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May 31, 2024, 2:30 PM
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memeorandum
WeSmirchTop News
| Abner Li / 9to5Google: |
Google explains AI Overviews' viral mistakes and updates its systems, including “better detection for nonsensical queries” and limiting satire and humor content — Google this afternoon published a long response about AI Overviews and their accuracy.
More: The Keyword, CNET, Inc.com, MIT Technology Review, Engadget, Search Engine Roundtable, PCMag, Wired, ZDNet, CBS News, Tom's Guide, Thurrott, Wccftech, Washington Post, BGR, Livemint, Business Standard, Search Engine Journal, PhoneArena, Neowin, BetaNews, and Search Engine Land
Threads: @thatadamguy, @hughsteruk, @micfarris, and @katienotopoulos
X: @nitashatiku, @rustybrick, @gaganghotra_, @jenn_elias, @larryferlazzo, @richsangerseo, @carnage4life, @jenn_elias, @durvidimel, @lilyraynyc, and @carlhendy. Forums: Hacker News
| Emily Nicolle / Bloomberg: |
Tether acquires a $100M stake in US-listed bitcoin miner Bitdeer owned by Chinese billionaire Jihan Wu, with an option to buy $50M more in shares within a year — - Bitcoin miner is owned by the Chinese billionaire Jihan Wu — Bitdeer was previously in talks with private credit firms| Axios: |
The US Treasury Department plans to make the IRS' Direct File program permanent from the 2025 tax season and invites all states and Washington DC to participate — - Treasury announced earlier this month that more than 140,000 people participated in the Direct File pilot program …
More: Internal Revenue Service, Washington Post, Engadget, U.S. Department …, NBC News, PCMag, CNET, CNN, and Associated Press
Mastodon: @mcc@mastodon.social. X: @senwarren, @moreperfectus, @repkatieporter, @whitehouse, and @eodyne1
Forums: Hacker News and Slashdot
| Devin Coldewey / TechCrunch: |
Researchers claim that 2,107 US voters, mostly older, white Republican women, accounted for spreading 80% of the fake news on Twitter during the 2020 election — A pair of studies published Thursday in the journal Science offers evidence not only that misinformation on social media changes minds …
More: Ars Technica, Science, Science, Science, and Morningstar, Inc.
X: @mediaevan, @drjennings, @cphoffmann, @acerbialberto, @_jenallen, @_jenallen, @_jenallen, and @_jenallen
Forums: Hacker News, r/nottheonion, and Ars OpenForum
| Zheping Huang / Bloomberg: |
Sources: TikTok pauses plans to launch its e-commerce business in major European markets to focus on growth in the US where it's fighting the divest-or-ban law — - ByteDance halts plan to roll out shopping from Spain to Italy — Company aims to entrench itself in its most lucrative market
More: The Information, PYMNTS.com, Benzinga, CMU, The News International, and Cybernews.com. X: @carnage4life
| Reuters: |
More: Ars Technica, Semafor, Android Authority, The Verge, South China Morning Post, Mashable, Interesting Engineering, Silicon UK, 9to5Mac, TechSpot, Dexerto, Asia Financial, Android Headlines, Tech.co, Tech in Asia, Social Media Today, Benzinga, PYMNTS.com, Pixel Envy, JD Supra, The Texas Tribune, NewsBytes, and New York Post
Threads: @daveleebbg. X: @tiktokpolicy, @marchofer, @pearswick, and @readkrystalhu. LinkedIn: Emil Protalinski
Forums: r/technews, r/technology, and Slashdot
| Michael Kan / PCMag: |
Google plans to disable extensions built with the older Manifest V2 framework on June 3, beginning with users of Chrome's Beta, Dev, and Canary versions — The move begins with Chrome beta users on June 3, before a gradual phaseout of ‘Manifest V2’ extensions for all users in the coming months, which could impact uBlock Origin.
More: Chromium Blog, The Register, Ars Technica, TechSpot, Neowin, The Verge, Ghacks, and How-To Geek
| Reuters: |
Japanese crypto exchange DMM Bitcoin says it has lost 4,502.9 bitcoin, worth about $308M, in an “unauthorised leak”, and is investigating the incident — TOKYO, May 31 (Reuters) - Japan's cryptocurrency exchange DMM Bitcoin said on Friday that it had lost 4,502.9 bitcoin …
More: Elliptic, The Block, Bloomberg, TechCrunch, Blockworks, CoinDesk, Bitcoin Insider, CryptoSlate, Cryptonews, CoinGape, and Crypto Briefing
| Dan Primack / Axios: |
Sources: Vista Equity has written off the entire value of its investment in tech learning platform Pluralsight, three years after taking it private for $3.5B — - One source says that the Utah-based company's financials have improved, with a around 26% EBITDA growth in 2023 … | Joshua Benton / Nieman Lab: |
Rest of World retracts an article on WhatsApp misinformation “tip lines” in India after several fact-checking orgs detail how it was “riddled with inaccuracies” — Last week, the technology site Rest of World published a story on the apparent failings of WhatsApp misinformation “tip lines” in India.
X: @dau_mca, @dau_mca, @india_mca, and @dau_mca
| Dan Fitzpatrick / Forbes: |
OpenAI unveils ChatGPT Edu, an “affordable” version for universities, including GPT-4o access, custom GPT creation, and higher message limits than the free tier — OpenAI has announced ChatGPT Edu. This will be a specialized version of its AI platform designed specifically for universities.
More: OpenAI, OpenAI, ZDNet, PCMag, Fortune, The Decoder, iPhone in Canada Blog, BGR, WinBuzzer, Engadget, Maginative, and Android Headlines
Bluesky: @tylerking.bsky.social. X: @bali_maha. LinkedIn: Stuart McSkimming, Sandro Gianella, and Aliisa Rosenthal
Forums: r/OpenAI and r/technology
| Sarah Perez / TechCrunch: |
Spotify creates a refund process for its discontinued Car Thing gadget, as consumers sue claiming Spotify misled them by selling a soon-to-be obsolete product — Spotify is facing continued backlash over its decision to discontinue support for Car Thing, its in-car streaming device …
More: Engadget, Billboard, Thurrott, Tom's Guide, TalkAndroid.com, Mashable, TechSpot, ClassAction.org Blog, Music Ally, Benzinga, Phandroid, Ars Technica, The Verge, Android Headlines, PCMag, Android Authority, Liliputing, PhoneArena, ClassAction.org, Digital Music News, and 9to5Google
Forums: Hacker News, r/technology, r/LinusTechTips, r/gadgets, and Slashdot
| Paul Sawers / TechCrunch: |
The European Commission designates Temu as a “very large online platform” and says the company will have to comply with DSA rules by the end of September 2024 — Temu, the super low-cost e-commerce marketplace owned by Chinese online retailer Pinduoduo, is to face …
More: Associated Press, Silicon Republic, European Commission, The Verge, Reuters, Neowin, Tech Xplore, and Euractiv
| Natasha Lomas / TechCrunch: |
Spain's data protection regulator AEPD bans Meta from launching election features on Facebook and Instagram in the country, by using emergency powers in GDPR — Meta has been banned from launching features on Facebook and Instagram that would have collected data on voters in Spain using … | Eleanor Olcott / Financial Times: |
Sources: Saudi Arabia's Prosperity7 participated in a ~$400M round in Zhipu AI at a ~$3B valuation, making it the only foreign investor in Chinese generative AI — Aramco's Prosperity7 takes part in investment round for start-up Zhipu AI — A Saudi Arabian fund has backed China's … | Brian Fung / CNN: |
FCC ends the Affordable Connectivity Program, which helped low-income Americans afford internet service, after the House failed to approve additional funding — The Affordable Connectivity Program, which helped low-income Americans get online, is no more. — On Friday, the US government announced …
More: The Verge, The White House, Federal Communications …, Light Reading, Cord Cutters News, and ZDNet
X: @repaoc, @repgracemeng, and @whitehouse
| Kurt Wagner / Bloomberg: |
How Meta revamped Facebook's feed to show more posts from outside a person's network of friends and family, in a move to fight TikTok and win back younger users — - Feed now features a broader array of posts based on interest — More young adults are back on Facebook after years of declines
More: Business Insider. Threads: @simondowens, @davemolloy, @alexcartaz, @kurtwag8, @kurtwag8, and @mscottbrauer
X: @kurtwagner8 and @kurtwagner8
| Forbes: |
OpenAI is hiring research engineers to rebuild its robotics team; sources: the company plans to develop tech that robot makers will integrate into their systems — After disbanding its efforts to build a general purpose robot in 2020, the AI juggernaut is embarking on a new attempt …
More: BetaKit, The Decoder, The Robot Report, Axios, The Overspill, and The Information
Forums: r/OpenAI and r/singularity
| Evgeny Obedkov / Game World Observer: |
Sony says PS5 generated $106B in revenue in less than four years vs. PS4's $107B over seven years, PS5 in-game purchases spending up 176% over PS4, and more — Sony has published its annual business briefing. Here are the key takeaways about the performance of the PlayStation business and updates to the company's gaming strategy.
More: TechRadar, TweakTown, TechSpot, Benzinga, TheGamer, GamesIndustry.biz, and Kotaku
Forums: r/technology and r/Games
| Shubham Sharma / VentureBeat: |
ElevenLabs launches Sound Effects, a tool that lets users generate sound effects via prompts and uses an in-house model fine-tuned on Shutterstock's audio data — After launching tools for text-to-speech and speech-to-speech synthesis, AI voice startup ElevenLabs is moving to the next target.Sponsor Posts
Command Line:
We can build it. Can we judge it? — As agentic AI shortens the path from idea to shipped code, journey evaluation becomes a critical design skill.
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