| 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: |
| 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 … | 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 … | 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 … | 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 … | 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 creating sexually explicit deepfake photos without consent, regardless of whether creators intended to share the images — Offenders could face jail if image is widely shared under proposed amendment to criminal justice bill| Matthew Connatser / The Register: |
Intel's Gaudi 3 white paper details the made-for-China processors HL-328 and HL-388, likely designed to comply with US export controls by reducing performance — Intel is set to launch two China-exclusive models of its Gaudi 3 AI accelerator, and they'll be substantially crippled to fit in with US sanctions.| Pierluigi Paganini / Security Affairs: |
Resecurity: malicious cyber activities targeting the Philippines, like cyberattacks and misinformation campaigns, grew 300%+ YoY in Q1, as China tensions rise — Amidst rising tensions with China in the SCS, Resecurity observed a spike in malicious cyber activity targeting the Philippines in Q1 2024.| 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 … | Lizette Chapman / Bloomberg: |
Andreessen Horowitz raised $7.2B, including $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.| 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 … | Sabrina Willmer / Bloomberg: |
Filing: MGM sues the FTC to stop an investigation into a 2023 cyberattack and asks for Chair Lina Khan's recusal; Khan stayed at the MGM Grand in September 2023 — - Agency chair Lina Khan was visiting resort during cyber attack — Lawsuit alleges FTC asked company for ‘100 categories’ of data| Julie Creswell / New York Times: |
Ghost kitchens and virtual restaurant brands, which boomed during the pandemic after raising billions, are disappearing due to overtaxed kitchens and complaints — Ghost kitchens and virtual brands became a way for idle restaurant kitchens to generate revenue.| 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 … | Jane Lanhee Lee / Bloomberg: |
AI chip developer Rivos, which recently settled with Apple over trade secret theft, raised $250M+ led by Matrix to compete with Nvidia using its RISC-V chips — - US upstart targets data analytics and generative AI markets — Matrix Capital leads round, with Intel, MediaTek participating| Natasha Lomas / TechCrunch: |
Apple debuts web distribution of iOS apps to EU users, allowing qualifying devs who opt in to its Core Technology Fee to offer direct downloads from their sites — Apple is opening up web distribution for iOS apps targeting users in the European Union from today.| Ashley Carman / Bloomberg: |
Spotify says 25% of paid users in the US, UK, and Australia have started an audiobook as part of their subscriptions; 57% are between 18 and 34 years old — - Spotify listeners skew younger, with 57% age 18 to 34 — Certain subscribers receive 15 hours of listening per month| Kari Paul / The Guardian: |
A look at Neopets, which launched in 1999 to let users care for virtual pets, including surviving multiple acquisitions and browsers phasing out Flash in 2017 — An icon of millennials' childhoods languished for nearly two decades. Now it's attempting a comeback - banking on the fact that it hasn't changed at all| 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+.| 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 … | Todd Spangler / Variety: |
TikTok and ticketing provider AXS sign a deal to let users buy tickets to live events in the US, the UK, and more; TikTok has had a Ticketmaster deal since 2022 — TikTok inked a partnership with ticketing provider AXS to let users of the popular video app discover and buy tickets to live events.
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