| Sarah Whitten / CNBC: |
Disney plans to invest $1.5B for a stake in Epic Games and collaborate on a new “universe” connected to Fortnite with content from Disney, Pixar, and more — - Disney is investing $1.5 billion for an equity stake in Epic Games in its biggest jump yet into the gaming world.| Foo Yun Chee / Reuters: |
Meta challenges the EU's DSA supervisory fee of 0.05% of Meta's annual net income that cover regulators' costs, disagreeing with how the fees are calculated — Meta Platforms (META.O) has challenged a supervisory fee amounting to .05% of its annual worldwide net income aimed … | Clothilde Goujard / Politico: |
TikTok joins Meta in challenging the EU's DSA in the General Court, arguing the levy is unfair as some firms pay nothing; Meta must pay €11M of the €45M total — Social media giants Meta and TikTok are suing the European Union over a levy that bankrolls the enforcement … | Sam Sabin / Axios: |
US, UK, Australia, Canada, and New Zealand advisory: China-backed hacking group Volt Typhoon has had access to some major US infrastructure for over five years — China-backed hackers have had access to some major U.S. critical infrastructure for “at least five years,” according to an intelligence advisory released Wednesday.| Molly White / Citation Needed: |
In his new book, a16z GP Chris Dixon fails to identify a single blockchain project that has successfully provided a non-speculative service at any kind of scale — Prominent crypto venture capitalist Chris Dixon provides an unconvincing bible for blockchain solutionists. — 1×| Martin Young / Cointelegraph: |
SEC filing: NYSE-listed Bakkt, a crypto trading platform backed by the Intercontinental Exchange, warns that it might not be able to stay in business in a year — The institutional digital asset trading platform unveiled in 2018 amid huge fanfare has just disclosed it “might not be able to continue as a going concern.”| Carl Franzen / VentureBeat: |
Microsoft updates Copilot with a redesigned look, a new AI model for Copilot's Balanced mode called Deucalion, and new AI image creation and editing features — In a startling move, Microsoft today announced a redesigned look for its Copilot AI search and chatbot experience on the web … | Bill Toulas / BleepingComputer: |
The Danish data protection authority orders schools to stop sending student data to Google via Chromebooks and Workspace, after an over four year investigation — The Danish data protection authority (Datatilsynet) has issued an injunction regarding student data being funneled to Google through … | The Information: |
Sources: OpenAI is developing two types of agent software: one to automate tasks by effectively taking over a user's device, and the other for web-based tasks — OpenAI's first major product, ChatGPT, proved so popular that it sparked a generation of wannabes.| Josh Boak / Associated Press: |
The Biden administration names White House economic adviser Elizabeth Kelly to lead the NIST's newly formed AI Safety Institute to develop AI testing standards — The Biden administration on Wednesday named a top White House aide as the director of the newly established safety institute for artificial intelligence.| Reuters: |
Arm reports Q3 revenue up 14% YoY to $824M, vs. $761.6M est., and forecasts Q4 sales and adjusted profit above expectations; ARM jumps 21%+ — Arm Holdings on Wednesday forecast fiscal fourth-quarter sales and adjusted profit above Wall Street expectations as customers aim to design new chips … | Michelle Nichols / Reuters: |
The UN is probing 58 suspected cyberattacks worth ~$3B by North Korea on crypto companies; the stolen crypto allegedly helped fund the country's nuclear weapons — United Nations sanctions monitors are investigating dozens of suspected cyberattacks by North Korea that raked in $3 billion … | Bloomberg: |
SoftBank reports Q3 net profit of $6.4B, after four quarters of losses, lifted by a T-Mobile US shares windfall; the Vision Fund unit reported a ~$2.85B gain — - Investor logs first profit in five quarters on T-Mobile stake — Vision Funds turn profitable, helped by TikTok owner ByteDance| Kara Swisher / New York Magazine: |
An excerpt from Kara Swisher's upcoming book, Burn Book: covering digital media in the '90s, Facebook and Google becoming information gatekeepers, and more — My front-row seat to a slow-moving catastrophe. — In the early 1990s, I was a reporter at the Washington Post.| Mishaal Rahman / Android Authority: |
A leaked image allegedly shows the Google Pixel Fold 2, including a narrower cover screen, a squarer inner screen aspect ratio, and redesigned camera bump — Here's a very early look at what could be Google's second-generation foldable phone. — • — TL;DR| Sarah Jacob / Bloomberg: |
Amsterdam-based payments giant Adyen reports H2 2023 net revenue up 23% YoY to €887M and processed volume up 29% YoY to €544.1B; ADYEN.AS jumps 16%+ — Adyen staged a comeback after facing a record slowdown in revenue last year, which resulted in a stock meltdown.| Nicole Carpenter / Polygon: |
PitchBook: in 2021, 223 male-founded video game startups raised $4.1B, five women-founded startups raised $1.2M, and 62 mixed-gender startups raised $400.9M — ‘There is a massive disparity on how funding is allocated in the industry’ — Investors and publishers spend billions of dollars … | Reuters: |
A look at AI use in Indonesia ahead of the February 14 elections, as vendors and campaigns push the limits of guidelines issued by OpenAI, Midjourney, and more — Fika Juliana Putri, a 19-year-old shopkeeper in East Jakarta, plans to vote in Indonesia's presidential election next week for a once-feared former special forces commander.
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| Chainalysis: |
| Wayne Ma / The Information: |
| Emilia David / The Verge: |