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Techmeme
May 24, 2024, 2:30 PM
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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 …
Lawrence Abrams / BleepingComputer:
A look at the privacy and security concerns surrounding Microsoft's Recall, which will record everything users do in Windows for up to three months by default  —  Microsoft's announcement of the new AI-powered Windows 11 Recall feature has sparked a lot of concern, with many thinking …
Chance Miller / 9to5Mac:
Apple says that users' deleted photos that resurfaced after installing iOS 17.5 weren't synced to iCloud Photos and could have persisted after restoring backups  —  Earlier this week, Apple released iOS 17.5.1 to address a rare problem where deleted photos would reappear on a user's device after installing iOS 17.5.
Reuters:
Sources: Samsung's HBM3 and HBM3E 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 …
David Pierce / The Verge:
A look at Daylight Computer's DC1, a 10.5-inch, $729 tablet that feels like a Kindle-iPad hybrid and runs on SolOS, a custom Android-based OS for “deep focus”  —  There's a new company in the race to make a less distracting, more minimalist, and generally sanity-saving kind of computer.

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From Mediagazer

Etan Vlessing / The Hollywood Reporter:
Starz reports Q3 revenue of $322.4M, vs. $319.5M est., a net loss of $34.8M, down from $52.6M in Q3 2025, and linear TV revenue of $95.8M, vs. $98.1M in Q3 2025

Wall Street Journal:
MGM Resorts says talks with People Incorporated are over, after each weighed buying the other; MGM amended its voting deal with People, which owns ~27% of MGM

Mark Stenberg / Adweek:
A source and internal figures: Condé Nast forecasts $130M in Q4 US advertising, $35M+ below its goal; Condé Nast says the figures are “materially inaccurate”

More News

Manish Singh / TechCrunch:
Google invests nearly $350M in Walmart-owned Indian e-commerce startup Flipkart, as part of a nearly $1B round led by Walmart, which invested $600M in late 2023
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
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
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
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

Earlier Picks

Bloomberg:
OpenAI releases a majority of past employees from nondisparagement agreements tied to their exit contracts, and says it won't seek to cancel their vested equity
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
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
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