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June 13, 2023, 1:30 PM
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| Ryan Browne / CNBC: |
AI video generation startup Synthesia raised a $90M Series C at a $1B valuation, led by Accel with Nvidia participating, and works with 35% of the Fortune 100 — - Artificial intelligence-based video generation platform Synthesia has raised $90 million from investors, the company told CNBC exclusively.
More: Business Wire, FinSMEs, Reuters, Coinspeaker, Tech.eu, UKTN, and The Decoder. Tweets: @mhbergen
| Mark Savage / BBC: |
Paul McCartney says a sound editor used AI to “extricate” John Lennon's voice from an old demo to create “the final Beatles record”, slated for release in 2023 — Sir Paul McCartney says he has employed artificial intelligence to help create what he calls “the final Beatles record”.
More: BBC, The Guardian, The Verge, Ars Technica, Decrypt, TechCrunch, ZDNet, Dexerto, Engadget, Forbes, New York Times, Deadline, iPhone in Canada Blog, Gizmodo, IGN, WRAL TechWire, SlashGear, Rolling Stone, ET Canada, Variety, New York Post, NBC News, Billboard, Hollywood Reporter, Music Ally, Wall Street Journal, CNBC, Mashable, Tech Xplore, Associated Press, Insider, Consequence, and WHDH 7News
| Vishal Chawla / The Block: |
The SDNY releases documents showing a former SEC director suggested ether and bitcoin were not securities in 2018, which crypto advocates say undermines the SEC — - Certain documents related to former SEC director William Hinman have been released in the SEC's lawsuit against Ripple Labs.| Biz Carson / Bloomberg: |
In a first, Larry Ellison passes Bill Gates to become the world's fourth-richest person with a $129.8B net worth; ORCL has risen 42% in 2023 on the AI boom — The optimism around artificial intelligence boosted both Oracle Corp.'s stock — and founder Larry Ellison's net worth — to record highs on Monday.| Casey Newton / Platformer: |
Reddit's API pricing changes stem from LLMs driving up the value of the site's data, an upcoming IPO, and third-party apps generating no revenue for the company — As it moves to shut down third-party apps, the site's self-governing ethos comes back to haunt it — I.
More: The Verge, Stratechery, NBC News, International Business Times, TechCircle, TechSpot, TweakTown, Social Media Today, Decrypt, The Guardian, TheGamer, CNN, Android Central, CNBC, and The Verge
Bluesky: @nohomers.bsky.social. Mastodon: @MikeRiverso@mastodon.social. Tweets: @caseynewton, @sarthakgh, @tiagodf, @sarthakgh, @alextcone, @yoda, and @rayredacted
| Alexa Corse / Wall Street Journal: |
Internal memo: Twitter CEO Linda Yaccarino tells employees that the platform is “on a mission to become the world's most accurate real-time information source” — Linda Yaccarino, who joined company last week, describes her mission to employees
More: The Verge, Insider, Gizmodo, BBC, Fortune, gHacks Technology News, Android Headlines, Coinspeaker, Tech.co, Gizchina, Livemint, MarketWatch, Techlusive, The Information, Neowin, BGR, CoinGape, Insider, CNBC, Variety, Insider, and Deadline
LinkedIn: Rob Chesnut. Bluesky: @djcentos7.bsky.social. Tweets: @lindayacc, @lindayacc, @lindayacc, @lindayacc, @lindayacc, @scottbudman, @joserosado, @keithedwards, @mehdirhasan, @juansaaa, @zaleskiluke, @lindayacc, @patricklenton, @jamespmanley, @kremlintrolls, @tylerhower, and @sarahfrier
| Reuters: |
Jack Dorsey says India threatened to shut down Twitter unless the company complied with orders during the farmer protests, a claim India calls an “outright lie” — Twitter was threatened with shut down in India, Nigeria and Turkey unless it complied with orders to restrict accounts …
More: Breaking Points on YouTube, International Business Times, Insider, Inside Bitcoins, Livemint, The Hindu, The News Minute, Reuters, Nikkei Asia, The Wire, The Indian Express, Newslaundry, CoinGape, Livemint, Hindustan Times, Times of India, BloombergQuint, BBC, Techlusive, Bloomberg, and TechCrunch
Tweets: @rajeev_goi, @esaagar, @journoviv, @titterdaily, @bendobrown, @krystalball, @alx, and @kantrowitz
| Ivan Mehta / TechCrunch: |
YouTube lowers its Partner Program monetization requirements, including creators needing 500 subscribers, not 1,000, and just 3K watch hours or 3M Shorts views — YouTube is lowering the requirements for creators to get access to monetization tools under the YouTube Partner Program (YPP).
