| Wall Street Journal: |
President Trump pardons convicted Binance founder Changpeng Zhao, following months of efforts by Zhao to boost the Trump family's World Liberty Financial — Pardon follows months of efforts by Changpeng Zhao to boost Trump crypto company — President Trump has pardoned Changpeng Zhao … | Tom Warren / The Verge: |
Microsoft unveils Mico, a character that responds with real-time expressions when talked to, now on by default in Copilot's voice mode in the US, UK, and Canada — Copilot now has its own virtual character for its voice mode. … It's been nearly 30 years since Microsoft's Office assistant … | Tom Warren / The Verge: |
| Shirin Ghaffary / Bloomberg: |
OpenAI acquires Software Applications Incorporated, which is building an AI-powered user interface for macOS and raised $6.5M from Sam Altman and others — OpenAI has acquired Software Applications Inc., a startup building an AI-powered user interface for Mac desktops … | Bloomberg: |
Sources and docs: the US DOJ charged an ex-director of zero-day vendor L3Harris' Trenchant with stealing secrets from two companies to sell to a Russian buyer — A director at a company that sells computer vulnerabilities has been charged with stealing secrets to sell to an unspecified buyer in Russia … | Bloomberg: |
Sources: Microsoft asked its Xbox unit to hit 30% profit margins, well above the industry average, prompting product cancellations, price hikes, and job cuts — Management's goal of 30% profit margins for gaming has led to job losses, canceled projects — Microsoft Corp. is asking … | Ian Carlos Campbell / Engadget: |
Amazon relaunches its game streaming service Luna, available at no additional cost for Prime subscribers, and adds new beginner-friendly multiplayer games — The big addition is a collection of multiplayer games that can be controlled with a smartphone. — After detailing its plans … | Dane Stuckey / @cryps1s: |
| Kyle Orland / Ars Technica: |
ChatGPT Atlas hands-on: generally able to interpret instructions and navigate simple menus, but “technical constraints on session length” are a limiting factor — From scanning emails to building fansites, Atlas can ably automate some web-based tasks.| Katie Roof / The Information: |
Sources: Adobe held talks to acquire Synthesia, which makes AI tools that generate video avatars of people, for ~$3B; the startup was valued at $2.1B in January — Adobe in recent months held talks with Synthesia, a London-based maker of artificial intelligence software that generates video avatars … | Sam Tobin / Reuters: |
The UK's Competition Appeal Tribunal rules against Apple in a lawsuit accusing it of abusing its dominant position by charging a 30% App Store commission — Apple (AAPL.O) on Thursday lost a London lawsuit accusing the U.S. tech company of abusing its dominant position by charging app developers … | Wall Street Journal: |
Top AI researchers and executives in Silicon Valley are working 80 to 100 hours per week, driven by competition, as AI's progress compresses product timelines — With expertise in the field scarce, workers in Silicon Valley are pushing themselves to extremes day after day| Jyoti Mann / Business Insider: |
Meta cuts roles in its Risk unit citing a shift from manual reviews to a “consistent and automated process” that is delivering “reliable compliance outcomes” — - Meta is cutting roles in its Risk org, according to an internal memo.| James Reddick / The Record: |
Starlink VP Lauren Dreyer says the company “proactively identified and disabled over 2,500 Starlink Kits in the vicinity of suspected ‘scam centers’” in Myanmar — SpaceX says it has disabled more than 2,000 Starlink devices connected to scam compounds in Myanmar … | Shaurya Malwa / CoinDesk: |
Email: Indian crypto exchange WazirX plans to resume operations on October 24, following a court-approved restructuring, after hackers stole $230M in July 2024 — That was the final step in a process that began after a massive security breach last year froze assets, shuttered withdrawals … | Jay Peters / The Verge: |
