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May 24, 2024, 10:25 AM
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Top News

Reuters:
The US SEC approves applications from Nasdaq, Cboe, and the NYSE to list spot ether ETFs, potentially paving the way for them to begin trading later in 2024  —  The U.S. Securities and Exchange Commission on Thursday approved applications from Nasdaq, CBOE and NYSE to list exchange-traded funds …
Chris Welch / The Verge:
Spotify tells customers that its Car Thing dashboard accessory will stop working on December 9, less than a year after it went on sale, without offering refunds  —  Spotify's brief attempt at being a hardware company wasn't all that successful: the company stopped producing …
Jyoti Mann / Business Insider:
Screenshots of Google's AI Overview giving bizarre answers go viral, including telling users to add “1/8 cup of non-toxic glue” to make cheese stick to a pizza  —  - Google's AI Overviews feature suggested a user put glue on pizza so the cheese would stay put.
Reuters:
Sources: Samsung's HBM3 chips have yet to pass Nvidia's tests for use in the US company's AI processors due to heat and power consumption problems  —  Samsung Electronics' (005930.KS) latest high bandwidth memory (HBM) chips have yet to pass Nvidia's (NVDA.O) tests for use …
Bloomberg:
OpenAI releases a majority of past employees from nondisparagement agreements tied to their exit contracts and would not seek to cancel staffers' vested equity  —  - AI startup is changing policies for outgoing employees  — OpenAI apologized for restrictions in exit contracts
Associated Press:
The White House issues a call to action seeking companies' voluntary commitment to curb the creation, spread, and monetization of nonconsensual sexual AI images  —  President Joe Biden's administration is pushing the tech industry and financial institutions to shut down a growing market …
Camillus Eboh / Reuters:
A Nigerian court adjourned a money laundering trial against Binance and two of its executives to June 20 due to health issues of one executive, Tigran Gambaryan  —  A Nigerian court on Thursday adjourned a money laundry trial against cryptocurrency exchange Binance and two of its executives …

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From Mediagazer

Ted Johnson / Deadline:
A new filing from Nexstar in the DirecTV lawsuit says the existing restraining order freezing the Nexstar-Tegna merger could jeopardize assets of both companies

Minho Kim / New York Times:
A US appeals court pauses a lower-court order that would have reinstated around 1,000 Voice of America journalists and staff who had been put on paid leave

Jem Aswad / Variety:
WMG acquires independent music distributor Revelator, following Universal's Downtown acquisition, as the record industry focuses on serving independent artists

More News

Heather Landi / Fierce Healthcare Industry …:
Atropos Health, whose AI chatbot helps clinicians generate observational studies on real world data rapidly and at scale, raised a $33M Series B led by Valtruis
David Pierce / The Verge:
A look at Daylight Computer's DC1, a 10.5-inch, $729 tablet that feels like a hybrid of an iPad and a Kindle and runs on a custom Android-based OS called SolOS
Lucas Shaw / Bloomberg:
Sources: Alphabet and Meta have talked to Hollywood studios about licensing content for AI video generation tools; Disney and Netflix aren't willing to license
Natasha Lomas / TechCrunch:
A bill strengthening the UK Competition and Markets Authority to regulate tech giants like Apple and Google heads toward approval before the UK's July election

Earlier Picks

Ryan Christoffel / 9to5Mac:
Kuo: Apple is targeting a full-screen foldable MacBook launch in 2026 and considering a 20.25" or a 18.8" panel, with an M5 chip and Vision Pro-level price
CNBC:
US DOJ and state AGs sue to break up Ticketmaster parent Live Nation over alleged antitrust violations, following a DOJ probe and Taylor Swift fan complaints
Paul Sawers / TechCrunch:
Google details Umoja, the first fiber optic cable that would connect Africa and Australia, starting in Kenya and running via the DRC and others to South Africa
Maxwell Zeff / Gizmodo:
X Director of Engineering Haofei Wang says “we are making likes private” in an update happening “soon”, as “public likes are incentivizing the wrong behavior”
Mayank Parmar / BleepingComputer:
Users reported a massive Microsoft outage that impacted Bing, Copilot on the web and mobile, Copilot in Windows, ChatGPT's internet search, DuckDuckGo, and more
André Beganski / Decrypt:
The US House passes the Financial Innovation and Technology for the 21st Century Act, or FIT21, which would create a regulatory framework for digital assets
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