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Techmeme
February 27, 2024, 9:45 AM
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Top News

Tom Warren / The Verge:
Sony plans to lay off around 900 employees, or 8% of workforce, at its PlayStation division, and close its London Studio in the UK  —  Sony says it's laying off around 900 employees of its PlayStation division, a reduction of its global headcount of around 8 percent.
Sean Hollister / The Verge:
Nvidia plans to start showing free-tier GeForce Now users “up to two minutes” of video ads on February 28 while they are queuing to start a cloud gaming session  —  Nvidia's completely free, no-strings attached trial of its cloud gaming service GeForce Now is about to be very slightly less …
Reuters:
Sources: the BlackCat ransomware gang is behind the outage at UnitedHealth's technology unit that has disrupted services at pharmacies in the US for six days  —  Figurines with computers and smartphones are seen in front of the words “Cyber Attack” in this illustration taken, February 19, 2024.
Samuel Stolton / Bloomberg:
Microsoft says its investment in Mistral AI amounts to €15M; EU regulators plan to analyze the investment, which could eventually lead to a formal investigation  —  - Partnership amounts to €15 million investment, Microsoft says  — EU analysis could lead to future formal investigation
Romain Dillet / TechCrunch:
Mistral AI releases Mistral Large, a cheaper GPT-4 rival that supports 32K-token context windows, and Le Chat, a ChatGPT-like chat assistant in public beta
Madhumita Murgia / Financial Times:
Microsoft takes a minor stake in Mistral AI and plans to help bring the French startup's AI models to market, as regulators probe Microsoft's OpenAI alliance
Wes Davis / The Verge:
Netflix confirms that it has started removing Apple iTunes billing for longtime subscribers, and now requires them to pay directly on its website  —  Netflix confirms to The Verge that it has begun booting longtime subscribers off their Apple iTunes billing plans, and will require …
Bill Toulas / BleepingComputer:
Researchers detail a spam campaign using 21K hijacked abandoned domains and subdomains from brands like eBay, MSN, and VMware to send ~5M malicious emails daily  —  A massive ad fraud campaign named “SubdoMailing” is using over 8,000 legitimate internet domains and 13,000 subdomains to send …
Bloomberg:
During oral arguments, SCOTUS justices seemed reluctant to strike down Texas' and Florida's social media laws, but raised concerns about companies' 1A rights  —  - Justices wary of entirely striking down Texas, Florida laws  — But court voices concern about impact on company speech rights
Washington Post:
A roundup of the oral arguments made in the Supreme Court for two cases involving Florida's and Texas' social media laws that impose strict limits on moderation
Saritha Rai / Bloomberg:
Tel Aviv-based Exodigo, which uses AI and sensors to make underground maps for energy, utility, transport, and construction companies, raised a $105M Series A  —  - Greenfield Partners, Zeev Ventures lead Series A round  — Startup makes maps for utility, transport, construction firms
More: FinSMEs

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From Mediagazer

Jennifer Maas / Variety:
Disney reports Q3 revenue up 7% YoY to $25.2B, below $25.4B est., adjusted EPS of $2.06, above $1.85 est., and entertainment revenue up 6% to $11.3B

Katie Robertson / New York Times:
The NYT reports Q2 revenue up 11% YoY to $762.5M, digital-only subscription revenue up 16% to $407.9M, and adjusted operating profit up 16% to $155.3M

Etan Vlessing / The Hollywood Reporter:
FuboTV reports Q3 revenue up 38% YoY to $1.48B, a $25.7M net loss, vs. a $38M loss a year earlier, and North American subscribers up 2% to 5.75M; FUBO jumps 12%

More News

Ryan Gallagher / Bloomberg:
The US adds Sandvine to its entity list, banning the networking equipment company from obtaining US tech, for supplying Egypt with equipment used for censorship
Katrina Manson / Bloomberg:
The CTO for US Central Command says ML algorithms developed under Project Maven helped narrow down targets for 85+ air strikes in the Middle East on February 2
Randy Thanthong-Knight / Bloomberg:
Canada introduces the Online Harms Act, which aims to hold platforms responsible for reducing exposure to damaging content and create a digital safety regulator

Earlier Picks

Ben Thompson / Stratechery:
While Google paused Gemini's image generation, its text generation tool also gives absurd responses, highlighting the need for open-source AI models to flourish
Tatum Hunter / Washington Post:
How AI is changing the adult entertainment industry, raising concerns about performers' compensation and rights to their likenesses, abuse prevention, and more
Javier Espinoza / Financial Times:
The EU is asking developers about the impact of Apple's decision to disable PWAs in the EU, seen as a precursor to a formal investigation into the company
Cheyenne MacDonald / Engadget:
Google unveils new Android features: Gemini integrated in Messages, AI-powered text summaries in Android Auto, AI-generated image captions in Lookout, and more
Steve Dent / Engadget:
Samsung unveils the Galaxy Ring at MWC 2024; the device will be centered around health and wellness, come in three colors, and be available later in 2024
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