Techmeme
May 13, 2024, 2:55 AM

Top News

New York Times:
A look at how Elon Musk uses X to support right-wing world leaders like Narendra Modi who could help secure advantages for his businesses  —  Minutes after it became clear that Javier Milei had been elected president of South America's second-largest nation in November, Elon Musk posted on X: “Prosperity is ahead for Argentina.”
Lucas Shaw / Bloomberg:
Sources: Apple has met with Hollywood talent representatives to propose a new performance-based compensation regime, as Amazon and Netflix work on similar plans  —  Apple builds a bonus system around sign-ups, viewer loyalty and production costs.  —  Good afternoon from 30,000 feet.
Saritha Rai / Bloomberg:
A look at 01.AI, which is launching Wanzhi, a free generative AI assistant focused on the Chinese market; CEO Kai-Fu Lee says 01.AI is nearing profitability  —  - His startup 01.AI is introducing its first consumer AI app  — China needs a catalyst in the same way ChatGPT fueled the US
Matthew Green / @matthew_d_green:
Following attempts to malign Signal as insecure by Telegram's CEO and Elon Musk, a look at why Signal is widely regarded by experts as more secure than Telegram  —  Telegram has launched a pretty intense campaign to malign Signal as insecure, with assistance from Elon Musk. The goal seems to be to get activists to switch away from encrypted Signal to mostly-unencrypted Telegram. I want to talk about this a bit. 1/
Nikkei Asia:
Sources: Arm plans to set up an AI chip division, aiming to build a prototype by spring 2025, with mass production expected to start later in the year  —  CEO Son seeks to invest $64bn, including in data centers and robotics  —  TOKYO/LONDON — SoftBank Group subsidiary Arm will foray …
Sudip Kar-Gupta / Reuters:
Brad Smith says Microsoft will invest €4B in France, much of the investment would focus on AI, and Microsoft would set up a data center in Mulhouse, France  —  Technology and software giant Microsoft (MSFT.O) will invest 4 billion euros ($4.3 billion) in France as part …
More: Bloomberg
Heather Somerville / Wall Street Journal:
As VC firms pivot to investing in startups developing defense tech for the US and its allies, some of their business ties with China still linger  —  Investors with connections to China are backing startups developing tech that the U.S. wants to counter Beijing
Henry Mance / Financial Times:
Researcher Sonia Livingstone says constraining tech companies and empowering young people and parents are better alternatives to banning kids from social media  —  Social psychologist Sonia Livingstone says there are alternatives to banning the young from social media

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EP 108: Olivier Pomel (CEO, Datadog) Shares Every Lesson From Scaling to $40B
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Earlier Picks

Kyle Wiggers / TechCrunch:
Jasper Goodman / Politico:
Wes Davis / The Verge:
Abubakar Idris / The Information:
Bloomberg: