Techmeme
September 14, 2023, 12:28 PM

Top News

CNBC:
Arm opens up 10% to ~$56 in its Nasdaq debut, valuing the company at $59.9B, after pricing shares at the upper end of its expected $47 to $51 range  —  - Arm Holdings has started trading on the Nasdaq under the ticker “ARM.”  —  SoftBank CFO Yoshimitsu Goto and Arm Holdings CEO Rene Haas pose …
William Turton / Bloomberg:
Sources: Caesars Entertainment paid tens of millions of dollars to hackers who breached the company's systems in recent weeks and threatened to release its data  —  - Hackers stole data, extorted company, people familiar said  — Caesars breach came in weeks before MGM announced cyberattack
Suzanne Rowan Kelleher / Forbes:
Kat Bailey / IGN:
Unity acknowledges “the confusion and frustration” around its planned install fees but argues that “more than 90% of our customers will not be affected”  —  Platform holder claims “90 percent of users” won't be affected by change.  —  Game developers are still furious …
Jez Corden / Windows Central:
Bloomberg:
How Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son, Sam, and provided a halo effect for FTX before its implosion  —  Joseph Bankman and Barbara Fried, both renowned Stanford scholars, opened doors for their son and provided a halo effect for his company.
Helene Braun / CoinDesk:
Monica Chin / The Verge:
HP unveils the $5,000+ Spectre Fold, an OLED foldable PC that can be used as a 17-inch tablet, a 17-inch laptop, or a 12.3-inch laptop and weighs less than 3lbs  —  Over the past few years, companies across the PC space have been engaged in a slow, but steady race to build a foldable laptop that people might actually want to buy.
Sam Rutherford / Engadget:
Hands-on with the HP Spectre Fold: a striking design, slim bezels, a 17-inch 2560 x 1920 OLED display, an 8.5mm body, an Intel i7-1250U, 16GB of RAM, and more  —  HP's first “3-in-1” is incredibly sleek but can it live up to that price?  —  Senior Writer, Reviews
Sarah Perez / TechCrunch:
Amazon expands its search and discovery mobile features, like multimodal search and Find-on-Amazon, which lets users find similar products to those in a photo  —  Amazon is introducing new features that make it easier to search for products on mobile and is challenging other product search engines …
More: About Amazon
Wall Street Journal:
The US Senate's AI Insight Forum: Elon Musk warned of AI risks, Mark Zuckerberg defended open source, all guests agreed the US needs to regulate AI, and more  —  Tech leaders debate perils and possibilities of artificial intelligence at closed-door Senate session
Alex Wilhelm / TechCrunch:
Databricks raised a $500M+ Series I at a $43B valuation, after raising $1.6B at a $38B valuation in August 2021, before a possible IPO, and reports 10K+ clients  —  Data analytics and AI software maker Databricks has raised a Series I round worth more than $500 million, earning a valuation of $43 billion.
Taylor Lorenz / Rolling Stone:
Extremely Online book excerpt: how Julia Allison invented the concept of a content creator in the mid-2000s, for which journalists and others villainized her  —  In her book ‘Extremely Online,’ journalist Taylor Lorenz details how Julia Allison invented the concept of being a content creator a decade before it caught on
Alex Ivanovs / Stack Diary:
Chrome, Firefox, Brave, and Edge get updates to address an actively exploited flaw in the WebP Codec's library libwebp; many non-browser apps are also affected  —  A significant vulnerability in the WebP Codec has been unearthed, prompting major browser vendors, including Google and Mozilla …
Washington Post:
Day two of Google's trial: Apple complained the DOJ may have violated confidentiality rules, after the DOJ said Google paid Apple $4B to $7B for search in 2020  —  Protection of trade secrets versus transparency has been a major debate between Google and activists in the case
Nicole Nguyen / Wall Street Journal:
Google plans to offer Chromebook software updates for up to 10 years, starting in 2024, so no current device expires within the next two years, to help schools  —  With the change, no existing Chromebook will have to expire within the next two years  —  Google is working to push …

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More News

Tyler Cowen / Bloomberg:
Mariana Lenharo / Nature:

Earlier Picks

Bloomberg:
Sarah Perez / TechCrunch:
Louise Matsakis / Semafor:
Reuters:
Justine Calma / The Verge: