| Yogita Khatri / The Block: |
Tether plans to invest up to 15% of its profits in bitcoin, as the stablecoin developer shifts its reserves toward crypto and away from US government debt — - Tether is set to purchase bitcoin on a regular basis from its profits. — It held $1.5 billion in bitcoin as of the end of the first quarter … | Jess Weatherbed / The Verge: |
Logitech partners with iFixit to help with DIY repairs, supplying spare parts, batteries, and guides for select Logitech hardware starting this summer in the US — / Official spare parts, batteries, and repair guides for select Logitech hardware will be available through iFixit starting ‘this summer.’| Ryan Weeks / The Block: |
Ripple acquires Switzerland-based digital asset custody startup Metaco for $250M in cash and stock and plans to keep the brand and founder Adrien Treccani — David Paul Morris/Bloomberg via Getty Images — Crypto payments firm Ripple shelled out $250 million for Swiss custody startup Metaco.| Nikhilesh De / CoinDesk: |
| Jennifer Elias / CNBC: |
Docs: Google plans to use its AI models for ads, customer service, and to help YouTube creators, and it is working on an internal Stable Diffusion-like product — - Google has approved several ad-related artificial intelligence projects to help advertisers and YouTube creators, internal documents show.| Sarah Perez / TechCrunch: |
Amazon announces the new $40 semi-circle design Echo Pop, updates the $90 Echo Show 5, $100 Echo Show 5 Kids Edition, $50 Echo Buds, expands Echo Auto, and more — After last fall's Amazon hardware event which brought us a handful of new Echo devices, like the Dot with the clock and other minor updates … | Lawrence Abrams / BleepingComputer: |
Cybersecurity researchers and IT admins raise concerns over Google's new .zip and .mov TLDs, warning that threat actors could use them for phishing and malware — Cybersecurity researchers and IT admins have raised concerns over Google's new ZIP and MOV Internet domains … | Chris Welch / The Verge: |
Beats Studio Buds+ review: better sound, ANC, battery, and calls, but ANC lags AirPods Pro 2, no wireless charging, and lacks some of Apple's ecosystem tricks — With better sound, improved noise cancellation, and a standout translucent design, these are everything the original Beats Studio Buds should've been.| Laura Cooper / Wall Street Journal: |
Sources: private equity firms Francisco Partners and TPG are working together on a $5B+ bid to acquire observability software company New Relic — Buyout firms Francisco Partners, TPG team up in $5 billion-plus bid — Private-equity firms Francisco Partners and TPG are working together … | Michelle Faverio / Pew Research Center: |
Survey: 60% of Americans who used Twitter in the past year have taken a break from the social network; 25% say they are not likely to use Twitter in a year — A majority of Americans who have used Twitter in the past year report taking a break from the platform during that time … | The Information: |
Sources: Snowflake is in advanced talks to buy Neeva and aims to offer AI tools to help companies search internal data; Neeva also shopped itself to Databricks — Database software provider Snowflake has been in advanced talks to acquire Neeva, a search startup founded by former top Google … | Jonathan Greig / The Record: |
Symantec says the advanced persistent threat Lancefly used custom malware to attack Asian governments, telcos, and other organizations from mid-2022 to Q1 2023 — A government-backed hacking group known as “Lancefly” has been seen using custom-made malware to attack governments, telecoms and other organizations across Asia.| Stephanie Bodoni / Bloomberg: |
Sources: the Irish DPC is set to hand Meta a record EU privacy fine and order the company to stop all data transfers to the US that rely on certain clauses — Facebook owner Meta Platforms Inc. is set to be handed a record European Union privacy fine eclipsing a €746 million ($809 million) penalty doled out to Amazon.com Inc..| Anna Tong / Reuters: |
A poll of 4,415 US adults finds that 61% believe AI could threaten civilization and 66%+ are concerned about negative effects; 70% of Trump voters are concerned — The swift growth of artificial intelligence technology could put the future of humanity at risk, according to most Americans surveyed … | Jess Weatherbed / The Verge: |
Stability AI releases StableStudio, an open-source version of DreamStudio, its commercial interface for the company's text-to-image Stable Diffusion model — Stability AI is releasing an open-source version of DreamStudio, a commercial interface for the company's AI image generator model, Stable Diffusion.| Peter Landers / Wall Street Journal: |
IBM plans to give $100M and Google plans to give $50M for quantum computing research to the University of Chicago and the University of Tokyo — Deal to be announced at Hiroshima G-7 summit seeks to preserve American lead in critical technology — TOKYO—IBM and Google are giving $150 million … | Kyle Bradshaw / 9to5Google: |
An update to Google's Personal Safety app for Android suggests the company plans to offer a Dashcam recording feature for Pixel phones and other select devices — Rather than needing to buy a (sometimes pricey) dedicated gadget, you should soon be able to use your Pixel (and select other Android devices) … | Reuters: |
Draft doc: European telecoms propose that companies accounting for 5%+ of a provider's peak average internet traffic help fund the rollout of 5G and broadband — Big tech companies accounting for more than 5% of a telecoms provider's peak average internet traffic should help fund the rollout … | Ivan Mehta / TechCrunch: |
Instagram adds support for GIFs in comments on posts and Reels, plans to launch a lyrics feature for Reels, and will roll out Instagram Gifts in India — On Tuesday, Mark Zuckerberg held a chat with Instagram head Adam Mosseri as part of the company launching collaboration feature on broadcast channels.| Dietrich Knauth / Reuters: |
Voyager expects users to recover ~35% of their crypto deposits as a US judge approves its liquidation plan, letting the company return ~$1.33B in crypto assets — Crypto lender Voyager Digital said Wednesday that customers will recover about 35% of their cryptocurrency deposits as the company winds … | Tech Transparency Project: |
Researchers find that YouTube recommends videos on guns and school shootings to young gamers, despite the platform's policies against “violent or gory content” — YouTube says it delivers ‘responsible’ video recommendations. But its algorithms steered accounts … | Louise Matsakis / Semafor: |
After FiscalNote, which offers data to US lobbyists, shared plans to use ChatGPT, OpenAI told the company the chatbot can only be used for grassroots campaigns — OpenAI told a leading company that provides data to Washington lobbyists and policy advocates that it can't advertise using ChatGPT for politics.| Douglas MacMillan / Washington Post: |
Investigation: some US public housing agencies use surveillance cameras with facial recognition and other AI to evict residents, sometimes for minor violations — Surveillance cameras purchased with federal crime-fighting grants are being used to punish and evict public housing residents …
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