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December 22, 2023, 5:30 PM
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| New York Times: |
Sources: Apple discussed multiyear $50M+ deals with NBC News, Condé Nast, IAC, and other media organizations to train its generative AI systems on news articles — The company has discussed multiyear deals worth at least $50 million to train its generative A.I. systems on publishers' news articles.
More: 9to5Mac, The Verge, MacRumors, Reuters, MacDailyNews, iPhone in Canada Blog, and Supercharged
Mastodon: @carnage4life@mas.to. X: @_felixsimon_, @mikeisaac, @claytonwbryan, @davidclinchnews, and @benmullin. Forums: MacRumors Forums
| New York Times: |
Sources: the US DOJ, which has an ongoing four-year-old probe into Apple's alleged anticompetitive behavior, has taken interest in Apple blocking Beeper Mini — Beeper Mini, which offers iPhone messaging on Android phones, has grown fast and its duel with the tech giant has gotten the attention of antitrust regulators.
More: Beeper Blog, Federal Trade Commission, AppleInsider, 9to5Mac, Wired, SiliconANGLE, Livemint, Benzinga, mjtsai.com, MacRumors, The Indian Express, iMore, Dexerto, Tom's Guide, Android Headlines, BGR, The Verge, iPhone in Canada Blog, Pocket-lint, Supercharged, and MacDailyNews
Threads: @esg.hound, @carnage4life, and @carnage4life. Mastodon: @jeff@indieweb.social. Bluesky: @epro.social
X: @senwarren and @techftc
Forums: Slashdot and MacRumors Forums
| Bloomberg: |
Sources: OpenAI is in early talks to raise funding at a $100B+ valuation, and discussed raising between $8B and $10B from Abu Dhabi-based G42 for a chip venture — OpenAI is in early discussions to raise a fresh round of funding at a valuation at or above $100 billion … | Leo Schwartz / Fortune: |
Paxos plans to expand its products to the Solana blockchain on January 17, 2024, after receiving approval from the New York Department of Financial Services — The leading stablecoin issuer Paxos has received regulatory approval to expand its products to the Solana blockchain, which it plans to launch on January 17, 2024.
More: Paxos, Unchained, Cryptopolitan, Bitcoin News, Bitcoin Insider, Coinpedia Fintech News, crypto.news, The Block, CoinGape, Cryptonews, Cointelegraph, and Crypto Briefing
X: @solana, @austin_federa, @solana, and @yashhsm
| Bloomberg: |
China publishes draft rules for online gaming, including setting spending limits and banning daily login rewards; stocks for Tencent and NetEase both drop 10%+ — - Tencent, NetEase shares dive in Hong Kong after new rules — Beijing has in recent years sought to combat gaming addiction
More: Reuters, gamedeveloper, Rock, Paper, Shotgun, CNBC, Nikkei Asia, Associated Press, Financial Times, The Messenger, New York Times, South China Morning Post, Metro, PC Gamer, Game Rant, Financial Times, iPhone in Canada Blog, Variety, Fortune, Finbold, Tech in Asia, Video Games Chronicle, The Information, TechNode, Forbes, TechPowerUp, Barron's Online, The Verge, and Dot Esports
| Bill Toulas / BleepingComputer: |
ScamSniffer: Google and X ads are promoting sites containing “MS Drainer”, a cryptocurrency drainer that has stolen $59M from 63,210 victims since March 2023 — Google and Twitter ads are promoting sites containing a cryptocurrency drainer named ‘MS Drainer’ that has already stolen $59 million … | Anissa Gardizy / The Information: |
Source: Cisco is paying ~$650M in cash for Isovalent, or 32 times the startup's ARR; Isovalent raised a $40M Series B at a ~$250M valuation in September 2022 — Cisco Systems' acquisition of Isovalent, a cloud networking and security startup backed by Google and Microsoft, announced on Thursday … | Jay Peters / The Verge: |
Humane plans to begin shipping its Ai Pin in March 2024, starting with customers who placed priority orders and in order of the date of purchase — Humane announced Friday that the AI Pin, its splashy AI-powered wearable, will start shipping in March 2024.| Paul Sawers / TechCrunch: |
Spotify pulls support for two music festivals in France, in protest against a new tax that would impose a levy of 1.5% to 1.75% on all music streaming services — Spotify is pulling support for two music festivals in protest against a controversial new tax directed at music-streaming platforms operating …
More: PYMNTS.com, NME, Supercharged, The Verge, and Digital Music News
| Erin Griffith / New York Times: |
Court docs: how false claims and risky trades by HeadSpin's CEO and a lack of oversight by investors like GV and Iconiq Capital led to the startup's unraveling — False claims and risky trades at the Silicon Valley start-up HeadSpin were part of a pattern of trouble emerging at young companies that lacked controls.| Eva Dou / Washington Post: |
After the Jedi cloud contract fell apart, the US DOD has allocated less than 2% of its $9B Joint Warfighting Cloud Capability program, started in December 2022 — In the past year, less than 2 percent of $9 billion set aside to upgrade the U.S. military's computing technology has been committed
More: Forbes
| Jacquelyn Melinek / TechCrunch: |
Data center infrastructure startup Arkon Energy raised $110M led by Bluesky Capital to grow its US BTC mining capacity and launch an AI cloud service in Norway — Arkon Energy, a data center infrastructure company, closed a $110 million private funding round to expand its operations …
More: SiliconANGLE, The Block, and Blockworks
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