Techmeme
August 29, 2024, 8:20 PM

Top News

Daniel Carvalho / Bloomberg:
A Brazilian Supreme Court justice blocks Starlink bank accounts in Brazil in a bid to force Elon Musk to pay X's fines; the court has also threatened to block X  —  - Starlink bank accounts blocked to pay for fines on X  — Court threatens to block X for lack of Brazil representative
Bloomberg:
Sources: Nvidia, Apple, and Microsoft, the three most valuable tech companies, are in talks to join the funding round that would value OpenAI at over $100B  —  - Apple, Microsoft also have been in talks about participating  — Financing would value OpenAI at more than $100 billion
Zack Whittaker / TechCrunch:
Google says Russia-linked APT29 is using exploits that are “identical or strikingly similar” to those previously made by spyware makers Intellexa and NSO Group  —  Google says it has evidence that Russian government hackers are using exploits that are “identical or strikingly similar” …
Ina Fried / Axios:
Shirin Ghaffary / Bloomberg:
The US says OpenAI and Anthropic agreed to give the US AI Safety Institute early access to major new AI models to test and evaluate their capabilities and risks  —  The US government announced agreements with leading artificial intelligence startups OpenAI and Anthropic to help test and evaluate their upcoming technologies for safety.
Kyle Wiggers / TechCrunch:
Magic, which makes AI tools for coding and to automate software development tasks, raised $320M from Eric Schmidt and others, bringing its total raised to $465M  —  Magic, an AI startup developing models to generate code and automate a range of software development tasks …
Kif Leswing / CNBC:
Dell Q2: revenue up 9% YoY to $25.06B, vs. $24.53B est., servers and networking revenue up 80% to $7.76B, net income up 85% to $841M; DELL jumps 7%+ after hours  —  Dell reported quarterly results on Thursday that beat Wall Street expectations, powered by an 80% increase in server sales.
Alex Isenstadt / Politico:
In his upcoming book, Trump says Mark Zuckerberg plotted against him during the 2020 election and he'd “spend the rest of his life in prison” if he did it again  —  The Meta CEO earlier this week asserted that Biden administration tried to “pressure” the company to downplay content about Covid.
Jay Peters / The Verge:
Meta is opening up Horizon Worlds to users aged 10 to 12 with parental approval, and rolls out a new age rating system for worlds to help parents supervise kids  —  As part of the rollout, parents will have a significant amount of control over what experiences their preteens can access …
Kate Knibbs / Wired:
Facebook, Instagram, Craigslist, Tumblr, the NYT, the FT, The Atlantic, Vox Media, USA Today, Condé Nast, and more block Apple's Applebot-Extended AI crawler  —  This summer, Apple gave websites more control over whether the company could train its AI models on their data.
Katie Paul / Reuters:
Meta says its Llama models were downloaded almost 350M times, are used by AT&T and others, and usage via cloud providers more than doubled from May to July 2024  —  Meta's (META.O) Llama artificial intelligence models are being used by companies including Goldman Sachs (GS.N) and AT&T …
Financial Times:
Sources: the EU is investigating if Telegram gave inaccurate user numbers to stay under the DSA's 45M threshold; Telegram reported 41M EU users in February 2024  —  Brussels probing possible failure by messaging platform to provide accurate data under new regulations
Katie Kilkenny / The Hollywood Reporter:
Anti-piracy group ACE says it worked with Hanoi police to shutter Hanoi-based Fmovies and its affiliates, “the largest pirate streaming operation in the world”  —  The Alliance for Creativity and Entertainment, whose members include Netflix and Walt Disney Studios …
Rebecca Bellan / TechCrunch:
Sources: truck sharing platform Fluid Truck, which raised $80M+, has ousted its sibling co-founders, including CEO James Eberhard, after losing tens of millions  —  The startup is in the hole for millions  —  Fluid Truck, a startup that was founded to disrupt the commercial vehicle rental industry …
Sarah Perez / TechCrunch:
Automattic plans to shift Tumblr's backend to WordPress in a bid to make sharing work across the platforms easier, after acquiring Tumblr for $3M in August 2019  —  Tumblr is making the move to WordPress.  After its 2019 acquisition by WordPress.com parent company Automattic in a $3 million fire sale …

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More News

Tianyu Fang / Rest of World:

Earlier Picks

Eric Slivka / MacRumors:
Ben Weiss / The Verge:
Nico Grant / New York Times:
Sarah Perez / TechCrunch:
Abner Li / 9to5Google: