| Jonathan Vanian / CNBC: |
Reddit files to list its IPO on the NYSE, reporting revenue up 20% YoY to $804M in 2023, net loss down 43% YoY to $90.8M, 73M DAUs, and a $3.42 global ARPU — - Reddit on Thursday filed to go public. — Its market debut will mark the first major tech initial public offering of the year … | The Verge: |
Reddit plans to give some of its top users, including moderators and those with high karma scores, the chance to buy shares in its IPO — However, the company is unprofitable, with a net loss of $90.8 million in 2023. — In an unusual twist, Reddit is also giving a number of its top users … | Abner Li / 9to5Google: |
| Jake Rudnitsky / Bloomberg: |
Google plans to “pause the image generation of people” via Gemini and “re-release an improved version soon” while working to fix its race inaccuracy “issues” — - Critics on X say model is unable to accurately depict races — Google said it will re-release an improved version soon| Jessica Lyons / The Register: |
Filing: UnitedHealth says a “suspected nation-state” actor had access to systems of IT provider Change Healthcare, prompting an outage at pharmacies in the US — Prescription orders hit after IT supplier Change Healthcare pulls plug on systems — UPDATED IT provider Change Healthcare … | Reuters: |
AT&T restores cellular service after a 10+ hour outage that started at 4:30AM ET across the US; the cause for the outage is still unknown — A cellular phone service outage on Thursday hit thousands of AT&T (T.N) users in the United States, disrupting calls and text messages … | Ismail Shakil / Reuters: |
The US FTC says Avast needs to pay $16.5M and stop selling web browsing data for ads to settle charges that the UK company misrepresented its use of such data — Software provider Avast Plc will need to pay $16.5 million and stop selling any web browsing data for advertising purposes … | Sarah Perez / TechCrunch: |
Bluesky opens up federation, letting anyone run their own server that connects to Bluesky's network, which uses the AT Protocol; Mastodon uses ActivityPub — Social network Bluesky, a competitor to X, Threads, Mastodon, and others, is opening up its doors with today's news that the network … | Tom Warren / The Verge: |
Sony is testing PC support for its PlayStation VR2 headset, which currently works exclusively with the PS5, and hopes “to make this support available in 2024” — Sony's PlayStation VR2 headset is designed to work exclusively with a PS5, but the company is now testing out support for PC.| Sean Michael Kerner / VentureBeat: |
Stability AI debuts a preview of Stable Diffusion 3.0, its next-gen flagship text-to-image model, aiming to offer improved image quality and better performance — Stability AI is out today with an early preview of its Stable Diffusion 3.0 next-generation flagship text-to-image generative AI model.| Washington Post: |
Leaked files detail Chinese state-linked hacking groups carrying out large-scale, systematic cyber intrusions against governments, companies, and infrastructure — A trove of leaked documents from a Chinese state-linked hacking group shows that Beijing's intelligence and military groups … | Jess Weatherbed / The Verge: |
Google rolls out its Gemini-powered “Help me write” tool in Chrome for macOS and Windows for English-speaking US users, offering shortform writing suggestions — Google has started rolling out “Help me write” — an experimental Gemini-powered generative AI feature for its Chrome browser … | Abner Li / 9to5Google: |
Google says its Google Pay app GPay and its P2P payment feature will stop working in the US on June 4, 2024, but will remain available in India and Singapore — When Google Wallet launched in 2022, Google kept the “GPay” app around in a handful of countries.| Financial Times: |
Sources: Nigeria ordered telecoms to restrict access to the websites of some of the world's largest crypto exchanges, including Binance, Coinbase, and Kraken — Local consumers given only restricted access to markets like Binance and Coinbase — Authorities in Nigeria have blocked access … | Ben Schoon / 9to5Google: |
Samsung plans to roll out One UI 6.1 in “late March” for the Galaxy S23 series, Z Fold 5, Z Flip 5, and Tab 9 series, adding the full Galaxy AI suite and more — Samsung's next big Android update, One UI 6.1, debuted on the Galaxy S24 series last month, but is getting ready to make its way to more Galaxy devices.| Bloomberg: |
EigenLayer, which facilitates crypto “restaking” to build Ethereum projects via a points system, raised $100M from a16z, after raising $50M in March 2023 — - VC firm was the sole investor in EigenLayer's funding round — Crypto venture investments declined sharply in the past year| David Gilbert / Wired: |
Gab launched 91 chatbots over the past month, such as AI versions of Hitler and Trump, several of which deny the Holocaust, call climate change a scam, and more — The proliferation of generative AI chatbots on extremist platforms could lead to increased radicalization, experts warn.| Shivam Patel / Reuters: |
X reports taking down accounts and posts following an order by the Indian government, which local media tied to farmers' protests, but disagrees with the action — Social media platform X said on Thursday it took down certain accounts and posts following an order by the Indian government … | Bill Toulas / BleepingComputer: |
Trend Micro and the UK NCA: LockBit was secretly building LockBit-NG-Dev, a new version of its file encrypting malware, when law enforcement took down the gang — LockBit ransomware developers were secretly building a new version of their file encrypting malware, dubbed LockBit-NG-Dev … | Ivan Mehta / TechCrunch: |
Meta's Oversight Board extends its scope to Threads, letting users appeal Meta's content moderation decisions with the same process as on Facebook and Instagram — Meta's external advisory group, its Oversight Board, announced today that it is expanding its scope to Threads along with Facebook … | Lauly Li / Nikkei Asia: |
Sources: Google plans to start assembling the Pixel 8 Pro in southern India in Q2 2024, followed by production of the Pixel 8 in northern India around mid-2024 — Search engine giant joins Apple, Samsung in tapping big South Asian market — Google will prepare a production line … | The Information: |
Sources: Nextdoor's board discussed replacing CEO Sarah Friar with co-founder Nirav Tolia, who served as CEO between 2010 and 2018, or selling the company — Board members at the struggling local networking site Nextdoor have been debating the company's future, including whether to bring … | Hannah Lang / Reuters: |
Block reports Q4 revenue up 24% YoY to $5.77B, Square profit up 18% YoY, Cash App profit up 25% YoY, and forecasts Q1 adjusted EBITDA above est.; SQ jumps 12%+ — Jack Dorsey-led Block (SQ.N) on Thursday forecast adjusted core earnings for the current quarter above Wall Street estimates … | Sara Fischer / Axios: |
Substack says 3M+ customers subscribe to paid newsletters on its platform, up from 2M in February 2023, and credits its recommendations feature for the growth — - The company said it plans to expand the recommendations feature, which helps writers promote other newsletters in its network … | Sheila Dang / Reuters: |
Google plans to integrate Gemini into its Performance Max ad placement tool, helping brands generate longer headlines, after adding Gemini into Google Workspace — Alphabet's (GOOGL.O) Google said on Thursday it will integrate its Gemini artificial intelligence models into an existing product … | Andrew Goudsward / Reuters: |
The US DOJ names professor Jonathan Mayer as its first chief AI officer to guide on responsibly integrating AI into DOJ investigations and criminal prosecutions — The U.S. Justice Department on Thursday named its first official focused on artificial intelligence as the department grapples …
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