moneycontrol, Washington Times, SiliconANGLE, Business Insider, Benzinga, ABC News, HotAir, The Wrap, CBS News, The Hill, Digital Music News, Axios, The Information, and Raw Story
Bluesky: @mrsbettybowers. X: @kaitlancollins, @devahaz, @caedrolo12, @michaelsobolik, @timchapman, and @luke_metro
| Lawrence Hurley / NBC News: |
More: ABA Journal, TucsonSentinel.com, The Tab, The Independent, New York Times, Android Headlines, Metro.co.uk, Inc, Research Live, Fox Business, Business Insider, Proactive, American Greatness, KYMA-TV, MacRumors, CBS News, Deutsche Welle, Reuters, Music Business Worldwide, Los Angeles Times, The Gateway Pundit, Washington Post, Roll Call, Washington Examiner, PYMNTS.com, The Hill, Hindustan Times, JURIST, Social Media Today, SCOTUSblog, Forbes, Engadget, MarTech, and Search Engine Land
| Rishav Chatterjee / Reuters: |
Australia's privacy watchdog says Meta agreed to a AU$50M settlement over a 2020 Cambridge Analytica lawsuit alleging 300K+ Facebook users' data was exposed — The Australian Information Commissioner said on Tuesday it has withdrawn civil penalty proceedings against Meta Platforms (META.O) …
More: Australian Information Commissioner, The Guardian, Engadget, International Business Times, CCN.com, ABC, The Conversation, Silicon Republic, TechCrunch, Sydney Morning Herald, Notebookcheck, 9News, Crikey, Times of India, Business News Australia, The Indian Express, iTnews, and NewsBytes
Bluesky: @cameronwilson. X: @oaicgov and @markdreyfuskcmp. LinkedIn: Carly Kind. Forums: Hacker News
| Juro Osawa / The Information: |
Sources: Character.AI rival Talkie, one of the most-downloaded AI apps in the US and made by China's MiniMax, prepares an AI video feature to reignite growth — Many of you may not have heard of Talkie, a competitor to Character.AI in providing personalized artificial intelligence chatbots.| Jay Peters / The Verge: |
Mark Zuckerberg says Threads now has 100M+ DAUs, revealing its DAU figure for the first time, and 300M+ MAUs, up from 275M+ MAUs in November 2024 — It's a notable milestone not just because it's a big number; it's also the first time Meta has a daily active user figure publicly.
More: TechCrunch, Android Headlines, 9to5Mac, Benzinga, TipRanks Financial, PhoneArena, Music Ally, Social Media Today, Pixel Envy, Engadget, and Yahoo Finance
Bluesky: @jaypeters.net. Threads: @zuck, @mosseri, @tomwarrenuk, @richphoto.io, @sarahfrier, @kurtwag8, @matthewfacciani, @greenbaumly, @joshmcconnell, and @noise.in.vacuum. Forums: r/technology
| Paayal Zaveri / Bloomberg: |
Grammarly buys productivity startup Coda, set to close in January, and names Coda co-founder and CEO Shishir Mehrotra as CEO; Coda had a $1.4B valuation in 2021 — Coda co-founder and CEO Shishir Mehrotra will take over that position at Grammarly, according to statement from the two companies Tuesday.| New York Times: |
Sources: OpenAI is working to sever the nonprofit's control while compensating its board, possibly in the billions, and promised investors a two-year schedule — As the maker of ChatGPT battles Google and Meta for A.I. supremacy, it's also fighting to end control by a nonprofit board.
More: CIO.com
| CNBC: |
Waymo plans to test its robotaxis in Tokyo in early 2025, its first international expansion, partnering with taxi operator Nihon Kotsu and taxi hailing app GO — Alphabet-owned Waymo announced Monday that it will start testing its autonomous vehicles in Tokyo in early 2025, the company's first step toward international expansion.
More: Waymo, TechCrunch, The Verge, Neowin, Maginative, TESLARATI, Electrek, Self Drive News, Silicon Republic, Notebookcheck, Motley Fool, Digital Trends, CNET, The Last Driver License Holder, Forbes, Tech in Asia, and Yahoo Finance
Forums: r/japan, r/Tokyo, r/technology, r/Tokyo, r/waymo, r/wallstreetbets, r/SelfDrivingCars, and Slashdot
| Molly White / Bloomberg: |
After Trump's win, a look at what the crypto industry could do next, including weakening financial rules that might protect consumers from the next crypto crash — The industry is now in a position to weaken financial rules that might protect consumers from the next crypto crash.| Jay Peters / The Verge: |
Google debuts Whisk, an image generator that takes other images as prompts to suggest the subject, scene, and style, and uses the new, “latest” Imagen 3 version — Google has announced a new AI tool called Whisk that lets you generate images using other images as prompts instead of requiring a long text prompt.
More: The Keyword, Tech.co, Tom's Guide, Cryptopolitan, PetaPixel, Livemint, Hindustan Times, Digital Trends, MakeUseOf, TestingCatalog, Android Police, and Android Authority
Bluesky: @jaypeters.net. X: @emollick, @jasonbaldridge, @joshtwoodward, @samhouston, and @samhouston
| Kyle Wiggers / TechCrunch: |
More: The Keyword, Google DeepMind, VentureBeat, Tech Monitor, Tv Technology, Analytics India Magazine, Tom's Guide, PhoneArena, The Indian Express, Moneycontrol, TechRadar, Benzinga, MediaPost, Maginative, Android Police, NewsBytes, SiliconANGLE, and Fortune
X: @googledeepmind, @simonw, @jason, @andrewcurran_, @alexanderchen, @officiallogank, @trondw, @thexeophon, @karpathy, @tkipf, @bilawalsidhu, @doomie, @rpnickson, @matthewberman, @rubenevillegas, @_tim_brooks, @mayorkingai, @gbarthmaron, @ai_for_success, @ada_rob, @hhm, @conorgrennan, @diesol, @ai_for_success, @poolio, @kimmonismus, @dylanneve10, @doomie, @hhm, @matthewberman, @gbarthmaron, @drjwrae, @web3willbefree, @doomie, @swyx, @tkipf, @rowancheung, @doomie, @rubenevillegas, @angrypenguinpng, @_tim_brooks, @sundarpichai, @mattturck, and @krishnanrohit. LinkedIn: Sandeep Verma
Forums: Hacker News and Slashdot
| Kyle Wiggers / TechCrunch: |
Google launches Gemini Code Assist tools that lets the AI code completion product access real-time data and information from outside apps — Google on Tuesday announced support for third-party tools in Gemini Code Assist, its enterprise-focused AI code completion service.
More: InfoWorld, VentureBeat, ZDNET, and DevOps.com
| New York Times: |
Some tech leaders say they're optimistic that Trump will increase visas to highly skilled foreign workers, despite Trump curbing such programs in his first term — Silicon Valley hopes that tech giants like Elon Musk could help to push the incoming Trump administration toward offering more visas to highly skilled foreign workers.
More: Times of India
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