| Jon Porter / The Verge: |
The European Commission issues a preliminary antitrust complaint against Google over its ad business, suggesting breaking up the unit; Google can now reply — The European Commission has made a formal antitrust complaint against Google and its ad business, saying that its preliminary view is that … | Adam Satariano / New York Times: |
The European Parliament passes the AI Act, which would curtail facial recognition, mandate data disclosures, and more; a final version should pass later in 2023 — A draft law in the European Parliament has become the world's most far-reaching attempt to address the potentially harmful effects of artificial intelligence.| BBC: |
Margrethe Vestager says discrimination, not extinction, is a more pressing concern for AI due to training models and “guardrails” are needed to counter bias — Discrimination is a more pressing concern from advancing artificial intelligence than human extinction, says the EU's competition chief.| Jay Peters / The Verge: |
As over 8,000 subreddits go dark, Google's results, which often improve when adding “reddit” to the search, have suffered — Over 8,000 subreddits have gone dark to protest Reddit's upcoming API changes, and it's shown me just how much I rely on Reddit to find useful, human-sounding information in my Google search results.| Jay Peters / The Verge: |
| Stephen Nellis / Reuters: |
Amazon VP of EC2 Dave Brown says AWS is considering using AMD's new MI300 chips and declined to use Nvidia's DGX Cloud chips; Oracle is Nvidia's first partner — Amazon Web Services (AMZN.O), the world's largest cloud computing provider, is considering using new artificial intelligence chips … | Forbes: |
A profile of Guangying “Heina” Chen, a mysterious associate of Binance CEO Changpeng Zhao who appears repeatedly in the SEC's lawsuit against the exchange — CEO Changpeng “CZ” Zhao's mysterious associate Guangying Chen emerges as a key player in his company's operations … | New York Times: |
A US federal judge asks the SEC and Binance to strike a compromise over the Binance.US asset freeze, while criticizing the SEC's use of its enforcement powers — A judge urged the Securities and Exchange Commission to reach a compromise with Binance that would allow the world's largest … | Kyle Wiggers / TechCrunch: |
OpenAI releases new GPT-3.5-turbo and GPT-4 versions that include a new “function calling” feature, and reduces the pricing of the original GPT-3.5-turbo by 25% — As the competition in the generative AI space grows fiercer, OpenAI is upgrading its text-generating models while reducing pricing.| Ashley Carman / Bloomberg: |
Spotify shifts its podcast strategy from being a sort of HBO by releasing exclusive shows to providing tools for podcast creators, similar to YouTube's model — Over the past four years, Spotify Technology SA has announced a succession of splashy deals showing off how much money it's willing … | Reuters: |
Sources: Arm discusses participating in its IPO with 10+ clients, including Intel, Apple, Alphabet, TSMC, and Samsung; any decision won't come until August — June 12 (Reuters) - SoftBank Group Corp's (9984.T) Arm is in talks with some of its biggest customers and end users about bringing … | Kenneth Chang / New York Times: |
IBM details using its 127-qubit quantum processor to simulate the behavior of 127 atom-scale bar magnets, known as the Ising model, in less than a millisecond — A quantum computer came up with better answers to a physics problem than a conventional supercomputer.| Jay Peters / The Verge: |
A US court issues a temporary restraining order preventing Microsoft's Activision Blizzard acquisition and sets an evidentiary hearing for June 22 and 23, 2023 — A federal court has issued a temporary restraining order that will prevent Microsoft from closing its $68.7 billion deal to acquire Activision Blizzard — at least for now.| Sergiu Gatlan / BleepingComputer: |
US and international cybersecurity authorities say the LockBit ransomware gang extorted ~$91M in the US since 2020, following approximately 1,700 attacks — U.S. and international cybersecurity authorities said in a joint LockBit ransomware advisory that the gang successfully extorted roughly … | Axios: |
Sens. Josh Hawley and Richard Blumenthal introduce a bill denying Section 230 protections for generative AI content; experts are split on whether §230 applies — Sens. Josh Hawley and Richard Blumenthal want to clarify that the internet's bedrock liability law does not apply to generative AI … | Nic Newman / Reuters Institute: |
Reuters' 2023 Digital News Report: despite social media fragmentation, users' dependence on platforms for news keeps growing; Facebook drops and TikTok grows — This year's report comes against the backdrop of a global cost-of-living crisis, a continuing war in the heart of Europe, and further climate instability across the world.| Chris Plante / Polygon: |
Q&A with Phil Spencer on AI in games, using Xbox player data and ML, Game Pass lessons, “living games”, games built within Minecraft, looking to 2024, and more — Phil Spencer talks with Polygon about the future of living games, Xbox's huge 2024, AI, and more| Dan Seifert / The Verge: |
Amazon Fire Max 11 review: cheap, nice screen, and decent stylus, but anemic app store, very limited multitasking, cramped aspect ratio, and bad trackpad — The Fire Max 11 has the most advanced and refined hardware of any Amazon tablet yet. But it is held back by the same old problems.| Dan Goodin / Ars Technica: |
Researchers steal encryption keys stored in smart cards and smartphones by video recording the devices' power LEDs, with some significant real-world limitations — Key-leaking side channels are a fact of life. Now they can be done by video-recording power LEDs.| Thomas Seal / Bloomberg: |
Vodafone and Three agree to merge, forming the UK's largest mobile network, pending months of regulatory review, and take on £6B in debt; Vodafone would own 51% — Vodafone Group Plc and CK Hutchison Holdings Ltd. agreed to combine their UK mobile businesses in a deal that will create … | Nicole Carpenter / Polygon: |
Swedish gaming conglomerate Embracer Group plans to close multiple studios, cancel several games, and lay off staff, after a $2B deal unexpectedly fell through — Embracer Group has close to 17,000 employees over more than 100 studios, many of which were acquired over the past few years| Sayan Chakraborty / Nikkei Asia: |
Peak XV head Shailendra Singh says the Sequoia split lets the India and Southeast Asia-focused firm pursue US deals in sectors like AI while avoiding conflicts — Split with American parent eliminates potential conflicts in hot sectors like AI — Managing Director Shailendra Singh … | River Davis / Wall Street Journal: |
A look at Japanese ride-hailing app Go, which controls ~75% of the local market, as some taxi operators say founder Ichiro Kawanabe pushed them to avoid Uber — Challenge in Japan shows how local operators can derail ride-hailing app's overseas ambitions — TOKYO—Uber has been outmaneuvered … | James Cirrone / Blockworks: |
After Apple threatened an App Store delisting, Nostr-based social media app Damus says Apple requires removing bitcoin tipping on posts but not on user profiles — Damus creator William Casarin told his followers on the app that Apple would allow zaps, just with a slight tweak| Ingrid Lunden / TechCrunch: |
Cloud data management company Informatica acquires London-based data access controls startup Privitar, which has raised $150M+ and was valued at $400M+ in 2020 — One of the recurring themes in the area of enterprise IT these days is consolidation, and today we're getting another dose of it in the area of enterprise data management.| Marnie Munoz / Bloomberg: |
Study: US cyber insurance premiums surged 50% in 2022, due to ransomware attacks and online commerce, as policy holders claimed $7.2B, up 3x in three years — US cyber insurance premiums surged 50% in 2022 as increased ransomware attacks and online commerce drove demand for coverage.| Clothilde Goujard / Politico: |
The Irish DPC says Google must delay Bard's EU launch because the company has given insufficient info about how the AI tool would respect EU data privacy rules — The Irish privacy watchdog said the tech giant has given insufficient information about how it will respect the EU's data privacy rules.
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