| Reed Albergotti / Semafor: |
Memo: Google CEO Sundar Pichai calls Gemini's problematic responses around race “completely unacceptable” and vows to make structural changes to fix the problem — The Scoop — Google CEO Sundar Pichai addressed the company's Gemini controversy Tuesday evening … | Bloomberg: |
| Karissa Bell / Engadget: |
President Biden signs an EO that aims to limit the mass-sale of Americans' personal data like geolocation to “countries of concern”, including China and Russia — The bulk sale of geolocation, genomic, financial and health data will be off-limits to “countries of concern.”| 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.| 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 … | Foo Yun Chee / Reuters: |
Axel Springer and 31 other media groups in Europe file a $2.3B lawsuit against Google, alleging that they suffered losses due to its digital ad practices — Alphabet's (GOOGL.O) Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups including Axel Springer and Schibsted … | Helene Braun / CoinDesk: |
Coinbase is investigating an issue causing some users to see a zero balance across their accounts, after BTC topped $60K for the first time since November 2021 — Multiple users of Coinbase's U.S. platform said on Wednesday that their account balances were wiped out. — 10 Years of Decentralizing the Future| Anton Shilov / AnandTech: |
Samsung launches 36GB 12H HBM3E DRAM for AI, slated for mass production in H1 2024, with 50%+ more peak bandwidth and capacity compared to its previous HBM gen — Samsung announced late on Monday the completion of the development of its 12-Hi 36 GB HBM3E memory stacks … | Mark Gurman / Bloomberg: |
Tim Cook says Apple will “break new ground” on generative AI this year; Apple shareholders reject a request for report into whether Apple is using AI ethically — - Shareholders approve recommendations for board, executive pay — Longtime directors Al Gore and James Bell officially step down| Byron Tau / Wired: |
A look at some government contractors that are helping US intelligence agencies and others use targeted mobile ads to track down people — Meet the guy who taught US intelligence agencies how to make the most of the ad tech ecosystem, “the largest information-gathering enterprise ever conceived by man.”| Dara Kerr / NPR: |
Salesforce CEO Marc Benioff tells a reporter, who is looking into his Hawaii land acquisition, that he knows where she is staying and her personal details — WAIMEA, Hawaii — A life-size bronze statue of a cowboy sits at the center of Waimea. The cowboy is riding a horse, lasso in hand, pursuing a wild bull.| The Information: |
Sources: Meta plans to launch Llama 3 in July, as the company tries to overcome a perceived problem that Llama 2's answers for contentious topics are too “safe” — As Google grapples with the backlash over the historically inaccurate responses on its Gemini chatbot, Meta Platforms is dealing with a related issue.| Angel Au-Yeung / Wall Street Journal: |
Sources: Stripe and some investors agreed to buy $1B+ of current and ex-employees' shares, valuing it at $65B, up from $50B in 2023, but down from $95B in 2021 — The fintech giant's employees will get a chance to cash out over $1 billion of stock.| Reuters: |
Sources: Fiserv and Amadeus are the two main contenders to acquire Shift4 Payments, which provides payment processing services and has a market value of $6.5B — Fiserv (FI.N) and Amadeus IT Group (AMA.MC) are competing to acquire Shift4 Payments (FOUR.N), a payments processor that has a market value … | Financial Times: |
Sources: Nigeria detains two senior Binance executives who flew to the country following its decision last week to ban several crypto trading websites — African state steps up pressure on exchanges as it tries to halt speculation on naira — Two senior executives at Binance have been detained … | Kyle Wiggers / TechCrunch: |
Adobe unveils Project Music GenAI Control, a platform that can generate audio from text descriptions or a reference melody and let users customize the results — There's plenty of GenAI-powered music editing and creation tools out there, but Adobe wants to put its own spin on the concept.| Ingrid Lunden / TechCrunch: |
Thrasio, which raised $3B+ in equity and debt to acquire third-party Amazon sellers, files for Chapter 11 bankruptcy and secures $90M in emergency funding — Thrasio, the U.S. start-up that raised billions of dollars and popularized the concept of e-commerce aggregation … | Caitlin Ostroff / Wall Street Journal: |
Memo: SBF's lawyers suggest a short sentence of five to six years in prison, citing medical conditions, including autism, and his philanthropic giving — Lawyers for the FTX founder say he wasn't motivated by greed but by a desire to better the world through philanthropic giving| Financial Times: |
Klarna reports 2023 revenue up 22% YoY to ~$2.28B, net loss down 76% YoY to $241M, credit losses down 32% YoY to $369M, and its workforce down 23% YoY to 4,201 — Klarna has reported a fifth straight annual loss as the Swedish fintech that was once Europe's most valuable private tech group stuck … | Christopher Zara / Fast Company: |
| Financial Times: |
A detailed look at the modern chip manufacturing process, involving more than a thousand precisely controlled steps to create a single integrated circuit — After coming up against the limits of physics, scientists are rethinking chip architecture like never before| Tim Copeland / The Block: |
Telegram launches an ad revenue sharing system for channel owners in nearly 100 countries, with a 50/50 split with channel owners, paid out in toncoin — - Telegram is introducing ad revenue sharing and will pay out rewards using toncoin on the TON blockchain. — It will be splitting ad revenue 50:50 with channel owners.
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| Joyce Lee / Reuters: |
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| Chandraveer Mathur / Android Police: |
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