More: YouTube Official Blog, The Verge, PCMag, 9to5Google, Fortune, Google Help Center, TechRadar, Search Engine Journal, SlashGear, Android Headlines, TweakTown, ICYMI, and TizenHelp
Tweets: @youtubeliaison, @mws, @timfullerton, @mws, and @reneritchie
| Steven Levy / Wired: |
Q&A with Satya Nadella on the “eureka moment” for generative AI, OpenAI, helping anyone become a developer, pausing AI development, Bing's relevancy, and more — The CEO can't imagine life without artificial intelligence—even if it's the last thing invented by humankind.
More: OnMSFT.com
| Wall Street Journal: |
Sources: Microsoft and OpenAI's unusual deal created conflict and confusion, including over transparency, sales pitches, and Microsoft's spending on in-house AI — As the companies lead the AI boom, their unconventional arrangement sometimes causes conflict| Sam Kessler / CoinDesk: |
Uniswap Labs details Uniswap v4, the next version of the decentralized exchange, and invites feedback; Uniswap v3 launched in 2021 and has processed over $1T — The biggest decentralized crypto exchange is opening its development process to the public for the first time as the SEC cracks down on its centralized competitors.
More: Uniswap Protocol, The Block, GitHub, Decrypt, nft now, crypto.news, Watcher Guru, NewsBTC, Cointelegraph, and CoinJournal
Tweets: @uniswap, @matthuang, @uniswap, @mayazi, @uniswap, and @timccopeland
| CNBC: |
The US FTC files for a temporary restraining order and preliminary injunction to block Microsoft's Activision Blizzard acquisition, announced in January 2022 — - The FTC on Monday filed a temporary restraining order and preliminary injunction seeking to block Microsoft's proposed acquisition of Activision Blizzard.
More: The Verge, United States District Court, Northern District of California, Reuters, Wall Street Journal, Associated Press, Bloomberg, The Hill, CNN, HotHardware, PCWorld, GamesIndustry.biz, Destructoid, Washington Post, IGN, Pocket Gamer.biz, Wccftech, Rock, Paper, Shotgun, WinBuzzer, TrueAchievements, Coinspeaker, PCMag, Silicon Republic, TechSpot, Video Games Chronicle, CNET, Gamereactor UK, GeekWire, SlashGear, Seattle Business Journal, Push Square, PC Games Insider, Thurrott, SiliconANGLE, Twinfinite, Dot Esports, Gizmodo, Press Start, Financial Times, TechCrunch, The Information, Eurogamer.net, and OnMSFT.com
LinkedIn: Ulysse Isnardi. Tweets: @bradsmi, @fosspatents, @fosspatents, @fosspatents, @deeketweak, @deeketweak, @lulumeservey, @stephentotilo, @matthewstoller, @matthewstoller, @tomwarren, @adamnash, @danprimack, and @levie
Forums: r/news, r/XboxSeriesX, and r/Games
| Wall Street Journal: |
Sources: Netflix is in talks to livestream its first sporting event this fall, a celebrity golf tournament with professional golfers and Formula One drivers — Tournament to include celebrities from Formula One series ‘Drive to Survive’ and golf program ‘Full Swing’
More: TechCrunch, Thurrott, Neowin, TechRadar, Broadband TV News, Engadget, The Streamable, MarketWatch, The Verge, and Barron's Online
Bluesky: @mick.bsky.social and @edbott.com
Tweets: @mahemoff, @katebennett_dc, @jtoonkel, and @norock
| Ingrid Lunden / TechCrunch: |
Paris-based Mistral AI raised a €105M seed led by Lightspeed, sources say at a €240M valuation, to rival OpenAI and plans to release its first AI models in 2024 — AI is well and truly off to the races: a startup that is only four weeks old has picked up a $113 million round …
More: Financial Times and Reuters
| Molly White: |
Unpacking Coinbase's flawed talking points in its battle with the SEC, including the argument that “securities laws written in the 1930s can't apply to crypto” — Coinbase is trotting out its usual flawed arguments now that it's facing a lawsuit from the SEC, and more pushback is needed.
