Techmeme
September 28, 2024, 2:05 AM

Top News

New York Times:
Docs: OpenAI had $300M in monthly revenue in August, up 1,700% since early 2023, 350M MAUs in June, and expects ~$3.7B in annual sales but $5B in losses in 2024  —  As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ChatGPT and a serious need for more cash.
Deepa Seetharaman / Wall Street Journal:
Hayden Field / CNBC:
Bill Toulas / BleepingComputer:
The US DOJ charges two Russians for operating $1B+ money laundering services for cybercriminals; one is accused of operating the Joker's Stash marketplace  —  The U.S. Department of Justice (DoJ) has announced charges against two Russian nationals for operating billion-dollar money laundering services …
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 …
Nikhilesh De / CoinDesk:
Mango DAO, Mango Labs, and Blockworks Foundation agree to destroy MNGO tokens and ask crypto exchanges to stop trading them as part of an SEC settlement  —  Mango DAO, Mango Labs and Blockworks Foundation agreed to settle charges with the U.S. Securities and Exchange Commission Friday.
Abner Li / 9to5Google:
Google rolls out Gemini-powered contextual Smart Replies, which analyzes the context of an email and suggests a detailed reply, in Gmail for paid users  —  Following the announcement at I/O 2024, Google is now rolling out Contextual Smart Replies to Gmail for Android and iOS.
Emma Roth / The Verge:
Steam changes its subscriber agreement, removing its forced arbitration policy and allowing gamers to take legal action against its parent company Valve  —  Steam just removed its forced arbitration policy, opening the door for lawsuits against its parent company, Valve.
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 …
Cristiano Lima-Strong / Washington Post:
Meta will also block sharing of Ken Klippenstein's newsletter and other sources with the JD Vance dossier, citing foreign meddling and hacked materials policies  —  The platform blocked a journalist from sharing a purported research document on the candidate, mirroring its past controversy.
Mariella Moon / Engadget:
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 …

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Earlier Picks

Kyle Wiens / iFixit News:
Katharine Gemmell / Bloomberg:
Madhumita Murgia / Financial Times: