Techmeme
March 26, 2024, 8:00 AM

Top News

Tom Warren / The Verge:
Memo: Microsoft names Pavan Davuluri as its Windows and Surface chief; Microsoft split the Windows and Surface groups after Panos Panay left in September 2023  —  Microsoft is naming Pavan Davuluri as its new Windows and Surface chief today.  After Panos Panay's surprise departure to Amazon last year …
Olivia Poh / Bloomberg:
Canva acquires the Affinity creative suite, popular with Mac users; COO Cliff Obrecht says the cash-and-stock deal is valued at “several hundred million pounds”  —  - Australian unicorn buys British team behind Affinity art suite  — Affinity offers alternative tools to Adobe's flagship products
Sergiu Gatlan / BleepingComputer:
The US and the UK sanction a Wuhan-based company linked to the Chinese state-backed hacking group APT31 for targeting critical infrastructure organizations  —  The U.S. Treasury Department has sanctioned a Wuhan-based company used by the Chinese Ministry of State Security (MSS) …
Ryan Browne / CNBC:
Timmy Shen / The Block:
The US OFAC sanctions 13 entities, including Netex24, and two individuals for aiding Russian nationals' potential sanctions evasion by building crypto services  —  - The Treasury's Office of Foreign Assets Control sanctioned 13 entities and two individuals for helping sanctioned entities to evade sanctions in Russia.
Chris Plante / Polygon:
An interview with Phil Spencer on bringing Xbox to handhelds via hardware or software, how Valve, Lenovo, and Asus “innovated in a new form factor”, and more  —  A handheld Xbox could be hardware, an app, or both  —  Phil Spencer has tried all of the new PC gaming handhelds …
Carl Franzen / VentureBeat:
OpenAI releases seven Sora videos from select filmmakers, artists, ad agencies, and musicians; Fairly Trained CEO Ed Newton-Rex calls the move “artistwashing”  —  OpenAI has been releasing a steady drip of videos generated by its new highly realistic AI model, Sora, but the text-to-video …
Allison Johnson / The Verge:
Telegram rolls out its Peer-to-Peer Login Program, giving some Android users a Premium sub for volunteering their phone numbers to relay SMS OTPs to other users  —  Telegram is offering a new way to earn a premium subscription free of charge: all you have to do is volunteer your phone number …
Chris Dolmetsch / Bloomberg:
Ripple says the SEC plans to release a public brief on Tuesday seeking $2B in fines and penalties in its case against Ripple over sales of the XRP crypto token  —  The regulator is slated to release a public brief on Tuesday, Stuart Alderoty, Ripple's chief legal officer, said in a separate post on X on Monday.
Bloomberg:
An investigation details the growing black market for Starlink kits being traded and activated illegally, including in regions subject to US sanctions  —  Starlink's effectiveness as a communications tool makes the satellite internet service a target for a growing black-market trade worldwide.
More: iTnewsThreads: @akshatrathiX: @oliviasolon, @business, and @markssimon
Alex Heath / The Verge:
Meta started rolling out its new opt-out political content settings on Instagram and Threads last week to “limit political content from people you don't follow”  —  Meta's executives have been saying for a while that they don't want to boost posts about politics in their apps.
Jonathan Stempel / Reuters:
A US judge dismisses X's lawsuit against CCDH, saying the suit had been brought as a means toward “punishing the defendants for their speech”; X plans to appeal  —  A U.S. judge on Monday dismiss X Corp's lawsuit against a nonprofit group that has criticized a rise in hate speech …
Josh Koehn / The San Francisco Standard:
How Ripple's Chris Larsen became a gravitational force in San Fransisco politics, donating millions to local causes, as he helps Mayor London Breed's reelection  —  On a recent Friday afternoon, Chris Larsen sat behind the wheel of a gunmetal Porsche 918 Spyder, zipping through the Broadway Tunnel.

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Max A. Cherney / Reuters:
Kalley Huang / The Information:
Becky Yerak / Wall Street Journal:
Lauren Feiner / The Verge:
Jon Porter / The Verge:
Nduka Orjinmo / Bloomberg:
Javier Espinoza / Financial Times: