Techmeme
May 29, 2024, 5:45 PM

Top News

Sergiu Gatlan / BleepingComputer:
The US and global partners dismantle the 911 S5 proxy botnet, “likely the world's largest botnet ever” affecting 19M+ unique IPs, and arrest its administrator  —  The U.S. Justice Department and international partners dismantled the 911 S5 proxy botnet and arrested 35-year-old Chinese national YunHe Wang, its administrator.
Sergiu Gatlan / BleepingComputer:
Abner Li / 9to5Google:
Google announces the $230 Fitbit Ace LTE, a smartwatch for kids ages 7+, with games, messaging, and features for parents like location sharing  —  The Fitbit Ace LTE is Google's newest Wear OS device and meant to encourage kids (ages 7+) to be healthy through games, while also serving …
Matt Binder / Mashable:
Ticketmaster appears to have been breached by hacker group ShinyHunters, which claims it stole 560M customers' sensitive data and is trying to sell it for $500K  —  Emails, phone numbers, addresses, and even financial details have allegedly been exposed by a notorious hacker group.
Mark Gurman / Bloomberg:
Apple is seeking a senior engineer to help build a TV and sports app for Android, a sign the company is bringing its TV+ service to the rival platform  —  - Company is seeking Android engineer to help build new app  — It's rare for Apple to develop software for rival platform
Wayne Ma / The Information:
Sources: to preserve privacy, Apple plans to process data from AI apps in a virtual black box in data centers, making the data impossible for staff to access  —  When Apple executives appear at its annual developer conference in mid-June, they are expected to unveil details of how it will integrate AI …
Joanna Nelius / The Verge:
Arm announces its next-generation CPU and GPU designs for flagship smartphones: the Cortex-X925 CPU and Immortalis G925 GPU, likely in smartphones in late 2024  —  On Wednesday, IP core designer Arm announced its next-generation CPU and GPU designs for flagship smartphones: the Cortex-X925 CPU and Immortalis G925 GPU.
Sarah Wynn / The Block:
Crypto exchange Gemini says Gemini Earn users will get $2.18B in crypto back in kind within the next year, after the lending program folded in November 2022  —  - Those funds will be distributed in kind, meaning Gemini Earn customers who lent one bitcoin will receive one bitcoin back.
Kyle Wiggers / TechCrunch:
Mistral AI releases 22B-parameter Codestral, its first generative AI model for coding, trained on 80+ programming languages and prohibited for commercial use  —  Mistral, the French AI startup backed by Microsoft and valued at $6 billion, has released its first generative AI model for coding, dubbed Codestral.
Hannah Miller / Bloomberg:
PayPal adds its PayPal USD stablecoin, launched on Ethereum in August 2023 and issued by Paxos, to Solana; PYUSD currently has a nearly $400M market cap  —  - The payments company launched PYUSD on Ethereum in August  — PayPal chose Solana for speed and low cost, despite outages
Wall Street Journal:
Sources: Musk and Trump talk many times/month, on topics like a role in a Trump admin, action on “voter fraud”, and X; Musk is organizing friends against Biden  —  Donald Trump and Elon Musk have discussed a possible advisory role for the Tesla leader should the presumptive …
Brandon Vigliarolo / The Register:
Colorado governor Jared Polis signs a right-to-repair bill that includes a strong ban on parts pairing and takes effect on January 1, 2026  —  But the repairability war isn't over, says iFixit's Kyle Wiens  —  A right to repair rule just signed into law in Colorado is earning praise …
Larry Dignan / Constellation Research:
Salesforce reports Q1 revenue up 11% YoY to $9.13B, vs. $9.15B est., and forecasts Q2 revenue below expectations; CRM drops 17%+ after hours  —  Salesforce's second quarter outlook missed expectations, but the company said it is still early innings for generative AI demand.
Drew Harwell / Washington Post:
How the Biden administration passed on TikTok's Project Texas, a proposal to let the US pick its board, veto hires, and more, opting instead for a sale or a ban  —  TikTok offered the Biden administration control over its U.S. operations and a kill switch if things went south.  The Biden administration took a pass.
Mike Wheatley / SiliconANGLE:
AI training data provider Scale AI releases SEAL Leaderboards, which uses private datasets to rank LLMs in domains like coding, instruction following, and math  —  Artificial intelligence training data provider Scale AI Inc., which serves the likes of OpenAI and Nvidia Corp. …
Kate Irwin / PCMag:
The Internet Archive says it has been under a DDoS attack for the past three days, making access to its services inconsistent, but “the data is not affected”  —  The California-based nonprofit that archives books and webpages online experiences distributed denial-of-service attacks …
Yoolim Lee / Bloomberg:
The National Samsung Electronics Union, representing ~28K workers, plans its first ever strike after wage negotiations, ongoing since the start of 2024, stalled  —  - The union is largest among several at the Korean company  — Samsung has been playing catchup in memory chips for AI
Belle Lin / Wall Street Journal:
PwC plans to roll out ChatGPT Enterprise to its 75K US staff and 26K UK staff, becoming the largest customer and first reseller of OpenAI's enterprise product  —  The Big Four accounting firm signs a new license and sales deal as the maker of ChatGPT ramps up its enterprise sales efforts
Cory Weinberg / The Information:
Source: cloud GPU provider CoreWeave, which was last valued at $19B and raised ~$10B in equity and debt over the past year, plans an IPO in H1 2025  —  Cloud computing startup CoreWeave, one of the biggest beneficiaries of the artificial intelligence boom, has been on a fundraising spree …
Barry Schwartz / Search Engine Land:
Google plans to shut down Google Business Profile chat and call history, which let customers contact businesses in Maps and Search, on July 31, 2024  —  Google will be shutting down the Google Business Profile chat and call history feature on July 31, 2024.

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Earlier Picks

Norman Goh / Nikkei Asia:
Kim Zetter / Wired:
Emilia David / The Verge:
Sarah Perez / TechCrunch:
Sarah Wynn / The Block: