March 11, 2024, 2:05 PM

Top News

Kashmir Hill / New York Times:
GM, Honda, Kia, Hyundai, and others added optional features in their apps to rate people's driving in recent years, offering the data to brokers like LexisNexis  —  LexisNexis, which generates consumer risk profiles for the insurers, knew about every trip G.M. drivers had taken in their cars …
Emma Roth / The Verge:
Airbnb will no longer let hosts use indoor security cameras, staring April 30, citing renters' privacy; previously, cameras in common areas had been allowed  —  Airbnb will no longer allow hosts to use indoor security cameras, regardless of where they're placed or what they're used for.
Jonathan Vanian / CNBC:
Filing: Reddit aims to raise up to $748M in its IPO, selling ~22M shares at $31 to $34 each, for a ~$6.5B valuation; Reddit set aside 1.76M shares for its users  —  - Reddit aims to raise up to $748 million as part of its upcoming IPO, according to a corporate filing on Monday.
Foo Yun Chee / Reuters:
EU privacy watchdog EDPS says the European Commission using Microsoft 365 breached privacy rules and the EU didn't implement adequate data transfer safeguards  —  The European Commission's use of Microsoft (MSFT.O) software breached EU privacy rules and the bloc's executive also failed …
Jonathan Stempel / Reuters:
Authors Brian Keene, Abdi Nazemian, and Stewart O'Nan sue Nvidia over allegedly using their work to train NeMo, saying the company “admitted” to using the books  —  Nvidia (NVDA.O), whose chips power artificial intelligence, has been sued by three authors who said it used …
Sources: a16z Crypto made a secret $100M investment in Kickstarter in 2021 that let staff and investors cash out and led to its later-abandoned blockchain pivot  —  In early December 2021, employees at the crowdfunding startup Kickstarter got news of a windfall: An investor group wanted to buy some of their shares.
Hannah Murphy / Financial Times:
Pavel Durov says Telegram has 900M users, aims “to become profitable next year, if not this year”, was “offered $30B+ valuations” by VCs, and is weighing an IPO  —  In rare interview, Pavel Durov says secretive messaging app is making ‘hundreds of millions of dollars’ from ads business
Manish Singh / TechCrunch:
Elon Musk says xAI plans to open-source Grok this week; xAI released Grok in November 2023, offering access to “real-time” data via X's $16/month subscription  —  Elon Musk said Monday he will open-source Grok, X's AI chatbot rivaling ChatGPT, this week, days after suing OpenAI …

Sponsor Posts

Escape Ingress/Egress Fees  —  Experience seamless multi-cloud solutions without ingress/egress constraints.  Optimize costs and pave the way for a sustainable digital future.
Standard Metrics:
Nail Portfolio Reviews, Board Meetings and LP Reporting  —  You didn't hire that Stanford grad to manage spreadsheets.  Automate VC portfolio reporting and free your talented team up to deliver portfolio insights.
Tribe AI:
Build AI products that matter  —  Tribe AI helps organizations rapidly deploy AI solutions that have real business impact.  We bring together world class AI talent and tooling to drive differentiated results.
Mastering the marketing funnel with Zoho Forms  —  You have poured your heart and soul into crafting the perfect product or service.  It solves problems, meets the intended users' needs, and is undeniably awesome.
The Logan Bartlett Show:
EP 110: How Eric Glyman (CEO, Ramp) Runs One of The Fastest Growing Startups
A podcast hosted by Logan Bartlett, an investor at Redpoint Ventures, covering tech with industry insiders.
Subscribe to The Logan Bartlett Show!
Techmeme Ride Home:
Wed. 07/24 - Llama 3.1 Bests The "Frontier Models"?
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.

About This Page

This is a Techmeme archive page. It shows how the site appeared at 2:05 PM ET, March 11, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Mike Butcher / TechCrunch:
Gary Marcus / Marcus on AI: