Techmeme
February 8, 2024, 7:00 AM

Top News

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 …
David Shepardson / Reuters:
The US says OpenAI, Anthropic, Microsoft, Meta, Google, Apple, Amazon, Nvidia, Palantir, and over 200 others are joining the new AI Safety Institute Consortium  —  The Biden administration on Thursday said leading artificial intelligence companies are among more than 200 entities joining …
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.
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 …
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
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 …
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.

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