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September 13, 2024, 6:30 PM
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memeorandum
WeSmirchTop News
| MacKenzie Sigalos / CNBC: |
MicroStrategy stock jumped 8%+ on Friday after founder Michael Saylor said it purchased another $1.1B worth of bitcoin, taking its bitcoin holdings to $14.6B — MicroStrategy shares jumped more than 8% on Friday after founder Michael Saylor said the company purchased another $1.1 billion worth of bitcoin.| CNBC: |
The White House plans to curb the “overuse and abuse” of the de minimis loophole used by Shein and Temu, which exempts packages worth $800 or less from tariffs — The Biden administration announced new steps on Friday to curtail what it calls the “overuse and abuse” …
More: The White House, The Information, Ars Technica, Supply Chain Dive, U.S. Department of Commerce, Associated Press, New York Times, MarketWatch, Yahoo Lifestyle, UPI, Nikkei Asia, BBC, Wall Street Journal, CNBC, Newsweek, Reuters, Bloomberg, Retail Brew, NPR, Sourcing Journal, Financial Times, PYMNTS.com, The Information, Chain Store Age, Quartz, Investor's Business Daily, AAF, The Business of Fashion, The Verge, and ZeroHedge News
X: @michaelsobolik, @replloyddoggett, @repgolden, @senmarcorubio, @ianbremmer, @secraimondo, @jonstivers, @jjensen2020, @senrickscott, @ddayen, @commercegov, @jeffreywestling, @hedgeyecomm, @brad_setser, @walteriley, @carnage4life, @repdeluzio, @repnikkib, and @yappelbaum
LinkedIn: Deborah Elms, Alex Kent, Matthew Hertz, Nick Coverdale, Richard Mojica, Pete Mento, and Laura Murphy
Forums: r/law, r/JoeBiden, r/Economics, r/SBCGaming, and r/news
| Paul Sawers / TechCrunch: |
Meta restarts training its AI systems on UK users' public Facebook and Instagram posts, having “incorporated regulatory feedback” to be “even more transparent” — Meta has confirmed that it's restarting efforts to train its AI systems using public Facebook and Instagram posts from its U.K. userbase.
More: Meta, The Record, Thurrott, Information Commissioner's …, The Cyber Express, The Tech Basic, Fast Company, Yahoo Finance, LBC, PhoneArena, Telegraph, and PCMag
Threads: @nickclegg and @katienotopoulos
X: @nickclegg, @dominic2306, @_andyburrows, @ylecun, @jason_kint, @jason_kint, @katebevan, @privacymatters, @michaelgove, @lilianedwards, @nickclegg, and @iconews
LinkedIn: Markus Reinisch and Marco Pancini
| Shubham Sharma / VentureBeat: |
Google debuts DataGemma models that use real world data from Google-created Data Commons to reduce hallucinations in queries revolving around statistical data — Google is expanding its AI model family while addressing some of the biggest issues in the domain.
More: The Keyword, SiliconANGLE, Android Police, Hugging Face, and MarkTechPost
LinkedIn: Prem Ramaswami, Dambo Ren, Ali Arsanjani, PhD, Xiaopeng Li, and Barak Turovsky. Forums: r/singularity
| TechCrunch: |
A TuSimple shareholder letter alleges “potentially fraudulent activities” as it tries to move ~$450M to China to pivot from self-driving trucks to AI animation — Some shareholders are threatening to sue — TuSimple, once a buzzy startup considered a leader in self-driving trucks …
X: @mattrosoff
| Romain Dillet / TechCrunch: |
Apple plans to allow alt app stores and browser engines on iPads in the EU with iPadOS 18 on September 16, after the EU added iPadOS to the DMA in April 2024 — It was a matter of time, but Apple is going to allow third-party app stores on the iPad starting next week, on September 16.
