| 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 the data — - Hackers stole data, extorted company, people familiar said — Caesars breach came in weeks before MGM announced cyberattack| Suzanne Rowan Kelleher / Forbes: |
| Dan Primack / Axios: |
Arm prices its 95.5M shares at $51 a piece, raising $4.87B in 2023's largest IPO so far and giving the company a fully diluted valuation of ~$54.5B — Arm, the British chip design giant controlled by SoftBank, has raised nearly $5 billion in its initial public offering.| Kat Bailey / IGN: |
Unity acknowledges the “confusion and frustration” about 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: |
A US judge says FTX can now sell, stake, and hedge its crypto holding, estimated to be worth $3.4B+, including $1.16B in solana, to repay creditors — Lawyers of FTX had submitted a filing with the U.S. Bankruptcy Court for the District of Delaware, asking for permission to sell … | Monica Chin / The Verge: |
HP unveils the Spectre Fold, a foldable PC that can be used as 17-inch tablet or laptop, or as a 12.3-inch laptop, weighing under 3lb, starting at $5,000 — 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 very striking design, slim bezels, a 17-inch 2560 x 1920 OLED display, 8.5mm thin, 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| 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 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 … | Bloomberg: |
Lenders allege that Indian edtech giant Byju's hid $533M in an obscure three-year-old hedge fund that once said it was based out of an IHOP restaurant in Miami — - New lender suit seeks to recover cash from Camshaft Capital — Hedge fund was founded just three years ago, lenders say| Alex Wilhelm / TechCrunch: |
Databricks raised a $500M Series I at a $43B valuation, after raising $1.6B at a $38B valuation in August 2021, ahead of an IPO, and reports 10K+ customers — Data analytics and AI software maker Databricks has raised a Series I round worth more than $500 million, earning a valuation of $43 billion.| Bloomberg: |
Sources: Microsoft's proposal to unbundle Teams did not satisfy the concerns of EU antitrust regulators, who are readying a formal complaint against the company — Microsoft's recent proposal to split its Teams from a broader business software package and sell it to customers separately … | Washington Post: |
Sources: Israeli PM Benjamin Netanyahu plans to fly to the US to meet Elon Musk, the latest attempt by Musk allies to stave off X's growing antisemitism crisis — The meeting with the Israeli prime minister is the latest effort by Musk friends and colleagues to head off a growing battle with the Anti-Defamation League| 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| Kyle Wiggers / TechCrunch: |
Pixis, which sells AI tools for marketing campaigns, raised an $85M Series C1 led by Touring Capital, taking its total funding to $209M, and reports $50M in ARR — Pixis, an AI-powered platform for brands to monitor and orchestrate their marketing campaigns, today announced that it raised $85 million … | Sarah Perez / TechCrunch: |
Amazon expands its search and discovery features, including 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 … | 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| Louise Matsakis / Semafor: |
Google cuts hundreds from its global recruiting team, saying “the volume of requests for our recruiters has gone down”, but plans to keep a significant majority — Google is laying off hundreds of people across its global recruiting team as hiring at the tech giant continues to slow.
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| Mariana Lenharo / Nature: |
| Bloomberg: |
| Sarah Perez / TechCrunch: |
| Isaac Schorr / Mediaite: |
| Reuters: |
| Justine Calma / The Verge: |