| Financial Times: |
The UK FCA fines Coinbase £3.5M for providing payment services to 13K+ “high-risk” customers, in the agency's first enforcement action against a crypto company — Penalty for exchange's payments unit is first enforcement action by FCA against a crypto company| Emanuel Maiberg / 404 Media: |
Reddit appears to be blocking search engines that don't rely on Google's indexing; Bing, DuckDuckGo, Mojeek, and others are not showing recent Reddit results — DuckDuckGo, Bing, Mojeek, and other search engines are not returning full Reddit results any more.| Barry Schwartz / Search Engine Land: |
| Zac Bowden / Windows Central: |
Microsoft unveils Bing generative search, which shows AI-generated answers with the sources used to create them, currently available to a small subset of users — Bing will soon prioritize AI-generated answers alongside traditional search results. — When you purchase through links on our site, we may earn an affiliate commission.| Sam Altman / Washington Post: |
We need a US-led global coalition of like-minded countries and a new strategy to ensure that a democratic vision for AI prevails over an authoritarian one — Sam Altman is co-founder and CEO of OpenAI. — Who will control the future of AI? — That is the urgent question of our time.| Samantha Cole / 404 Media: |
Source and doc: Runway scraped thousands of videos from YouTube creators and brands, including Disney and VICE News, to train its Gen-3 AI video generation tool — A leaked internal document shows Runway's celebrated Gen-3 AI video generator collected thousands of YouTube videos and pirated movies for training data.| Josh Eidelson / Bloomberg: |
Around 500 World of Warcraft workers vote to unionize with the CWA, bringing the number of unionized US gaming employees at Microsoft to around 1,750 — World of Warcraft workers have voted to unionize the popular video-game franchise, expanding organized labor's new foothold at Microsoft Corp. by around 500 employees.| Akila Quinio / Financial Times: |
Revolut secures a preliminary UK banking license, ending a three-year long regulatory battle; the London-based fintech has ~9M UK customers and 45M+ globally — London-based fintech receives approval from regulators in boost to expansion plans — Revolut has secured a UK banking licence … | Nick Robins-Early / The Guardian: |
Insurer Parametrix estimates that the global outage sparked by CrowdStrike's faulty update will cost US Fortune 500 companies, excluding Microsoft, $5.4B — Banking and healthcare firms, major airlines expected to suffer most losses, according to insurer Parametrix| Paul Alcorn / Tom's Hardware: |
AMD delays its Zen 5 Ryzen 9000 launch, originally set for July, to August due to an unspecified quality issue, and pulls back all units shipped to replace them — AMD hits the brakes on its Zen 5-powered Ryzen 9000 processors. — AMD announced today that it has delayed its Zen 5 Ryzen 9000 launch due … | Olivia Carville / Bloomberg: |
Meta removes ~63K Instagram accounts used by sextortion scammers in Nigeria, along with ~7,200 Facebook assets, including accounts linked to the Yahoo Boys — - Purge includes thousands of Groups offering sextortion ‘tips’ — One network of 20 criminals was running 2,500 fake accounts| Ivan Mehta / TechCrunch: |
After investigating how Meta handles AI-generated explicit images, Oversight Board asks Meta to use the terminology “non-consensual” over “derogatory”, and more — Following investigations into how Meta handles AI-generated explicit images, the company's semi-independent observer body … | Taylor Soper / GeekWire: |
Chainguard, which helps companies secure their software supply chain, raised a $140M Series C co-led by Redpoint, Lightspeed, and IVP at a $1.12B valuation — Kirkland, Wash.-based cybersecurity startup Chainguard announced a $140 million Series C investment, bumping its valuation … | Romain Dillet / TechCrunch: |
Privacy-focused developer Proton debuts a self-custody bitcoin wallet, its first cryptocurrency product, initially available to early access users — When you think about it, Proton has always been a crypto company — cryptography, not cryptocurrency. But the Switzerland-based company … | Dana Hull / Bloomberg: |
Elon Musk's poll asking if Tesla should invest $5B in xAI ends with 67.9% voting yes, after Musk said on Tesla's earnings call that he supported the idea — - CEO takes poll on whether EV maker should back his startup — The two companies have intermingled on procurement, recruiting| Justine Calma / The Verge: |
A NASA-funded study of satellite data finds traffic-related N02 pollution spiked ~20% near ~150K large US warehouses, which have proliferated due to e-commerce — The data is in, and it shows a significant rise in air pollution where e-retailers build their warehouses … | Chance Miller / 9to5Mac: |
Apple launches Apple Maps on the web in beta, available in English and compatible with Safari and Chrome on Mac and iPad, and Chrome and Edge on Windows PCs — Apple is bringing Apple Maps to the web for the first time. In a press release today, the company announced that you can now access Apple Maps … | Todd Spangler / Variety: |
The new Disney+, Hulu, and Max streaming bundle goes on sale in the US for $16.99 per month with ads and $29.99 per month without ads — Dragons, Jedis, Marvel and DC superheroes, Harry Potter, Disney princesses — and more from Disney and Warner Bros. Discovery — are now available to stream for a reduced monthly price.| Emilia David / VentureBeat: |
OpenAI introduces Rule-Based Rewards, a method to automate some model fine-tuning and cut down the time required to ensure a model behaves safely — OpenAI announced a new way to teach AI models to align with safety policies called Rules Based Rewards. — According to Lilian Weng … | Omkar Godbole / CoinDesk: |
DefiLlama and Wintermute: the aggregate market cap of stablecoins crossed $164B for the first time since the collapse of Terra in May 2022; USDT is at $114.26B — Renewed expansion in stablecoins is bullish for the broader crypto market. — Expansion of the stablecoin market is bullish for the broader crypto ecosystem.| Shubham Sharma / VentureBeat: |
Mistral announces Mistral Large 2, the new generation of its flagship model, with 123B parameters; commercial usage requires a separate license — The AI race is picking up pace like never before. Following Meta's move just yesterday to launch its new open source Llama 3.1 …
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