More: Congressman Tom Emmer, Decrypt, Bloomberg, CCN.com, Protos, Inside Bitcoins, Coinspeaker, and Forkast
Mastodon: @davidgerard@circumstances.run. Tweets: @brian_armstrong, @warrendavidson, @molly0xfff, @crypto, @hkanji, and @yugacohler. Forums: Hacker News
| Max Read / New York Times: |
How Jimmy Donaldson, aka MrBeast, became a viral sensation for his absurd acts of altruism and pitching subscribing as an act of charity, sometimes literally — Jimmy Donaldson, a.k.a. MrBeast, has become a viral sensation for his absurd acts of altruism. Why do so many people think he's evil?
More: Game Rant, Dexerto, and The Information
Tweets: @deftlyinane, @readmaxread, @kvanvalkenburg, @georebekah, and @alexnpress. Forums: Hacker News
| Financial Times: |
A look at the global network of subsea internet cables, dominated by companies from France, the US, and Japan, as China circumvents US curbs to build its own — Nearly 1.4mn kilometres of metal-encased fibre criss-crosses the world's oceans, speeding internet traffic seamlessly around the globe.
More: MIT Technology Review. Tweets: @sroach_econ, @niubi, @elinanoor, @lukolejnik, @byron_wan, @ian_bott_artist, @jimpethokoukis, @alex_callinicos, @digitalcampbell, and @thedragonfeeder
| Avram Piltch / Tom's Hardware: |
Google's Search Generative Experience seems like an “AI plagiarism engine” that cobbles together snippets of text from a variety of sites, often word-for-word — The Search Generative Experience seems more like a text-copying experience. — Search has always been the Internet's most important utility.| Sheridan Prasso / Bloomberg: |
Researchers find 10+ items on Temu in the US that were made or sold by companies in China's Xinjiang, flouting a US ban on the region known for forced labor — Products made in China's western province of Xinjiang are being sold to US consumers through the online shopping platform Temu …
More: Tech in Asia
| Washington Post: |
Google proposes a “hub-and-spoke model” for regulating AI, where existing US government agencies share the responsibility, contrasting OpenAI's new agency idea — Happy Tuesday! When it comes to newsletter puns, game recognizes game. Send news tips and dad jokes to: cristiano.lima@washpost.com.
More: CNBC
| Financial Times: |
Saudi Arabia's Savvy Games Group has spent ~$8B of its $38B war chest acquiring and building stakes in gaming companies globally in the past 18 months — Savvy shells out $8bn on deals in 18 months in rapid push to diversify revenues and acquire soft power| Dell Cameron / Wired: |
A declassified ODNI report from 2022: the US has amassed troves of “sensitive and intimate information” about Americans purchased from commercial data brokers — A newly declassified report from the Office of the Director of National Intelligence reveals the federal government is buying troves of data about Americans.
More: Wall Street Journal, TechCrunch, Android Authority, Wccftech, Metacurity, PhoneArena, Forbes, Daily Mail, Android Headlines, CNN, Pixel Envy, and Office of the Director of National Intelligence
Tweets: @byrontau, @mikeelgan, @joshwalkos, @joshchin, @parismarx, @wsj, and @wired
Forums: Hacker News, r/Conservative, and r/LibertarianUncensored
| Allison Johnson / The Verge: |
Nothing plans to release the Nothing Phone 2 on July 11, offering a Snapdragon 8 Plus Gen 1 chip and bigger battery, widely available in the US — We knew that the Nothing Phone 2 would arrive next month, and now we have a precise date: July 11th, a day shy of the Phone 1's first birthday.| Financial Times: |
Investor letter: Insight Partners slashes its $20B target for its latest fund to $15B, after raising just ~$2B since June 2022, citing a “great reset in tech” — New York-based venture capital firm said it will scale back the pace of its dealmaking as valuations have slumpedSponsor Posts
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