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June 6, 2024, 6:10 PM
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David McCabe / New York Times:
Sources: the US DOJ will take the lead in investigating whether Nvidia has violated antitrust laws; the US FTC will lead the inquiries into OpenAI and Microsoft  —  The Justice Department and the Federal Trade Commission agreed to divide responsibility for investigating three major players in the artificial intelligence industry.
Wall Street Journal:
Source and documents: the US FTC sent civil subpoenas to Microsoft and Inflection AI seeking information about how and why they negotiated their partnership
Financial Times:
US DOJ Assistant AG for Antitrust Jonathan Kanter says he is examining “monopoly choke points and the competitive landscape” in AI, cloud, data, GPUs, and more
Zac Bowden / Windows Central:
After Microsoft eroded Windows users' trust with bad practices for years, Recall is a PR disaster, as users remain skeptical despite the company's assurances  —  The world is up-in-arms over Windows Recall, but why?  It stems from Microsoft's seeming lack of care for Windows and its users.
Mark Gurman / Bloomberg:
Sources: Apple plans a dedicated Passwords app in iOS 18 and macOS 15, powered by the iCloud Keychain; Apple will let users import passwords from rival services  —  Apple Inc. will introduce a new homegrown app next week called Passwords, aiming to make it easier for customers to log …
Carl Franzen / VentureBeat:
Adobe faces a backlash over its terms of service that say Adobe may access user content via “automated and manual methods” to improve its services and software  —  Adobe has been one of the leading legacy enterprise software companies to embrace generative AI and make it accessible …
Ivan Mehta / TechCrunch:
Google partners with RapidSOS, a platform for emergency first responders, to let users contact 911 via RCS, from December and initially only in Google Messages  —  Google said today it is partnering with RapidSOS, a platform for emergency first responders, to enable users to contact 911 through RCS (Rich Messaging Service).
New York Times:
Sources: as the Ai Pin flopped, with just ~10K orders by early April, Humane started talking to HP about selling itself for $1B+; Humane has raised $240M  —  Days before gadget reviewers weighed in on the Humane Ai Pin, a futuristic wearable device powered by artificial intelligence …
Amanda Silberling / TechCrunch:
Cara, an artist-run, anti-AI social platform, grew from 40K to 650K users in the past week, as some Instagram artists leave over plans to train AI on user data  —  ‘Building a product is a bit like making art,’ said founder Jingna Zhang  —  Artists have finally had enough with Meta's predatory AI policies …
Rachel Graf / Bloomberg:
A US federal court finds Mike Lynch not guilty of criminal charges that he duped HP into buying Autonomy for $11B in 2011; he lost a UK civil trial in 2022  —  - Stunning victory at criminal trial follows loss in civil case  — He's complained for years that he was scapegoated over merger
Sergiu Gatlan / BleepingComputer:
The FBI urges LockBit ransomware victims to reach out after getting 7,000+ decryption keys to recover data for free; police seized 2,500+ keys in February 2024  —  The FBI urges past victims of LockBit ransomware attacks to come forward after revealing that it has obtained …
Caitlin Ostroff / Wall Street Journal:
Robinhood plans to acquire crypto exchange Bitstamp for $200M, in a deal expected to close in H1 2025, and says Bitstamp would still operate under its own brand  —  Move comes a month after SEC notice of a potential lawsuit over the brokerage's crypto offerings
Aaron Tilley / Wall Street Journal:
Sources detail how Apple fell behind in the AI race: its AI team failing to collaborate with product teams, a lack of access to computing resources, and more  —  For those who saw them, the demonstrations inside Apple increase earlier this decade of a revamped Siri offered a showcase …
Aisha Counts / Bloomberg:
Meta plans WhatsApp features, including an AI-powered assistant for businesses in India and Singapore, and AI tools to create ads in English-speaking markets  —  - Assistant lets businesses chat with customers using AI  — New features will roll out first in India and Singapore
Jagmeet Singh / TechCrunch:
Google rolls out its Gemini-powered note-taking assistant NotebookLM to 200+ new countries, including Brazil and India, and adds Slides and web URLs as sources  —  Google on Thursday said it is rolling out NotebookLM, its AI-powered note-taking assistant, to over 200 new countries …
Bloomberg:
eBay emails customers to say the service will drop American Express cards as a payment option because of “unacceptably high” transaction fees, from August 17  —  - Online marketplace calls Amex fees ‘unacceptably high’  — Change to take effect Aug. 17; Amex defends its fees
Wall Street Journal:
A profile of ASML CEO Christophe Fouquet, a 51-year-old Frenchman who sources say supports global tech collaboration, as ASML starts to worry about geopolitics  —  ASML makes some of the most advanced chip-making machines.  It must balance Western demands to curb China's access while keeping a foothold in a key market.
Jess Weatherbed / The Verge:
Discord adds new monetization features for developers and plans to halve the 30% platform fee to 15% for their first $1M in cumulative gross sales  —  Discord is introducing new tools and monetization features that aim to make it easier for app developers to make money by selling premium perks via storefronts on the platform.
More: The Information and CoinGape.  Bluesky: @amrith.co
Olga Kharif / Bloomberg:
Sources: Kraken seeks to raise $100M+ in a pre-IPO round; the crypto exchange's previous attempts to go public were thwarted in part by a dispute with the SEC  —  - Crypto exchange has talked about doing IPO for several years  — Closely held exchange is engaged in a dispute with the SEC

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This is a Techmeme archive page. It shows how the site appeared at 6:10 PM ET, June 6, 2024.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

From Mediagazer

Ted Johnson / Deadline:
A US federal judge sets the antitrust trial over Paramount's acquisition of WBD for March 2 to March 19, 2027; Paramount had sought a November start

Nellie Andreeva / Deadline:
Hearst announces an agreement to acquire Disney's 50% interest in A+E Global Media for around $1.2B in cash and expects to close the deal in September

Sara Fischer / Axios:
Axel Springer names Business Insider's interim CEO Christian Baesler as the outlet's permanent CEO; he plans to keep focusing on direct sales and subscriptions

More News

Jason Schreier / Bloomberg:
How Suicide Squad became the biggest video game flop of 2024 so far, including a tumultuous development and delayed release; WBD took a $200M loss on the game

Earlier Picks

Wired:
Investigation: 22M+ flight coordinates show how the US' first police drone program, in Chula Vista, California, impacts residents and raises privacy concerns
David Pierce / The Verge:
Carl Pei says smartphones will be the main AI form factor of the future, but the UX needs to be redefined, and Phone (3) will be Nothing's first true AI phone
Kif Leswing / CNBC:
Nvidia hit a $3T+ market cap on June 5, rising over 5% and passing Apple at $2.99T as the second most valuable public US company, behind Microsoft at $3.15T
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