| Reuters: |
EU lawmakers push forward an AI Act draft, which includes requiring companies deploying generative AI tools to disclose copyrighted material used for training — Companies deploying generative AI tools, such as ChatGPT, will have to disclose any copyrighted material used to develop their systems … | Kelvin Chan / Associated Press: |
ChatGPT is again available in Italy, after OpenAI met data watchdog's demands, including a form for EU users to object to having their data used for training — ChatGPT's maker said Friday that the artificial intelligence chatbot is available again in Italy after the company met the demands … | Stephen Graves / Decrypt: |
Bluesky is seeing an influx of users, including @dril and AOC, with some referring to posting on the Jack Dorsey-backed social network as “skeeting” — Instead of “tweeting,” the influx of new Bluesky users has coined a new term for sharing their thoughts on the decentralized social media app.| New York Times: |
Sources: Elon Musk shut off OpenAI's access to Twitter's data in December, believing that $2M a year licensing fee that OpenAI was paying wasn't enough — The billionaire plans to compete with OpenAI, the ChatGPT developer he helped found, while calling out the potential harms of artificial intelligence.| Madhumita Murgia / Financial Times: |
A look at Google's DeepMind-Brain merger; sources say Demis Hassabis ceded DeepMind's cherished independence in return for greater power over the future of AI — Start-up founder Demis Hassabis trades independence for greater influence over the future of artificial intelligence| Joyce E. Cutler / Bloomberg Law: |
Ex-HeadSpin CEO Manish Lachwani pleads guilty to securities and wire fraud charges for disseminating false and overstated revenue metrics to potential investors — Manish Lachwani, who co-founded and led Silicon Valley startup HeadSpin Inc., pleaded guilty Thursday to securities and wire fraud charges, federal prosecutors said.| Olga Kharif / Bloomberg: |
A US federal judge orders South Africa-based bitcoin pool operator Mirror Trading's CEO to pay $3.4B after CFTC charged the company with a $1.7B fraud in 2022 — A US judge has ordered a South African executive to pay more than $3.4 billion in restitution and fines for a fraud scheme involving Bitcoin … | Ellen Huet / Bloomberg: |
Clubhouse plans to lay off 50%+ of its employees and “reset” the company, despite claiming to have “years of runway”; Clubhouse had ~100 staff in October 2022 — Clubhouse, the pandemic-era social media sensation, is cutting more than half of its employees, the company said in a blog post on Thursday.| Steve Dent / Engadget: |
Sony reports Q4 revenue up 30% YoY to ~$22.7B, and 6.3M PS5 sales, up from 2M YoY; Sony has sold 19.1M PS5s in FY 2022 and 38.4M PS5s in total since launch — Now that it's solved its supply shortages, Sony is seeing a lot of pent-up demand for PlayStation 5 consoles.| Bloomberg: |
The New York City MTA ends its Twitter service alerts, saying the platform is “no longer reliable” and that Twitter demanded $50K per month for API access — New York City's mass-transit system is ending its real-time service alerts on Twitter for subway, train and bus riders … | Ben Schoon / 9to5Google: |
Google TV rolls out its free built-in channels to all US users and adds offerings from Plex, Haystack News, and Tubi, for a total of 800+ free channels — After being announced earlier this month, Google TV is now widely rolling out its free, built-in streaming channels to all users alongside free channels from other providers.| Jess Weatherbed / The Verge: |
The US sentences ex-Apple worker Dhirendra Prasad to three years and orders him to pay $19M+ for stealing ~$17M from Apple via parts supplier kickbacks and more — A former Apple employee has been sentenced to three years in prison and must pay back over $19 million in restitution … | Ivan Mehta / TechCrunch: |
Reddit begins testing Discord-like chat channels in 25 volunteer subreddits with fewer than 100K members and plans to let moderators manage chat functionality — Reddit announced Thursday that it is testing Discord-like chat channels with select subreddits.| Financial Times: |
A profile of Sarah Cardell, the UK CMA's CEO who played a key role in shaping the mergers policy that led to the agency blocking Microsoft's Activision takeover — Former corporate lawyer has attracted the ire of the US group by blocking its $75bn acquisition of Activision| Cecilia D'Anastasio / Bloomberg: |
| Annie Palmer / CNBC: |
Amazon reports Q1 ad revenue up 21% YoY to $9.5B, vs. $9.1B est., subscription revenue up 15% YoY to $9.7B, and North America segment sales up 11% YoY to $76.9B — - Amazon reported first-quarter sales on Thursday that beat analysts' estimates. — The stock fell in extended trading … | Amazon: |
| Emily Bary / MarketWatch: |
Pinterest Q1: revenue up 5% YoY to $603M, vs. $594M est., MAUs up 7% YoY to 463M, vs. 454.6M est., and Q2 growth forecast below estimates; PINS drops 14%+ — Pinterest's subscriber metrics top expectations in latest quarter — Pinterest Inc. topped earnings, revenue and subscriber expectations Thursday … | Sarah Perez / TechCrunch: |
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| Aoyon Ashraf / CoinDesk: |
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| Rohan Goswami / CNBC: |
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