Techmeme
March 29, 2024, 6:05 AM

Top News

Reuters:
A US judge sentences Sam Bankman-Fried to 25 years in prison for stealing from users of his now-bankrupt FTX crypto exchange and orders him to forfeit $11B+  —  Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers …
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Joe Rossignol / MacRumors:
Apple sues an ex-employee for allegedly leaking details about the Journal app and more to journalists, to “kill” products and features with which he took issue  —  Apple this month sued its former employee Andrew Aude in California state court, alleging that he breached …
Kurt Wagner / Bloomberg:
A researcher finds that X is testing a feature that lets users create or join communities focused on “adult content” or other “not safe for work” material  —  - Screenshots show that people can label communities as ‘NSFW’  — X already allows adult content, but forbids ads on the topic
Mark Gurman / Bloomberg:
Sources: Apple plans to launch new iPad Pro and iPad Air models in early May; iPad Pros will get OLED displays, while iPad Air will get a 12.9" screen option  —  - Company's tablet line hasn't been updated in about 18 months  — Latest iPad Pro will get OLED; Air will have new screen size
Jonathan Vanian / CNBC:
Reddit shares plunge almost 25% in two days, after soaring 30% on Monday, and finish the week at $49.30, below the first trading day close of $50.44  —  The trading floor of the New York Stock Exchange prepares for the social media platform Reddit's initial public offering in New York City on March 21, 2024.
Emma Roth / The Verge:
Sam Kim / Bloomberg:
South Korean national statistics data: chip output grew 65.3% YoY in February 2024, the most since late 2009, with demand for AI-related memory driving growth  —  - Chip exports continue to grow, boosting optimism for economy  — High-performance memory chips supplied to Nvidia among drivers
Aisha Malik / TechCrunch:
YouTube now lets creators share exclusive Shorts with paying viewers, says Shorts average 70B+ daily views and 25%+ of creator partners monetize via Shorts  —  YouTube is launching a version of Shorts that's only for members, allowing creators to share short-form videos exclusively with their paying viewers.
Kyle Wiggers / TechCrunch:
AI21 Labs launches Jamba, an AI model that integrates two architectures: transformer and Mamba, which is based on the Structured State Space model  —  Increasingly, the AI industry is moving toward generative AI models with longer contexts.  But models with large context windows tend to be compute-intensive.
Yuvraj Malik / Reuters:
In a lawsuit, four Canadian school boards seek damages of CA$4B+ from Meta, Snap, and TikTok for allegedly causing learning and mental health crises in students  —  Four Canadian school boards have sought more than C$4 billion ($2.96 billion) in damages from social media firms such as Meta Platforms …
Washington Post:
Scammers are using sample videos of influencers with modest social media presence to create AI deepfake ads that often push offensive products and ideas  —  Artificial intelligence is spurring a new type of identity theft — with ordinary people finding their faces and words twisted to push often offensive products and ideas
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Gaby Del Valle / The Verge:
NYC is partnering with Evolv, a weapons detection company that has faced scrutiny over its machines' accuracy, to test AI-based gun detectors on the subway  —  Evolv, the company supplying the scanners, is being investigated by both the FTC and SEC. … Adams' announcement comes one week …

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Bloomberg:
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Wired:
New York Times:
Emilia David / The Verge:
Rebekah Valentine / IGN: