| 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 … | Shubham Sharma / VentureBeat: |
Cohere for AI, the nonprofit research arm of AI startup Cohere, announces the open weights release of Aya 23, a family of multilingual language models — Today, Cohere for AI (C4AI), the non-profit research arm of Canadian enterprise AI startup Cohere, announced the open weights release of Aya 23 … | Kalley Huang / The Information: |
Sources: Meta is considering charging users for a more advanced version of Meta AI and is developing AI agents that can complete tasks without human supervision — Meta Platforms is considering charging users for a more advanced version of its artificial intelligence-powered assistant … | 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| Connie Loizos / TechCrunch: |
Email: Foursquare lays off 105 employees as the company seeks to streamline its operations; source: the layoffs represent about 25% of total company employees — Foursquare, the location-focused outfit that in 2020 merged with Factual, another location-focused outfit, is joining the parade … | Fanny Potkin / Reuters: |
Sources: Nvidia is selling its China-specific H20 chip at a 10%+ discount to Huawei's Ascend 910B, highlighting Nvidia's challenges in China amid US sanctions — Nvidia's (NVDA.O) most advanced AI chip it developed for the China market has got off to a weak start, with abundant supply forcing … | Kif Leswing / CNBC: |
Nvidia CEO Jensen Huang's 3.5%+ stake in the company grew from $3B to $90B in five years, as the stock grew 28x in five years and more than doubled this year — Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion.| Andy Greenberg / Wired: |
A profile of Lin Rui-siang, a 23-year-old Taiwanese accused by the US DOJ of running a $100M+ dark-web drug market who had an alter ego as a crypto crime expert — The strange journey of Lin Rui-siang, the 23-year-old accused of running the Incognito black market, extorting his own site's users … | New York Times: |
Ukrainian officials say Russia is deploying more advanced tools to disrupt Starlink, raising questions about its reliability against sophisticated adversaries — Russia has deployed advanced tech to interfere with Elon Musk's satellite internet service, Ukrainian officials said … | Mishaal Rahman / Android Authority: |
Google increases the Play Store's app price limit to $999.99 or the local equivalent, a 150% jump from the previous price limit of $400 set in October 2015 — - Developers can now price their products on Google Play as high as $999.99. — The previous app price limit was $400, set back in late 2015.| Manish Singh / TechCrunch: |
Google invests nearly $350M in Walmart-owned Indian e-commerce startup Flipkart, as part of a ~$1B funding round led by Walmart, which invested $600M in 2023 — Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Walmart-owned Indian e-commerce startup.| Blake Brittain / Reuters: |
A Texas federal jury orders Micron to pay $445M to computer memory company Netlist for willfully infringing on two patents related to improving memory modules — Chipmaker Micron Technology (MU.O) owes computer-memory company Netlist (NLST.PK) $445 million in damages for violating Netlist's patent rights … | 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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