PUBG maker Krafton unveils an “AI First” strategy, investing ~$70M to build a GPU cluster to automate AI workflows and strengthen AI R&D and in-game AI services — It's planning to spend nearly $70 million on a GPU cluster to support its efforts.| Kayla Cobb / The Wrap: |
VideoShops, an affiliate retail platform that lets creators start personalized storefronts with no minimum follower count, raised a $42M seed — Abra Potkin and Nicole Winnaman are changing that — When you think of the most basic definition of an influencer — a person whose recommendations … | Elizabeth Howcroft / Reuters: |
Cyprus' financial regulator grants a crypto license to Revolut, allowing the startup to offer crypto services across the EU under new regulations — British finance app Revolut has been granted a licence by Cyprus that will enable it to continue to target crypto-related services to grow its business … | Kurt Schlosser / GeekWire: |
Chainguard, which helps companies secure software supply chains, raised $280M, six months after a $356M Series D, bringing its total funding to $892M — GeekWire chronicles the Pacific Northwest startup scene. Sign up for our weekly startup newsletter, and check out the GeekWire funding tracker and VC directory.| Cristina Criddle / Financial Times: |
Lawyers for a teen who died by suicide after allegedly discussing methods with ChatGPT call OpenAI's request for all memorial documents “intentional harassment” — Family of teen who took his own life after ChatGPT use alleges chatbot maker intentionally weakened protections| Amrith Ramkumar / Wall Street Journal: |
Sources: IonQ, Rigetti, D-Wave, and other quantum computing companies are in talks to give the US Commerce Department equity in exchange for $10M+ funding each — Discussions signal Washington's wider involvement in key parts of the economy — WASHINGTON—Several quantum-computing companies … | Jess Weatherbed / The Verge: |
Eight Sleep adds an outage mode to its smart beds after complaints they were stuck at sweltering temperatures and in inclined positions during the AWS outage — Thousands of Eight Sleep owners were unable to adjust temperatures or bed positions while while Amazon's servers were down.| Financial Times: |
Airbus, Leonardo, and Thales agree to a deal to combine their space and satellite businesses, seeking to build a European SpaceX competitor — European defence groups promise ‘significant synergies’ to respond to rapid expansion of Starlink network — Airbus, Leonardo and Thales have struck … | Rocket Drew / The Information: |
Source: SoftBank held talks about acquiring Agility Robotics for $900M+ before participating in Agility's funding round valuing the startup at $1.75B pre-money — SoftBank's Masayoshi Son has long predicted a future where robots would outnumber people and take over many jobs from humans.| Juro Osawa / The Information: |
Internal memo: TikTok plans leadership changes, moving two teams under ByteDance veteran Fiona Zhi and undoing earlier efforts to empower Western executives — TikTok is implementing drastic leadership changes that pull the video app closer to the orbit of its parent ByteDance … | Sabrina Ortiz / ZDNET: |
Anthropic says Claude's memory feature, initially available for Team and Enterprise users, is rolling out to Pro and Max subscribers — ZDNET's key takeaways — Anthropic Pro and Max subscribers have access to Memory. — The feature creates a more intuitive experience with AI that knows you.| Juby Babu / Reuters: |
OpenAI, Oracle, and Vantage Data Centers plan to build a data center in Wisconsin called Lighthouse, costing $15B+ and set to open in 2028, as part of Stargate — OpenAI, along with Oracle (ORCL.N) and Vantage Data Centers, will develop a data center campus in Wisconsin, as part of the Stargate project … | Tabby Kinder / Financial Times: |
Data center startup Crusoe raised $1.4B led by Mubadala and Valor, more than tripling its valuation to $10B+ in one year and taking its total funding to $3.9B — Infrastructure provider to OpenAI triples its valuation to $10bn in a year — Data centre start-up Crusoe has raised $1.4bn …
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| Bryce Elder / Financial Times: |
| Kif Leswing / CNBC: |
| Kate Clark / Bloomberg: |
| Todd Bishop / GeekWire: |