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Techmeme
September 27, 2024, 1:25 PM
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Top News

Hayden Field / CNBC:
Source: at an all-hands meeting, Sam Altman said there are no plans for him to get a “giant equity stake” in OpenAI, calling that information “just not true”  —  At an all-hands meeting Thursday, OpenAI CEO Sam Altman denied that there are plans for him to receive a …
Deepa Seetharaman / Wall Street Journal:
Current and former staff say OpenAI has rushed product announcements and safety testing, lost its lead over rivals, and Altman is detached from the day-to-day  —  Executives and researchers have left this year amid disputes over the company's values and fights among its leaders
Mariella Moon / Engadget:
The Irish Data Protection Commission wraps up an investigation into a 2019 breach, fining Meta €91M for violating GDPR rules by storing passwords in plain text  —  The Irish Data Protection Commission found that the company violated several GDPR rules.
Ian King / Bloomberg:
Source: Arm approached Intel about potentially buying Intel's product group, but not its factory operations; Intel declined, saying the division isn't for sale  —  The World's Call Center Capital Is Gripped by AI Fever — and Fear … Hello World
Kyle Wiens / iFixit News:
iPhone 16 Pro and Pro Max teardown: great modularity upgrades and better repairability due to a dual-entry design and a metal enclosure for the 16 Pro's battery  —  We first cracked into the iPhone 16 lineup over the weekend, and we were impressed.  The vanilla iPhone 16 earned a respectable 7 out of 10 repairability score.
Bloomberg:
Sources: Apple rethinks its movie strategy, including rolling back theatrical releases and cutting budgets for most to under $100M, after some box office misses  —  The tech giant intended to spend $1 billion annually on films for cinemas.  After several box office disappointments …
Elizabeth Lopatto / The Verge:
X is blocking links to Ken Klippenstein's newsletter with a hacked JD Vance dossier and has suspended Klippenstein's X account for posting Vance's personal info  —  X is preventing users from posting links to a newsletter containing a hacked document that's alleged to be the Trump campaign's research …
Tom Warren / The Verge:
Microsoft details how it has overhauled its controversial AI-powered Recall feature, including making it opt-in and giving users an option to uninstall  —  In response to security concerns, Microsoft is detailing how it has overhauled its controversial AI-powered Recall feature …
Eric Tucker / Associated Press:
The US DOJ charges three hackers employed by Iran's Revolutionary Guard for allegedly hacking Trump's presidential campaign and disseminating stolen info  —  The Justice Department unsealed criminal charges Friday against three Iranian operatives suspected of hacking Donald Trump's presidential campaign …

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From Mediagazer

Upmanyu Trivedi / Bloomberg:
The UK Competition and Markets Authority clears Paramount's takeover of WBD, saying “after the merger, Paramount will continue to face sufficient competition”

Lucas Manfredi / The Wrap:
WBD reports Q2 revenue down 11% YoY to $8.72B, below $9.21B est., net income down 91%, ad revenue down 22%, content revenue down 26%, streaming revenue up 10%

Lillian Rizzo / CNBC:
Versant reports Q2 revenue down 4% to $1.64B, above $1.62B est., ad revenue down 1%, platforms revenue up 1%, and raises its 2026 guidance; VSNT jumps 11%+

More News

Joseph Zeballos-Roig / Semafor:
Kamala Harris is courting crypto investors and pro-crypto Democrats in Congress, as some prominent Democrats temper their initial skepticism of crypto assets

Earlier Picks

Benj Edwards / Ars Technica:
Hugging Face surpasses 1M AI model listings for the first time; the platform began as a chatbot app in 2016 before becoming a hub for AI models in 2020
Reuters:
Indian food delivery company Swiggy files for an IPO in India, a source says targeting to raise $1.25B at a $15B valuation; Swiggy was valued at $10.7B in 2022
Paul Sawers / TechCrunch:
The Tor Project merges with Tails, a portable Linux-based OS focused on user privacy and anonymity; Tails says it had “outgrown its existing structure”
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