More: Apple Developer, MacRumors, The Verge, Engadget, iPhone in Canada Blog, The Tech Basic, How-To Geek, Apple Developer, Computerworld, Patently Apple, Thurrott, Digital Trends, 9to5Mac, AppleInsider, NewsBytes, BGR, MacStories, PhoneArena, and MSPoweruser
Forums: r/technology and r/europe
| Simon Willison / Simon Willison's Weblog: |
OpenAI's o1 models aren't a straightforward upgrade to GPT-4o, as they introduce some major cost and performance trade-offs in exchange for improved “reasoning” — OpenAI released two major new preview models today: o1-preview and o1-mini (that mini one is also a preview …
More: One Useful Thing, PYMNTS.com, VentureBeat, TechCrunch, Sherwood News, Cognition, Pivot to AI, Fortune, Fox Business, TechSpot, Techstrong.ai, The Algorithmic Bridge, The Hill, AIM, Watcher Guru, Shelly Palmer, Windows Central, ZDNET, Computerworld, CCN.com, Forbes, London Evening Standard, Tech Monitor, The Indian Express, OpenAI, and Wired
Threads: @mergesort. X: @binarybits, @elgrasel, @simonw, @plibin, @mehran__jalali, @gavinsbaker, @astarchai, @yanbozhang3, @astarchai, @ammaar, @liron, @netcapgirl, @smokeawayyy, @deedydas, @renick, @saurabhchalke, @burny_tech, @hosseeb, @colin_fraser, and @xari1lian
| Kyle Wiggers / TechCrunch: |
More: OpenAI, Android Authority, OpenAI, Big Technology, TechRadar, VentureBeat, XDA Developers, Financial Express, The Mirror, RetailWire, CNN, The Indian Express, PR Daily, Business Insider, Digits to Dollars, WinBuzzer, Spyglass, The Stack, The Decoder, PhoneArena, The Shortcut, Axios, and The Verge
X: @polynoamial, @openai, @altryne, @deliprao, @gregkamradt, @danshipper, @sullyomarr, @sama, @andrewmichaelio, @hwchung27, @iscienceluvr, @rubenhssd, @npew, @sullyomarr, @krishnanrohit, @shengjia_zhao, @_kevinlu, and @openai
LinkedIn: Murat Cakir, Matt Kroll, and Greg Yeutter
Forums: Hacker News, r/Professors, r/ChatGPTPro, r/slatestarcodex, and r/singularity
| Daniel Carvalho / Bloomberg: |
Brazil lifts the block on the bank accounts of X and Starlink after withdrawing ~$3.3M from the accounts to pay for fines imposed by the Supreme Court — - Transfer ends Starlink's banking freeze in the country — But social-media platform X remains banned by judicial order
More: Axios, The Hill, Reuters, GB News, Mashable, New York Times, The Indian Express, The Verge, and Cointelegraph
| Sarah Perez / TechCrunch: |
Spotify begins piloting parent-managed accounts for kids under 13 on family plans in select markets, including Denmark, New Zealand, and Sweden — Following the moves of other tech giants, Spotify announced on Friday it's introducing in-app parental controls in the form of “managed accounts” for listeners under the age of 13.| Andrew J. Hawkins / The Verge: |
Waymo and Uber plan to expand their two-year robotaxi partnership in Phoenix, Arizona, to Austin, Texas, and Atlanta, Georgia, starting in early 2025 — Waymo and Uber — bitter enemies turned awkwardly polite work friends — announced they were expanding their two-year robotaxi partnership …
More: Uber, Waymo, The Information, CNBC, Fortune, Associated Press, Fast Company, UPI, TechCrunch, Investor's Business Daily, The Hill, PCMag, and Engadget
X: @ejzim, @natlungfy, @bgurley, @conorsen, @binarybits, @waymo, and @mikeisaac
| Bloomberg: |
Sam Bankman-Fried asks for a new trial in an appeal to the 2nd Circuit US Court of Appeals and directly attacks US District Judge Lewis Kaplan for alleged bias — Jailed FTX co-founder Sam Bankman-Fried is asking for a new trial, blaming a federal judge for preventing him from mounting a proper defense.
More: CoinDesk, New York Times, Blockworks, The Block, Decrypt, CNN, Watcher Guru, and crypto.news
| Jonathan Stempel / Reuters: |
Filing: 23andMe will pay $30M to settle a lawsuit for failing to protect the privacy of 6.9M customers whose personal info was exposed in a 2023 data breach — 23andMe (ME.O) will pay $30 million and provide three years of security monitoring to settle a lawsuit accusing the genetics testing company …
More: PCMag, The Record, The Verge, TechCrunch, and BleepingComputer
| Samuel Stolton / Bloomberg: |
Sources: the European Commission is poised to conclude X does not fall under its Digital Markets Act, after a probe found X's impact on EU markets is too small — - X to avoid Digital Markets Act's list of dos and don'ts — Platform still faces a tough time from EU over disinformation| Bloomberg: |
Sources: CoreWeave is in talks to sell existing shares, valuing it at $23B, up from $19.1B in May 2024; shareholders, such as employees, may sell $400M to $500M — - Existing shareholders may sell up to $500 million: sources — Latest valuation eclipses the $19.1 billion from May round
More: SiliconANGLE
| Wall Street Journal: |
United Airlines plans to start testing Starlink internet service in early 2025, with the first passenger flights likely equipped with free Wi-Fi later in 2025 — Airlines see satellites providing faster, more consistent connections — Elon Musk may soon provide the Wi-Fi on your United flight.
More: The Verge, Gizmodo, ZDNET, Washington Post, CNBC, Barron's Online, NBC News, Fast Company, Entrepreneur, New Jersey Online, CNET, Fortune, New York Post, Ars Technica, PCMag, Forbes, Quartz, Associated Press, CBS News, TechEBlog, Bloomberg, TechSpot, UPI, RetailWire, Skift, Simple Flying, Notebookcheck, Deseret News, and Benzinga
X: @levie, @united, @varunkrish, and @nirave
| Joseph Menn / Washington Post: |
Apple files to drop its NSO suit, citing Israeli government's alleged seizure of NSO files, and saying Apple's court disclosures may aid NSO and other hackers — iPhone maker says factors including the Israeli government's alleged seizure of files from the maker of Pegasus surveillance app undermine the suit's potential.Sponsor Posts
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