| Javier Espinoza / Financial Times: |
The EU opens an investigation into X over hosting disinformation tied to Hamas' Israel attack and sends X a formal request for information under the DSA — Investigation is the first under the bloc's Digital Services Act and comes after letter to Musk raising concerns| Reuters: |
In a letter to Thierry Breton, X CEO Linda Yaccarino says X has removed hundreds of Hamas-linked accounts, labeled tens of thousands of posts, and more — The X social media platform has removed hundreds of Hamas-affiliated accounts and taken action to remove or label tens of thousands … | Sarah Perez / TechCrunch: |
Google updates its Search Generative Experience with the ability to generate images using prompts and to write drafts that can be customized for tone and length — Google's AI-powered search feature, SGE (Search Generative Experience), is gaining some new skills, starting today.| Ben Schoon / 9to5Google: |
Threads rolls out voice posts and a free edit button that lets users edit a post repeatedly within five minutes of sending; Threads doesn't show an edit history — Meta's Twitter competitor, Threads, is now rolling out one of its most-requested features - an edit button.| Sarah Perez / TechCrunch: |
| Sarah Wynn / The Block: |
The CFTC charges Voyager Digital co-founder Stephen Ehrlich with fraud, saying he and Voyager lied to clients and hid the crypto lender's true financial health — - Stephen Ehrlich and the firm the co-founded, Voyager Digital, lied to customers and hid the crypto lender's true financial health, according to the CFTC.| Lucas Shaw / Bloomberg: |
Netflix plans to open Netflix House, permanent stores where fans can buy clothes, eat themed food, and try live experiences, starting with two US venues in 2025 — - Its first permanent retail sites will be named ‘Netflix House’ — Initial locations in US will be followed by global expansion| New York Times: |
SBF's trial: the personal dynamics between him and his friends have become a vital component of the case, revealing how much his inner circle has turned on him — The FTX founder's criminal trial has made clear just how much his inner circle has turned against him.| Zack Abrams / The Block: |
| Jacquelyn Melinek / TechCrunch: |
| Blake Brittain / Reuters: |
Google vows to defend users of generative AI tools in Google Cloud and Workspace from copyright claims; Microsoft, Adobe, and others have made similar pledges — Google (GOOGL.O) said on Thursday that it will defend users of generative artificial-intelligence systems in its Google Cloud … | Akash Sriram / Reuters: |
| Andy Greenberg / Wired: |
Elliptic: the FTX hackers who stole $415M to $432M in crypto in November 2022 used Russia-linked money launderers in October 2023 after moving the funds in 2022 — Whoever looted FTX on the day of its bankruptcy has now moved the stolen money through a long string of intermediaries—and eventually some that look Russian in origin.| Amir Efrati / The Information: |
Sources: Sam Altman told staff that OpenAI is generating revenue at a $1.3B/year pace, implying the company now generates $100M+/month, up 30% in three months — ChatGPT maker OpenAI is generating revenue at a pace of $1.3 billion a year, CEO Sam Altman told staff this week, according to several people with knowledge of the matter.| Annie Palmer / CNBC: |
Memo: Flexport plans to cut approximately 20% of its global workforce as part of a new round of layoffs that's expected to begin on October 13 — - Supply chain software startup Flexport is laying off about 20% of its workforce, CNBC has learned. — CEO Ryan Petersen sent a memo … | Janko Roettgers / Lowpass: |
Filing: Sam Altman is the largest investor in Humane, which plans to unveil its AI Pin in November, with a 14.93% equity; Humane's two co-founders own 13% each — Sam Altman is Humane's biggest shareholder — Secretive AI hardware startup Humane is getting ready to officially unveil … | Noema: |
Today's most advanced LLMs have many flaws, but decades from now, they will be recognized as the first true examples of artificial general intelligence — Today's most advanced AI models have many flaws, but decades from now, they will be recognized as the first true examples of artificial general intelligence.| Kif Leswing / CNBC: |
Piper Sandler survey of 9,000+ US teens: 29.1% of their daily video consumption time is on YouTube, beating Netflix for the first time at 28.7%, and ~7% on Hulu — - Teenagers in the United States say they watch more video on YouTube than Netflix, according to a new survey from investment bank Piper Sandler.| Blake Brittain / Reuters: |
Filing: Caltech settles a patent lawsuit against Apple and Broadcom, after suing them in 2016 over devices with chips that allegedly infringe its Wi-Fi patents — The California Institute of Technology has reached an agreement to end a patent lawsuit against Apple (AAPL.O) and Broadcom … | Aisha Malik / TechCrunch: |
TikTok updates its $6M Effect Creator Rewards fund with lower eligibility conditions, a revamped payout model, and a lower threshold to start collecting rewards — TikTok is updating its Effect Creator Rewards program with lower eligibility requirements, a revamped payout model … | Alex Konrad / Forbes: |
Over 220 VC firms, including Bain, Bessemer, and GGV, sign a statement supporting Israel and call for the investor community to support Israel's tech ecosystem — The open letter published on Thursday is the latest effort by startup investors to provide support for the state of Israel and its tech community, with 221 firms signed on.| Monica Chin / The Verge: |
Surface Laptop Go 3 review: light, compact, and a premium design, but a low-resolution screen, the keyboard isn't backlit, few ports, and too expensive at $800+ — The Go 3 is a nice-looking and well-built device, but the $999 price makes no sense. … The chassis looks identical … | Bloomberg: |
As Pat Gelsinger tries to revive Intel, his own deadline to add a big foundry client in 2023 looms and, even then, revenue from such a deal could be years away — - Wall Street waiting for Gelsinger to name major foundry client — Record-setting factory build-out hinges on lining up customers
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