Techmeme
May 16, 2024, 12:05 PM

Top News

Javier Espinoza / Financial Times:
The EU opens a formal DSA investigation into Meta, to assess if Facebook, Instagram, and its other apps were reinforcing “rabbit hole” effects and other issues  —  Facebook and Instagram owner to be investigated on whether it does enough to protect mental health of young users
Wall Street Journal:
Source: Microsoft is asking about 700 to 800 employees involved in its China-based AI and cloud computing operations to consider relocating to other countries  —  Request comes as Biden administration toughens controls on China's access to cutting-edge American technology
Jez Corden / Windows Central:
Microsoft's decisions, like seemingly rowing back on Surface, Start Menu ads, closing studios, and porting AAA games to PS5, show a short-term financial focus  —  Microsoft has made a range of baffling decisions and awful mis-steps recently.  You can trace everything back to insatiable desire for money.
Sergiu Gatlan / BleepingComputer:
Google releases an emergency Chrome update to patch the third zero-day vulnerability exploited within a week, and the seventh zero-day fix in 2024 so far  —  Google has released a new emergency Chrome security update to address the third zero-day vulnerability exploited in attacks within a week.
Allison Johnson / The Verge:
Google announces Android theft protection features, like Theft Detection Lock, which detects motion indicating theft, and Private Space, to hide sensitive data  —  Google is announcing an array of new security features as it releases its second Android 15 beta, including a feature that can detect …
Andrew Heinzman / How-To Geek:
Bloomberg:
Microsoft's carbon emissions grew 29.1% from 2020 to 2023, as its push to be the global leader in AI puts its goal to be carbon negative by 2030 in peril  —  The company's goal to be carbon negative by 2030 is harder to reach, but President Brad Smith says the good AI can do for the world will outweigh its environmental impact.
Anna Tong / Reuters:
Vercel, which develops the Next.js framework, raised a $250M Series E led by Accel at a $3.25B valuation, and says it recently exceeded $100M in annual revenue  —  Vercel, a software startup that provides a platform for building cloud-based web applications, on Thursday said it has raised $250 million …
Sheena Vasani / The Verge:
Microsoft unveils the Proteus Controller, a $299 modular game controller kit for disabled Xbox and PC gamers by peripheral company ByoWave, shipping in the fall  —  On Wednesday, Microsoft announced the Proteus Controller, a $299 modular video game controller kit that lets Xbox gamers with disabilities customize their controllers.
Associated Press:
Senate hearing: US DNI Avril Haines says foreign adversaries will again seek to influence the upcoming elections, harnessing AI to spread disinformation  —  America's foreign adversaries will again seek to influence the upcoming U.S. elections, top security officials warned members of the Senate Wednesday …
Harry McCracken / Fast Company:
An interview with Apple's Greg Joswiak and John Ternus on the new iPad lineup, the M4 chip, why the iPad and Mac both matter, the iPad as an “AI PC”, and more  —  Apple's Greg Joswiak and John Ternus on the new iPad lineup, why the iPad and Mac both matter, the iPad as an ‘AI PC,’ and more.
Marina Temkin / TechCrunch:
Israel-based Agora, which develops real estate investment management software, raised a $34M Series B, bringing its total funding to $63M  —  Since he was very young, Bar Mor knew that he would inevitably do something with real estate.  His family was involved in all types of real estate projects …
Brendan I. Koerner / Wired:
An undercover investigation details working as a rotating cast of low-wage workers hired to pretend to be influencer girlfriends on OnlyFans  —  Your online influencer girlfriend is actually a rotating cast of low-wage workers.  I became one of them.  —  Because I have a deep and childish fear …
Bloomberg:
Blackstone agrees to buy a majority stake in Israeli enterprise software company Priority Software, which has 17K clients and 500+ staff, at an $800M valuation  —  - Deal values enterprise software company at $800 million  — Transaction is latest in a string of Israeli tech deals

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The Logan Bartlett Show:
EP 108: Olivier Pomel (CEO, Datadog) Shares Every Lesson From Scaling to $40B
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More News

Todd Spangler / Variety:
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Earlier Picks

Lauren Feiner / The Verge:
Kristin Robinson / Billboard:
Todd Shields / Bloomberg:
Jordan Novet / CNBC:
Dan Robinson / The Register:
CNBC:
Wes Davis / The Verge:
Sam Kessler / CoinDesk: