| The Verge: |
Staff memo: Reddit's CEO says “like all blowups on Reddit, this one will pass”, new moderation tools are vital, wearing Reddit gear in public is risky, and more — In an internal memo sent Monday afternoon to Reddit staff, CEO Steve Huffman addressed the recent blowback directed at the company … | Jay Peters / The Verge: |
Over 300 subreddits, including r/aww, r/music, and r/videos, plan to extend their protests indefinitely; 8,400+ have now gone private or into a restricted mode — / ‘More is needed for Reddit to act.’ — Moderators of many Reddit communities are pledging to keep their subreddits private or restricted indefinitely.| The Verge: |
Q&A with Apollo developer Christian Selig on Reddit's API pricing changes, the company refusing to negotiate, why he can't simply charge users more, and more — 'Reddit has plugged its ears and refuses to listen to anybody but themselves. And I think there's some very minor concessions … | Nicole Carpenter / Polygon: |
Swedish gaming conglomerate Embracer Group plans to close multiple studios, cancel games, and cut 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| 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.| James Cirrone / Blockworks: |
After Apple threatened App Store delisting, Nostr-based social media app Damus must remove bitcoin tipping on posts but can keep the button on profiles — Damus creator William Casarin told his followers on the app that Apple would allow zaps, just with a slight tweak| Steven Levy / Wired: |
Q&A with Satya Nadella on his generative AI “eureka moment”, OpenAI, helping anyone with a phone become a developer, pausing AI work, Bing's relevancy, and more — The CEO can't imagine life without artificial intelligence—even if it's the last thing invented by humankind.| 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 … | Bloomberg: |
Databricks reports annual revenue jumped 60%+ to $1B in the fiscal year to January 2023 and plans to acquire Rubicon, an AI storage system startup — Databricks Inc. said it generated $1 billion in annual revenue and has diversified its business with new products and tools for artificial intelligence.| 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.| 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 … | Ivan Mehta / TechCrunch: |
Google rolls out its June 2023 Pixel update, adding new safety features, a hands-free photo capture gesture, Pixel Watch oxygen saturation monitoring, and more — Google announced the June Pixel Drop today with features like the ability to schedule a safety check with Google Assistant … | Mike Wheatley / SiliconANGLE: |
Meta details I-JEPA, a computer vision model that uses common sense world knowledge to create more accurate images, avoiding errors like hands with extra digits — Artificial intelligence researchers from Meta Platforms Inc. say they're making progress on the vision of its Chief AI Scientist Yann LeCun … | 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.| Hassan Mujtaba / Wccftech: |
AMD unveils its EPYC Bergamo CPUs, offering up to 128 Zen 4C cores for cloud-native servers and data center platforms — AMD's EPYC Bergamo CPUs break official ground today, offering up to 128 Zen 4C cores to cloud and data center servers. The Bergamo chips are designed to offer higher density in an efficient chip package.| Ryan Smith / AnandTech: |
| The Verge: |
As Microsoft aims to be carbon negative by 2030, a review finds 14 out of 27 of the company's top production suppliers have increased their emissions since 2020 — The Verge reviewed dozens of emissions reports from Microsoft's suppliers and found some of them power their entire operations with fossil fuels.| Anissa Gardizy / The Information: |
Source: Rob Bearden, CEO of Cloudera, told employees he is stepping down, two years after KKR and CD&R acquired the data management software company for ~$5.3B — Rob Bearden, the CEO of Cloudera, told employees in a virtual town hall meeting on Tuesday that he is stepping down, according to someone with direct knowledge.| Ryan Browne / CNBC: |
London-based AI video generation startup Synthesia raised a $90M Series C at a $1B valuation led by Accel; Nvidia, Kleiner Perkins, GV, and others also invested — - Artificial intelligence-based video generation platform Synthesia has raised $90 million from investors, the company told CNBC exclusively.| Ingrid Lunden / TechCrunch: |
Tel Aviv-based Kodem, which uses runtime intelligence to find and mitigate application security risks, emerges from stealth with a $7M seed and an $18M Series A — A new startup is entering the fray in the market of application security: Kodem, a company out of Israel founded by a team … | 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.| James Vincent / The Verge: |
Stack Overflow survey of ~90K developers in 185 countries: 70% use or plan to use AI coding tools in 2023; only 3% “highly trust” and 39% “somewhat trust” them — A survey of developers by coding Q&A site Stack Overflow has found that AI tools are becoming commonplace …
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| Sam Kessler / CoinDesk: |
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