Techmeme
April 5, 2024, 10:05 PM

Top News

Bloomberg:
A US jury finds Terraform Labs and Do Kwon liable for fraud in a US SEC lawsuit, boosting SEC's efforts to assert greater control over the crypto industry  —  - Terraform 2022 failure wiped out $40 billion in investor funds  — Kwon criminal trial on hold over extradition from Montenegro
Ryan Heath / Axios:
Meta plans to label a wider range of video, audio, and image content as “Made with AI” starting in May, following feedback from its independent Oversight Board  —  - The labels could be generated through self-disclosure when a user posts content, as a result of advice from fact-checkers …
Filipe Espósito / 9to5Mac:
Apple updates App Store guidelines, allowing game emulators for the first time globally, and letting music streaming apps in the EU link to external websites  —  After the EU commission fined Apple $2 billion and announced that it's not satisfied with the changes the company made to comply …
Dan Milmo / The Guardian:
Microsoft warns that China plans to disrupt US, South Korean, and Indian elections in 2024 with AI-generated content, after using Taiwan's election as a dry run  —  Beijing did a test run in Taiwan using AI-generated content to influence voters away from a pro-sovereignty candidate
Bloomberg:
FTC lawsuit filings: Instagram had ad revenues of $22B in 2020, or 26% of Meta's total revenue, $32.4B in 2021, or 27% of Meta's revenue, and $16.5B in H1 2022  —  - Sales figures for the app released in FTC's antitrust lawsuit  —  Meta Platforms Inc. brought in almost 30% of its revenue …
Alex Kantrowitz / Big Technology:
Google, Yahoo, Perplexity, and other search companies are working on understanding user intent to decide whether to show generative AI answers or just links  —  Yahoo is one of the most visited websites on the planet.  It's the most popular news site in the U.S., with more than 3 billion visits each month.
Bloomberg:
Sources: FTX's estate sold 25M to 30M locked-up SOL coins for $64 apiece, a deeply discounted price, to Galaxy Trading, Pantera, and others, raising up to $1.9B  —  - Galaxy raised $620 million fund to buy discounted SOL from FTX  — Sales were done at big discount to SOL's current market price
Matt Binder / Mashable:
Manish Singh / TechCrunch:
Amazon adds a store called Bazaar to its Android app in India, featuring affordable fashion and lifestyle products, to compete with Flipkart and Reliance's Ajio  —  Amazon has quietly introduced a “special store” called Bazaar in India, featuring affordable and trendy fashion and lifestyle products …
Jackie Davalos / Bloomberg:
OpenAI's COO says that ChatGPT Enterprise has 600K+ paying customers, up from ~150K in January, and 2024 will be “the year of adoption for AI in the enterprise”  —  - ChatGPT Enterprise now has more than 600,000 users signed up  — COO says this ‘is going to be the year of adoption for AI’
Song Jung-a / Financial Times:

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Featured Podcasts

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The $7B Startup Mapping Your Health In Just One Hour | Neko's Hjalmar Nilsonne
Veteran tech reporter Alex Konrad sits down with breakout entrepreneurs taking on the status quo to shake up their fields in AI, design, nuclear energy, space, and more.
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BG2 Pod:
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Open-source podcast on all things tech, markets, investing, and capitalism, hosted by Brad Gerstner.
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Big Technology Podcast:
AI Leaders Can't Get Along. So How Will They Keep Us Safe? — With Kevin Roose
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Channels with Peter Kafka:
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Robinhood's CEO on letting AI trade your money
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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More News

Raphael Satter / Reuters:
Reuters:
Allie Garfinkle / Fortune:
Steven Levy / Wired:

Earlier Picks

Natasha Lomas / TechCrunch:
Louise Matsakis / Wired:
Samantha Murphy Kelly / CNN:
Oliver Knight / CoinDesk:
Kyle Wiggers / TechCrunch:
Sam Kessler / CoinDesk:
Shirin Ghaffary / Bloomberg:
Lauren Feiner / The Verge: