Techmeme
February 29, 2024, 9:00 AM

Top News

Alex Koller / CNBC:
EA plans to cut 5% of its workforce, part of a plan that includes reducing office space and sunsetting some games; EA employed 13,400 workers as of March 2023  —  - EA announced Wednesday that it will cut 5% of its workforce.  — The video game company employed 13,400 workers as of the end …
Deepa Seetharaman / Wall Street Journal:
Sources: the US SEC sent a subpoena to OpenAI in December 2023, seeking internal records, after the board's decision in November 2023 to fire Sam Altman as CEO  —  Regulator is examining internal communications of CEO Sam Altman, after board last year temporarily ousted him for alleged lack of candor
New York Times:
Sources detail Apple's $10B+ car project: years of disagreements over building a self-driving car or just an EV, talks with Elon Musk on buying Tesla, and more  —  Internal disagreements over the direction of the Apple car led the effort to sputter for years before it was canceled this week.
Reuters:
Coinbase says all services on its website have been restored after a “display issue” on February 28 caused some users to see a zero balance in their account  —  Coinbase Global (COIN.O) said on Wednesday that all services on its website have been restored after an issue earlier …
Dan Goodin / Ars Technica:
Researchers detail an ongoing repo confusion attack, which involves cloning existing repos and infecting them with malware loaders, impacting 100K+ GitHub repos  —  GitHub keeps removing malware-laced repositories, but thousands remain.  —  GitHub is struggling to contain …
Leo Schwartz / Fortune:
Gemini agrees to return the $1B+ owed to customers and pay a $37M fine in a settlement with the New York Department of Financial Services related to Gemini Earn  —  The New York Department of Financial Services on Wednesday announced a settlement with Gemini, the crypto firm founded by the Winklevoss twins …
Mark Gurman / Bloomberg:
Tim Cook says Apple will “break new ground” in generative AI this year; Apple shareholders reject a request for a report into whether Apple uses AI ethically  —  - Shareholders approve recommendations for board, executive pay  — Longtime directors Al Gore and James Bell officially step down
Reuters:
FCC Chair Jessica Rosenworcel proposes subjecting carmakers to the Safe Connections Act to protect domestic abuse survivors from misuse of internet car systems  —  The chairwoman of the Federal Communications Commission on Wednesday proposed a potential new rule that would subject automakers …
Amrita Khalid / The Verge:
X adds a feature that lets Spaces hosts enable live video when they create a new session, available on iOS  —  Spaces, the live audio feature for X, is now letting hosts turn on their video during chat sessions.  The platform formerly known as Twitter announced the news on Wednesday …
Kyle Wiggers / TechCrunch:
ServiceNow, Hugging Face, and Nvidia release free code-generating AI models StarCoder2-3B/7B/15B, the first two of which can run on most modern consumer GPUs  —  Developers are adopting AI-powered code generators — services like GitHub Copilot and Amazon CodeWhisperer …
Natasha Lomas / TechCrunch:
Eight EU consumer rights groups lodge GDPR complaints with national data protection authorities, accusing Meta of coercing users with its “pay-or-consent” model  —  A controversial move by Meta last year, when it switched to charging users in the European Union for an ad-free subscription …
Consumer Reports:
Researchers find serious security flaws in cheap video door bells sold by a Chinese company under various brands names on Amazon, Shein, and other sites  —  The devices are also sold by Walmart, Sears, and other retailers—and big platforms have faced few consequences for shipping flawed products
Mehtab Ansari / Smartprix:
Alleged renders of Samsung's Galaxy Z Fold 6 show a boxy frame, flat sides, and dimensions that make it slightly shorter and wider than its predecessor  —  The Galaxy Z Fold 6, leaks and rumors about the device have been floating around for a while now and yesterday we reported …
Jeanne Whalen / Washington Post:
The US launches a probe into possible security risks of Chinese-manufactured vehicles, saying modern cars are like smartphones and could be used for espionage  —  The Biden administration says software and digital connections in modern cars could be used to spy on Americans or sabotage the vehicles
Jonathan Vanian / CNBC:
Snowflake says that CEO Frank Slootman is retiring, and reports Q4 revenue up 32% YoY to $774.7M and Q1 product revenue guidance below est.; SNOW drops 20%+  —  - Snowflake said CEO Frank Slootman, who took the company public in 2020, is retiring.  — The stock dropped in extended trading.
Ben Lovejoy / 9to5Mac:
Kuo: Vision Pro demand is higher than Apple originally expected, with US shipments expected to hit 200-250k units this year; return rates are now below 1%  —  Analyst Ming-Chi Kuo believes that Vision Pro demand is higher than Apple originally expected, with US shipments expected to hit 200-250k units this year.

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