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Techmeme
April 16, 2024, 12:25 PM
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Financial Times:
Microsoft invests $1.5B in Abu Dhabi-based AI startup G42 for a minority stake, after G42 severed ties with Chinese suppliers; Brad Smith will join G42's board  —  Agreement is latest move by US tech group to extend its reach into fast-growing sector  —  Microsoft has agreed to invest $1.5bn …
Bloomberg:
Sources: in 2023, Abu Dhabi's G42 and the US Commerce Department held talks that led to G42 agreeing to pare back its China presence to avoid punitive measures
Raphael Satter / Reuters:
The Open Source Security Foundation and the OpenJS Foundation say the attempt to insert a secret backdoor into XZ Utils “may not be an isolated incident”  —  The recent attempt by an unknown actor to sabotage a widely used software program may have been one of several attempts …
Connor Jones / The Register:
UnitedHealth says the February ransomware attack on Change Healthcare cost the company $872M in Q1; another ransomware group appears to be extorting the company  —  First glimpse at attack financials reveals huge pain  —  UnitedHealth, parent company of ransomware-besieged Change Healthcare …
Abner Li / 9to5Google:
YouTube strengthens its “enforcement on third-party apps” violating its ToS, “specifically ad-blocking apps”, leading to error messages and “buffering issues”  —  Following the ad blocker crackdown, YouTube is explicitly going after third-party …
Benjamin Sandofsky / Sandofsky:
A look at the failure of Humane's Ai Pin, which took six years to ship after raising $230M, including building the device “the Apple way” and raising too much  —  Why You Can't Build Apple with Venture Capital  —  An ex-Apple designer who went on to startup success once told me …
Vittoria Elliott / Wired:
Meta's Oversight Board plans to investigate two deepfake porn cases involving unnamed US celebrities who had their images altered to create explicit content  —  Social platforms have struggled to quickly remove deepfake porn depicting celebrities.  —  As AI tools become increasingly sophisticated …
The Guardian:
The UK announces legislation to outlaw making sexually explicit deepfake photos without consent, regardless of whether the creator intended to share the image  —  Offenders could face jail if image is widely shared under proposed amendment to criminal justice bill
Paul Alcorn / Tom's Hardware:
AMD unveils the Ryzen Pro 8040 series for business laptops and mobile workstations and the Ryzen Pro 8000 series for desktops, adding an NPU for AI processing  —  AMD is the first with a Pro desktop PC chip with an NPU for AI workloads.  —  AMD announced its Ryzen Pro portfolio today …
Natasha Lomas / TechCrunch:
Mozilla and CheckFirst: Apple, Google, Meta, and others' ad transparency efforts are a work in progress, months after the EU's DSA mandated a searchable library  —  Efforts by tech giants to be more transparent about the ads they run are — at very best — still a work in progress …
Jennifer A. Kingson / Axios:
Meta plans to launch a new education product for Quest that will let teachers access education apps for students ages 13+ and manage multiple headsets at once  —  - In time for the fall semester, it'll make available a suite of visually engrossing education apps that teachers can use with students ages 13+.
Foo Yun Chee / Reuters:
EU antitrust regulators are questioning Broadcom about changes to VMware's licensing conditions, following complaints from EU business users and a trade group  —  U.S. chipmaker Broadcom (AVGO.O) is being asked by EU antitrust regulators about changes to newly acquired cloud computing company …
David Pierce / The Verge:
Limitless unveils the $99 Limitless Pendant, a wearable AI gadget that transcribes meetings and provides real-time notes and summaries, shipping in August 2024  —  The Limitless Pendant doesn't exactly scream “AI.”  As Dan Siroker, the CEO of the company behind the new device …
Lizette Chapman / Bloomberg:
Andreessen Horowitz raised $7.2B, with $600M for American Dynamism, $3.75B for late-stage startups, and $600M for gaming, exceeding its target by ~4%  —  Andreessen Horowitz, one of Silicon Valley's biggest venture capital firms, has raised $7.2 billion in new funding — a sizable haul after a rocky period for the startup world.

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This is a Techmeme archive page. It shows how the site appeared at 12:25 PM ET, April 16, 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.

From Mediagazer

Alex Weprin / The Hollywood Reporter:
Filing: Byron Allen sold his 10.7% Starz stake over August and September, netting a bit less than $45M; he acquired it from Steve Mnuchin's Liberty 77 for $25M

Wall Street Journal:
MGM Resorts says talks with People Incorporated are over, after each weighed buying the other; MGM amended its voting deal with People, which owns ~27% of MGM

Mauro Orru / Wall Street Journal:
UMG reports Q3 revenue up 12% YoY to €3.39B, vs. €3.33B est., and subscription and streaming revenue up 18% to €1.81B, or up 8% excluding Downtown

More News

Earlier Picks

Billy Perrigo / TIME:
Google's Jigsaw expands Perspective API, a set of ML tools that help moderators and researchers identify toxicity, with seven attributes, including nuance
Fred Lambert / Electrek:
Sources: Tesla is focused on building a giant Texas data center for its robotaxi project, now a top priority, after postponing work on a cheaper vehicle
Peter Kafka / Business Insider:
Impressions of Waymo's robotaxis after several rides: amazing tech that quickly feels “normal”, but the car failed to understand a traffic cop's hand signals
Stephen Nellis / Reuters:
Adobe says it is in the early stages of developing a way to let Premiere Pro users tap AI models from OpenAI, Runway, and Pika Labs to generate video
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